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Time to rethink India's IT reputation, says visiting delegation
By Pattrick Smellie Aug. 26 (BusinessDesk) - India's reputation as a low-cost hub for IT "offshoring" is becoming a thing of the past and the country is emerging as an innovation hub with capacity to take ideas to commercial scale, says a leading member of a 15-strong delegati...
Connor Healthcare boosts Acurity take over offer to 38 percent premium on last share price
By Suze Metherell Aug. 26 (BusinessDesk) - Acurity Healthcare Group's independent directors have unanimously accepted Connor Healthcare's takeover offer for the 29 percent of the company it doesn't own, after Connor boosted its offer by 75 cents per share to $7.25 a share....
Pacific Brands to sell workware unit to Wesfarmers after impairments led to full-year loss
By Suze Metherell Aug. 26 (BusinessDesk) - Pacific Brands agreed to sell its workwear unit, which owns the Hard Yakka and King Gee clothing brands, to Wesfarmers after impairments against the business resulted in a full-year loss. The Melbourne-based clothing and linen comp...