Indian security solutions provider acquires British firm
July 15th, 2012 - 8:03 pm ICT by IANS
Mumbai, July 15 (IANS) Mumbai-based security solutions provider Topsgrup said Sunday it had completed the acquisition of British security firm The Shield Guarding Company Limited.Acquired for 19.5 million pounds, The ... Read more...
Posted in Uncategorized |
Tech legend Steve Jobs quits as Apple CEO
August 25th, 2011 - 11:19 am ICT by IANS
Washington, Aug 25 (IANS) Amid a long battle against illness, technical legend Steve Jobs has resigned as CEO of Apple, but will stay on as chairman of the iconic computer ... Read more...
Posted in Sci-Tech |
US takes majority stake in GM’s former financing arm GMAC
December 31st, 2009 - 5:17 am ICT by IANS
Washington, Dec 31 (DPA) The US government will loan another $3.8 billion to car financier GMAC, a former subsidiary of General Motors, and will take a controlling stake of 56 percent, ... Read more...
Posted in Business |
Tamil Nadu Telecom’s debt to be converted to equity
August 20th, 2009 - 8:21 pm ICT by IANS
New Delhi, Aug 20 (IANS) The government Thursday said it would convert loans taken by state-owned Tamil Nadu Telecommunications Ltd (TTL) to equity as part of efforts to revive the ailing company.
TTL ... Read more...
Posted in Business |
West Bengal wagon makers rejoice over rail budget
July 3rd, 2009 - 7:27 pm ICT by IANS
Kolkata, July 3 (IANS) Railway Minister Mamata Banerjee's pledge that her ministry will buy 18,000 wagons in 2009-10 has excited West Bengal's wagon makers Friday.
"It's good news for us. Though ... Read more...
Posted in Business |
Burn Standard upbeat on takeover proposal by Railways
July 3rd, 2009 - 6:04 pm ICT by IANS
Kolkata, July 3 (IANS) State-owned railway equipment manufacturer Burn Standard is hoping for a new lease of life following Railways Minister Mamata Banerjee's announcement that her ministry would speed up the ... Read more...
Posted in Business |
India ‘unofficially’ blacklisting us: South African arms maker
June 21st, 2009 - 6:50 pm ICT by IANS
By Fakir Hassen
Johannesburg, June 21 (IANS) An "unofficial" blacklisting by India has resulted in South African arms manufacturer Denel losing two billion rands in revenue, a company executive has told parliament.The parastatal ... Read more...
Posted in Business |
Dunlop declares suspension of work at Sahaganj unit
November 30th, 2008 - 5:54 pm ICT by IANS
Kolkata, Nov 30 (IANS) Tyre-maker Dunlop India Ltd Sunday declared suspension of work at its Sahaganj plant in the Hooghly district, leaving the future of over 1,200 workers in uncertainty.The ailing company's ... Read more...
Posted in Business |
Oswal Group buys out Austrian joint venture partner
August 28th, 2008 - 7:35 pm ICT by IANS
New Delhi, Aug 28 (IANS) Indian yarn maker Oswal Group has taken over its Austrian joint venture partner, the now bankrupt textile firm FM Hammerle, Austrian media reports said. The Group's Rs.3.7-billion ... Read more...
Posted in Uncategorized |