business units

CII to set up Centre for Excellence in Kerala


June 22nd, 2012 - 10:02 pm ICT by IANS
Thiruvananthapuram, June 22 (IANS) The Confederation of Indian Industry (CII), in association with the Kerala government, will set up a Centre of Excellence (CoE) in the state, its southern ... Read more...

Posted in Business |

‘Revised defence offsets policy will encourage Indian SME sector’


May 8th, 2012 - 9:12 pm ICT by IANS
Chennai, May 8 (IANS) A major portion of the defence offsets opportunity for Indian companies is in the areas of engineering outsourcing, maintenance, repair and overhaul, with the revised policy ... Read more...

Posted in Business |

Infotech’s revenues up by 30 percent


April 18th, 2012 - 11:41 pm ICT by IANS
Hyderabad, April 18 (IANS) Infotech Enterprises Limited, a global technology solutions provider, has recorded a growth of 30.7 percent in revenues while the operating profit has gone up by 50 ... Read more...

Posted in Sci-Tech |

Bottling firm to invest $1.1 bn in Colombia, Brazil


March 1st, 2012 - 11:50 am ICT by IANS
Mexico City, March 1 (IANS/EFE) Fomento Economico Mexicano, or FEMSA, Latin America's largest bottling company, said it planned to invest $1.1 billion this year in new projects, including new plants ... Read more...

Posted in Business |

Nissan, Daimler eye joint plant in Mexico


November 17th, 2011 - 11:38 am ICT by IANS
Tokyo, Nov 17 (IANS/EFE) Japanese automaker Nissan and Germany's Daimler are mulling plans for a joint factory in Mexico with the capacity to produce up to 200,000 vehicles annually for ... Read more...

Posted in Business |

Wipro appoints new global head for back office operations


June 13th, 2011 - 11:45 pm ICT by IANS
Bangalore, June 13 (IANS) Global software major Wipro Technologies Monday appointed senior executive Manish Dugar as global head of its back office operations or business process outsourcing (BPO)."Dugar has been ... Read more...

Posted in Business |

Godrej brand valued at $2.86 billion


May 10th, 2011 - 7:32 pm ICT by IANS
Mumbai, May 10 (IANS) The Godrej brand is valued at $2.86 billion (Rs.12,689 crore), the conglomerate said Tuesday, citing a brand valuation report."Businesses in India today can no longer have ... Read more...

Posted in Business |

Microsoft India chief Ravi Venkatesan quits


February 10th, 2011 - 11:57 pm ICT by IANS
Bangalore, Feb 10 (IANS) Ravi Venkatesan Thursday resigned as Microsoft India chairman and corporate vice president to "pursue other opportunities" after a seven-year stint with the global software major. "Venkatesan, who decided ... Read more...

Posted in Business |

European Commission approves acquisition of US energy company by General Electric


January 5th, 2011 - 1:40 am ICT by BNO News
BRUSSELS (BNO NEWS) -- The European Commission on Tuesday approved the acquisition of the U.S. energy company, Dresser Holdings, by General Electric Company (GE).General Electric, also based in the United States, proposed ... Read more...

Posted in Business |

India has to address governance, ethical deficits: Chidambaram


January 1st, 2011 - 11:28 pm ICT by IANS
Chennai, Jan 1 (IANS) India has to address three major deficits - governance, regulatory and ethical- if the country has to progress, the economy continue to log nine percent growth and ... Read more...

Posted in Business |

Balmer Lawrie plans Rs.3,500 crore turnover in 5 years


September 24th, 2010 - 5:46 pm ICT by IANS
Kolkata, Sep 24 (IANS) State-owned conglomerate Balmer Lawrie plans to put in Rs.300 crore in six verticals to clock a turnover of Rs.3,500 crore in the next five years, a top company ... Read more...

Posted in Business |

EMC launches global command center, critical incident response center in India


September 16th, 2010 - 8:18 pm ICT by ANI
Bangalore (Karnataka), Sept.16 (ANI-Business Wire India): EMC Corporation, the world leader in information infrastructure solutions, today inaugurated its second Global Command Center (GCC) and Critical Incident Response Center (CIRC) at its India ... Read more...

Posted in Business |

Success of companies depend on employee perceptions


August 15th, 2010 - 3:27 pm ICT by IANS
Washington, Aug 15 (IANS) When a JetBlue flight attendant deplaned last week, many questions arose as to why someone would be willing to give up a steady job during these tough economic ... Read more...

Posted in Business |

Poor rainfall affects the rain gear business in Rajashthan


July 14th, 2010 - 8:04 pm ICT by ANI
Jaipur, July 14 (ANI): The sale of protective rain gear like umbrellas, raincoats and similar items have failed to pick up in Jaipur due to inadequate rainfall during the monsoon season in ... Read more...

Posted in National |

Normal life hit by severe heat conditions in Rajasthan


June 23rd, 2010 - 10:20 pm ICT by ANI
By Lokender SinghJaipur, June 23 (ANI): The general life in Rajasthan has been badly hit due to prevailing heat conditions and the mercury touching 46 degree Celsius.Most of the city's ... Read more...

Posted in National |

Tension mounts in Darjeeling following Tamang’s murder


May 22nd, 2010 - 8:39 pm ICT by ANI
Darjeeling (West Bengal), May 22 (ANI): Tension continued in Darjeeling for the second consecutive day on Saturday following Friday's killing of All India Gorkha League President and active Gorkhaland proponent Madan Tamang.Panic ... Read more...

Posted in National |

Premji bets on large deals from US, Europe and India


April 23rd, 2010 - 7:37 pm ICT by IANS
By Fakir Balaji Bangalore, April 23 (IANS) With tech spend reviving on signs of global economic recovery, Indian IT bellwethers like Wipro see large deals coming back to the table for aggressive business ... Read more...

Posted in Sci-Tech |

Private schools in Chandigarh under scanner for flouting rules


March 28th, 2010 - 12:33 pm ICT by IANS
Chandigarh, March 28 (IANS) Private schools of this union territory (UT) are up in arms against the Chandigarh administration over the surprise inspections being conducted of their premises. But the education ... Read more...

Posted in Uncategorized |

South Korea’s LG sees 45 percent jump in India turnover (Lead)


February 16th, 2010 - 8:01 pm ICT by IANS
Kolkata, Feb 16 (IANS) Backed by a robust revival of demand for consumer durables, the Indian arm of South Korean giant LG Electronics expects a 45 percent jump in turnover during 2010. "With ... Read more...

Posted in Business |

GE merges healthcare units with Wipro joint venture


October 2nd, 2009 - 5:30 pm ICT by IANS
Bangalore, Oct 2 (IANS) Medical technologies and services major GE Healthcare has integrated its business units and manufacturing plants in India with its joint venture Wipro GE Healthcare to drive growth, the ... Read more...

Posted in Business |

Dying Nortel’s CEO steps down, board trimmed


August 11th, 2009 - 10:02 am ICT by IANS
Toronto, Aug 11 (IANS) The final curtain fell on dying Nortel Monday when its president and CEO Mike Zafirovski stepped down even as the company trimmed its board of directors from nine ... Read more...

Posted in Business |

Tamil Nadu to build financial city to attract investments


July 13th, 2009 - 11:11 pm ICT by IANS
Chennai, July 13 (IANS) After attracting global automobile manufacturers to the state, Tamil Nadu is now targeting sectors like financial services and aviation with special schemes. Responding to the discussions for the ... Read more...

Posted in Business |

Tamil Nadu plans financial city, country specific parks (Lead)


July 13th, 2009 - 10:23 pm ICT by IANS
Chennai, July 13 (IANS) After attracting global automobile manufacturers to the state, Tamil Nadu is now planning a financial city, an aviation park and country-specific complexes to attract investment. Responding to the ... Read more...

Posted in Business |

Tamil Nadu to develop country-specific industrial parks


July 13th, 2009 - 9:34 pm ICT by IANS
Chennai, July 13 (IANS) The Tamil Nadu government is developing country-specific industrial parks to attract investments from business units located in those countries. According to the Industries Department policy note submitted by ... Read more...

Posted in Business |

Surrendered ULFA cadres help fellow Assamese


January 16th, 2009 - 11:12 pm ICT by ANI
Dibrugarh (Assam), Jan.16 (ANI): A group of former United Liberation Front of Asom (ULFA) cadres have formed Asom Vikas Mancha (AVM) to render free services to the poor and downtrodden people ... Read more...

Posted in National |

Amex to cut India jobs, refuses to give numbers


November 3rd, 2008 - 10:27 pm ICT by IANS
New Delhi, Nov 3 (IANS) US credit card and banking giant American Express Monday confirmed that the company would cut jobs in India but said it cannot give a specific number.“Approximately 7,000 ... Read more...

Posted in Business |

Tamil Nadu coaxing ‘industrial whales’ to come ashore


May 12th, 2008 - 1:00 pm ICT by admin
By Venkatachari Jagannathan Chennai, May 12 (IANS) Officials of the Tamil Nadu industries department, located on the Coromandel Coast, are known as "investment whalers" - they coax industrial houses to set up units ... Read more...

Posted in Business |

Citigroup to unload $400 billion non-core assets (Lead)


May 9th, 2008 - 11:25 pm ICT by admin
By Parveen Chopra New York, May 9 (IANS) Vikram Pandit, India born chief executive of Citigroup, Friday presented his strategy to turn around the beleaguered bank and announced that it plans to unload ... Read more...

Posted in Business |

Infosys reorganises to leverage growing business opportunities


November 14th, 2007 - 2:54 am ICT by admin
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Posted in Business |

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