October 16th, 2008 - 5:03 pm ICT by IANS
-
Ahmedabad, Oct 16 (IANS) Agro-chemical major United Phosphorus Ltd (UPL) is raising around $75 million in loan from the International Financial Corp (IFC) to fund its expansion as well as new projects ...
Posted in Business, | No Comments »
September 16th, 2008 - 11:05 pm ICT by IANS
-
Mumbai, Sep 16 (IANS) India's largest private lender ICICI Bank Tuesday said its London subsidiary has an investment of 57 million euros ($80.7 million) in senior bonds of Lehman Brothers Inc, which ...
Posted in Business, | No Comments »
August 6th, 2008 - 8:28 pm ICT by IANS
-
Kolkata, Aug 6 (IANS) India's largest private steel manufacturer Tata Steel Ltd said Wednesday that there was no plan to list Tata Steel Global Resources (TSGR), the holding company for its steel ...
Posted in Business, | No Comments »
July 31st, 2008 - 5:05 pm ICT by IANS
-
Mumbai, July 31 (IANS) Textile manufacturer Arvind Mills Ltd announced a net profit of Rs.40 million during the first quarter this fiscal year, compared to Rs.60 million in the same period the ...
Posted in Business, | No Comments »
July 28th, 2008 - 8:04 pm ICT by IANS
-
Kolkata, July 28 (IANS) Biscuit and dairy product major Britannia Industries Ltd, embroiled in a bitter intellectual property right (IPR) violation litigation with French partner Groupe Danone, is interested in an out-of-court ...
Posted in Business, | No Comments »
July 18th, 2008 - 12:48 pm ICT by IANS
-
Bangalore, July 18 (IANS) Wipro Ltd remains cautious in the near-term on revenue guidance from its combined IT services despite a healthy topline and bottomline growth in the first quarter (April-June) of ...
Posted in Sci-Tech, | No Comments »
July 11th, 2008 - 7:29 pm ICT by IANS
-
Bangalore, July 11 (IANS) Infosys Technologies Ltd incurred a loss of Rs.800 million in the volatile forex market due to 5.6 percent depreciation of the rupee during the first quarter this fiscal, ...
Posted in Business, | No Comments »
July 11th, 2008 - 3:35 pm ICT by IANS
-
Bangalore, July 11 (IANS) Infosys Technologies Ltd posted a net profit of Rs.13.02 billion for the first quarter this fiscal, registering a 21 percent year-on-year (YoY) growth from the Rs.10.8 billion posted ...
Posted in Business, | No Comments »
July 7th, 2008 - 9:34 pm ICT by IANS
-
By P. Karunakharan
Colombo, July 7 (IANS) The Sri Lankan government Monday entered into a petroleum resources agreement with Cairn India Ltd to explore oil and natural gas deposits in the northwestern Mannar ...
Posted in South Asia, | No Comments »
July 2nd, 2008 - 10:15 pm ICT by IANS
-
New York, July 2 (IANS) Starbucks, the largest coffee shop chain in the world, is closing 600 stores in the US beginning this year and has announced laying off more than 12,000 ...
Posted in World, | No Comments »
July 1st, 2008 - 1:54 pm ICT by ANI
-
Karachi , July 1 (ANI): The PCB is not likely to support the candidature of the countrys former Test opener Majid Khan for the post of Chairman of the ICC Cricket ...
Posted in National, | No Comments »
June 26th, 2008 - 7:52 pm ICT by IANS
-
Mumbai, June 26 (IANS) The country's largest public sector bank, the State Bank of India (SBI), Thursday hiked its benchmark prime lending rate (PLR) by 0.5 percent to 12.75 percent annually. The ...
Posted in Business, | No Comments »
June 20th, 2008 - 9:57 pm ICT by IANS
-
Chennai, June 20 (IANS) Venture capital companies partnering private equity to establish business alliances and utilising external boards can act as corporate growth catalysts, a top industry official has said. Managing business ...
Posted in Business, | No Comments »
June 19th, 2008 - 7:16 pm ICT by IANS
-
Chennai/Mumbai June 19 (IANS) Hinduja Group flagship and the country's second largest commercial vehicle manufacturer Ashok Leyland Thursday announced the formation of a new company - Albonair in Dortmund, Germany - that ...
Posted in Business, | No Comments »
June 17th, 2008 - 11:10 pm ICT by IANS
-
Mumbai, June 17 (IANS) Commercial vehicles manufacturer Ashok Leyland (AL) Tuesday said the company would invest around Rs.30 billion ($714.3 million) in the next three years for its capacity expansion. On the ...
Posted in Business, | No Comments »
June 17th, 2008 - 7:13 am ICT by IANS
-
DPA
New York, June 16 (DPA) US investment bank Lehman Brothers said Monday it suffered a net loss of some $2.8 billion, or $5.14 per share, in the second quarter of fiscal ...
Posted in World, | No Comments »
June 7th, 2008 - 2:54 pm ICT by ANI
-
London, June 7 (ANI): Henry T. Nicholas III, the flamboyant co-founder and former chief executive of semiconductor chipmaker Broadcom, built a sex cave under his house, took cocaine, spiked customers' drinks ...
Posted in South Asia, | No Comments »
June 2nd, 2008 - 8:01 pm ICT by IANS
-
Mumbai, June 2 (IANS) The Tata group, India's largest business conglomerate, Monday said they had formally acquired British marques Jaguar and Land Rover (JLR) from Ford Motor Company. The business was acquired ...
Posted in Business, | No Comments »
June 2nd, 2008 - 7:33 pm ICT by IANS
-
Mumbai, June 2 (IANS) Tata Sons and Tata Motors Chairman Ratan N. Tata Monday formally acquired the prestigious Jaguar and Land Rover (JLR) businesses from Ford Motor Company at a ceremony in ...
Posted in Business, | No Comments »
May 23rd, 2008 - 1:13 am ICT by admin
-
New York, May 22 (IANS) With a woman and a black hoping to become US president, PepsiCo chief Indra Nooyi, one of the most powerful women in world business, has expressed the ...
Posted in World, | No Comments »
May 13th, 2008 - 1:07 am ICT by admin
-
Mumbai, May 12 (IANS) Ahmedabad-based Textile manufacturer Arvind Ltd is targeting to earn $1 billion (Rs.40 billion) in revenue by next year and plans to sell off some of its non-strategic assets ...
Posted in Business, | No Comments »
May 7th, 2008 - 11:29 pm ICT by admin
-
Ahmedabad, May 7 (IANS) City-based Dishman Pharmaceuticals and Chemicals Ltd (DPCL) has commissioned three active pharmaceutical ingredient (API) facilities at Bavla. The three API facilities that provide additional capacity for undertaking contract ...
Posted in Business, | No Comments »
May 1st, 2008 - 12:53 pm ICT by admin
-
DPA
Detroit, May 1 (DPA) The world's largest automaker General Motors (GM), fighting to keep the title after dropping behind Toyota in the first quarter, has reported first quarter losses of $3.3 billion. ...
Posted in World, | No Comments »
April 25th, 2008 - 9:56 pm ICT by admin
-
Dubai, April 25 (IANS) The International Cricket Council Friday forced its Chief Executive Officer Malcolm Speed to go on a paid leave till the end of his contract because of "breakdown" of ...
Posted in World, | No Comments »
April 25th, 2008 - 4:12 pm ICT by admin
-
Lahore, Apr 25 (ANI): PCB chairman Nasim Ashraf has reportedly ordered an inquiry against providing incorrect information to the Senate and the National Assembly regarding salaries of the PCB Chief Operating ...
Posted in Sports, | No Comments »
April 18th, 2008 - 10:47 pm ICT by admin
-
(Lead)
DPA
New York, April 18 (DPA) US banking giant Citigroup Friday announced plans to cut 9,000 jobs in the wake of a first-quarter net loss of $5.11 billion. Company's chief financial officer Gary ...
Posted in Business, | No Comments »
April 18th, 2008 - 5:51 pm ICT by admin
-
San Francisco, April 18 (IANS) One of the world's biggest chip maker Advanced Micro Devices (AMD) posted its sixth consecutive quarterly loss, but the company executives vowed a return to profitability in ...
Posted in World, | No Comments »
April 15th, 2008 - 9:28 pm ICT by admin
-
Bangalore, April 15 (IANS) Infosys Technologies Ltd suffered a loss of Rs.10 billion ($250 million) in net profit and Rs.20 billion in gross revenue for the last fiscal (2007-08) due to steep ...
Posted in Business, | No Comments »
April 15th, 2008 - 8:05 pm ICT by admin
-
Chennai, April 15 (IANS) Internet services firm Sify Technologies Ltd will raise around $57 million (over Rs.2 billion) with a premium equity issue to Infinity Satcom Universal Pvt Ltd, the company said ...
Posted in Business, | No Comments »
April 15th, 2008 - 3:03 pm ICT by admin
-
(Lead)
Bangalore, April 15 (IANS) Infosys Technologies Tuesday projected a flat growth rate of 19-21 percent for this fiscal, the same as the 20 percent year-on-year (YoY) revenue growth achieved in 2007-08. "There ...
Posted in Sci-Tech, | No Comments »
« Previous Entries
