Yahoo! to cut another 2,000 jobs in restructuring effort
April 4th, 2012 - 10:54 pm ICT by BNO News
SAN FRANCISCO, CALIFORNIA (BNO NEWS) -- Internet giant Yahoo!, Inc. on Wednesday said it will cut another 2,000 jobs, or about 14 percent of its global workforce, as part of a broader ... Read more...
Posted in Technology Industry News |
Reliance Capital consolidated net profit rises 9 percent
May 30th, 2011 - 7:20 pm ICT by IANS
Mumbai, May 30 (IANS) Reliance Capital, the financial services flagship of the Anil Ambani Group Monday reported a 9 percent increase in consolidated net profit, before provisioning, to Rs.475 crore.The ... Read more...
Posted in Business |
Reliance Capital reports strong growth in core businesses (Second Lead)
November 13th, 2010 - 7:49 pm ICT by IANS
Mumbai, Nov 13 (IANS) Reliance Capital, the financial services arm of the Anil Ambani Group, Saturday reported a 51 percent jump in earnings from major operating businesses for the quarter ended Sep ... Read more...
Posted in Business |
Reliance Capital reports 51 percent jump in earnings (Lead)
November 13th, 2010 - 7:19 pm ICT by IANS
Mumbai, Nov 13 (IANS) Reliance Capital, the financial services arm of Anil Ambani Group, Saturday reported a 51 percent jump in earnings from major operating businesses for the quarter ended Sep 30 ... Read more...
Posted in Business |
Reliance Capital net profit dips 28 percent
November 13th, 2010 - 6:30 pm ICT by IANS
Mumbai, Nov 13 (IANS) Reliance Capital, the financial services arm of the Anil Dhirubhai Ambani Group (ADAG), Saturday reported a 28 percent decrease in net profit for the quarter ended Sep 30 ... Read more...
Posted in Business |
Biocon net profit up 20 percent in second quarter
October 22nd, 2010 - 6:08 pm ICT by IANS
Bangalore, Oct 22 (IANS) India's leading biotech firm Biocon Ltd posted net profit of Rs.89 crore for the second quarter (July-Sep) of this fiscal (2010-11), registering a 20 percent year-on-year (YoY) growth.In ... Read more...
Posted in Health |
EBay reports profits up 11 percent
April 22nd, 2010 - 8:29 am ICT by IANS
San Francisco, April 22 (DPA) Online auction leader eBay Wednesday reported an 11-percent rise in quarterly profits, as revenue grew in its core businesses of auctions and its Paypal online payment system.
The ... Read more...
Posted in Business |
State-run banks can enter insurance business
March 17th, 2010 - 8:43 pm ICT by IANS
New Delhi, March 17 (IANS) The government will not prevent public sector banks from entering new businesses like insurance and mutual funds, a senior finance ministry official said Wednesday.
"There is no issue ... Read more...
Posted in Business |
Three former Pakistani generals accused of fraud
October 30th, 2009 - 3:26 pm ICT by IANS
Islamabad, Oct 30 (IANS) Three former Pakistani Army generals have been accused of causing a Rs.1.8 billion loss to the government by illegally trading on the volatile stock market despite a diktat ... Read more...
Posted in World |
Google boss resigns from Apple board
August 3rd, 2009 - 10:33 pm ICT by IANS
San Francisco, Aug 3 (DPA) Google chief executive officer Eric Schmidt has resigned from the board of Apple because of potential conflicts of interest, Apple said in a statement Monday.
The move comes ... Read more...
Posted in Business |
Google CEO Eric Schmidt quits Apple board
August 3rd, 2009 - 8:57 pm ICT by John Le Fevre
Eric Schmidt, chief executive of Google Inc., has resigned from the board of directors of Apple Inc., as the two companies continue to develop increasingly competitive products.Schmidt, joined a fledgling Google ... Read more...
Posted in Technology Industry News |
RCom shareholders okay demerger of optic fibre business
May 26th, 2009 - 6:20 pm ICT by IANS
Mumbai, May 26 (IANS) Reliance Communications (RCom), India's second largest telecom operator, Tuesday said it has received approval from its shareholders for the demerger of its optic fibre division and subsequent merger ... Read more...
Posted in Business |
DLF net profit dips 41 percent
May 1st, 2009 - 2:11 pm ICT by IANS
Mumbai, May 1 (IANS) Realty major DLF Friday said its net profit dipped over 41 percent for the year ended March 31 to Rs.4,629 crore (Rs.46.29 billion/$938 million) from Rs.7,821 crore (Rs.78.21 ... Read more...
Posted in Business |
Recession to hit Indian students in US: diplomat
April 24th, 2009 - 7:47 pm ICT by IANS
New Delhi, April 24 (IANS) Recession is bound to hit Indians wanting to study in the US, but America is offering more scholarships, a senior American diplomat said Friday.
Indians represent the largest ... Read more...
Posted in Uncategorized |
Nortel seeks court nod for bonuses to top honchos
March 20th, 2009 - 1:45 pm ICT by IANS
By Gurmukh Singh
Toronto, March 20 (IANS) Even as the US House Thursday passed a bill to heavily tax bonuses for executives of companies bailed out with government money, global telecom giant Nortel ... Read more...
Posted in Business |
Pandit’s Citi splitting into two after $8.3 billion loss
January 17th, 2009 - 12:07 am ICT by IANS
Washington, Jan 16 (IANS) Citigroup revealed plans to split up into two businesses, effectively bringing an end to the company's "financial supermarket" model, after reporting a much bigger-than-expected $8.3 billion quarterly loss ... Read more...
Posted in Business |
Unilever washes its hands of Surf
July 29th, 2008 - 8:41 pm ICT by IANS
New York, July 29 (IANS) Consumer products giant Unilever has agreed to sell Surf, Snuggle and other detergent brands in North America to a private equity group, Vestar Capital, for $1.45 billion ... Read more...
Posted in Uncategorized |
Union Bank targets 23 percent deposit growth
July 15th, 2008 - 6:56 pm ICT by IANS
Kolkata, July 15 (IANS) Union Bank of India has targeted a deposit growth of 23 percent and credit growth of 22 percent this fiscal, a top bank official said here Tuesday. "We ... Read more...
Posted in Business |
Google one up on Microsoft with hosted security offering
May 11th, 2008 - 3:24 pm ICT by admin
Washington , May 11 (ANI): Software as a service and cloud computing might not ring a bell for many today, but thats what is going to rule the roost in future ... Read more...
Posted in World |