customer relationships

HP quarterly profit plunges


November 22nd, 2011 - 1:13 pm ICT by IANS
San Francisco, Nov 22 (IANS) Hewlett-Packard Co. (HP) has reported that its profit in the most recent quarter fell more than 90 percent with sales also declining.In the company's ... Read more...

Posted in Business |

Continental plans 50 mn euros investment in India


August 24th, 2011 - 9:44 pm ICT by IANS
New Delhi, Aug 24 (IANS) International tyre manufacturer Continental Wednesday said that it plans to invest 50 million euros in its Indian operations for ramping up production of passenger and ... Read more...

Posted in Business |

Outgoing Soota not to divest MindTree stake for now


March 25th, 2011 - 12:07 am ICT by IANS
Bangalore, March 24 (IANS) Outgoing MindTree executive chairman Ashok Soota late Thursday clarified that he had no immediate plans to divest his 11.57 percent stake in the company."I have no ... Read more...

Posted in Business |

Siemens unveils new media platform for digital content


December 9th, 2010 - 8:24 pm ICT by IANS
Bangalore, Dec 9 (IANS) Siemens IT Solutions and Services Limited Thursday unveiled a new media platform that enables enterprises in the broadcasting, education and publishing segments to offer digital content with social ... Read more...

Posted in Business |

Mark Hurd Joins Oracle, HP Sues Him


September 8th, 2010 - 8:08 pm ICT by GD
By Gina Gomez Sep 8, (THAINDIAN NEWS) The former CEO of Hewlett-Packard Company seemed to have landed himself in another trouble. The former CEO resigned from his post after 5 years as the ... Read more...

Posted in Technology Industry News |

Sanjay Jha to head Motorola’s handset business


February 12th, 2010 - 10:29 am ICT by IANS
By Gurmukh Singh Chicago, Feb 12 (IANS) Bihar-born Sanjay Jha, currently the co-CEO of Motorola, will be the new chief executive officer of its handset and home businesses as the mobile phone maker ... Read more...

Posted in Business |

Intel to pay $1.25 bn to settle AMD dispute


November 13th, 2009 - 8:28 am ICT by IANS
San Francisco, Nov 13 (DPA) Intel is to pay smaller rival Advanced Micro Devices $1.25 billion to settle claims that the computer-chip giant violated antitrust and patent laws, the companies said. The move ... Read more...

Posted in Business |

Dying Nortel sells business to rival for $475 mn


July 21st, 2009 - 12:11 pm ICT by IANS
Toronto, July 21 (IANS) Nortel, the once global telecom equipment giant that declared it would liquidate itself last month, has announced that it was selling its enterprise business to rival Avaya Inc. ... Read more...

Posted in World |

Nortel to shut down, sells wireless business to Nokia


June 20th, 2009 - 11:43 am ICT by IANS
Toronto, June 20 (IANS) Toronto-headquartered Nortel, which is under bankruptcy protection in both the US and Canada, has announced that it will liquidate itself. In a statement issued Friday, the 127-year-old Canadian telecom ... Read more...

Posted in Business |

Global slump prompts IT staff to snoop on colleagues


June 12th, 2009 - 3:20 pm ICT by ANI
London, Jun 12 (ANI): A new survey has revealed that the ongoing global economic slump has prompted IT staff to snoop on colleagues.The research conducted on IT workers by Cyber-Ark found that ... Read more...

Posted in World |

Satyam looks up with bank funds, new chief executive (Second Lead)


February 5th, 2009 - 9:13 pm ICT by IANS
Hyderabad, Feb 5 (IANS) The cash-strapped Satyam Computer Services will get Rs.6 billion (Rs.600 crore/$130 million) from banks to meet its working capital requirements, and a new chief executive in company veteran ... Read more...

Posted in Business |

Rs 6-billion bank funds for Satyam working capital (Lead)


February 5th, 2009 - 7:30 pm ICT by IANS
Hyderabad, Feb 5 (IANS) The cash-strapped Satyam Computer Services would borrow Rs.6 billion (Rs.600 crore/$130 million) from banks to meet its working capital requirements, the company confirmed Thursday after a two-day board ... Read more...

Posted in Business |

Britain’s second largest airline bmi opts for Technopark IT solution


February 3rd, 2009 - 11:05 pm ICT by IANS
Thiruvananthapuram, Feb 3 (IANS) bmi, Britain's second largest airline and a Star Alliance member, has opted for Tehcnopark-headquartered IBS Software's new generation IT solution for managing loyalty programmes for its passengers, it ... Read more...

Posted in Business |

Satyam demands apology from World Bank


December 25th, 2008 - 9:07 pm ICT by IANS
Hyderabad, Dec 25 (IANS) Taking objection to certain statements made by the World Bank, India's fourth largest software services company Satyam Computer Services Thursday demanded an apology from the international aid institution.The ... Read more...

Posted in Business |

Mobile phones can never be totally wiped clean of data


October 6th, 2008 - 6:18 pm ICT by ANI
Melbourne, Oct 6 (ANI): Each year millions of mobile phones are lost or discarded with their personal data, which can eventually be extracted by someone or the other, making cell phones ... Read more...

Posted in National |

Dr. Reddy’s buys BASF manufacturing unit in US


April 30th, 2008 - 9:13 pm ICT by admin
DPA Ludwigshafen (Germany), April 30 (DPA) Indian pharmaceuticals company Dr. Reddy's Laboratories bought Wednesday a manufacturing facility of BASF at Shreveport, Louisiana, the world's biggest chemicals group said in Germany. BASF said that ... Read more...

Posted in Health Science |

BSNL signs contract for Convergys to lower IT costs and launch convergent services


April 22nd, 2008 - 7:34 pm ICT by admin
Cincinnati, Apr 22 (ANI/Business Wire India): Convergys corporation (NYSE: CVG), a global leader in relationship management, announced today that Bharat Sanchar Nigam Limited (BSNL) has signed a multi-year licensing, support, and ... Read more...

Posted in Business |

NetCracker focuses on strategies to overcome service innovation barriers at Management World India 2


March 24th, 2008 - 1:19 pm ICT by admin
Waltham, Mar 24 (ANI/Business Wire India): NetCracker Technology announced today that it will draw on its extensive experience in service delivery innovation at the TM Forum's Management World India. The event will ... Read more...

Posted in Health Science |

KPMG survey says software firms losing billions due to piracy


December 19th, 2007 - 3:01 pm ICT by admin
Mumbai, Dec 19 (ANI): KPMG, the US audit, tax and advisory firm, has said that illegal and unlicensed software installations continue to be a significant problem and source of revenue loss for ... Read more...

Posted in Business |

Shilpa Medicare signs MoU to acquire Austria’s LOBA Finchemie


November 14th, 2007 - 2:21 am ICT by admin
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Posted in Business |

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