global business

US eyes infrastructure spending in India, emerging economies


September 21st, 2012 - 11:34 am ICT by IANS
Washington, Sep 21 (IANS) With India and other emerging economies set to spends trillions of dollars to build infrastructure, US Secretary of State Hillary Clinton is hoping that they would ... Read more...

Posted in Business |

Global business meet for Indian diaspora


August 28th, 2012 - 7:53 pm ICT by IANS
Mumbai, Aug 28 (IANS) A global business meet to provide a platform to the Indian diaspora will be held in New York next month by New Global Indian Foundation ... Read more...

Posted in Business |

Sony expects to earn 10 percent of global business from India


April 25th, 2012 - 7:11 pm ICT by IANS
Kolkata, April 25 (IANS) Japanese electronic goods maker Sony is expecting to garner 10 percent of its total global business from India after five years."At the moment, five percent of ... Read more...

Posted in Business |

US to focus on business abroad - like India, China


February 22nd, 2012 - 12:59 pm ICT by IANS
Washington, Feb 22 (IANS) Suggesting that rising powers like India, China and Brazil were putting economics at the centre of their foreign policies, Secretary of State Hillary Clinton advocates Economic ... Read more...

Posted in Business |

Indian Bank to convert Rs.400 crore preference shares to equity


January 30th, 2012 - 5:44 pm ICT by IANS
Chennai, Jan 30 (IANS) Public sector Indian Bank plans to convert Perpetual Non-Convertible Preference Shares (PNCPS) worth Rs.400 crore into equity at market rate soon even as it has the ... Read more...

Posted in Business |

Wikipedia to shut down website for 24 hours


January 17th, 2012 - 8:14 pm ICT by IANS
London, Jan 17 (IANS) Popular online encyclopaedia Wikipedia will voluntarily shut down for 24 hours Wednesday as a protest against internet piracy laws in the US. Co-founder Jimmy Wales said ... Read more...

Posted in Uncategorized |

Russian firms most likely to bribe: Global survey


November 3rd, 2011 - 8:31 am ICT by IANS
Moscow, Nov 3 (IANS/RIA Novosti) Russian companies are most likely to pay bribes while doing business abroad, says the latest "Bribe Payers Survey" by anti-corruption watchdog Transparency International.The "2011 Bribe ... Read more...

Posted in World |

Italy to host India business meeting in June


May 3rd, 2011 - 3:38 pm ICT by IANS
Brussels, May 3 (IANS) Italy will host a largest gathering of business leaders from India and other countries for a Global India Business Meeting in June, the Brussels-based Europe India ... Read more...

Posted in Business |

1:1 bonus issue by TVS Motor Company


April 29th, 2011 - 8:10 pm ICT by IANS
Chennai April 29 (IANS) Two and three wheeler maker TVS Motor Company's board Friday recommended bonus equity issue of 1:1.The Rs.47.51 crore equity based company closed the year 2010-11 with ... Read more...

Posted in Business |

Don’t write us off, warns BlackBerry chief


April 16th, 2011 - 10:55 am ICT by IANS
Toronto/New York, April 16 (IANS) After this week's advance reviews slamming its PlayBook tablet, that is hitting markets Tuesday, as 'half baked' and analysts calling the company a "broken ... Read more...

Posted in Sci-Tech |

Davos Summit CEOs see China remaining global growth engine


January 27th, 2011 - 2:22 pm ICT by ANI
Davos (Switzerland), Jan.27 (ANI): World business leaders continue to see China as the engine of global economic growth despite the tremendous challenges it faces in shifting from an investment and export-led development ... Read more...

Posted in World |

M&M, DLLFS team up to finance US tractor dealers


January 21st, 2011 - 11:42 pm ICT by IANS
Mumbai, Jan 21 (IANS) Mahindra & Mahindra's financial services subsidiary Mahindra Finance Friday announced a joint venture with De Lage Landen Financial Services to provide finance to US-based tractor dealers.The new venture, ... Read more...

Posted in Business |

Almost 8,000 MoUs worth $462 bn signed in Vibrant Gujarat: Modi


January 13th, 2011 - 10:04 pm ICT by IANS
Gandhinagar, Jan 13 (IANS) Chief Minister Narendra Modi announced investment promises of Rs.20,83,000 crore ($462 billion) through 7,936 memoranda of understanding (MOUs), expected to generate employment opportunities for 5.2 million people ... Read more...

Posted in Business |

SBI to open branch in Qatar


January 3rd, 2011 - 10:29 pm ICT by IANS
Doha, Jan 3 (IANS) The State Bank of India (SBI), the eighth biggest bank in Asia and ranked 62nd in the world, will open a branch in Doha in the first ... Read more...

Posted in Business |

Jet Airways reports rise in number of flyers


November 23rd, 2010 - 7:59 pm ICT by IANS
Mumbai, Nov 23 (IANS) Private air carrier Jet Airways reported an 18.1 percent rise in its international passenger numbers for the month of October, a statement said Tuesday."Strategic code-shares and innovative ... Read more...

Posted in Business |

Coromandel signs fertilizer deal with Shell Research


September 13th, 2010 - 4:16 pm ICT by IANS
New Delhi, Sep 13 (IANS) Coromandel International Monday said it has entered into a licence agreement with Shell Research, an affiliate of Royal Dutch Shell Plc, to manufacture sulphur enhanced fertilizers (SEF). ... Read more...

Posted in Business |

We won’t compromise on security, privacy: Blackberry (Lead)


August 3rd, 2010 - 12:45 pm ICT by IANS
By Gurmukh Singh Toronto, Aug 3 (IANS) BlackBerry maker Research in Motion (RIM) said here Monday that it would not compromise on security and privacy of its smart phones while responding to the ... Read more...

Posted in Business |

BlackBerry says it won’t compromise on security and priavacy


August 3rd, 2010 - 9:13 am ICT by IANS
By GurmukhSingh Toronto, Aug 3 (IANS) Responding to the ban on BlackBerry by the United Arab Emirates and Saud Arabia, device maker Research in Motion (RIM) said here Monday that it would not ... Read more...

Posted in Business |

Verizon announces increased revenues for the second quarter of 2010


July 24th, 2010 - 12:12 am ICT by BNO News
NEW YORK (BNO NEWS) – Verizon on Friday presented its reports for the second quarter of 2010, announcing a strong cash flow growth, improved margins for both its Wireless and Wireline business ... Read more...

Posted in Business |

Loyola College declared SIFE India National Champions, headed for SIFE World Cup in L.A


July 3rd, 2010 - 4:26 pm ICT by ANI
Mumbai,July 3 (ANI)-Business Wire India): Loyola College from Chennai was declared the national winners at the SIFE India National Championship 2010 for their project.The gala event was organized by the Students ... Read more...

Posted in Business |

Washington Times up for sale, financial troubles dictate the decision


May 1st, 2010 - 4:56 pm ICT by ANI
Washington, May 1 (ANI): Washington Times executives are in negotiations to sell the newspaper after founder Sun Myung Moon's family cut off most of its funding.The Myung Moon family financed the paper's ... Read more...

Posted in World |

IBS bags IT contract from Oman oil firm


December 5th, 2009 - 3:44 pm ICT by IANS
Thiruvananthapuram, Dec 5 (IANS) Kerala-based IBS Software has bagged a contract from oil exploration major Petroleum Development Oman (PDO) to provide IT solutions to streamline its logistics services. The IBS solutions will streamline ... Read more...

Posted in Business |

World Bank bars Siemens for fraud in Russian project


December 1st, 2009 - 1:29 pm ICT by IANS
Washington, Dec 1 (DPA) The World Bank has banned Limited Liability Company Siemens, a Russian subsidiary of Siemens AG, from participation in the agency's projects for four years. The action was taken Monday ... Read more...

Posted in Business |

The seven types of recession-era employees


November 12th, 2009 - 3:34 pm ICT by IANS
By Gurmukh Singh Toronto, Nov 12 (IANS) How has the global downturn affected employees' psyche?In an interesting categorisation of employees' behaviour in these recessionary times, Canada's world-famous Queen's School of Business at Kingston ... Read more...

Posted in Business |

Upbeat Deloitte to hire 15,000 people in India


November 10th, 2009 - 5:10 pm ICT by IANS
New Delhi, Nov 10 (IANS) Global business consultancy Deloitte is planning to hire 15,000 people in the country over the next two to three years, the company's top official said here Tuesday. "We ... Read more...

Posted in Business |

Chandigarh expecting big names at IT meet


August 25th, 2009 - 2:14 pm ICT by IANS
Chandigarh, Aug 25 (IANS) The administration here is expecting many leading personalities from the corporate sector in its two-day Information Technology (IT) conclave, 'e-Revolution 2009', that will be held here Sep 3 ... Read more...

Posted in Sci-Tech |

Tata Communications completes 6,700 km cable system with Tyco


August 18th, 2009 - 3:01 pm ICT by IANS
Mumbai, Aug 18 (IANS) The installation, testing and commissioning of the 6,700 km TGN-Intra Asia (TGN-IA) cable system was complete, telecom service provider Tata Communications and undersea communications technology leader Tyco Telecommunications ... Read more...

Posted in Business |

Syndicate Bank net profit zooms 198 percent


July 31st, 2009 - 9:04 pm ICT by IANS
Bangalore, July 31 (IANS) State-run Syndicate Bank posted a net profit of Rs.262 crore for the first quarter this fiscal, registering a whopping growth of 198 percent year-on-year from Rs.88 crore in ... Read more...

Posted in Business |

Airtel still in talks with South Africa’s MTN


July 23rd, 2009 - 6:58 pm ICT by IANS
New Delhi, July 23 (IANS) India's leading telecom operator Bharti Airtel is still in talks with South African telecom giant MTN for a possible merger, a top official said Thursday. "Talks ... Read more...

Posted in Business |

Coca-Cola sees 33 percent growth in India


July 21st, 2009 - 8:55 pm ICT by IANS
New Delhi, July 21 (IANS) Coca-Cola has registered a 33 percent growth in sales in India during the second quarter ended July 3, the soft drink major said Tuesday. Supported by the high ... Read more...

Posted in Business |

Lenovo wants to do a China in India


June 30th, 2009 - 6:34 pm ICT by IANS
New Delhi, June 30 (IANS) Personal computer (PC) manufacturer Lenovo, struggling at the fifth position among PC makers in India, is looking at emulating its China success in other emerging markets including ... Read more...

Posted in Business |

A S Murthy becomes new CEO of Satyam


February 5th, 2009 - 7:18 pm ICT by ANI
Hyderabad, Feb. 5 (ANI): A S Murthy was appointed as the new CEO of the Satyam Computer Services on Thursday after the besieged board of the IT company upgraded his profile ... Read more...

Posted in National |

Satyam chairman Ramalinga Raju resigns, admits financial wrong-doing


January 7th, 2009 - 3:28 pm ICT by ANI
Bangalore, Jan 7 (ANI): The Chairman of Satyam Computers, B Ramalinga Raju, today resigned after admitting to major financial wrong-doings. The resignation of Ramalinga Raju has come as a shock to ... Read more...

Posted in Business |

Murdoch launches Dow Jones index for India


August 4th, 2008 - 4:53 pm ICT by IANS
Mumbai, Aug 4 (IANS) News Corporation chairman and chief executive Rupert Murdoch, who last year acquired global business news and information services firm Dow Jones in a $5 billion buyout, launched the ... Read more...

Posted in Business |

Bra battle looming between Elle Macpherson, Jessica Simpson?


July 10th, 2008 - 5:39 pm ICT by ANI
Melbourne, July 10 (ANI): Supermodel Elle Macpherson is rolling up her sleeves stop her very lucrative lingerie label from being usurped by Jessica Simpson.Simpson recently announced that shes planning to launch ... Read more...

Posted in Life Style |

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