growth strategy

Car pools offset spiralling fuel costs


September 17th, 2012 - 11:04 pm ICT by IANS
Toronto, Sep 17 (IANS) When it comes to something as personal and expensive as a car, sharing is not easy. But due to spiralling fuel costs, global warming and overcrowded ... Read more...

Posted in Environment |

Audi to build $1.3 bn plant in Mexico


September 7th, 2012 - 12:02 pm ICT by IANS
Mexico City, Sep 7 (IANS/EFE) German luxury automaker Audi plans to build a $1.3 billion plant in the Mexican state of Puebla that will be the company's first production facility ... Read more...

Posted in Business |

4.5 mn jobs at risk in eurozone in four years: UN


July 12th, 2012 - 1:10 pm ICT by IANS
New York, July 12 (IANS/AKI) The 17-nation eurozone faces a further loss of 4.5 million jobs, prolonged recession and social unrest over the next four years, the UN has warned ... Read more...

Posted in Business |

Mahindra Satyam net profit at Rs.534 crore


May 17th, 2012 - 9:10 pm ICT by IANS
New Delhi, May 17 (IANS) Leading IT service provider Mahindra Satyam Thursday posted a consolidated net profit of Rs.534 crore for the quarter ended March 31.The firm had posted a ... Read more...

Posted in Business |

Emirates Islamic Bank profits up


May 2nd, 2012 - 1:04 am ICT by IANS
Dubai, May 1 (IANS/WAM) The Emirates Islamic Bank announced Tuesday that its operating profits rose to 138 million dirhams (about $16 million) at the close of the first quarter of ... 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 |

Nigerian bank deploys Infosys’ Finacle software


April 16th, 2012 - 7:16 pm ICT by IANS
Bangalore, April 16 (IANS) Nigeria's oldest bank Wema Bank plc has deployed Indian IT bellwether Infosys Ltd's software product Finacle to offer core banking, retail e-banking and treasury services to ... Read more...

Posted in Sci-Tech |

US should be careful of certain budget cuts: Official


April 5th, 2012 - 2:01 pm ICT by IANS
Chicago, April 5 (IANS) US Secretary of the Treasury Timothy Geithner said Wednesday that despite a recovering economy, America should be wary of cutting budget too much, in particular in ... Read more...

Posted in Business |

Facebook sees India among key growth areas


February 3rd, 2012 - 12:38 pm ICT by IANS
Washington, Feb 3 (IANS) Popular social network site Facebook, which hopes to raise at least $5 billion in one of the world's most widely anticipated IPOs, or initial public ... Read more...

Posted in Sci-Tech |

No free lunch: Pakistani daily on $5.5 bn aid


December 26th, 2011 - 1:36 pm ICT by IANS
Islamabad, Dec 26 (IANS) There is no such thing as a free lunch, a leading Pakistani daily said Monday on the $5.5 billion development aid granted by the World Bank.The ... Read more...

Posted in Business |

World Bank to give Pakistan $5.5 bn over next 3 years


December 23rd, 2011 - 2:07 pm ICT by IANS
Islamabad, Dec 23 (IANS) The World Bank will continue to support Pakistan's poverty reduction and development agenda with an expected assistance of up to $5.5 billion over the fiscal year ... Read more...

Posted in Business |

Wipro leading IT service provider in Saudi Arabia


December 5th, 2011 - 10:44 pm ICT by IANS
Bangalore, Dec 5 (IANS) Global software major Wipro has emerged as a leading IT service provider in Saudi Arabia with a commanding position in the kingdom, the IT bellwether said ... Read more...

Posted in Uncategorized |

GTN to invest Rs.200 million in apparel market


November 22nd, 2011 - 9:36 pm ICT by IANS
Hyderabad, Nov 22 (IANS) GTN Industries Group, an integrated yarns, fabrics and apparels group, Tuesday announced that it would invest Rs.200 million in its mercerized cotton garment facilities to boost ... Read more...

Posted in Business |

Leyland-Deere to enter wheel-loader segment in 2013


November 22nd, 2011 - 6:42 pm ICT by IANS
Chennai, Nov 22 (IANS) Construction equipment manufacturer Ashok Leyland John Deere Construction Equipment Company Pvt Ltd plans to enter the wheel-loader segment in 2013 after the launch of its backhoe ... Read more...

Posted in Business |

Airbus bags order for 50 planes


November 15th, 2011 - 7:48 am ICT by IANS
Dubai, Nov 15 (IANS) The Airbus has bagged a contract to supply 50 A320neo aircraft to the Kuwait-based Alafco finance company on the second day of the Dubai Airshow.Alafco (Aviation ... Read more...

Posted in Business |

Skoda starts production of entry-level sedan Rapid


October 7th, 2011 - 7:18 pm ICT by IANS
New Delhi, Oct 7 (IANS) Vokswagen Group company SkodaAuto Friday began production of its entry level sedan - Rapid - at its Chakan plant near Pune."Today is the official start ... Read more...

Posted in Uncategorized |

Pakistan’s economic growth strategy criticised


October 7th, 2011 - 1:56 pm ICT by IANS
Islamabad, Oct 7 (IANS) Pakistan's strategy for achieving higher growth has come in for criticism from experts.Participants at a consultation on economic growth Thursday in Peshawar expressed doubts on the ... Read more...

Posted in South Asia |

Kolkata, Ranchi and Port Blair on Go-Air network soon


September 29th, 2011 - 6:25 pm ICT by IANS
Kolkata, Sep 29 (IANS) Low-fare domestic airline GoAir will add Kolkata, Port Blair and Ranchi to its network from Oct 8, with daily flights to various destinations, a company spokesman ... Read more...

Posted in Business |

Saudi auto finance firm selects Nucleus Software product


September 13th, 2011 - 8:16 pm ICT by IANS
Bangalore, Sep 13 (IANS) Saudi Arabia's auto finance major Aqsat International Trading has selected software products and services of Nucleus Software Exports Ltd for automating its business operations and reduce ... Read more...

Posted in Business |

French design school Lisaa opens first branch in India


July 22nd, 2011 - 9:32 pm ICT by IANS
New Delhi, July 22 (IANS) Lisaa School of Design, a Paris-based premier design school, has opened its first Indian branch in the Gurgaon suburb of the national capital and 50 ... Read more...

Posted in Life Style |

NTPC commissions 660 MW supercritical unit in Chhattisgarh


June 28th, 2011 - 10:27 pm ICT by IANS
New Delhi, June 28 (IANS) State-run thermal power generation company NTPC Tuesday commissioned its new 660 MW supercritical power unit, which it says is more efficient and environment friendly, at ... Read more...

Posted in Business |

Pakistan expecting $981mn US disbursement by June


April 27th, 2011 - 11:36 am ICT by ANI
Islamabad, April 27(ANI): Pakistan is expecting a disbursement of 981 million dollars by the United States by June under the coalition support fund and the Kerry-Lugar-Berman Act.Speaking at a news conference, Pakistan ... Read more...

Posted in South Asia |

Air France becomes first European airline to offer flights to Cambodia


March 31st, 2011 - 8:31 pm ICT by BNO News
PARIS (BNO NEWS) -- After a 37 years absence, Air France is once again offering scheduled flights between Paris and Cambodia. It makes Air France the only European airline to operate flights ... Read more...

Posted in Business |

India second in terms of manufacturing competitiveness: Anand Sharma


March 17th, 2011 - 5:45 pm ICT by ANI
New Delhi, Mar 17 (ANI): Union Commerce Minister Anand Sharma today said that in terms of manufacturing competitiveness, India ranked second in the world.Addressing at the first Green Manufacturing Summit here, ... Read more...

Posted in National |

Agriculture reform at heart of Pranab’s budget


February 28th, 2011 - 6:18 pm ICT by IANS
New Delhi, Feb 28 (IANS) Laying stress on agriculture, central to the country's growth, the government Monday announced a slew of measures, including Rs.1 lakh crore more farm credit at subsidised ... Read more...

Posted in Business |

Green policy should not slow growth: Economic Survey (Lead)


February 25th, 2011 - 9:30 pm ICT by IANS
New Delhi, Feb 25 (IANS) The Economic Survey released Friday called for careful planning and customised policies to ensure that green growth strategies do not result in slow growth rate. The survey, ... Read more...

Posted in Environment |

Green growth should not result in slow growth: Economic Survey


February 25th, 2011 - 5:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) The Economic Survey released Friday has called for careful planning and customised policies to ensure that green growth strategies do not result in slow growth.The survey tabled ... Read more...

Posted in Environment |

Green growth should not result in slow growth cautions economic survey


February 25th, 2011 - 4:56 pm ICT by ANI
New Delhi, Feb.25 (ANI): In The Economic Survey tabled him in Lok Sabha today, by Finance Minister Pranab Mukherjee cautions that "green growth should not result in slow growth."The Survey observes ... Read more...

Posted in Business |

IndiGo to fly to Coimbatore from Nov 30


November 19th, 2010 - 9:00 pm ICT by IANS
New Delhi, Nov 19 (IANS) Terming Coimbatore in Tamil Nadu as a key market, low-cost airline IndiGo Friday said it will start flight services connecting the national capital as well as Chennai ... Read more...

Posted in Business |

Audi’s September sales zoom 47 percent


October 9th, 2010 - 6:22 pm ICT by IANS
New Delhi, Oct 9 (IANS) German luxury car manufacturer Audi's Indian subsidiary Saturday said that its sales in September grew at 302 cars as against 205 cars in the same period last ... Read more...

Posted in Business |

Etihad extends codeshare pact with Moroccan airline


September 26th, 2010 - 11:33 pm ICT by IANS
Abu Dhabi, Sep 26 (IANS/WAM) Etihad Airways will extend its codeshare agreement with state-run Moroccan airline Royal Air Maroc to give its customers access to more destinations in Morocco and West Africa. The ... Read more...

Posted in Business |

Volkswagen to build new engine plant in Mexico


September 23rd, 2010 - 11:52 am ICT by IANS
Mexico City, Sep 23 (IANS/EFE) German automaker Volkswagen said Wednesday it plans to build a $550 million plant with annual production capacity of 330,000 engines in the central Mexican state of Guanajuato. During ... Read more...

Posted in Business |

Orient Ceramics acquires 63 percent stake in Bell Ceramics


September 22nd, 2010 - 9:08 pm ICT by IANS
New Delhi, Sep 22 (IANS) Tiles manufacturing major Orient Ceramics and Industries (OCIL) Wednesday said it has acquired a 63 percent stake in Bell Ceramics in a deal worth Rs.15.8 crore. The company ... Read more...

Posted in Business |

Rishad Premji to shape Wipro’s future growth strategy


September 2nd, 2010 - 6:43 pm ICT by IANS
Bangalore, Sep 2 (IANS) Rishad Premji, heir apparent to India's IT czar Azim Premji, will shape the future growth strategy of Wipro's gobal IT business, a senior company official said Thursday. "As the ... Read more...

Posted in Business |

GoAir to fly to Patna, Pune, Leh and Lucknow from Delhi


August 30th, 2010 - 7:59 pm ICT by IANS
New Delhi, Aug 30 (IANS) Budget airline GoAir Monday said it is adding four new destinations-- Patna, Pune, Leh and Lucknow-- to its existing flight schedule from the national capital. The services ... Read more...

Posted in Business |

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