Five Indian firms among world’s most innovative
September 7th, 2012 - 10:12 am ICT by IANS
Washington, Sep 7 (IANS) Five Indian companies including Larsen & Toubro, Hindustan Unilever and Infosys are ranked on Forbes magazine's list of "The World's Most Innovative Companies" topped by four ... Read more...
Posted in Business |
Spain shelves tax case against banking magnate
May 23rd, 2012 - 1:21 pm ICT by IANS
Madrid, May 23 (IANS/EFE) Emilio Botin, Spain's leading banker, will not face charges for tax evasion, the National Court decided after an 11-month-long investigation.The chairman of Banco Santander, his brother, ... Read more...
Posted in World |
FICCI calls for radical policy reforms in energy sector
May 7th, 2012 - 7:18 pm ICT by IANS
Hyderabad, May 7 (IANS) Voicing its concern over the emerging energy crisis in India, the Federation of Indian Chambers of Commerce and Industry (FICCI) Monday called for radical policy reforms ... Read more...
Posted in Uncategorized |
Spaniard one of world’s savviest bankers, says Fortune
March 24th, 2012 - 12:39 pm ICT by IANS
New York, March 24 (IANS/EFE) The chairman of Spain's Grupo Santander, Emilio Botin, is the subject of a glowing article in the latest issue of Fortune magazine, which describes the ... Read more...
Posted in World |
BSE launches green index for companies
February 22nd, 2012 - 9:53 pm ICT by IANS
Mumbai, Feb 22 (IANS) The Bombay Stock Exchange (BSE) Wednesday launched a new sectoral index - BSE-GREENEX - to measure the performance of companies in terms of carbon emissions and ... Read more...
Posted in Sci-Tech |
Fitch downgrades Spain’s four largest banks
February 14th, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 14 (IANS/EFE) Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders."Fitch believes there is a ... Read more...
Posted in Business |
China to launch CSI Consumer 360 Index
October 20th, 2011 - 2:11 pm ICT by IANS
Beijing, Oct 20 (IANS) China Securities Index Co Ltd (CSI) Thursday announced the launch on Nov 11 of the CSI Consumer 360 Index, said the China Securities Journal.The index is ... Read more...
Posted in Business |
Started with borrowed money, Apple becomes world’s No. 1 company
August 11th, 2011 - 10:47 am ICT by IANS
New York, Aug 11 (IANS) From a start-up launched with borrowed money to becoming the world's most valuable company, Apple has come a long way.
The Cupertino-based technology giant Wednesday surpassed ... Read more...
Posted in Business |
Apple topples Google as top global brand
May 10th, 2011 - 12:50 pm ICT by IANS
New York, May 10 (IANS)The iPad craze has catapulted Apple to the world's most valuable brand, toppling Google, according a study of the global brands Monday.Facebook is the world's ... Read more...
Posted in Sci-Tech |
Spanish firm files for delisting from New York Stock Exchange
February 24th, 2011 - 12:21 pm ICT by IANS
Washington, Feb 24 (IANS/EFE) Spanish energy company Repsol-YPF officially informed the US Securities and Exchange Commission (SEC) of its decision to delist from the New York Stock Exchange, where its shares had ... Read more...
Posted in Business |
Toronto, London stock exchanges to merge to form new global giant
February 9th, 2011 - 10:54 am ICT by IANS
By Gurmukh Singh
Toronto, Feb 9 (IANS) The Toronto Stock Exchange, the third largest in North America, is set to merge with the London Stock Exchange to create a new global mega bourse.The ... Read more...
Posted in Business |
Business jets make a dash for Vibrant Gujarat (Diary)
January 12th, 2011 - 3:22 pm ICT by IANS
By Arvind Padmanabhan
Gandhinagar, Jan 12 (IANS) Some 35 business jets and choppers ferrying the country's top industrialists and political leaders have descended at Ahmedabad for the Vibrant Gujarat two-day biennial conclave ... Read more...
Posted in Business |
Steve Jobs’s Salary Was $1 In 2010!
January 9th, 2011 - 8:52 pm ICT by GD
By Ranjan Bhaduri
Jan 9, (THAINDIAN NEWS) Steve Jobs runs the technology company that is rated as one of the best ones in the world but what may surprise many is the fact ... Read more...
Posted in Technology Industry News |
Axis Bank set to open 100 new rural branches
November 22nd, 2010 - 9:31 pm ICT by IANS
Rajula (Gujarat), Nov 22 (IANS) Axis Bank, India's third largest private bank, is set to open 100 new branches across the country under it's rural banking strategy, an official said Monday.Shriniwas Dandekar, ... Read more...
Posted in Business |
Anil Ambani mulls public issue, commercial bank for group firms (Roundup)
September 28th, 2010 - 6:25 pm ICT by IANS
Mumbai, Sep 28 (IANS) A public issue, entry in commercial banking and sale of strategic stake to an investor were among a slew of proposals unveiled by the Reliance Anil Dhirubhai Group ... Read more...
Posted in Business |
China, India tie for top place on Forbes Asia’s Fab 50 list
September 16th, 2010 - 12:57 pm ICT by ANI
Singapore, Sept.16 (ANI): Asia's economic powerhouses China and India have tied for top place with the most number of firms on Forbes Asia's Fab 50 List, an annual roster of the best ... Read more...
Posted in National |
Allegiant Air Is All Set To Add 16 Seats In Its Airplanes
September 14th, 2010 - 8:03 pm ICT by GD
By Gina Gomez
Sep 14, (THAINDIAN NEWS) The American low cost airline Allegiant Air recently made an announcement where the officials said that they will add 16 more seats to its MD-80 airplanes. ... Read more...
Posted in Business |
Canara Robeco unveils open-end equity scheme
June 28th, 2010 - 9:11 pm ICT by IANS
Bangalore, June 28 (IANS) Canara Robeco Asset Management Ltd, a joint venture between state-run Canara Bank and Rabobank's Robeco, launched an open-end equity scheme christened Canara Robeco Large Cap + Fund, the ... Read more...
Posted in Business |
BP oil disaster threatens goods and services worth far more than BP’s value - Study
June 10th, 2010 - 10:30 pm ICT by BNO News
BATON ROUGE, LOUISIANA (BNO NEWS) - The BP oil disaster, hurricanes and wetlands loss threaten a net value of $330 billion to $1.3 trillion in natural system goods and services, according to ... Read more...
Posted in Environment |
Microsoft unmoved by market value result
May 27th, 2010 - 9:12 pm ICT by ANI
New Delhi, May 27 (ANI): The Chief Executive Officer of Microsoft, Steve Ballmer, on Thursday shrugged off being surpassed by a rival brand as the world's biggest technology firm in terms of ... Read more...
Posted in Business |
Apple surpasses Microsoft as most valuable technology company
May 27th, 2010 - 11:09 am ICT by ANI
New York, May 27 (ANI): Apple, the maker of iPods, iPhones and iPads, overtook Microsoft, the computer software giant, on Wednesday to become the world's most valuable technology company.According to a New ... Read more...
Posted in Business |
World’s mining sector is back to booming
May 26th, 2010 - 1:33 pm ICT by IANS
Toronto, May 26 (IANS) The world's mining sector is back to booming, according to a report by PricewaterhouseCoopers (PwC) here Tuesday. The annual report, Mine: Back to the Boom, on the ... Read more...
Posted in Business |
Merck to pay $12.15 million in the Vioxx cases
February 11th, 2010 - 9:04 pm ICT by Aishwarya Bhatt
New York City, Feb 11 (THAINDIAN NEWS) Merck has agreed to pay a whooping $12.15 million to settle the Vioxx lawsuits. The agreement to pay $12.15 million, is still awaiting the ... Read more...
Posted in Business |
Bank of America website is down
January 30th, 2010 - 2:35 am ICT by Aishwarya Bhatt
New York, Jan 29 (THAINDIAN NEWS) The website for Bank of America has been down since morning. The URL of the website is https://www.bankofamerica.com and it isn’t working at all today. ... Read more...
Posted in Business |
Reliance Infrastructure signs pact for $2.2-bn Mumbai Metro-II
January 21st, 2010 - 5:08 pm ICT by IANS
Mumbai, Jan 21 (IANS) A consortium led by Reliance Infrastructure, a part of the Anil Dhirubhai Ambani Group, has signed an agreement with the Maharashtra government for the $2.2-billion second Metro ... Read more...
Posted in Business |
Credit Suisse to pay $536 mn for violating sanctions
December 17th, 2009 - 8:59 am ICT by IANS
Washington, Dec 17 (DPA) Credit Suisse AG has agreed to pay $536 million in settlement claims for financial misconduct by processing payments that let Iran, Libya and other nations gain access to ... Read more...
Posted in Business |
Nokia to bid for Nortel assets
November 22nd, 2009 - 3:31 pm ICT by IANS
Toronto, Nov 22 (IANS) Dying Canadian telecom giant Nortel has put up its optical networking and carrier ethernet business for auction.
Toronto-based Nortel has been selling its businesses bit by bit to pay ... Read more...
Posted in Business |
Birla Sun Life Insurance introduces Super 20 Fund
July 14th, 2009 - 5:12 am ICT by Sampurn Wire
A unique blue-chip fund that invests in fundamentally strong and liquid large-cap stocksBirla Sun Life Insurance (BSLI), one of India's leading life insurance companies and pioneer of Unit Linked Life Insurance plans ... Read more...
Posted in Entertainment |
An Indian who made it globally - Nandan Nilekani
March 19th, 2009 - 4:52 pm ICT by GD
There are very few gems who excel in their field and make a name for themselves worldwide. Nandan Nilekani is one such gem from India. Currently the CEO and Managing Director ... Read more...
Posted in Business |
Mukesh Ambani replaces LN Mittal as richest Indian
November 13th, 2008 - 2:11 pm ICT by ANI
New Delhi, Nov 13 (ANI): Mukesh Ambani has replaced steel magnate Lakshmi Niwas Mittal as the richest Indian in the world, according to the latest Forbes annual rich list for the ... Read more...
Posted in National |
Two Brazil banks merge to be among world’s top 20
November 4th, 2008 - 2:45 pm ICT by IANS
Rio de Janeiro, Nov 4 (IANS) Two of Brazil's top three banks have announced their merger to create Latin America's biggest financial institution - and one of the world's top 20, EFE ... Read more...
Posted in Uncategorized |
Technology helped stock markets function despite violence in Mumbai
October 21st, 2008 - 7:41 pm ICT by IANS
Mumbai, Oct 21 (IANS) Satellite-based communications technology helped Indian stock markets to remain functional Tuesday despite large-scale violence across the country's commercial capital, following the arrest of a state-level politician.The supporters of ... Read more...
Posted in Uncategorized |
Equity markets end week with big losses (Weekly Market Review)
September 6th, 2008 - 3:19 pm ICT by IANS
Mumbai, Sep 6 (IANS) Indian equity markets had a poor week despite a good start, thanks to weak global markets. The markets ended in the red in three out of four trading ... Read more...
Posted in Uncategorized |
Equity markets post gains for the week (Weekly Market Roundup)
August 30th, 2008 - 2:30 pm ICT by IANS
Mumbai, Aug 30 (IANS) Indian equity markets registered gains for the week, piggybacking on the decline in inflation rate and strong global markets. Out of five trading sessions, three ended positive.Inflation based ... Read more...
Posted in Uncategorized |
Chinese stocks surge on talk of government support
August 20th, 2008 - 6:35 pm ICT by IANS
Beijing, Aug 20 (Xinhua) Chinese shares surged more than seven percent Wednesday, making their largest one-day gain in four months, amid speculation that the government would act to support the market and ... Read more...
Posted in World |