market segments

Volkswagen buys another 50.1 percent of Porsche for 4.46 bn euros


July 5th, 2012 - 7:01 pm ICT by IANS
Moscow, July 5 (IANS/RIA Novosti) German auto giant Volkswagen will buy another 50.1 percent of Porsche SE for 4.46 billion euros to complete its ownership of the sports car maker, ... Read more...

Posted in Business |

Usha Martin Q4 net dips almost 60 percent


May 10th, 2012 - 8:49 pm ICT by IANS
Kolkata, May 10 (IANS) Leading wire rope and specialty steel manufacturer Usha Martin Ltd Thursday reported a 58.75 percent dip in its consolidated net profit to Rs.14.91 crore for the ... Read more...

Posted in Uncategorized |

Business as usual for Indian companies in Maldives


February 12th, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 12 (IANS) It is business as usual for Indian companies and the economic interests of India are safe in the Maldives, wracked by political tumult and violence ... Read more...

Posted in Business |

India to play major role in Dell’s networking plans


September 13th, 2011 - 5:13 pm ICT by IANS
Chennai, Sep 13 (IANS) In its drive to become a total information technology (IT) solutions provider, the US-based computer hardware major Dell will double the headcount at its Force 10 ... Read more...

Posted in Business |

Polaris Software eyes $100 mn revenue by 2016


August 2nd, 2011 - 7:12 pm ICT by IANS
Chennai, Aug 2 (IANS) Financial technology company Polaris Software Lab Ltd. hopes to earn $100 million in five years by offering its core banking solution (CBS) and other software on ... Read more...

Posted in Business |

Bharti Airtel is not a price point player in 3G service


January 28th, 2011 - 4:03 pm ICT by IANS
Chennai, Jan 28 (IANS) Integrated mobile telephony major Bharti Airtel Ltd said Thursday that it is not a price point player though there may be price play in the company's strategy to ... Read more...

Posted in Business |

Indian mobile handsets market grows by 3.6 percent in Q3


December 29th, 2010 - 3:45 pm ICT by IANS
New Delhi, Dec 29 (IANS) The sales of mobile phones in India grew 3.6 percent to touch 40 million units during the quarter ended Sep 30, said a study by advisory firm ... Read more...

Posted in Business |

Hispanic and Asian buying power in US ‘will increase in next few years’


November 6th, 2010 - 3:35 pm ICT by ANI
Washington, Nov 6 (ANI): A new study has indicated that despite the recession, Hispanic and Asian buying power is expected to surge in U.S. in the next few years."Despite the recession, the ... Read more...

Posted in World |

Wipro recognised as first Bluetooth test facility in India


August 11th, 2010 - 12:14 am ICT by IANS
Bangalore, Aug 10 (IANS) Global software major Wipro Technologies has been recognised as India's first Bluetooth qualification test facility by the Bluetooth trade association, the IT bellwether said late Tuesday. Bluetooth is an ... Read more...

Posted in Business |

CME Group takes 90 percent stake in joint venture owning Dow Jones Indexes


February 11th, 2010 - 4:58 am ICT by BNO News
CHICAGO (BNO NEWS) -- CME Group on Wednesday said it has signed a definitive agreement with Dow Jones & Company to take a 90 percent ownership interest in a new joint venture ... Read more...

Posted in Business |

Reliance Insurance launches two new schemes


January 5th, 2010 - 11:12 pm ICT by IANS
Chandigarh, Jan 5 (IANS) In a bid to tap different market segments, Reliance Life Insurance Company (RLIC) announced the launch of two new products - Reliance Jan Samriddhi plan and Reliance traditional ... Read more...

Posted in Business |

Mobile handset sales up 6.7 percent


October 9th, 2009 - 3:41 pm ICT by IANS
New Delhi, Oct 9 (IANS) Mobile handset sales in India recorded a 6.7 percent increase to 100.9 million in the year ended June 30, as compared to 94.6 million the year before, ... Read more...

Posted in Business |

India to promote caravan, heliport tourism (Lead)


September 9th, 2009 - 6:32 pm ICT by IANS
New Delhi, Sep 9 (IANS) India will promote niche tourism like caravan and helicopter tourism with the aim of providing an "exciting" new face to the industry that has suffered from the ... Read more...

Posted in Business |

Government issues guidelines on niche tourism


September 9th, 2009 - 4:46 pm ICT by IANS
New Delhi, Sep 9 (IANS) To provide an "exciting" new face to tourism in India, the government Wednesday issued guidelines on "niche tourism products" like caravan and heliport tourism. Tourism Minister Kumari Selja, ... Read more...

Posted in Business |

Maruti Suzuki net profit up 25 percent


July 23rd, 2009 - 8:44 pm ICT by IANS
New Delhi, July 23 (IANS) Automobile major Maruti Suzuki Thursday reported a 25.3 percent increase in net profits to Rs.583.5 crore for the quarter ended June 30 compared to Rs.465.9 crore it ... Read more...

Posted in Business |

BlackBerry posts $643 mn profit


June 20th, 2009 - 9:47 am ICT by IANS
Toronto, June 20 (IANS) BlackBerry maker Research In Motion (RIM) has reported a profit of $643 million for the first quarter of the year, compared to $518.3 million posted during the previous ... Read more...

Posted in Business |

Bangalore software firm opens subsidiary in Dubai


March 4th, 2009 - 6:18 pm ICT by IANS
Bangalore, March 4 (IANS) The city-based IT solutions firm Sonata Software has set up a wholly-owned subsidiary at Dubai Internet City in the United Arab Emirates (UAE) as its regional hub for ... Read more...

Posted in Uncategorized |

Satyam acquires infrastructure firms for $1.6 bn


December 16th, 2008 - 8:58 pm ICT by IANS
Bangalore, Dec 16 (IANS) IT major Satyam Computer Services Tuesday announced the acquisition of two Hyderabad-based infrastructure sister firms - Maytas Properties and Maytas Infra - for $1.6 billion (Rs.79.2 billion).In a ... Read more...

Posted in Business |

Italian firm to invest euro 5.5 mn in Bangalore plant


November 20th, 2008 - 11:20 pm ICT by IANS
Bangalore, Nov 20 (IANS) Leading Italian integrated machines manufacturer Biesse group plans to invest euro 5.5 million (Rs.35 million) in capacity expansion of its plant here, the company said Thursday.“We will invest ... Read more...

Posted in Business |

Federal-Mogul to set up plant near Chennai


August 7th, 2008 - 11:12 pm ICT by IANS
Chennai, Aug 7 (IANS) The US-based Federal-Mogul Corp announced Thursday that it will set up a new facility near Chennai for manufacturing friction components for original equipment and after-market segments. The plant ... Read more...

Posted in Business |

DLF-Hilton announce seven new hotel projects in India


April 1st, 2008 - 10:02 pm ICT by admin
New Delhi, April 1 (IANS) DLF and Hilton Hotels Corporation in India announced Tuesday that they have signed management agreements involving seven new hotel developments in the pipeline. This marks the second ... Read more...

Posted in World |

Ramco to offer web-based software services to US customers


March 4th, 2008 - 6:59 pm ICT by admin
Chennai, March 4 (IANS) City-based Rs.2.66-billion Ramco Systems Ltd will offer its web-based enterprise resource planning (ERP) solutions in the US next fiscal, said a top official. "We are in the process ... Read more...

Posted in Business |

Intel designs new chips for low-cost computers


March 3rd, 2008 - 10:38 pm ICT by admin
Bangalore, March 3 (IANS) World's leading chipmaker Intel designed the smallest processor with tiny transistors for low-cost personal computers (PCs) and mobile internet devices (MIDs), the company said here Monday. Known as ... Read more...

Posted in Sci-Tech |

Kingfisher Airlines expands route network


November 26th, 2007 - 9:39 pm ICT by admin
New Delhi, Nov 26 (ANI-Business Wire India): Kingfisher Airlines today announced that it has further expanded its route network with the introduction of three new services and the addition of two new ... Read more...

Posted in Business |

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