profitable growth

Insurance industry need to innovate, simplify products: Study


August 5th, 2012 - 8:14 pm ICT by IANS
New Delhi, Aug 5 (IANS) India's insurance industry needs to innovate, simplify products and build trust amongst the customers through effective distribution claims management in order to ensure growth in ... Read more...

Posted in Business |

Nokia to close facilities, cut up to 10,000 jobs worldwide


June 15th, 2012 - 6:15 pm ICT by BNO News
ESPOO, FINLAND (BNO NEWS) -- Nokia, the world's largest manufacturer of mobile phones, on Thursday said it will cut up to 10,000 jobs worldwide over the next year and close a number ... Read more...

Posted in Technology Industry News |

Subex bags deal from West Asian mobile operator


March 6th, 2012 - 9:41 pm ICT by IANS
Bangalore, March 6 (IANS) Indian telecom software provider Subex Ltd won a multi-million dollar contract from a leading mobile operator in West Asia for installing its fraud management and revenue ... Read more...

Posted in Business |

Dabur India Q2 net profit rises 8.42 percent


October 31st, 2011 - 5:08 pm ICT by IANS
New Delhi, Oct 31 (IANS) Dabur India Monday reported an increase 8.42 percent in net profit at Rs.173.86 crore for the quarter ended Sep 30 owing to the strong growth ... Read more...

Posted in Uncategorized |

Airline industry to post $6.9 bn profit: IATA


September 20th, 2011 - 5:06 pm ICT by IANS
New Delhi, Sep 20 (IANS) The international airlines association Tuesday hiked the industry's profit levels in the current year to $6.9 billion from the $4 billion it had projected earlier, ... Read more...

Posted in Uncategorized |

Thai Airways orders six Boeing 777s in deal valued at $1.7 billion


August 19th, 2011 - 5:12 pm ICT by BNO News
SEATTLE (BNO NEWS) -- Thai Airways International (THAI) has finalized a firm order for six Boeing 777-300 Extended Range (ER) airplanes, the aircraft manufacturer confirmed.Boeing said the order completes an agreement with ... Read more...

Posted in Thailand |

Britannia to foray into diabetic-friendly products


August 6th, 2011 - 11:16 pm ICT by IANS
Kolkata, Aug 6 (IANS) Fast Moving Consumer Goods (FCMG) major Britannia Saturday said it would venture into diabetic-friendly products and set up several greenfield bakery factories including in Bihar, Orissa ... Read more...

Posted in Business |

Godrej Consumer Products buys majority stake in African hair care firm


June 1st, 2011 - 5:52 pm ICT by IANS
New Delhi, June 1 (IANS) FMCG major Godrej Consumer Products Ltd (GCPL) Wednesday said it has acquired a 51 percent stake in African hair care product company -- Darling ... Read more...

Posted in Business |

Polaris Software proposes 90 percent dividend payout


April 28th, 2011 - 8:40 pm ICT by IANS
Chennai, April 28 (IANS) Banking, financial services and insurance (BFSI) software development and services firm Polaris Software Lab Ltd's board Thursday recommended a dividend of Rs.4.50 per share (90 percent) ... Read more...

Posted in Business |

Nestle India quarterly net profit up 26.7 percent


April 21st, 2011 - 9:52 pm ICT by IANS
New Delhi, April 21 (IANS) Fast moving consumer goods (FMCG) firm Nestle India Thursday posted a 26.7 percent rise in its net profit for the quarter ended March 31, which ... Read more...

Posted in Business |

K.K. Modi Group sets up new management entities


April 14th, 2011 - 5:52 pm ICT by IANS
New Delhi, April 14 (IANS) The diversified Rs.2,500-crore ($555.55 million) K.K. Modi Group said Thursday it has set up a new corporate centre and a family council with the aim ... Read more...

Posted in Business |

BOC Aviation orders eight Boeing 777-300ERs to lease them to Thai Airways International


November 3rd, 2010 - 2:09 am ICT by BNO News
SEATTLE (BNO NEWS) -- The Boeing Company on Tuesday announced an order for eight 777-300ERs (extended range) from leasing company BOC Aviation.Boeing said that BOC Aviation plans to lease the 777-300ERs airplanes ... Read more...

Posted in Thailand |

Shriram Life to target high networth individuals


June 16th, 2010 - 7:43 pm ICT by IANS
Chennai, June 16 (IANS) After three years of profitable growth, private life insurer Shriram Life Insurance is setting up a new distribution channel to target high networth individuals (HNIs). The new channel, called ... Read more...

Posted in Business |

Electronics major Thales’ revenues at 12,881 mn euros in 2009


February 19th, 2010 - 9:47 pm ICT by IANS
Neuilly-sur-Seine (France), Feb 19 (IANS) French electronics major Thales Friday reported revenues of 12,881 euros in 2009, an organic growth of two percent. At its board meeting here, the company ... Read more...

Posted in Business |

Reliance BigTV, Indiagames to introduce DTH Games


January 15th, 2010 - 5:25 pm ICT by IANS
New Delhi, Jan 15 (IANS) Reliance Big TV, the Direct-To-Home (DTH) arm of Reliance Communications, and UTV subsidiary Indiagames have tied up to introduce DTH Gaming services in India. Called iGames, the ... Read more...

Posted in Entertainment |

Thales aims at 1.3 bn euros productivity increase


December 11th, 2009 - 9:44 pm ICT by IANS
Paris, Dec 11 (IANS) European aerospace and electronics giant Thales has unveiled an action plan to increase productivity by 1.3 billion euros in five years to bring its operational performance closer to ... Read more...

Posted in Business |

Mallya ties up with Dutch brewer Heineken in India


December 7th, 2009 - 8:04 pm ICT by IANS
Bangalore, Dec 7 (IANS) Liquor baron and chairman of UB Group Vijay Mallya Monday entered into a strategic alliance with leading Dutch brewer Heineken NV to distribute its beer in India. As per ... Read more...

Posted in Business |

Bharti Axa General resets its business focus on villages


October 8th, 2009 - 9:23 pm ICT by IANS
Chennai, Oct 8 (IANS) Private non-life insurer Bharti Axa General Insurance Company Ltd has decided to focus on personal lines of business, targeting people in rural and semi-urban areas, instead of its ... Read more...

Posted in Business |

Vedanta H1 profits fall by 24.7 percent


November 6th, 2008 - 11:11 pm ICT by IANS
London, Nov 6 (IANS) Mining giant Vedanta Resources announced cuts in planned spending after posting a 24.7 percent first-half drop in profits Thursday.The India-focused company said profits for the period ended Sep ... Read more...

Posted in Business |

Canara HSBC Life charts new path to quick profits


September 12th, 2008 - 5:45 pm ICT by IANS
Chennai, Sep 12 (IANS) Upbeat after earning Rs.374 million in just three months from only two insurance products with average premium of Rs.111,144 per policy, private life insurer Canara HSBC Oriental Bank ... Read more...

Posted in Uncategorized |

TCS plans new centres in Abu Dhabi, Egypt, Oman (Gulf Business Capsule)


April 28th, 2008 - 6:11 pm ICT by admin
Dubai, April 28 (IANS) Leading Indian IT services provider Tata Consultancy Services (TCS) is planning to open new centres in the United Arab Emirates (UAE) capital Abu Dhabi, Egypt and Oman in ... Read more...

Posted in World |

TCS to help small businesses scale up operations


March 5th, 2008 - 7:57 pm ICT by admin
Mumbai, March 5 (IANS) IT major Tata Consultancy Services Ltd (TCS) has launched a strategic business unit to provide customised business solutions to small and medium business (SMB) units to scale up ... Read more...

Posted in Sci-Tech |

Nestle India registers soaring profits


March 5th, 2008 - 12:29 am ICT by admin
New Delhi, March 4 (IANS) Swiss food giant Nestle India's Tuesday reported profits of Rs.936.1 million ($23 million) during the quarter ending Dec 31, 2007 compared to Rs.624.6 million in the same ... Read more...

Posted in Business |

Aditya Birla Nuvo reports net profit of Rs. 47.8 Cr. for second quarter


November 14th, 2007 - 8:12 am ICT by admin
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Posted in Business |

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