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Manthan gets $15-million second round venture funding

November 19th, 2009 - 11:25 pm ICT by IANS -
Bangalore, Nov 19 (IANS) Leading software product firm Manthan Systems secured $15 million from three venture capital partners in the second round (series b) of funding, the company said Thursday. Besides the two ...

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Cisco raises Tandberg offer to $3.41 bn

November 17th, 2009 - 5:38 am ICT by IANS -
San Francisco, Nov 17 (DPA) Networking giant Cisco Systems Monday raised its offer to buy Norwegian video communications company Tandberg by 11 percent - to $3.41 billion - after the company's previous ...

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Iberia, British Airways agree on merger

November 13th, 2009 - 6:04 am ICT by IANS -
Madrid, Nov 13 (EFE) Spain's largest airline Iberia and British Airways (BA) have agreed on a merger, the companies said in a joint statement Thursday. The deal will be completed in late 2010 ...

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New listing norms unveiled for small, medium companies

November 9th, 2009 - 8:05 pm ICT by IANS -
Mumbai, Nov 9 (IANS) The Securities and Exchange Board of India (SEBI), the country's markets watchdog, Monday notified new norms for listing and raising of funds by small and medium enterprises (SMEs) ...

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MoU with Bihar government was approved: IGNOU

November 6th, 2009 - 6:41 pm ICT by IANS -
New Delhi, Nov 6 (IANS) The Indira Gandhi National Open University (IGNOU) Friday clarified that an MoU signed with the Bihar government on training teachers and government officers was approved by the ...

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Small gains for US stocks as Fed keeps rates steady

November 5th, 2009 - 5:21 am ICT by IANS -
New York, Nov 5 (DPA) US stocks posted mild gains Wednesday as the Federal Reserve kept interest rates at their record low of close to 0 percent. The central bank signalled it would ...

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US Federal Reserve keeps interest rates at record low

November 5th, 2009 - 3:26 am ICT by IANS -
Washington, Nov 5 (DPA) The US Federal Reserve Wednesday kept interest rates at their historic low of near 0 percent as the world's largest economy embarks on a slow recovery from recession. The ...

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Web addresses become multilingual

October 30th, 2009 - 6:35 pm ICT by IANS -
Seoul, Oct 30 (DPA) Plans are in motion to create fully "internationalised" Web addresses - those completely in non-Latin scripts like Korean or Arabic, the Internet Corporation for Assigned Names and Numbers, ...

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IAEA experts end Iran inspection, arrive in Vienna

October 29th, 2009 - 2:28 pm ICT by IANS -
Vienna, Oct 29 (DPA) International Atomic Energy Agency (IAEA) inspectors arrived in Vienna from Tehran Thursday, an agency spokesman confirmed, after visiting a new nuclear site. The quartet of experts spent four days ...

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Neighbour sues Madge over loud music

Neighbour sues Madge over loud music

October 19th, 2009 - 2:27 pm ICT by ANI -
London, Oct 19 (ANI): Pop queen Madonna has been sued by her neighbour for turning her New York City home into a rehearsal space. According to the lawsuit filed Friday in Manhattan ...

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Cricket Australia re-appoints Hilditch as chairman of selectors

October 17th, 2009 - 2:15 pm ICT by ANI -
Melbourne, Oct 17 (ANI): Overlooking public sentiment, Cricket Australia has re-appointed unpopular chairman of selectors Andrew Hilditch for another two years. Hilditch, chairman of the panel since 2006 and a selector since 2000, ...

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Vikram Pandit and his Citi get good marks

October 8th, 2009 - 1:50 pm ICT by IANS -
By Arun Kumar Washington, Oct 8 (IANS) An outside review of Citigroup Inc.'s management team has concluded that it is generally in good shape and awarded strong overall marks in particular to the ...

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Kolkata firm to buy stake in Pyramid Saimira Productions

October 6th, 2009 - 3:08 pm ICT by IANS -
Chennai, Oct 6 (IANS) Kolkata-based Regent Finance Corp, part of the diversified RDB group, will acquire 40 percent stake in the cash-starved film and television serial production arm of Pyramid Saimira Productions ...

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Government-selected Satyam board gets Dataquest award

September 18th, 2009 - 2:08 pm ICT by IANS -
New Delhi, Sep 18 (IANS) The government-appointed board of scam-tainted Satyam Computer Services has been conferred the "Dataquest Person of the Year" award for its role in helping overcome the biggest corporate ...

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Morgan Stanley chief to step aside

Morgan Stanley chief to step aside

September 11th, 2009 - 10:42 am ICT by IANS -
New York, Sep 11 (DPA) Morgan Stanley investment bank chief John Mack will step aside at the end of the year, the company announced late Thursday in New York. The 64-year-old ...

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Mitsubishi resumes operations in Venezuela

September 9th, 2009 - 11:41 am ICT by IANS -
Caracas, Sep 9 (EFE) Mitsubishi Motors Corp. has said that it was reversing a decision to shut down its plant in the eastern Venezuelan city of Barcelona. "MMC Automotriz S.A. announces that starting ...

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Satyam founder Raju placed under medial observation for 48 hours

Satyam founder Raju placed under medial observation for 48 hours

September 8th, 2009 - 1:24 pm ICT by ANI -
Hyderabad, Sep 8 (ANI): Satyam Computers founder B Ramalinga Raju, who suffered a massive heart attack on Monday, has been put under observation for next 48 hours in the Intensive Care ...

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Now, ‘Music Therapy on Wheels’ for paediatric patients

September 3rd, 2009 - 2:32 pm ICT by ANI -
Washington, September 3 (ANI): Scientists have come up with a new mobile tool to deliver music therapy, and help paediatric patients cope with the fear, isolation and pain associated with being in ...

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IL&FS to be new promoters of Maytas Infra (Lead)

IL&FS to be new promoters of Maytas Infra (Lead)

August 31st, 2009 - 5:26 pm ICT by IANS -
New Delhi, Aug 31 (IANS) Infrastructure Leasing and Financial Services (IL&FS) will be the new promoter of Maytas Infra, the company founded by the family of scam-tainted B. Ramalinga Raju, Corporate ...

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Volkswagen to launch premium hatchback next year

August 28th, 2009 - 5:47 pm ICT by IANS -
New Delhi, Aug 28 (IANS) German car maker Volkswagen Friday said it would launch its premium hatchback Polo in India by early next year and that its sedan version would hit the ...

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HCL Tech reports 21 percent jump in first quarter revenues

August 25th, 2009 - 11:52 am ICT by IANS -
New Delhi, Aug 25 (IANS) Information technology major HCL Technologies Tuesday reported a 21-percent jump in revenues for the first quarter of this fiscal at $607 million -- a 7.6-percent in sequential ...

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GM board refuses to accept Canada’s Magna as Opel winner (Lead, changing dateline)

August 22nd, 2009 - 3:06 pm ICT by IANS -
By Gurmukh Singh Toronto, Aug 22 (IANS) General Motors Friday postponed its decision on whether Canada's Magna International was the winning bidder for its Opel brand. Magna, which is the world's third largest part ...

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ADB approves $100 mn loan for Mizoram

August 19th, 2009 - 2:41 pm ICT by IANS -
Aizawl, Aug 19 (IANS) The Asian Development Bank (ADB) will give a $100-million loan to India's northeastern state of Mizoram for strengthening service delivery in the social sector, officials said here Wednesday. "Under ...

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Hayden to join Cricket Australia board

August 11th, 2009 - 10:37 pm ICT by IANS -
Melbourne, Aug 11 (IANS) Former Australian opener Matthew Hayden is set to become a member of the board of Cricket Australia (CA), replacing former captain Allan Border who stepped down after seven ...

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Brooke Bond forays from tea to IT

August 11th, 2009 - 9:40 pm ICT by IANS -
New Delhi, Aug 11 (IANS) The government Tuesday approved Hindustan Unilever (HUL)-owned Brooke Bond's proposal to set up an infotech-related special economic zone (SEZ) spread over 11 hectares in Bangalore. The commerce ministry's ...

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Google boss resigns from Apple board

August 3rd, 2009 - 10:33 pm ICT by IANS -
San Francisco, Aug 3 (DPA) Google chief executive officer Eric Schmidt has resigned from the board of Apple because of potential conflicts of interest, Apple said in a statement Monday. The move comes ...

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Google CEO Eric Schmidt quits Apple board

Google CEO Eric Schmidt quits Apple board

August 3rd, 2009 - 8:57 pm ICT by John Le Fevre -
Eric Schmidt, chief executive of Google Inc., has resigned from the board of directors of Apple Inc., as the two companies continue to develop increasingly competitive products. Schmidt, joined a fledgling Google ...

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15 shows, 40 exhibitors at India’s first men’s fashion week

July 29th, 2009 - 8:26 pm ICT by IANS -
New Delhi, July 29 (IANS) Designers are queueing up to participate in the first Van Heusen India Men's Week (VHIMW) here in September that will feature as many as 15 shows and ...

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ICC, PCB chiefs report good progress on 2011 World Cup dispute talks

July 28th, 2009 - 7:17 pm ICT by ANI -
Dubai, July 28 (ANI): International Cricket Council (ICC) President David Morgan and Pakistan Cricket Board (PCB) Chairman Ijaz Butt reported "good progress" in a meeting to resolve the ongoing dispute between the ...

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GAIL approves pipeline projects worth $1.6 bn

July 27th, 2009 - 7:05 pm ICT by IANS -
New Delhi, July 27 (IANS) State-run gas transmission and marketing company GAIL India has approved pipeline projects worth more than Rs.8,000 crore (Rs.80 billion/$1.6 billion) to transport hydrocarbons, including an over-2,000 km ...

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