ONGC’s third quarter net profit down five percent
February 8th, 2012 - 8:14 pm ICT by IANS
Mumbai, Feb 8 (IANS) Oil and Natural Gas Corporation (ONGC) Wednesday reported a 4.82 percent decline in its net profit for the quarter ended Dec 31, 2011 at Rs.6,741.41 crore ... Read more...
Posted in Business |
Infosys swaps global business heads
February 3rd, 2012 - 6:56 pm ICT by IANS
Bangalore, Feb 3 (IANS) Global software major Infosys swapped leadership positions in financial services and manufacturing business to enhance client servicing and broaden their experience, the IT bellwether said Friday.Global ... Read more...
Posted in Sci-Tech |
Air India to change menu for short flights
January 31st, 2012 - 10:40 pm ICT by IANS
New Delhi, Jan 31 (IANS) National carrier Air India Tuesday said it will revise its on-board catering menu in the economy class section of short-haul domestic flights effective Feb 1."For ... Read more...
Posted in Business |
City Union Bank to come out with rights issue
January 31st, 2012 - 7:46 pm ICT by IANS
Chennai, Jan 31 (IANS) Private sector City Union Bank has initiated the process of coming out with a rights issue in six months' time to beef up its net worth, ... Read more...
Posted in Business |
NTPC’s third quarter net falls 10.16 percent
January 27th, 2012 - 7:04 pm ICT by IANS
Mumbai, Jan 27 (IANS) Electricity generation public sector company NTPC Friday reported a 10.16 percent decline in its net profit for the third quarter of the current fiscal at Rs.2,130.39 ... Read more...
Posted in Business |
Indian Angel Network to invest Rs.3.25 crore in Peel-Works
January 27th, 2012 - 5:33 pm ICT by IANS
New Delhi, Jan 27 (IANS) Venture capital firm Indian Angel Network (IAN) Friday said it will invest up to Rs.3.25 crore in Peel-Works, a sales manpower transformation and business process ... Read more...
Posted in Business |
Bill Gates contributes $750 million to global AIDS fund
January 26th, 2012 - 7:59 pm ICT by BNO News
DAVOS, SWITZERLAND (BNO NEWS) -- U.S. billionaire and Microsoft co-founder Bill Gates on Thursday announced his foundation will give $750 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria after ... Read more...
Posted in Technology Industry News |
Flamengo’s fans frustrated with Libertadores loss
January 26th, 2012 - 4:24 pm ICT by IANS
Rio de Janeiro, Jan 26 (IANS) Brazilian club Flamengo's fans were left disappointed after a 1-2 loss to Bolivia's Real Potosi in the first leg match in the qualifying round ... Read more...
Posted in Uncategorized |
Yahoo names new CEO (Lead)
January 5th, 2012 - 6:37 am ICT by IANS
Washington, Jan 5 (IANS) Yahoo has named Scott Thompson, former president of online payment service PayPal, as its new chief executive officer.Wednesday's announcement ended the internet company's four-month search for ... Read more...
Posted in World |
Yahoo names new CEO
January 5th, 2012 - 5:06 am ICT by IANS
Washington, Jan 5 (IANS) Yahoo has named Scott Thompson, former president of online payment service PayPal, as its new chief executive officer.Wednesday's announcement ended the internet company's four-month search for ... Read more...
Posted in World |
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 |
Yahoo considers selling Asian assets: Report
December 22nd, 2011 - 2:14 pm ICT by IANS
San Francisco, Dec 22 (IANS) Yahoo's board is expected to meet Thursday to discuss selling its holdings in China's Alibaba Group and its Japanese affiliate back to their majority owners ... Read more...
Posted in Sci-Tech |
Tata mulling coal-based ventures in Bangladesh: Industry body
December 17th, 2011 - 9:56 pm ICT by IANS
Kolkata, Dec 17 (IANS) Describing Bangladesh as an attractive investment destination, the India-Bangladesh Chamber of Commerce and Industry (IBCCI) Saturday said salt-to-software conglomerate Tata Group, whose earlier proposed $2-billion project ... Read more...
Posted in Business |
Our two members on hospital board only attended meetings: Bengal
December 11th, 2011 - 1:08 am ICT by IANS
Kolkata, Dec 10 (IANS) The West Bengal government Saturday denied it was shirking responsibility in the AMRI hospital fire, saying the two state representatives in the hospital's board of directors ... Read more...
Posted in Business |
Delta acquires minority stake in Brazilian airline
December 8th, 2011 - 12:14 pm ICT by IANS
Sao Paulo, Dec 8 (IANS/EFE) Delta Air Lines will pay $100 million for a "strategic" minority stake in Brazil's Gol, the two companies said Wednesday.Under the terms of the agreement, ... Read more...
Posted in Business |
Goa’s land scam haunts two Congress ex-chief ministers
December 6th, 2011 - 6:34 pm ICT by IANS
Panaji, Dec 6 (IANS) Three years after the Congress-led coalition government in Goa cancelled seven controversial special economic zone (SEZ) allotments, the scam is back to haunt two of ... Read more...
Posted in Uncategorized |
Air India board decides on loan restructuring, cost-cutting measures
November 29th, 2011 - 10:36 pm ICT by IANS
New Delhi, Nov 29 (IANS) Cash-strapped national carrier Air India's board Tuesday said its lenders have agreed to restructure the airline's massive debt of Rs.42,923.16 crore, after the Reserve ... Read more...
Posted in Business |
Air India board to meet Tuesday
November 29th, 2011 - 3:25 pm ICT by IANS
New Delhi, Nov 29 (IANS) Cash-strapped national carrier Air India's board is to hold discussions Tuesday on the airlines' performance and a revival plan."The board is scheduled to meet ... Read more...
Posted in Business |
Colombian oil company to invest $8.48 bn in 2012
November 23rd, 2011 - 11:18 am ICT by IANS
Bogota, Nov 23 (IANS/EFE) Colombian state oil company Ecopetrol S.A. plans to invest $8.48 billion next year and has set a goal of boosting production to 750,000 barrels of oil ... Read more...
Posted in Business |
Reliance, BP form joint venture for gas business
November 18th, 2011 - 8:15 pm ICT by IANS
Mumbai, Nov 18 (IANS) Mukesh Ambani-led Reliance Industries (RIL) and global energy major BP Friday incorporated their joint venture (JV) company -- India Gas Solutions --which will focus on sourcing ... Read more...
Posted in Business |
Kingfisher Q2 losses at Rs.468 crore, board to meet again
November 15th, 2011 - 2:53 pm ICT by IANS
Mumbai, Nov 15 (IANS) Kingfisher Airlines, which continues to cancel many flights while struggling with an exodus of pilots and huge debts, Tuesday reported a net loss of Rs.468.66 ... Read more...
Posted in Business |
Former ICC anti-graaft chief proposes ban on ‘corrupt’ teams
November 6th, 2011 - 8:21 pm ICT by IANS
London, Nov 6 (IANS) Paul Condon, the former chief of the world cricket body's Anti-Corruption and Security Unit (ACSU), has proposed banning of teams whose players are found guilty of ... Read more...
Posted in Sports |
Australia’s cricket future is in good shape
October 27th, 2011 - 3:49 pm ICT by IANS
Melbourne, Oct 27 (IANS) Cricket Australia's (CA) chairman Jack Clarke said Thursday that he was retiring confident of Australian cricket's future after key strategic decisions made in the last year.
... Read more...
Posted in Sports |
Wandering in India, Steve Jobs learned intuition
October 24th, 2011 - 7:39 pm ICT by IANS
Washington, Oct 24 (IANS) Apple co-founder Steve jobs' wandering across India for seven months looking for spiritual enlightenment turned out "not be a waste of time" as he came back ... Read more...
Posted in Uncategorized |
IGU’S Dilip Thomas to represent Olympic Golf
October 24th, 2011 - 2:56 pm ICT by IANS
New Delhi, Oct 24 (IANS) Indian Golf Union (IGU) council member Dilip Thomas will sit on the International Golf Federation's board of directors, which is charged with overseeing golf's reintroduction ... Read more...
Posted in Sports |
Conditional offer to open Sahagunj unit in phases
October 21st, 2011 - 11:22 pm ICT by IANS
Kolkata, Oct 21 (IANS) Under pressure from the West Bengal government to reopen its Sahagunj unit, the Ruia group-owned Dunlop India limited Friday said it was prepared to do so ... Read more...
Posted in Business |
Putzmeister to invest four million euros in India
October 18th, 2011 - 7:24 pm ICT by IANS
Panaji, Oct 18 (IANS) Putzmeister Concrete Machines (PCM) India Tuesday said it will invest four million euros over the next three years to expand production capacity at its Goa manufacturing ... Read more...
Posted in Business |
Low costs luring Indian textile makers to Bangladesh
October 16th, 2011 - 3:34 pm ICT by IANS
New Delhi, Oct 16 (IANS) Many Indian garment makers have shifted base or opened new units in neighbouring Bangladesh to take advantage of low labour cost and duty concessions on ... Read more...
Posted in Business |
Former rugby player named performance manager of Australian cricket
October 13th, 2011 - 3:41 pm ICT by IANS
Sydney, Oct 13 (IANS) Former Australian rugby international Patrick Howard is to join Cricket Australia (CA) in the new role of general manager, team performance (GMTP).
Howard is also a ... Read more...
Posted in Uncategorized |
Dunlop board to discuss shut Bengal factory Oct 21
October 13th, 2011 - 1:07 am ICT by IANS
Kolkata, Oct 12 (IANS) Tyre maker Dunlop India Limited (DIL) will discuss the suspension of work at its Sahagunj factory in West Bengal's Hooghly district and the government's demand of ... Read more...
Posted in Business |
Obama: Steve Jobs among greatest American innovators
October 6th, 2011 - 8:00 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- U.S. President Barack Obama on Thursday hailed former Apple CEO Steve Jobs as one of the greatest of American innovators, adding that the world has lost a ... Read more...
Posted in Technology Industry News |
Apple co-founder Steve Jobs dead at 56
October 6th, 2011 - 2:11 pm ICT by BNO News
CUPERTINO, CALIFORNIA (BNO NEWS) -- Steve Jobs, the iconic entrepreneur who co-founded Apple in the 1970s, died in California on Wednesday after a long battle with various health issues, his ... Read more...
Posted in Technology Industry News |
Apple co-founder Steve Jobs has died
October 6th, 2011 - 6:44 am ICT by BNO News
CUPERTINO, CALIFORNIA (BNO NEWS) -- Apple co-founder Steve Jobs died on Wednesday, the company confirmed.In a statement, Apple's Board of Directors announced the passing of Jobs. "Steve's brilliance, passion and ... Read more...
Posted in Technology Industry News |
Anil Ambani talks of unlocking shareholder value (Roundup)
September 27th, 2011 - 8:12 pm ICT by IANS
New Delhi, Sep 27 (IANS) Unlocking share value through strategic sales in a host of subsidiaries such as telecom towers and life insurance businesses was the focus of Reliance Group ... Read more...
Posted in Business |
Reliance Capital mulling bonus, banking entry: Ambani
September 27th, 2011 - 1:17 pm ICT by IANS
Mumbai, Sep 27 (IANS) Reliance Capital could consider a bonus issue and make an entry into the banking sector even as it hopes to conclude soon a 26-percent stake sale ... Read more...
Posted in Business |
