value creation

National Policy on IT approved


September 21st, 2012 - 7:22 pm ICT by IANS
New Delhi, Sep 21 (IANS) The National Policy on Information Technology 2012, which envisages the growth of the IT market to $300 billion and creation of another 10 million jobs ... Read more...

Posted in Business |

Government confident of meeting 20 percent export growth target


July 26th, 2012 - 8:29 pm ICT by IANS
Kolkata, July 26 (IANS) Although India's export during the first quarter has declined on the back of global economic slowdown, the government Thursday expressed confidence that its target of 20 ... Read more...

Posted in Business |

DLF’s K.P. Singh gets entrepreneurship award (Lead)


June 26th, 2012 - 6:26 pm ICT by IANS
New Delhi, June 26 (IANS) Realty major DLF's chairman, K.P. Singh, has been conferred the "Indian Business Leader of the Year" award by Horasis: The Global Visions Community -- an ... Read more...

Posted in Business |

IT product firm Ittiam posts $20 million revenue


March 21st, 2012 - 1:36 am ICT by IANS
Bangalore, March 20 (IANS) Embedded software firm for digital signal processing (DSP) Ittiam Systems posted $20 million (Rs.100 crore) revenue for this fiscal (2011-12), with royalty income accounting for 35 ... Read more...

Posted in Sci-Tech |

China Telecom to sell iPhone 4S


February 21st, 2012 - 4:59 pm ICT by IANS
Beijing, Feb 21 (IANS) China Telecom, the country's third largest wireless carrier, said Tuesday that it would start selling the iPhone 4S March 9, ending China Unicom's three-year run as ... Read more...

Posted in Business |

GMR Infrastructure divests stake to Chinese company


April 12th, 2011 - 5:42 pm ICT by IANS
New Delhi, April 12 (IANS) GMR Infrastructure Tuesday said it had completed the divestment of 50 percent stake in power generation firm InterGen to China's Huaneng Group for over $1.2 ... Read more...

Posted in Business |

Govt. funding for tech textile research will give fillip to sunrise industry: Official


February 23rd, 2011 - 7:52 pm ICT by ANI
New Delhi, Feb.23 (ANI): A senior government official has said that government funding for technical textile research will give a fillip to the sunrise industry.Textiles Secretary Rita Menon said: "The technical textiles ... Read more...

Posted in Business |

Indian IT firms will consolidate, focus on Europe, Asia-Pacific


September 24th, 2010 - 1:05 pm ICT by IANS
By Gyanendra Kumar Keshri New Delhi, Sep 24 (IANS) The Indian information technology sector is likely to witness heavy consolidation in the coming months as mid-size companies struggle to sustain growth amid a ... Read more...

Posted in Business |

Government to boost engineering goods exports: Sharma


September 10th, 2010 - 6:56 pm ICT by IANS
Bangalore, Sep 10 (IANS) The government is taking proactive measures to lower transaction costs and upgrade infrastructure to make Indian exports competitive, Commerce and Industry Minister Anand Sharma said Friday. "Creating an enabling ... Read more...

Posted in Business |

India to induct 32 warships in 10 years


August 11th, 2010 - 11:36 pm ICT by IANS
Kolkata, Aug 11 (IANS) India will induct 32 more warships, including 27 being built indigenously, to its naval fleet in the next 10 years, one of the seniormost Indian Navy officers said ... Read more...

Posted in Uncategorized |

Norwegian Orkla eyes more acquisitions in India


June 22nd, 2010 - 9:33 pm ICT by IANS
Bangalore, June 22 (IANS) Norwegian branded consumer goods major Orkla ASA is looking for strategic acquisitions in India to expand its presence and tap opportunities emerging in the processed food products segment, ... Read more...

Posted in Business |

Reliance Industries net up 6.1 percent (Lead)


April 23rd, 2010 - 9:09 pm ICT by IANS
Mumbai, April 23 (IANS) India's largest private sector company Reliance Industries (RIL) Friday reported a 6.1 percent increase in net profits at Rs.16,236 crore ($3.6 billion) for the fiscal ended March, compared ... Read more...

Posted in Business |

Reliance eyes gas venture in US


March 17th, 2010 - 11:43 am ICT by IANS
Washington, March 17 (IANS) India's Reliance Industries Ltd. is nearing a deal to buy a big stake in a large US natural-gas field, according to the Wall Street Journal. Under the deal as ... Read more...

Posted in Business |

Anil Ambani’s conciliatory message welcomed by brother Mukesh (Lead)


October 12th, 2009 - 1:10 am ICT by IANS
New Delhi, Oct 11 (IANS) After a pilgrimage to two holy shrines, industrialist Anil Ambani sent a conciliatory message to elder brother Mukesh Ambani Sunday, saying there was ample scope to amicably ... Read more...

Posted in Business |

Anil Ambani’s conciliatory message to brother Mukesh


October 11th, 2009 - 8:38 pm ICT by IANS
New Delhi, Oct 11 (IANS) After a pilgrimage to two holy shrines, industrialist Anil Ambani sent a conciliatory message to elder brother Mukesh Ambani Sunday, saying there was ample scope to amicably ... Read more...

Posted in Business |

Walt Disney Buys Marvel For $4Billion: Reports


September 1st, 2009 - 6:14 pm ICT by GD
By Madhuri Dey According to the sources, Walt Disney Co., which already owns some of the renowned movies and television characters have reportedly bought the comic book giant, Marvel Entertainment.The deal means ... Read more...

Posted in Entertainment |

Mickey Mouse in $4 billion embrace with Spider-Man


September 1st, 2009 - 1:28 pm ICT by ANI
London, Sept 1 (ANI): The world of animation entertainment is all set to become much bigger as Walt Disney buys Marvel Entertainment in a 4-billion dollar deal.After the deal is sealed, Disney ... Read more...

Posted in Business |

Walt Disney to acquire Marvel for $4 bn


September 1st, 2009 - 5:04 am ICT by IBNS
Mumbai, Sept 1 (IBNS) In what can be touted as one of the biggest acquisitions in recent times in the media and entertainment sector, The Walt Disney Company has said that it ... Read more...

Posted in Entertainment |

Disney captures Spider-Man’s Marvel for $4 bn


September 1st, 2009 - 1:15 am ICT by IANS
Los Angeles, Aug 31 (DPA) Walt Disney Co is to buy Marvel Entertainment for $4 billion, the companies announced Monday, giving the family entertainment conglomerate a powerful squad of movie superheroes such ... Read more...

Posted in Business |

Reliance Capital eyes major expansion, banking, overseas foray


July 5th, 2009 - 8:24 pm ICT by IANS
Mumbai, July 5 (IANS) The Anil Dhirubhai Ambani Group's Reliance Capital has unveiled an ambitious plan for the next three-five years, including an entry into banking industry, globalisation of operations and tripling ... Read more...

Posted in Business |

L&T sees 25-35 percent growth in order inflows


April 16th, 2009 - 3:00 pm ICT by IANS
New Delhi, April 16 (IANS) Indian construction major Larsen and Toubro (L&T) is bullish about its future and anticipates a healthy growth rate of 25 to 35 percent in order inflows in ... Read more...

Posted in Business |

GSPC, Schlumberger in strategic technical alliance


January 14th, 2009 - 1:16 am ICT by IANS
Ahmedabad, Jan 13 (IANS) Gujarat State Petroleum Corporation (GSPC) and global oilfield and information service provider Schlumberger Tuesday announced a long-term strategic alliance.A memorandum of understanding (MoU) to this effect was signed ... Read more...

Posted in Uncategorized |

Reliance Cap to set up housing finance arm


September 16th, 2008 - 8:10 pm ICT by IANS
Mumbai, Sep 16 (IANS) Reliance Capital, an arm of the Anil Dhirubhai Ambani Group, will set up a separate housing financial subsidiary and non-banking financial company (NBFC) for the consumer finance sector, ... Read more...

Posted in Business |

PlaySpan selected by AlwaysOn as an OnHollywood 100 top private company Award Winner


June 12th, 2008 - 9:45 pm ICT by ANI
Mumbai, June 12 (ANI/Business Wire India ): PlaySpan, the game industry's first publisher sponsored in-game commerce network, today announced that it has been chosen by AlwaysOn as one of the OnHollywood ... Read more...

Posted in South Asia |

Dr. Reddy’s acquires Italian firm


April 3rd, 2008 - 8:18 pm ICT by admin
Hyderabad, April 3 (IANS) Dr. Reddy's Laboratories Ltd, a global pharmaceutical firm, Thursday announced that it has acquired Jet Generici Srl, an Italian company engaged in the sale of generic finished dosages. ... Read more...

Posted in Health Science |

Troubled Swiss bank UBS writes down further losses


April 1st, 2008 - 4:39 pm ICT by admin
DPA Zurich, April 1 (DPA) Switzerland's biggest bank announced it would raise further capital Tuesday as a result of worse losses than expected resulting from the sub-prime mortgage crisis. The bank predicted further ... Read more...

Posted in World |

Can $608 Million Fix AMD’s Problems?


November 17th, 2007 - 7:07 am ICT by admin
Earlier this week, Intel released its family of 45-nanometer processors, while archrival AMD only recently released a 65-nanometer family of chips. Industry analysts say AMD won't be able to achieve a 45-nm ... Read more...

Posted in Technology Industry News |

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