Low cost tablets gain market share
August 12th, 2012 - 6:07 pm ICT by IANS
New Delhi, Aug 12 (IANS) Low-cost sleek tablets, some with exceptional features, have flooded the price-conscious Indian market in recent months, challenging expensive brands.According to Vishal Tripathi, principal research analyst, ... Read more...
Posted in Sci-Tech |
Bosch unveils pressure washers for industrial use
July 14th, 2012 - 12:09 am ICT by IANS
Bangalore, July 13 (IANS) Global supplier of products and services Bosch group has forayed into outdoor cleaning segment by unveiling a range of high pressure washers for industrial use.Customised for ... Read more...
Posted in Business |
French firm Altran bets on india for growth
July 12th, 2012 - 12:14 am ICT by IANS
Bangalore, July 11 (IANS) French high-tech engineering consulting firm Altran is betting on India for growth and value in diverse verticals such as transportation, automotive, aerospace and nuclear energy."India ... Read more...
Posted in Business |
WNS to acquire back office in South Africa
June 22nd, 2012 - 9:35 pm ICT by IANS
Bangalore, June 22 (IANS) Leading business process outsourcing (BPO) provider WNS (Holdings) Ltd will acquire Fusion Outsourcing Services Ltd, a back office in South Africa, for $16 million to expand ... Read more...
Posted in Business |
Digital media firm Trivone picks up two more portals
May 15th, 2012 - 8:36 pm ICT by IANS
Bangalore, May 15 (IANS) Emerging digital media and content firm Trivone Digital Services has acquired two more niche portals in entertainment and automobile segments for an unspecified amount to diversify ... Read more...
Posted in Business |
Hungama is Facebook’s Preferred Marketing Developer
May 10th, 2012 - 8:19 pm ICT by IANS
Mumbai, May 10 (IANS) Hungama Digital Media Entertainment Pvt. Ltd. has been conferred with the Preferred Marketing Developer (PMD) badge by Facebook, company officials said here Thursday.The Digital Services ... Read more...
Posted in Entertainment |
RIL fourth quarter net profit down 21.2 percent (Lead)
April 20th, 2012 - 9:29 pm ICT by IANS
Mumbai, April 20 (IANS) Reliance Industries Ltd (RIL) Friday reported a 21.20 percent decline in net profit at Rs.4,236 crore in the fourth quarter of 2011-12, compared to Rs.5,376 crore ... Read more...
Posted in Uncategorized |
Indian firm ships sugar packing machine to Sudan
February 20th, 2012 - 11:26 pm ICT by IANS
Bangalore, Feb 20 (IANS) Integrated packaging machinery major Nichrome India has shipped an assembling machine to one of the largest sugar plants in Sudan for packing the sweet crystals, the ... Read more...
Posted in Business |
New Zealand firm to manage Indian enterprises’ data with CMC
February 11th, 2012 - 12:39 am ICT by IANS
Bangalore, Feb 10 (IANS) New Zealand-based data management solutions' provider Pingar has tied up with CMC Ltd to manage unstructured data of enterprise clients for improving the quality of business ... Read more...
Posted in Business |
Global uncertainty not affecting IT industry: Premji (Second Lead)
January 20th, 2012 - 8:15 pm ICT by IANS
Bangalore, Jan 20 (IANS) The resilient Indian IT industry remains unaffected by the uncertainty in the macro-economic environment or the sovereign debt crisis in Europe, Wipro Chairman Azim Premji said ... Read more...
Posted in Uncategorized |
Wipro’s IT outlook remains flat on marginal growth (Lead)
January 20th, 2012 - 2:05 pm ICT by IANS
Bangalore, Jan 20 (IANS) Wipro Ltd Friday projected a flat revenue growth from its global IT services business in the fourth quarter (January-March) as sequential growth in the third quarter ... Read more...
Posted in Business |
Hero Eco Group to invest Rs.500 crore in next 5 years
December 28th, 2011 - 6:43 pm ICT by IANS
New Delhi, Dec 28 (IANS) Vijay Munjal-led Hero Eco group will invest up to Rs.500 crore in the next five years to augment research and development (R&D;) and raise production ... Read more...
Posted in Business |
GVK Power denies pact with Changi Airport
December 26th, 2011 - 4:34 pm ICT by IANS
New Delhi, Dec 26 (IANS) GVK Power Monday denied that it has entered into any agreement with Singapore's Changi Airport to sell a stake in its airport business."The company, in ... Read more...
Posted in Business |
Microsoft ‘disappointed’ with hold back on retail FDI
December 9th, 2011 - 12:21 am ICT by IANS
Kolkata, Dec 8 (IANS) Microsoft Thursday said it is "very disappointed" with the central government's decision to hold back Foreign Direct Investment (FDI) in multi-brand retail trade, stressing "FDI in ... Read more...
Posted in Business |
200-year-old Swedish security co. ramps up Indian presence
December 8th, 2011 - 8:07 pm ICT by IANS
New Delhi, Dec 8 (IANS) A 200-year-old Swedish security company that has had a presence in India for 79 years is ramping up its presence with a fresh infusion of ... Read more...
Posted in Business |
Weak rupee benefits Infosys despite uncertainty
October 12th, 2011 - 7:34 pm ICT by IANS
Bangalore, Oct 12 (IANS) A 10 percent rupee depreciation against US dollar during the second quarter (July-Sep) has benefitted Indian IT bellwether Infosys, helping it in revising its revenue guidance ... Read more...
Posted in Uncategorized |
Bharti Airtel appoints new CEOs
August 10th, 2011 - 4:54 pm ICT by IANS
New Delhi, Aug 10 (IANS) Telecom giant Bharti Airtel Wednesday said it has appointed two new chief executive officers (CEOs) for its broadband and direct-to-home services."Both these verticals are part ... Read more...
Posted in Sci-Tech |
Godrej Industries quarterly net profit rises 45 percent
July 30th, 2011 - 6:29 pm ICT by IANS
New Delhi, July 30 (IANS) Godrej Industries Saturday said it has posted an increase of 45 percent in consolidated net profit at Rs.71 crore for the quarter ended June 30 ... Read more...
Posted in Business |
Now test LG’s products at its demonstration zones
July 28th, 2011 - 12:37 am ICT by IANS
Kolkata, July 27 (IANS) LG Business Solutions will soon launch its demonstration zones, where users can have a real time experience of the features of its various products, in ... Read more...
Posted in Business |
Farm mechanisation essential to improve agriculture: CII
June 12th, 2011 - 3:44 pm ICT by IANS
New Delhi, June 12 (IANS) Considering the limited availability of land, industry lobby Confederation of Indian Industry (CII) has recommended intensification of agriculture through increased farm mechanisation."Identification of farm mechanisation ... Read more...
Posted in Business |
Spice to invest Rs.1,000 crore in 2011-12
May 2nd, 2011 - 7:20 pm ICT by IANS
New Delhi, May 2 (IANS) Mobile handset manufacturer Spice Mobility Monday said it would invest Rs.1,000 crore to ramp up its research and development facilities, creation of value-added services and ... Read more...
Posted in Sci-Tech |
Huge forex loss hits MindTree net in fiscal 2010-11
April 21st, 2011 - 11:30 pm ICT by IANS
Bangalore, April 21 (IANS) Leading IT services and product firm MindTree Ltd suffered a forex loss of $10.7 million year-on-year (YoY), resulting in its consolidated net profit declining by a ... Read more...
Posted in Uncategorized |
HCL Technologies quarterly net profit rises 26.37 percent
April 20th, 2011 - 4:44 pm ICT by IANS
New Delhi, April 20 (IANS) HCL Technologies Wednesday posted an increase of 26.37 percent in net profit at Rs.331.8 crore for the quarter ended March 31 as against Rs.262.6 crore ... Read more...
Posted in Business |
Infosys to hire 32,000 this fiscal
April 15th, 2011 - 9:01 pm ICT by IANS
Bangalore, April 15 (IANS) Robust growth and increasing demand for outsourcing are propelling Infosys Technologies Ltd to hire an estimated 32,000 people during fiscal 2011-12, a senior official of the ... Read more...
Posted in Business |
US tech market back on strong growth path: Survey
April 14th, 2011 - 5:29 pm ICT by IANS
Banglore, April 14 (IANS) Recovering from the ripple effects of the global slowdown, the information and communication technology (ICT) market in the US is set to witness a strong momentum ... Read more...
Posted in Uncategorized |
IT sector must overcome challenges: Economic Survey
February 25th, 2011 - 7:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) The future of the information technology (IT) sector in India depends on the way it addresses challenges such as increasing competition and infrastructure constraints, according to ... Read more...
Posted in Business |
Hitachi to double its India turover by 2013
February 9th, 2011 - 9:22 pm ICT by IANS
New Delhi, Feb 9 (IANS) Japanese consumer durables major Hitachi Wednesday said that it expects turnover in India to double and reach $2 billion by 2013."I expect our business in India to ... Read more...
Posted in Business |
Reliance Broadcast Network to acquire Imagine Showbiz
January 12th, 2011 - 9:18 pm ICT by IANS
Mumbai, Jan 12 (IANS) Reliance Broadcast Network Limited (RBNL), part of the Anil Dhirubhai Ambani Group (ADAG), Wednesday said it was going to acquire music channel Imagine Showbiz Ltd. to expand its ... Read more...
Posted in Entertainment |
Buoyant Indian IT industry rebounds but remains cautious (2010 in Retrospect)
December 30th, 2010 - 3:48 pm ICT by IANS
By Fakir Balaji
Bangalore, Dec 30 (IANS) Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in ... Read more...
Posted in Business |
A joint venture to train over two million in diverse skills
December 21st, 2010 - 9:29 pm ICT by IANS
New Delhi, Dec 21 (IANS) The state-run National Skills Development Corporation (NSDC) Tuesday said it has entered into a joint venture with the Empower Pragati Vocational and Staffing Private Limited to train ... Read more...
Posted in Business |
Centum to provide learning solutions to Airtel in Africa
December 7th, 2010 - 9:22 pm ICT by IANS
New Delhi, Dec 7 (IANS) Centum Learning, a Bharti associate company, Tuesday said it will provide learning solutions to telecom major Bharti Airtel's recently acquired African operations.Under the agreement, Centum will cater ... Read more...
Posted in Business |
Symantec to unveil strategies against cyber attacks (Lead)
December 1st, 2010 - 11:28 pm ICT by IANS
Mumbai, Dec 1 (IANS) Global security solutions provider Symantec Corporation will Thursday unveil strategies to enable enterprises to secure their data from cyber attacks.Symantec worldwide sales executive Bill Robbins will unfold the ... Read more...
Posted in Business |
Hindustan Motors to go in for contract manufacturing
September 30th, 2010 - 7:48 pm ICT by IANS
Kolkata, Sep 30 (IANS) Hindustan Motors is in talks with automobile companies for contract manufacturing of vehicles at its Chennai plant, which now assembles Mitsubishi cars exclusively, a top company official said ... Read more...
Posted in Business |
Balmer Lawrie plans Rs.3,500 crore turnover in 5 years
September 24th, 2010 - 5:46 pm ICT by IANS
Kolkata, Sep 24 (IANS) State-owned conglomerate Balmer Lawrie plans to put in Rs.300 crore in six verticals to clock a turnover of Rs.3,500 crore in the next five years, a top company ... Read more...
Posted in Business |
Murugappa aims $7.7bn growth by 2014
September 8th, 2010 - 10:37 pm ICT by IANS
Chennai, Sep 8 (IANS) The $3.03 billion turnover industrial conglomerate Murugappa group is mulling organic and inorganic growth to take the group size to $7.7 billion by 2013-14, said a top group ... Read more...
Posted in Business |