January 11, 2013
Infosys CEO and Managing Director S. D. Shibulal insists that the “good performance” should not colour expectations in a market that is fraught with risk and uncertainty. Excerpts from a...
December 17, 2012
Govt. estimates GDP to grow at 5.7-5.9 % in 2012-13
November 27, 2012
Reliance Industries on Tuesday became the country’s most valued company, pushing IT major TCS to second spot in the domestic market capitalisation chart.
With a market value of Rs 2,54,37...
August 15, 2012
National Aluminium Company (Nalco), on Tuesday, said it was investing Rs.7,500 crore as part of third phase brownfield expansion at its existing facilities in Odisha.Addressing the 31st an...
July 20, 2012
Electronic payments provider PayPal plans to push its Indian development centres to take up a larger regional role as part of it’s ‘global talent strategy’ (GTS) programme. The GTS is a...
July 12, 2012
Infosys, on Thursday, reported a 32.92 per cent jump in net profit to Rs.2,289 crore for the first quarter ended June 30, 2012. The net profit in the year-ago quarter was Rs.1,722 crore. While the...
July 4, 2012
Software giant Microsoft will be taking an accounting charge of $6.2 billion due to the non-performance of its internet services division, aQuantive, which it had acquired five years ago. The acco...
June 14, 2012
The National Association of Software and Services Companies (Nasscom), on Thursday, said it maintained its growth projection of 11-14 per cent for the current financial year. It said it...
January 6, 2012
Mumbai-based King Kaveri Trading Company, which distributes products of Chinese firm Fuwa in India, today said it expects a turnover of Rs 500 crore in the next two years.
The company, wh...
July 30, 2011
The outsourced ‘testing’ market, which was virtually non-existent in 1998, grew to USD 10 billion by 2010, notes A. V. Asvini Kumar, Managing Director, Thinksoft, Chennai (http:/...
December 24, 2012
Eight Indian CEOs have made it to the list of 100 global chief executives, compiled by Harvard Business Review (HBR), with ITC’s Y C Deveshwar and late Subir Raha of ONGC finding a place in the to...
December 16, 2012
We observe, once again, a discord between the Ministry of Finance and the Reserve Bank of India (RBI) on priorities between growth and inflation targeting for the economy. Evidently, the projected...
August 31, 2012
MORF India, a provider of water purification and sewage treatment solutions, has expressed confidence that it would be able to touch revenues of Rs. 20 crore this fiscal, up from Rs. 8.5 crore in...
August 1, 2012
German luxury automaker BMW AG said earnings fell 28 percent in the second quarter due to higher costs for staff and investments in new technology.
The fall in profit was partly due to on...
July 18, 2012
Axis Bank, on Tuesday, reported a net profit of Rs.1,154 crore for the first quarter ended June 30, 2012, against Rs.942 crore in the year-ago period, a growth of 22 per cent. The operating profi...
SEOUL, South Korea,
July 6, 2012
Samsung Electronics Co., the world’s largest maker of memory chips, mobile phones, flat-screen panels and televisions, said on Friday that its preliminary second-quarter operating profit jumped ne...
June 30, 2012
Faster traffic growth, rising oil prices and better fleet management are pushing airlines to replace their old fleet with fuel efficient aircraft
January 31, 2012
Leverages strong corporate franchise
August 4, 2011
The country’s largest carmaker Maruti Suzuki India (MSI) today said it expects sales growth rate for the fiscal to be in low single digit as the Indian automobile market struggles to c...
April 1, 2011
IT bellwether Infosys Technologies on Friday said it will announce its fourth quarter results on April 15, marking the beginning of corporate earnings season. In the third quarter, the comp...