India's IT city Bangalore has been hit by seven low intensive serial blasts in Adugodi, Mysore Road, Madiwala, Mallya Road, Langford Road and Shivaji Nagar. As per the sources, three people have been killed in one of the spots.
According to placement figures at the Indian Institute of Management (IIM), Bangalore, 75 percent of this year's graduates opted for jobs in India.
U.S. toymaker Hasbro has filed a suit in federal court against RJ Softwares for creating an online word game on Facebook networking website by copying its product Scrabble.
Indian IT industry which is reeling under the global slowdown has something to its relief.
Wipro Infotech, the India and Middle East IT Business of Wipro, grabbed Rs.132 crore worth 10 year IT contract. The real estate developer, Lodha Group, has given this contract for IT transformation.
Owing to the business model transformations, IT dictionary, by 2015, can replace words like business process outsourcing (BPO) and offshoring with business service outsourcing and global delivery model (GDM).
Grasim Industries, flagship company of the Aditya Birla Group, has posted a marginal rise in net profit at Rs.67.18 billion for the quarter ending June 2008 as compared to Rs.66.96 billion for the corresponding period of the previous year.
Tata Power Co Ltd Friday announced a net profit $47.63 million (Rs.1.9 billion) during the first quarter this fiscal, compared to $47.5 million (Rs.1.9 billion) in the corresponding period the previous year.
Canada is planning to launch a satellite in 2010 for tracking wayward asteroids that may pose a threat to Earth.
The brutal rupee depreciation phenomena took its toll on the software services firm Aztecsoft, who reported Rs.9.29 crore losses in the first quarter ended June 30, 2008.
Effectiveness of the Indian way of training in financial research outsourcing has won appreciations of bankers abroad.
