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New Delhi: Captains of the Indian business community welcomed the Economic Survey of 2007-08 even as they said that the gross domestic product...more>>
Saturday, 01 March 2008, 03:08 IST
Frankfurt: India's ICICI Bank launched its German operations on Thursday by opening a branch in the financial centre of Frankfurt. ICICI said it...more>>
Saturday, 01 March 2008, 03:08 IST
New Delhi: The U.S. on Thursday said despite its restrictive export regime, high technology trade with India will continue to grow regardless of...more>>
Saturday, 01 March 2008, 03:08 IST
Mumbai: FXLabs, a game company in India, has launched its first PC adventure game AGNI. The game, which will be available for global audiences...more>>
Saturday, 01 March 2008, 03:08 IST
New Delhi: State owned power generator NTPC said Thursday it will borrow 68.56 million euro ($100 million or Rs.4 billion) from multilateral...more>>
Saturday, 01 March 2008, 03:08 IST
Bangalore: Indications on global companies' IT spending suggest that growth in offshore or outsourcing budgets may be either flat or marginally up....more>>
Saturday, 01 March 2008, 03:08 IST
Mumbai: Mauritius based hedge fund DE Shaw has made an equity investment of $250 million (Rs 1,000 crore) in Mack Star Marketing, a unit of Mumbai...more>>
Saturday, 01 March 2008, 03:08 IST
Bangalore: Integrated Technology and Operations provider iGATE has named Phaneesh Murthy as its Chief Executive Officer. The appoitment will be...more>>
Saturday, 01 March 2008, 03:08 IST
Bangalore: Informatica, an independent provider of data integration software and Wipro Technologies, the global IT services business of Wipro, has...more>>
Saturday, 01 March 2008, 03:03 IST
Washington: President George W. Bush said here Thursday that the US economy is in a slowdown but not headed into a recession. "I don't think...more>>
Saturday, 01 March 2008, 02:49 IST
Bangalore: Bangalore based FirstApex Software Technologies, a provider of IT Solutions for the insurance sector, has signed MOU with Wuxi...more>>
Saturday, 01 March 2008, 02:44 IST
Hyderabad: Small and medium IT enterprises here are disappointed with the 2008-09 budget presented by Finance Minister P. Chidambaram on Friday....more>>
Saturday, 01 March 2008, 02:40 IST
Bangalore: Announcement of the national budget for the year 2008-09 by the Government of India has evoked plethora of reactions from IT biggies and...more>>
Saturday, 01 March 2008, 02:39 IST
New Delhi: The government Friday said that the export target of $160 billion in 2007-08 might not be achieved due to the rising rupee against the...more>>
Saturday, 01 March 2008, 02:37 IST
New Delhi: The Indian IT and ITeS sector has been allocated Rs.16.8 billion in 2008-09 from Rs.15 billion in the current fiscal, Finance Minister...more>>
Saturday, 01 March 2008, 02:16 IST
New Delhi: State-owned power equipment manufacturer Bharat Heavy Electricals BHEL) has won a Rs.18.93 billion contract to set up a 700 MW power...more>>
Friday, 29 February 2008, 20:30 IST
New Delhi: India's budget for 2008-09 on Friday came as a bonanza for 40 million farmers with Finance Minister P. Chidambaram announcing a complete...more>>
Friday, 29 February 2008, 20:30 IST
New Delhi: The growth rate of Indian manufacturing needs to be pushed to double digits though the sector has been affected by rupee appreciation...more>>
Friday, 29 February 2008, 20:30 IST
New Delhi: Corporate taxes will contribute a whopping 24 percent of the government's annual budget of Rs.750,884 crore (over Rs.7.5 trillion) for...more>>
Friday, 29 February 2008, 20:30 IST
New Delhi: India has grown into a trillion dollar economy with an anticipated growth of 8.7 percent for this fiscal even as poor infrastructure,...more>>
Friday, 29 February 2008, 17:41 IST
Bangalore: NIIT Technologies, a global IT solutions organization, has announced that it has acquired German based SofTec GmbH, a provider of IT...more>>
Friday, 29 February 2008, 17:41 IST
Mumbai: Think twice before rushing to put money into the next 'hot initial public offering' (IPO). A statistic says that ten out of 16 IPOs that...more>>
Friday, 29 February 2008, 17:41 IST
Washington: The Tata Group North America has joined First Book, a non-profit organisation, in a programme to distribute 65,000 new books to...more>>
Friday, 29 February 2008, 17:28 IST
Bangalore: Dax Networks, one of the top three networking companies in India, has executed a nationwide networking project for CAMS (Computer Age...more>>
Friday, 29 February 2008, 17:25 IST
Dubai: Expatriate Indians based in Saudi Arabia have launched a new forum to promote education and literacy among the poor and the underprivileged...more>>
Friday, 29 February 2008, 17:12 IST
Mumbai: The market regulator Securities and Exchange Board of India (SEBI) is planning to simplify the offer document (OD) of mutual funds' (MF)...more>>
Friday, 29 February 2008, 03:14 IST
Mumbai: The board of directors of Bharat Forge, the flagship company of the Kalyani group, Wednesday approved a preferential issue of convertible...more>>
Friday, 29 February 2008, 02:34 IST
New Delhi: The Planning Commission Tuesday approved Rs.20.65 billion ($517.4 million) as plan outlay for Arunachal Pradesh for 2008-09. The...more>>
Friday, 29 February 2008, 02:33 IST
Mumbai: Hindustan Unilever (HUL) announced Thursday that it has appointed Nitin Paranjape as the company's new managing director and chief...more>>
Friday, 29 February 2008, 02:32 IST
Mumbai: Godrej Industries chairman Adi Godrej said that the company has signed two joint venture agreements, each with an Indonesian and a...more>>
Friday, 29 February 2008, 02:31 IST
Mumbai: Realty major Indiabulls Real Estate (IREL) will acquire the entire stake of realty investment firm Dev Property Development for Rs.10.9...more>>
Friday, 29 February 2008, 02:25 IST
Mumbai: Indian IT major Infosys Technologies will provide IT solutions to the U.S. based diesel engine maker Cummins. Cummins, which serves...more>>
Friday, 29 February 2008, 02:16 IST
New Delhi: India's space agency, readying for a mission to the moon, is also planning to launch a satellite, Aditya, to study the sun, parliament...more>>
Friday, 29 February 2008, 02:11 IST
Bangalore: Rangu Salgame, who joined Tejas Networks as President in October 2007, has quit the company. Before joining Tejas, he was serving as...more>>
Friday, 29 February 2008, 02:11 IST
New Delhi: Consumer demand is expected to receive a major thrust with the likelihood of Finance Minister P. Chidambaram scissoring income tax...more>>
Friday, 29 February 2008, 02:11 IST
Jamshedpur: The bilateral trade between India and Germany is expected to rise to touch $30 billion mark by 2010, Consulate General of the Federal...more>>
Friday, 29 February 2008, 02:11 IST
New Delhi: The Indian personal computer (PC) market crossed 6.5 million shipments, while laptop sales doubled to nearly 1.8 million units in 2007,...more>>
Friday, 29 February 2008, 02:11 IST
New Delhi: Foreign Investment Promotion Board approved 37 FDI proposals pertaining to the information and broadcasting sector during 2007, said...more>>
Friday, 29 February 2008, 02:11 IST
Mumbai: As part of its capital restructuring plan, state-owned IDBI Bank plans to raise funds through a combination of a rights issue and a...more>>
Friday, 29 February 2008, 02:11 IST
New Delhi: Luxury car maker Bentley Motors has ventured into Indian art to promote and position its brand among buyers in the country. The...more>>
Friday, 29 February 2008, 02:08 IST
Thrusting itself into the red-hot market for virtualization technology, Microsoft has released the latest version of its Windows operating system -...more>>
Friday, 29 February 2008, 02:00 IST
New Delhi: China, Latin America and Commonwealth of Independent States (CIS) provide lucrative potential markets for the Indian tourism sector,...more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: India's power generation major NTPC Ltd and state utility Uttar Pradesh Rajya Utpadan Nigam (UPRUNL) will together set up a 1,320 MW...more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: The Department of Telecommunications (DoT) Thursday issued telecom licences to 22 more operators a day after it launched the process....more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: Over 36 million people were employed with 17.07 million unorganised manufacturing enterprises (UMEs) in 2005-06, says the latest report...more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: India and Saudi Arabia Thursday held talks on strengthening bilateral ties, including ways to increase Saudi investments in Indian...more>>
Thursday, 28 February 2008, 20:30 IST
Washington: Leading global internet brand Yahoo! has introduced Yahoo! Buzz, offering the most interesting and relevant content from websites...more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: The strengthening of the rupee, which appreciated about 14 percent against the U.S. dollar in the last one year, had adversely affected...more>>
Thursday, 28 February 2008, 20:30 IST
New Delhi: Since India is one of the world's fastest growing telecom markets with a user base of 272.88 million, the sector needs to expand telecom...more>>
Thursday, 28 February 2008, 20:30 IST
Bangalore: Pursuing a $250 to $500 million business deal, Indian IT firms have evinced a keen interest in participating in the multi-crore...more>>
Thursday, 28 February 2008, 18:00 IST
Bangalore: Amalgamated Bean Coffee Trading Company, operating in the areas like plantations, exports and retailing, is planning to raise $250...more>>
Thursday, 28 February 2008, 17:58 IST
Mumbai: Equity fund managers, who were on a slow mode in stock market, plan a comeback, mainly in energy and financial sectors, says a poll...more>>
Thursday, 28 February 2008, 17:12 IST
Mumbai: Indian software companies seem to have missed a golden opportunity to make it big in Chinese outsourcing market. As the upcoming Olympic...more>>
Thursday, 28 February 2008, 17:12 IST
Kolkata: Civil Aviation Minister Praful Patel Wednesday said the government would come out with a new set of guidelines for the aviation industry...more>>
Thursday, 28 February 2008, 16:59 IST
Mumbai: Gujarat-based ABG Shipyard Ltd has delivered a new supply vessel, called Lamnalco Mallard, to the Lamnalco Group based in the United Arab...more>>
Thursday, 28 February 2008, 16:55 IST
New Delhi: Bharti Airtel, India's leading telecom service provider, along with a global consortium on Tuesday announced it would set up a...more>>
Thursday, 28 February 2008, 02:08 IST
Munich: Private equity executives on Tuesday forecast that more bad news is likely to come from the credit meltdown. "I think we are seeing a...more>>
Thursday, 28 February 2008, 01:51 IST
Kochi: Phoenix Group Global, an investment consortium with interests in hospitality, real estate and floriculture, is planning to strengthen its...more>>
Thursday, 28 February 2008, 01:15 IST
Johannesburg: India could be in the running to launch South Africa's civilian satellite Sumbandila again after reported dissatisfaction here with...more>>
Thursday, 28 February 2008, 01:09 IST
Mumbai: Indian capital market regulator SEBI has given the approval to Renaissance Technologies, the world's largest hedge fund firm handling...more>>
Thursday, 28 February 2008, 01:09 IST
New Delhi: As a result of costly valuations and adverse market conditions, ICICI Venture and Jaypee Infratech have terminated talks with regard to...more>>
Thursday, 28 February 2008, 01:09 IST
New York: Credit card network VISA may raise up to $18.8 billion in the largest-ever initial public offering (IPO). The move comes amid concerns...more>>
Thursday, 28 February 2008, 01:09 IST
London: Indian companies have put up a stunning performance in London by raising hundreds of millions of pounds on London's Alternative Investment...more>>
Thursday, 28 February 2008, 01:09 IST
New Delhi: Lalu prasad Yadav continue to be a study subject for the B-School students. In the railway budget presented today, he put forward a...more>>
Thursday, 28 February 2008, 01:09 IST
Mumbai: It is time for the companies, who are so dependent on the U.S. dollar, to receive another jolt. The Indian rupee appreciated further by...more>>
Thursday, 28 February 2008, 01:09 IST
Bangalore: In a bid to protect their overall profit margins, Indian software exporters such as Tata Consultancy Services (TCS), Infosys...more>>
Thursday, 28 February 2008, 01:09 IST
New Delhi: European aerospace and defence conglomerate EADS is eyeing India's burgeoning military market that is expected to generate orders worth...more>>
Thursday, 28 February 2008, 01:09 IST
New Delhi: The union government on Monday granted formal approval to 10 special economic zones (SEZs), including one of Videocon Reality and...more>>
Thursday, 28 February 2008, 01:09 IST
Mumbai:The booming realty sector wants a status equal to telecom and aviation with amendments in the foreign direct investment guidelines to boost...more>>
Thursday, 28 February 2008, 00:43 IST
Tokyo: i-flex solutions, a leading provider of technology solutions to the global banking and financial services industry, has announced that...more>>
Thursday, 28 February 2008, 00:42 IST
Mumbai: The Union Bank of India (UBI) will install an anti-money laundering software provided by IT solutions company 3i Infotech, it was announced...more>>
Thursday, 28 February 2008, 00:42 IST
Shimla: Cosmos Hydro Power (CHPL) will build and operate for 40 years a Rs.1-billion ($25 million) hydroelectric plant in Himachal Pradesh,...more>>
Wednesday, 27 February 2008, 23:58 IST
New Delhi: The Indian government Wednesday began issuing licences to nine new applicants for mobile phone services in the country after clearance...more>>
Wednesday, 27 February 2008, 20:30 IST
New Delhi: India will have to fork out a substantially higher sum for an aircraft carrier it has purchased from Russia as the $970 million...more>>
Wednesday, 27 February 2008, 20:30 IST
New Delhi: India Wednesday extended by two months the date for opening bids for the country's biggest defence deal for 126 combat jets - six days...more>>
Wednesday, 27 February 2008, 20:30 IST
Washington: Federal Reserve chairman Ben Bernanke told Congress Wednesday that the central bank will again lower interest rates to boost U.S....more>>
Wednesday, 27 February 2008, 20:30 IST
New Delhi: Sun Microsystems India has rolled out the 7th edition of its Sun Tech Days developer conference at the Hyderabad International...more>>
Wednesday, 27 February 2008, 20:30 IST
Kolkata: West Bengal, in midst of an industrial resurgence and growing vehicular pollution, would receive natural gas in three years to convert...more>>
Wednesday, 27 February 2008, 20:30 IST
Thiruvananthapuram: The Kerala Government is planning to develop IT parks in all districts in the state in order to enhance its presence in the...more>>
Wednesday, 27 February 2008, 17:56 IST
Bangalore: WorldSpace, a leader in satellite-based digital radio services, has chosen NetMagic's host of services to enhance the operational...more>>
Wednesday, 27 February 2008, 17:50 IST
Siemens is to cut 6,800 jobs in its corporate telecom unit SEN as it restructures the division. Siemens hopes to turn SEN into a software provider...more>>
Wednesday, 27 February 2008, 17:45 IST
New Delhi: Civil Aviation Minister Praful Patel has said Tuesday that the existing airports in Bangalore and Hyderabad will be closed once the new...more>>
Wednesday, 27 February 2008, 17:38 IST
New York: ICICI Bank, India's largest private sector bank, is opening its first branch in the U.S., in New York, on Friday. K.V. Kamath,...more>>
Wednesday, 27 February 2008, 17:36 IST
London: Spurred by reports of rivals John Lewis considering an Indian expansion, British retailer Marks and Spencer (M&S)are in talks with Reliance...more>>
Wednesday, 27 February 2008, 02:41 IST
New Delhi: Even as the Department of Telecommunications (DoT) is gearing itself to issue telecom licenses and radio frequencies or spectrum to nine...more>>
Wednesday, 27 February 2008, 02:12 IST
Mumbai: The Bombay Stock Exchange (BSE) has picked up 26 percent stake in Ahmedabad-based National Multi-Commodity Exchange of India Ltd (NMCE) for...more>>
Wednesday, 27 February 2008, 02:12 IST
Mumbai: Media and entertainment firm UTV Software is seeking approval of shareholders for issuing shares worth Rs 805 crore on preferential basis...more>>
Wednesday, 27 February 2008, 02:12 IST
Mumbai: In what would be India's biggest financial sector takeover, HDFC Bank, the country's third-largest bank by market value, said it would...more>>
Wednesday, 27 February 2008, 02:12 IST
Thiruvananthapuram: Home Minister Kodiyeri Balakrishnan told Kerala's legislative assembly that the IT sector would create 100,000 new jobs in the...more>>
Wednesday, 27 February 2008, 02:12 IST
New York: Infosys, Wipro and Tata Consultancy Services, are among the best outsoursing providers in the world. 'The 2008 Global Outsourcing 100'...more>>
Wednesday, 27 February 2008, 02:12 IST
Mumbai: This year has seen the bad performance from Indian equities market. Indices Nifty and Sensex are among the worst performers in the global...more>>
Wednesday, 27 February 2008, 02:12 IST
Mumbai: The recession in IT seems to have been having a roundabout effect. Just when you thought the only sufferers were the employees who have...more>>
Wednesday, 27 February 2008, 02:12 IST
Princeton : Battelle Ventures and its affiliate fund, Innovation Valley Partners (IVP), have led the $9-million Series B funding round of Nistica,...more>>
Wednesday, 27 February 2008, 01:50 IST
Bangalore: Infosys Technologies has partnered with ACDI/VOCA, a non-profit organization that promotes broad-based economic growth, to develop an...more>>
Wednesday, 27 February 2008, 01:13 IST
Dubai: Du, one of the two telecom service providers in the United Arab Emirates (UAE), has tied up with India's Reliance Globalcom to provide a...more>>
Wednesday, 27 February 2008, 01:12 IST
Mumbai: Tata Motors is all set to sign a landmark deal to take over two iconic British automobile brands, Land Rover and Jaguar, from US carmaker...more>>
Wednesday, 27 February 2008, 01:12 IST
Noida: R Systems International, a provider of outsourced product development and customer support services, has announced the financial result of...more>>
Wednesday, 27 February 2008, 00:51 IST
Dubai: Saudi Arabia's King Abdul Aziz City for Science and Technology (KACST) Tuesday signed an agreement with IBM Research to set up a...more>>
Tuesday, 26 February 2008, 20:30 IST
New Delhi: Leaders of Indian industry Tuesday hailed Railway Minister Lalu Prasad's fifth consecutive railway budget as forward looking and...more>>
Tuesday, 26 February 2008, 20:30 IST
Pune: Pune's Lohegaon airport will reopen Wednesday. The airport was closed for the last 15 days to re-carpet the runway, which was badly damaged...more>>
Tuesday, 26 February 2008, 20:30 IST