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Bangalore: China is likely to be well ahead of India in terms of R&D offshoring as the Chinese government increasingly extends its support to this...more>>
Saturday, 31 January 2009, 00:13 IST
New Delhi: OnMobile Global, one of India's largest providers of value-added mobile services, has posted an 88.7 percent increase in net profit to...more>>
Saturday, 31 January 2009, 00:05 IST
New Delhi: Indians seems to be early adopters of new technologies especially in terms of mobile phone applications and most of them are aware of...more>>
Friday, 30 January 2009, 23:46 IST
Washington: U.S. President Barack Obama wants advanced and emerging economies to act in unison in dealing with the global financial crisis and...more>>
Friday, 30 January 2009, 22:40 IST
New Delhi: India's first home-grown wind technology company Suzlon Energy Friday reported a net loss of Rs.3.9 billion for the quarter ended Dec 31...more>>
Friday, 30 January 2009, 22:36 IST
New Delhi: State-run oil major Indian Oil Corp (IOC) Friday said its net profit increased 41.5 percent to Rs.29.58 billion for the quarter ended...more>>
Friday, 30 January 2009, 22:34 IST
New Delhi: India and Bangladesh are likely to sign an agreement to protect and promote bilateral investment during External Affairs Minister Pranab...more>>
Friday, 30 January 2009, 22:32 IST
New Delhi: Construction and engineering giant Larsen and Toubro (L&T) posted a 215.5 percent jump in its quarterly profit, primarily riding on the...more>>
Friday, 30 January 2009, 22:27 IST
Hyderabad: The Andhra Pradesh High Court Friday adjourned to Feb 9 the hearing on a petition by market regulator Securities and Exchange Board of...more>>
Friday, 30 January 2009, 22:21 IST
Mumbai: The small and medium businesses (SMBs) in the Asia Pacific will play a major role to stabilize the current turbulence in the IT sector. The...more>>
Friday, 30 January 2009, 17:39 IST
Bangalore: "India is a country that has a large pool of talented professionals even in the remotest areas, while they are not getting enough...more>>
Friday, 30 January 2009, 16:22 IST
New Delhi: In a move that will delay the launch of third generation (3G) mobile telephony in India, the Cabinet Committee of Economic Affairs...more>>
Friday, 30 January 2009, 15:56 IST
Bhopal: Asserting that the economic slowdown has not impacted Madhya Pradesh's industrial sector, state Industries Minister Kailash Vijayvargiya...more>>
Friday, 30 January 2009, 15:52 IST
Bangalore: The shackling economy has brought the business and employment outlook to an all time low. The net business outlook saw a dip by around...more>>
Friday, 30 January 2009, 15:52 IST
New Delhi: Auto major Tata Motors has bagged a contract worth Rs.22 billion (Rs.2,200 crore) from the Delhi Transport Corp (DTC) to supply 1,625...more>>
Friday, 30 January 2009, 15:51 IST
Tokyo: Toshiba Thursday projected that the company will record a 280 billion yen ($3.11 billion) in net and operating loss in fiscal 2008 as flash...more>>
Friday, 30 January 2009, 15:51 IST
Kolkata: Speciality steel and wire rope producer Usha Martin is planning to scale down cost of steel production from March, aimed at increasing its...more>>
Friday, 30 January 2009, 15:51 IST
Bangalore: Subex, a provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, has announced that it has...more>>
Friday, 30 January 2009, 15:50 IST
Chennai: The techies in three major cities - Chennai, Bangalore and Hyderabad are not taking care about financial and tax planning, according to 70...more>>
Friday, 30 January 2009, 15:48 IST
New York: U.S. automotive concern Ford reported Thursday that it lost $5.9 billion in the final quarter of 2008, boosting the full-year losses to...more>>
Friday, 30 January 2009, 15:44 IST
Kolkata: Tea plantation major McLeod Russel Thursday said its net profit rose 61.5 percent to Rs.485.9 million (Rs.48.59 crore/$10 million) in the...more>>
Friday, 30 January 2009, 15:15 IST
Surat: The Congress party Thursday asked the Gujarat government to take immediate steps to help recession-hit small and medium enterprises (SMEs)...more>>
Friday, 30 January 2009, 15:08 IST
London: Anglo-Dutch oil giant Royal Dutch Shell Thursday reported 2008 profits of $31.4 billion, despite a sharp fall in earnings in the last...more>>
Friday, 30 January 2009, 15:08 IST
Nairobi: Pirates have hijacked a German-owned tanker carrying liquefied petroleum gas (LPG) off the coast of Somalia, a maritime official said....more>>
Friday, 30 January 2009, 15:07 IST
New Delhi: The Delhi High Court Thursday slapped a fine of Rs. 1.75 million (17.5 lakh) on a construction company for misleading the court by...more>>
Friday, 30 January 2009, 14:47 IST
Bangalore: The global economic slowdown will dip the growth of the semiconductor (chip) market in India by over 50 percent, an industry study said....more>>
Friday, 30 January 2009, 00:28 IST
New Delhi: Auto major Maruti Suzuki Thursday reported 54.2 percent year-on-year dip in its net profit for the quarter ended Dec 31. The company...more>>
Friday, 30 January 2009, 00:10 IST
Mumbai: Private steel manufacturer Jindal Steel Wednesday announced standalone net loss of around Rs.1.28 billion (Rs.127.5 crore) for the quarter...more>>
Friday, 30 January 2009, 00:08 IST
New Delhi: India will join the International Renewable Energy Agency (IRENA), a world body that acts as the global voice for renewable energies to...more>>
Friday, 30 January 2009, 00:04 IST
Bangalore: Bangalore based Tata Consultancy Services (TCS) has signed a $100 million dollar agreement to provide managed IT services to 4UGroup,...more>>
Friday, 30 January 2009, 00:02 IST
Washington: MIT researchers have developed a technology that can precisely map huge underground oil deposits, significantly increasing crude...more>>
Friday, 30 January 2009, 00:01 IST
New Delhi: The government has approved the Rs.146-billion (Rs.14,600-crore) Chennai Metro Rail project, it said here Thursday. The project will...more>>
Thursday, 29 January 2009, 23:57 IST
New Delhi: The borrowing limit of state governments will be increased and their fiscal deficit targets relaxed to allow them raise funds for...more>>
Thursday, 29 January 2009, 23:56 IST
Tokyo: Sony Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because...more>>
Thursday, 29 January 2009, 23:53 IST
Mumbai: A cut in fuel prices failed to add impetus to Indian equities markets which slipped into the red Thursday. A key index fell 0.23 percent...more>>
Thursday, 29 January 2009, 23:40 IST
New Delhi: Commerce and Industry Minister Kamal Nath Thursday expressed hope that India's gross domestic product (GDP) will grow at 7-8 percent in...more>>
Thursday, 29 January 2009, 23:31 IST
Mumbai: The financial downturn has become the testing ground for the high profile jobs with many of the CIOs giving up their positions and Neeraj...more>>
Thursday, 29 January 2009, 22:26 IST
San Francisco: Microsoft is laying off 5,000 workers, Intel is closing five fabrication plants, and even mighty, can-do-no-wrong Google is slashing...more>>
Thursday, 29 January 2009, 22:18 IST
Tehran: Iran is interested to discuss a deal to supply gas to the energy-hungry European continent, the semi-official Fars news agency reported on...more>>
Thursday, 29 January 2009, 19:28 IST
Mumbai: Indian equities markets, which opened higher Thursday, continued to hold in the green territory a little before noon as global markets...more>>
Thursday, 29 January 2009, 19:23 IST
Tehran: Iran plans to put its first domestically made communication satellite into orbit by March 20, the head of the Iranian space agency has...more>>
Thursday, 29 January 2009, 19:16 IST
Washington: The International Monetary Fund (IMF) has lowered India and China's growth projections for 2009 to 5 percent and 6.75 percent...more>>
Thursday, 29 January 2009, 19:05 IST
Bangalore: The employees of Motorola in India are gravely affected by its job cuts plans with 500 employees being fired from its Bangalore and...more>>
Thursday, 29 January 2009, 17:58 IST
Washington: The world economy will grow by only 0.5 percent in 2009, the worst rate since end of World War II, as industrial nations battle a...more>>
Thursday, 29 January 2009, 17:57 IST
Bangkok/Geneva: Global unemployment would increase by 18 million to 51 million people this year from 2007 figures, depending on the extent and...more>>
Thursday, 29 January 2009, 17:25 IST
Mumbai: Tackling the ongoing recession, India's largest IT exporter Tata Consultancy Services (TCS) is looking to shift 20 percent of its onsite...more>>
Thursday, 29 January 2009, 16:51 IST
San Francisco: The downturn attack has made IBM resort to the same pink slip saga like many others but without the publicity. The company has...more>>
Thursday, 29 January 2009, 16:10 IST
Bangalore: Tata-Marcopolo Motors has begun commercial production of high-tech buses at its Dharwad plant in north Karnataka, the auto major said...more>>
Thursday, 29 January 2009, 15:52 IST
Kolkata: Former managing director of Maruti Suzuki Jagdish Khattar Wednesday said the condition of the slowdown-hit auto industry was improving...more>>
Thursday, 29 January 2009, 15:51 IST
New Delhi: A proposal from Dow Jones to publish facsimile editions of its newspapers and magazines like The Wall Street Journal and the Far Eastern...more>>
Thursday, 29 January 2009, 15:50 IST
Hyderabad: Oracle Education Foundation (OEF) will roll out its online learning platform 'ThinkQuest' in 500 schools in Andhra Pradesh. OEF and...more>>
Thursday, 29 January 2009, 15:48 IST
Bangalore: Norwest Venture Partners (NVP), promoted by angel investor Promod Haque, will invest Rs.200 million (Rs.20 crore) in infrastructure...more>>
Thursday, 29 January 2009, 15:47 IST
Kolkata: Manufacturers of batteries and packet tea, Eveready Industries, posted a net profit of Rs.84.3 million (Rs.8.43 crore) in the quarter...more>>
Thursday, 29 January 2009, 15:20 IST
Bangalore: The Karnataka government Wednesday decided to remove the beleaguered Maytas Infra - a firm associated with the fraud-hit Satyam Computer...more>>
Thursday, 29 January 2009, 15:14 IST
New Delhi: State-run Oil and Natural Gas Corp (ONGC) Wednesday reported a 43 percent dip in net profit in the quarter ended Dec 31, but expressed...more>>
Thursday, 29 January 2009, 15:11 IST
Lucknow: All teachers of government-run and aided educational institutions, civic employees and junior doctors in Uttar Pradesh will receive the...more>>
Thursday, 29 January 2009, 15:10 IST
Washington: The U.S. Federal Reserve Wednesday decided to keep a key interest rate unchanged at 0-0.25 percent, and also vowed to use all tools to...more>>
Thursday, 29 January 2009, 15:07 IST
Chicago: Boeing Co lost $56 million or eight cents per share in the fourth quarter, the company announced Wednesday. The revenues for the...more>>
Thursday, 29 January 2009, 15:06 IST
Vallabh Vidyanagar (Gujarat): Material handling equipment manufacturer Elecon Engineering Wednesday launched a software that stores health...more>>
Thursday, 29 January 2009, 15:00 IST
Bangalore: Globally, around 80,000 jobs have been terminated on Monday, January 26. Of this, 61,000 lay-offs happened at construction machinery...more>>
Thursday, 29 January 2009, 02:01 IST
Bangalore: At a time when Indian software services companies are increasingly cutting down their hiring targets due to slowdown, MNCs seem to be on...more>>
Thursday, 29 January 2009, 01:59 IST
Bangalore: The networking firm Cisco has acquired privately-held Richards-Zeta Building Intelligence, a provider of intelligent middleware...more>>
Thursday, 29 January 2009, 01:14 IST
New Delhi: Satyam scam is taking a new turn as a report put together by Hyderabad Income Tax (I-T) department in 2002 had found out that Ramalinga...more>>
Thursday, 29 January 2009, 00:36 IST
Bangalore: Founded in 1992, operations and business support systems (OSS/BSS) provider Subex has enhanced the capability of its data integrity...more>>
Wednesday, 28 January 2009, 23:25 IST
Bangalore: To create a link between academia and industry, U.S. based customer experience systems (CES) provider Amdocs has unveiled its second...more>>
Wednesday, 28 January 2009, 22:47 IST
Washington: The U.S. Treasury Department Tuesday unveiled new rules that will govern its efforts to stabilize the crumbling U.S. financial sector,...more>>
Wednesday, 28 January 2009, 22:47 IST
Mumbai: At a time when the internet has emerged as a part of the basic necessities of life, the internet users in India are unaware of its...more>>
Wednesday, 28 January 2009, 22:41 IST
Agartala: Bangladesh is keen to boost trade and commerce with northeastern India to narrow down its trade deficit with the country, an official...more>>
Wednesday, 28 January 2009, 22:41 IST
Mumbai: In a move to cater to the Indians through Japanese art, Japan based design agency Basco has launched its operations in Mumbai. Tetsu...more>>
Wednesday, 28 January 2009, 22:41 IST
Chennai: Chennai Port and Canada's Port of Halifax have signed an agreement for cooperation in port management activities, it was announced here...more>>
Wednesday, 28 January 2009, 22:38 IST
New Delhi: Sachin Duggal and Saurabh Dhoot, founders of Nivio, a company that developed technologies to make cloud computing more accessible and...more>>
Wednesday, 28 January 2009, 22:36 IST
Westford: Virtual Computer, a company redefining PC lifecycle management through virtualization, has secured $15 million in series B funding. The...more>>
Wednesday, 28 January 2009, 22:36 IST
Davos: The World Economic Forum (WEF) opened in Davos Wednesday with an aim to address the current economic crisis and other global challenges....more>>
Wednesday, 28 January 2009, 22:35 IST
San Mateo: Lucid Imagination has received $6 million in Series-A funding from Granite Ventures and Walden International with equal contributions...more>>
Wednesday, 28 January 2009, 22:32 IST
Hyderabad: The fraud-hit Satyam Computer Services has received several proposals from corporate entities and private equity (PE) firms to evaluate...more>>
Wednesday, 28 January 2009, 22:08 IST
New Delhi: The cabinet is likely to take up the issue of a fuel price cut Wednesday, just a day after Sonia Gandhi, chairman of the ruling United...more>>
Wednesday, 28 January 2009, 21:58 IST
New Delhi: Prime Minister Manmohan Singh is recuperating steadily after Saturday's beating heart bypass surgery and may be discharged by this...more>>
Wednesday, 28 January 2009, 19:03 IST
New York: Crude oil prices plunged nine percent Tuesday as weak U.S. economic data raised investors' concerns on energy demand. U.S. consumer...more>>
Wednesday, 28 January 2009, 18:24 IST
Chennai: Retaining an experienced nuclear scientist has become a major challenge now for the Indian nuclear establishment, with the private sector...more>>
Wednesday, 28 January 2009, 18:20 IST
San Francisco: Troubled Internet pioneer Yahoo swung to a quarterly loss Tuesday because of severance pay and write downs on its European...more>>
Wednesday, 28 January 2009, 18:18 IST
Bangalore: As an outcome of the global financial turbulence, Infosys has placed around 5000 employees or five percent of its total workforce under...more>>
Wednesday, 28 January 2009, 17:54 IST
CHENNAI: On Thursday January 29th 2009 (tomorrow), over 100 technology leaders from across Chennai will gather at the siliconindia Leadership...more>>
Wednesday, 28 January 2009, 17:53 IST
New Delhi: As part of cutting costs in a tough economic situation, Indian companies have started showing door to highly-paid expat executives. Most...more>>
Wednesday, 28 January 2009, 17:13 IST
Hyderabad: Founder and former chairman of Satyam Computer Services B. Ramalinga Raju has denied that he fudged number of employees in the company...more>>
Wednesday, 28 January 2009, 16:59 IST
Washington: An influential senator has asked U.S. companies to make efforts to fire foreign workers first while making lay-offs during the current...more>>
Wednesday, 28 January 2009, 16:54 IST
Chennai: Life Insurance Corp of India (LIC) policyholders have to brace up for a cut in bonuses as the insurer's surplus could take a hit of around...more>>
Wednesday, 28 January 2009, 16:52 IST
Washington: The man President Barack Obama has picked to steer the US out of its worst financial crisis in decades learnt his three Rs in India....more>>
Wednesday, 28 January 2009, 15:47 IST
New Delhi: The World Bank Tuesday announced $444 million aid to Orissa for infrastructure development and rural livelihood projects. The bank...more>>
Wednesday, 28 January 2009, 15:37 IST
Hyderabad: The Indian School of Business (ISB) has been ranked 15th in the global business school rankings by the Financial Times, London. This...more>>
Wednesday, 28 January 2009, 15:34 IST
Kolkata: With a drop in India's polymer exports due to the ongoing global slowdown, the industry has now reduced the target for 2008-09 from $4.3...more>>
Wednesday, 28 January 2009, 15:24 IST
Kolkata: The PlastIndia Foundation, an apex forum of the country's plastic industry, has signed an agreement with the Gujarat government for...more>>
Wednesday, 28 January 2009, 15:23 IST
Kolkata: Cement manufacturer Birla Corp Ltd Tuesday said cement prices will come under pressure in the current and next fiscals when the expected...more>>
Wednesday, 28 January 2009, 15:20 IST
Washington: U.S. consumer confidence continued to fall to new lows in the first month of 2009 as the world's largest economy struggles through a...more>>
Wednesday, 28 January 2009, 15:15 IST
London: The British government Tuesday announced a loan guarantee scheme totalling 2.3 billion pounds ($3.2 billion) to help carmakers and supply...more>>
Wednesday, 28 January 2009, 15:14 IST
Washington: The U.S. Treasury Department Tuesday unveiled new rules that will govern its efforts to stabilise the crumbling U.S. financial sector,...more>>
Wednesday, 28 January 2009, 15:13 IST
New York: prices plunged nine percent Tuesday as weak US economiestors' concerns on energy demand. US consumer confidence dropped to a record...more>>
Wednesday, 28 January 2009, 15:11 IST
Rohtak (Haryana): Haryana's Maharshi Dayanand University (MDU) Tuesday became a completely Wi-Fi (wireless fidelity) campus with the commencement...more>>
Wednesday, 28 January 2009, 14:58 IST
Mumbai: Mumbai based Kale Consultants, an airline and travel software solutions and outsourced services provider, has recorded 26 percent...more>>
Wednesday, 28 January 2009, 00:55 IST
Bangalore: Forum Nokia has announced that three of the eleven finalists of Calling All Innovators, a global mobile application development...more>>
Wednesday, 28 January 2009, 00:28 IST
Mumbai: The shrinking returns from hedge funds have hit the investors' confidence leading to the shutting down of many Asia focused funds. The...more>>
Tuesday, 27 January 2009, 23:48 IST