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Mumabi: As stock brokers avoid paying income tax of about Rs. 500 crore on the pretext of claiming depreciation on their Bombay Stock Exchanges...more>>
Saturday, 28 February 2009, 00:52 IST
New Delhi: Prime Minister Manmohan Singh Thursday said India would emerge "the least affected" country in the world from the current global...more>>
Saturday, 28 February 2009, 00:12 IST
New Delhi: The economic downturn doesn't seem to have dampened the enthusiasm of India's media entrepreneurs as applications of 97 private...more>>
Saturday, 28 February 2009, 00:10 IST
New Delhi: The list of companies that will be granted licences for mobile number portability (MNP) - a technology that enables cellphone users to...more>>
Saturday, 28 February 2009, 00:09 IST
New Delhi: State-run telecom major Bharat Sanchar Nigam (BSNL), in association with U.S.-based WiMax solutions provider SOMA networks, Thursday...more>>
Saturday, 28 February 2009, 00:06 IST
Washington: Ranbaxy Laboratories' Japanese parent, Daiichi Sankyo, Thursday said it took the U.S. Food and Drug Administration (USFDA)'s allegation...more>>
Saturday, 28 February 2009, 00:05 IST
New York: U.S. automotive giant General Motors reported Thursday that it lost $30.9 billion in 2008, its fourth straight year of losses. The...more>>
Saturday, 28 February 2009, 00:00 IST
Bangalore: IT infrastructure solutions and services firm Frontier Business Systems has set up a $4-million (Rs.200 million/Rs.20 crore) green data...more>>
Friday, 27 February 2009, 23:59 IST
New Delhi: Telecom major Reliance Communications (RCom), part of the Reliance Anil Dhirubhai Ambani Group (ADAG), Thursday announced the...more>>
Friday, 27 February 2009, 23:57 IST
Hyderabad: Maytas Infra, the infrastructure firm owned by the son of disgraced former chairman of Satyam Computer Services B. Ramalinga Raju, has...more>>
Friday, 27 February 2009, 23:55 IST
New Delhi: Two days after the government slashed two percent from the excise duty, electronics goods manufacturer Samsung and satellite TV service...more>>
Friday, 27 February 2009, 23:52 IST
Los Angeles: MarketShare Partners (MSP), marketing analytics firm, has announced that private equity firm Elevation Partners has made a minority...more>>
Friday, 27 February 2009, 23:50 IST
Hyderabad: The government-appointed directors of Satyam Computers met here Thursday but did not issue a statement on their discussions and...more>>
Friday, 27 February 2009, 23:50 IST
Wellington: The New Zealand government would consider subsidising a day off every two weeks for workers to try to save jobs as the international...more>>
Friday, 27 February 2009, 23:46 IST
Tokyo: Sony's president is to resign in April as the company was forecasting a record loss in the current business year because of a surge in the...more>>
Friday, 27 February 2009, 23:44 IST
New Delhi: India had an estimated 16.5 million service enterprises in 2006-07, with 60 percent of them in rural areas and 90 percent in the form of...more>>
Friday, 27 February 2009, 23:38 IST
New Delhi: The fears of a sharp slowdown in India were confirmed Friday, with official data showing economic growth at just 5.3 percent for the...more>>
Friday, 27 February 2009, 23:34 IST
London: U.K. based internet start-up Imagini, inventor of VisualDNA, has secured an additional $13.5 million in funding in its second round since...more>>
Friday, 27 February 2009, 23:21 IST
Bangalore: Seventymm, an organized movie rental service in India and Jet Airways, India's premier airlines have joined hands to form an...more>>
Friday, 27 February 2009, 22:58 IST
Bangalore: The newly appointed board of Satyam Computer Services has decided to allow non-IT firms also to bid for the software firm. A person...more>>
Friday, 27 February 2009, 22:22 IST
Mumbai: As the cash-strapped retail chain Subhiksha is finding it difficult to repay the dues of around Rs.10 crore to telecom company Tata...more>>
Friday, 27 February 2009, 21:35 IST
New Delhi: The Red Cross is set to face a fund crunch for its myriad humanitarian work due to the global economic downturn and is looking to...more>>
Friday, 27 February 2009, 19:35 IST
Toronto: A Canadian professor will work with his counterpart at the Indian Institute of Technology (IIT) in New Delhi to find solutions to wireless...more>>
Friday, 27 February 2009, 19:33 IST
Bangalore: Software multinationals in India have begun freezing wage increases, slashing salaries and postponing merit-based hikes, a study by...more>>
Friday, 27 February 2009, 19:31 IST
Washington: The number of Americans living on unemployment benefits has topped five million for the first time with as many as 667,000 filing...more>>
Friday, 27 February 2009, 19:19 IST
Washington: An Indian American jewellery executive and a former Toronto-based U.S. diplomat have pleaded guilty to trading gemstone rings, trips...more>>
Friday, 27 February 2009, 19:15 IST
New Delhi: The growth of India's gross domestic product (GDP) dropped to 5.3 percent in the third quarter ending Dec 31 last year, compared to a...more>>
Friday, 27 February 2009, 19:11 IST
San Francisco: It hardly took six weeks for U.S. Internet firm Yahoo's Chief Executive Carol Bartz to diagnose the problem of the ailing company....more>>
Friday, 27 February 2009, 18:42 IST
Kolkata: IT and business solutions major Tata Consultancy Services (TCS) Thursday announced a slew of measures, including reviewing the variable...more>>
Friday, 27 February 2009, 15:37 IST
Washington: U.S. President Barack Obama Thursday unveiled a budget blueprint for 2010 projecting a stunning deficit of $1.75 trillion for the...more>>
Friday, 27 February 2009, 15:34 IST
Mangalore: Even as the world is wailing about the deepening recession and the resultant job cuts, Mysore based Software Paradigms Infotech (SPI) is...more>>
Friday, 27 February 2009, 15:31 IST
New Delhi: India's ambitious e-network project, linking leading universities and hospitals in this country with their counterparts in 11 African...more>>
Friday, 27 February 2009, 15:27 IST
Washington: New home sales in the U.S. plunged 10.2 percent in January to a seasonally adjusted annual rate of 309,000 units, the lowest level on...more>>
Friday, 27 February 2009, 15:26 IST
New Delhi: India is expected to miss the export target of $200 billion this fiscal due to the global meltdown, Commerce Minister Kamal Nath said...more>>
Friday, 27 February 2009, 15:20 IST
Bangalore: "Animation industry in India is expected to grow by CAGR of 27 percent to reach at $1163 million by 2012 and digital content creation...more>>
Friday, 27 February 2009, 01:25 IST
Hyderabad: InsideView, a leading player in on-demand Business Search and Intelligence applications, has said that it has plans to double the...more>>
Friday, 27 February 2009, 01:15 IST
New Delhi: The central government Thursday approved the relaxation of fiscal deficit targets of states for the next financial year by allowing them...more>>
Thursday, 26 February 2009, 23:42 IST
Bangalore: IBM has announced the launch of the Gen-next technology challenge, IBM Blue Battle, in over 25 leading engineering colleges across...more>>
Thursday, 26 February 2009, 23:40 IST
New Delhi: The cabinet Thursday approved a six percent hike in the dearness allowance paid to central government employees and pensioners,...more>>
Thursday, 26 February 2009, 22:51 IST
New Delhi: India's annual rate of inflation fell further in the week ended Feb 14 to 3.36 percent from 3.92 percent the week before, official data...more>>
Thursday, 26 February 2009, 22:49 IST
New Delhi: The global meltdown has forced about 20,000 Indians to return home after losing jobs abroad, the government said Thursday. According...more>>
Thursday, 26 February 2009, 22:46 IST
Thiruvananthapuram: Kerala is keen to log its presence on the IT map of India.A high-powered delegation is headed for Hannover next month for the...more>>
Thursday, 26 February 2009, 22:43 IST
Waltham: Aveksa, a provider of enterprise access governance solutions has closed a $10 million series C round of financing. FTV Capital led the...more>>
Thursday, 26 February 2009, 22:37 IST
Mumbai: Ranbaxy Laboratories' stock fell a drastic 17 percent Thursday as investors panicked after the U.S. Food and Drug Administration (FDA)...more>>
Thursday, 26 February 2009, 22:37 IST
San Mateo: Appirio, an on-demand products and professional services company, has secured $10 million in Series C financing from GGV Capital and...more>>
Thursday, 26 February 2009, 22:16 IST
Helsinki: The world's top cellphone maker Nokia is planning to try a hand at laptop business. "We are looking very actively at the opportunity...more>>
Thursday, 26 February 2009, 21:46 IST
San Carlos: Aster Data Systems, a provider of the best analytic databases for frontline data warehousing, has closed an extension to its...more>>
Thursday, 26 February 2009, 21:14 IST
New Delhi: Amidst economic downturn, privately held businesses (PHBs) in India are likely to see an increase in employment opportunities this year....more>>
Thursday, 26 February 2009, 19:59 IST
News of downsizing is bad news for any employee. Though downsizing is a common strategy adopted by organisations to cut costs and keep performance...more>>
Thursday, 26 February 2009, 19:52 IST
Bangalore: Indian IT industry body Nasscom has reacted cautiously to US President Barack Obama's remarks on outsourcing, saying global outsourcing...more>>
Thursday, 26 February 2009, 19:45 IST
Toronto: Toronto-based telephone equipment maker Nortel Networks, which filed for bankruptcy protection in January, is axing 3,200 positions...more>>
Thursday, 26 February 2009, 19:41 IST
Bangalore: Remote Infrastructure Management Outsourcing (RIMO) market is expected to touch $5.9 billion in 2009 and $8.6 billion in 2010, says the...more>>
Thursday, 26 February 2009, 19:27 IST
Mumbai: Google is betting big on upcoming Indian Premier League (IPL) as they are all set to make its social networking site Orkut open for...more>>
Thursday, 26 February 2009, 19:20 IST
Bangalore: The credit crunch does not cease to take toll on jobs. As customers tighten IT budgets and demand more projects be executed offshore for...more>>
Thursday, 26 February 2009, 18:18 IST
Anand: The Gujarat Cooperative Milk Marketing Federation, better known for its brand name Amul, is looking at a turnover of Rs.65 billion this...more>>
Thursday, 26 February 2009, 16:00 IST
Haridwar: With the food processing industry in India growing 13.7 percent annually, India is set to be become the food factory of the world, says...more>>
Thursday, 26 February 2009, 15:57 IST
New Delhi: Eyeing the increasing number of Indian tourists to Britain, the British tourism authority Wednesday launched a new initiative to...more>>
Thursday, 26 February 2009, 15:54 IST
Chennai: The city-based Coastal Energen, the Indian arm of Coal and Oil group of Dubai that is promoting a Rs.45-billion (Rs.4,500-crore) thermal...more>>
Thursday, 26 February 2009, 15:53 IST
New Delhi: The government has no immediate plans to reduce diesel prices even though global oil prices are at record low levels, Petroleum Minister...more>>
Thursday, 26 February 2009, 15:50 IST
Hyderabad: The government-appointed directors of Satyam Computer Services are set to meet here Thursday amid indication they are yet to receive the...more>>
Thursday, 26 February 2009, 15:49 IST
New Delhi: Corporate Affairs Minister P.C. Gupta Wednesday said once the revised Companies Act becomes law, it would provide more teeth to...more>>
Thursday, 26 February 2009, 15:46 IST
New Delhi: The government Wednesday launched Bachat Lamp Yojna, an energy scheme aimed at saving 10,000 MW of power in the next three years....more>>
Thursday, 26 February 2009, 15:44 IST
Hyderabad: The Andhra Pradesh government Wednesday promised to render all possible assistance to the Central Bureau of Investigation (CBI) in...more>>
Thursday, 26 February 2009, 15:33 IST
New Delhi: Reliance Communications (RCom), an Anil Ambani-owned company, has been assigned the highest quality rating of a leading credit rating...more>>
Thursday, 26 February 2009, 15:30 IST
New Delhi: The Federation of Indian Chamber of Commerce and Industry Wednesday expressed concern over U.S. President Barack Obama's statement on...more>>
Thursday, 26 February 2009, 15:28 IST
Chennai: R. Subramanian, Managing Director of the troubled retail chain Subhiksha, Wednesday said he was ready to quit if it would help in reviving...more>>
Thursday, 26 February 2009, 15:26 IST
Washington: The U.S. government has began a review of the viability of Wall Street's largest banks, but officials denied that nationalisation plans...more>>
Thursday, 26 February 2009, 15:24 IST
New Delhi: The government Wednesday said it has accepted the telecom regulator's proposal to allow companies to offer mobile phone services without...more>>
Thursday, 26 February 2009, 15:18 IST
Bangalore: Indian IT bellwethers Infosys Technologies and Wipro Wednesday expressed confidence that the U.S. would not take any measure that would...more>>
Thursday, 26 February 2009, 15:16 IST
Washington: In a message that may not be music to Indian outsourcing firms, U.S. President Barack Obama has served notice that he would end the tax...more>>
Thursday, 26 February 2009, 15:10 IST
Mumbai: GIGABYTE Technology, a manufacturer of motherboards and graphics cards has launched the new GIGABYTE GA-EG45M-UD2H powered by the Intel G45...more>>
Thursday, 26 February 2009, 01:26 IST
New Delhi: Corel Corporation today introduced Corel Painter 11, the newest edition of one of world's leading painting and illustration software....more>>
Thursday, 26 February 2009, 01:09 IST
New Delhi: India's IT services firm HCL Technologies has shown door to 450 employees at its Delhi and Bangalore offices. A majority of those axed...more>>
Thursday, 26 February 2009, 00:25 IST
Bangalore: Virgin Mobile, a youth focused mobile service brand in India, today announced the launch of its ultra stylish slider handset, vGlide,...more>>
Thursday, 26 February 2009, 00:20 IST
Mumbai: Syntel, a global IT services and Knowledge Process Outsourcing (KPO) firm, has appointed Keshav R. Murugesh as the Chief Executive Officer...more>>
Wednesday, 25 February 2009, 23:55 IST
Chennai: The Defence Research and Development Organization (DRDO) will be developing around 12 futuristic systems in five years for incorporation...more>>
Wednesday, 25 February 2009, 23:50 IST
New Delhi: The Enforcement Directorate has sought permission from the finance ministry to obtain some key documents from Iraq, Jordan and Lebanon...more>>
Wednesday, 25 February 2009, 23:38 IST
London: The British biotech firm Heptares Therapeutics has raised 21 million pounds ($30.6 million) in the Series A round of private equity funding...more>>
Wednesday, 25 February 2009, 23:23 IST
Bangalore: Drug developer e-Therapeutics plans to raise two million pounds ($2.9 million) through a private share placement and loan notes to fund...more>>
Wednesday, 25 February 2009, 23:09 IST
Mumbai: The settlements system in Indian equities markets was robust and has successfully tackled redemption pressures in the past, the markets...more>>
Wednesday, 25 February 2009, 22:57 IST
Mumbai: Indian equities markets closed Wednesday on a tame note with a key index ending only 0.68 percent above its previous close. The 30-scrip...more>>
Wednesday, 25 February 2009, 22:55 IST
Thiruvananthapuram: Contrary to media reports, there has been no "exodus" of the diaspora from the Middle East to India, and remittances are not...more>>
Wednesday, 25 February 2009, 22:27 IST
New Delhi: You may have to wait a little longer than expected before you start paying less to access the Internet through a high speed broadband...more>>
Wednesday, 25 February 2009, 22:23 IST
New Delhi: The telecom watchdog Wednesday said broadcasters should not have any control over distribution operations and vice-versa. "Any entity...more>>
Wednesday, 25 February 2009, 22:15 IST
Bangalore: When chaos over the work permits in the U.S. and stiff measures on H1B visa allocation after the transformation in the country's...more>>
Wednesday, 25 February 2009, 22:12 IST
Singapore: Emboldening its commitment to create green power for electronics, STMicroelectronics, a global player in power semiconductors, has...more>>
Wednesday, 25 February 2009, 21:57 IST
Washington: America will overcome its crisis, Louisiana Governor Bobby Jindal has asserted, drawing upon his personal experience as the son of an...more>>
Wednesday, 25 February 2009, 20:08 IST
New Delhi: The excise and service tax cut announced by the government Tuesday will heighten concern about India's large public debt and result in...more>>
Wednesday, 25 February 2009, 20:02 IST
New Delhi: Bharti Telesoft, a provider of integrated VAS solutions for mobile operators in emerging markets has signed a Memorandum of...more>>
Wednesday, 25 February 2009, 19:47 IST
New Delhi: Questioning Employees' State Insurance Corporation's (ESIC) move of awarding a Rs1,200 crore IT contract to Wipro, Tata Consultancy...more>>
Wednesday, 25 February 2009, 19:40 IST
Hyderabad: 3i India Infrastructure Fund, managed by 3i Group, a global private equity firm will invest $161 million (Rs800 Crore) for an...more>>
Wednesday, 25 February 2009, 19:17 IST
Washington: Louisiana's Indian American Governor Bobby Jindal is expected to offer a spirited criticism of the Democrats' stimulus plan while...more>>
Wednesday, 25 February 2009, 15:58 IST
New Delhi: External Affairs Minister Pranab Mukherjee Tuesday got the Lok Sabha's nod to cut excise duty and service tax by 2 percent in what is...more>>
Wednesday, 25 February 2009, 15:55 IST
New Delhi: Home Minister P. Chidambaram Tuesday said the 2-percent excise and service tax cuts announced by the government will boost production,...more>>
Wednesday, 25 February 2009, 15:53 IST
Chennai: The decision of private equity fund ICICI Venture, a minority shareholder in Subhiksha Trading Services, to sell 10 percent stake in the...more>>
Wednesday, 25 February 2009, 15:51 IST
New Delhi: GMR Energy has acquired 33.5 percent stake in Canada-based Homeland Energy Group (HEG), it was announced Tuesday. HEG has strategic...more>>
Wednesday, 25 February 2009, 15:49 IST
New Delhi: India's state-run oil marketing companies (OMCs) have put on hold their plans to invest in ethanol projects in Brazil due to the current...more>>
Wednesday, 25 February 2009, 15:48 IST
Washington: U.S. consumer confidence slid to a new low in February as the world's largest economy continues to battle recession, a private research...more>>
Wednesday, 25 February 2009, 15:45 IST
New Delhi: India Inc Tuesday welcomed the government's decision to reduce excise and service tax by 2 percent besides extending 4 percent excise...more>>
Wednesday, 25 February 2009, 15:44 IST
Washington: If massive government action to revive the U.S. economy is successful, the recession affecting the world's largest economy could begin...more>>
Wednesday, 25 February 2009, 15:40 IST