Business News
Tata Consultancy, Hilton Worldwide tie up for IT services
Tata Consultancy Services (TCS) Wednesday said it has signed a multi-year agreement with global hospitality company Hilton Worldwide to enhance its technology strategy as part of its ‘Hilton Worldwide Innovation Collaborative’ initiative.“The innovation collaborative will evolve Hilton Worldwide’s technology infrastructure and accelerate innovation across…
World Bank gives $45 million loan for improving highways
The World Bank Wednesday extended to India $45 million technical assistance loan to help strengthen institutional capacity of its National Highways Authority (NHAI).The technical assistance loan from the World Bank’s International Bank for Reconstruction and Development unit has a five-year grace period, and a…
Panasonic India targets Rs.3,000 crore turnover
Consumer durables firm Panasonic India aims to almost triple its turnover to cross the Rs.3,000 crore mark by the end of the 2010-11 fiscal, a top company official said here Wednesday.The company, a subsidiary of Osaka-headquartered Japanese firm Panasonic Corp, had a turnover of…
India formally bans onion exports, allows import at zero duty
In a bid to bring down the spiralling prices of onions, India Wednesday formally notified a ban on its exports while permitting imports at zero duty with immediate effect.Earlier, the government had doubled the minimum export price of onions from the country, the second…
Sensex opens 58 points up on positive global cues
A benchmark index of Indian equities opened 50 points higher Wednesday, taking positive cues from global stocks.The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 20,118.82 points, up 58.50 points from the previous close, after gaining nearly one percent Tuesday.…
Telecom firms ask government not to stop 3G phone services
Telecom operators Tuesday asked the government not to stop the roll-out of third generation (3G) phone services, saying they will soon come up with a method to intercept the calls for security purposes.“We are working with the government and have asked them not to…
Stinging onion prices make buyers cry
Sky-rocketting onion prices are literally bringing tears to the eyes. With rates shooting to Rs.70-80 per kg, the humble bulb has become really pricey, forcing people to drastically chop their purchase of the mainstay vegetable.“What option do we have but not to buy onions,”…
Onion prices soar, curbs imposed on exports
The central government Monday banned fresh permits for onion exports till Jan 15 following a big jump in its price in local markets.Onion is currently selling between Rs.60-70 per kg in local markets.A food ministry official told reporters that agriculture cooperative major, National…
Infosys ranked top for retail IT services
India’s IT bellwether Infosys Technologies Ltd has been ranked number one among retail IT services providers worldwide for 2010 in a global evaluation, the company said Monday.The Bangalore-based global software major emerged top in the evaluation by the US-based Retail Info Systems News (RIS)…
Ranbaxy’s South African arm bags $133 million order
Pharma major Ranbaxy Laboratories Monday said that its South Africa-based joint venture, Sonke Pharmaceuticals, has won a 913.5 million rand ($133 million) order in that country for supplying anti-retroviral (ARV) drugs for prevention and treatment of AIDS.Anti-retroviral drugs are meant for treatment of infection…
Recommended News
Recent News
Japan stocks continue to gain despite the Brexit turmoil
Japanese shares on Tuesday continued to roll back losses from last Friday's sharp post-Brexit tumble.
After initial losses in morning……
VW US emissions settlement reported to cost $15bn
German carmaker Volkswagen has reportedly reached a $15bn (£11.3bn) settlement with US car owners after admitting it cheated emission tests.……
EU referendum: What next for the world's central banks?
Economic policymakers must now decide whether and how they should respond to the UK's vote to leave the EU.
A……
Tesco To Sell Coffee Chain To Caffe Nero
Shares rise as the supermarket reveals plans to sell its coffee business and reports more sales growth for the wider……
Flat Day For Pound As EU Vote Looms Large
A much calmer session for the pound and world stock markets, reflecting relative calm despite the referendum on Thursday.
Sterling……
More Than 1,280 Business Leaders Urge Remain
Figures such as Richard Branson and Charles Dunstone join printers and farmers in calling on people to reject Brexit on……
China builds world's most powerful computer
A new supercomputer from China has topped the latest list of the world's most powerful machines.
The 93 petaflop Sunway……
Telcos better network quality; more to be done for call drops
Most of the telecom operators have shown improvement in network performance although Airtel, Vodafone, Reliance, Aircel and Idea need to……
Markets end higher taking Rexit in stride, easing Brexit worries
Markets ended higher on Monday after opinon polls in Britain over the weekend, ahead of the referendum on Thursday, increased……
Govt approves 100% FDI in aviation, defence, e-commerce
Government on Monday relaxed foreign direct investment norms in a host of sectors including civil aviation, single-brand retail, defence and……
More Business News