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Companies » News » News

Phaneesh Murthy to lose his severance benefits of $1 mn

22 May 2013

Phaneesh Murthy who lost his job of president and CEO of IT services company iGate on Tuesday over charges of sexual harassment may lose his ...

Jet promoter looks for exemption to divest stake to meet public floating norms

22 May 2013

Etihad Airways will have three members on the Jet Airways Board post the preferential allotment of shares to the foreign airlines

3G generated one third of mobile data in India in 2012: Nokia Siemens

22 May 2013

3G services generated about one third of the total mobile data in India in 2012 on the back of tariff reduction by the operators in middle of ...

Netxcell inks pact with African firm

22 May 2013

Netxcell would provide technology solutions like IVR-baseed services, voice chat and information and subscription dialers

Jury is still out on Ranbaxy

22 May 2013

The long-drawn judicial process related to Ranbaxy's issues may have come to an end with the company agreeing to pay the penalty, but there are ...

Govt's development agenda may take backseat in election yr: L&T

22 May 2013

Naik's comment, made while announcing L&T's annual financial results, coincides with UPA government's ninth anniversary today

SAP to work with Specialisterne to employ people with autism

22 May 2013

SAP sees a potential competitive advantage to leveraging the unique talents of people with autism

No cartelisation by telecom operators: Vodafone

22 May 2013

CAG has said cartelisation by telecom firms in the last two auctions had resulted in spectrum valued at thousands of crores being wasted

Govt okays quadricycle as mode of public transport

22 May 2013

Fifteen years since Tata Motors first mooted the idea of a quadricycle with concept micro car 'Zing' at the Delhi Auto Show, the four-wheeled ...

Ranbaxy to lay off one-third field force globally

22 May 2013

Even as trouble thickens for drug maker Ranbaxy Laboratories, the company is now considering to downsize its sales force globally by around ...

Sebi settles case against Fortis Healthcare Holdings

22 May 2013

Fortis had filed for settlement under Sebi's consent order mechanism "in respect of the change in its shareholding in Fortis Healthcare Ltd ...

SAIL spends Rs 44,536 cr on capex in 7 yrs

22 May 2013

SAIL spent Rs 8,993 crore on capex last fiscal, the lowest since 2009-10, according to an internal note of the state- owned company

Ranbaxy has taken steps to ensure quality control: Sawhney

22 May 2013

The generic drugs at issue were manufactured at Ranbaxy's facilities in Paonta Sahib and Dewas in India

IL&FS PE plans to float segment-specific infra funds in FY14

22 May 2013

ILFS Investment Managers Ltd, private equity arm of IL&FS group, plans to set up segment-specific infrastructure funds to make investment in ...

Max Life profit up 17% at Rs 860 cr in FY'13

22 May 2013

The company had earned profit before tax of Rs 733 crore in the previous fiscal

Hitachi unveils cloud solutions and services for enterprises

22 May 2013

HDS claims that it is industry's first integrated file sync and share solution that is built, sold and supported for the enterprises entirely by ...

Cement makers line up for PE funding

22 May 2013

The cement companies in India, which are on expansion spree, have found a helping hand for funding their business plans- Private Equity

Emami bags two international awards for packaging

22 May 2013

Emami Limited, an FMCG company received two international awards for packaging from WORLDSTAR 2013. The awards saw participation from 33 ...

Sahara pulls out of IPL to save Rs 400 crore annually

22 May 2013

Sahara will be able to save nearly Rs 400 crore annually after its decision to withdraw from the Indian Premier League (IPL) and also its call ...

Reliance Jio to roll out 4G services in metros by March 2014

22 May 2013

Reliance Jio Infocomm, the telecom arm of Reliance Industries, plans to roll out 4G services in metro cities by the end of current financial

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