COMPANIES NEWS - Page 400

Worst is over for economy: GE CEOSubscriber Only

May 28, 2009 11:53 IST

Immelt said credit and capital markets have improved,making it easier to raise funds.

High Court denies relief to Maytas InfraSubscriber Only

May 27, 2009 12:06 IST

Bombay HC has denied any interim relief to Maytas in a dispute related to expansion of NH 68.

Bharti-MTN largest telecom deal this yearSubscriber Only

May 26, 2009 15:48 IST

The Sunil Mittal-controlled Bharti Airtel and South Africa-based MTN group's proposed USD 23-billion mega deal is the largest global telecommunications transaction and the fourth biggest global M&A deal this year.

MTN funding won’t be onerous: BhartiSubscriber Only

May 26, 2009 14:04 IST

Bharti which has restarted MTN merger talks said it does not expect funding requirements for the deal to be onerous.

Crunch time looms for GM,ChryslerSubscriber Only

May 26, 2009 13:16 IST

General Motors,which has received $19.4 billion in government,has been struggling to cut costs.

ONGC to lose Rs 14,000 cr in Cairn’s oilfieldsSubscriber Only

May 25, 2009 15:10 IST

ONGC will lose about Rs 14,000 crore if it is forced to continue in Cairn India's Rajasthan oilfields.

Ranbaxy CEO Malvinder Singh quitsSubscriber Only

May 24, 2009 19:10 IST

Atul Sobti,currently Ranbaxy's COO,has been appointed as new CEO and MD of the firm.

ABB UK selects TCS for ERP implementation and supportSubscriber Only

May 19, 2009 15:14 IST

ABB UK has operations in over 12 main locations,with around 2,300 employees.

Strike ends at Nestle’s Pantnagar plantSubscriber Only

May 19, 2009 14:33 IST

Packaged food maker Nestle India said the strike at its Pantnagar (Uttarakhand) plant has been called-off and workers at the factory have resumed work.

AT&T to offer cloud-based storageSubscriber Only

May 18, 2009 11:22 IST

AT&T said on Monday it will initially run the service from two data centers in the United states.

Pink slips galore at Jet AirwaysSubscriber Only

May 15, 2009 16:04 IST

Jet has been laying off crew and 30-50 employees are being given pink slips almost on a daily basis.

Maruti launches Ritz; priced at Rs 3.90-4.99 lakhSubscriber Only

May 15, 2009 12:43 IST

Maruti Suzuki India,launched its latest small car Ritz in both petrol and diesel variants,offered at an introductory price of Rs 3.90-4.99 lakh.

340 independent directors quit in 2009Subscriber Only

May 14, 2009 15:29 IST

As many as 340 independent directors resigned so far this year,fearing for their reputation.

Exit won’t relieve ONGC of levy on Raj crudeSubscriber Only

May 14, 2009 13:11 IST

Even if it quits the Rajasthan oil fields,ONGC will be under obligation to pay govt levies.

DLF to raise Rs 3980 cr by selling 10% stakeSubscriber Only

May 13, 2009 11:01 IST

The founders of DLF on Wednesday sold around 11 pct of their stake,raising more than $800 mn.

Ford to sell 300 mn common sharesSubscriber Only

May 12, 2009 08:56 IST

Ford Motor said that it would sell 300 mn common shares to pay off its healthcare obligations.

Tata Steel may shut Teesside plantSubscriber Only

May 8, 2009 14:27 IST

Tata Steel has opened talks which might lead to the closing of plant in England and large job cuts.

Oracle won’t divest Sun’s hardware bizSubscriber Only

May 8, 2009 10:31 IST

Oracle Corp CEO Larry Ellison said he won't sell off Sun Microsystems Inc's hardware business.

AIG to post first-quarter loss: SourceSubscriber Only

May 5, 2009 14:44 IST

American International Group Inc is expected to post a first-quarter loss on Thursday.

Citigroup eyes new ways to pay employeesSubscriber Only

May 5, 2009 14:32 IST

Citigroup may put more employees on commission or offer them larger base salaries.

Jet hands over pink slips to 110 employeesSubscriber Only

May 1, 2009 17:16 IST

Faced with mounting costs and falling revenues,private airline Jet Airways has laid off 110 employees.

Maruti sales up 15% in AprilSubscriber Only

May 1, 2009 13:08 IST

Car market leader Maruti Suzuki India Limited reported a 15.09% increase in sales during April at 71,748 vehicles.

ArcelorMittal posts net loss of $1.1 bn in Q1Subscriber Only

April 29, 2009 11:35 IST

Steel behemoth ArcelorMittal reported a $1.1 bn loss in the first quarter ended March 2009.

TCS to move staff abroad back to IndiaSubscriber Only

April 26, 2009 12:59 IST

Tata Consultancy Services (TCS) said that it will relocate staff abroad into India.

Ranbaxy posts Q1 net loss of Rs 7.78 bnSubscriber Only

April 24, 2009 16:48 IST

Ranbaxy on Friday reported a huge quarterly net loss,as it lost money on derviatives valuations.

Though the EC’s media invitation did not specify the subject, officials said the briefing would pertain to the SIR schedule. (File)

EC to announce dates for nationwide Special Intensive Revision tomorrow

India1 hr ago

The EC will announce the schedule for the Special Intensive Revision of electoral rolls in multiple states, including Assam, Kerala, Puducherry, Tamil Nadu, and West Bengal, on Monday. The exercise, which hasn't been conducted in two decades, aims to update the rolls and eliminate duplicate entries and foreign nationals.

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