COMPANIES NEWS - Page 402

Volkswagen could overtake Toyota as world No.1Subscriber Only

April 17, 2009 10:57 IST

Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter.

Indian investors most optimistic in AsiaSubscriber Only

April 16, 2009 15:31 IST

Indian investors have emerged as most optimistic lot in Asia in Q1 of FY10,a survey says.

Export-status of RIL refinery endsSubscriber Only

April 16, 2009 14:24 IST

Reliance can now sell fuel locally including through its 1,432 now-closed petrol pumps.

Funskool aims to increase retail network by 10 pctSubscriber Only

April 16, 2009 14:15 IST

Toy maker Funskool India is looking to increase its retail distribution network by 10 per cent this fiscal.

Spice Televentures to up stake in Spice MobilesSubscriber Only

April 16, 2009 11:36 IST

Spice Televentures will acquire 32.13 million shares or 43.05 per cent of Spice Mobiles equity.

AIG may sell US auto unit to ZurichSubscriber Only

April 16, 2009 11:31 IST

A deal could be announced soon,the source said,but added that it had not been finalized.

eBay to buy Gmarket for up to $1.2 bnSubscriber Only

April 16, 2009 11:27 IST

eBay Inc offered to buy South Korean online retailer Gmarket Inc for up to $1.2 billion.

Satyam moves CLB for Tech Mahindra saleSubscriber Only

April 15, 2009 16:53 IST

The IT company moved the Company Law Board to seek approval of its sale to Tech Mahindra.

ICAI miffed at Satyam stake saleSubscriber Only

April 15, 2009 14:55 IST

ICAI was 'disappointed' that the deal was done even before Satyam's accounts were restated.

Mittal to transfer 50% of Kazakh oil field stake to OVLSubscriber Only

April 15, 2009 12:56 IST

Lakshmi N Mittal has offered to sell half of his stake in a Kazakhstan oil field to state-run ONGC Videsh.

Pantaloon to realign cos; raise 1500 crSubscriber Only

April 15, 2009 11:44 IST

It intends to complete in the next two months legalities for its plans to raise Rs 1,500 crore.

Infosys Q4 profit up 29%Subscriber Only

April 15, 2009 09:44 IST

Beating market forecasts,Infosys Technologies posted a 29% rise in quarterly profit.

Tech Mahindra joins top tier with SatyamSubscriber Only

April 14, 2009 11:52 IST

Before the scandal,Satyam was ranked India's 4th-largest and Tech Mahindra was 6th-largest.

UBS to cut 240 jobs in Asia-PacificSubscriber Only

April 14, 2009 11:37 IST

Swiss bank UBS will cut 240 jobs in Asia-Pacific as Asian economies slow in a global financial crisis.

Goldman Sachs’ Q1 profit tops forecastsSubscriber Only

April 14, 2009 10:18 IST

Goldman Sachs' profit beat forecasts,a further sign that the worst may be over for financial firms.

Satyam’s bidding shows India’s strength: India IncSubscriber Only

April 13, 2009 15:33 IST

India Inc said the completion of bidding process for Satyam demonstrates the country's strength in dealing with complex corporate issues.

L&T to hold on to Satyam stake: CFOSubscriber Only

April 13, 2009 12:28 IST

L&T,which has built up a 12 pct stake in Satyam Computer,plans to hold on to the stake.

Nokia launches N-GageSubscriber Only

April 10, 2009 16:55 IST

Nokia India announced the availability of its gaming service,N-Gage in India with additional games and an expanded online offering.

9 out of 10 Indian employees lack social securitySubscriber Only

April 10, 2009 14:28 IST

OECD,a group of rich nations,has found that nine in 10 employees in India do not have a formal labour contract and social security benefits.

OVL,Reliance,IOC in talks for Venezuela projectSubscriber Only

April 10, 2009 13:36 IST

ONGC,RIL and IOC are coming together to bid jointly for a vast oilfield in Venezuela.

1st car to roll-out before summer 2010: NissanSubscriber Only

April 10, 2009 10:51 IST

The 50:50 joint venture between Nissan and Renault at Oragadam near Chennai,will have a capacity to manufacture four lakh cars annually.

Chevron sees sharply lower Q1 profitSubscriber Only

April 10, 2009 09:40 IST

Chevron warned that first-quarter earnings would be sharply lower than the previous quarter.

Motorola ex-CFO says fired for doubting forecastsSubscriber Only

April 10, 2009 09:34 IST

The whistle-blower suit claims Liska tried to prevent executives from presenting the forecasts to the company's board and to credit rating agencies.

Sahara drags Jet to court,seeks Rs 2,000 croreSubscriber Only

April 9, 2009 16:04 IST

Sahara an application in the Bombay HC alleging that Jet Airways had committed breach of contract in the takeover deal.

Cisco announces availability of its first simultaneous Dual-N band wireless routerSubscriber Only

April 9, 2009 15:10 IST

Cisco announced its first simultaneous Dual-N band router for the India market.

As Nitish Kumar prepares to take the field for another campaign, around him, much has changed.

Nitish-niti: What this moment means for the Bihar CM, his party

Long Reads7 hr ago

Bihar's CM Nitish Kumar, known for his welfare schemes, announced free electricity up to 125 units for domestic consumers. This move, seen as a sign of desperation, was actually a BJP idea with Nitish's touch. As he faces a generational shift in politics and challenges in his alliance, Nitish must prove his worth to young voters in his upcoming campaign.

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