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COMPANIES NEWS - Page 402
After Jet,Kingfisher; SpiceJet to raise faresSubscriber Only
April 20, 2009 10:58 IST
SpiceJet will raise fuel surcharge by up to Rs 300 after similar moves by Jet and Kingfisher.
Nintendo shares oversold: ReportSubscriber Only
April 20, 2009 10:55 IST
The weekly investing magazine noted Nintendo shares have been hit since the company reduced its expectations.
Satyam paid taxes on fake earnings: SFIOSubscriber Only
April 19, 2009 13:47 IST
Satyam Computer founder Raju falsified accounts to the tune of Rs 7,000 crore through fictitious Fixed Deposits.
Jet hikes fuel surcharge by up to Rs 300Subscriber Only
April 18, 2009 16:06 IST
Private carrier Jet Airways has hiked fuel surcharge on domestic flights by up to Rs 300.
Vodafone Essar raises Rs 10,000 cr loanSubscriber Only
April 17, 2009 16:04 IST
Vodafone Essar has raised a debt of about Rs 10,000 cr from SBI to fund network expansion plans.
Toshiba to cut 3,900 temporary jobsSubscriber Only
April 17, 2009 15:08 IST
Japan's electronics giant Toshiba Corp said it will cut an additional 3,900 temporary jobs by end of fiscal 2009.
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.
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