Business

G-8 to hold talks for tackling Financial Crisis »

Countries that make up G-8, Germany, Japan, United States, Britain, Italy, Russia, Canada and France are to hold a meeting in near future. This would be to devise measures to…

Apr 25 2010 / Comments Off / Read More »

Oil Rebound On Expectations of OPEC Output Cut »

Oil prices are continuously facing a downturn as the fears of worldwide recession are hitting the demand of energy products quite boorishly. Yesterday the price of crude oil per barrel…

Apr 24 2010 / Comments Off / Read More »
Economic

US Unemployment Rate Shoots up to 8.1 percent »

Recession is deepening at a rapid pace and developed nations like US are finding it hard to combat with it…

Sep 2 2010 / No Comment / Read More »

Jet Airways Eyes Restructuring To Save Costs »

Aviation industry saw a massive drop in the number of passengers (of 12%) and in load factors (by 60%) in…

Sep 2 2010 / No Comment / Read More »

US and India to cooperate for civil aviation programme »

US and India are looking forward to cooperatively take ahead their civil aviation plans relating to modernization and tackling the…

Sep 2 2010 / Comments Off / Read More »

Obama and PM and Express Hope For Greater Economic Cooperation Between India and the US »

President Barack Obama has expressed the hope that the economic cooperation between India and the US will become stronger in…

Sep 2 2010 / Comments Off / Read More »
Finance

Sensex Drops Below 11000. Larsen And Turbo, Reliance, Infosys Sheds »

The Indian stock market is feeling the heat of the worldwide financial crisis and on Wednesday the Bombay Stock Exchange (Sensex) fell below the 11,000 mark by shedding more than 500 points during the early trading session. The major stocks that are badly hit on Wednesday…

Apr 28 2010 / Comments Off / Read More »

Ambanis Sasan Project to commence earlier »

Anil Ambani’s Power Purchase Agreement (PPA) has guaranteed his 4,000-MW Ultra Mega power project (UMPP) in Sasan of fourteen buyers from seven different states. This project will be commissioned somewhat earlier than the scheduled date. As per the new pact, the commissioning of first unit…

Apr 27 2010 / Comments Off / Read More »

Financial mayhem makes Planes fly low »

The Aviation Industry is facing its toughest times, for sure. Companies have been trying to do whatever they can to cut costs and remain competitive. Employees not even confirmed for their jobs are being handed over pink-slips. One after the other, every known group is…

Apr 26 2010 / Comments Off / Read More »
Marketing

Washington holds G20 summit – World leaders to discuss economic crisis »

All eyes are at Washington today, as leaders from all the major economies are meeting there to find a way out to beat the ongoing…

May 17 2010 / Comments Off / Read More »
Asia

Indian Books and English Expertise Strike A Chord In China

At a time when multilateral ties are strained, India and China have found a common ground over a foreign Language. China, in their bid to learn English have agreed to let the books by Indian authors…

Sep 2 2010 / Read More »
Africa

Indian Pharma Exports to Africa receive a push

The Government took initiative on Friday to make sure that Pharma exports do not get rejected being tagged as ‘fakes’. This was a presentation given to a committee comprising ambassadors and high commissioners from various Africa…

Apr 19 2009 / Read More »
America

Investment in Brazil sugarcane Plantations delayed

Lack of Cash has caused Indian Oil, Bharat Petroleum and Hindustan Petroleum to postpone their plans of investing in sugarcane farms of Brazil. The investment of USD 600 million was to fetch ethanol for mixing it…

Jan 29 2010 / Read More »
Europe

Call from EU to clarify valuing of derivatives

European Union has started working on a new plan for derivatives valuation. It is needed as this high-risk group of investments is expected to stand at US$600 trillion. With the lack of a proper counterparty clearing,…

Jul 14 2010 / Read More »
Auto

BMW to improve fuel efficiency using NASA technology

German Automaker BMW, in its attempt to bring down the green house emission from its automobiles is thinking on utilizing NASA technology for this purpose. Engineers are working to adapt the ‘Thermoelectric Systems’, used by NASA…

Aug 2 2010 / Read More »
Computer

Apple Goes Over Microsoft In Market Cap As Steve Jobs Vision Comes True

Apple has become second to none in technology pushing US software giant Microsoft to the second spot for the first time in its 35 years of existence. The market values of Apple at the end of…

Jul 21 2010 / Read More »
Internet

Google announces layoff of 200 employees

Google on Thursday made an announcement to layoff nearly 200 employees from its workforce in the largest round of layoffs initiated by the company. It clearly demonstrates that even well established and profit making companies are…

Jul 2 2009 / Read More »
Telecommunication

Nokia Unveils Innovative Make My App Contest

With an eye on tapping the lucrative value added service market in India, Nokia has launched an innovative campaign called “Make My Map” which encourages consumers to give suggestions for their dream mobile applications. Winners of…

Sep 2 2010 / Read More »

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