Friday, January 21, 2011

HP revamps board, adds Meg Whitman, 4 others

HP revamps board, adds Meg Whitman, 4 others

HP revamps board, adds Meg Whitman, 4 others

Posted: 21 Jan 2011 05:27 PM PST

Hewlett-Packard is shaking up a board criticized by many as dysfunctional , bringing in five new directors including former eBay chief Meg Whitman, as new CEO Leo Apotheker remakes the company.

Google makes Page CEO, removes Schmidt

Posted: 21 Jan 2011 05:13 PM PST

Google made the biggest management shake-up in a decade on Thursday, handing the reins of the company to one of its co-founders in an effort to rediscover its start-up roots.

Consumer care grows by 21%

Posted: 21 Jan 2011 04:58 PM PST

Buoyed by rural and international sales, Wipro Consumer Care and Lighting (WCCL) posted a 21% jump in revenues to Rs 695 crore for the quarter ending December 31, 2010, compared to the corresponding period a year ago.

Now, get refund on all air tickets

Posted: 21 Jan 2011 01:08 PM PST

Booked a non-refundable ticket and didn`t fly? You won`t lose your money any longer.

ONGC chairman faces HC wrath for absence

Posted: 21 Jan 2011 11:11 AM PST

Chairman and managing director of the Oil and Natural Gas Corporation (ONGC) R S Sharma faced the wrath of the Madras high court on Friday for saying he could not appear in court in connection with a contempt case because he was busy with other "urgent and unavoidable" works.

Paranjpe, Vaswani: What next?

Posted: 21 Jan 2011 09:33 AM PST

Girish Paranjpe and Suresh Vaswani, Wipro's joint CEOs who are stepping down, are looking forward to life outside of Wipro, a company where they practically spent their entire working lives.

Polaris net up 25% at Rs 50 cr

Posted: 21 Jan 2011 08:42 AM PST

Polaris Software Lab on Friday reported a 25% jump in net profit at Rs 50.13 crore in the third quarter of FY11.

WCCLG likely to introduce more brands

Posted: 21 Jan 2011 07:32 AM PST

Wipro Consumer Care and Lighting, (WCCLG) a business unit of Wipro, is likely to introduce more brands in the consumer care segment.

Amy Chua

Posted: 21 Jan 2011 07:32 AM PST

Wipro Consumer Care and Lighting, (WCCLG) a business unit of Wipro, is likely to introduce more brands in the consumer care segment.

Accenture seeks bigger India play with Vashistha

Posted: 21 Jan 2011 06:41 AM PST

Global technology consulting and outsourcing company Accenture has appointed Avinash Vashistha to replace Harsh Manglik as its India head. Manglik, who will retire in August, will remain chairman till then.

ITC third quarter net jumps 21% to Rs 1389 crore

Posted: 21 Jan 2011 06:22 AM PST

FMCG to hotels major ITC has witnessed a 21.4% jump in net profit in the third quarter of this fiscal. It has posted a net profit of Rs 1389 crore in the quarter ended December 31, 2010 from Rs 1144 crore in the corresponding period last fiscal.

Maruti hikes prices of vehicles by up to Rs 8,000

Posted: 21 Jan 2011 03:40 AM PST

Except the new hatchback Alto-K10, the country's largest carmaker by sales, Maruti Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models.

Sensex closes 39 points down

Posted: 21 Jan 2011 03:31 AM PST

The 30-share Sensex fell by 39.01 points to 19,007.53 in a volatile session where it touched an intra-day low of 18,932.40 and a high of 19,065.34. It had gained 68 points in the previous session.

Kurien expected to bring back Vivek Paul’s firepower

Posted: 21 Jan 2011 02:53 AM PST

T K Kurien, who has just been appointed as Wipro's CEO for the IT business, is seen within the company as this aggressive guy who has turned around many of its businesses.

Kurien, Wipro's new CEO for IT biz, expected to bring back Vivek Paul's firepower

Posted: 21 Jan 2011 02:53 AM PST

T K Kurien, who has just been appointed as Wipro's CEO for the IT business, is seen within the company as this aggressive guy who has turned around many of its businesses.

Has China surpassed US in GDP?

Posted: 21 Jan 2011 12:55 AM PST

Did China overtake the US as the world's biggest economy in 2010? New numbers for the GDP of different countries at purchasing power parity (PPP) seem to suggest so. They also suggest India's economy is significantly bigger than previously thought.

Wipro appoints T K Kurien to lead its IT business

Posted: 21 Jan 2011 12:28 AM PST

Wipro on Friday announced that Girish Paranjpe and Suresh Vaswani, the joint CEOs of its information technology business, are stepping down from their responsibilities and that T K Kurien has been appointed in their place.

Boeing to cut 1,100 jobs

Posted: 21 Jan 2011 12:25 AM PST

The US aerospace giant Boeing has said it will reduce its workforce by about 1,100 employees through the end of 2012, as it scale back the production of a military transport aircraft.

Rubber prices at record high on global cues

Posted: 20 Jan 2011 11:45 PM PST

Continuing its gain for the third straight week, natural rubber prices on Thursday touched all time high of Rs 230 per kg on strong global cues.

Rupee down 27 paise against dollar

Posted: 20 Jan 2011 09:36 PM PST

The rupee fell sharply by 27 paise to 45.80 against the US currency in late morning trade due to strong dollar demand from banks and importers.

Wipro results: Q3 net up 10%; IT chiefs quit

Posted: 20 Jan 2011 08:29 PM PST

IT major Wipro today plunged over 4% in early trade on the Bombay Stock Exchange after the company reported lower-than-expected numbers for the quarter ended December 31, 2010.
Posted by Harshad at 9:08 PM

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