Wednesday, April 27, 2011

Buyers check into hotel homes in Bangalore

Buyers check into hotel homes in Bangalore

Buyers check into hotel homes in Bangalore

Posted: 27 Apr 2011 05:39 PM PDT

Buyers are homing in on branded residences managed by big hospitality brands offering year round services associated with the hotel brand. Many Indians are shopping for branded residences after getting a taste of it in the US and Europe.

Fine dining brands hungry for India debut

Posted: 27 Apr 2011 05:30 PM PDT

Some the world's most upmarket restaurant brands are ready to take a bite out of the India story. Unlike the multinational fast-food brands like McDonald's and KFC, which have expanded in the country over a decade with hundreds of outlets, these high-end chains want to remain exclusive.

Nokia will sack 300 in India

Posted: 27 Apr 2011 05:24 PM PDT

Nokia India will lay off nearly 300 of its 1,500 engineers in its R&D centre in India, and move about 700 of them to Accenture as part of a global restructuring to cut annual phone unit R&D costs by €1 billion.

Now, Apple brings iPad 2 in India

Posted: 27 Apr 2011 03:58 PM PDT

Over a month after it launched iPad 2 in the US, Apple on Wednesday announced availability of its next-generation tablet in India.

China likely to clock 9.6% growth in Q2

Posted: 27 Apr 2011 03:55 PM PDT

China's economy may grow by 9.6% in the second quarter of 2011, a government think tank said in a report on Wednesday, keeping pace with first quarter growth.

Fed won't cut support to US economy

Posted: 27 Apr 2011 03:50 PM PDT

The Federal Reserve signalled on Wednesday that it was in no rush to scale back its extensive support for the US economy and said a run-up in commodity prices that has dented growth should be fleeting.

ONGC makes 2 oil strikes in Gujarat

Posted: 27 Apr 2011 03:46 PM PDT

ONGC on Wednesday said it had made two discoveries in Gujarat, taking the number of oil and gas strikes to 24 in the 2010-11 financial year.

AI strike: Flyers forced to shell out more

Posted: 27 Apr 2011 03:44 PM PDT

The strike by Air India pilots led to harassment of passengers, many of whom not just missed their flights but were forced to purchase tickets at full cost from other carriers.

Etihad Award for overseas exemplary Indians

Posted: 27 Apr 2011 05:11 AM PDT

Etihad Airways has partnered with Remit2India for the first-ever "The Light of India Awards" ceremony held at the Waldorf Astoria Hotel in New York on April 22, recognizing exemplary achievement by overseas Indians in the fields of business leadership, corporate leadership, political leadership, science and technology, journalism and literature and arts and entertainment.

Pvt airlines hike fares to cash in on AI strike

Posted: 27 Apr 2011 04:56 AM PDT

Private airlines led by low cost carriers have jacked up their fares by upto 50% on the Mumbai-Delhi sector in the wake of the strike by a section of Air India pilots who are demanding pay parity and better working conditions.

Sensex falls 97 points on Wipro results

Posted: 27 Apr 2011 04:38 AM PDT

The BSE sensex today fell for the third straight day, losing about 97 points to close at over 19,448, on sustained selling following lower-than-expected earnings and sales forecast by IT major Wipro.

Entrepreneur driven firms claim 60 % market capitalization in top 500 listed companies

Posted: 27 Apr 2011 03:22 AM PDT

Despite the backdrop of business scandals and deceptive accounting systems that rocked India Inc. last year, the Indian entrepreneur firms or Family Owned Businesses (FOBs) have emerged strong in 2011 by accounting for 60 per cent of market cap in top 500 companies

Striking pilots irresponsible, disregarding passengers: Air India

Posted: 27 Apr 2011 02:36 AM PDT

Air India chairman Arvind Jadhav on Wednesday said the striking pilots of the flag carrier were behaving irresponsibly and were totally unconcerned about inconvenience caused to passengers, especially in these testing times.

800 Air India pilots on strike, pilot's union derecognised

Posted: 26 Apr 2011 10:28 PM PDT

With around 20 flights being cancelled due to the pilots' strike, Air India management moved swiftly to derecognise their union ICPA.

20 flights cancelled, Air India derecognises pilot's union

Posted: 26 Apr 2011 10:28 PM PDT

About 800 pilots belonging to Indian Airlines went on a strike on Wednesday demanding pay parity with AI pilots and better working conditions.

Wipro Q4 result net up 14%

Posted: 26 Apr 2011 10:10 PM PDT

"We have made good progress in creating a leaner, simpler and more customer-centric organisation structure," said Wipro chairman Azim Premji .

Wipro Q4 net up 14% at Rs 1,375 cr

Posted: 26 Apr 2011 10:10 PM PDT

"We have made good progress in creating a leaner, simpler and more customer-centric organisation structure," said Wipro chairman Azim Premji .

Rupee up 8 paise against US dollar

Posted: 26 Apr 2011 09:59 PM PDT

The rupee strengthened by 8 paise to Rs 44.43 against the US dollar in early trade on the Interbank Foreign Exchange on Wednesday, aided by capital inflows and a firming trend in the stock market.

Sensex gains 88 points in opening trade

Posted: 26 Apr 2011 09:15 PM PDT

The Bombay Stock Exchange benchmark Sensex rose by over 88 points in opening trade today on selective buying by funds and retail investors amid a firming trend on other Asian bourses.
Posted by Harshad at 9:14 PM

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