Sunday, October 30, 2011

Wipro Q2 net up 1%; beats estimates

Wipro Q2 net up 1%; beats estimates


Wipro Q2 net up 1%; beats estimates

Posted: 30 Oct 2011 08:25 PM PDT

Wipro Ltd , India's No. 3 software services exporter, on Monday posted a 1 percent rise in quarterly profit, beating street estimates, helped by a weaker rupee and rise in spending on outsourcing by overseas clients.


Cos fume over China social tax

Posted: 30 Oct 2011 06:20 PM PDT

Indian businesses operating in China are upset by China's decision to impose social security obligations on foreign employees, which will push up the wage bill by over 40%.


Industrialist Arvind Mafatlal passes away

Posted: 30 Oct 2011 06:17 PM PDT

Mafatlal Group patriarch and social reformer Arvind N Mafatlal passed away on Sunday at Chitrakoot in Madhya Pradesh after prolonged illness.


We respect Radia's wish to quit: Tata Group

Posted: 30 Oct 2011 06:13 PM PDT

Corporate lobbyist Niira Radia set up Vaishnavi Corporate Communications after winning the public relations mandate for the Tata Group companies in 2001.


‘Problems in US, Europe to have little impact’

Posted: 30 Oct 2011 06:12 PM PDT

As an F1 car crashes into a hoarding, there is a sudden roar in the DHL lounge overlooking the pit lane.


Orissa to renew MoU with Posco shortly

Posted: 30 Oct 2011 10:38 AM PDT

Orissa government will soon renew the MoU with South Korean steel major, Posco for a 12-mtpa steel mill near Paradeep in Jagatsinghpur district.


'Libya's oil exports to jump to 350K bpd in Nov'

Posted: 30 Oct 2011 09:32 AM PDT

Libya's crude oil exports will jump to almost 350,000 barrels per day in November, more than double the volume sold the previous month according to sources.


FWA bans Qantas industrial action

Posted: 30 Oct 2011 08:29 AM PDT

An Australian labour tribunal early on Monday ordered Qantas Airways and its unions to immediately terminate all industrial action and return to the negotiating table.


Crisis needs collective G20 spirit: EU

Posted: 30 Oct 2011 06:46 AM PDT

The European Union's leadership called on the G20 group of industrialised nations to help stave off an impending global downturn, matching the EU's own efforts over its debt crisis, the EU executive said in a statement on Sunday.


Australian court hears Qantas case

Posted: 30 Oct 2011 05:55 AM PDT

Thousands of stranded Qantas passengers scrambled to reach their destinations as the airline, its unions and the Australian government argued in a lengthy arbitration hearing over the abrupt grounding of its entire fleet.


CII calls for reforms in power sector

Posted: 30 Oct 2011 12:04 AM PDT

Industry chamber CII today asked the government to bring in reforms in the power sector in order to help distribution companies overcome losses.

CII calls for reforms in power sector

Posted: 30 Oct 2011 12:04 AM PDT

Industry chamber CII today asked the government to bring in reforms in the power sector in order to help distribution companies overcome losses.


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