Sunday, December 26, 2010

Infotech looks ahead to high growth, innovation

Infotech looks ahead to high growth, innovation


Infotech looks ahead to high growth, innovation

Posted: 26 Dec 2010 05:08 PM PST

It's been a happy 2010 for the tech industry.


AirAsia boss may buy Virgin Atlantic

Posted: 26 Dec 2010 05:07 PM PST

The CEO of Malaysia's AirAsia is considering a possible takeover bid for British airline Virgin Atlantic , the Sunday Times newspaper reported.


Sebi may make listing optional for bourses

Posted: 26 Dec 2010 05:05 PM PST

In the wake of a debate over proposed new norms for ownership and governance of stock exchanges, Sebi may consider making listing optional for the bourses and separating their regulatory and business roles.


New hubs slow down BPO recovery

Posted: 26 Dec 2010 05:04 PM PST

The global economic recovery was expected to benefit the Indian offshoring industry that relies heavily on the Western markets.


Infra sectors fail to meet targets

Posted: 26 Dec 2010 05:02 PM PST

Several infrastructure sectors, led by roads, have failed to meet the targets set for April-October 2010, a government report has revealed.


Indian promoters bypass bankers, strike their own deals

Posted: 26 Dec 2010 10:51 AM PST

Some of the big deals of 2010 have given bankers a skip for reasons that range from confidentiality to better understanding of the business by promoters. "Promoters feel they know their worth best," says a reputed banker.


SRK will promote XXX Energy Drinks

Posted: 26 Dec 2010 05:25 AM PST

JMJ Group firm XXX Energy Drinks Limited today said it plans to rope in Bollywood star Shah Rukh Khan as the brand ambassador of its products as it embarks on a Rs 100 crore expansion plan by next year.


RBI may hike rates in January

Posted: 26 Dec 2010 05:22 AM PST

With a strong likelihood of food inflation firming up further from double digits, the Reserve Bank may raise key policy rates to tame rising prices at its policy review on January 25.


Infosys worth went up by Rs 4,300cr last week

Posted: 26 Dec 2010 05:18 AM PST

Led by IT czar Infosys Technologies, the market capitalisation (m-cap) of seven of the country's top 10 firms rose by Rs 10,906 crore last week.


Onion prices will be in control soon: FM

Posted: 25 Dec 2010 11:51 PM PST

Finance minister Pranab Mukherjee today said prices of onions have come down from the sky-high levels seen earlier this week and the situation will be in control soon, as the government is taking all steps.


7 of top 10 firms add over Rs 10k cr in m-cap

Posted: 25 Dec 2010 09:48 PM PST

Led by IT czar Infosys Technologies, the market capitalisation (m-cap) of seven of the country's top 10 firms rose by Rs 10,906 crore last week.


'10-15m job creation expected in India by next yr'

Posted: 25 Dec 2010 09:38 PM PST

As many as 10 to 15 million jobs are expected to be created by next year on account of the rapid economic growth in the country, Assocham claimed.


PE investments likely to cross $7bn in 2010: E&Y

Posted: 25 Dec 2010 09:33 PM PST

India is likely to get over $7 billion in private equity investments in 2010, as robust economic growth is making the country an attractive market for fund mangers, according to global consultancy E&Y.


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