Thursday, August 25, 2011

Jobs gave the short shrift to India

Jobs gave the short shrift to India

Jobs gave the short shrift to India

Posted: 25 Aug 2011 06:11 PM PDT

Whenever we have walked into N R Narayana Murthy's or S D Shibulal's offices in Infosys Technologies in the past year, they have been on their iPads.

Gold ETFs match downturn run

Posted: 25 Aug 2011 06:10 PM PDT

Despite the decline in the last two days, the recent run-up in the prices of gold has enabled gold exchange traded funds (ETFs) to nearly match the performance achieved in the aftermath of the global financial crisis.

Renault-Nissan rolls out 1L units

Posted: 25 Aug 2011 06:07 PM PDT

The alliance plant of Renault-Nissan automotive manufacturing facility in Oragadam, near Chennai, has crossed a milestone achievement of rolling out one lakh units.

iConic Apple head Steve Jobs quits

Posted: 25 Aug 2011 05:54 PM PDT

Steve Jobs, the iConic leader of Apple, has logged out. The unrivalled maestro of sleek technology who redefined the look and feel of computing and media, giving it beauty, form, and functional elegance, announced on Wednesday that he was stepping down as CEO of his storied firm Apple because "I could no longer meet my duties and expectations".

Teenager Jobs sought spiritual tranquillity in India

Posted: 25 Aug 2011 12:10 PM PDT

The '70s was an era of backpackers in India. One of those was a teenage backpacker from California, who came visiting in search of spiritual tranquility. But the visit of this college dropout went unnoticed.

AMD hopes to double market share

Posted: 25 Aug 2011 12:07 PM PDT

With the world of personal technology undergoing major changes, AMD, the number two in computer processor market, is sensing its chances.

NSE to launch Dow, S&P futures

Posted: 25 Aug 2011 12:06 PM PDT

Beginning Monday, Indian investors will be able to trade in derivatives contracts on the Dow Jones Industrial Average and the S&P 500 indices right here in the country, paying in rupee.

India Inc prepares code of ethics

Posted: 25 Aug 2011 12:00 PM PDT

India Inc is finally breathing a sigh of relief amid signs that the government is coming around to Anna Hazare's demands.

Insurers told to cut promoter stake

Posted: 25 Aug 2011 11:55 AM PDT

Promoters of Insurance companies will have to bring down their holding to 26% after 10 years.

Buffett to invest $5 billion in Bank of America

Posted: 25 Aug 2011 08:11 AM PDT

Warren Buffett will invest $5 billion in Bank of America, stepping in to shore up the company in the same way he helped prop up Goldman Sachs and General Electric during the financial crisis.

RBI warns difficult days ahead

Posted: 25 Aug 2011 05:28 AM PDT

The Reserve Bank on Thursday warned of difficult days ahead, saying inflation will remain at elevated levels for some more time while the economic growth rate will moderate in the current fiscal.

Sensex falls 139 points on rate fears

Posted: 25 Aug 2011 04:49 AM PDT

BSE Sensex on Thursday dropped 139 points to 16,146.33 as investors offloaded long positions, mainly in IT, metals and banking on the expiry of August derivative contracts.

Food inflation rises to 9.80%

Posted: 24 Aug 2011 11:51 PM PDT

Inching closer to the crucial double-digit mark, food inflation rose to 9.80% for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items.

Rupee loses 17 paise against US dollar

Posted: 24 Aug 2011 10:56 PM PDT

Continuing on its downward spiral, the Indian rupee lost another 17 paise to Rs 46.16 per US dollar in early trade on the Interbank Foreign Exchange today, tracking dollar gains against major currencies overseas.

Sensex gains 87 points on firm Asian cues

Posted: 24 Aug 2011 09:50 PM PDT

The Bombay Stock Exchange benchmark Sensex rose by 87 points in opening trade today, driven by a firming trend on other Asian bourses.
Posted by Harshad at 9:34 PM

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