CHENNAI: V. M. Kumar has joined Maples ESM Technologies as Chief Operating Officer. He has over 20 years of experience in marketing, sales, new business developments, operations and corporate strategy in diverse businesses across North ... read more »
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BANGALORE: Cisco Capital, the finance wing of Cisco Systems, has offered zero per cent financing for small and medium enterprises to upgrade their information technology while also controlling costs. The financing scheme launched here will be ... read more »
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NEW DELHI: Punj Lloyd on Thursday bagged a Rs. 1,005-crore EPC contract from GVK Power. Under the contract, Punj Lloyd would work on the 2 x 270 MW Govindwal Sahib coal-fired thermal power project in Punjab. The project would be completed by ... read more »
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MUMBAI: Bharti AXA General Insurance has received the certificate of registration from the Insurance Regulatory Development Authority to commence operations. Following this, the company would shortly commence its business operations, Bharti ... read more »
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NEW DELHI: A panel formed by the Department of Telecommunications to recommend methodology including a suitable auction mechanism for the allocation and pricing of second generation spectrum for mobile services would meet on July 14. ... read more »
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MUMBAI: The Indian rupee on Thursday lost 14 paise to close at 43.29/31 against the U.S. dollar amid capital outflows and spiralling global crude oil prices. It closed at 43.17 on Wednesday. At the interbank foreign exchange market, the ... read more »
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NEW DELHI: The Union Government has accepted, in-principle, to move gradually from cash to accrual basis of accounting wherein revenues and expenditure are entered in the books even before actual realisations. Disclosing this at a conference ... read more »
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Mukesh Ambani-led Reliance Industries on Thursday shot off a fresh missive that could block a possible $70 billion deal between Reliance Communications and South Africa’s MTN, threatening to pursue its legal right on the firm run by ... read more »
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LONDON: World’s largest steel producer ArcelorMittal has signed an agreement with French nuclear operator Areva for a 70 million euro investment aimed at increasing production of ingot steel, used in nuclear industry. ... read more »
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FRANKFURT: The European Central Bank raised its key interest rate by 25 basis points to 4.25 per cent on Thursday. The decision had been widely expected since ECB President Jean-Claude Trichet raised the possibility last month. ... read more »
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