Archive for the 'News' Category

Business-plan for gender inclusivity

 This is the business planning season and today is International Women’s Day. So, now is a good time for all of us women readers of ET, to start a collective business planning process towards the goal of sustainably improving the market share of women in leadership positions in the world of business.
But before we debate […]

ALL BUSINESS: CEO Pay Rise Shenanigans

Financial company CEOs often talk about needing better incentives to perform. How about this one: You’re lucky to have a job when many of your peers don’t.But that’s not how it’s working in the marketplace. Despite being hard hit by the housing and mortgage slump, some companies — including Washington Mutual Inc. and Toll Brothers […]

Ambac raises $1.5 billion

 Bond insurer Ambac Financial Group Inc (ABK.N: Quote, Profile, Research) said on Friday it sold $1.5 billion of shares and convertibles, protecting the company from ratings cuts but not satisfying some analysts who wanted the company to raise more.
Ambac said it sold $1.25 billion of common shares at $6.75 a share, or 9 percent below […]

Tata seeks three billion dollars loan for JLR deal: Report

Indian conglomerate Tata Group firm Tata Motors, which is in advanced discussions with US car maker Ford to buy its luxury brands Jaguar and Land Rover, is seeking loans of about three billion dollars to fund the proposed deal, media report in London said.
Quoting people familiar with the matter, Financial Times said that Tata Motors […]

Microsoft-Yahoo deal would be a blow to Google in Asia

A successful Microsoft Corp bid for Yahoo Inc could slow the growth of their common rival, Google Inc, in Asia, where the world’s biggest search engine still lags local players.
For Microsoft, whose MSN portal has been struggling to gain share in Asia, the deal worth around $41 billion would open up opportunities to cooperate with […]

India dominates billionaire list

In changing sweepstakes in the world’s billionaire club, India’s Anil Ambani has emerged as the biggest wealth creator, while famed American investor Warren Buffett has overtaken software czar Bill Gates and Mexican tycoon Carlos Slim to lead the list of world’s richest people released by Forbes on Thursday.
As many as four Indians – Lakshmi […]

Facebook founder is world’s youngest billionaire

Mark Zuckerberg, the 23-year-old founder of social networking site Facebook, is the youngest ever self-made billionaire, according to an annual list published by Forbes magazine.
“He is the youngest billionaire in the world right now and we also believe he is the youngest self-made billionaire in history,” said the magazine’s Associate Editor Matthew Miller, unveiling this […]

Budget to hit ONGC plans, RIL escapes

 NEW DELHI: State-owned Oil and Natural Gas Corporation will review its new refinery projects proposed at Kakinada and Mangalore in the wake of the government taking back tax holiday for such projects in the Budget.
The company had planned to set up a 15 million tonne refinery at Kakinada and expand the capacity of its Mangalore […]

Devon IT launches India Roadshow with IBM in Bangalore

Devon IT, a leading alternative desktop solution company and the fastest-growing provider of thin client solutions, launched a three-city joint-roadshow at Leela Palace in Bangalore with IBM to introduce its India operations and the companies’ alternative desktop computing solutions.
The roadshow will run through March 8 and events will also be held in Mumbai and Delhi.
Executives […]

India to host first global meet on agro-industries

India will host the first global conference on agro-industries, to be held in New Delhi from April 8 to 11, with its focus on their role in economic development and poverty reduction.
Around 500 senior representatives from the agro-industry, governments, technical and financing institutions, civil society and UN agencies will discuss the potential of agro-industries and […]