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Infosys buys UK-based Axon group for £407 m
Cost of acquisition is roughly twice Axon’s 2007 revenues. Bangalore, Aug. 25 Infosys Technologies Ltd today said that it is buying UK-based SAP consulting company Axon Group Plc for £407.1 million or Rs 3,310 crore, in an all-cash ...
Buddhadeb ready for talks over Tatas’ Singur unit
Mamata rejects talks offer; warns of agitation spreading. Kolkata, Aug. 25 The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, on Monday wrote a letter to the Trinamool Congress Chief, Ms Mamata Banerjee, inviting her for direct talks ...
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Big buy: Mr Kris Gopalakr...
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TODAY'S PICK (Latest Audio: English/Tamil)
Suzlon Energy (Rs 216.45): Sell
We recommend a sell in Suzlon Energy from a short-term perspective. From the charts of Suzlon Energy we note that it has been on a long-term downtrend since its January peak of Rs 460. The stock has been declining forming lower peaks and ...
Day Trading Guide
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Mobile growth hits new peak; 9.22 m wireless users in July
New Delhi, Aug 25 Mobile subscriber base in the country is growing at such a fast pace that operators are breaking the record for net additions almost every second month. ...
Industrial users must pay more for diesel: Oil marketing cos
New Delhi, Aug. 25 Industrial users of diesel may end up paying a little over Rs 22 for the product compared to retail customers if the proposal of the public sector oil marketing companies (OMCs) finds its way. ...
ESPN, Ten Sports ‘violating pricing guidelines’
To be taken off air for a month if found guilty, warns Ministry. New Delhi, Aug. 25 ESPN Star Sports (ESS) and Ten Sports have been hauled up by the Ministry of Information and Broadcasting for not following guidelines. Show cause notices ...
Indian cos on buying spree in UK, Europe
London seen as the ‘correct gateway’. India now ranks among the first five largest investors in British companies and equities, spearheaded by the Tatas, who made ambitious purchase of Jaguar and Land Rover auto ...
Indians create ‘apps’ for iPhone
Most are free downloads from ‘App Store’ site. Bangalore Aug. 25 It was inevitable that the huge opportunity presented by the global launch of Apple’s 3G iPhone - and the hunger of owners for compelling applications that ...
Biological Evans, Panacea get Govt nod for injectible polio vaccines
Approval for marketing the product in retail market. Mumbai, Aug. 25 Injectible polio vaccines may not yet be on the national immunisation programme, but local drug-makers Biological Evans (BE) and Panacea Biotec seem to have got off the ...
‘Big farmers corner bulk of direct farm credit’
M.S. Swaminathan calls for organic, conservation farming. Chennai, Aug. 25 The minimum support price offered by the Government to farmers must cover their costs and offer at least 50 per cent more as against the current levels of 15 per cent ...
Coverage of all oilseeds barring soya down
Acreage increases to 168.91 lakh ha; Rajasthan sets new trend. Delay in monsoon coverage in various parts of the country has resulted in lower coverage of oilseeds barring soyabean during the current kharif season. A new trend in the sowing is ...
Labour Ministry notice to Huawei on employment of Chinese
Working without proper permits, not paying applicable I-T. New Delhi, Aug 25 The Ministry of Labour and Employment has sent a notice to the Chinese telecom equipment manufacturing firm Huawei for allegedly employing a large number of Chinese ...
How safe are Indian automobiles?
The vehicle safety experience of the US appears all the more relevant for India today. Though we have the Automobile Research Association of India (ARAI), Pune, an organisation designed to check the safety of every vehicle model manufactured in ...
Stage being set for southerly surge of rains
Thiruvananthapuram, Aug. 25 Cyclonic whirls situated respectively over east and southeast India were the two reigning major weather-making systems over the landmass on Monday even as a southerly surge promised to stir up the skies over ...
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