Maruti Unrest: Sacked Employees may Pressurise Other Workers for Support, Says Bhargava

Manesar Maruti Suzuki India chairman RC Bhargava said that sacked employees of the leading car maker may try to instigate other workers in the company to either support their cause or completely boycott work in the Manesar facility, which reopened on Tuesday following a month's shutdown due to clashes that broke out between the workers and management in July. Aug 21, 2012

Bharti Airtel Q1 Profit Down 37 Pct to ₹7.62 Billion

Bharti Airtel on Wednesday reported a 37 percent slump in quarterly profits, making it the tenth quarter in a row that the telecom major registered a profit decline amid prevailing competition despite outperforming smaller rivals in the subscriber market. Aug 8, 2012

India Blackout: Northern, Eastern Power Grids Partially Restored; Train Services Delayed

For the second consecutive day life has come to standstill in half of India after power grid failure hit North and East India in one if the worst blackouts since 2001. On Monday, the Northern Grid which collapsed and was restored after about 15 hours of blackouts, tripped again on Tuesday. The Eastern and North-Eastern transmission lines also collapsed on Tuesday afternoon affecting more than 600 million people and 22 states across the country. Jul 31, 2012

Microsoft Fourth Quarter 2012 Results: Posts Net Loss of $492 Million

Microsoft Corp. on Thursday reported a net loss of $492 million for the quarter ended June 30, 2012. It is the first loss for the company ever since it went public in 1986. Microsoft fourth quarter 2012 results that were announced on Thursday posted a revenue of $18.06 billion. Jul 20, 2012

Apple's Latest iPad Fails to Create Frenzy in China

Apple Inc. was urged to cancel the launch of its iPhone 4S in China earlier this year over concerns regarding the size of the crowd waiting outside its store. On the contrary, the company's latest iPad failed to create a similar frenzy. Jul 20, 2012

Google Defies Wall Street Woes With Strong Second Quarterly Results

Defying Wall Street worries that the gloomy world economy would take a toll on the company's online advertising, Google Inc. on Thursday reported consolidated revenues of $12.21 billion for the quarter ending June 30, 2012, an increase of 35 percent compared to the second quarter of 2011. Jul 20, 2012