Companies

Petrol Price Hike In India: Rates Before And After Hike

The Indian Government Wednesday announced the single largest hike in petrol prices by Rs. 7.50 per liter (including tax). The hike price came into effect from midnight and has led to a nationwide protest with the common man, the government's allies and oppositions fuming over the issue.

May 24, 2012

Wipro Launches Its First Corporate iPhone App - Wipro Buzz

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro announced the launch of its first corporate iPhone app - Wipro Buzz on Wednesday.

May 24, 2012

Reebok Files FIR Against Former Top Employees For Alleged Fraud

Reebok India on Tuesday filed an FIR against its former managing director Subhinder Singh Prem and COO Vishnu Bhagat for allegedly mishandling the company's money by indulging in fictitious sales, and setting up forged accounts over the past couple of years

May 23, 2012

Google-Motorola Deal: Sanjay Jha Sidelined, Dennis Woodside is New CEO of Motorola

After acquiring Motorola Mobility Holdings for $12.5 billion, search engine giant Google Inc has named Dennis Woodside, former president of Google's Americas region, as the new CEO of Motorola. Sanjay Jha, former CEO of Motorola, has stepped down, giving way for Dennis Woodside to take up the task of leading the cellphone company.

May 23, 2012

Meet Priscilla Chan, Facebook CEO Mark Zuckerberg's Wife [PHOTOS]

Chan, a Chinese-American fellow student, graduated from Harvard in 2007 and had worked as a 4th and 5th Grade Science Teacher at the Harker School in San Jose for two years before joining the UCSF medical school.

May 20, 2012

Facebook CEO Mark Zuckerberg Marries Girlfriend Priscilla Chan [PHOTO]

Zuckerberg married his long-time girlfriend Priscilla Chan at a small ceremony in their backyard Saturday. The 28-year-old placed a ring on Chan's finger in a small ceremony which was attended by less than 100 guests in Palo Alto, California.

May 20, 2012

Facebook Valued At $104 As Public Trading Set To Begin; Shares Priced At $38

Facebook raised $16 billion in the largest initial public offering (IPO) by a technology company in history as it increased the price of its offering to $38 per share on Thursday. The social media giant's valuation shot up to about $104 billion before public trading begins Friday on the Nasdaq exchange under the ticker symbol FB.

May 18, 2012

Wipro to Acquire Promax Applications Group

Indian global IT services and consulting company Wipro Limited announced on Monday that it has signed an agreement to acquire Australian analytics company Promax Applications Group (PAG) for Rs 1920 million

May 1, 2012

boeing-787-dreamliner-aircraft-inside-photos

Boeing to Deliver 787 Dreamliner to Air India

After the Boeing Co. has rolled out its 787 Dreamliner in South Carolina assembly plant on Friday the manufacture company has to deliver the first four of Air India's 27 order of the aircraft mid this year.

Apr 28, 2012

Pranab Mukherjee Clears Foreign Investors' Concerns Over India's Tax Amendments

Finance Minister Pranab Mukherjee addressing a gathering in Washington on Friday termed concerns of US investors over tax amendments in India as "unfounded".

Apr 21, 2012

Future of India's Aviation: Boeing 787 Dreamliner Aircraft (INSIDE PHOTOS)

India will soon get the most fuel-efficient and twin-engine aircraft, Boeing 787 Dreamliner airplanes.

Apr 14, 2012

Govt Okays Air India Restructuring Plan

The government on Thursday announced a Financial Restructuring plan for the debt-laden national carrier Air India.

Apr 12, 2012

Vijay Mallya Successfully Persuades Kingfisher Staff To Withdraw Ultimatum

Kingfisher Airlines staff on Tuesday withdrew their ultimatum to the management for the payment of outstanding salaries after a meeting with chairman Vijay Mallya.

Apr 3, 2012

Kingfisher Airlines Staff Set Deadline for Vijay Mallya; Threatens to Protest

The Kingfisher Airlines staff had set deadline for Chairman Vijay Mallya to clear all their outstanding salaries. They threatened that they would stop working and take to the streets if the airlines fail to meet their deadline, that is till 8 PM on Tuesday.

Apr 3, 2012

RBA Likely to Keep Overnight Cash Rate

Economists and analysts are of the opinion that the Reserve Bank of Australia (RBA) would keep the 4.25 per cent overnight cash rate when its board meets Tuesday, April 3.

Apr 3, 2012