Hyderabad: Red Herring announced that Annova Technologies has been awarded the coveted Red Herring Top 100 Asia, an award given to the top 100 private technology companies based in the Asia region each year. The award recognizes Annova Technologies amongst the 100 most innovative private technology companies in the Asia Pacific region.
eBay, the largest marketplace of America, declared that it has completed the sale of its communications unit-- Skype-- to an investor group for $2 billion. In a statement eBay Inc said the previously announced sale has been completed and as part of the deal "eBay received about $1.9 billion in cash and a note from the buyer in the principal amount of $125 million".
National Metallurgists Day (NMD) is celebrated every year by the Indian Institute of Metals (IIM) and Ministry of Steel, Govt. of India. During this occasion, eminent scientists and engineers are honoured for their contributions in metallurgy & material science.
New Delhi: The unaudited financial results of Steel Authority of India Limited (SAIL) for July-September (Q2) of FY ’10, taken on record by the company’s Board of Directors here today, showed profit after tax (PAT) at Rs. 1,663 crore, an improvement of 25% in performance over the previous quarter, lower by 17.3% over the corresponding period last year (CPLY).
The next two weeks will be critical for Bollywood, with at least Rs 300 crore riding on mega budget films like Blue, All the Best and Main Aur Mrs Khanna, released today, and others like Aladin, London Dreams and Ajab Prem Ki Gazab Kahani expected to hit the theatres soon.
MUMBAI (Reuters) - State-run Coal India has filed its draft offer document on Monday to sell 631.6 million shares or 10 percent of the company in an initial public offering, in what is set to be the country's largest-ever new share sale, the Mint newspaper reported on Tuesday.
MUMBAI (Reuters) - Tata Motors , India's top vehicle maker, reported a rise in sales and margins at its Jaguar Land Rover (JLR) unit as luxury buyers returned after the global crisis, helping send its shares up more than 6 percent.
The Supreme Court on Friday asked various stakeholders, including Set Discovery and Zee Turner, to file objections on broadcast regulator Trai s proposal to cap cable TV charges at Rs 250 per month across the country in non-CAS areas. The Telecom Regulatory Authority of India (Trai) had last week sought the apex court s permission to fix a ceiling of Rs 250 per month on the retail tariff charged by local cable operators from consumers in non Conditional Access System areas. Currently, the broadcasters are charging the price from the Multi System Operators (MSOs) based on the whole-sale tariff system. A bench ...
Great Offshore and Bharati Shipyard will remain two entities and there are no plans to merge them, Great Offshore executive director PC Kapoor said at the fifth annual general meeting of the company in Mumbai on Tuesday. Bharati Shipyard currently holds 47.9% stake in Great Offshore. At present, the two companies are functioning as two separate entities and there is no proposal to merge them, Kapoor said. Bharati Shipyard is happy with the current shareholding and is not looking to hike its stake in Great Offshore via creeping acquisition or through an open offer, he added. Currently, we have three ...
MUMBAI (Reuters) - The rupee is seen opening largely steady on Friday in line with an expected flat performance in domestic shares but stronger regional currencies could support the local unit, dealers said.