Business News

Verizon Wireless completes acquisition of Alltel

Manuj — Fri, 09 Jan 2009 19:04:34 +0000

Verizon Wireless completes acquisition of Alltel US based telecom giant Verizon Wireless has announced that they have now completed the acquisition of rival company Alltel. With this, they have...

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Common Admission Test 2008 results now available through SMS

Sukhdeep — Fri, 09 Jan 2009 12:28:01 +0000

Common Admission Test 2008 results now available through SMS CAT 2008 results are coming out today and the students who gave the exam have several sources to get the results. The exam for this year...

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Panasonic to cut investments in flat screen television business

Sukhdeep — Fri, 09 Jan 2009 11:05:49 +0000

Panasonic to cut investments in flat screen television business Japanese consumer electronics manufacturer Panasonic has announced that they are going to reduce their spendings on the flat screen...

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Yahoo nearing CEO announcement?

Somanshu — Fri, 09 Jan 2009 11:02:14 +0000

Yahoo nearing CEO announcement? Wall Street Journal has reported that the US based internet media giant Yahoo is close to announcing a new CEO of the company. One of the names doing the rounds is of ...

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Lenovo to cut 2500 jobs

Somanshu — Thu, 08 Jan 2009 20:31:40 +0000

Lenovo to cut 2500 jobs China based personal computer maker Lenovo has announced that they are going to cut 2500 jobs in their global operations. The company has said that they are going to post a...

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Bombay Stock Exchange: Sun Pharmaceutical to replace Satyam

Manuj — Thu, 08 Jan 2009 19:55:23 +0000

Bombay Stock Exchange: Sun Pharmaceutical to replace Satyam India’s Bombay Stock Exchange has announced that they are now going to replace Satyam Computer’s stock with Sun Pharmaceutical on the...

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EMC to cut 6% of its workforce

Somanshu — Wed, 07 Jan 2009 23:28:37 +0000

EMC to cut 6% of its workforce EMC Corp has announced that they are now going to cut around 6% of their total workforce. The company would cut 2,400 jobs from their global operations to save money...

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Audi India saw improved sales in 2008

Sukhdeep — Wed, 07 Jan 2009 23:03:17 +0000

Audi India saw improved sales in 2008 German automaker Audi has said that they have managed to triple their sales in the Indian market in 2008 compared to the previous year. The company has expanded...

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Reliance Capital replaces Satyam on Nifty

Somanshu — Wed, 07 Jan 2009 22:27:54 +0000

Reliance Capital replaces Satyam on Nifty National Stock Exchange has announced that they are now replacing Satyam from its benchmark index Nifty. Satyam would be replaced by financial company...

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Infosys is not interested in acquiring Satyam

Manuj — Wed, 07 Jan 2009 21:18:45 +0000

Infosys is not interested in acquiring Satyam Now that Satyam has revealed a major fraud in its accounting, market is full of rumors of a possible acquisition deal by a rival. Infosys has however...

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