Archive for the ‘Business News’ Category

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PlaySpan publishes downloadable report on Microtransactions, Virtual World Economies

Mumbai, Mar 12 (ANI/Business Wire India): PlaySpan, the leader in monetization solutions for online games, virtual worlds, and social networks, today announced the publication of a free downloadable report that addresses market opportunities for developers and publishers to optimize revenue streams ... Full story

TATA-owned Land Rover offered 27 million pounds to produce ‘Green Car’

London, Mar.12 (ANI): The British Government has offered a grant of up to 27 million pounds to TATA-owned Jaguar Land Rover for the production of a new 'green' car. According to a Sky News report, the company will make a decision later this year on whether to go ahead with the 400 million pound project at its factory at Halewood on Merseyside. The ... Full story

Reasoning announces launch of multi-channel online retailing solutions

Hyderabad, Mar 12 (ANI/Business Wire India): Online marketing has been made easy and accessible to manufacturers, organised and individual retailers with the introduction of a multi-channel online retail solution by Reasoning Global e Applications. Following the present menacing gloom of recession on markets across the board, Reasoning launched MartJack, the multi channel online retailing solution as the perfect remedy to counter present market conditions. Cost cutting ... Full story

Volvo India takes up rigorous cost cutting measures

Bangalore, Mar.11 (ANI): As growth slows down, Volvo India, the Indian arm of Sweden-based heavy bus and coach manufacturer, has resorted to rigorous cost cutting measures. "Recession has affected everyone and Volvo buses is no different. High growth rates which were there six months back ...more or less disappeared, financing is not available to customers and if it is available it is available at very high ... Full story

Steel baron Mittal, Ambani brothers among Forbes’ top-ten super-rich

Washington, Mar 10 (ANI): Twenty-four Indians have made it into the Forbes magazine's list of 'World's Richest' with Steel tycoon Lakshmi Mittal in fourth place. Four Indians made it to the top 10, including Mukesh Ambani, Anil Ambani and K. P. Singh in the fifth, sixth and eighth places respectively. After 13 years at the top, Microsoft founder Bill ... Full story

60 percent fall in Indo-Pak trade post Mumbai terror attacks: FICCI

New Delhi, Mar. 10 (ANI): As a result of deteriorating indo-Pak relations post the Mumbai terror attacks, cross-border trade is likely to witness a sixty percent decline in fiscal 2009-10. The trade relatio has hit the new low because Indian exporters are scared from doing business with Pakistani businessmen, a FICCI survey has revealed. ... Full story

SYSTIME strengthens executive leadership team

Mumbai, Mar 10 (ANI/Business Wire India): SYSTIME, a CMS Group Company and the largest Oracle JD Edwards Practices globally, has recently announced the appointment of Indu as Chief Operating Officer (COO). In this position of COO Indu will be responsible for the following functions: Global Delivery and ... Full story

TiE launches Stree Shakti to empower women entrepreneurs across India

Mumbai, Mar 10 (ANI/Business Wire India): The Indus Entrepreneurs (TiE), the world's largest non-profit network of entrepreneurs and professionals dedicated to the advancement of entrepreneurship, announced today the launch of India's first Women Entrepreneurship platform - TiE Stree Shakti (TSS). A GEM ... Full story

SunTec announces TWIST BSB compliance

Trivandrum (Kerala) Mar 9 (ANI/Business Wire India): SunTec business solutions, the leading provider of Relationship-based Pricing and Centralized Billing solutions, today announced that its flagship product for the financial services vertical - TBMS-F is compliant with TWIST's (Transaction Workflow Innovation Standards) Bank Services Billing Standard (BSB). TWIST BSB was created ... Full story

Bharti Airtel withdraws ’95′ dialing on its fixed line service

New Delhi, Mar 9, (ANI/Business Wire India): Bharti Airtel Limited, Asia's leading integrated telecom services provider, today announced the withdrawal of '95' dialing for long distance calling on its fixed line service as per the directive from Department of Telecom (DoT), Ministry of Communications and IT, ... Full story

LIC ‘Jeevan Varsha’ can be purchased online through Policybazaar.com

New Delhi, Mar 9 (ANI/Business Wire India); After receiving an overwhelming response by selling 'Jeevan Astha' online at www.policybazaar.com, Life Insurance Corporation of India (LIC) extends its partnership to yet another policy 'Jeevan Varsha'. It can be bought online only at www.policybazaar.com. The policy would be open for sale ... Full story

Perdaman Industries announces Rs 10,000 cr urea manufacturing plant in Australia

New Delhi, Mar 9 (ANI/Business Wire India): Perdaman Chemicals and Fertilisers, a wholly owned subsidiary of Perdaman Industries today announced plans to construct a 3.5 billion Australian dollars urea manufacturing plant at the Shotts Industrial Park in Collie, Western Australia. Perdaman Industries is a Western Australian based multinational group with a current ... Full story

Business delegation from UK to explore trade potential in Punjab

Amritsar, Mar 9 (ANI): To explore trade potential between Punjab and East Midland (UK), a high-level delegation visited Punjab from February 28 to March 7 in association with the Confederation of Indian Industry (CII) and the Punjab Link Council, UK. During their stay in India, the delegation met several business groups from Punjab. Speaking to the media, Helen Deas, head of the East Midland (UK)-India ... Full story

Blue Star Infotech to implement Microsoft Dynamics NAV for Ruby Macon

Mumbai, Mar 9 (ANI/Business Wire India): Blue Star Infotech, a global provider of IT Solutions and Services, announced that it will implement Microsoft DynamicsT NAV for Ruby Macons Limited, a leading paper (Testliner and Fluting) and paper machinery manufacturer. Blue Star Infotech is a winner of 2008 Microsoft Dynamics President's Club Award and Best Partner - India Western Region Award for Vertical Solution Excellence. Ruby Macons ... Full story

GVK Biosciences appointed strategic alliance partner for crop protection chemistry in India

Wilmington/Hyderabad, Mar 9 (ANI/Business Wire India): GVK Biosciences (GVK BIO), Asia's leading Contract Research Organization, announced that it is appointed by DuPont Crop Protection as a strategic alliance partner for discovery chemistry services in India. Both the companies have been working together for more than 5 years and a dedicated Discovery Chemistry team is in place to work on DuPont's various R and D initiatives. "Based ... Full story

Business delegation from UK to explore trade potential in Punjab

Amritsar, Mar 9 (ANI): To explore trade potential between Punjab and East Midland (UK), a high-level delegation visited Punjab from February 28 to March 7 in association with the Confederation of Indian Industry (CII) and the Punjab Link Council, UK. During their stay in India, the delegation met several business groups from Punjab. Speaking to the media, Helen Deas, ... Full story

Blue Star Infotech to implement Microsoft Dynamics NAV for Ruby Macon

Mumbai, Mar 9 (ANI/Business Wire India): Blue Star Infotech, a global provider of IT Solutions and Services, announced that it will implement Microsoft DynamicsT NAV for Ruby Macons Limited, a leading paper (Testliner and Fluting) and paper machinery manufacturer. Blue Star Infotech is a winner of 2008 ... Full story

GVK Biosciences appointed strategic alliance partner for crop protection chemistry in India

Wilmington/Hyderabad, Mar 9 (ANI/Business Wire India): GVK Biosciences (GVK BIO), Asia's leading Contract Research Organization, announced that it is appointed by DuPont Crop Protection as a strategic alliance partner for discovery chemistry services in ... Full story

Sterlite signs new agreement to purchase operating assets of ASARCO LLC

Mumbai, Mar 7, (ANI/Business Wire India): Sterlite Industries (India) Limited ("Sterlite"), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, today announced that it has signed a new agreement with ASARCO LLC ("Asarco"), a Tucson based mining, smelting and refining company, for purchase of substantially all the operating assets of Asarco. The purchase consideration comprises (a) a cash payment of ... Full story

Lavasa’s first business hotel from ITC begins operations

Pune/ Lavasa, Mar 6 (ANI/Business Wire India): Lavasa Corporation Ltd., and ITC's wholly-owned subsidiary Fortune Park Hotels Ltd., today announced the opening of the upscale, Fortune Select Dasve, in Lavasa. The 60-room hotel on the Warasgaon lakefront has been set up in partnership with Fortune Park Hotels Ltd., a ... Full story
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