13 Indian cos among world’s 500 most valued firms
Thirteen Indian firms, led by Reliance Industries, have made to the list of world’s 500 most valued companies compiled by the UK business daily Financial Times, even as 12 of them fell down from their previous rankings amid weak stock market trends. Excluding tobacco-to-consumer goods major ITC, all the 12 Indian companies present on the [...]
BillGates Last week as Microsoft’s FullTime Employee
Bill Gates isn’t really leaving Microsoft; he’s just shifting how much time he spends there. In late May, I chatted with Gates over cocktails before he and CEO Steve Ballmer made their final public appearance together at the D Conference in Carlsbad, Calif. Gates said he spends about 80 percent of his time at Microsoft [...]
Idea Cellular to buy Spice Communications
Idea Cellular, India’s fifth-largest mobile operator, said on Wednesday it would buy Spice Group’s 40.8 per cent stake in another mobile firm, Spice Communications, at Rs 77.3 per share. Idea also said it would merge Spice with itself through a share swap where Spice shareholders would get 49 Idea shares for every 100 Spice shares [...]
Nokia to acquire Symbian: make it open source
GLOBAL – Nokia today announced a plan to acquire the 52 per cent of Symbian it doesn’t already own and set up the Symbian Foundation, making the platform open source in the process. The ambition is to create “the most attractive platform for mobile innovation and drive the development of new and compelling web-enabled applications” [...]
The Evolution of Tech Companies Logos
You’ve seen these tech logos everywhere, but have you ever wondered how they came to be? Did you know that Apple’s original logo was Isaac Newton under an apple tree? Or that Nokia’s original logo was a fish? Let’s take a look at the origin of tech companies’ logos and how they evolved over time: [...]
Mukesh Ambani to head India-Russia CEOs’ forum
Reliance Industries Chairman Mukesh Ambani will co-chair the India-Russia CEOs’ Council, which was established on Wednesday to strengthen bilateral business cooperation in the areas of oil, energy, power, transport, telecom and high technology. This was announced by Commerce and Industry Minister Kamal Nath at the conclusion of the 2nd meeting of India-Russia Forum on Trade [...]
AOL to End Netscape Support in March
Today, we would’ve been penning AOL’s Netscape’s orbituary had it not been for the last minute breather given to the browser on Wednesday this week. Tom Drapeau, director of Netscape, AOL, who famously stopped development on Netscape in December last year, and who set Feb 1, 2008 as the deadline for ending all support to [...]
Hyundai to make India global hub for small cars
Hyundai Motor India (HMIL) plans to invest $1 billion overall in its second plant, which commenced operations here on Saturday. This will further strengthen its resolve to make India its global hub for manufacturing small cars. As part of its expansion programme, the company has so far invested $750 million and plans to invest the [...]
What is Recession?
I come across most of folks ask me about what is recession and how it affects the country’s economy. It gives me chance to bring some good resources into this blog. I have collected excerpts from few sites and posting here. about.com The official definition of recession is when GDP growth is negative for consecutive [...]
