L&T, Narayana Murthy blamed for Bangalore Airport mess
A Karnataka House panel has slammed L&T, Siemens and Unique Zurich Airport for shoddy work at the Bangalore International Airport and recommended black listing them for a minimum period of five years. A joint House panel of the Karnataka Assembly recommended appropriate action against those, including Infosys mentor NR Narayana Murthy, involved in decision making. [...]
Mysore stands third among Tier III cities
Though there’s a feeling that Mysore has lagged in advancing as a happening city over the last 3-4 years, here comes a morale-boosting report, which places Mysore third among the top 10 Tier III cities in the country in job offerings. A study by the Associated Chambers of Commerce and Industry (Assocham) reveals that Mysore [...]
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 [...]
Indian GOVT launches e-Passport Scheme
Government today launched the ambitious ‘E-passports’ scheme with President Pratibha Patil receiving the first copy from External Affairs Minister Pranab Mukherjee here. While the E-passports launched today are meant for the diplomats, it would be issued for the category of officials from next month and general people from September next year. “Around 80 lakh e-passports [...]
Vodafone Offers PreRegisteration form for iPhone 3G in India
Vodafone, one of India’s largest telecommunication provider will offer first iPhone to the Indian market. The date is not confirmed but the site Officially announce the preregistration for the upcoming iPhone 3G device. Register Here
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 [...]
HDFC Bank agrees to buy Centurion Bank
HDFC Bank, India’s third-biggest lender by market capitalisation, agreed on Saturday to buy Centurion Bank of Punjab in an all-share deal in the nation’s biggest financial sector buyout. The boards of the two banks will meet on Feb 25 to consider the share swap ratio and again on Feb 28 to finalise the details of [...]
Hollywood stars in movie deal with billionaire Anil Ambani
HOLLYWOOD’S biggest stars have struck a deal with the world’s sixth richest man to make movies. Brad Pitt, George Clooney and Nicolas Cage, above, along with Tom Hanks and Jim Carey will produce10 films with Indian billionaire Anil Ambani. Film-makers Chris Columbus and Jay Roach have also signed up with Ambani’s Reliance Big Entertainment. Ambani [...]
Infosys may be forced to change name in France
Indian IT giant Infosys may have to change its name in France, as a court there has found its use of this name infringing the trademark as well as business and corporate identities of another firm ‘Infosys France’. While noting that it may be forced to operate under some other trade name in France, Nasdaq-listed [...]
SBI joins Chinese bank to touch 10,000 branches
Public sector State Bank of India on Sunday became only the second bank in the world to have 10,000 branches when Union Finance Minister P Chidambaram inaugurated its latest branch here. Speaking on the occasion, Chidambaram said China’s ICBC Bank was the other bank to have 10,000 branches. Opening 10,000 branches was a great feat. [...]
