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Companies and Products News

    Microsoft’s new Xbox One unveiled as home entertainment hub

    22 MAY 2013, 04:40 PM

    Microsoft’s new Xbox One unveiled as home entertainment hub

    Microsoft on Tuesday unveiled its eagerly awaited new generation Xbox One videogame console, touting it as a home entertainment hub that goes far beyond games.

    Microsoft,  New Xbox One,  Home entertainment hub,  Videogame console,  Internet games,  

    Local search engine Just Dial IPO fully subscribed

    22 MAY 2013, 04:32 PM

    Local search engine Just Dial IPO fully subscribed

    The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue on Wednesday. The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore shares on offer, data available on the NSE till 1300 hrs showed.

    Just Dial IPO,  Qualified institutional buyers,  QIB,  IPO in India,  Goldman Sachs,  HSBC,  

    GM India to hike prices by up to Rs 10,000 from June 1st week

    22 MAY 2013, 01:19 PM

    GM India to hike prices by up to Rs 10,000 from June 1st week

    General Motors India on Tuesday said it will raise the prices of its entire range of vehicles by up to Rs 10,000 from first week of June to offset the increase in logistic costs following hike in diesel rates.

    GM India,  General Motors,  P Balendran,  Sail U-VA,  GM cars in India,  GM price hike,  

    Vodafone profit plunges by 90 percent on euro zone crisis

    22 MAY 2013, 11:55 AM

    Vodafone profit plunges by 90 percent on euro zone crisis

    British mobile phone giant Vodafone on Tuesday reported a 90-percent plunge in annual net profit after taking a vast impairment charge relating to poor business in debt-laden euro zone nations Italy and Spain.

    Vodafone profit,  Vodafone,  Mobile phone giant Vodafone,  profit of Vodafone,  euro zone,  

    iGATE Chief Phaneesh's sacking a right decision, says NASSCOM Chairman

    21 MAY 2013, 06:52 PM

    iGATE Chief Phaneesh's sacking a right decision, says NASSCOM Chairman

    NASSCOM Chairman Krishnakumar Natarajan on Tuesday said iGATE board has taken a right decision to sack its President and CEO Phaneesh Murthy over alleged sexual harassment, emphasizing that a "quick and decisive" action in such incidents augurs well for the IT industry.

    NASSCOM Chairman,  Phaneesh Murthy,  Krishnakumar Natarajan,  Sexual harassment,  IT industry,  

    iGate sacks its CEO Phaneesh Murthy after sexual harassment charges

    21 MAY 2013, 12:30 PM

    iGate sacks its CEO Phaneesh Murthy after sexual harassment charges

    The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement.

    iGate Corp,  Phaneesh Murthy,  iGate CEO,  Gerhard Watzinger,  Infosys Ltd,  phaneesh murthy scandal,  

    Air passenger traffic down 0.27 percent in April

    20 MAY 2013, 07:31 PM

    Air passenger traffic down 0.27 percent in April

    Domestic air passenger traffic decreased 0.27 percent in April and stood at 50.77 lakh from 50.91 lakh during the corresponding month of last year, the Civil Aviation Ministry said on Monday.

    Air passengers traffic,  Air passengers traffic in India,  civil aviation,  air passengers,  air flights,  decline in air passengers traffic,  

    Samsung launches Galaxy Grand Quattro for Rs 17,290 in India

    20 MAY 2013, 05:38 PM

    Samsung launches Galaxy Grand Quattro for Rs 17,290 in India

    Aimed at maintaining its leadership position in the smartphone segment in the country, Korean handset maker Samsung Electronics on Monday announced the launch of its Galaxy Grand Quattro, priced at Rs 17,290.

    Samsung India,  Samsung Galaxy Grand Quattro,  Price of Galaxy Grand,  Jelly bean operating system,  Digital wallet,  

    Government proposes stronger powers to Sebi for tackling ponzi schemes

    20 MAY 2013, 05:16 PM

    Government proposes stronger powers to Sebi for tackling ponzi schemes

    With an aim to provide stronger powers to Sebi for taking on perpetrators of ponzi schemes and other fraudulent activities, the government has proposed to arm the market watchdog with direct powers to carry out search and seizure operations and for attachment of assets.

    Stronger powers to Sebi,  Ponzi schemes in India,  Collective Investment Schemes,  CIS,  Securities and exchange board of India,  Sebi authorisation,  

    Tata Motors launches new premium hatchback Vista D90 in Nepal

    20 MAY 2013, 03:53 PM

    Tata Motors launches new premium hatchback Vista D90 in Nepal

    Expanding its product portfolio, Tata Motors on Monday said it has launched its new premium hatchback Vista D90 in Nepal, priced up to NPR 26,95,000 (about Rs 17 lakh). "The Vista D90 is altogether a new car, which is power-packed, has first-in-class technologies and sportier looks for thrill-seeking car buyers.

    Tata Motors,  New Vista D90,  Vehicle export to Nepal,  Sipradi Trading Pvt Ltd,  Tata Motors in Nepal,  

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    Delhi CM indicted for misusing public money

    Delhi Lokayukta on Wednesday indicted Chief Minister Sheila Dikshit for allegedly misusing government funds for carr Read More

    Two UP cops attack each other, one critical

    An Uttar Pradesh policeman was in critical condition on Wednesday after he and a colleague clashed with each other w Read More

    Khurshid to visit Saudi Arabia this week

    External Affairs Minister Salman Khurshid will be visiting Saudi Arabia this week for talks with the Saudi leadershi Read More