In what could mark the end of a bull run, flat steel producers are likely to cut prices from June.
Peter Gartenberg, SAP India Managing Director tells about the changes taking place at SAP globally
People tend to think that online means access to information on the fly. But that does not mean that any individual can access the data, says Sunil Chandiramani.
Teesside, located in the north-east region of the UK, is an important part of the Tata Group's business presence abroad. It also has two contrasting tales for India's largest business group.
Says Bhushan-Essel combine, the highest bidder, has withdrawn but latter denies having done so.
Tata group Chairman Ratan Tata did live up to his promise of delivering a Rs 1 lakh car. But, that promise is now costing Tata Motors dear.
Japan's leading information technology services and solutions provider, NTT Data Corporation, has emerged as the most aggressive suitor for Indian software services firm Patni Computer Systems. NTT is in advanced talks with the promoters of Patni Computer to buy their combined 46.5 per cent stake, investment banking sources said.
MindTree, the Bangalore-based information technology services provider, has bagged the application development services segment of the Nandan Nilekani-headed Unique Identification (UID) project, renamed as 'Aadhaar'. This is the first of the many IT projects that has come up for bidding till date.
India's second-largest software services company, Infosys Technologies, for instance, plans to hire close to 30,000 this financial year.
Infosys, India's second-largest information technology services provider, believes winning two to five 'transformational' deals in the range of $30-80 million for the company every quarter could become a norm.
Tata Consultancy Services (TCS), Infosys Technologies and Wipro were eliminated from the selection process for the project on technical grounds. Another IT major, HCL Technologies, was also rejected. The size of the project is not yet known.
When the country's largest iron ore producer, NMDC, declares its financial results for 2009-2010, it will report a Rs 1,000-crore drop in net profit. Not on account of last year's slowdown, but Naxalite attacks.
Railway Minister and Trinamool Congress chief Mamata Banerjee gave Singur, the erstwhile site for Tata Motors' Nano that made her popular, a miss.
Polaris gets over 90 per cent of its revenue from exports. Till financial year 2009-10, the company did not actively think about a strategy to buy space in a special economic zone.
CanvasM, a joint venture between Tech Mahindra and Motorola, is planning to launch 6,000 new indigenously developed applications for mobile phones.
Players slash prices to leverage the popularity of IPL matches on the internet.
Rana Som, chairman and managing director of state-owned miner NMDC that is currently raising money through a follow-on public offer, is something of a contrarian. He believes the government gives employees more decision-making freedom than private sector promoters.
All car makers passed on the two per cent hike in excise duty to consumers soon after the Budget.
Imagine this scenario. Pyarelal Shankar a grocery store owner in Haryana is not computer literate. Yet, he manages to regularly update his inventory online.
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