The company is likely to increase buy-back offer from Rs 351 to Rs 425-450. The open offer price is likely to be revised from the earlier Rs 351 to between Rs 425 and Rs 450, as the current share prices of Novartis India are above the present open offer price, the sources added.
As part of the initiative, the group will launch around 100 courses, both professional and vocational, to cater to people in small cities. The company hopes that the initiative, which is at the the planning stage currently, would begin by the year-end.
The Business Process Outsourcing companies in India appear to be handling the impact of the global economic crisis much better than IT firms
The BSNL board had last year approved a plan under which the government would divest 10 per cent of its shares to the public. But opposition from the unions backed by the Left parties -- which supported the United Progressive Alliance in the last Parliament -- had stalled the process. That opposition has abated, now that the Left is no longer a factor in the current ruling alliance.
It's celebration time for Bharti Airtel, which last week became the third telecom brand in the world to cross the magic 100 million-subscriber mark in a single country. The gap between Airtel and its nearest competitor, Vodafone, is now about 26 million subscribers.
Ads are used by all websites to monetise and can be seen on every webpage, which makes them a very soft target for malware authors. Compounding the problem is the fact that a single malicious advertisement may only appear once every 1,000 page views or only to viewers from a certain geographic region, thus making it more challenging to detect and eradicate.
Jet Airways, Kingfisher shift flights to low-cost platforms; experts expect a fare war. "Every year, airlines come up with cheap fares in the summer season, but not like this year. I had never seen airlines offering 50 per cent cash-back offers. Now with Jet Konnect and Kingfisher Red, there are more flights to the routes where LCCs used to dominate," says Bhawna Agarwal, co-founder and head of air business, Yatra.com.
These infected drives are used to steal data and leak confidential information. Most of the data theft happens in the banking, financial services and insurance space but medical research and manufacturing are the new additions because these have expensive and valuable intellectual property, templates and patents. Customer information like credit card information and intellectual property are another area of theft.
Among the ways of sweetening deals are cost-saving assurances, doing portfolio assessment or feasibility studies for free, opting for fixed-price contracts, picking up smaller engagements with existing clients and offering more services for the same money.
The government has decided to raise the viability gap funding (VGF) for certain projects under the fifth phase of the National Highway Development Project (NHDP V), owing to poor response to the first few projects put up for bids in December last year.
The kind of spam mails visible around election times are those encouraging voters to view websites of various electoral candidates, sending party manifestos, requesting for votes and party propaganda mails.
To expand its services in the five-player private direct-to-home market, Reliance Big TV Ltd, the promoter of Big TV DTH services of the Reliance ADA Group, plans to sell up to 49 per cent to foreign private equity companies and global DTH players.
With Arvind Jadhav, principal secretary, in the department of infrastructure development of the Karnataka government, emerging as the frontrunner in the race to replace Raghu Menon as the chairman and managing director of the state-owned National Aviation Company of India Ltd (Nacil), which runs Air India, informed sources said Menon lost the coveted job because of his opposition to the airline's proposed joint venture with Singapore Airport Terminal Services (SATS).
The agreement with the new owners of Satyam Computer Services will incorporate restrictions to prevent mass retrenchment of employees, according to a top functionary of the Ministry of Corporate Affairs (MCA).
You can make millions, if you are a celebrity and are willing to license your name to other people's business ventures.
Mumbai is a distant number two with 90 per cent, followed by Delhi at 83 per cent. The fourth metro, Kolkata, is way behind with 67 per cent. The four metros account for 16 per cent of the country's mobile subscriber base, but 25 per cent of the total revenue. That means their residents use their phones more and pay fatter bills than subscribers elsewhere in the country. This is the user profile that rings a bell for mobile phone marketers.
Maruti Suzuki, India's largest car company by sales, is working on an ambitious plan to launch electric cars and compressed natural gas variants for three or four models in the domestic market.
From 'just-for-fun' kind of viruses, the attackers moved to crimeware or Trojans. Now, even as the number of virus attacks has increased, the duration of the assaults has decreased, making it all the more difficult to detect, leave alone kill them. In all years cumulative from 2002 through 2007, internet security firm Symantec created a total of 800,000 unique malware signatures. However, in 2008 alone, this went up to 1,800,000.
Three leading international pharma companies have started due diligence to acquire Wockhardt Ltd's wholly-owned Irish generic drug company, Pinewood.
The economic slowdown has forced many students to take up entrepreneurship because of lack of jobs in the market.
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