Auto and farm equipment major Mahindra and Mahindra on Wednesday said its US-based subsidiary will open a new assembly and distribution centre by the end of this month.
The Independence Day weekend in America was a memorable one for hundreds of Jain teenagers and young adults from North America. Some of them were inspired to change their diet. Several of them may have met their future spouses. Others learned about the history of their ancestors. Many found a way to relate to their spirituality.
The Telugu flick starring Chiranjeevi's son Ram Charan Teja will release in 14 countries.
The comic book movie, which has seen various efforts to bring it to the screen over the last two decades, grossed over the weekend a decent but unspectacular $83 million, nearly 55 percent of it in North America. Slumdog, which was number one film for just one week in its dream run worldwide, made about $18 million. It lost about 35 percent of its box-office clout after having soared to the top amidst post Oscar celebrations.
Harish Thawani, Nimbus Communications' flamboyant CEO, wants to take the Neo sports channel to such new markets as Malaysia, Thailand, Indonesia Europe and North America. The aim, he says, is to achieve an over 50 per cent growth in market share next financial year.
The current turbulence in world financial markets notwithstanding, there exists a positive attitude among private business owners in emerging economies, particularly in India and China, toward mergers and acquisitions, says a global survey.
New York's North American and the UK grosses looks small compared to that of Yash Raj's big hit Rab Ne Bana Di Jodi. But that of course starred Shah Rukh Khan, and was directed by Aditya Chopra.
Intense global competition and rapid growth are forcing Indian firms to examine corporate enterprise risk management (ERM) elsewhere, especially in Europe, Australia and North America, where the process is more mature, according to a study. ERM is a cohesive, enterprise-wide process allowing companies to identify, assess and respond to the social, political and economic risks of doing business.
The Federation of Indian American Christian Organisations of North America on Friday staged a protest outside the United Nations headquarters and urged Secretary General Ban Ki-moon to look into the 'naked violation' of human rights of Christians in Orissa.Holding placards with slogans that read 'Ban VHP,' 'Stop Burning Christians alive in Orissa,' and 'Deploy Army to Orissa to Christians,' the FIACONA activists staged a three-hour protest outside the UN.
With the mantras 'Explore, Dream, Discover,' the 17th edition of the three-day Network of Indian Professionals in North America (NetIP) conference to be held in Boston offers to the 800 participants opportunities to hear industry leaders and stalwart professors, including Gururaj 'Desh' Deshpande of Sycamore Networks; Tarun Khanna, professor at Harvard University Business School; and Vikram Akula of SKS Microfinance.
From a poor farmer's family to IIT-IIM to the tallest peaks in the world, Malli Mastan Babu's story is the stuff movies are made of, discovers Chandrima Pal.
Terminator Salvation is a big winner, after all.
TCS, Wipro, Infosys, Sasken may feel the heat as Nortel files for bankruptcy protection.
Glenmark plans to start selling its anti-diarrhoea drug, Crofelemer, by the first-half of 2010 across the globe, except in North America, Europe, Japan and China, the company said. The confidence to sell the drug ahead of its rivals comes as the Crofelemer's original developer, Napo Pharmaceutical Inc, recently entered into a tie-up with a US-based drug maker, Salyx, for selling the drug in the US market, paving the way for Glenmark to sell it in the rest of the world.
Competitive video gaming, dubbed esports, is appearing for the first time at a major multi-sport event.
The successful opening of Julie & Julia proves what a wonderful box-office draw the 60-year-old actress has become in recent years.
The highest domestic offer stood at Rs 24 lakhs (Rs 2.4 million) made by an investment bank based out of Mumbai. Though this is a decrease from what was achieved last year, the institute managed to minimise the impact on both the average salary and the median package. Despite the global economic slowdown, IIMK students ended the placements with an average annual salary of Rs 10,56,000.
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
Funny People, a comedic drama with Sandler leading the cast had a disappointing opening at the US box office.
Chris Kattan hopes his film will win millions of admirers, who will see a different kind of exaggerated reality than the one in Slumdog Millionaire.
A Vedic temple housing more than a hundred deities, including the tallest images of Lord Venkateshwara and Lord Nataraja in North America, was inaugurated in Montclair, California. At the temple -- the result of a vision of Paramahamsa Nithyananda, founder of the Nithyananda Mission and the Nithyananda Vidyapeetham -- Vedic knowledge, Vedic rituals and Vedic lifestyle all come together under the same roof.
TANA is one of the largest Indian organizations in the US and a split in it upset most people. The 17th national conference is scheduled for July in Chicago.
The 24-year-old Tunisian is the only player from the continent in the women's draw and only the second Arabic woman ever to crack the top 100 in the WTA rankings.
Automobile firm Hindustan Motors today launched sports utility vehicle 'Outlander' in the country, priced at Rs 20.2 lakh) Rs 2.02 million), ex-showroom.
The romantic comedy, which cost about $40 million, could earn over $200 million worldwide.
Leading contract drug maker Jubilant Organosys on Friday announced the acquisition of Canadian speciality drug company DRAXIS Health for $255 million (around Rs 1020 crore). The board of DRAXIS has given its unanimous approval and the transaction is expected to close in the second quarter of 2008 after the necessary shareholder and court approvals.
Though it is smaller than the $11 billion BPO exports market, it is expected to reach $6 billion by 2012, according to a new Ernst and Young study. The domestic BPO market, hence, presents a huge untapped growth opportunity. Its addressable market opportunity is in the range of $16-19 billion by 2012, with significant business growth coming in from sectors like BFSI (banking, financial services and insurance), telecom, media, retail and government.
Country's second largest IT firm Infosys has crossed the $2 billion revenue mark in Europe for the first time, driven by strong demand for consulting and system integration (CSI) services.
After high-profile exits in the past couple of months, Infosys, the country's second largest information technology services company, has undertaken a top-level management restructuring.
London-based Institute of Jainology received a Heritage Lottery grant of 375,000 pounds towards the creation of an ambitious online multimedia resource which will illustrate Jain manuscripts and artifacts held by major British libraries and museums. While some in the Jain community have congratulated the institute, others have been very critical of it for accepting this money, thus dividing the Jain community in North America and England.
Christian Bale proves with his newest film Terminator: Salvation that he is no Arnold Schwarzenegger.
With his first English language film Slumdog Millionaire shining among the top 10 films of the weekend on three continents, Anil Kapoor, who plays a complicated quiz show host in it, has set a record for an Indian actor.
With an integrated network of marine, air, road and rail systems, the Atlantic Gateway provides strong connections to global markets, he said, adding that upon entry, goods flow easily through the Gateway's transportation corridors to major markets in Central Canada and the US.
M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.
These service centres will be set up across India, North America and the Middle East to cater to specific steel requirements of the auto, white goods and SME sectors. Essar intends to set up about 15-20 such centres with a cumulative capacity of 4.2 million tonnes per annum as against the present 2.5 MTPA. The Rs 1,000 crore proposed for the project would include the costs incurred on expansion of the company's existing service centres, Essar Steel Group CEO J Mehra said.
Leading home appliances maker Electrolux today said it will be trimming its global workforce by more than 3,000 employees primarily in the wake of weakening demand in Europe and North America.
Mills & Boon has launched its own publishing operation in Mumbai in the expectation that India will rapidly become the world's largest market for romantic fiction outside North America.
Under Glenmark's 2004 collaborative deal with Forest, the latter had the right to develop and sell the asthma and chronic obstructive pulmonary disorder drug in North America for an upfront payment and additional fees for each developmental milestone that could total $190 million in all. Upon commercialisation, Glenmark will retain the rights for selling the drug for the rest of the world while Forest will continue to sell the drug in North American.
The Aamir Khan-starrer has grossed $21 million in four days across the globe.
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