In its efforts to thwart Microsoft, IBM had unveiled Lotus Symphony a few months back, challenging the former's dominance in the office desktop software market. The package includes a word processor, spreadsheets and a presentation suite. Edward Orange, director, Lotus Business Unit (Software Group), IBM Asia-Pacific, said, "Since it's free, Lotus Symphony is a formidable challenge to Microsoft's new Office 2007 suite in the market for Windows-based productivity software."
"Prudence and caution" needs to be exercised, warns China.
The Indian arm of global FMCG major Unilever, Hindustan Unilever, was ranked at the fourth spot, Aditya Birla Group was at the sixth spot, Infosys Tech was ranked eighth and another IT major Wipro cornered the 10th slot.
In another example of the growing focus on security in the telecom sector, the Foreign Investment Promotion Board has asked whether US-based Verizon Wireless operates in Pakistan, while deferring its proposal for transfer of equity shares.
Blackstone Group, a global private equity player, is set to increase its focus on India. After setting the ball rolling on its corporate private equity and recently starting off its real estate opportunity focus, the company during the past week has set up Blackstone Altius Advisors, an event-driven strategy focusing on opportunities in the Asia Pacific region. Event-driven strategies are those where PEs fund merger and acquisitions or bankruptcies scenario.
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010.
Global information technology giant Hewlett-Packard (HP) is set to launch its special lines of products, targeting women and the youth in India.
India has been maintaining that Pakistan extends regular support to terror groups like Lashkar-e-Taiba, Jaish-e-Mohammad and Hizbul Mujahideen, whose prime target is India, and has urged FATF to take action against Islamabad.
Germany's Metro AG to invest 300 million euro in India and open wholesale stores in Hyderabad, Kolkata, Chennai and Mumbai.
The US State Department, in its Congressional mandated annual Country Reports on Terrorism for the year 2018, on Friday said even though the Pakistani government voiced support for political reconciliation between the Afghan government and the Taliban, it did not restrict the terror group and the Haqqani Network from operating in Pakistan-based safe havens and threatening the US and Afghan forces in Afghanistan.
Corporate India is indicating cautious hiring in the March quarter of 2023 as concerns rise over possible recession and steady inflation, a survey said on Thursday. According to the ManpowerGroup Employment Outlook Survey, based on interviews with nearly 3,030 public and private employers, hiring intentions will decrease in the quarter both on year-on-year and quarter-on-quarter basis. During the quarter, 48 per cent employers expect to increase their staffing levels, 16 per cent anticipate a decrease in hiring intent and 34 per cent do not anticipate any change in hiring, resulting in a net employment outlook of 32 per cent.
If elected, it would be India's eighth term on the UN Security Council and this two-year tenure will start in January 2021.
'We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.'
As per the plans, the capacity of Bosch's production unit in Bangalore would be hiked to five lakh tools per annum in the next three years from the current installed capacity of 2.2 lakh.
Shangri-La Hotels and Resorts, the leading luxury hotel group of Asia Pacific, opened their first-ever hotel in India on Wednesday in collaboration with India's Eros group in the heart of New Delhi.
The German MRF driver won the Group N (unmodified) class in the 2003 FIA-Asia Pacific Rally Championship.
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
Wipro Infotech, Oracle India and Mumbai-based media and entertainment technology group Media e2e have formed a media technology consortium
Paramount Airways claims to have a break even, as other Indian carriers are facing losses.
An image of Presidents Bush, Hu and Putin at the APEC meeting.
Social media giant Meta on Thursday said its India head Ajit Mohan has resigned from the company.
Radisson hotels and resorts, which are managed by Carlson Hotels Asia Pacific, have been chosen as the "best franchise brand in India' by the Galilelo and Express group.
Hewlett-Packard, which is targeting a 10 per cent growth for its $20 billion imaging and printing group division, expects India to clock the highest growth rate in the coming years.
Latest survey sheds light on how people define success.
Asia-Pacific has been the only region to show growth in the business process outsourcing (BPO) market in the first half of 2007.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
The idea is first to reach 10,000 cases as soon as possible. The imported spirit segment is really growing. \n\n
Armin Kremer took the FIA APRC title after a courageous drive into second place.
India will kick off their Under-19 cricket World Cup campaign against East Asia-Pacific qualifier Papua New Guinea.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
India seems to be better in planning than China but slow in execution.
