Shareholders are slated to vote on July 18 on the $24.4 billion buy-back offer of Michael Dell and private equity firm Siliver Lake to go private. But reports suggest that there are, however, stiff opposition, with counter offer.
Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.
Trump described the Gold Card as a "Green Card, but much better, much more powerful, a much stronger path and a path is a big deal. Have to be great people, but much stronger path", which also helps companies.
While Dell has grown its business quite rapidly in India, one needs to be used to the ups and downs in the market place in the country, said the chief executive.
Michael Dell is expected to take majority ownership of the world's third-largest personal computer maker.
The India centre provides both e-mail and telephone-based technical support to Dell's users and develops software applications for the American parent, besides outsourcing work to companies like Infosys.\n\n\n\n
Dell, who was in Davos for the World Economic Forum Annual Meeting, said the company's plant (in Chennai) and the operations and staff size in the country would continue to expand as per the size of the business.
The PC maker will increasingly focus on its business solutions services, and not just personal computing.
Dell, which once led the world in computer sales and was held up as a model of production-chain innovation, is increasingly resorting to price cuts to soothe customers nervous about its future and to spearhead a late foray into the enterprise computing market.
Seeking to enhance its share in the Chinese market, Dell Inc has announced the launch of Direct2Dell Chinese blog site, becoming the first computer systems company to open a corporate blog in Mandarin.
The net income for the quarter ended October 31 stood at $727 million compared to $766 million in same period last year, Dell said in a statement on Friday. The revenues also declined by 3 per cent to $15,162 million during the quarter from $15,646 million in the year-ago period.
Computer maker Dell said it has agreed to pay $100 million in a settlement with US regulator Securities Exchange Commission following a probe into the company's accounting methods and its relationship with chipmaker Intel Corp.
Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny.
Dell Chairman and CEO Michael Dell said computer sales worldwide in the second half of this year will exceed the first half as slowing economic growth globally drives demand for efficiencies. "Of the 300 million computers targeted to be sold this year, majority of these will be sold in the second half," said Dell.
Dell expects its India revenues moving toward $1-billion mark soon.
The world's largest personal computer vendor, Dell opened its third contact centre in Mohali on Monday and plans to take the headcount at the facility to 1,500 in the next 12 months.
When Amazon's Billionaire Boss Jeff Bezos and Lauren Sanchez say 'I do,' the world's glamorous power circle RSVPs yes.
Betting big on India, global PC maker Dell on Tuesday said it has taken the first lead in putting India on the map of branded computer exporting nations.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
Companies in India would empathise with Dell as their delisting experience hasn't been easy, either.
Computer maker Dell expects to double the company's headcount in India to 20,000 over the next three years, its Founder and Chairman Michael S Dell said on Monday.
The modern heroes find themselves in the illustrious company of Bill Gates, Steve Jobs, Henry Ford, Benjamin Franklin, John D Rockefeller, Thomas Edison and Michael Dell.
At the end of the day what counts is that Nabard has been rewarded with the management of another Rs 500 crore
Nasdaq-listed Wipro Ltd on Wednesday said its chairman Azim Premji has been named among the 'greatest entrepreneurs' of all time by BusinessWeek.
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Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to US private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag.
If you have an IT firm, you should avoid encroaching on their turf.
Many say N R Narayana Murthy returned to Infosys only because it was floundering. Ironically, that itself can be interpreted as the great man's biggest failure.
You have to make yourself visible and create opportunities for yourself, advises Gaurav Goyal, co-founder, Scalenut.
According to a 2011 impact assessment study of the programme by Banerjee and Duflo, along with economists Raghabendra Chattopadhyay and Jeremy Shapiro, Bandhan's THP results in a 15 per cent increase in household consumption and had a positive impact on wealth and welfare, such as assets and emotional well being.
The government plans to start 100 centres in two years, which will also become a career counselling centre for job-seekers.
Successors work hard, and many of them succeed and stay for many years. 'But when they don't it is best to be civil and part ways than seek confrontation which might prove acrimonious and futile.'
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