Online edition of India's National Newspaper
Tuesday, November 09, 2004
GE divests 60 p.c. stake in Indian BPO arm for $500 m
NEW DELHI, NOV. 8.General Electric today announced it has sold 60 per cent stake in its BPO firm GE Capital International Services (GECIS) to two leading investment firms General Atlantic Partners and Oak Hill Capital ...
DHL buys into Blue Dart
MUMBAI, NOV. 8.DHL, the world's leading express and logistics company, today announced an investment of Rs. 730 crores in India towards the acquisition of Blue Dart Express, a premium domestic courier and integrated air express package ...
Festival offers from car majors
NEW DELHI, NOV. 8.Encouraged by the overwhelming response to the Special Limited Edition Opel Corsa 1.4 Elite, targeted at the discerning and exclusivity-seeking customer, General Motors India has launched another Limited Edition of the popular ...
15 p.c. dividend from IDBI
MUMBAI, NOV. 8. Despite a drop in disbursements, the Industrial Development Bank of India (IDBI) has posted a net profit of Rs. 465 crores for the 18-month period ending September 30, 2004, against Rs. 401 crores for the year ending March 31, ...
Nooyi, Kidwai among Women to Watch
WASHINGTON, NOV. 8.Two Indians figure in a list of the world's top 50 business women announced by the Wall Street Journal today.
The inaugural `Women to Watch' survey of the newspaper places Indra Nooyi, President and CEO of Pepsico in ...
IA fleet acquisition
NEW DELHI, NOV. 8.The much-awaited meeting of the Public Investment Board (PIB) to clear the proposal of the Indian Airlines for fleet acquisition is likely to be held here on Wednesday. After the proposal gets the PIB nod, the Rs. 10,000 crore ...
Rail Bijlee on the anvil
NEW DELHI, NOV. 8.The Indian Railways and the National Thermal Power Corporation have started the process of setting up a joint venture company named `Rail Bijlee Company' at Nabinagar in Bihar. The company will generate 1,000-MW power for ...
Wipro extends Quantum deal
BANGALORE, NOV. 8.Wipro Technologies has extended its existing deal with the U.S. based Quantum Corp., a storage solutions maker, to provide design and engineering services, a company release said here on Monday. Wipro was selling Quantum's ...
Microsoft legal settlements
WASHINGTON, NOV. 8.Clearing more legal challenges, Microsoft Corp. announced important settlements on Monday with rival Novell Inc. for $536 million (415 million euro) and with a Washington-based trade organisation that had aggressively backed ...
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