Archive for the ‘Business’ Category

RIM’s statement on BlackBerry battle

RIM’s statement on BlackBerry battle

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New Delhi: In response to the statement published today by the Government of India, and further to RIM’s Customer Update dated August 2, RIM wishes to provide this additional information to its customers. This post was submitted by Harshit Agrawal. Read More →

SBI net profit up 25% in Q1 despite rise in bad debts

SBI net profit up 25% in Q1 despite rise in bad debts

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New Delhi: Notwithstanding an increase in its bad debts, the country’s largest lender SBI today reported an over 25 percent growth in net profit to Rs 2,914.20 crore in the first quarter of this fiscal on account of the highest net interest income in three years. This post was submitted by Virendra Kumar yadav. Read More →

India may temporarily ban BlackBerry services

India may temporarily ban BlackBerry services

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NEW DELHI: India may temporarily shut down BlackBerry services if security concerns are not addressed in a meeting on Thursday, sources said, a sign the Canadian firm’s tussle with authorities around the world is far from over. This post was submitted by Anil Kumar Chaudhary. Read More →

Mandira Bedi to endorse lingerie brand

Mandira Bedi to endorse lingerie brand

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After acting in TV serials and films, hosting shows, and playing cricket presenter, Mandira Bedi is now all set to endorse lingerie brand Bodycare.The actress feels women have become more choosy about lingerie and says the brand she’s endorsing is cute and fun. This post was submitted by Anil Kumar Chaudhary. Read More →

Bharti Airtel to buy Telecom Seychelles

Bharti Airtel to buy Telecom Seychelles

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New Delhi: Continuing its acquisition spree in the international market, Bharti Airtel on Wednesday said the company will acquire 100 per cent stake in Telecom Seychelles for USD 62 million (about Rs 288 crore). This post was submitted by Anil Kumar Chaudhary. Read More →

Zeus Trojan steals $1 million from U.K. bank accounts

Zeus Trojan steals $1 million from U.K. bank accounts

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Consumers and businesses in Great Britain have lost more than $1 million so far this summer from a Trojan that is infecting their computers, prompting them to log into their bank accounts, and then is surreptitiously transferring money to scammers in other countries, This post was submitted by virendra kumar yadav. Read More →

Oracle CEO blasts HP for Hurd’s exit

Oracle CEO blasts HP for Hurd’s exit

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SAN FRANCISCO: Oracle Chief Executive Larry Ellison blasted Hewlett-Packard for forcing CEO Mark Hurd to resign. This post was submitted by Chinmaya. Read More →

Nano technology existed since 500 BC, says Kulkarni

Nano technology existed since 500 BC, says Kulkarni

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NAGPUR: “Ratan Tata may have christened his small car ‘Nano’, but there is nothing ‘nano’ about it. However, you never know. In the future, a small car could be made from nano materials. This post was submitted by Rishi. Read More →

Splitting RBI won’t work: Bimal Jalan

Splitting RBI won’t work: Bimal Jalan

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Terming the recent spat between IRDA and SEBI over the ULIP issue as “unfortunate”, former RBI governor Bimal Jalan said it is best not to tinker with the autonomy of RBI and splitting the central bank into two separate bodies “won’t work”. This post was submitted by Virendra Kumar yadav. Read More →

S.Korea Hyundai Steel raises Sept export prices

S.Korea Hyundai Steel raises Sept export prices

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South Korea’s Hyundai Steel (004020.KS: Quote) said in a statement on Tuesday it would raise export prices of its major steel products by about $40-$50 per tonne from September due to rising steel scrap prices. This post was submitted by Rishi. Read More →

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