Archive for June, 2008

Subhiksha Acquires Majority Control of Chennai’s Blue Green Constructions

Chennai, Tamil Nadu, India, June 30, 2008: In a move to further accelerate its growth plans, Subhiksha, India’s largest Food & Grocery discount retailer, is acquiring a majority stake in a Chennai Based listed company, Blue Green Constructions and Investments Limited. The respective Boards of Subhiksha and Blue Green are also meeting on Monday to consider a [...]

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ISB students take on a green mission

Hyderabad, June 30, 2008: Students of the Indian School of Business (ISB) today announced the launch of a year-long initiative called “Cleaner and Greener ISB”. Under this initiative, students will develop environmental projects that are ‘sustainable and measurable’.
On this occasion students of ISB welcomed Shrenik Rao, an environment activist, to the campus. Rao is in [...]

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Mei Ta Industrial Company, Taiwan to invest in Andhra Pradesh

HYDERABAD,  22 June 2008: A Memorandum of Understanding(MoU) has been signed by Mr Chen Yu San, Chairman of Mei Ta group and Mr B Sam Bob, Principal Secretary, Industries, Government of Andhra Pradesh for setting up an auto component manufacturing base in Naidupet Industrial Park in the presence of Chief Minister Dr Y S Rajasekhara [...]

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Inflation is a Threat to Growth: CII

Inflation is a Threat to Growth: CII
Huge Challenge Before Government
At 11.05% growth in WPI for the week ending 7th June 2008, inflation is reaching the concern zone, said CII in a press release issued here today. This is the first weekly figure to factor in the fuel price hikes, which were announced on 4th June, [...]

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Yahoo! Announces Global Availability of Two New Email Domains

World’s largest email service gives people the chance to get the email address they’ve always wanted with the launch of ymail.com and rocketmail.com
India & Sunnyvale, Calif. – June 20, 2008 – Yahoo! Inc. (Nasdaq: YHOO) today announced the global availability of two new email domains that will give users the chance to register for the [...]

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Empee Sugars sets up state-of-the-art complex

Mumbai, June 20, 2008: Empee Sugars and Chemicals Ltd, a unit of Chennai-headquartered Empee Group, is setting up a state-of-the-art, integrated sugar complex with a capacity of 5,000 TCD (tonnes crushing per day) in Ambasamudram taluk of Tirunelveli District in Tamil Nadu.
“The capacity of the integrated complex is expandable to 8,000 TCD. The plant will [...]

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Gemini Communication acquires majority stake in Chennai based Veeras Infotek

GCL to become one of the Top 3 players in the network security domain
Converges for consolidation of skills, resources and customer base
GCL acquires 51% stake; funds acquisition through internal accruals
Chennai, June, 2008: Gemini Communication Ltd. (GCL), one of India’s most innovative networking companies has acquired a majority stake in privately held Veeras Infotek, a Chennai [...]

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More Internet Users to Benefit from VeriSign EV SSL Protection as Mozilla Launches Firefox 3

Growing Browser Support for Extended Validation SSL Means More Internet Users Can Now ‘See Green’
Mumbai, June 18, 2008 – The latest version of the Mozilla Firefox Web browser features advanced security protections that can help Mozilla’s 175 million users from unwittingly giving sensitive information to e-criminals.  That’s because Mozilla Firefox 3, launched today as part [...]

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The Boston Consulting Group study finds Managing Talent a big challenge

‘Managing talent’ identified as top global challenge by the largest ever study on talent management conducted by The Boston Consulting Group
Global Survey of 4,741 Executives in 83 Countries, Conducted by The Boston Consulting Group and the World Federation of Personnel Management Associations, Identifies four critical issues in India and China: managing talent, improving leadership development, [...]

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Lenovo Debuts its Latest Ready-to-Wear PC Fashion Accessory: IdeaPad U110

Award-winning notebook premieres in stores
Mumbai, INDIA, June 19, 2008 – Lenovo today announced the availability of the IdeaPad U110 consumer notebook PC in India. The IdeaPad U110 is the star of Lenovo’s IdeaPad entertainment and fashion-oriented notebook collection and winner of three Best-of-Show awards at the 2008 Consumer Electronics Show.
“Customers end up compromising either looks [...]

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