Archive for December, 2008
Naukri.com says slowdown in hiring by almost 21.9%
Job Index “Job Speak” released- sharper decline as compared to a usual seasonal decline of 10%
New Delhi, December 29, 2008: According to the report ‘JobSpeak’ released by Naukri.com, India’s No.1 Job Site, the Overall Job Index in October 2008 is 781 as compared to 1000 in July 2008 indicating a decline of almost 21.9%. Historically, [...]
FXLabs, Eros launches PC Game on Aamir Khans GHAJINI-THE GAME
Mumbai, London, 29th December 2008: Eros International, the leading studio in the Indian media and entertainment sector, joined forces with FXLabs Studios, the leading end-to-end game development company in India, to launch India’s first 3D PC Action Game based on a Bollywood movie. Developed on the action packed forthcoming film ‘Ghajini’ starring contemporary Indian cinema’s [...]
Ghajini to be screened with subtitles at Big Cinemas
Move to benefit hearing-impaired and non-Hindi speaking audience
Mumbai, 26th December 2008… BIG Cinemas, India’s largest and fastest growing cinema chain will be screening Ghajini with subtitles at select screens in Mumbai. The facility will make the film more accessible to hearing-impaired and non-Hindi speaking guests of the cinema. The film will be screened with English [...]
Satyam Objects to World Bank Statements
Hyderabad, India, December 25, 2008: Satyam Computer Services Ltd (NYSE: SAY) vigorously objects to certain inappropriate statements made by World Bank representatives reported recently in the press. Satyam formally requested today that the World Bank immediately withdraw those statements, that it issue a new statement apologizing to Satyam for the harm done to the company [...]
Mumbai’s Pride The Taj Mahal Palace reopens
Mumbai, December, 2008: At 7:00 p.m. on Sunday, 21st December, the first guests checked back in to The Taj Mahal Palace and Tower. The hotel also witnessed tremendous support for its celebrated restaurants, 5 of which welcomed their first diners at 7:30 p.m. on December 21st. Each of these restaurants received full bookings for the [...]
Satyam Computers: Concerns linger despite damage control exercise
Share buyback consideration- an attempt to restore investor confidence
Do not rule out a near term rally in the stock on announcement
Events of the past week can be used by competition against Satyam
‘Low market cap, high cash balance’ could still appeal to strategic/financial
investors
Could more steps to bring back investor faith be in the offing?
Share buyback consideration-attempt [...]
Tractor Industry Hit Hard by Restricted Finance, Sales Down 20% in Nov 2008
Tractor sales took a severe beating in the month of November 2008, dipping by 20 per cent despite a good monsoon this year. The drop in sales was mainly due to the conservative approach of banks in sanctioning loans to farmers. This was mentioned by Mr. L D Mittal, President, Tractor Manufacturers Association.
Urging the government [...]
Amitatbh and Dhoni Come Together For Promoting Dabur Honey
New Delhi, December 18, 2008: Dabur India Ltd, India’s leading natural healthcare Company, is bringing together two of India’s biggest celebrities — Bollywood legend Amitabh Bachchan and cricketing star Mahendra Singh Dhoni – in a new campaign to promote the health benefits of Dabur Honey. The campaign has hit the screens this December, where Amitabh [...]
IDFC Private Equity to Invests Rs. 200 crore in Deepak Cables
December 16th, 2008, Bangalore: Deepak Cables (India) Limited proudly announced today that it has raised private equity investment of INR 2,000 Million from IDFC Private Equity (IDFC PE), India’s leading private equity fund focussed on infrastructure. Deepak Cables is one of the largest upcoming players in the power Transmission & Distribution (T&D) space having captive [...]