Shout Box
Personal blog to share my views and to help people get the right information on fast Corporate moves in India, Jobs in India and an insight into the ever expanding and volatile 'jobmarket'.....
- Last build:
- Language:
- en
- Feed URL:
- http://issariesglobal.com/shoutbox/?feed=rss2
RSS FEED IDEMS: Shout Box
- Indian corporate cycle ticking; default rates may rise: Barclays
After achieving robust financial health in the 90s, the credit quality improvement of Indian companies is showing signs of slowing down and default rates could rise in the future, according to a senior Barclays Capital executive. An analysis of Indian corporate paper (bonds) by Crisil shows that default rates were the highest in 1998-99 and [...]
Fri, 14 Sep 2007 06:53:49 +0000 - Aircent acquires DataLinx for $30 million
US-based software company Aricent, which has significant India operations, has acquired DataLinx, a consulting firm in New York, for a value “in the range of $30 million “. Aricent formerly known as Flextronix Software has a global workforce of 7, 500 out of which 5,000 are in India. Aricent [...]
Fri, 14 Sep 2007 06:47:39 +0000 - Head Finance & Accounts - Required Urgently
Company Profile : Our client is the global specialist in vegetable seeds and sharing products, concepts and expertise adding value to the professional horticultural production industry and supply chain. They are a leading supplier of varieties based on a specialized and personal approach and a proximity to the main markets with breeding, screening, sales and expert [...]
Wed, 12 Sep 2007 12:18:11 +0000 - Honda to play fuel efficiency, green card to sell more cars
With its home market stagnating, car maker Honda is accelerating its India plans. And in true Honda style, the strategy will be different than its arch-rival Suzuki. Here’s what Honda, which has just turned 10 in the Indian car market, has planned for the Indian roads. Japanese carmaker Honda is set [...]
Wed, 12 Sep 2007 06:09:11 +0000 - Sonata to invest 1 bln rupees on new centre
Software services firm Sonata Software Ltd said on Tuesday it would invest 1 billion rupees in setting up a development centre in Hyderabad. The centre, to be developed on seven acres of land in a special economic zone, would have the capacity to house 2,600 software professionals. It would be the second development centre for [...]
Wed, 12 Sep 2007 06:04:57 +0000 - Reliance goes shopping in Malaysia
Mukesh Ambani-owned Reliance Industries has hit the acquisition trail. Less than a week after it bought a majority stake and took management control of Gulf Africa Petroleum Corporation (GAPCO), it has snapped up the assets of Hualon Corporation, Malaysia’s leading polyester producer, for an undisclosed sum. Hualon is an integrated polyester-to-textile manufacturing company in Malaysia with half [...]
Tue, 11 Sep 2007 08:04:13 +0000 - Bajaj launches XCD 125 @ Rs 41,000
Amid much fanfare, the much awaited bike from Bajaj, the Exceed, christened as XCD 125 DTS-Si, was launched here today at a price of Rs 41,000 (ex-showroom). The bike is pegged to bridge the gap between the entry level segment (100cc) and the high-end segment (150cc). Since early this year, Bajaj said that it was working [...]
Mon, 10 Sep 2007 07:05:06 +0000 - TCS plans 3rd centre in China; to hire 4,000 more
Tata Consultancy Services (TCS) plans to set up its third development centre in China by the end of current financial year to support its growing clientele in the local market and also the global customers in that country. TCS expects to scale up its headcount by five-folds to around 5,000 from the present [...]
Sat, 08 Sep 2007 05:48:43 +0000 - Air travel to be costlier as airlines increase fares
Domestic air travel will be costlier as major airlines, including state-owned Indian, have increased fares following continuous rise in prices of jet fuel in the past few months. Indian today announced a hike ranging between Rs 45 and Rs 400 in its domestic fares for all discounted, unchecked and apex class [...]
Sat, 08 Sep 2007 05:38:24 +0000 - Corus working on cost-saving technology
Corus is developing an alternative technology for steel-making, which will result in significant cost reduction. The technology would be ready for commercial use in the next couple of years and may be used in Tata Steel’s greenfield projects. B Muthuraman, managing director of Tata Steel, said, Corus has been working on the technology for [...]
Sat, 08 Sep 2007 05:32:21 +0000
