In January this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 51.9, indicating a 24-month high and comparing to the final value of 51.5 in December 2012, as announced by the HSBC. The production ...
Tags: manufacturing sector, economy, HSBC
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Worthington Industries,Inc reported net sales of USD 622.6 million and net earnings of USD 31.8 million,or USD 0.45 per share,for its fiscal 2013 second quarter ended November 30,2012.In the second quarter of the prior year,the Company ...
Tags: Worthington, Westerman, McConnell
The internet is revolutionising the newspaper industry, and for the publisher of the Daily Mail and Metro, it is having the same effect on IT strategy. David Henderson, CIO at A&N Media, says the publisher’s websites attract 100 ...
Tags: newspaper industry, internet, publisher website, IT
A 10MW (megawatt) modular datacentre worth £60m will be built in Birmingham by March 2013 to provide storage services for high street banks, financial services firms, media companies, technology companies and small businesses. The ...
Tags: Datacentre, Computer Products, Birmingham
IDG News Service - Infosys said Monday it has signed a definitive agreement to acquire Lodestone Holding, a management consultancy firm in Zurich with skills in the area of SAP software, as the Indian company attempts to move into ...
Tags: Infosys, Lodestone Holding, acquisition, management consultancy
Respect Your Universe, Inc. announces two new board members. Steven Eklund and Bill Marcus bring with them a breadth of experience in the sports apparel and equipment industries, as well as finance, sales and business development. "Steven ...
Tags: Apparel Accessories, RYU, BoD, Directors
Business reaction to DCMS announcement Local government reaction to DCMS announcement Consultation could hold back broadband roll-out The broadband industry has said goodbye to Jeremy Hunt as he takes Andrew Lansley's old job as secretary ...
Tags: DCMS, broadband industry, cabinet reshuffle
The department for culture, media and sport (DCMS) introduced its new minister to the broadband industry today with controversial rules aiming to speed up deployment of superfast connections across the UK. Maria Miller, who takes over ...
Tags: DCMS, broadband industry, superfast connections, legislative proposals
Vodafone is the latest UK technology company to invest in start-up technology businesses in London. The mobile giant will open a new technology and incubation centre in East London, an area dubbed as Tech City due to its proximity to the ...
Tags: Vodafone, technology business, incubation centre, company news
Outsourcing is on the rise; according to an article at SME Web, UK businesses have increased their spending on freelancers by 134% this year. This makes UK businesses the second largest employers of freelancers worldwide. Some business ...
Tags: Outsourcing, SME Web, freelancers, direct marketing
An undisclosed amount was invested in PrettySecrets;an online brand which offers lingerie,nightwear,swimwear,shape wear&accessories.The investment was led by Rehan Yar Khan,IAN member and Farooq Oomerbhoy,FAO Ventures and co-nvested by ...
Tags: PrettySecrets, Lingerie, investment, Angel
Name: Jon Brilliant Age: 48 Time with company: board of directors when founded, became CFO 3 years ago. Education: Bachelor's degree in accounting from The Pennsylvania State University and a graduate degree, Juris Doctor, from Duke ...
Tags: Jon Brilliant, CFO, Welldoc
Facebook has taken a stake in a $450 million project to link South Asian countries with an undersea cable, a company spokeswoman said Friday. The project is expected to be ready some time in 2014. "We're making this investment to support ...
Tags: Facebook, stake, South Asian countries, undersea cable