Vodafone has reported a significant downturn in revenues for the first six months of fiscal year 2012, with much of the blaming the markets in southern European countries. Revenues for the group were down 7.4% year on year to just under ...
Tags: Vodafone, significant downturn, European countries, worst offenders
Many UK organisations are still failing to understand the implications of data breaches and estimate the costs of recovery accurately,a study has revealed. Of the UK companies that have not yet suffered a breach,58%told the Ponemon ...
Tags: data breaches, UK companies, breaches, cyber crime
IDG News Service-Oracle has taken a minority stake in Engine Yard,maker of a PaaS(platform as a service)for Ruby,PHP and Node.js applications,the company announced Tuesday.Financial terms were not disclosed. Oracle and Engine Yard"are ...
Tags: Oracle, PaaS, Engine Yard, Oracle Cloud PaaS
The Boards of Directors of Pantaloon Retail India Limited(PRIL)and Future Ventures India Ltd,(FVIL)approved a proposal to consolidate their fashion businesses into a new to be listed entity(Future Fashion),which would emerge as one of ...
US Securities and Exchange Commission (SEC) has charged Michael Van Gilder, the CEO of Van Gilder Insurance Company over his alleged role in insider trading during the stake acquisition of Delta Petroleum by Tracinda. The market watch dog ...
Tags: SEC, charged, insurance, insider trading, purchase
Hindustan Copper has locked in lower circuit of 20%at INR 170 on the NSE for second day in a row after the government sold its around 6%stake in the company at a huge discount. The exchange data showed that the government offloaded ...
Tags: Hindustan Copper, government, exchange data, copper
CORTE MADERA, Calif. -- Restoration Hardware says it expects its planned initial public offering of stock will be priced at $22 to $24 per share, raising about $114 million to $124 million for the home furnishings retailer. Restoration ...
Tags: Hardware
Ten start-up companies from media and B2B sectors will be chosen to receive a share of £1m, as well as management and mentoring from UK brands. Start-up tech companies in England have the opportunity to apply for a new accelerator ...
Tags: start-up companies, opportunity, new accelerator programme, incubator
IDG News Service-Softbank's planned US$20 billion investment in Sprint validates the way the U.S.government handled last year's proposed merger of T-Mobile USA and AT&T,Sprint CEO Dan Hesse said Thursday. The proposed 2011 deal,which ...
Tags: Softbank, investment, Sprint
Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday. LMW had bought out the 50% stake held by Rieter in their joint venture ...
Tags: Market View, textile machinery
Despite major global apparel brands making tall claims of following sustainable practices in production of garments,the resource intensive fabric dyeing and printing sector remains a blind spot for these clothing brands. A joint report ...
Tags: dyeing, printing, pollution, materials suppliers, Sustainable Supply Chain
Can you imagine,around 35 representatives from the most well-known worldwide apparel brands and retailers sitting on the same side of the table in the Indian textile hub of Coimbatore?On the other side of the table were leaders of the South ...
Tags: apparel brands, employees, textile, Indian textile hub of Coimbatore
Taiwan-based LED firm High Power Opto has enlisted Semileds to become a shareholder with a close to 10% stake, which makes Semileds the largest single shareholder of the firm. High Power Opto reported net losses of NT$1.108 billion ...
Acquisition of Hawick-based cashmere firm Barrie Knitwear by French fashion house Chanel is now official. Announcing the acquisition, Chanel’s Fashion President Bruno Pavlovsky said the acquisition is a reiteration of their ...
Tags: Chanel, Barrie Knitwear, french fashion house, cashmere knitwear, Barrie
HIGH POINT -- Doug Bassett, president of bedroom manufacturer Vaughn-Bassett, has been named chairman of the High Point Market Authority's board of directors. Bassett, who has been the board's vice chairman and a member of the executive ...
Tags: High Point Market, chair