Indian outsourcer Satyam Computer Services said Friday that about 8.22 billion Indian rupees (US$155 million) in its fixed deposit accounts will be frozen for 150 days by India’s Directorate of Enforcement in connection with charges ...
Tags: liquidity, outsourcing, satyam, satyam computer devices
The Dixie Group Inc. reported financial results for the third quarter ended September 29, 2012. In the third quarter of 2012, the company had sales of $65,822,000 and income from continuing operations of $269,000, or $0.02 per diluted ...
Tags: Dixie Group, financial results, Q3, sales, operations
Chip company Advanced Micro Devices on Thursday said it would lay off 15 percent of its workforce as it tries to inch back to profitability at a time when the PC market is slumping. The company will lay off close to 1,800 people, and it ...
Tags: Advanced Micro Devices, AMD, chip, market, PC
MONTREAL, QC, June 09, 2012 /24-7PressRelease/ -- Matrox Graphics Inc. announced today that it has joined the Crestron Integrated Partner Program and is working with the control and automation solutions provider to make Matrox Mura MPX ...
Tags: automation solution, video wall, control system, HD input source
Intel’s CEO, Paul Otellini, has announced he will retire from his role in May next year after eight years at the head of the company. San Francisco-born Paul Otellini has worked for Intel since 1974 and moved through a number of ...
Tags: Intel, CEO, Paul Otellini
When economic times are hard there is always pressure on budgets in every area of business operations. Indeed justifying any spend at all has become subject to ever more intense scrutiny and in IT this has been reflected by vendors ...
Tags: impact, private cloud, IT service delivery
(China Glass Network)Construction Committee of Rizhao City announced that new"Management Approach of Renewable Energy Construction Application Demonstration Project"will be issued.The residential or public buildings of new ...
Tags: Rizhao City, PV power system, subsidy
Western Metal Products Company Limited on Friday began the trial-run of its new multi-billion naira integrated steel mill. This came amid promises of support from the Federal Government that it would be more careful in future in the choice ...
Cynora today unveiled a new flexible OLED prototype,demonstrating yet again the huge potential of OLED technology.One key aspect that sets organic light-emitting diodes(OLEDs)apart from conventional LEDs,is that they are two-dimensional ...
Beazley in Chicago has appointed Pamela Sfikas, a management liability underwriter, to strengthen the company's US team. Pam will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the country. ...
Tags: Beazley, Pamela Sfikas, liability, insurance
The ACE Group, a provider of insurance and reinsurance services, has made two new management appointments within its Continental Europe region, with an aim to boost underwriting capabilities across the region. The insurer said that Jerome ...
Tags: ACE Group, insurance, reinsurance, management appointment
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
ING has appointment Delfin Rueda and Dorothee van Vredenburch as members of the Management Board Insurance EurAsia (MBE), effective from 1 November 2012. As a chief financial officer (CFO) within the MBE, Rueda will be responsible for all ...
Tags: Ing, Vredenburch, management board, ING Insurance
Big advertising budgets aren't easy to come by let alone the time and energy to flawlessly execute them. So instead, why not create an "Idea That Lives In PR" related to your business, your values or what it is you're good at? You might get ...
For the 26 weeks ending 29 September 2012, UK-headquartered The 600 Group plc has announced revenues increased by 9.5% to £19.91 million and net profit before taxation from continuing operations as £1.34 million, a six-fold ...
Tags: Printing Machinery