Business Line reported that Mr MP Purushothaman chairman of Empee Distilleries’ as saying that with Empee Distilleries’ major projects going on stream and a restructure at an advanced stage, the company hopes to do better in the ...
Tags: Empee Distilleries, MP Purushothaman, commercial development
While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...
Tags: Hindustan Copper, copper ore, LME, India
Advanced Micro Devices has cut orders to contract chip manufacturer GlobalFoundries, expecting a "choppy demand environment" in the next few quarters. The company said Thursday it has amended its wafer-supply agreement to cut its purchase ...
Tags: chip, AMD, GlobalFoundries, PC, server, graphics processors
A Dutch court has banned sales of Samsung Electronics' Galaxy products that infringe on an Apple patent describing a way to scroll through a photo gallery using a touchscreen. The ban only applies to Galaxy products that run Android 2.2.1 ...
Tags: Dutch court, Samsung Electronics, Galaxy products, Apple, patent
Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
Business Standard reported that TATA Group's holding company,TATA Sons,has pledged shares worth over INR 2,600 crore in three flagship group companies. On December 24th,TATA Sons pledged 11 million shares in TATA Motors,10 million in TATA ...
Tags: TATA Group, TATA Sons, INR
French telecom equipment company Alcatel-Lucent plans to cut 5,000 jobs after reporting a net loss of $308 million in the second quarter, it said on Thursday. A performance program announced by the company will also involve exiting or ...
Tags: telecom equipment company, jobs, net loss, second quarter
Cameleon Software, Europe's leading provider of configure - price - quote - software (CPQ) and product configuration software, announces record quarter with 41% year over year growth. CHICAGO, IL, July 12, 2012 /24-7PressRelease/ -- ...
PTI reported that Bhushan Steel Limited said that it will seek shareholders nod to raise up to USD 1 billion through issue of fresh securities. The company said in a filing to the BSE “The directors of the company passed resolutions ...
Tags: USD, circulation, resolution
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies published a trading update for the nine months of 2012 ended 30 September, 2012. 9 moths 2012 FINANCIAL HIGHLIGHTS 1. ...
Tags: Metinvest BV, steel, mining, company news
PTI reported that Binani Industries has given in principle approval to divest its holding in subsidiary firm Binani Cement by up to 40%. The company said that"The Board of Directors of the company at its meeting held on December 24th ...
Tags: Binani Cement, PTI, divest stake, India
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market. Apple, ...
Tags: Tech stocks, IT vendors, technology market, Apple, Facebook, SAP
Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply, reports ...
Tags: Asia, China, ENVIRONMENT, Japan, Mongolia, Rare Earth, Rare earth metals
RIA Novosti reported that London listed TransContainer saw its IFRS nine month 2012 net profit grow 42.8% YoY to RUR 4.273 billion (USD 140 million). Analysts expected the rail cargo operator to post a net profit of RUR 4.38 billion in ...
Tags: TransContainer, net profit, rail cargo, container transportation