Business News

Top Ten Best Companies To Work For, Admired Business Companies

Posted on May 3, 2009. Filed under: Business News | Tags: |

The inventor of iPhone, Apple, for the second year in a row has topped the Fortune list of the most admired companies in the world, but no Indian company has made the cut. There are 19 companies from Japan and 17 from Germany. [ad#ad-1] Rank: 1 Rank in Computers: 2 (Previous rank: 2 Overall score: [...]

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Google First $100 Billion Dollar Company, List of Most Valuable Brands

Posted on May 3, 2009. Filed under: Business News | Tags: , |

Google Googly to world. A 10 year old company can reach to $100 billion in such a short span of time. Unbelievable story for business professional but a good motivation for young business graduate. The phrase “I’ll just Google it” has helped make the internet search giant become world’s first $100 billion brand beating other [...]

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Brand Positioning and Punch Lines Do They Help Companies in Brand Building

Posted on May 3, 2009. Filed under: Business News | Tags: |

Little did our Beloved “NETAJI” Subhash chandra Bose knew that when he requested his followers ‘Tum Mujhe Khoon Do, Main Tumhe Azaadi Doonga”, he was actually marketing a product that is’FREEDOM’ with this Punchline. In the process an old women donated all the jewellery she had for the cause of freedom even when she had [...]

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TCS Q4 Results Profit Falls By 2.1% to Rs 1,333 cr

Posted on April 20, 2009. Filed under: Business News | Tags: |

India’s largest IT services provider, Tata Consultancy Services (TCS), registered a consolidated net profit (Indian GAAP) of Rs 1,333 crore for the fourth quarter ended March 31, 2008. While its net profit was up only 7 per cent up as compared to the same period last financial year (YoY), sequentially (QoQ), the growth declined by [...]

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Shikha Sharma New Managing Director and CEO of Axis Bank

Posted on April 20, 2009. Filed under: Business News | Tags: , , |

Private sector lender Axis Bank on Monday said its board has recommended the appointment of Shikha Sharma, currently chief of ICICI group’s life insurance business, as its next Managing Director and CEO. Axis Bank’s current Chairman and CEO P J Nayak did not agree to the board’s decision and told the directors he would leave [...]

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Oracle Buys Sun Microsystem in $7.4bn

Posted on April 20, 2009. Filed under: Business News | Tags: |

Database giant company Oracle decided to buy “Father of Java Company” Sun Microsystems in a $7.4bn (£5.1bn) deal, just two weeks after takeover talks with IBM fell apart. The Oracle offer of $9.50 a share in cash was at a 42 per cent premium to the high-end server maker’s closing stock price on Friday. Sources [...]

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Infosys To Fire 2,200 employees for non-performance, Freezes Recruitment

Posted on February 6, 2009. Filed under: Business News | Tags: |

The economic slowdown has made Infosys Technologies, India’s second-largest IT services firm by revenues, take a harder look at employee performance. The firm has put 2,200 employees under the scanner for non-performance this year more than double the number last year, a senior executive said. Last year, about 1.5% of IT services staff or about [...]

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Top 10 World’s Best Companies To Work For

Posted on January 24, 2009. Filed under: Business News | Tags: |

California technology firm NetApp has taken Google’s crown as best company to work for in 2009, according to an annual Top 100 list published by Fortune Magazine. The rankings are done by San Francisco’s Great Place to Work Institute, which reportedly surveyed more than 81,000 employees from 353 companies. St Louis-based brokerage Edward Jones was [...]

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ICICI Bank on Slow Growth, Q3 Results Only 3.4% Growth

Posted on January 24, 2009. Filed under: Business News | Tags: |

ICICI Banks performance as its net profit for Dec’08 quarter posted a growth of a mere 3.4% on year-on-year  basis. The bank’s business (sum of advances and deposits) fell by 5.3%  compare to last year. Lower expenses and treasury gains saved the day for ICICI Bank. The bank reported a marginal rise in net profit [...]

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Satyam Employees, Please Don’t Apply To Infosys For Jobs ?

Posted on January 14, 2009. Filed under: Business News | Tags: |

Amidst the outrage among certain Satyam employees to Infosys Co-Chairman and Chief Mentor N R Narayana Murthy’s statement last week that Infosys would not recruit employees from the disgraced IT firm based in Hyderabad, top Infosys executives on Tuesday stood by their stand. They also couched their views on the Satyam scam in decidedly softer [...]

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