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A journey into the cloud

Polaris CEO tells Sushila Ravindranath he?s focused on building India?s largest financial technology suite, with his client list already boasting…

Slippages continue

With hardly an year more to go, the Eleventh Plan achievement in power capacity addition would be about 50,000-55,000 MW.

Not in twilight zone

The decision of Chancellor Angela Merkel-led coalition to shut down all nuclear power plants by 2022 pushes Germany closer to…

OIL net jumps 30.5%

State-owned Oil India on Tuesday reported a 30.5% jump in net profit in the fourth quarter ended March 31, 2011,…

GMR posts net loss of R1,006.7 cr

GMR Infrastructure on Tuesday reported a consolidated net loss of R1,006.7 crore for the fourth quarter ended March 31, on…

SCI set to raise $800 m via ECB

Shipping Corporation of India said that it would be raising an external commercial borrowings loan of about $700-800 million in…

Persistent to buy Agilent?s French biz

Outsourced software product development services firm Persistent Systems has agreed to acquire Agilent Technologies? software marketing and development business based…

Coromandel buys 42.2% in Sabero

Coromandel International, part of the Chennai-based Murugappa group, has acquired promoters? stake of 42.22% in Sabero Organics Gujarat, a listed…

NBFCs big takers of bank credit

Even as RBI has withdrawn priority sector status for bank credit to NBFCs for the purpose on on-lending, loans to…

Schneider picks up 74% in Luminous

French electrical engineering and power management company Schneider Electric on Tuesday said it bought 74% stake in inverter maker Luminous…