The New York Times has an interesting piece today on India’s growing appetite for military weapons. According to the NYT piece, India wants to spend a humongous amount of money on its military in the near future: Over the next five years, military analysts expect the country to spend as much as $40 billion on […]
With a population of 1.2 billion people, India has a lot of mouths to feed. A lot of mouths, indeed. India’s total foodgrain production target for 2007-2008 is 221.5 million tonnes, the country’s Minister of State for Agriculture Kanti Lal Bhuria told Rajya Sabha, the Upper House of Parliament on Friday. For pulses, the production […]
ArcelorMittal to buy German gas distributor Saar Ferngas AGÂ for $499m Wadias may buy out Danone stake in Britannia at a discount, according to Business Standard Dell profits up 46% in Q2; Revenues Rise 4.8% Microsoft buys group chat software company Parlano
Indian IT services providers Infosys and Wipro are reported to be slugging it out to acquire Bridgewater, New Jersey-based analytics firm MarketRx. According to ET, the valuation of MarketRx is $150 million-$160 million, about five times the start-up’s revenues. The 300-man company, which has offices in the U.S., Europe and India, provides analytics, market research and […]
McGraw Hill has named Deven Sharma president of its tainted financial services division Standard & Poor’s effective immediately. Sharma replaces Kathleen Corbet, who left to “pursue other opportunities”. Sharma was previously executive vice president at Standard & Poor’s with responsibility for Investment Services and Global Sales and before that a partner at management consulting firm […]
Whoa, the battle in the digital single lens reflex cameras (DSLR) market sure is heating up. Less than a fortnight after Canon and Nikon unveiled new DSLR cameras, Panasonic on Thursday rolled out a new 10 megapixel digital SLR camera – DMC-L10. The second DSLR camera in Panasonic’s portfolio, the DMC-L10 offers a 10.1 megapixel Live […]