
New Delhi: REpower Systems SE, part of wind turbine maker Suzlon group, has bagged an order worth 90 million euros (over Rs 639 crore) for four wind power projects in Germany. A contract has been received from B rgerwindpark im Kirchspiel Medelby GmbH & Co KG for supplying 27 wind turbines to four projects worth 90 million euros, Suzlon said in a statement on Tuesday.
The turbines are scheduled to be delivered next year and the projects are located in Northern Schleswig-Holstein near the Danish border. Besides, REpower has also concluded a service contract for 15 years runtime with an option for five additional years.
"We are pleased that another community project has selected REpower know-how. Community wind farms, in addition to orders from our major customers, make a considerable part of our German business totaling nearly 50 per cent in the financial year 2012-13," REpower CEO Andreas Nauen said.
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12:08 PM, May 14, 2013

New Delhi: Mike Jeffries, the eccentric CEO of the US clothing retailer Abercrombie & Fitch has done it again. Vocally against large sized men and women, Jeffries has been quoted as saying in news reports that he doesn't want "larger people shopping in his store" triggering a social media backlash. Robin Lewis, author of The New Rules of Retail, told the Business Insider about the kind of people Jeffries wants...

04:24 PM, May 09, 2013

Helsinki: Nokia Chief Executive Stephen Elop said the company would remain focused on using Microsoft's Windows Phone software to compete with smartphone rivals such as Samsung. Nokia's first-quarter results showed incremental gains in sales of Lumia smartphones which use Windows software, while sales of its basic phones - traditionally Nokia's strong point - plunged. That prompted speculation the company may need to adopt a new strategy. "We make adjustments as...

05:01 PM, May 07, 2013

Mumbai: Low cost carrier AirAsia on Sunday said that the AirAsia India board has approved and appointed a Chief Executive Officer for the Indian subsidiary. Earlier, an airlines spokesperson had said that the airline had not yet appointed a CEO for AirAsia India. "The board of Airasia India has approved and appointed a Ceo for Airasia India. He will be a revelation. Thrilled to have him on board," AirAsia Group...

11:35 PM, Apr 21, 2013

New Delhi: Mahatma Gandhi figures among the top three most admired leaders of the world, said a global survey of CEOs conducted by accountancy firm PwC. While Winston Churchill tops the list of 10 most admired leaders, Gandhi figures in the third position after Steve Jobs (co-founder of Apple), said the 16th Annual Global CEO Survey. As part of its annual survey, PwC said it recently asked 1,400 CEOs from...

07:57 PM, Apr 15, 2013

With Mumbai Cricket Association making it clear that Shah Rukh Khan would not be allowed to attend his side's IPL match at the Wankhede Stadium, Kolkata Knight Riders CEO Venky Mysore today said the Bollywood star would be present at the ground "in spirit if not in person". ...

12:08 PM, Apr 02, 2013

A person familiar with Facebook says Zuckerberg is forming a political group to address issues such as education reform, immigration and scientific research. ...

10:33 AM, Mar 28, 2013

Yahoo Inc is in talks to acquire a controlling stake in Dailymotion, one of the world's most popular online video websites, in what would be Yahoo CEO Marissa Mayer's largest deal since taking the reins in July, the Wall Street Journal reported on Tuesday. ...

09:53 AM, Mar 20, 2013

Samsung Electronics, South Korea's tech behemoth, Friday appointed new chief executive officers. Samsung named President Yoon Boo-keun and President Shin Jong-kyun as new CEOs following the company's annual general shareholders' meeting, according to an e-mailed statement. ...

03:22 PM, Mar 16, 2013
![Nokia CEO Stephen Elop's pay package halved in 2012 Nokia CEO Stephen Elop's pay package halved in 2012]()
Elop earned 4.33 million euros ($5.63 million) in 2012, down from 7.94 million euros in 2011. ...

02:06 PM, Mar 08, 2013

He spends most of his time in back-room meetings, away from the red carpets and spotlights for which the city is known. There are few photos of him online, and a few weeks ago, someone created the first page for him on Wikipedia. ...

01:08 PM, Mar 01, 2013

CSA Chief Financial Officer, Naasei Appiah, will assume the role of Acting CEO until the selection process of the new CEO is complete. ...

12:11 PM, Feb 28, 2013

Former Finmeccanica Chief Executive Giuseppe Orsi was questioned in Italy on Wednesday for his role in the tainted AgustaWestland chopper deal. Orsi was arrested on February 12 on charges of bribery in the Rs 3600 crore helicopter deal with India. ...

04:47 PM, Feb 27, 2013

Barely a week after launching an all-new, make-or-break line of smartphones, BlackBerry is already looking at a future in which it is a leader in "mobile computing," Chief Executive Thorsten Heins said on Tuesday. ...

11:04 AM, Feb 06, 2013

Acting on an Allahabad High Court order, the Uttar Pradesh government on Wednesday transferred tainted Chief Executive Officer Noida Sanjeev Saran and placed him on wait list. CEO Greater Noida Rama Raman was given the additional charge in place of Saran, an official spokesman said. ...

06:41 PM, Jan 16, 2013

Lawmakers are making public emails that show that Wal-Mart Stores Inc's cheif executive officer found out in 2005 that the retailer was handing out bribes in Mexico. Democratic Congressmen Elijah E Cummings and Henry A Waxman, who are investigating bribery charges at Wal-Mart's Mexico division, on Friday released emails that indicate that Mike Duke and other senior Wal-Mart officials were informed multiple times starting in 2005 about bribes being made...

07:20 AM, Jan 11, 2013

China's Lenovo Group Ltd, on track to become the world's No.1 personal computer maker, is leveraging on what it calls the "PC plus" era as the company ramps up its plant capacity in major markets including the United States. ...

11:21 AM, Jan 10, 2013

Apple Inc's Chief Executive Tim Cook is meeting with partners and government officials in China on his second visit to the firm's second-largest market in less than a year. ...

01:27 PM, Jan 09, 2013

Your salary may rise or shrink depending on your male boss' firstborn, according to a new study which found that employees can expect a hike if the child is a daughter but salaries may decrease if it is a son. ...

01:12 PM, Jan 07, 2013

Apple CEO Tim Cook got $4.2 million in pay for the latest fiscal year. ...

12:09 PM, Dec 28, 2012