New York: The India-born chief executive of Pepsico Indra Nooyi is one of the 18 women who are at present at the helm of America's biggest 500 corporations, according US business magazine Fortune. Nooyi is ranked fourth by Fortune in the list of Fortune 500's "female powerbrokers". "Nooyi has overseen a shift in focus from soft drinks into less profitable, albeit healthier, snack foods market in recent years," Fortune said....
05:04 PM, May 09, 2012
Bangalore/Mumbai: The conservatism that served Infosys Ltd so well for three decades is now stunting its growth, prompting calls from investors for new blood at the top of India's showpiece outsourcer. Critics say Infosys also must shed its aversion to acquisitions, change its premium pricing strategy and make better headway in higher-end businesses like consulting to compete with global rivals IBM and Accenture. "It's one thing to get to the...
12:48 PM, May 07, 2012
New Delhi: Tata Group is the only Indian entity which has managed to find a place in the list of ten best companies for leadership in Asia, according to a study by management consultancy giant Hay Group. The Tata Group is at the fifth position among ten best companies for leadership in Asia list, which has been topped by Samsung Group followed by Toyota Motors and Unilever at the second...
05:18 PM, May 06, 2012
New Delhi: Technology major IBM and software exporter Infosys have emerged as the most preferred employers for engineering and non-engineering graduates, respectively, says a survey. "IBM and Infosys have emerged as the most preferred employers by both engineering (BE/BTech) as well as non engineering graduate (BSc/BBA, BA, BCA) students," said the survey conducted by job portal Firstnaukri.com, focused on entry level hiring. According to the portal, both the companies are...
05:15 PM, Apr 24, 2012
Menlo Park: Facebook has acquired patents from IBM as it girds itself for litigation, including a lawsuit by Yahoo. A company spokesman on Thursday confirmed the purchase but did not provide details. Earlier, Bloomberg News said Facebook acquired 750 patents covering technologies dealing with software and networking. It cited a person with knowledge of the transaction who was not named in the report Thursday. Last week, Yahoo Inc. sued Facebook,...
12:31 PM, Mar 23, 2012
We flip back the pages of tech history to know the important technology events that took place on March 19: 2009: Microsoft announced the global availability of Windows Internet Explorer 8 on March 19, 2009 for Windows XP, Windows Server 2003, Windows Vista, Windows Server 2008 and Windows 7. It brought new opportunities for Web developers. By incorporating the Internet Explorer Developer Toolbar directly into Internet Explorer 8, Microsoft enabled...
05:24 PM, Mar 19, 2012
New Delhi: Tata Steel has topped a list of India's 50 most admired companies, while four other companies from the steel-to-software conglomerate Tata group have also made to the first such rankings. However, the first such list for India, compiled by business magazine Fortune and global management consultancy Hay Group, has nearly half of the total 50 positions being occupied by the Indian units of the foreign companies. Tata Steel...
02:46 PM, Mar 06, 2012
Davos: Infosys, India's second largest software services exporter, aims to expand its workforce in Europe, but is having trouble finding the computer science graduates it needs, the head of its European operations said on Friday. "The biggest problem for us with regard to hiring is that there aren't enough people who want to study computer science in Europe and the UK," said BG Srinivas, head of European operations at Infosys....
09:27 AM, Jan 28, 2012
Bangalore: International Business Machines plans to buy analytics software provider DemandTec for about $440 million in cash. IBM said DemandTec will extend what it calls its smarter commerce initiative, which helps retailers analyse and predict consumer behaviour to adjust prices and products accordingly. IBM sees smarter commerce software sales reaching $20 billion within the next year. The acquisition is subject to DemandTec shareholder approval and is expected to close in...
10:59 AM, Dec 10, 2011
Shanghai: Infosys Ltd, India's No 2 software services exporter, is looking for acquisitions worth up to $ 700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday. Infosys has been on the hunt for acquisitions in the healthcare and life science sectors and is looking at firms that have platforms or niches in geographies that its lacks. "Typically, the size we are looking for is up to 10 per cent...
11:25 AM, Oct 27, 2011
San Francisco: IBM Corp. has passed a milestone, naming the first female CEO in the company's 100-year history. The selection of Virginia "Ginni" Rometty, announced Tuesday, is also a statement about the growing influence of women in the top tiers of the technology world. Two of the biggest technology companies will have female leaders when Rometty's appointment takes effect January 1. Last month, Hewlett-Packard Co. named Meg Whitman, former eBay...
12:48 PM, Oct 26, 2011
New York: Enough with the fun and games. Watson is going to work. IBM's supercomputer system, best known for trouncing the world's best "Jeopardy!" players on TV, is being tapped by one of the nation's largest health insurers to help diagnose medical problems and authorise treatments. WellPoint Inc., which has 34.2 million members, will integrate Watson's lightning speed and deep health care database into its existing patient information, helping it...
02:40 PM, Sep 13, 2011
London: Get ready for the next-generation computers and smartphones that are up to 1,000 times faster than the systems you use today. Computer maker IBM is developing 'skyscraper' computers using huge sandwiches of silicon chips by sticking layer after layer of chips covered with tiny components together. The process, for which IBM has roped in glue maker 3M, will make PCs and smartphones up to 1,000 times faster than the...
09:42 AM, Sep 10, 2011
Bangalore: US IT company IBM is buying Toronto-based risk analytics software firm Algorithmics for $387 million in cash to enhance its financial services capabilities. IBM said the deal, expected to close before the end of October, expands its business analytics capabilities by helping clients manage financial risk. Algorithmics' risk analytics software, content and advisory services are used by banking, investment and insurance businesses to help assess risk, address regulatory requirements...
04:30 PM, Sep 01, 2011
San Francisco: Computers, like humans, can learn. But when Google tries to fill in your search box based only on a few keystrokes, or your iPhone predicts words as you type a text message, it's only a narrow mimicry of what the human brain is capable. The challenge in training a computer to behave like a human brain is technological and physiological, testing the limits of computer and brain science....
12:47 PM, Aug 18, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
