Instead of tightening purse strings to counter the ongoing recession, many companies are increasing dividend payouts to shareholders, irrespective of whether they are in loss or profit.
The next decade belongs to Indian and Chinese consumers, forecasts a new economic outlook report. Further, the U.S. will see the return of inflation and stocks and resource prices will boom as Asian consumers splurge in the next decade.
Amidst the stiff competition from Apple's App Store, Nokia on Monday rolled out its much-anticipated online software and content store named 'Ovi Store'. Nokia had promised to open the store globally this week.
While the recent announcements of Tech Mahindra doled out more troubles for the Satyam employees, three of the top executives of Satyam BPO put in their papers to seek better opportunities.
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The Yash Birla group has entered into IT industry with the acquisition of Melstar Information Technologies, an application development software services company.
Prasar Bharati Chairman Arun Bhatnagar has resigned, bringing to an end his brief tenure that was marked by a standoff with the public broadcaster's CEO B.S. Lalli and reports of the board becoming a hive of intrigue and politicking.
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Host Analytics, a SaaS corporate performance management (CPM) vendor, has completed an up-round series B financing. The company will use the new resources to accelerate recent momentum.
Sagent Pharmaceuticals, a privately-held specialty pharmaceutical company, has raised $30 million in the series A financing extension from the existing and new strategic investors. The round was led by Vivo Ventures.
Riding on its cost-effective Business Intelligence tools which are open to customization, Chennai based Sryas is sure of grabbing the largest share in the Indian BI market.
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CYNDRAKE School of Information Technology and Management (CSITM)
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