Archive for ‘May, 2008’

20 results.
May26

ADAG’s Reliance Globalcom acquires UK-based Vanco

by admin on May 26th, 2008 at 10:29 am
Posted In: News & Articles

New Delhi (PTI): Anil Ambani group’s global telecom arm Reliance Globalcom on Monday announced acquisition of UK-based managed network service provider Vanco for a consideration of Rs 327 crore (76.9 million dollar). The deal comes amid the Indian conglomerate starting exploratory talks for another overseas telecom acquisition, that of South African mobile major MTN, currently […] ↓ Read the rest of this entry…

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May26

DHL India ‘Best International Logistics Service Provider in India’ and ‘Best Brand Awareness in the Indian Logistics Industry’ Award for 2007

by admin on May 26th, 2008 at 11:24 am
Posted In: News & Articles, Retail Management

DHL India has been awarded the ‘Best International Logistics Service Provider’ and the ‘Best Brand Awareness in the Indian Logistics Industry’ for the year 2007 by Frost & Sullivan. This award is in recognition of its outstanding performance in customer experience and satisfaction for the year 2007. Frost & Sullivan has been conducting studies on […] ↓ Read the rest of this entry…

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May27

Godrej in JV with Tyson Foods for poultry processing

by admin on May 27th, 2008 at 10:05 am
Posted In: News & Articles

MUMBAI: Tyson Foods Inc, the world’s largest processor and marketer of meat products and the second largest food company in the US, is joining hands with Godrej Group for a poultry processing and marketing joint venture in India. The US giant will hold a 51% stake in the joint venture while the rest will be […] ↓ Read the rest of this entry…

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May27

UK retail major Debenhams to expand in India

by admin on May 27th, 2008 at 10:23 am
Posted In: News & Articles

LONDON: Britain’s largest retailer, Debenhams, has announced plans to expand its presence in the Indian market in order to achieve its target of more than doubling international sales over the next four years. The company which opened its first Indian store in October 2007 in Gurgaon with partner Planet Retail, will set up another two […] ↓ Read the rest of this entry…

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May27

AV Birla Groups “MORE” may tie up with Accor for hotels

by admin on May 27th, 2008 at 11:25 am
Posted In: News & Articles

AV BIRLA Group’s retail venture More is holding talks with French hospitality giant Accor for setting up neighbourhood hotels alongside stores for tapping better yields on its high-cost real estate base. Sources said AV Birla Retail and Accor are discussing a hospitality partnership under the latter’s Formule-1 brand, which operates in the economy segment. It […] ↓ Read the rest of this entry…

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May27

Nokia’s Korean plans keep LG on the edge

by admin on May 27th, 2008 at 11:34 am
Posted In: Internet / Mobile

LG ELECTRONICS, the world’s No 4 handset maker, is closely watching rival Nokia amid talk the top-ranked mobile phone maker may cut its prices and re-enter the South Korean market later this year. Shares in LG Electronics tumbled more than 8% on Monday as investors gauged the impact of potential price cuts by Nokia. But […] ↓ Read the rest of this entry…

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May28

Microsoft Touts Touch-Screen Feature for Windows

by admin on May 28th, 2008 at 8:23 am
Posted In: News & Articles

CARLSBAD, Calif. — Microsoft Corp. offered a glimpse of the next version of its Windows operating system, demonstrating a touch-screen technology that could spawn a new class of personal computers in coming years. But the demonstration, coming at least 20 months before the software is expected to be released, also highlights the perception that the […] ↓ Read the rest of this entry…

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May29

Petronas to Pay $2.51 Billion for LNG Project Stake

by admin on May 29th, 2008 at 8:47 am
Posted In: News & Articles

May 29 (Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil company, agreed to pay $2.51 billion to buy a 40 percent stake in Santos Ltd.’s proposed liquefied natural gas project in northeast Australia to tap rising demand for the fuel. Petronas, Asia’s biggest LNG producer, will make an initial cash payment of $2.01 billion, plus […] ↓ Read the rest of this entry…

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May29

The Wolseley restaurant looking for new sites in America and India

by admin on May 29th, 2008 at 11:17 am
Posted In: News & Articles

The owners of one of London’s most successful restaurants, The Wolseley, are looking for a site in New York as part of plans to take the brand international. Following a cash injection two years ago from Dawnay, Day – the London-based private equity group – Jeremy King and Chris Corbin, the brains behind the Piccadilly […] ↓ Read the rest of this entry…

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May31

Carrefour Increases Donations To Sichuan To RMB23 Million

by admin on May 31st, 2008 at 6:07 am
Posted In: News & Articles

Jose Luis Duran, president of the French Carrefour Group, told Sina.com in Beijing that the group would donate another RMB20 million to Sichuan relief operations. So far, Carrefour has donated RMB23 million to the disaster areas. It is also the largest amount contributed by a French company in China. Duran says that the Wenchuan earthquake […] ↓ Read the rest of this entry…

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