Archive for May, 2010

New Delhi: McAfee announced that it has entered into a definitive agreement to acquire privately owned Trust Digital. Trust Digital is a leading technology provider of enterprise mobility management and security software targeting Global 2000 companies and is deployed by a growing number of businesses to deliver mission critical data to the point of service using Apple iPhones and iPads. McAfee expects that Trust Digital’s strong foot-hold ... Full story

New York: Social networking site Facebook has been adjudged as the most visited site on the web in April by a list compiled by search engine Google. According to the list of top 1,000 websites, Facebook scored more than 540 million unique visitors in April, reaching a whopping 35.20 per cent of the all the Internet consumers. Besides, the company served 570 billion page views during the ... Full story

By Jorn Madslien Business reporter, BBC News The firm said it remained committed to the UK Carmaker Jaguar Land Rover is going to start assembling vehicles in China, the BBC can confirm. "We will need to manufacture at least two models in China," said chief executive Carl-Peter Forster in an interview. "We'll take one to two years to set it up, but first we will need a partner." The company said ... Full story

New trade figures have offered further evidence of Japan's continuing export-driven recovery. Exports in April jumped 40.4% from a year earlier to 5.9 trillion yen ($65bn; $45bn), marking the fifth straight monthly year-on-year increase. Exports were boosted by global demand for Japanese cars and semiconductors. And exports to other parts of Asia, which account for more than half of Japan's total exports, rose 45.3% from a year earlier. "Exports ... Full story

New Delhi, May 30 (PTI) Bank customers can soon withdraw up to Rs one lakh in a single day from ATM machines, and can shop for even an higher amount of Rs 1.25 lakh with their debit cards. Also, as much as Rs three lakh can be transferred in a day to another account through ATMs as also over phone. The enhanced limits for ATM withdrawals, debit ... Full story

Mumbai, May 30 (PTI) Companies mopped up Rs 1 lakh crore through primary markets during 2009-10, six times more than Rs 16,408 crore raised in the previous fiscal when the economy came under the impact of global financial meltdown. There were 138 issues in all during 2009-10 against just 49 during the previous year, SEBI said in its monthly bulletin. Of these 138 issues, there were 39 ... Full story

New Delhi, May 30 (PTI) With the increasing threat to life and infrastructure due to terrorism and Naxal activities, industry body CII has suggested a concept of 'safe city' to ensure protection with the help of technology. The safe city concept, to be implemented under public-private partnership model, would offer a proactive system to detect and prevent threats to infrastructure and economic centres, said a CII-HCL ... Full story

Mumbai, May 30 (PTI) Led by ITC, nine of the top 10 companies lost a staggering Rs 1,35,000 crore over the last 30 days in a highly-volatile market. ONGC was the only member of the elite club that saw a rise in its market capitalisation. FMCG major ITC was the biggest loser, with a loss of Rs 91,139 crore. Between April 28 and May 28, nine companies ... Full story

SEATTLE (Reuters) - Microsoft Corp's move to shake up the leadership of its mobile and games division this week -- giving Chief Executive Steve Ballmer direct control over the push to catch up with Apple Inc and Google Inc in the exploding smartphone market -- revealed its determination to ride the next wave of computing. Few expect a change of management to turn the entertainment and ... Full story

Jaipur (Rajasthan), May 29 (ANI): With Information Technology (IT) companies recruiting on a large scale, Rajasthan is witnessing a rise in jobs in the IT sector. IT and ITES (Information Technology Enabled System) companies like Genpact are receiving good offshore orders and generating huge job opportunities in the domestic market. "The job market is very buoyant for the qualified professional. The IT and Business Process Outsourcing (BPO) ... Full story