News

Intelenet looks to UK for growth
9 March 2010 | 1:10 pm
Intelenet Global Services, one of India's largest business process outsourcing companies, has acquired the back-office operations of FirstGroup, the UK transport company

Sony to start selling 3D televisions in June
9 March 2010 | 12:55 pm
Sony will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry

Swiss bank BSI in Asia hiring spree
9 March 2010 | 12:24 pm
The private bank has hired more than 100 staff from the Singapore office of RBS Coutts in one of the largest such mass transfers between industry rivals

Tata Motors hit by Daimler stake sale
9 March 2010 | 8:06 am
Tata Motors' stock fell after Daimler sold its 5.3 per cent stake in India's largest carmaker. Its shares fell by 5.9 per cent to Rs750 following news of the sale, which fetched about €300m for the German group

3D TV
9 March 2010 | 7:00 am
3D has taken the film world by storm but it may be quite some time before consumers rush to buy new TV sets

Chinese airlines
9 March 2010 | 6:36 am
After some stiff jabs in the ribs by regulators, the industry's capital positions are under repair at last

TCS outlines its Asian ambitions
9 March 2010 | 3:58 am
Tata Consultancy Services, India's leading IT and outsourcing group, hopes to quadruple its market share in Asia outside India within five to seven years, according to its top executive for the region

State Grid in joint deal with Quadra
8 March 2010 | 8:01 pm
The power utility will spend $900m to develop a Chilean copper deposit in partnership with the mining group, in the latest move by a Chinese company to gain more control over raw materials

Satyam case tests foreign investors' rights
8 March 2010 | 6:52 pm
A legal case brought in New York against the outsourcing company will show how far overseas shareholders in Indian companies are able to seek damages through class-action lawsuits

Nina Wang family looks to the future
8 March 2010 | 5:41 pm
Kung Yan-sum, Nina Wang's brother and Chinachem chairman said in his first interview since the court battle that the property company would consider a listing

CREO plans to leave Aim
8 March 2010 | 5:15 pm
China Real Estate Opportunities has proposed abandoning its listing on London's Aim market to list in Singapore, in an effort to improve the rating of its shares

Nomura reshuffle sparks resignation
8 March 2010 | 4:48 pm
A management revamp by the Japanese bank has prompted the resignation of Siggi Thorkelsson, head of equities in Asia, amid signs that other departures could soon follow

Lyondell rejects Reliance's $14.5bn bid
8 March 2010 | 4:46 pm
The bankrupt fuels, plastics and chemicals producer rejects a $14.5bn bid from India's Reliance Industries that would have created one of the world's biggest independent oil refining and petrochemicals groups

China to loosen control over book publishing
8 March 2010 | 4:39 pm
The country's largest publishing house intends to transform into a global player as it spearheads Beijing's plans to restructure the industry while keeping it under state control

China needs time to build global car brand
8 March 2010 | 2:08 pm
Although the centre of gravity of the global car industry is shifting to the east, Chinese carmakers are still a generation behind the west in international markets



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