Business News |
| Infosys says better positioned for Axon buy Posted: 27 Aug 2008 03:22 AM CDT CHENNAI (Reuters) - Infosys Technologies Ltd, India's second-largest software services exporter, was better positioned than others to acquire UK's Axon Group because it had management backing for its offer, its chief financial officer said on Wednesday. |
| Posted: 27 Aug 2008 03:13 AM CDT By Lewa Pardomuan |
| Mitsubishi plans big expansion in solar power Posted: 27 Aug 2008 03:08 AM CDT Japan's Mitsubishi Electric Corp said on Wednesday it will spend USD 458 million to boost solar power cell production four-fold by early 2012 amid growing interest in renewable energies. |
| Posted: 27 Aug 2008 03:08 AM CDT British regional newspaper group Johnston Press missed market expectations for first-half sales as advertising revenues dropped 10 per cent but beat profit forecasts thanks to cost discipline it said it would maintain. |
| Australia construction spending shrinks Posted: 27 Aug 2008 03:08 AM CDT Australian construction activity fell unexpectedly in the past quarter as companies cut infrastructure spending, bolstering bets the central bank would lower interest rates next month to support a slowing economy. |
| Nano still cut off by Trinamool tide Posted: 27 Aug 2008 03:08 AM CDT Tata Motors' factory to manufacture the world's cheapest car continued to remain under siege for the fourth day on Wednesday, as the opposition Trinamool Congress announced stepping up protests seeking return of farm land from the industrial house. |
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