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Popular Articles

Kingfisher gets tough on non-performing employees
Vijay Mallya-promoted Kingfisher Airlines is understood to have come down heavily on non-performing employees, even as a large number of its pilots are leaving the airline to join low-cost carrier Indigo and other rivals.

Matrix assigns its right to buy Astrix stake to Mylan unit
Matrix Laboratories Ltd, a subsidiary of the US-based generics drugmaker, Mylan lnc, has assigned its right to purchase 1 per cent equity in Astrix Laboratories Ltd to Mylan Luxembourg, another subsidiary of Mylan.

News of the day

Structural shifts to benefit Asian companies: Fitch Ratings
The changes to industry dynamics and competitive landscapes resulting from the global recession will likely after the profiles of key industry sectors to the benefit of Asian companies by 2012 and there would be more cross-border mergers and acquisitions over the next few years, says Fitch Ratings.
Corporate

HCL inks 5-year deal with Dr Pepper Snapple

HCL Technologies today said it has bagged a five-year deal from US-based flavoured beverage producer Dr Pepper Snapple Group. - Indian energy and sports drink mkt to double in 2 years : Boston Analytics - Parle Agro looks to penetrate home consumption market for LMN - Krishnakumar appointed CEO of Coca-Cola"s beverages arm - Rasna to open 30 more Devil"s Workshop - HCL emerges best managed global outsourcing vendor - Jaipuria to exit APB-Pearl Under the agreement, HCL would provide IT application and infrastructure operations to DPS, HCL said in a statement, without revealing any financial details of the deal. HCL would assist DPS in the areas of application support and maintenance, end-user computing, integrated service desk and network management, the statement added. HCL would also provide managed print services for DPS which would be delivered through its partnership with Xerox. DPS is an existing client of the Indian IT firm. "With a customer like DPS, we continue to expand our leadership in our consumer packaged goods vertical and bring on new staff at our new facility in North Carolina," HCL America president Shami Khorana said.


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