Heidelberg Publishes Preliminary Figures for Financial Year 2010/2011

Germany: Incoming orders and sales by Heidelberger Druckmaschinen AG (FWB: HDD) in financial year 2010/2011 (April 1, 2010 to March 31, 2011) were up on the previous year. The operating result improved considerably after two deficit years, moving back into the black. Heidelberg has therefore met its own forecasts. At a total of EUR 2.757 […]

Phenomenex Opens New Office in India

United States : Phenomenex Inc., a global leader in the research and manufacture of advanced technologies for the separation sciences, announced that it has expanded its international subsidiary network to serve India directly from a new head office in Hyderabad. The new entity, which opened this month, will serve research communities throughout India with sales […]

Bigshoebazaar.net- A boon for Retailers

New Delhi: Bigshoebazaar India Pvt Ltd, the largest online shoe store in South Asia has created history by introducing world’s first online wholesale cash and carry division. Bigshoebazaar has explored the huge potential for growing Indian footwear market thereby minimising the gap between wholesaler and retailer through the web technology. This would help retailers to […]

Frost & Sullivan Recognizes Smartmatic’s Customer Value Enhancement in the Identity Management Market

United States: Frost & Sullivan has distinguished Smartmatic with the 2011 North American Frost & Sullivan Award for Customer Value Enhancement based on its recent analysis of the identity management systems biometrics market. Mr. Antonio Mugica, Smartmatic CEO, receives 2011 award from Mr. Krishna Srinivasan, Frost & Sullivan Global President & Managing Partner (Photo: Business […]

Crowds are gathering in central London for Royal Wedding

In United Kingdom, crowds are gathering in central London for the wedding of Prince William and Kate Middleton at Westminster Abbey. The first of the 1,900 guests will arrive from 0815 British Standard time, with the ceremony itself getting under way at 1100 hrs. Thousands of people have camped out overnight on the procession route […]

Devastating tornadoes and storms claim 305 lives in US

In the US, the death toll due to tornadoes and storms has risen to 305. The devastating tornadoes have carved a trail of destruction across the south-east. Communities in Tuscaloosa town of Alabama were virtually wiped off the map and officials warned the body-count would rise as rescuers uncovered more dead in the debris. Eight […]

At least 50 people reported to shot dead in Daraa, Syria

At least 50 people are reported to have been shot dead in the city of Daraa in southern Syria during continuing protests against the Government of President Bashar al-Assad. Reports speak of bodies lying in the streets because it is too dangerous to retrieve them.

Major Study Finds Rapid Adoption of Hosted Email Compliance

United States: Financial institutions are rapidly moving to hosted email compliance and storage services to deal with increasing costs, risks and regulations, according to a study conducted by Forrester Consulting. The study was commissioned by Bloomberg Vault, a service that helps corporations globally meet compliance, regulatory and eDiscovery requirements. The poll of 187 executives with […]

Air India drastically reduces its operation to 50 flights against regular 320

Air India operations have been severely affected due to ongoing strike which has entered third day today. Over 300 executive pilots also joined the strike today. The national carrier has drastically reduced its operation to 50 flights across its network against the regular 320. The Delhi High Court castigated striking Air India pilots for defying […]

INDIAN : DAILY MARKET UPDATE