hard-disk drive supply shortages would hurt intel’s current-quarter revenue, the latest heavyweight in the PC industry to caution about the effects of flooding that has crippled factories in Thailand.
London-listed Vedanta now holds 58.5 percent of Cairn India (:CAIL.NSCAIL.NS), it said on Thursday, of which 20 percent is held through its Sesa Goa (:SESA.NSSESA.NS) unit.
JP group is all set to commission its 1,000 MW hydro project at Karcham Wangtoo, Himachal Pradesh, a project that was completed three months ahead of schedule
“Novelis, Hindalco’s fully-owned subsidiary, reported strong set of numbers for 4QFY2011. The top line increased by 22.3% yoy and 15.6% qoq to US$2,960mn, as total shipments grew by 12.7% yoy and 3.0% qoq to 800kt, driven by strong demand across all product segments. Adjusted EBITDA increased by 21.2% yoy and 17.6% qoq to US$280mn, largely because of portfolio optimisation and increased prices. Thus, adjusted EBITDA/tonne came in at US$350/tonne. Net interest expenses grew by 92.7% yoy to US$79mn. Net profit came in at US $50mn in 4QFY2011 vs. a loss of US$1mn in 4QFY2010.” source
In January-March 2010, the number of outsourcing transactions stood at 444, while during October-December 2010, the number of deals stood at 533, Everest Group said in its quarterly Market Vista report.
Outsourcing transactions saw a marginal decrease in annual contract value (ACV) of 5% as compared to Q4 2010, while it increased by 14% compared to Q1, 2010.
“The steady growth in deals is indicative of recovering demand.
Johnson & Johnson (JNJ) agreed to buy Synthes Inc. (SYST) for $21.3 billion in the biggest purchase of the company’s 125-year history, to become the leader in the $5.5 billion market for devices that treat trauma victims.