A study by three finance professors into 75,000 Danish companies has found that the profitability of a company increases by 7% after the CEO’s mother-in-law dies. We swear we are not making this up. This interesting study and its results are from a front page story in today’s Wall Street Journal (subscription required). The study […]
ArcelorMittal to buy German gas distributor Saar Ferngas AGÂ for $499m Wadias may buy out Danone stake in Britannia at a discount, according to Business Standard Dell profits up 46% in Q2; Revenues Rise 4.8% Microsoft buys group chat software company Parlano
Domino’s Pizza is expanding in India big time. The pizza chain, which opened its first Indian store in 1996 and has 156 outlets now, wants to have 500 outlets by 2010-11. The U.S. Pizza company plans to invest Rs 350 crore to support its expansion, reports ET. Domino’s India is looking at an additional 60 […]
Nokia phones Made in India at a plant near the South Indian city of Chennai are being exported to 58 countries. In the 18 months upto July 2007, Nokia’s Indian plant has turned out 60 million phones. Buoyed by the success of its Indian operations, Nokia is looking to make the Indian plant an export hub. […]
To the list of Chinese pet food, Chinese toys, Chinese furniture, Chinese laptops, Chinese this and Chinese that, American consumers will soon add Chinese cars. Chinese car maker Chery is expected to hit the American market by 2009 and will surely kill what’s left of the struggling U.S. auto industry. You see, Chery workers in […]
It’s becoming a zoo out there in the Indian car portals arena with so many players. In the typical me-too style characteristic of many Indian Internet ventures, one more car portal has come up. The latest entrant is Carazoo, the offspring of automotive interactive software provider Logix Microsystems of Bangalore. Like its fellow travelers, Carazoo […]