Business

Jerry Seinfeld joins Microsoft for Vista Ads

Aug 21st, 2008 | By Sindh Today | Category: Business, Technology

Microsoft turned to renowned comedian Jerry Seinfeld , from hit show seinfeld, to help in improving the image of Windows Vista Operating system. According to Wall Street Journal report, Microsoft will pay $10 million to Jerry Seinfeld for serving as pitchman along with company chairman Bill Gates in various ads which will be aired starting this fall.



Bhel bags Rs.650 mn contract from Essar Steel

Aug 21st, 2008 | By Sindh Today | Category: Business, India

Bhopal, Aug 21 (IANS) The state-owned Bharat Heavy Electricals Ltd (Bhel)has won a Rs.650-million contract for supply of 650 high tension (HT) motors for Essar Steel and Essar Oil’s Hazira refinery, against stiff global competition from multinational giants, a senior company official said Thursday.



Inflation continues to spiral, touches 12.63 percent

Aug 21st, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 21 (IANS) India’s annual rate of inflation further zoomed to 12.63 percent for the week ended Aug 9, as compared to 12.44 percent the week before, but an unfazed finance ministry said prices had stabilised.



Lupin acquires minority stake in Australian drug firm

Aug 21st, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 21 (IANS) Indian drug major Lupin Ltd has acquired a minority stake in Generic Health Pty Ltd, an Australian pharmaceutical company, it announced Thursday.



Bhaskar Silicon to set up Rs.55 bn solar power project in West Bengal

Aug 21st, 2008 | By Sindh Today | Category: Business, India

Kolkata, Aug 21 (IANS) Solar products and integrated solar engineering solutions provider Bhaskar Silicon Ltd Thursday launched the largest integrated solar power complex in the world for an investment of Rs.55 billion in Haldia, West Bengal.



Shutdowns push up liquor, meat sales in Kerala

Aug 21st, 2008 | By Sindh Today | Category: Business, India

Kozhikode, Aug 21 (IANS) Meat stalls and liquor outlets in Kerala recorded brisk sales a day ahead of the general strike the Left trade unions called in the state Wednesday.



Sensex closes 434 points down (Second Lead)

Aug 21st, 2008 | By Sindh Today | Category: Business, India

Mumbai, Aug 21 (IANS) Indian equity markets closed deep in the red Thursday.



These two young Indian CEOs make $15.7 mn between them

Aug 21st, 2008 | By Sindh Today | Category: Biz-Tech, Business, India, Technology

New York, Aug 21 (IANS) Two young corporate leaders of Indian origin have been ranked by Forbes magazine among 15 highest-paid chief executives officers in the US below the age of 45, making a cool $15.7 million per annum between them, not counting the millions more in stock options.