Company News

Dow Jones index drops below 10,000, stocks plunge

Dow Chemical Q2 falling off with high costsWashington - The Dow Jones Industrial Average Monday fell below 10,000 points for the first time in four years and the S&P 500 reached a four-year low on worries about more bank bail-outs in Europe and tumbling commodity prices.

Trading halted in Russia and Brazil as stocks plunged. Goldman Sachs Group Inc., Morgan Stanley and Bank of America Corp. fell more than 6.3 per cent after the German government led a bailout of commercial-property lender Hypo Real Estate Holding AG and BNP Paribas SA bought Fortis's Belgium bank.

Work stress costs firms billions, says study

London, Oct 6 : Business firms come under billions of pounds every year in lost production, thanks to stress and personality clashes at workplace, says a new study.

The study conducted by the Chartered Institute of Personnel and Development (CIPD) and business psychology firm OPP has revealed that, on average, an individual spends two hours a week dealing with some form of conflict, which may cost millions of lost working days a year.

According to the study, conflict is an "inevitable" part of the workplace, but has now grown to such an extent that it is deteriorating British business because it is so poorly managed.

Jubilant Organosys inks JV pact with US-based Eli Lilly

Future Group’s arm to enter wholesale distribution business

Kishore Biyani’s Future Group is planning a foray into the wholesale distribution business, to tap huge opportunities in the sector.

Organic India launches five new premium blends of Tulsi Tea

One of the top brands in organic teas and supplements market, Organic India, is now ready to flavor Indian consumer’s cup with new and enriched flavors of Tulsi.

Bharti Airtel launches virtual calling card service in Canada

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