Company News

Yahoo Gets Hold Of Buzztracker, Names Alan Warns As Yahoo News GM, VP

Yahoo has bought news aggregator BuzzTracker, and also named its creator, Alan Warms as Yahoo News GM, VP.

BuzzTracker explores web sites and blogs for news items and arranges them according to topic. The company also provides its software to other business houses.
The online major (Yahoo) has acquired the company to swell its advertising span on the web. The financial details of the deal are not disclosed yet.

Tata To Roll Out 2.5 Lakh Cars In 2007; Plans To Increase Prod Cap By Next Few Years

Singur: Nirupam Sen, West Bengal Minister for Commerce and Industry said that Tata Motors is all set to roll out 2.50 lakh units from the small car project by the coming year (2008), and the production capacity is expected to reach 3.50 lakh in the next few years.

Mr. Sen told a CPM public meeting in Singur, “I hope that next year, the first year of its production, 2.50 lakh small cars will roll out of the Tata Motors project here and the figure will reach 3.50 lakh in the coming years.”

Honda Anticipates 15% Growth In Indian Market In Recent Fiscal

Chandigarh: Anticipating 15 per cent growth in auto sales, Honda Siel Cars India stated that it aspires to sell 70,000 cars in the existing fiscal (2007) as against 60,000 cars sold last year in In

Now IOB Is Looking For Alliances

To leverage its record for loan syndication and technology, Chennai-based Indian Overseas Bank (IOB) is thinking about a coalition with other banking institutions.

SA Bhat, chairman and managing director, said, “I have approached some banks but it is still in the formation stage. We are looking at banks with a business size of Rs 50,000-1,00,000 crore with reach in states like Gujarat and Maharashtra where we don't have that many branches.”

Ninestars To Invest Rs 60 Cr To Swell Operations

Chennai: Aming to swell its functioning in India as well as overseas, Ninestars Information Technologies Ltd, a content transformation and e-archival technology and services provider, has planned t

ZTE Looking For Indian Mate For R&D

Shenzhen (China): ZTE is making exploratory survey for Indian partners in order to start research and development in broadband and internet protocol TV (IPTV) products.