The world’s pioneering steel company Tata Steel has announced a growth of 26 per cent in its sales for the last month (January 2009).
During the month, the company’s sales stood at 511,000 tons, as against 404,000 tons in the corresponding period of the last year.
With an increase of 35%, the company’s saleable steel in January 2009 recorded the highest production at 548,000 tons as compared to the prior year period,
In the meantime, production of hot metal zoomed 32% at 574,000 tons and that of crude steel grew 25% to 525,000 tons, over the prior year period.
Asim Ghosh, Vodafone Essar chief executive would leave his post on March 31 after serving the company for over 10 years. However, he would serve in the Vodafone Essar's board as a non-executive member.
Marten Pieters, director on the board of Luxembourg-based Millicom International Cellular, will be appointed as new CEO of Vodafone Essar. He served as CEO of Celtel International BV, the second largest telecom operator of Africa, from August 2003 to January 2007.
Vijay Mallya owned air carrier, Kingfisher Airlines announced 20 per cent cut in the salaries of its pilots, clearly to mitigate the impact of global slowdown on its business. The salaries have been cut in the range of Rs 50,000 and Rs 80,000 per month according to some unofficial reports.
However, Kingfisher spokesperson said that the company had introduced a production-linked compensation structure (PLCS) after November, 2008 and pilots would get equal scale as that of pilots of Air Deccan, adhering norms followed by all international airlines.
Low demand due to decline in construction activities, high freight charges and rising input costs caused Ambuja Cement to post decline of 25 per cent in the net profit for the financial year ended December 31, 2008.
The company's net profit declined to Rs 1,390 crore in the reporting period as compared to Rs 1,846 crore in the financial year 2007. The company posted 9.5% increase in net sales during the period which stood at Rs 6,261 crore as compared to Rs 5,718 crore in the same period last year.
Country’s premier software industry, Sun Microsystems is all set to organize its global annual developer conference at the Hyderabad International Convention Centre (HICC), Hyderabad February 18-20 for the third time in a row.
Apart from Hyderabad, the conference would also have its supporting sessions in Pune and Chennai.
In its press release, the company said that the three day event is fundamentally designed to display how developers can leverage Sun technologies, services and products to drive the next generation of technology innovation.
The world’s pioneering steel company Tata Steel has announced a growth of 26 per cent in its sales for the last month (January 2009). 
Asim Ghosh, Vodafone Essar chief executive would leave his post on March 31 after serving the company for over 10 years. However, he would serve in the Vodafone Essar's board as a non-executive member.
Vijay Mallya owned air carrier, Kingfisher Airlines announced 20 per cent cut in the salaries of its pilots, clearly to mitigate the impact of global slowdown on its business. The salaries have been cut in the range of Rs 50,000 and Rs 80,000 per month according to some unofficial reports.
Low demand due to decline in construction activities, high freight charges and rising input costs caused Ambuja Cement to post decline of 25 per cent in the net profit for the financial year ended December 31, 2008.
Vodafone Essa
Country’s premier software industry, Sun Microsystems is all set to organize its global annual developer conference at the Hyderabad International Convention Centre (HICC), Hyderabad February 18-20 for the third time in a row. 
