Infosys Technologies, the second largest services firm of country by revenue, would take tough stance against poor performers. With 2,200 of its employees already been put under scanner for non-performance, things may be tough for the current staff.

However, the company ruled out any lay-offs and said that it wouldtake other measures to cut costs and increase business efficiency.

At Awards for Retail Excellence during the Asia Retail Congress 2009, Mr. Pawan Jain, ‘Logistics Guru’ and CMD, Safexpress, Leader in the Supply Chain Management and Logistics Industry, was honored and felicitated with the ‘Retail Leadership Award’.

Tata Capital, the financial services arm of Tata Group, on Tuesday announced that it is planning to launch its private equity business by the end of first quarter of the next financial year (2009-10).

While speaking on this, Tata Capital managing director and CEO Praveen P Kadle said, “We will be launching our private equity business by the end of first quarter of the next financial year.”

Paris - Despite a drop of sales, French-Japanese carmaker Renault-Nissan was able to increase its share of the world car market in 2008, the company announced on Wednesday.

Renault and Nissan sold nearly 6.1 million cars last year, a drop of 1.1 per cent over 2007 but good enough to increase their combined share of the global car market to 9.4 per cent, up from 9.1 per cent.

The reason for the improvement is that global car sales fell by 5 per cent in 2008, Renault said.

VeriSign, Inc, the trusted provider of Internet infrastructure for the networked world, has announced that the WiMAX Forum® has chosen VeriSign’s Public Key Infrastructure (PKI) to defend the rapidly increasing wireless broadband ecosystem.

After a wide-ranging selection procedure, VeriSign has been chosen to offer security solutions based on PKI for WiMAX™ networks that combine the speed of broadband with the ease of wireless to deliver the ‘last mile’ of connectivity on quick, metropolitan area networks.

Shri Muralidhar Chandrakant Bhandare, Governor of Orissa, has presented the prestigious ‘St. John Ambulance Award – 2008’ to Vedanta Aluminium Limited, Lanjigarh for its involvement towards training and promotion of First Aid not only among its staff, contract workers and other shareholders but also in whole region of Kalahandi, at large.

Dr. Mukesh Kumar, Company’s CEO received the award at the Annual General Meeting of St John Ambulance held at Raj Bhawan, Bhubaneswar on February 3, 2009.