San Francisco - Shares of Apple opened sharply lower in US trading Thursday as investors worried that the company's performance would flounder without founder and CEO Steve Jobs at the helm.
Jobs announced he was taking medical leave until the end of June to deal with health problems that were more complex than he had earlier divulged. Investors were also concerned that Apple could face shareholder lawsuits alleging that Jobs' halting revelations about his health failed to meet the necessary standards of disclosure.
To cheer demand amid softening raw material costs, Apollo Tyres has decided to cut product prices by 3-5 percent across categories for the second time in two months.
In a declaration, the tyre manufacturer said that the price cut will come into effect immediately.
In December 2008, the company had slashed prices by 4 percent, passing on to clients a reduction in a manufacturing tax.
In the late afternoon on Tuesday, Carol Bartz, executive chairman of the board of Autodesk Inc. was confirmed as the new CEO of Yahoo! Inc. by the online company itself.
It has been learnt that Bartz will immediately start with the new role as CEO and a member of Yahoo!'s board of directors.
Via a statement, Roy Bostock, Chairman of Yahoo!'s board informed, “We are very excited to have Carol Bartz leading Yahoo! into its next era of growth. She is the exact combination of seasoned technology executive and savvy leader that the board was looking for.”
National Thermal Power Corporation Ltd (NTPC) has signed a Joint Venture agreement with five large state-run companies. The list includes Steel Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd (RINL), Coal India Ltd (CIL) and National Mineral Development Corporation Ltd (NMDC).
Kolkata-based Braj Binani Group cement manufacturer, Binani Cement Ltd. has entered into a Memorandum of Understanding (MOU) with the Gujarat Government to set up a Greenfield cement plant of 2.5 MTPA capacity in the state.
The plant will manufacture Ordinary Portland Cement (OPC), Pozzolona Portland Cement (PPC) in various grades. It may be noted that the production of OPC to PPC will be ordinarily 50:50.
San Francisco - Shares of Apple opened sharply lower in US trading Thursday as investors worried that the company's performance would flounder without founder and CEO Steve Jobs at the helm.
To cheer demand amid softening raw material costs, Apollo Tyres has decided to cut product prices by 3-5 percent across categories for the second time in two months.
According to people familiar with the company’s plans, Software giant
In the late afternoon on Tuesday, Carol Bartz, executive chairman of the board of Autodesk Inc. was confirmed as the new CEO of Yahoo! Inc. by the online company itself. 
National Thermal Power Corporation Ltd (NTPC) has signed a Joint Venture agreement with five large state-run companies. The list includes Steel Authority of India Ltd (SAIL), Rashtriya Ispat Nigam Ltd (RINL), Coal India Ltd (CIL) and National Mineral Development Corporation Ltd (NMDC). 
Kolkata-based Braj Binani Group cement manufacturer, Binani Cement Ltd. has entered into a Memorandum of Understanding (MOU) with the Gujarat Government to set up a Greenfield cement plant of 2.5 MTPA capacity in the state. 
