Association of MBAs accredits IIM-Calcutta

MBAThe Indian Institute of Management-Calcutta (IIM-C) has earned the accreditation of the venerated Association of MBAs (AMBA).

AMBA is the top European accreditation body for business schools. Accreditation by AMBA represents the topmost standard of achievement in the field of postgraduate business education. Established in 1967, AMBA aims to raise the profile of business education.

IIM-C will enjoy the coveted accreditation by AMBA for a period of five years, after which the European accreditation body will conduct another round of evaluation for renewal.

Scientists develop method to predict epidemics

Scientists develop method to predict epidemicsBerlin, Feb 22 : A risk map using environmental and health data can predict epidemics, scientists say.

The environment has an impact on our health. Preventing epidemics relies on activating the right counter-measures, and scientists are now trying to find out how better use of forecasting can help.

The EU's EO2HEAVEN project developed a risk map for correlating environmental and health data in order to identify where a disease may break out next. The concept will be on show at Booth E40 in Hall nine of the CeBIT trade fair in Hannover, Germany.

Mirko Slomka appointed head coach at German side Hamburg

Mirko-SlomkaBerlin, Feb 18 : Struggling Bundesliga side Hamburg have appointed Mirko Slomka as their new head coach.

Former Hannover coach Slomka took over Monday at Hamburg following the dismissal of coach Bert van Marwijk Saturday, reports Xinhua.

The Dutch coach was unable to give the club positive results after five months in charge with the "Rothosen" currently sitting in 17th position.

To make things worse he lost eight games in row. The 2-4 loss against bottom side Braunschweig Saturday sealed van Marwijk's fate.

Siemens records higher than expected profits

Siemens records higher than expected profitsSiemens has said that it has recorded a higher than expected profits due to increased demand for infrastructure during the three months till the month of December.

The Munich-based company said in a statement today that its income from continuing operations rose 21 percent to 1.39 billion euros or about $1.9 billion during the three months. The average estimate of analysts surveyed by Bloomberg was at 1.33 billion euros for the company for the quarter.

Sap’s revenue increased 11% in 2013

Sap’s revenue increased 11% in 2013German business software maker, SAP has recorded strong growth in revenues from non-IFRS software and cloud subscription services during the year 2013.

Merkel condoles Ariel Sharon's death

Ariel SharonBerlin, Jan 12 - German Chancellor Angela Merkel has conveyed her condolences to Israeli Prime Minister Benjamin Netanyahu on the passing of former Israeli prime minister Ariel Sharon, her spokesperson said Saturday.

The chancellor "is mourning with the Israeli people" for Sharon, 85, who was also committed to deepening the German-Israeli relations, Xinhua reported quoting spokesperson Steffen Seibert.

Sharon was an Israeli patriot and rendered great service to his country, the spokesman added.

UK expected to grow faster than France and Germany

British economyAccording to a new study that backs euro-sceptics in the UK, the British economy is expected to surpass that of France and Germany to become the largest economy in Europe by the year 2030.

RWE cancels plans for £4billion Atlantic Array project

RWE cancels plans for £4billion Atlantic Array projectGerman renewable energy giant, RWE has said that it is cancelling plan to develop a giant offshore wind farm project that was to power around a million houses in the UK.

RWE said that it has decided to scrap the £4billion Atlantic Array project, under which the company was planning to deploy 240 turbines in the Bristol Channel. The company said that the technical challenges and spiralling costs.

David Beckham named stylish man of the year

David-BeckhamBerlin, Nov 8 : Former football player David Bechkam has been named the most Stylish Man of the Year at an award ceremony.

The 38-yaer-old was feted Thursday at the GQ Men of the Year Awards, where he was honoured for his classic style and influence in fashion at the prize giving here, reports contactmusic. com.

Jose RedondoVega, editor-in-chief of GQ Germany, praised Beckham at the function.

German swimmer Britta Steffen announces retirement

Britta-SteffenBerlin, Sep 28 : German swimmer Britta Steffen announced her retirement from swimming.

The 29-year-old Steffen is one of the most successful German swimmers with 23 medals, reports Xinhua.

"I conclude my career in the knowledge that I belong to the best in the world. My health and the support of my family, friends, partners and companions made it possible to stretch my body to the limit," Steffen said Friday.

German Cup: Bayern progress; Berlin, Stuttgart out

bayern-munich-vs-hannoverBerlin, Sep 26 : Defending champions Bayern Munich eased to a 4-1 win over Hannover while Hertha Berlin and Stuttgart were eliminated to close the second round in the German Cup.

German giants Bayern overpowered a courageous Hannover team thanks to Thomas Mueller's brace Wednesday, reports Xinhua.

The hosts established a 2-0 lead within 27 minutes owing to goals by Mueller and Claudio Piazarro. However, the Bavarians allowed Hannover to pull one back in the 37th minute through Didier Ya Konan.

Merkel asks for chance to keep Germany strong

Angela-MerkelBerlin, Sep 22 : Chancellor Angela Merkel has asked voters to keep her in office for four more years and enable her to ensure Germany remains a "country that is respected in Europe and defends its rights in the world".

In her last big campaign rally ahead of Sunday's election, Merkel touted her administration's successes and pledged her continued commitment to Europe.

She, however, said Germany's solidarity with its neighbours will always come "with conditions".

Syrian government behind chemical attack, says Germany

Guido-WesterwelleBerlin, Sep 18 : German Foreign Minister Guido Westerwelle said Wednesday that evidences indicate that the Syrian government was behind the chemical weapons attack in August.

Westerwelle said in an interview published by the Suddeutsche Zeitung newspaper that research from the UN inspectors confirms Germany's assumptions that only the government of President Bashar al-Assad could have "the equipment and abilities to carry out the poison gas attack", Xinhua reported.

Formula E car unveiled in Frankfurt

Renault-SRT-01-E-Formula-E-carFrankfurt, Sep 10 : FIA President Jean Todt and Formula E CEO Alejandro Agag Tuesday revealed the new Spark-Renault SRT_01E fully-electric single-seater car on the opening day of the 65th International Frankfurt Motor Show.

The SRT_01E has been designed and built by Spark Racing Technology (SRT), headed by the renowned Frederic Vasseur, together with a consortium of the leading manufacturers in motorsport, and will compete in the inaugural FIA Formula E Championship - the world's first global electric race series beginning in September 2014.

Rijeka eliminate Stuttgart from Europa League

Rijeka eliminate Stuttgart from Europa LeagueBerlin, Aug 30 - Goran Mujanovic's last gasp goal resulting in a 2-2 draw eliminated Stuttgart from the Europa League qualifier as Rijeka won 4-3 on aggregate, following the second leg.

Stuttgart will not play in Europe this season as the German side failed to turn around a 1-2 first leg loss, as the 2-2 draw on home soil Thursday wasn't enough. It was another setback for the 'Swabians' who sacked coach Bruno Labbadia this week owing to weak performances, reports Xinhua.

Frankfurt secure Europa League berth

Frankfurt secure Europa League berthBerlin, Aug 30 - German football side Eintracht Frankfurt defeated Azerbaijani Qarabag Agdam 2-1 at the second leg of the Europa League qualifiers to ensure a berth with a 4-1 aggregate.

Frankfurt already did the groundwork for their progress into the group stage of the Europa League at the first leg when the Germans reaped a 2-0 away victory, reports Xinhua.

Domino’s to slow expansion in Germany

Domino’s to slow expansion in GermanyUS pizza chain, Domino's Pizza Group has indicated that it will slow down its expansion in Germany after the company recorded a loss in the country.

The company lost £3.2million from its 25 stores in Germany during the previous six years and also wrote down £11 million from the value of its operations in the country. Due to the write down in Germany, the global pizza giant's profits fell 46 per cent to £11.6million during the first six months of the year.

SIM card venerability to put millions at risk

SIM card venerability to put millions at riskAccording to a new study by a security expert, a venerability with the SIM card technology may put millions of users at the risk of being spied upon or robbed by those exploiting the flaw.

Karsten Nohl, a leading security expert in the industry, has said that he has found a way to discover Sims' digital keys by sending them a special text message. He warned that the criminals might be able to snoop in on calls or even steal money from the users.

Bombardier might get £1billion cross rail contract

Bombardier might get £1billion cross rail contractBombardier might be able to bag a lucrative £1billion cross rail contract as the rival German firm Siemens pulled out of the race for the contract.

The British train maker’s bid received a huge boost after the German firm said that it will not be able to provide 600 carriages for the London line. The deal is seen as crucial business contract for the company as it will help in protecting hundreds of jobs. The company is planning to guild 600 carriages at its factory in Derby that employs about 1,600 people.

Arsenal's Djourou joins Hamburg on loan

Arsenal's Djourou joins Hamburg on loanBerlin, July 2 - Arsenal's Johan Djourou has joined Hamburg on a season-long loan, the German club announced.

The 26-year-old defender passed a medical check-up before signing with the Rothosen Monday. In addition the club ensured an option to buy the Swiss international after the 2013-2014 season, reports Xinhua.

Djourou is familiar with the German Bundesliga having already played six months on loan at Hannover last season.

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