Bse Sensex

The new innovation paradigm

New developments in information technology as well as the rise of emerging economies (especially, emerging Asia) are forcing companies to radically rethink how they must manage innovation.

Saturday, 5 May, 2012, 12:00am

Business Digest

Li Ka-shing pays C$200m to boost stake in Husky

Hutchison Whampoa chairman Li Ka-shing paid about C$200 million (HK$1.55 billion) to increase his stake in Canadian oil producer Husky Energy. He bought 7.87 million shares at an average price of C$25.44 each in an off-exchange transaction, raising his stake in Husky from 69.15 per cent to 69.4 per cent. Yvonne Liu

12 Apr 2012 - 12:00am

Tata unit eyes huge growth in mainland

Tata Consultancy Services (TCS), India's biggest information-technology outsourcing company, aims to expand its network of 'global delivery centres' on the mainland to meet growing domestic and international demand.

'We're looking to add one or two more [global delivery centres] in the next few years,' TCS chief executive and managing director Natarajan Chandrasekaran said.

9 Apr 2012 - 12:00am

Open the boardroom doors to women

India, with its massive population of over 1 billion, has seen a surge of women in industry. Perhaps for the first time, and unlike many of their mothers, these women have disposable income. This means spending power and the ability to make their own purchasing decisions.

4 Oct 2010 - 12:00am

Imagine that

A joke doing the rounds recently at the Bangalore headquarters of Infosys is that the Indian software giant has had to hire a masseuse. The reason? To give some much-needed relief to co-chairman Nandan Nilekani, whose hand and wrist are sore from signing copies of his book, Imagining India: Ideas for the New Century.

4 Apr 2009 - 12:00am

Driving force

The world's cheapest car was unveiled by India's Tata Motors, at US$2,500. If such a car was on sale in Hong Kong would you buy it, or would you share the environmental fears of India's green groups? Write to us

13 Jan 2008 - 12:00am

New Times lifts stake in Argentina oil fields

Shares in New Times Group Holdings surged as much as 28.36 per cent yesterday after the company announced a deal to double its stake in two oil fields in Argentina.

The property and financial investment firm said it would buy an additional 29.4 per cent stake in the Tartagal and Morillo fields in Salta province for HK$312 million.

16 Nov 2007 - 12:00am

Dongfang to set up in India

Dongfang Electrical Machinery, one of the mainland's three largest power generation equipment producers, will set up a US$25.2 million service centre in Calcutta to better serve India - its largest overseas market - and Southeast Asia.

26 Oct 2007 - 12:00am

China firms need leadership culture

Mainland firms were only just becoming aware of the need to develop corporate leaders to fuel business growth, according to the judges of a global survey on corporate leadership development.

29 Sep 2007 - 12:00am

CNBM placement seeks HK$2.7b to take over rival cement makers

China National Building Material (CNBM) and one of its major shareholders are placing HK$2.73 billion worth of shares following the company's announcement of an expansion plan last week.

10 Aug 2007 - 12:00am

In Brief

China Mobile taps AsiaInfo to service IP infrastructure

AsiaInfo Holdings, which acquired Lenovo Group's non-telecommunications-related information technology services business in 2004, last week was awarded a contract by China Mobile to service its advanced internet protocol-based communications infrastructure.

31 Jul 2007 - 12:00am

Indian tycoon's 60-storey home stirs passions

India's richest man, Mukesh Ambani, has aroused strong feelings in his home city of Mumbai with his plans to build a tower equal to 60 storeys in the heart of the city's most expensive neighbourhood, Malabar Hill.

15 Jul 2007 - 12:00am

Tata Consultancy targets Macau casinos

Indian firm in talks to offer IT services as it pursues Greater China expansion

Tata Consultancy Services, India's largest computer services provider, says it may provide information technology services to casinos in Macau as the company seeks to expand across the Greater China region.

8 May 2007 - 12:00am

Tata joint venture taps financial service firms

Tata Consultancy Services, India's largest information technology service provider, has set up a joint venture in Beijing with Microsoft and three mainland partners in a bid to tap the country's emerging financial services sector.

14 Feb 2007 - 12:00am

Enterprise digest

Nortel networks to tackle floods, drought

In a race to protect lives put at risk during China's rainy and dry seasons, Nortel has started building an integrated communications network to track the flood control and drought relief systems of five major mainland water resource utilities.

6 Sep 2005 - 12:00am

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