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Popular Articles

DoT may sell 3 blocks of 3G
Spectrum crunch may force the government to allow only three private operators to offer 3G services in a circle and said that successful bidders will have to make 100 per cent payment by March 10.

Entry load abolition will benefit MF industry: Religare AMC
Private sector mutual fund house Religare AMC, a relatively new but fast-growing player, today said that abolition of entry load charged to investors will benefit the company and the industry as a whole.

News of the day

Villgro to host B-plan contest for rural growth
With an aim provide innovative products, services and solutions to the rural poor, Villgro, a social enterprise incubator is set to launch "Wantrapreneur 09" Business Plan Competition, which challenges entrepreneurs to come out with innovative technology, solutions (products / services) with direct application at the rural level.
Public Relations

Siemens posts Q4 net loss of euro 1.06 bn

German engineering conglomerate Siemens today said its net loss was at euro 1.06 billion (about $1.5 billion) in the fourth quarter of this year. - AI incurs Rs 7,226 cr loss in last two fiscals - World Bank bars Siemens" Russian unit for corruption - Siemens: A tired set of numbers - Money floods into wastewater treatment - Siemens to merge its two Indian public listed firms - Siemens Healthcare Diagnostics up 2% Siemens said, it posted a net loss of euro 1.06 billion in the fourth quarter of fiscal 2008-09, primarily due to a non-cash loss of euro 1.96 billion from the group"s Nokia Siemens Network unit. In the year-ago period, the company had a net loss of euro 2.42 billion, Siemens said in a statement. Nokia Siemens, is a 50-50 joint venture of Finnish telecom equipment maker Nokia and Siemens AG. The company said revenue at euro 19.71 billion was down 9 per cent in the fourth quarter this year compared to the prior-year quarter. For fiscal 2009, total profit rose to euro 7.46 billion, and income from continuing operations increased to euro 2.45 billion.


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