Cloud Antivirus Panda became the first free antivirus, which receives ICSA Labs certification.
To receive ICSA Labs anti-virus certification, the products must comply with criteria like the capability to detect, identify and prevent self-replicating malwares. At the same time, the product must not have false positives during tests.
This is the first time pure cloud-based antivirus has [...]
ArcelorMittal will set up a USD 130 million steel plant in war-torn Iraq in collaboration with Turkish firm Dayen.
ArcelorMittal has signed an MoU to establish a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah in Northern Iraq
The mill would annually produce in its initial phase up to [...]
Phillips-Van Heusen announced plans to buy Tommy Hilfiger, which is controlled by private equity firm Apax Partners, for roughly $3 billion in cash and stock.
The combination would create one of the largest apparel makers in the world, with estimated global revenue of $4.6 billion, the companies said in a statement.
Phillips-Van Heusen, which owns Calvin Klein [...]
BHEL beg a Rs 3,348 crore contract to set up 376 MW captive power plant at the upcoming Paradip Refinery Project of Indian Oil Corp in Orissa.
BHEL has won a turnkey contract for setting up energy efficient and environment-friendly 376 MW captive power plant at the upcoming Paradip Refinery Project of Indian Oil Corporation Limited [...]
State-owned oil retailers raised ATF price by 2.44 per cent in step with firming global rates.
Jet fuel, or ATF, rates in Delhi were raised by Rs 961 per kilolitre, or 2.44 per cent, to Rs 40,268 per kl with effect from midnight,
The rate hike comes on back of a 3.5 per cent increase on March [...]
NSDC makes first disbursements to BASIX Academy for Building Lifelong Employability (B-ABLE)
GJEPC Meeting India’s demand for skilled labour through private sector participation, says Subbiah
The National Skill Development Corporation (NSDC) made its first disbursements in New Delhi. The NSDC Chairman, Mr M.V. Subbiah, said, “Basix Academy and Gems and Jewellery Export Promotion Council (GJEPC) have [...]
ADAG group firm Reliance Venture Asset Management announced that it has entered into an agreement with Massachusetts Institute of Technology (MIT) for the 2010 edition of the college’s entrepreneurship competition.
The MIT $1,00,000 is an entrepreneurship competition that awards over USD 350,000 in cash and prizes, including USD 100,000 in cash for the grand prize, to [...]
India’s largest telecom service provider BSNL has launched EVDO data card to provide high speed internet everywhere in India. The service has been possible due to the recently launched 3G network in India. And, BSNL has thus become the first company to launch that service. However, the service will be available initially in some selected [...]
After IIM Ahmedabad and IIM Calcutta now IIM Kozhikode (IIM-K) has decided to make a major change in its selection process with 40 per cent reduction in weightage to the CAT scores this year. “Last year, the weightage to CAT scores during selection process was 90 per cent which has been reduced to 50 per [...]
Shriram Automall India Ltd., a subsidiary of Shriram Transport Finance Co. Ltd., launched two new initiatives that will provide organized trading facilities to the small truck operator for the first time to motivate them to replace their old truck faster.
Shriram One Stop, a computerized touch screen kiosk which will be a virtual Truck Bazaar, will [...]
