What went wrong for Videocon

For a company whose brand is known by almost all consumers irrespective of economic category across India, it's promoter mustn't have expected that the journey would lead them down a path that put......

Sony to cut 8,000 jobs; to save $1.1 bn

Japanese electronics giant Sony Corporation will cut 8,000 jobs, representing five per cent of its workforce worldwide, under its cost cutting plan that aims to save more than 100 billion yen ($1.1......

Sony makes exception for India on CRT TVs

Contrary to the global strategy, Japanese electronics firm Sony Corp has decided to continue with cathode ray tube televisionsin India. The move comes on the back of the potential for the......

Sony in talks with broadcasters for developing HD

Sonysaid on Monday it is in talks with broadcasters in India for developing high definition television to extend its globalleadership in the segment.Sony, which claims 80 per cent share of the......

Ind-Eng tie: 2 held in betting racket in Bangalore

A betting racket, in connection with the India-England World Cup tie played in Bangalore on Sunday, was busted and two persons arrested thereafter, a top police official said. Eight other bookies,......