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......

Sony targets $2bn rev from India

Japan's Sony Corporation is targeting two billion dollar revenue from its India operations in the next two years, half of which would come from its consumer electronics business. "Sony group is......

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,......