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Dell reports 47% decline in profit in Aug-Oct

Dell on Friday reported 47 per cent drop in net profit to $475 million for the August-October quarter of this fiscal, mainly on lower PC sales and weak demand from large enterprises.The company had......

Garnett & Helfrich puts India plans on hold

Garnett & Helfrich, a US-based specialist venture buyout firm, has reversed its decision to set up a dedicated office in India. The firm, which manages a $350 million fund to carve out businesses......

PE funds on a buyout binge

When Nilgiris, the country's oldest supersmarket chain, was looking at growth, Actis, a private equity firm stepped in, bought out a section of the promoter group, which was looking at other......

Boeing in talks with AI, Jet for Connexion

Boeing is in talks with Air India and Jet Airways for installation of its high-speed Internet service, Connexion, on the long-haul flights of these carriers.Connexion, a proprietary Internet......

VISA group to hike stake in Indian arm

The government has cleared the VISA group's proposal to raise the foreign equity in group company VISA International from the present 21 per cent to 74 per cent at a cost of Rs 174 crore (Rs 1.74......

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Rediff News

Wyse

News for Wyse

Dell reports 47% decline in profit in Aug-Oct

Garnett & Helfrich puts India plans on hold

PE funds on a buyout binge

Boeing in talks with AI, Jet for Connexion

VISA group to hike stake in Indian arm

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