Paul Joseph

Fuel sellers resume supplies to Air India after part-payment

by Paul Joseph February 3, 2012 Featured

Oil marketing companies have resumed fuel supplies to Air India after the national carrier promised to clear its over-dues of Rs268 crore by the end of today. The three state-owned retailers…

Tagged as: airline, bharat-petroleum-corp, business, companies, corporate, finance, india, indian, industry, management, marketing, markets

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Mars surface an unlikely place for life after 600-million year drought: scientists

by Paul Joseph February 3, 2012 Featured

Mars may have been arid for more than 600 million years, making it too hostile for any life to survive on the planet’s surface, say researchers who have been carrying out the painstaking task of an…

Tagged as: business, finance, marketing, markets, mars-surface, news, surface, technology

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RIM introduces recycling/trade up scheme to prevent BlackBerry users from leaving

by Paul Joseph February 3, 2012 Featured

In what apparently is a move aimed largely at preventing the present users of BlackBerry devices from switching over to other competing platforms, the Canada-based mobile biggie Research in Motion (RIM) has come up with a new recycling/trade up scheme. The scheme, which RIM has introduced recently, will essentially give the current owners of Blackberry handsets an advantage of £106 when they upgrade to another BlackBerry device. The mentioned amount will be sent to them as a cheque, by post. read more

Tagged as: amazon, apple, black, blackberry, business, facebook, india, ipad, social-media, social-network, technology sector

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Sony warns of a ballooning annual loss of $2.86 billion

by Paul Joseph February 3, 2012 Featured

In its recent warning of a ballooning full-year loss, Sony said that a weak economy, natural calamities, and a strong yen have apparently taken a toll on the company’s earnings, with its annual loss figures likely to touch Y220 billion (or $2.86 billion). Citing reasons like the cost of streamlining its losses-ridden TV business, the supply-disrupting Thailand floods, and the surging yen, Sony said that all these factors contributed to the company’s products becoming more expensive in overseas markets. read more

Tagged as: apple, copyright, facebook, internet, japan, opinion, social-media, social-network, sony

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Facebook IPO: Mark Zuckerberg’s bizarre ode to hackers

by Paul Joseph February 3, 2012 Featured

With social networking giant Facebook having filed for initial public offering to the US Securities and Exchange Commission on Wednesday, the company’s CEO Mark Zuckerberg released somewhat of a quasi-philosophical letter in coincidence with the high-profile event. Touching upon a number of issues, ranging from the nature of personal relationships to the role that technology can play in political cataclysm, Zuckerberg’s letter strangely contained a rather bizarre ode to “the hacker way.” read more

Tagged as: aviation, facebook, featured, indian, internet, ipad, ipo watch, lawsuit, mexico, nature, social networks

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Air India agrees to pay up oil dues by Friday

by Paul Joseph February 2, 2012 Featured

Cash-strapped Air India is reported to have already cleared a major portion of its dues to state-run oil marketing companies and is expected to pay up the remaining amount by Friday, the deadline s…

Tagged as: air-india, airline, business, cash, corporate, credit, india, indian, industry, legal, markets, omcs

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Binani Industries acquires Belgian fibreglass company 3B, for Rs1,781 crore

by Paul Joseph February 2, 2012 Featured

Cement maker, Binani Industries Limited (BIL), the holding company of the $1.6-billion Kolkata-based Braj Binani Group, yesterday acquired Belgian fibreglass company 3B, for ?275 million (Rs1,781 c…

Tagged as: 275-million, advertising, companies, copyright, corporate, european, india, management, markets, owens-corning, platinum-equity

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Lufthansa to sell no-frills brand Bmibaby to unnamed UK-based firm

by Paul Joseph February 2, 2012 Featured

Lufthansa’s UK subsidiary British Midland International (BMI) yesterday announced that it has signed a term sheet to sell its regional no-frills brand Bmibaby to an unnamed UK-based company.

Tagged as: advertising, airline, barcelona, bmi, british, business, copyright, finance, legal, news, term-sheet, undisclosed-sum

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Panel moots trimming of Air India staff?s incentives

by Paul Joseph February 1, 2012 Featured

Five years after the merger of Indian Airlines and Air India, the company still does not have a uniform pay scale and well-defined career paths for different groups of employees of the two organisatio…

Tagged as: copyright, corporate, finance, indian-airlines, industry, legal, management, news, supreme-court

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Copyrights: Legal hurdles to retrieving users’ data from Megaupload

by Paul Joseph February 1, 2012 Featured

The retrieval of Megaupload users’ data will apparently not be an easy process because of the fact that the possibility of a clash of interests of the users with those of copyright owners may pose some notable legal hurdles. Even though a temporary respite has come for Megaupload users in the form of the consent by the two host servers – Carpathia Hosting and Cogent Communications – about avoiding deletion of data for another two weeks, it still will be quite an uphill task to enable the users to actually retrieve the files that they have uploaded on the shuttered file-sharing site. read more

Tagged as: business, chinese, india, ipad, japan, megaupload, mexico, social-media

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