The company’s buy of Concur will strengthen its position in cloud computing Germany’s SAP has agreed to buy US expenses software maker Concur for $7.3 billion in cash, strengthening its position in cloud computing but sending its shares down almost three per cent on concern over the price.SAP has been slow to embrace cloud computing, which allows businesses to cut costs by ditching bulky servers for network-based systems, but the Concur deal announced late on Thursday accelerates ... Rediff.com, 2 days ago
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With the market rising and investor sentiment improving, India’s primary market is warming up for action, after a hiatus of about two years. Buoyed by the success of the Rs 200-crore (Rs 2 billion) initial public offering (IPO) of Snowman Logistics, which saw bids worth about Rs 12,000 crore (Rs 120 billion), at least three more IPOs are set to hit the market. On Friday, agrochemical company Sharda Cropchem launched a Rs 350-crore (Rs 3.5 billion) offering. Next in line are media firm ...Rediff.com, 2 weeks ago
New Delhi : It seems like India’s faltering economic growth has picked up pace under Modi rule as Indian economy grows at 5.7 per cent in April-June quarter of 2014-15, marking the fastest quarterly growth in nearly two years. The growth reflects the ...IndiaTV News, 3 weeks ago
NORTON: American Ryan Palmer, whose putting has been razor sharp for the past six weeks, upstaged some of golf’s biggest names as he surged into a two-shot lead at the Deutsche Bank Championship on Friday. The 37-year-old Texan, seeking a fourth PGA ...Himalayan times, 3 weeks ago
Brent crude has gone below $100 a barrel for the first time in two years. This is good news, as India is a major importer of fossil fuel. But oil prices have to remain soft for sustainable gains. Analysts believe crude oil prices should remain soft through the year, as the International Energy Agency has cut global oil consumption estimate from 1.3 million barrels per day in January to 0.9 million barrels per day at present. What this suggests is that the world demand for oil continues to ...Rediff.com, 2 days ago
Talks of an imminent interest rate increase by the US Federal Reserve have raised concern that foreign investor flows into the Indian market might get slower. So far this year, investment by foreign institutional investors, a key driver for the stock market rally, has crossed $14 billion, one of the highest among major emerging markets. The benchmark indices have rallied nearly 30 per cent in 2014. Experts say foreign investor flows will have to remain strong for the market rally to ...Rediff.com, 6 days ago Foreign investors may get permission to invest more in BSE, NSE Rediff.com, 1 week ago
As the economy rebounds, end-user sentiment is likely to spur growth in the real estate sector and tier-II cities are likely to outshine the metropolitan ones, notes Priya Nair Capital appreciation will happen in a place where there is less supply and that is why tier-II cities have more potential. Photograph: Reuters There are good reasons, such as lower costs and better quality of life, for companies and individuals moving to places beyond the metros. So, property prices will ...Rediff.com, 6 days ago
ATLANTA : FedExCup points leader Chris Kirk maintained control of the season-long race for playoff honours as he surged into a share of the lead in Thursday’s opening round of the elite Tour Championship. Kirk, who took over at the top of the standings ...Himalayan times, 1 week ago
Brokerages are falling over each other to revise their Sensex or Nifty targets. While Nomura has increased the target for the Sensex to 30,310 by August, 2015, Deutsche Bank and BNP Paribas expect the BSE benchmark to hit 28,000 by December this year. Some are going beyond the current financial year to build an air of optimism. Bank of America Merrill Lynch expects the markets to double in four years, while Morgan Stanley expects Sensex to be at 50,000 by 2020. If consensus estimates are to be ...Rediff.com, 1 week ago
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 New Delhi: At a time when Prime Minister Narendra Modi is reaching the milestone of completing a hundred days of office, more economic indicators are pointing towards good times. On one ...IndiaTV News, 3 weeks ago
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