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Reuters Summit - Microsoft braces for major customer shift

- Reuters
SEATTLE (Reuters) - Microsoft Corp sees tens of millions of corporate e-mail accounts moving to its data centers over the next five years, shifting to a business model that may thin profit margins but generate more revenue.


Duty exceptions a Doha linchpin for U.S. agriculture

- Reuters
WASHINGTON (Reuters) - As global trade talks inch closer to a make-or-break moment, support from the influential U.S. agriculture sector may hinge on highly technical rules for protecting their goods from tariff cuts.

NYC campaign shows dark side of counterfeit goods

- Reuters
NEW YORK (Reuters) - New York City, long a place where counterfeit watches and fake designer handbags are sold on street corners, is unveiling an ad campaign warning consumers of the human cost of indulging in knockoffs.

Texmaco net soars 143%, turnover at Rs 937 crore

- Indian Express
Texmaco reported a 97% increase in turnover to Rs 937.18 crore for the year to March 31, 2008, as against Rs 476.13 crore recorded in the year-ago period. Gross Profit (PBDT ) surged by 127% to Rs 109.58 (against Rs 48.37 crore) and profit before tax (PBT) by 133% to Rs 100.72 crore (against Rs 43.14 crore). Net profit rose sharply by 143% to Rs 69.09 crore in the period as against Rs 28.48 crore recorded in the corresponding period of the previous fiscal. The company has maintained a compound annual growth of over 48% over the last five years. ...

Orissa is a better destination than Jharkhand:chambers

- Indian Express
Representatives of two leading Jharkhand chambers of commerce who recently visited Orissa say the latter is the better of the two states as an investment destination. Jharkhand is yet to come out with its rehabilitation & resettlement (R&R) policy, without which no industrial house can acquire land for greenfield projects in the state. Orissa, on the other hand, has already acquired land at many places to develop various industry clusters, such as those for steel at Kalinganagar and aluminium & power at Jharsuguda, etc. The delegation also visited the Orissa Industrial Infrastructure Development Corp-promoted auto-component manufacturing complex at Mania (near ...

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