Space Business

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What India needs to do to grab a slice of the $200 billion global space market

Dec 17, 2015 at 19:16 | Source: FirstPost

by Dinesh C SharmaWith the successful launch of six Singaporean satellites from the Satish Dhawan Space Centre in Sriharikota on Wednesday evening, the Indian Space Research Organisation (ISRO) and its commercial arm, Antrix Corporation, have made an...

Google unveils new Nexus TV, phone and tablet devices

Oct 17, 2014 at 12:32 | Source: BBC

Google has announced three new Android-powered, Nexus-branded devices, comprising a set-top box for TVs, a tablet and a smartphone. The machines are all designed to showcase the forthcoming update to its operating system, codenamed Android Lollipop. ...

Internet moguls Elon Musk, Jeff Bezos shake up US space race

Sep 20, 2014 at 13:05 | Source: Economic Times

WASHINGTON: The space race to end America's reliance on Russia escalated this week with a multibillion-dollar NASA award for SpaceX's Elon Musk and an unexpected joint venture for Blue Origin's Jeff Bezos. At stake for both Internet tycoons, besides...

Airbus orders slump in first quarter but profit rises

Jun 01, 2014 at 21:17 | Source: BBC

Europe's largest aerospace group, Airbus, has reported a sharp drop in jet orders in the first quarter of the year, but profits nearly doubled. The company recorded 103 orders in the three-month period totalling 21.1bn euros ($28.9bn; £17bn), d...

Why Facebook was smart to buy Oculus

Mar 31, 2014 at 17:47 | Source: Market Watch

Yes, I think Facebook Inc. probably overpaid in its $19 billion acquisition of Whatsapp . And yes, I think it also probably overpaid in its more recent $2 billion acquisition of Oculus VR. But even if these recent ideas don’t pan out, I disagree w...

Finally, we’ve broken the GSLV barrier

Jan 06, 2014 at 23:02 | Source: The Hindu BusinessLine

It was a dream come true for the Indian Space Research Organisation (ISRO), when its geosynchronous satellite launch vehicle (GSLV-D5), powered by an indigenous cryogenic engine, put the GSAT-14 communication satellite into orbit, on Sunday.The tamin...

EADS, Emirates sign deal for 50 more A380s

Dec 23, 2013 at 19:52 | Source: DomainB

Emirates Airline, the largest operator of Airbus A380 aircraft in the world, is adding 50 more A380 wide bodied double decker aircraft to its fleet, as it plans a major expansion. European Aeronautic Defence and Space Company EADS NV, the maker of A...

EADS to cut 5,800 jobs in Europe

Dec 10, 2013 at 16:37 | Source: The Hindu BusinessLine

European aerospace giant EADS, the maker of Airbus aircraft, announced plans yesterday to cut 5,800 jobs in its defence and space division over three years. The layoffs, part of a major restructuring in the face of falling orders, will affect the gr...

EADS confirms 5,800 job cuts across Europe

Dec 10, 2013 at 04:47 | Source: BBC

Aerospace and defence giant EADS says it will cut 5,800 jobs as a fall in governments' military spending begins to bite. The company, which owns Airbus, plans to reorganise its European defence and space businesses. It says there will be a subst...

EADS announces 5,800 jobs cuts in defence, space division

Dec 10, 2013 at 04:47 | Source: Economic Times

BERLIN; European aerospace giant EADS, the maker of Airbus aircraft, announced plans Monday to cut 5,800 jobs in its defence and space division over three years. The layoffs, part of a major restructuring in the face of falling orders, will affect t...

No more duopoly in airlines

Dec 02, 2013 at 21:47 | Source: The Hindu BusinessLine

European aerospace giant, EADS (European Aeronautic Defence and Space Company) is set to restructure itself under the Airbus brand. In an interview with Business Line, EADS chief executive officer Thomas (Tom) Enders, talks about what it means to th...

Airbus parent EADS plans thousands of job cuts

Nov 21, 2013 at 14:27 | Source: The Hindu BusinessLine

European aerospace and defence giant EADS plans to cut several thousand jobs as part of a plan to restructure its defence and space businesses, informed sources told DPA Wednesday.Up to 8,000 jobs could be scrapped after three EADS subsidiaries R...

In defense, India is a sleeping giant: EADS Global Chief Tom Enders

Nov 20, 2013 at 04:27 | Source: Economic Times

Tom Enders, a German paratrooper in his youth, has been trooping into India every year for the past seven years. The chief executive of European defence and aerospace giant EADS, which has in its fold entities such as Airbus, Eurocopter, Cassidian a...

How internet makes a few wealthy and destroys jobs

Aug 10, 2013 at 14:49 | Source: FirstPost

In 1996, Kodak was ranked the fourth most valuable brand in the world by Interbrand. Less than 16 years later, in January 2012, it filed for Chapter 11 bankruptcy. A major reason for its fall was the inability of the company to go 'digital' fast enou...

10 things you should before the opening bell

Jul 24, 2013 at 08:26 | Source: FirstPost

Global cues:Most Asian stock markets edged up in a tentative morning session on Wednesday, while the dollar treaded water, as investors awaited the latest reading on China's manufacturing activity to gauge the health of the world's second-biggest eco...

Isro plans 12 missions per annum for 5 yrsThe latest two phases of 20 missions each took six years and four years, respectively, the Isro chief said

Sep 13, 2012 at 00:26 | Source: Business Standard

The Indian Space Research Organisation (Isro), which took nearly 35 years to complete a century of space missions with the launch of the PSLV C21 last Sunday, is capable of completing the second 100 within next 10 years. Speaking to reporters on the ...

Branson's Heathrow Hurdles Contrast With Virgin Space Optimism

Jul 12, 2012 at 14:00 | Source: Bloomberg

Richard Branson's inability to grow Virgin Atlantic Airways Ltd. as fast as he'd like has pushed the billionaire's space business to the top of his agenda.

BPO major Genpact to acquire US-based Triumph Engineering

Jul 10, 2012 at 18:00 | Source: VC Circle

Third acquisition by the company in 2012; move to enhance services portfolio for infra and manufacturing space. Business process outsourcing major Genpact Ltd will acquire Triumph Engineering Corp, which provides engineering and technical services to...

Flipkart's days of heavy discounts might be over

May 31, 2012 at 13:16 | Source: FirstPost

As a testimony to the recent turmoil in the Indian e-commerce space, Business Standard today reported that investors are getting jittery about Flipkart's slowing growth.Flipkart would like to be India's Amazon. They might even be on their way there, ...

Tata Realty and Infra to foray into hospitality - Business

May 07, 2012 at 14:11 | Source: Money Rediff News Report

To commence work on two projects, add Rs 3,000 crore (Rs 30 billion) of business Tata Realty and Infrastructure (TRIL), a wholly-owned subsidiary of Tata Sons, is foraying into retail and hospitality segments through a new subsidiary, TRIL Hospital...

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