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Popular Articles

IIP to accelerate on restocking, externalities: Moody's
Industrial output, which grew at a 22-month high of 10.4 per cent in August, is set to accelerate further on inventory restocking and improving external factors, rating agency Moody"s said today.

N-deal: India seeks speedy negotiations with US
India today sought speedy negotiations of reprocessing arrangements, as well as liberalisation of the export licensing procedures, to move forward the Indo-US civilian nuclear deal.

News of the day

Black Rose owner ran two ships in same name: CID
The mystery surrounding Black Rose, the Mongolian ship which sank near Paradip port a couple of months back, appear to be unfolding gradually with the officials of the Criminal Investigation Department (CID) unearthing some vital facts in their probe.
Management

LG Electronics quits PC manufacturing

LG Electronics Inc, South Korea"s second-largest electronics maker, said today it has stopped the production of personal computers and is fully outsourcing it to local and Taiwanese companies. - ISRO to launch 8 foreign satellites; also eyes acquisitions - Dubai"s Nakheel demands halt on trading in its bonds - Suven gets 3 European patents on NCEs - Firm trend prevails; Metal index advances 3% - Stop using insurgents as strategic tool, Obama warns Pak - PM yet to decide on attending Copenhagen climate summit For years, LG has gradually boosted outsourcing of personal computers to cut costs. LG"s direct production of personal computers ceased in September, according to company officials. With the decision, a personal computer plant in LG"s plant in Kunshan, China"s Jaingsu Province, was switched to produce vehicle navigation systems, the company said.


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