India's inflation rate zooms to three-year high
India's annual rate of inflation shot up to a
three-year high of seven percent for the week ended March 22, from 6.68 percent for the week
before, due to higher prices of essential items such as vegetables.
Cabinet panel nod for IT zones
The Cabinet Committee on Economic Affairs (CCEA)
has approved the proposal to create Information Technology Investment Regions (ITIRs).
BSE to launch Sensex
Futures in the U.S.
Mutual funds' asset base falls 6.6 percent in March
>>
TECHNOLOGY
Intel unveils
new classmate PC for education market
World's largest chip-maker Intel on Thursday
unveiled a new version of its classmate PC for global education market.
New smartphones with killer
applications could replace PCs
Think that cellphone in your pocket is pretty
neat?
Google announces first mass lay-offs
CII inks pact for IT training in Africa
>>
BUSINESS
'Domestic airlines to lose $1 Bn in
2007-08'
Domestic airlines are likely to suffer a combined
loss of close to $1 billion (about Rs 4,000 crore) in 2007-08, according to Jet Airways chairman
Naresh Goyal.
Bombardier posts $317 Mn profit
Bombardier, the Canadian giant that manufactures
aircraft and trains, has posted a profit of US$317 million, up $49 million from the last year.
Tamil Nadu
firm to disburse $300 Mn loans
Dubai-based Indian realtor to expand portfolio to $1.4 Bn
>> VENTURE NEWS
Future Ventures wants to do a Berkshire here
Kishore Biyani's latest initiative Future Ventures
(FVIL) is looking to create an economic environment conducive to entrepreneurial activities in the
country.
VC activity set for stable growth in 2008
Coming is the era of venture capitalists (VC) in
the country. The VC growth in India is getting stable after making rapid strides over the past
couple of years.
Sadbhav Engg JV gets order worth $41.7 Mn
M&M, ICICI Venture consortium to acquire Italian firm
>> OTHER
NEWS
81 percent Americans say U.S. on wrong
track: Survey
The U.S. public is in the dumps about the
direction of the country and its economy, according to a New York Times/CBS News poll released on
Friday.
Jha is new chairman of excise and customs board
P.C. Jha, a 1971-batch officer of the Indian
Revenue Service, has taken over as the new chairman of the Central Board of Excise and Customs.
G-77 urges
rich nations to honour MDG commitments
India-Bangladesh train service to resume April 14
>> BLOGS
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