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  News Spotlight:General | Business | Technology | Ventures | Weekend | MembersFeed

Technology

India to consider e-mail as valid evidence
  Corporate Executives, those relying on email for communication, can be more confident in using them. The government has drafted new company law. The law permits to recognize e-mail as a valid piece of evidence.

Technology

Step up investment in R&D, Antony urges Indian firms
  Indian industry will have to step up investment in R&D to improve its technological capability to meet the requirements of the armed forces, Defence Minister A.K. Antony said here Tuesday.

General

IITs urge PM for exemption from caste quota in faculty
  All the 13 Indian Institutes of Technology (IITs) have requested Prime Minister Manmohan Singh to exempt them from having to implement quota in their faculty, drawing parallels with the government departments of atomic energy and space science.

Business

Number of poor in India has gone up: World Bank
  The shrinking power of the dollar has made more Indians poor, a World Bank report released Tuesday said.

Technology

Government denies charging Huawei Technologies with fraud
  The government Tuesday said it has not charged Chinese telecom company Huawei Technologies with employing Chinese workers in India without proper work permits.

Technology

Axon buyout will protect Infosys from U.S. slowdown: CEO
  The acquisition of the Britain-based SAP consulting firm Axon Group is part of IT major Infosys' strategy to protect its business from a slowdown in the US and expand its global footprint.

Technology

Nasscom supports new UK point based system
  The new point based system (PBS), which is introduced as a criterion for intra-company transfers and work permits in U.K., has found Nasscom's full support.

Technology

Broadcom to acquire AMD's Digital TV business
  Broadcom and Advanced Micro Devices (AMD) announced that the companies have entered into a definitive agreement for Broadcom to acquire AMD's digital TV (DTV) business.

Business

'Economy to grow at 8-9 percent, inflation to moderate'
  Finance Minister P. Chidambaram Tuesday told heads of industry that the economy would grow eight to nine percent and inflation would start easing from October.

Technology

IIM-A to develop retail management software for Nike
  IIM- Ahmadabad (IIM-A) has signed an online project with Nike, one of the major sportswear and equipment manufacturers, to develop a software which intends to make Nike's retail management effective and effortless.

Business

BHEL to make equipment for nuclear plants
  The Bhopal unit of state-run Bharat Heavy Electricals (BHEL) will make equipment for nuclear plants and turbines, and assemble them once the India-US nuclear deal gets through, a union minister said Tuesday.

Business

JSW Steel to go ahead with West Bengal project
  JSW Steel, which is setting up a steel plant at Salboni in West Medinipur district of West Bengal, will go ahead with the project despite the ongoing agitation in Singur over land acquisition for the Tata Nano small car project.
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