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

General

Goa to appoint NRIs to state boards, corporations
  Goa is set to become the first state in India to appoint non-resident Indians (NRIs) to various boards and corporations.

Technology

U.S. toymaker sues Indian brothers
  U.S. toymaker Hasbro has filed a suit in federal court against RJ Softwares for creating an online word game on Facebook networking website by copying its product Scrabble.

General

Indian-origin woman named UN rights commissioner
  Indian-origin South African judge Navanethem Pillay, born in Durban to a bus driver, has been appointed the new UN High Commissioner of Human Rights.

Technology

New satellite to watch out for earth-threatening asteroids
  Canada is planning to launch a satellite in 2010 for tracking wayward asteroids that may pose a threat to Earth.

Business

Kuttanad package to bring relief to farmers
  The Rs.18.4-billion Kuttanad package cleared Thursday by the Manmohan Singh government is certain to give a new lease of life to Kuttanad, often referred to as the 'rice bowl of Kerala'.

Business

'India, Brazil unity crucial to success of WTO talks'
  Unity between India and Brazil is crucial to break the deadlock and resist attempts to divide developing countries at world trade talks, a former Indian trade negotiator said here Friday.

Business

Grasim industries posts marginal rise in net profit at Rs.67.18 Bn
  Grasim Industries, flagship company of the Aditya Birla Group, has posted a marginal rise in net profit at Rs.67.18 billion for the quarter ending June 2008 as compared to Rs.66.96 billion for the corresponding period of the previous year.

Business

Tata Power net up to $47.63 Mn in first quarter
  Tata Power Co Ltd Friday announced a net profit $47.63 million (Rs.1.9 billion) during the first quarter this fiscal, compared to $47.5 million (Rs.1.9 billion) in the corresponding period the previous year.

Technology

'India's is second largest IT industry'
  Indian IT industry which is reeling under the global slowdown has something to its relief.

Technology

Wipro grabs Lodha's 10-year IT Contract
  Wipro Infotech, the India and Middle East IT Business of Wipro, grabbed Rs.132 crore worth 10 year IT contract. The real estate developer, Lodha Group, has given this contract for IT transformation.

Technology

Aztecsoft marks $23 Mn loss in the first Quarter
  The brutal rupee depreciation phenomena took its toll on the software services firm Aztecsoft, who reported Rs.9.29 crore losses in the first quarter ended June 30, 2008.

Technology

Greatness of Indian training crosses borders
  Effectiveness of the Indian way of training in financial research outsourcing has won appreciations of bankers abroad.
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