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

General

India to edge out Australia in household wealth
  India will force Australia out of the world's top 10 countries with the highest household wealth within just a decade, according to research published Wednesday.

Technology

Stock Holding launches e-stamping facility
  Stock Holding Corporation of India Ltd (SHCIL), India's largest custodian and depository participant, launched its state-of-the-art electronic stamping (e-stamping) facility here Wednesday.

Business

Inflation will be controlled in six weeks: Kapil Sibal
  Minister of Science and Technology Kapil Sibal Wednesday said the United Progressive Alliance (UPA) government will bring down prices in six weeks.

Technology

IT exporters hope tax relief will be extended further
  The Electronics and Computer Software Export Promotion Council has welcomed the central government's decision to extend by one year till March 31, 2010, tax exemption available to the IT companies under the STPI scheme.

Weekend

Idea Cellular slashes long-distance call rates
  Leading mobile phone service provider Idea Cellular Wednesday slashed its long-distance call rates and roaming charges.

Business

British firm VoiceStream acquires Helios Outsourcing
  British company VoiceStream has acquired 75 percent stake in the city-based firm Helios Outsourcing.

Business

Sutherland to set up global campus in Chennai
  The U.S. based business process outsourcing (BPO) company Sutherland Global Services Wednesday announced it would set up its first global campus in Chennai.

General

More than 200 child workers rescued in Ranchi
  More than 200 child labourers were rescued from different hotels and dhabas (eateries) of Ranchi Wednesday.

General

Haryana wheat arrival exceeds 5 Mn tonnes
  Wheat arrivals in Haryana food grain markets have crossed the 5 million tonne mark this season.

Business

Doha deal can help resolve food crisis: WTO
  The head of the World Trade Organisation (WTO) said Wednesday that the multilateral trade body must help provide a solution to the spreading global food crisis.

Business

U.S. asks India to open markets ahead of talks with Kamal Nath
  The U.S. wants advanced developing countries like India, China and Brazil to open their markets to finish the Doha round of world trade talks before President George Bush leaves office next January.

Ventures

Prime Sense raises $9 Mn A round funding
  Prime Sense, a fabless semiconductor start-up, has announced that it has raised $9 million in an A round from Gemini Israel Funds and Genesis Partners.
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