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

Business

Merck launches diabetes pills in India
  Merck Sharp & Dohme (MSD), the wholly owned subsidiary of US-based Merck & Co Inc Whitehouse Station, launched type-2 diabetes tablets, JANUVIA, in India.

Business

'Challenges ahead for India's mortgage-backed security sector'
  India has made progress in the field of loans backed by non-residential property, but some challenges still exist, according to a report released by global rating agency Moody's Thursday.

Business

Expert unhappy with futures trading ban
  The government has banned futures trading in four commodities to tame inflation, but a member of an official expert panel has questioned the move, saying it would only hurt farmers.

Business

Bharat Coking Coal to invest $300 Mn
  Bharat Coking Coal (BCCL), which operates mines in Jharkhand and West Bengal, will invest Rs.12 billion ($300 million) in equipment by 2011-12 as part of its revival strategy, says a top company official.

Technology

Yahoo! India launches Glue Pages Beta
  Yahoo! India has launched a new concept for Yahoo! India Search called Glue Pages Beta.

General

Indian American scientist develops arsenic-resistant Bt rice
  The presence of arsenic in the soil in parts of eastern India and Bangladesh has adversely affected rice production, as also the health of people who eat the contaminated rice.

Technology

Toonz Animation short-listed for Global Tech Showcase
  The city-based Toonz Animation India Ltd, one of the premier animation studios in Asia, has been short-listed for the Global Tech Showcase 2008 (GTS-2008), an international business event that will be held in La Brule, France, in June this year.

Technology

I-Flex to provide technology solutions to Bahrain Bank
  Mumbai-based I-Flex Solutions announced Thursday that it would provide technology solutions to Bahrain's TAIB Bank.

Business

HSBC admits huge data loss in Hong Kong
  Banking giant HSBC was under fire Thursday after admitting it had lost the data of 159,000 accounts from a Hong Kong branch.

Business

Cheap Indian cars coming, warns Canadian minister
  Nano, Tatas' small car with a price tag of just $2,500, is already being viewed as a threat to the North America auto market even before its launch in India.

Business

Airtel crosses five Mn subscriber mark in northern states
  Telecom major Airtel Thursday said it had crossed the five million subscriber base mark in three northern states of Punjab, Haryana and Himachal Pradesh.

Business

Work begins on $875 Mn Andhra industrial park
  The work on a Rs.35 billion ($875 million) industrial park, including a luxury bus building unit of the Britain-based Caparo group of Lord Swraj Paul, began Thursday in Andhra Pradesh's Nellore district.
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