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

Business

'IT, retail sectors emerging as two largest employers'
  Information technology and retail sector have the potential to be two major job creators in the country in the next five years, according to Dr Ganesh Natarajan, the Chairman of Nasscom.

Technology

IT boosts companies' profits by 30 percent
  The use of IT in businesses has resulted in an increase in profits of companies by 30 percent and profitability by 3 percent, says a study by the India Development Fund (IDF).

Technology

Google comes up with Hindi on Google translate
  Identifying the importance that the Google accords to the expanding Indian market, Google has launched Hindi as one of the languages on its popular Google translate application.

Business

Sabeel Ahmed to leave for India Wednesday
  Indian doctor Sabeel Ahmed, brother of the suicide bomber who rammed his flaming jeep into the gates of Glasgow airport last year, will leave for India Wednesday in a voluntary move, his solicitors said Tuesday.

General

Initiated-in-India online venture faces up to global disasters
  Myanmar's Cyclone Nargis reminds us that we can't stop nature's fury. But a group of techies and communicators believe they can help people cope with such tragedies - via cyberspace.

Business

India Infrastructure Investment Fund to get $5 Bn
  With India's foreign exchange reserves topping $300 billion, the government and the Reserve Bank of India have jointly decided to invest $5 billion in their wholly-owned subsidiary - India Infrastructure Finance.

General

India to boost tourism using Commonwealth Games
  India is going to exploit the 2010 Commonwealth Games in New Delhi to boost tourism in a big way, Minister of State for Tourism Kanti Singh said here Tuesday.

Business

Court orders status quo on Ambani dispute over gas
  The Bombay High Court Tuesday ordered status quo to be maintained in the dispute between the Ambani brothers on the gas supplies from the Krishna Godavari basin off India's southeastern coast.

Technology

Sony signs deal with Pritish Nandy Communications
  Sony Pictures India, which collaborated with Sanjay Leela Bhansali for "Saawariya" last year, signed a three-movie deal with Pritish Nandy Communications (PNC) here Tuesday.

Business

Vodafone slashes roaming rates
  Leading cellular service provider Vodafone Essar Tuesday slashed roaming charges and the rates for long-distance calls.

Business

Haldia Petro buys out L&T's stake in HPLCL
  Haldia Petrochemicals Tuesday acquired Larsen and Toubro's 51 percent stake in HPL Cogeneration for Rs.1.80 billion, getting full ownership of the firm that was set up as a joint venture in 1998.

Business

India's retail food sector seen doubling by 2025
  The retail food sector in India is expected to grow from the current $70 billion to $150 billion by 2025, according to consultancy firm McKinsey & Co.
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