Breaking news is coming out to technology market. 3M suggests about US$943 million in cash for Biometric Security Vendor Cogent Systems. Biometric access control systems will help 3M to widen its ID card and authentication systems as reported on Monday. It will go far beyond its main control target and law agencies market to other [...]
Washington, Aug 30 (IANS) US President Barack Obama says with the US economy growing, but not fast enough, he would “keep on pushing” to keep America’s fragile recovery from global downturn on track. “The economy is still growing, but it’s not growing as fast as it needs to. I’ve got things right now in — [...]
Mumbai, Aug 30 (IANS) A benchmark index for Indian equities slipped from its intra-day highs and was ruling marginally lower than its previous close. Other Asian markets, however, closed in the green. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,063.48 points, was trading in afternoon trade at 17,998.73 [...]
New York, Aug 28 (IANS) Ford Motor Co. is recalling a total of 462,750 Windstar mini vans made during 1998-2003 over concerns that the rear axles could corrode and fail. The recall covers vans sold or registered in 21 states, following reports that after years of running, “corrosion can weaken the rear axle” and possibly [...]
New Delhi, Aug 27 (IANS) Two coins will be released Saturday to mark the birth centenary of Mother Teresa. Finance Minister Pranab Mukherjee will release the coins – of Rs.100 and Rs.5 denominations – at a function here to be attended by President Pratibha Patil, spokesperson of the centenary celebration committee Father Babu Joseph told [...]
The Cabinet now cleared the Direct Tax Code Bill 2011 giving a major relief for the salaried class. It has been referred to the Select Committee, and will be introduced in Rajya Sabha on Monday. The new provisions under the Direct Tax Code are as follows: Tax for income between Rs. 2 lakh – Rs. [...]
Suzuki Now launched their latest motorcycle model SlingShot in the Indian market. The bike will be BS III compliant and be available in black, silver and orange. The bike is expected to be priced between Rs 55,000 to Rs 60,000. There are no further engine details and the final price of the model will also [...]
As indicated yesterday Indian Markets followed the Global trend however during the close heavy weight Reliance and other Major Heavy weights cracked at the end to break an imp support of 5480 levels which may indicate a selling pressure till 5425-5450 levels Today the Indian markets are expected to open on a flatish note and [...]
Oracle CEO Larry Ellison’s sensational email that criticized the Hewlett-Packard board for firing its CEO Mark V Hurd on his alleged involvement in sexual charges has raised some issues. Mr Ellison has said, “The HP board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. [...]
Leading telecom operators Bharti Airtel and Reliance Communications on Friday said they are ready with their 3G infrastructure and are waiting for the government to release spectrum. The government is likely to release spectrum on 1st September this year after it gets vacated by the defence forces. The total revenue of the government from sale [...]
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