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Business News from Daily India |
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Sensex extends gains 7 percent today
The Bombay Stock Exchange (BSE) Sensex extended its gains to seven percent on Monday afternoon, boosted by the Finance Minister P. Chidambaram saying that the government was working on more measures to improve liquidity.
Sify Technologies wins brandon hall excellence in learning award for third consecutive year
Sify Technologies Limited, a leader in Consumer Internet and Enterprise Services in India with global delivery capabilities, announced today its eLearning division's winning the coveted Brandon Hall Award for the third consecutive year.
QuEST global gets govt notification to lease out land at its precision engineering SEZ in Karnataka
QuEST Global, a leading provider of outsourced engineering services and manufacturing, announced today that it has received the Government of India notification for its SEZ (Special Economic Zone) in Belgaum, Karnataka. QuEST Global has also received approval for the units that are coming up in phase 1 of the SEZ.
Mallya, Goyal meet over possible alliance
Kingfisher Airlines and Jet Airways on Monday broached a possible alliance to overcome their problems, largely generated by mounting fuel bills in wake of the global financial crisis.
Kamal Nath for more intra-trade among India-Brazil-South Africa
Union Minister of Commerce and Industry Kamal Nath today said that that achieving the Millennium Development Goals (MDGs) will acquire key importance in the overall framework of economic cooperation.
Max New York Life Insurance appoints Rajesh Sud as chief executive officer and managing director
Max New York Life Insurance Ltd., the joint venture between Max India Ltd. and New York Life International, LLC, the international arm of New York Life Insurance Company, announced today that Rajesh Sud, has been named Chief Executive Officer and Managing Director of the joint venture operation, effective November 1, pending formal IRDA approval.
Cranes software announces release of the NISA/CIVIL Version 16
Cranes Software International Limited, a provider of enterprise statistical analytics and engineering simulation software products and solutions today announced the launch of NISA /CIVIL Version 16 - the latest version of its industry leading FEA package 'NISA /CIVIL'.
Helion and TVS Shriram growth fund invest 7.5 million dillars in 9.9 media
Helion Ventures and TVS Shriram Growth Fund have invested 7.5 million dollars in 9.9 Mediaworx Pvt Ltd, a diversified media company focused on niche consumer, business and professional communities. Sanjeev Aggarwal, MD of Helion, and Gopal Srinivasan, CMD of TVS Capital, will join the 9.9 Media Board.
Maveric Systems and Smartesoft announce software quality acceleration initiative
Momail and JAJAH introduce innovative calling option
Momail (www.momail.com) and JAJAH (www.jajah.com) are excited to announce their collaboration to make phone calls over Internet even easier to setup.
Chidambaram's "not to panic" appeal
Union Finance Minister P Chidambaram today appealed to the Indian public not to panic over the impact of the global financial crisis and exuded confidence about the public's money being safe in banks.
CSM Software announces top management changes to target aggressive growth
CSM Software a leading provider of advanced engineering software and services to global aerospace, automotive and heavy engineering industries, today announced the reorganization of its top management to target aggressive growth in line with the major growth expected in the engineering services and product design markets.
Now, Nano runs into trouble in Gujarat
The ultra-small car Nano, which is being brought out by TATA Motors, is once again in troubled waters in Gujarat after some farmers voiced their discontent over the compensation offered against their land.
RBI Governor says fundamentals of Indian economy continue to be strong
Reserve Bank of India Governor D. Subbarao has said that the fundamentals of the Indian economy continue to be strong.
Buffett moves ahead of Gates to top of Forbes 400 American rich list
Berkshire Hathaway owner Warren Buffet has overtaken close friend Bill Gates to become the richest individual as per the Forbes 400 Richest Americans list.
ICICI welcomes steps to ease credit squeeze
Private sector bank ICICI has welcomed the Reserve Bank of India's (RBI) measures to ease the credit squeeze.
The RBI cut the Cash Reserve Ratio (CRR) by 1.5 percentage points to 7.5 per cent, saying the move would free up around 600 billion Indian rupees in funds.
Third National Conference of CASPI and APDI on Oct 13
The Third National Conference of CAPSI (Central Association of Private Security Industry) and APDI (Association of Private Detectives and Investigators) will be held in Bangalore on October 13.
Congress worried about share market downturn
The Congress party on Friday expressed concern over the downturn in the stock market.
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