Monthly Archives: March, 2009
L&T bags Rs 345 Crore order
Larsen & Toubro has said it has received an order worth Rs 345 crore from the Nuclear Power Corporation of India Ltd (NPCIL) for manufacturing and supplying steam generators.
In a filing to the Bombay Stock Exchange, L&T said it has bagged an order valued at Rs 345 crore from NPCIL for design, manufacture and supply [...]
Gunmen firing in Lahore
At least 26 people were killed and up to 90 injured as gunmen opened firing and throwing hand grenades at Lahore police training center on Monday morning.
The official, the inspector general of police for Punjab Province, Khalid Farook, said efforts were being made to capture the attackers alive. Television footage from a neighboring building showed [...]
FICCI asks to reduce Corporate tax rate
According to the findings of a total tax contribution (TTC) survey, the Federation of Indian Chambers of Commerce and Industry(FICCI) has demanded reduction in the corporate tax rate.
The TTC Survey 2008 has provided a comprehensive picture of the taxes borne and collected by 41 participating companies, out of the 100 companies constituting the S&P CNX [...]
Verizon confirms plans to sell Netbooks
Verizon Wireless has confirmed reports that it is ready to enter the Netbook market. Spokeswoman Brenda Raney has quoted that the plan is for the company to start selling 3G-enabled Netbooks by the end of the second quarter, or by June.
Unfortunately, Raney could offer little else in the way of details regarding pricing or potential [...]
TB enzyme decoded to develop new drugs
Scientists have decoded the unique structure and mechanism of a tuberculosis enzyme, paving way for development of new drugs to combat active and latent tuberculosis infections. Barbara Gerratana, assistant chemistry and biochemistry professor in Maryland University College of Chemical and Life Sciences, led the research team, which included her graduate student Melissa Resto and assistant [...]
Soy diet may keep breast cancer at bay
Women who consumed high amounts of soy during childhood may have a lower risk of developing breast cancer, says a new study on Asian-American females.
“Historically, breast cancer incidence rates have been four to seven times higher among white women in the U.S. than in women in China or Japan. However, when Asian women migrate to [...]
Withdraw cash from any ATM
From April 1 you can use any ATMs of your choice without shelling out any extra money.
According to RBI directive, banks have been prevented from charging any fee for cash withdrawals using ATM and debit cards issued by other banks from April 1 onwards.
However, banks can still charge extra for services like cash withdrawal with [...]
Tata Group stocks gain
Leading Tata group firms, including Tata Motors and Tata Steel, outperformed Sensex in March by surging more than twice of what the benchmark index has gained in the month so far.
According to a comparative analysis of their performance, the 30-share Sensex, which regained the 10,000-level last week, surged 13 per cent in the one-month period [...]
North Korea may launch mid-range missile
North Korea is preparing to launch a close- to mid-range missile separately from the long-range rocket that Pyongyang has said it will launch next month, the Sankei Japanese daily newspaper reported on Sunday.
The report comes as Pyongyang is poised to launch a communications satellite between April 4-8 that regional powers believe will actually be a [...]
Tesla Motors CEO: Model S is cheaper
After wowing the auto press with the sleek design of Tesla Motors’ all-electric Model S, company CEO Elon Musk is now making an economic argument to consumers–and, perhaps, the U.S. government–for buying the luxury sedan.
After months of anticipation, Tesla on Thursday took the covers off the Model S, an electric sedan priced at $56,400 but [...]
Azharuddin Opens His Political Innings
Mohammad Azharudddin, the former cricketer who joined the Congress last month, will open his political inning from Moradabad in Uttar Pradesh.
Azharuddin’s name figures in the list of 14 candidates declared by the party on Friday for Uttar Pradesh, where the party wants to revive its lost votebase by going it alone in the polls.
The candidature [...]
Landing day for space shuttle Discovery
Discovery and its crew are scheduled to touch down at NASA’s Florida spaceport early Saturday afternoon. Favorable weather is expected.
The seven astronauts are winding up a 13-day mission that was highlighted by the successful installation and unfurling of the space station’s last pair of solar wings. The $300 million addition brought the orbiting outpost up [...]
Indonesia dam kills dozens
At least 50 people have drowned after a lake burst through a dam, sending a wall of water into a neighbourhood outside Jakarta, the Indonesian capital.
The collapse of the dam on Friday morning left more than a dozen people missing and hundreds of homes submerged.
Officials say they expect the death toll to rise.
It is not [...]
India Needs More Stimulus Measures says Ahluwalia
India will need to introduce further measures to stimulate growth, said Montek Singh Ahluwalia, deputy chairman of the nation’s Planning Commission, ahead of a Group of 20 meeting on the global economic crisis.
The new government that takes over in May after general elections will need to take steps to try and maintain the current year’s [...]
84 countries mark Earth Hour 2009
The lights are going down from the Great Pyramids to the Acropolis, the Eiffel Tower to Sears Tower, as more than 2,800 municipalities in 84 countries plan Saturday to mark the second worldwide Earth Hour.
McDonald’s will even soften the yellow glow from some Golden Arches as part of the time zone-by-time zone plan to dim [...]
