Friday, October 8, 2010

India's wealth to double in 5 yrs

India's wealth to double in 5 yrs


India's wealth to double in 5 yrs

Posted: 08 Oct 2010 06:30 PM PDT

India's robust economic growth is likely to drive the country's fortune to a $6.4 trillion in the next five years, reflecting a nearly two-fold jump from the country's current wealth, says a report.

Security drive: Telcos block many cell users

Posted: 08 Oct 2010 12:51 PM PDT

Telecom subscribers are beginning to feel the heat of DoT's stringent subscriber re-verification norms with many consumers using different networks across the country being temporarily or permanently disconnected.

UAE won't ban BlackBerry services

Posted: 08 Oct 2010 06:48 PM PDT

The UAE will not suspend Research in Motion's BlackBerry service this month, the country's telecommunications regulator said.

Is MS planning to bid for Adobe?

Posted: 08 Oct 2010 06:45 PM PDT

Steven Ballmer, Microsoft's CEO, recently showed up with a small entourage of deputies at Adobe's offices to hold a secret meeting with Adobe's CEO, Shantanu Narayen .

Sensex closes 65 points down

Posted: 08 Oct 2010 04:11 AM PDT

In choppy trade, the Bombay Stock Exchange benchmark Sensex on Friday fell by 65 points on selling in bluechip counters, led by metal and auto stocks, as investors judged the recent run-up an overdone.

Rupee falls by 23 paise against dollar

Posted: 08 Oct 2010 06:00 AM PDT

The rupee on Friday fell sharply by 23 paise to close at 44.42/43 against the US currency on fresh dollar buying by banks and importers amid weak equity markets.

Spicejet to connect Chennai-Colombo

Posted: 08 Oct 2010 08:21 AM PDT

Spicejet said it would launch its new Chennai-Colombo flight on Saturday. SUN TV Network chief Kalanidhi Maran will flag off the flight.

Auto sales clock new record in September

Posted: 08 Oct 2010 04:12 AM PDT

Domestic automobile sales clocked a new record of 13,29,086 units in September, driven by best ever monthly sales in passenger cars and motorcycles.

B P Acharya pushed out of APIIC board

Posted: 08 Oct 2010 07:16 PM PDT

The state government on Friday reconstituted the board of A n d h r a Pradesh Industrial Infrastructure Corporation (APIIC) by removing B P Acharya, principal secretary, industry and commerce . A GO to this effect was issued by the department of infrastructure and investment.

BlackBerry wins UAE reprieve, looming ban halted

Posted: 08 Oct 2010 01:07 AM PDT

The United Arab Emirates backed off a threat to cut key services on BlackBerry smart phones Friday, just days before the ban was set to take effect.

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