http://www.andhrabusiness.com/RssFeeds.aspxBusiness News...Copyright (c) 2009 Cybermate! Inc. All rights reserved.20Lanco Infratech has announced the achieving of financial closure for its 1,320 MW Lanco Babandh power project in Orissa. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lanco-Infra-achieves-fin.-closure-for-1-320-MW-Orissa-power-project.htmlThu, 09 Sep 2010 10:44:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/Google has made the process of online search much faster with the launch of Google Instant. The service helps users scan the results even as they type their search item. By predicting the search and showing results before you finish typing, Google promises saving at least 2-5 seconds per search. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=View-search-results-as-you-type-with-Google-Instant.htmlThu, 09 Sep 2010 10:00:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009091002482812500.jpgThe Indian IT industry is not unduly worried about states in the US banning offshoring as this is nothing new, said N Lakshmi Narayanan, Vice Chairman, Cognizant Technology Solutions and Kris Gopalakrishnan, CEO Infosys, on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=“Not-unduly-worried-about-States-in-US-banning-offshoring”--Cognizant--Infy-CEOs.htmlWed, 08 Sep 2010 07:54:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009080804055312500.jpgSanjeev Kapoor , winner of numerous culinary awards, joined with Better Valve Brands (BVB) to launch global Indian restaurant chain,Indii. The 100-crore joint venture plans to set up 70 Indii outlets in the next 12 months.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sanjeev-Kapoor--BVB--to-launch-new-restaurant-chain.htmlWed, 08 Sep 2010 07:18:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Communications on Wednesday launched a unique open market handsets bundle offer for new post paid CDMA customers across Andhra Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RCOM-launches-bundle-offer-for-AP-customers.htmlWed, 08 Sep 2010 07:14:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/:Right to Education (RTE) will decrease the ratio between teacher and pupil to 1:30 from 1:40 under Sarva Siksha Abhiyan (SSA), according to D. Purandeswari, Minister of State for Human Resource Development (HRD), Government of India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RTE-will-lead-to-increase-in-number-of-teachers-HRD-Minister.htmlWed, 08 Sep 2010 07:08:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Moon B. Shin, Managing Director, LG Electronics India Pvt Ltd received two awards at Asia's Best Employer Brand Awards hosted by Employer Branding Institute, in association with CMO Council at Suntec Singapore. The awards included CEO of the year and CEO with HR Orientation.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LG-India-CEO-bags-CEO-of-the-year-award.htmlWed, 08 Sep 2010 06:35:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bajaj Auto's flagship motorcycle brand Pulsar on Wednesday launched a new consumer website - www.mypulsar.com. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pulsar-launches-new-experiential-website-mypulsar.com.htmlWed, 08 Sep 2010 06:15:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Abbott on Wednesday announced that it completed the acquisition of Piramal's Healthcare Solutions business, propelling it to market leadership in the Indian pharmaceutical market and further accelerating the company's growth in emerging markets.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Abbott-completes-acquisition-of-Piramal-Healthcare.htmlWed, 08 Sep 2010 06:04:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Goods & Service Tax (GST) is the most talked about topic in the field of indirect taxation today in India. Everybody is keenly waiting for the proposed GST draft which will replace the existing system of VAT in India. The central government wants the GST to be implemented in India by 1st April, 11.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GST-in-India-End-of-the-road-or-Beginning-of-the-journey.htmlWed, 08 Sep 2010 05:35:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009080549210156250.jpgEdelweiss Capital, one of the leading diversified financial services companies, has appointed Anil Kothuri as Head-Retail Finance. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Anil-Kothuri-to-head-Edelweiss-Capitals-retail-fin.-business.htmlWed, 08 Sep 2010 04:55:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/HPCL is proposing to increase its sale of spry oils, used as pesticide on crops, from the present 10,000 tonnes to 35,000 tonnes. The company is planning to enhance its product portfolio by launching specialty products and also lubricants with a view to increasing its marketshare.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HPCL-to-hike-marketshare-in-spry-oils.htmlWed, 08 Sep 2010 04:33:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Micro Star International (MSI), a leading maker of notebook computers in India, on Wednesday unveiled F-Series notebooks in the country. The company launched five models of this stylish notebook series.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MSI-launches-F-Series-laptops-in-India.htmlWed, 08 Sep 2010 04:15:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009080426214218750.jpgIn a move which is expected to marginalize smaller players in the manufacturing of G.I. and ERW Pipes in the country, Surya Roshni Limited, the largest player in the niche, plans to embark on an elaborate campaign to create awareness about substandard pipes in the market.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Surya-plans-campaign-against-spurious-pipes--small-players-to-be-hit.htmlWed, 08 Sep 2010 03:13:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009080321437968750.jpgChennai-based business conglomerate Murugappa Group, on Wednesday, unveiled its new logo as a part of its rebranding exercise. This is part of the group’s brand campaign with theme ‘Energy Unbound’http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Murugappa-Group-unveils-its-new-logo.htmlWed, 08 Sep 2010 02:23:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Biotechnology Industry Organization (BIO) is organizing first BIO India International Partnering Conference at HICC, Hyderabad on September 21- 22, 2010http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-to-host--BIO-India-International-Partnering-Conference.htmlWed, 08 Sep 2010 01:33:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam has announced the appointment of Kunihiko Higashi as the Country Manager for its Japan operations. Mr Higashi would be responsible for heading the overall operations for Mahindra Satyam in Japan including sales, marketing and professional services and support.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-appoints-new-Country-Manager-for-Japan.htmlWed, 08 Sep 2010 11:23:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009081128484687500.jpgSuven Life Sciences has secured a product patent in Australia and Mexico for its new chemical entity (NCE) used for the treatment of neurodegenerative diseases. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suven-secures-8th-patent-in-Australia-and-Mexico.htmlWed, 08 Sep 2010 11:06:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/Software products firm, Thinxtream Technologies has announced a partnership with Accel Frontline Ltd., a leading IT Infrastructure Services provider, to offer a complete digital signage solution for various sectors.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Thinxtream-and-Accel-Frontline-sign-deal-for-new-Digital-Signage-solution.htmlWed, 08 Sep 2010 11:04:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharat Heavy Electricals Ltd has announced the signing of a Joint Venture agreement with Governement of Kerala for the acquisition of Kerala Electrical and Allied Engineering Company Limited (KEL).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=BHEL-buys-Kasargod-unit-of-KEL.htmlWed, 08 Sep 2010 09:50:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/Red Hat Inc, an open source solutions provider on Tuesday announced that National Commodities and Derivatives Exchange Limited (NCDEX) is powering its mission critical IT infrastructure on Red Hat Enterprise Linux. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Red-Hat-Enterprise-Linux-powers-NCDEX-IT-infrastructure.htmlTue, 07 Sep 2010 08:39:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nearly 40 percent of automotive engineering services, worth around $101.6 million, to be outsourced to service providers by 2015, according to Frost & Sullivan report.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Outsourcing-to-drive-automotive-engineering-sector.htmlTue, 07 Sep 2010 08:32:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti AXA General Insurance on Tuesday launched its additional cover in motor insurance - Invoice price cover.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-AXA-General-Insurance-launches-Invoice-Price-Cover-product.htmlTue, 07 Sep 2010 08:26:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s largest carmaker Maruti Suzuki announced on Tuesday that it would set up a third manufacturing plant at Manesar with an investment of Rs 1,925 crore. The new plant, which will produce 2.5 lakh units, will take total production of Maruti Suzuki to 17.5 lakh units by 2012-13.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti--to-produce-17.5-lakh-vehicles-a-year-by-FY2013.htmlTue, 07 Sep 2010 07:49:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009070804521875000.jpgOn a day when the Insurance Regulatory and Development Authority (IRDA) denied the renewal of licence to global reinsurance firm Willis India, the Chairman of the body announced that that a Committee had been formed to frame guidelines for the reinsurance business in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-guidelines-for-Reinsurance-firms-in-India-IRDA-Chairman.htmlTue, 07 Sep 2010 06:58:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009070705242343750.jpgAkai, one of the leading Japanese consumer electronics brands, on Tuesday made its foray its foray into the mobile handset segment in India by launching 10 new models in the dual SIM category. The handsets are priced between Rs.1,895 to Rs.7,995. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Akai-enters-into-Indian-mobile-handset-market.htmlTue, 07 Sep 2010 06:51:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/Unior, mobile services provider is offering new plans to the customers in Andhra Pradesh for international and domestic calls.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Uninor-launches-Ramzan-special-tariff-voucher.htmlTue, 07 Sep 2010 06:29:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chennai-based Bafna Pharma received Australian Therapeutic Goods Administration (TGA) approval for manufacturing of both prescription and non-prescription products in Australia. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bafna-Pharma-gets-Australian-regulators-nod.htmlTue, 07 Sep 2010 05:38:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/3G mobile services are set to transform communication ecosystems, according to a recent Frost & Sullivan report.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=3G-mobile-services-to-transform-communication-ecosystem.htmlTue, 07 Sep 2010 05:35:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Standing Committee of Parliament has recommended the restriction of the tenure of independent directors in a company to five years and for making the process of selection of Independent Director, independent of the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Call-to-restrict-tenure-of-independent-directors-to-5-yrs.htmlTue, 07 Sep 2010 05:05:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009070509595468750.jpgState Bank of India is planning to raise a sum of Rs 500 crore through the public issue of Lower Tier II Bonds.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-to-raise-Rs-500-cr-Tier-II-capital.htmlTue, 07 Sep 2010 04:06:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based K12 Techno Services Pvt Ltd, which runs over 60 schools under Gowtham Model School brand and Orchids International School brand, received $15 million (Rs 70 crore) investment from Sequoia Capital and Song Advisorshttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sequoia--Song-invest-Rs-70-cr-in-city-based-K12-Techno.htmlTue, 07 Sep 2010 04:05:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009070411548593750.jpgIndia is poised to become second highest defence spender in Asia Pacific within next five years and seventh largest globally by 2016 according to a recent Frost & Sullivan report.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-to-emerge-as-2nd-highest-defence-spender-in-Asia-Pacific.htmlTue, 07 Sep 2010 03:32:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/IDBI Federal Life Insurance announced the launch of its new ULIP called IDBI Federal Wealthsurance Milestone Plan today, a unique Insured Wealth Plan designed to help cross different milestones in one’s life.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IDBI-Federal-launches-new-ULIP--IDBI-Federal-Wealthsurance.htmlTue, 07 Sep 2010 02:57:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/ApnaCircle, a social and career networking site, has launched a new iPhone application that gives the user easy access to ApnaCircle's updates, status, profiles, discusssions, connections, inbox and invitations. This application provides users with quicker response and improvised features.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ApnaCircle-launches-its-iPhone-application.htmlTue, 07 Sep 2010 12:52:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/JSW Steel has reported a 3 per cent growth in crude steel production for August 2010 to 5.39 lakh tonnes compared to 5.21 lakh tonnes in August 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=JSW-Steels-production-up-3-pc-in-August.htmlTue, 07 Sep 2010 10:39:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading power transmission EPC company KEC International, part of the RPG group, has announced the acquisiton of US-based Steel lattice transmission tower maker SAE Towers Holdings Ltd, for a consideration of $95 million.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=KEC-Intl-acquires-US-based-steel-tower-maker-for-$95mn.htmlTue, 07 Sep 2010 09:37:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vinati Organics Limited is among Asia's Best Under a Billion firm http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vinati-Organics-is-among-Asias-Best-Under-a-Billion-firm.htmlMon, 06 Sep 2010 08:07:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/Cholamandalam MS General Insurance Company Limited, a joint venture between Murugappa Group and Mitsui Sumitomo Insurance of Japan, has launched ‘e-Policy’ for all its intermediaries, bancassurance partners and customers across its 113 branches.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chola-MS-launches-e-Policy-for-customers--partners.htmlMon, 06 Sep 2010 08:05:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sandeep Maheshwari, founder of ImagesBazaar.com has bagged the coveted Young Creative Entrepreneur Award instituted by the British Council, a division of the British High Commission in India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ImagesBazaar.com-founder-wins-Young-Creative-Entrepreneur-Award.htmlMon, 06 Sep 2010 08:04:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hyderabad Industries, a fibre cement roof manufacturing company and part of C.K. Birla Group of Companies, acquired a fibre-sheets manufacturing facility situated at Saidapure, Dera Bassi, Punjab, with a capacity of 45,000 MT per annum.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-Industries-acquires-manufacturing-facility-in-Punjab.htmlMon, 06 Sep 2010 07:48:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/JK Tyre & Industries Ltd on Monday launched ‘Join the Class’ loyalty programme in the tyre industry to acknowledge the continued support of its channel partners. The three year programme is to appreciate and recognize the outstanding performance of channel partners.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=JK-Tyres-launches-‘Join-the-Class’-loyalty-programe.htmlMon, 06 Sep 2010 07:39:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Kansai Nerolac Paints Ltd. on Monday announced Shahrukh Khan as its new brand ambassador. Shahrukh Khan will endorse company’s eco-friendly decorative paint solutions. The company’s new campaign ‘ Kuch Change Karein, Chalo Paint Karein’ will feature Shaharukh Khan.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Shahrukh-Khan--new-brand-ambassador-for-Nerolac-Paints.htmlMon, 06 Sep 2010 07:36:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009071056334687500.jpgTransasia Bio-Medicals Ltd, through its fully owned German Subsidiary, Erba Diagnostics acquired a majority stake in US-based IVD company IVAX Diagnostics.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Transasia-Bio-Medicals-acquires-majority-stake-in-IVAX-Diagnostics.htmlMon, 06 Sep 2010 07:33:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Group Chairman Ratan N Tata has been conferred with the degree of Honorary Doctor of Laws by the Pepperdine University, California, at a formal ceremony held in The Taj Mahal Palace, Mumbai on Friday September 3, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ratan-N-Tata-awarded-Honorary-Doctorate-by-Pepperdine-University.htmlMon, 06 Sep 2010 07:28:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009071042331718750.jpgTelecom Regulatory Authority of India (TRAI) will implement mobile number portability (MNP) from November 1 this year, according to TRAI Chairman Dr J S Sharma.Mobile number portability offers cellular subscribers the freedom to change service providers while retaining their numbers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TRAI-to-implement-mobile-number-portability-from-Nov.-1.htmlMon, 06 Sep 2010 07:18:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060725593593750.jpgThe All India Management Association - Center for Management Education (AIMA-CME) has announced the launch of a Post Graduate Diploma in Management (PGDM) programme in the e-learning mode, in association with Hughes Communications India Ltd. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AIMA-announces-PGDM-programme-through-e-learning.htmlMon, 06 Sep 2010 07:13:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Board of Andhra Cements Ltd has approved the preferential issue to HDFC and IDFC at a price of Rs 24 per share, which includes a premium of Rs 14 per share. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhra-Cements-makes-preferential-issue-at-Rs-24-per-share.htmlMon, 06 Sep 2010 07:00:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Board of Bank of India, on Monday, approved the formation of a wholly-owned subsidiary to handle marketing and sales activities among others.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bank-of-India-to-form-marketing-subsidiary.htmlMon, 06 Sep 2010 06:51:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Om Triple R India Private Limited, the channel partner for Japan-based Triple R Overseas Corporation in India, on Monday launched latter’s oil cleaning machines that are used for cleaning of used lubricating oils for reuse.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=OM-Triple-R-unveils-lubricating-oil-cleaning-machines.htmlMon, 06 Sep 2010 06:16:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Netxcell Limited, a telecom application provider, announced an addition to its core team with appointment of Kishore PRP as Head-Quality. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Netxcell-gets-new-quality-head.htmlMon, 06 Sep 2010 05:44:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Southscope, a South Indian English film magazine, is organizing the Lux Sandal Southscope Cine Awards 2010 at HICC (Hyderabad International Convention Centre), Hyderabad on September 19, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-to-host-Lux-Sandal-Southscope-Cine-Awards.htmlMon, 06 Sep 2010 05:25:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Godrej Appliances, a division of Godrej Group’s Godrej & Boyce Mfg. Co. Ltd on Monday released its innovative Game LCD TV into Andhra Pradesh. The newly-launched LCD TV, which is priced at Rs 40,000, dexterously combines the features of an interactive gaming console with an LCD TV.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Godrej-launches-Game-LCD-TV-priced-at-Rs-40-000.htmlMon, 06 Sep 2010 05:06:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060515117031250.jpgThe complexities of taking a real estate development project from concept to delivery are not always fully understood. Going from concept to drawing board to final handover is a lengthy path, one that is filled with risks that continually threaten successful project execution.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Risk-and-mitigation-strategies-for-real-estate-projects.htmlMon, 06 Sep 2010 04:41:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060453476093750.jpgThe BSE Sensex reached a 31-month high of 18,600 points aided by good factory production numbers in the UK. The metal stocks were bullish on Monday and helped the Sensex with a 338 point gain or 1.86 per cent rise to close at 18,560 points.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-reaches-31-month-high;-up-320-points.htmlMon, 06 Sep 2010 04:19:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060431349062500.jpgA report released last week by the Boston Consulting Group about digital consumers in the ‘Bric’ countries – Brazil, Russia, India and China - is an eye opener. India has the lowest Internet penetration among all, just 7 percent, while the other three are very similar, between 28 and 33 percent.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India’s-‘unconnected-80-percent’-How-they-are-helping-themselves.htmlMon, 06 Sep 2010 03:40:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060406053906250.jpgGene Logic, a part of city-based Ocimum Biosolutions company, has announced the appointment of Dr Norrie J. W. Russell, as the President of the company. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gene-Logic-appoints-Norrie-Russel-President.htmlMon, 06 Sep 2010 02:58:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/Naresh Ajwani, President of Cyber Cafe Association of India CCAOI, the association responsible for promoting the "India Model-shared PCs" of Internet in the country, has been re-elected as the "Number Council" - Asia Pacific Network Information Center (APNIC) & the Address Council-ICANN.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-to-argue-on-IPv4---IPv6-transition-policies.htmlMon, 06 Sep 2010 02:56:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009060408379375000.jpgA leading trainer for high performance professionals, TalentSprint has joined hands with software testing firm Thinksoft Global to launch professional programs in the area of structured testing of financial software. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TalentSprint-partners-Thinksoft-for-financial-software-testing.htmlMon, 06 Sep 2010 02:01:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Aurobindo Pharma has entered into a licensing and supply agreement with AstraZeneca, a leading biophama company, for the supply of several solid dosage and sterile products for emerging markets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aurobindo-signs-deal-with-AstraZeneca-to-supply-finished-dosages.htmlMon, 06 Sep 2010 10:20:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/A drastic fall in revenues from the domestic as well as overseas markets resulted in city-based software development firm Tanla Solutions post a steep fall in net profit to Rs 3.26 crore for the fiscal 2009-10 as against Rs 73.28 crore registered in the fiscal 2008-09.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tanla-Solutions-profits--revenues-fall-drastically-in-2009-10.htmlMon, 06 Sep 2010 10:06:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Pullela Gopichand Nimmagadda Foundation Badminton Academy is organising a badminton tournament exclusively for corporates - Let’s Shuttle -from September 17 to 19, 2010 at Pullela Gopichand Academy in the city.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gopichand-Academy-to-hold-corporate-badminton-tournament.htmlSat, 04 Sep 2010 08:04:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009040822546250000.jpgAndhra Pradesh Government on Saturday signed the concession agreement with L&T Hyderabad Metro Rail Pvt Ltd, a special purpose vehicle (SPV) floated by L & T for development of Hyderabad Metro Rail project in public private partnership (PPP) mode.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Govt-signs-Hyderabad-Metro-Rail-pact-with-LandT.htmlSat, 04 Sep 2010 07:40:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009040751158125000.jpgThe Board of Andhra Cements Ltd will meet on Monday to approve the allotment of preference shares to HDFC and IDFC, said the company on Saturday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhra-Cements-Board-to-meet-on-Monday-to-approve-fund-raising.htmlSat, 04 Sep 2010 05:32:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Comp U Learn Tech India Ltd, a leading e-governance, e-learning and IT Solutions provider, has announced the appointment of PVVV Satyanarayana as the Chairman of the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PVVV-Satyanarayana-is-the-new-Chairman-of-Comp-U-Learn-Tech.htmlSat, 04 Sep 2010 05:31:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nava Bharat Ventures has announced that its sugar plant at Samalkot has won the National Award for Excellence in Energy Management, 2010 from Confederation of Indian Industry (CII) for the fourth consecutive year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nava-Bharat-Ventures-sugar-plant-gets-Energy-Management-award.htmlSat, 04 Sep 2010 05:30:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Sujana Towers Ltd, a transmission line towers company, bagged orders valued at Rs 148.38 crore from SPIC SMO & SEW Infrastructure Ltd. The order includes supply of 16700 MT of 400 kV transmission line towers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sujana-Towers-bags-Rs-143-crore-order.htmlSat, 04 Sep 2010 05:25:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/With new norms on Unit Linked Insurance Products (ULIPs) coming into effect from September 1, Bajaj Allianz launched its two new ULIP products. The two new products are Bajaj Allianz Max Advantage and Bajaj Allianz Wealth Insure.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bajaj-Allianz-launches-two-new-ULIPs.htmlSat, 04 Sep 2010 04:53:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/IT firm Prism Informatics has announced that Mohan Natarajan has joined its board of directos as additional director on Saturday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mohan-Natarajan-joins-Prism-Informatics-as-additional-director.htmlSat, 04 Sep 2010 02:17:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Jagran Solutions, marketing agency providing solutions for brand activation consumer connect strategies, won two awards at EEMAX 2010 on Friday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Jagran-Solutions-wins-two-awards-at-EEMAX-2010.htmlSat, 04 Sep 2010 01:58:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based FMCG company, Farmax India has inaugurated its new atta and soap production facility, at Bowrampet, near Hyderabad, established with an investment of around Rs 25-30 crore. The capacity expansion was funded through the Rs 280 crore funds raised by the company through GDR.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Farmax-inaugurates-Rs-30-cr-detergent-plant-at-Bowrampet.htmlSat, 04 Sep 2010 01:45:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009040153187031250.jpgTatanet, a division of Tata Group's Nelco Ltd, on Saturday announced a strategic partnership with Compuware Corporation to provide end-to-end application performance management (APM) services to its customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nelco-Ltd-arm-partners-with-Compuware.htmlSat, 04 Sep 2010 12:35:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/With new norms on Unit Linked Insurance Products (ULIPs) coming into effect from September 1, Future Generali India Insurance Company Limited, a JV of India's Future Group and Italy's Generali Group on Friday launched its new ULIP product Future Generali Select Insurance Plan (FG SIP) in AP.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Future-Generali-launches-new-ULIP-product-in-AP.htmlFri, 03 Sep 2010 09:13:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009030920248437500.jpgThe Indian markets were relatively insulated from the global impact due to the strong domestic market demand according to a recent Frost & Sullivan report. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indian-markets-insulated-from-Global-impact-due-to-domestic-demand.htmlFri, 03 Sep 2010 08:53:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Special Economic Zones (SEZ) that have stirred many a controversy within and outside the state is a reality of contemporary economy and Communist countries like China are also promoting SEZ for economic growth, said N Thulasi Reddy, Spokesperson AP State Congress Committee.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SEZs-are-realities-of-contemporary-economy.htmlFri, 03 Sep 2010 08:33:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/If you think your employee is taking a holiday break and would come back to work with a fresh mind, beware, he could come back with a resignation letter. Many Indian professionals tend to quit their jobs after the summer vacation due to lack of promotion, according to a survey by Regus.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Holidays-are-best-times-to-to-think-about-job-shift.htmlFri, 03 Sep 2010 07:33:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009030740396406250.jpgLeading direct-selling FMCG company, Amway India Enterprises Pvt. Ltd, opened its first Health and Beauty Brand Experience centre in Gurgaon. The centre is located at MGF Mega city Mall, MG Road, Gurgaon and offers consultancy on nutrition, fitness and beauty.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Amway-India-opens-its-new-health-and-beauty-centre-in-Gurgaon.htmlFri, 03 Sep 2010 07:02:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/Software major, IBM announced that its IBM power7- based system with IBM DB2 database software and IBM system storage has broken double digit performance barrier with 10 million transactions per minute mark. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IBM-breaks-double-digit-performance-barrier.htmlFri, 03 Sep 2010 04:12:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading Information Technology majors in India including Infosys, TCS, Unisys Global Services, Patni Computer Services and Honeywell Technology Solutions, among others have been nominated for the IT Service Management Leadership Awards 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Infosys--TCS--Unisys-shortlisted-for-ITSM-Leadership-Awards-2010.htmlFri, 03 Sep 2010 04:07:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/Harley Davidson fans in the country can now look forward to meeting similar fans of the iconic motorbike and hitching rides. The Indian arm of Harley Davidson, is planning to set up a Harley Owners Group for Harley motorbike enthusiasts in India shortly, said the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Harley-Owners-Group-coming-soon-to-India.htmlFri, 03 Sep 2010 03:48:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tech Mahindra and Mahindra Satyam, both part of the Mahindra & Mahindra group, have been collaborating with each other on various projects even before the start of the formal process of integration of operations of the two companies.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tech-Mahindra-and-Mahindra-Satyam-collaborate-on-projects.htmlFri, 03 Sep 2010 03:42:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009030347513906250.jpgIndo Global Education Summit 2010, which attempt to bring together representatives of foreign universities and Indian institutions, will be held between December 3-5, 2010, at the Marriott Hotel and Convention Centre in the city. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-to-host-Indo-Global-Education-Summit-in-December.htmlFri, 03 Sep 2010 02:24:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Seven companies from the city are among the Asia 200 Best Under a Billion top-performing companies list by Forbes. Companies like Amara Raja Batteries, Hyderabad Industries, Indag Rubber, ICSA India, Kaveri Seed India, KNR Construction and Ranklin Solution India find a place in the list.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Seven-city-firms-among-200-best--under-$1-Bn-firms-in-Asia.htmlFri, 03 Sep 2010 10:51:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009031102213593750.jpgSuzlon Energy Ltd has won a 30 MW order from Orissa-based Altrade Group to operarate and maintain two wind energy projects in Jaisalmer and Jodhopur districts of Rajasthan. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-gets-30MW-order-from-Altrade-group.htmlFri, 03 Sep 2010 10:15:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/Home Appliances and Consumer Electronics major, Haier on Thursday announced the opening of its first “Haier Experience Centre” at NV Plaza, Panjagutta which promises the customer a better buying experience combining the technology know how, product experience and display of its various products.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Haier-Experience-Centre-inaugurated-in-Hyderabad.htmlThu, 02 Sep 2010 08:08:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020813513593750.jpgAndhra Pradesh Chief Minister K. Rosaiah has admitted that there is a shortage in the supply of fertilizers in the State. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Rosaiah-admits-to-shortage-of-fertilizers.htmlThu, 02 Sep 2010 07:56:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Paying rich tributes to the most popular leader of his times, Y.S. Rajasekhara Reddy, next only to NTR to have occupied the status of a demi God in Andhra Pradesh, ABDC Media & Communication Pvt Ltd, publishers of www.andhrabusiness.com, joins the State in observing his first death anniversary.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-year-on--YSRs-spectre-haunts-detractors.htmlThu, 02 Sep 2010 07:39:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020749467968750.jpgGlobal money transfer services provider, Western Union Company has launched its 60,000th agent location in Mohali on Thrusday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Western-Union-now-has-60-000-Agent-locations-in-India..htmlThu, 02 Sep 2010 07:22:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/JetPrivilege, the frequent flyer programme of Jet Airways India Ltd, has partnered with The Leading Hotels of the World, whereby JetPriviledge members may earn JPMiles at hotels. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=JetPrivilege-partners-with-luxury-hotel-brand.htmlThu, 02 Sep 2010 07:19:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chennai-based pharma firm Zenox Lifesciences Ltd expects to register a turnover of Rs 100 crore by 2012-13. The pharma start-up is promoted by the former CEO of Strides Pharmaceuticals and former MD of Grandix Pharmaceuticals Ltd, SA Manikandan.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Zenox-Lifesciences-targets-100-crore-turnover-by-2012-13..htmlThu, 02 Sep 2010 07:02:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/For Pokarna Ltd, a leading high-quality granite exporter from the country which focused on the US market, the recession came as a rude shock. In an interview with AndhraBusiness.com, Gautam Chand Jain, Chairman, Pokarna tells what went wrong with the company and how it is reworking its strategy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=The-good-old-days-for-granite-exports-may-never-come-again-Gautam-Chand-Jain.htmlThu, 02 Sep 2010 06:16:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020623043125000.jpgThe city has witnessed a 40 per cent growth in hiring activity during the month of August 2010 as compared to the same month last year. The hottest skill sets for the month of August were Engineering and Banking where the job index moved up by 10 per cent and 6 per cent.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hiring-activity-up-40-pc-in-Hyderabad-in-August.htmlThu, 02 Sep 2010 06:01:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020610213750000.jpgCity-based Sri Biotech Labs India,which has earmaked Rs 100-cr for expansion, will spend Rs 25 crore from that amount on research activities, according to the company's Managing Director R K K Reddy. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sri-Biotech-plans-Rs-100-cr-expansion--to-focus-on-RandD.htmlThu, 02 Sep 2010 05:02:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Tulasi Seeds, which aims to emerge as market leader in seeds sector in next two years, will raise Rs 150 crore by offering 20 per cent of its stake to private equity firms as well as banks.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tulasi-Seeds-to-raise-Rs-150-cr-through-stake-sale.htmlThu, 02 Sep 2010 04:33:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Communications, India’s leading telecom perator, on Thursday announced a comprehensive value proposition plan,Masti Pack, for the high value youth segment in the State. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Reliance-Com-launches-Masti-Pack-in-AP.htmlThu, 02 Sep 2010 04:02:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/iMedX Inc, a leading healthcare software and services company, on Thursday launched its first training center in the country in Hyderabad. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=iMedX-opens-training-center-in-the-city.htmlThu, 02 Sep 2010 03:30:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ramachandran was appointed the chairman of Hyderabad-based Andhra Bank. Executive Director of Union Bank of India S. Raman was made the CMD of Canara Bank, Nagesh Pydah of Punjab National Bank was appointed the Chairman of Oriental Bank of Commerce.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramachandran--new-CMD-of-Andhra-Bank.htmlThu, 02 Sep 2010 03:06:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020312290937500.jpgTwo-wheeler major Bajaj Auto Limited reported 55 per cent jump in its sales during last month. The company sold 3,29,364 units of motorcycles and commercial vehicles during August 2010 against 2,13,072 units in August 2009. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bajaj-Auto-sells-3-29-364-units-in-August--up-55-pc.htmlThu, 02 Sep 2010 03:04:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/A consortium comprising Tata Power Ltd (47.50 per cent), Origin Energy Ltd (47.50 per cent) and PT Supraco Indonesia (5 per cent) has won the bid for a geothermal project in Indonesia. The Sorik Marapi project would support the development of 240 MW of geothermal generation capacity.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Power-consortium-wins-Indonesian-geothermal-resources-bid.htmlThu, 02 Sep 2010 02:25:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009020232194218750.jpgShriram Automall India Ltd, a subsidiary of Shriram Transport Finance, has launched two new initiatives that to provide organized trading facilities to the small truck operator. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Shriram-Automalls-new-initiatives-bring-transparency-in-truck-purchase.htmlThu, 02 Sep 2010 12:48:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Corporation Bank has announced the appointment of Ramnath Pradeep as the Chairman and Managing Director of the Bank, with effect from September 1, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Corporation-Bank-gets-new-CMD.htmlThu, 02 Sep 2010 11:03:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/Telecom operators who won 3G spectrum through an auction early this year were allocated the 3G spectrum by the Government on Wednesday. However the operators will have to pay 3-8 per cent of their Adjusted Gross Revenue against 2-6 per cent agreed upon earlier, with the amended license rules. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Govt-allocates-3G-spectrum-to-telcos--albeit-at-higher-rates.htmlWed, 01 Sep 2010 10:07:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009011016450312500.jpgIndia’s leading software services compay Tata Consultancy Services Ltd announced on Wednesday that its UK subsidiary Diligenta won two life and pension contracts totaling 250 million pounds (Rs 1,802 crore) in revenue in the United Kingdom.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TCS-arm-gets-Rs-1-800-cr-contracts-from-UK-firm.htmlWed, 01 Sep 2010 09:00:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010909431250000.jpgReliance Broadcast Network Ltd (RBNL) on Wednesday announced plans for new capital infusion of Rs 400 crore for its future growth. The new capital is raised through issue of preferential shares to its promoter group and other investors.The RBNL Board approved the proposal for new capital infusion.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Reliance-Broadcast-plans-Rs-400-cr-capital-infusion.htmlWed, 01 Sep 2010 08:37:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010849164375000.jpgIndia’s largest carmaker Maruti Suzuki, which is facing threat to its market share from a slew of new models from its rivals, on Wednesday, launched a limited edition of its popular compact Swift to celebrate Maruti's achievement of selling one million cars in a financial a year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-unveils-special-edition-Swift-compact.htmlWed, 01 Sep 2010 07:32:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010738222343750.jpgIT services major Wipro has signed a five year total outsourcing deal with Central Bank of India to provide state-of-the-art, technology-driven core banking solution for seven sponsored Regional Rural Banks.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Wipro-signs-core-banking-deal-with-Central-Bank-of-India.htmlWed, 01 Sep 2010 07:25:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti AXA Investment Managers removes Exit Load in equity growth schemeshttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-AXA-Investment-Managers-removes-Exit-Load-in-equity-growth-schemes.htmlWed, 01 Sep 2010 07:20:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/India's largest e-waste recycling unit is to come up in Bangalore. The unit will be set up by Cimelia Resource Recovery Pte Ltd, a subsidiary arm of Enviro-Hub Holdings Ltd, a global leader in offering environment restoration solutions for Electronics, Electrical & Equip Industries. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indias-largest-e-waste-recycling-unit-to-come-up-in-Bangalore.htmlWed, 01 Sep 2010 07:13:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/Google is inviting Indian children to Doodle again. The search engine-giant has announced the launch of its second Doodle 4 Google competition in India to celebrate the Children’s Day on 14th November 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Google-Invites-children-to-‘Doodle’-their-dreams-for-India.htmlWed, 01 Sep 2010 07:05:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/It is back to conventional insurance products for life insurance firms, with the Insurance Regulatory and Developmental Authority's stringent guidelines for ULIPs making it difficult for companines to retain their old ULIPs and come out with new products that meet IRDA guidellines. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Life-Insurance-firms-get-back-to-the-drawing-board-with-new-IRDA-norms.htmlWed, 01 Sep 2010 07:01:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010705260781250.jpgIndia’s automobile sales continued their upward trend during August with the automakers in the country recording robust sales. With festive season ahead, auto sales in the country will continue their upward trajectory and likely to hit new highs in coming months.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indian-automakers-on-a-roll;-August-sales-zoom.htmlWed, 01 Sep 2010 06:05:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010608350937500.jpgMicrosoft has announced the appointment of Amit Chatterjee as the new Managing Director of its Microsoft India Development Centre in the place of Srini Koppolu.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Srini-Koppolu-quits;-Microsoft-India-gets-new-MD.htmlWed, 01 Sep 2010 03:47:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/Suzlon Energy Limited inaugurated its new R&D and technology centre on the banks of the River Warnow in Rostock. Germany. The new facility, which is spread over 3,800 sq m, boasts state of the art infrastructure. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-Energy-opens-RandD-centre-in-Germany.htmlWed, 01 Sep 2010 03:42:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti Airtel has announced the launch of its data services, including IPL, Managed MPLS and Ethernet, for customers in Thailand and Malaysia.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-Airtel-launches-Global-Data-Services-in-Thailand-and-Malaysia.htmlWed, 01 Sep 2010 03:29:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/SBI Life, the life insurance arm of SBI, has announced the launch of two new Unit Linked Life Insurance Plans (ULIPs) Smart Performer and Unit Plus Super. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-Life-launches-2-new-IRDA-guidelines-compliant-ULIPs.htmlWed, 01 Sep 2010 03:25:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Deloitte has called for nominations for the Sixth India edition of the Technology Fast 50 (Tech Fast 50) 2010, which ranks 50 fastest-growing companies in the Technology and related sectors by comparing their three-year revenue growth. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Deloitte-invites-nominations-for-Tech-Fast-50.htmlWed, 01 Sep 2010 03:23:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sapient, a global services firm that helps clients transform in the areas of business, marketing and technology, on Wendnesday announced the expansion of its existing centre in Bangalore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sapient-expands-its-operations-in-Bangalore.htmlWed, 01 Sep 2010 03:06:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/Riding on the success of its small car Figo, Ford India on Wednesday reported a three-fold jump in August sales at 7,925 units.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Figo-effect-Ford-India-sales-jump-three-fold-in-August.htmlWed, 01 Sep 2010 02:41:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bouyed by success of its all-new compact car Micra, Nissan Motor India Private Ltd (NMIPL) sold 1249 units during August 2010 as against 22 units in August 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Micra-drives-Nissan-India-sales-in-August.htmlWed, 01 Sep 2010 01:24:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009010128172343750.jpgPrime Minister Dr Manmohan Singh on Wednesday laid foundation stone for the much-awaited Rs 6,000-crore NTPC-BHEL power pland equipment manufacturing plant at Mannavaram in Chittoor district. The project will generate 6000 direct jobs and 25,000 indirect employment opportunities.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PM-lays-foundation-stone-for-NTPC-BHEL-plant-at-Mannavaram.htmlWed, 01 Sep 2010 12:48:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009011254154062500.jpgCar market leader Maruti Suzuki Ltd has clocked 23 per cent growth in sales to 1,04,791 units for August 2010 as against 84,808 units sold in August 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-Suzukis-car-sales-up-23-pc-in-August.htmlWed, 01 Sep 2010 11:03:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201009011105525468750.jpgPublic sector power production company, National Thermal Power Corporation (NTPC) has announced the appointment of Arup Roy Choudhury as the new Chairman and Managing Director of the company with effect from September 1, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTPC-gets-new-CMD.htmlWed, 01 Sep 2010 10:07:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sun Pharma has received the US Food and Drugs Administration (USFDA) approval for its Abbreviated New Drug Application (ANDA), a generic version of Strattera atomoxetine hydrochloride capsule.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sun-Pharma-gets-USFDA-nod-for-hyperactivity-drug.htmlWed, 01 Sep 2010 10:00:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/Europe-based Oil & Gas supply chain service provider, ASCO has signed a 50:50 JV with the start-up firm Oil Field Warehouse & Services (OWS), which provides specialized Oil & Gas services in India. The Indian JV aims to provide qualified and professional services to the operators and contractors. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indo-European-joint-venture-for-logistics-services-in-Oil-and-Gas-sector.htmlTue, 31 Aug 2010 07:46:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/CA Technologies has announced the acquisition of privately-held Arcot Systems, Inc., a leader in providing advanced authentication and fraud prevention solutions, in an all-cash transaction valued at $200 million. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CA-Technologies-to-acquire-Arcot-Systems.htmlTue, 31 Aug 2010 07:37:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Major telecom companies in India including Bharti Airtel, Vodafone, Reliance Communication and Tata Teleservices, among others will receive 3G spectrum from the Government on Wednesday, paving the way for them to roll out 3G services to their customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Government-to-allocate-3G-spectrum-to-telecom-players-on-Wednesday.htmlTue, 31 Aug 2010 07:27:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008310732298125000.jpgReliance Industries made a fourth gas discovery in KG-DWN- 2003/1 block, also known as D3, which is closes to its prolific D6 area in the Krishna-Godavari Basin in the Bay of Bengal. However, the company did not reveal the estimate of gas reserves that the discovery might hold.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIL-discovers-fourth-gas-reserve-in-KG-Basin’s-D3-block.htmlTue, 31 Aug 2010 07:14:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008310719375468750.jpgOriental Bank of Commerce (OBC) on Tuesday announced that it would raise Rs 800 crore through private placement during thet current financial year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Oriental-Bank-to-raise-Rs-800-cr-capital-this-fiscal.htmlTue, 31 Aug 2010 06:36:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/CoreLogic Global Services Private Limited, a subsidiary of US-based CoreLogic , a leading provider of information, analytics and business services, pegged India’s retail real estate finance market at about Rs.50-60,000 crores and said it was growing at 15-18 percent a year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Real-estate-finance-segment-growing-at-15-18-pc-a-year’.htmlTue, 31 Aug 2010 04:30:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/Aptech Computer Education, the flagship brand of Aptech Ltd., on Tuesday entered into an alliance with Middlesex University to provide advance entry to students doing ACCP course in the final year of B.Sc. (Honors) at their London, Dubai or Mauritius Campus of Middlesex University. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aptech-enters-into-alliance-with-UKs-Middlesex-University.htmlTue, 31 Aug 2010 04:16:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/ONGC, Cairn India's partner in Mangala oil fields in Rajasthan, has told Cairn that it cannot go ahead with the Vedanta deal without its consent.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ONGC-approval-must-for-Cairn-Vedanta-deal--claims-PSU.htmlTue, 31 Aug 2010 03:58:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/NSL Textiles, part of the Nuziveedu Seeds Limited (NSL) Group,which will inaugurate its Rs 300-crore textile processing plant at Chandolu in Guntur district on September 6, also plans to foray into branded apparel segment.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NSL-Textiles-to-foray-into-branded-apparel-segment.htmlTue, 31 Aug 2010 03:29:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008310343101406250.jpgIT services provider Tata Consultancy Services has announced that its solution for core workflow automation for the country's Central Vigilance Commission has gone live. The solution would enable CVC speed up processing of cases.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TCS-helps-Vigilance-Commission-speed-up-case-processing.htmlTue, 31 Aug 2010 02:08:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/The country's first multi-level underground, robotic car parking facility, that can accomodate upto 1,100 cars has come up in Mumbai city. Set up by Ackruti City Limited (ACL), the car parking system has been set up at two of their commercial building projects, at Andheri (E) in Mumbai.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India’s-first-robotic--multi-level-underground-car-park-comes-up-at-Mumbai.htmlTue, 31 Aug 2010 02:03:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Usher Agro Ltd, one of the leading rice millers in India, has reported a 58 per cent increase in net profit at Rs 23.53 crore for the year ended June 2010 as against Rs 14.85 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Usher-Agro-net-profit-up-58-pc-in-2009-10.htmlTue, 31 Aug 2010 02:02:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/DeskStream, a leading provider of high-performance dynamic virtual desktop (DVD) platform, on Tuesday, announced the launch of its product that enables enterprises and service providers to deliver a compelling client-hosted desktop virtualization solution at a very low cost.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=DeskStream-unveils-dynamic-virtual-desktop-platform.htmlTue, 31 Aug 2010 12:56:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008310451227500000.jpgCalifornia Pizza Kitchen Inc (CPK), home to the Original BBQ Chicken Pizza, has announced its entry into India with the first restaurat in Mumbai.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Original-BBQ-Chicken-Pizza-comes-to-India.htmlTue, 31 Aug 2010 10:59:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/Thomson Reuters, leading source of intelligent information for businesses and professionals, has announced the launch of Elektron, its next generation real-time network and hosting environment, in India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Thomson-Reuters-unveils-real-time-hosting-network--Elektron-in-India.htmlTue, 31 Aug 2010 09:38:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/A diesel version of the world's cheapest car, the Tata Nano is expected to hit the Indian roads in late 2011 or early 2012 according to company officials. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Nano-diesel-to-hit-Indian-roads-in-2011-12.htmlMon, 30 Aug 2010 10:20:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/BPO firm Aditya Birla Minacs, a global business solutions company and a subsidiary of Aditya Birla Nuvo Ltd has been featured in the 2010 Global Services 100 (GS100) study for the second year in a row.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aditya-Birla-Minacs-amongst-Global-Top-100-BPOs.htmlMon, 30 Aug 2010 07:56:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/New Zealand Government drug funder, Pharmac will fully fund a brand of Quetiapine drug made by Indian firm Dr Reddy's Laboratories, said top Pharmac officials. From October 1, the new brand of Quetiapine made by the Indian pharma giant Dr Reddy's Laboratories would be given subsidy. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pharmac-to-fully-fund-Dr-Reddys--bipolar-disorder-drug.htmlMon, 30 Aug 2010 07:44:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300748467656250.jpgIf it is the bargaining power of a country with a billion-plus population, any corporate will have to give in. RIM which has over a million users of its Blackberry phone in India, gave in to the demands of the Indian Government and agreed to set up its servers in India, like it has done in China.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIM-blinks-first;-Blackberry-server-to-be-set-up-in-India.htmlMon, 30 Aug 2010 07:40:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300743450937500.jpgThe Central Government tabled Direct Taxes Code bill (DTC), which envisages to increase the income tax exemption limit from the current Rs 1.6 lakh to Rs 2 lakh, in Lok Sabha on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Direct-Taxes-Code-bill-introduced-in-Lok-Sabha.htmlMon, 30 Aug 2010 06:51:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/Anand Parthasarathy, Editor, Technology portal, IndiaTechOnline.com and columnist for Andhrabusiness.com has been nominated as one of the seven judges on the panel for the fourth annual.INFO Awards, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Anand-Parthasarathy-nominated-as-judge-for-.INFO-awards-2010.htmlMon, 30 Aug 2010 06:26:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300631069687500.jpgMukesh Ambani-controlled Reliance Industries Limited on Monday announced that it acquired 14.12 per cent stake in EIH Limited, that runs the Oberoi brand of hotels and resorts, for Rs 1,021 cr.RIL purchased the stake through its subsidiary RIIHPL from Oberoi Hotels Private Limited and others.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIL-picks-up-14-pc-stake-in-EIH-for-Rs-1-021-cr.htmlMon, 30 Aug 2010 05:43:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300550121562500.jpgThe Supreme Court on Monday asked former Satyam managing director B Rama Raju and four others accused in the multi-crore Satyam accounting fraud case, as to why their bails should not be cancelled.The SC issued notices to the five accused on a petition filed by CBI. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SC-issues-notices-to-Rama-Raju--4-other-Satyam-accused.htmlMon, 30 Aug 2010 05:15:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300604106250000.jpgReliance Communications is gearing up for opportunities in 3G space once the services become operational in India from next month. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RCOM-readies-for-3G-service--forms-3G-Business-Team-and-Innovation-Lab.htmlMon, 30 Aug 2010 04:25:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Pullela Gopichand Nimmagadda Foundation Badminton Academy is organising a badminton tournament exclusively for corporates ‘Let’s Shuttle’ from September 17 to 19, 2010 at Pullela Gopichand Academy here. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gopichand-Academy-to-organise-‘Let’s-Shuttle’-tournament.htmlMon, 30 Aug 2010 04:23:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s newest stock exchange for currency derivatives, United Stock Exchange of India (USE), which was to be inaugurated today (August 31, 2010) has postponed the launch plan http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=United-Stock-Exchanges-launch-plan-postponed.htmlMon, 30 Aug 2010 04:15:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/Macquarie Capital on Monday appointed Sanjay Agarwal as Head of Equity Capital Markets (ECM) in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Macquarie-gets-new-head-for-equity-capital-markets.htmlMon, 30 Aug 2010 04:13:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Four Soft Ltd, a global leader offering software solutions for logistics and transportation industry, on Monday announced it signed a contact with HJM International Inc, a customs broker, freight forwarder and NVOCC company in the US.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Four-Soft-gets-contract-from-HJM-International.htmlMon, 30 Aug 2010 03:45:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300350275156250.jpgPublic Sector power production firm, National Thermal Power Corporation (NTPC) is looking at picking up stake in two coal mines in Indonesia, said the company Chairman RS Sharma on Monday. The company was studying the proposals for two mines each in East Kalimantan and in Sumatra, Mr Sharma said.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTPC-to-pick-up-stake-in-Indonesian-coal-mines.htmlMon, 30 Aug 2010 03:02:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008300306022968750.jpgAzimuth Systems Inc, a leading provider of wireless channel emulators and broadband wireless test equipment, announced that the company's ACE(tm) MX MIMO channel emulator was selected by MindTree Ltd for testing of its next in wireless (NIW) group, a part of its Product Engineering Business Unit. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MindTree-selects-Azimuth-Systems-for-LTE-and-WiMAX-Test.htmlMon, 30 Aug 2010 02:50:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mid-size IT firms in India accord more importance to on-time project deployment that returns on their investment according to a survey conducted by Frost & Sullivan, titled ‘Business Applications Optimisation in India 2010’.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IT-firms-more-keen-on-on-time-project-delivery-than-RoI-Survey.htmlMon, 30 Aug 2010 10:23:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Kishore Biyani-led Pantaloon Retail India Ltd has seen a six-fold increase in consolidated net profit to Rs 67.49 crore for the financial year ended June 2010 as against Rs 10.70 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pantaloon-Retail-sees-six-fold-growth-in-profit-in-2009-10.htmlMon, 30 Aug 2010 10:21:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vijay Mallya-led Kingfisher Airlines is planning to raise funds through GDR or other such financial instruments, to fund its expansion plans.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Kingfisher-Airlines-to-raise-funds-for-expansion.htmlMon, 30 Aug 2010 09:32:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Prime Minister Dr Manmohan Singh is expected to arrive at Tirupathi on September 1, to lay the foundation stone for the NTPC-BHEL power plant equipment manufacturing project in the pilgrim city and also for the foundation stone laying ceremony of the Tirupathi International Airport.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PM-to-lay-foundation-stone-for-NTPC-BHEL-power-project-in-Tirupathi.htmlSun, 29 Aug 2010 05:38:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008290540455781250.jpgCholamandalam Investments and Finance Company has entered into an MoU with VE Commercial Vehicles Ltd, a 50:50 joint venture between Eicher Motors and Volvo Group for the financing of Eicher trucks and Volvo buses, across India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cholamandalam-to-finance-Eicher-trucks-and-Volvo-buses.htmlSat, 28 Aug 2010 05:18:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/IT company Tech Mahindra on Saturday announced the appointment of Vineet Nayyar as its new Chief Executive Officer (CEO) in the aftermath of resignation of the current CEO Sanjay Kalra. Mr Nayyar is currently Vice Chairman and Managing Director of the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vineet-Nayyar-appointed-Tech-Mahindras-new-CEO.htmlSat, 28 Aug 2010 04:58:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/Gayatri Projects has achieved financial closure for the 1,320 MW thermal power plant to be set up by its subsidiary Thermal Powertech Corporation India Ltd in Nellore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gayatri-projects-achieves-financial-closure-for-1-320-MW-thermal-plant.htmlSat, 28 Aug 2010 03:16:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/IndusInd Bank Ltd has signed a memorandum of understanding (MOU) with Tata Motors to extend car finance to their prospective customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IndusInd-Bank-to-offer-car-finance-for-Tata-Motors.htmlSat, 28 Aug 2010 02:23:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/In a major move, the Enforcement Directorate (ED) on Friday attached 4,000 acres of land belonging to disgraced Satyam founder B Ramalinga Raju and his family members after charging that the property located in Ranga Reddy district was acquired by using the proceeds of the Satyam fraud.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ED-takes-possession-of-Raju’s-4-000-acre-land.htmlSat, 28 Aug 2010 01:59:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008280214182031250.jpgNucleus Software Exports Limited, a global integrated software services provider, laid the foundation stone for its campus in Jaipur on Saturday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nucleus-Software-to-open-new-campus-in-Jaipur.htmlSat, 28 Aug 2010 01:38:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/D’decor, the world’s third largest largest manufacturers of upholstery and curtain fabrics, has announced the re-launch of their brand which would boast of Bollywood Superstar Shah Rukh and his wife Gauri Khan as brand ambassadors.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SRK-and-Gauri-Khan-are-Brand-ambassadors-for-D’decor.htmlFri, 27 Aug 2010 07:55:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/Car major Maruti Suzuki will commemorate the first year anniversary of its popular Ritz model with the launch of a special limited edition ‘Ritz Genus’ on Saturday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-anniversary-special-Ritz-Genus-to-be-launched-by-Maruti.htmlFri, 27 Aug 2010 07:53:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270755186718750.jpgApollo Hopitals has emerged as the hospital to have performed the highest number of solid organ transplants in India in 2010 with 534 transplants so far. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-performs-most-organ-transplants-in-India-in-2010.htmlFri, 27 Aug 2010 07:49:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Local Rotarians from over 100 Rotary clubs in twin cities, Telangana districits, Guntur and Prakasam districts pledged a generous contribution of $500,000 to Rotary Foundation towards Polio plus programme.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Local-Rotarians-to-donate-$500-000-to-Rotary-Foundation.htmlFri, 27 Aug 2010 07:47:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/IDBI Bank was awarded as Best Public Sector Bank in SME Financing from global business information provider Dun and Bradstreet (D&B).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IDBI-Bank-bags-award-from-Dun-and-Bradstreet.htmlFri, 27 Aug 2010 06:27:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Location continues to be the key factor for luxury housing in India. This creates considerable and focused demand for luxury housing in certain areas, leading to scarcity of available supply in geographically limited cities like Mumbai.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Location-is-crucial-for-luxury-housing-projects.htmlFri, 27 Aug 2010 06:10:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Software Giant Microsoft Corporation on Friday launched its new product Xbox 360 console in India. The 250 GB Xbox console is powered with in built Wi-Fi, large disk space to store more games and connectivity to the Xbox live with new black gloss finishhttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Microsoft-launches-new-Xbox-360--console-in-India.htmlFri, 27 Aug 2010 05:37:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/It is a sad day, when an Indian professional who chose to question whether a key instrument and an enabler of elections in the world’s largest democracy , might not be fool proof -- is then arrested and clapped in prison on a charge of having stolen that very instrument for his study.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sense-and-nonsense-about-India’s-electronic-voting-machines.htmlFri, 27 Aug 2010 05:32:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270547539843750.jpgThe Indian information and communication technology (ICT) industry and Indian software professionals have earned global kudos for exceptional technical prowess, meticulous software development skills and quality processes for over two decades.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bangalore-phobia-will-only-hurt-Western-economies.htmlFri, 27 Aug 2010 04:47:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270502529375000.jpgNotion Ink’s Adam is a Hyderabadi, rather Indian, answer to the much-touted iPad of Apple, thus turning out to be the Adam’s apple of communication. Rohan Shravan, founder and CEO of Notion Ink says his dream device isn’t just tablet, but many gadgets rolled into one.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Adam-to-grow-in-Apple’s-backyard-by-year-end.htmlFri, 27 Aug 2010 04:23:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270436094375000.jpgThe BSE Sensex shed 227 points or 1.25 per cent to close down at 17,998 point on Friday, on account of profit booking by investors. The 30-share index opened at 18,205 and saw a steady growth to 18,284 and started tumbling reaching the day's low of 17,944 points, before closing at current levels.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-closes-below-18-000-mark-on-profit-booking.htmlFri, 27 Aug 2010 04:05:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270408093593750.jpgWith the August 31 deadline for sharing Blackberry access code inching closer, the Indian Government reaffirmed its stand of banning the Blackberry in India, if the maker Research in Motion (RIM) did not address the security concerns raised. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Give-access-to-Blackberry-or-face-ban--Govt-tells-RIM.htmlFri, 27 Aug 2010 03:20:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008270323598437500.jpgDish TV India Limited, a direct-to-home (DTH) company of Zee Group, now has eight million subscribers. The company has added one million subscribers in less than six months of the current fiscal, 57 percent more than in the same period in the last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dish-TV-now-has-eight-million-subscribers.htmlFri, 27 Aug 2010 03:11:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nalco Limited, a water treatment and improvement company, opened its new corporate office and research and technical support centre in Pune on Friday. The facility will serve as headquarters for sales, marketing and supply chain operations for NLC Nalco India Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nalco-opens-new-corporate-office-in-India.htmlFri, 27 Aug 2010 01:32:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/Personal income tax exemption limit has been raised from Rs 1.6 lakh to Rs 2 lakh under the new Direct Tax Code (DTC) that is expected to be introduced in the Parliament on Monday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IT-exemption-limit-raised-to-Rs-2-lakh-in-new-DTC.htmlFri, 27 Aug 2010 01:29:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Anil Dhirubhai Ambani Group company Reliance Capital Limited (RCL) on Friday appointed Madhusudan Kela, who is at present Reliance Mutual Fund’s Head of Equities, as Chief Investment Strategist with effect from September 21, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RCapital-appoints-Kela-as-Chief-Investment-Strategist.htmlFri, 27 Aug 2010 12:46:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Aircel, the fast growing Pan India telecom operator in the country, on Friday launched its GSM mobile services in Gujarat. With a subscriber base of over 43 million, Aircel, the fifth largest service provider, extended its services all across Gujarat and rolled out its 22nd circle with Gujarat.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aircel-launches-GSM-mobile-services-in-Gujarat.htmlFri, 27 Aug 2010 12:10:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Technologies, a global IT services provider, on Thursday announced that the company was named as leader in the August 2010 report of the Forrester Wave: North American Applications Outsourcing in third quarter of 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Tech-emerges-as-leader-among-outsourcing-vendors.htmlThu, 26 Aug 2010 07:26:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Writers Block (TWB), a technical communication and publishing services provider has launched its TWB Centre of Excellence in Technical CommunicationT (TWB COE)in Bangalore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TWB-opens-technical-communication-centre-in-Bangalore.htmlThu, 26 Aug 2010 07:01:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Apeejay Infralogistics Private Limited (AILPL), a 50:50 joint venture of Apeejay Surrendra Group and UK-based Eredene Capital PLC on Thursday announced the opening of two new integrated logistics parks in Haldia, West Bengal and Kalinganagar, Jajpur, Orissa.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apeejay-Infralogistics-to-open-two-new-logistics-parks.htmlThu, 26 Aug 2010 06:58:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/ING Life on Thursday announced the launch of its new children life policy - ING Aashirvad, which helps in planning for the children’s career and also provides protection after children’s career.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ING-Life-launches-new-children’s-policy-ING-Aashirvad.htmlThu, 26 Aug 2010 06:52:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Larsen & Toubro (L&T) is bullish about the kind of opportunities that private sector participation in nuclear sector offers to the company, said the Chairman AM Naik.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-bullish-about-opportunities-in-nuclear-sectors.htmlThu, 26 Aug 2010 06:32:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Godrej Properties is the fastest growing member of the Godrej Group and will emerge as largest contributor to the overall revenue of our group in a few years down the line, said Adi Godrej, Chairman, Godrej Group. Godrej Properties would raise Rs 500 cr to Rs 1,000 cr through QIP in two years.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Properties’-will-drive-Godrej-growth-Adi.htmlThu, 26 Aug 2010 06:23:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008260633496250000.jpgNasscom on Thursday announced Medsynaptic Pvt Ltd as one of the top 10 Information Technology startups for 2010 at the Delhi edition of the NASSCOM Emergout Conclave 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NASSCOM-places-Medsynaptic-among-top-10-IT-startups.htmlThu, 26 Aug 2010 05:58:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Everything is fine with Satyam now said the disgraced former Satyam Computers Chairman, Ramalinga Raju, speaking to the media in Hyderabad on Thursday. Mr Raju, who is currently on bail in the multi-crore Satyam scam, made an appearance at a Sessions court and spoke briefly to the media.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Alls-well-with-Mahindra-Satyam--says-Raju.htmlThu, 26 Aug 2010 05:37:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008260541200781250.jpgMicrosoft has announced on Thursday its plans to work directly with select partners and distributors in Vizag and other upcountry locations across the country, to address the requirements of the SMBs in the towns better.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Microsoft-to-work-with-SMBs-in-Vizag.htmlThu, 26 Aug 2010 03:44:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Almost half of Indian companies experienced at least one internal security breach during the past one year in their organisations, according to a survey titled '2010 Global Security Survey-India Report' conducted by Deloitte Touche Tohmatsu India Private Limited. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indian-companies-more-worried-about-internal-security-breach.htmlThu, 26 Aug 2010 03:41:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Docomo has anounced a weekly subscription plan for its MySong Song service, which helps customers download unlimited songs. The service available for both prepaid and postpaid subscribers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Docomo-announces-new-MySong-Weekly-Plan.htmlThu, 26 Aug 2010 02:25:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading IT trainer NIIT has joined hands with Tally Solutions Ltd to train professionals in Tally.ERP 9 product. The alliance covers India and international markets like the Middle East, Africa, China and Asia Pacific and will meet the needs of Small and Medium Business Enterprises. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NIIT-to-train-professionals-in-Tally.ERP-9-for-SMBs.htmlThu, 26 Aug 2010 02:23:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/French carmaker Renault t is developing an India-specific small car which will hit Indian market after 2013, according to Renault India Chief Executive Officer Sudhir Rao.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Renault-to-develop-India-specific-small-car.htmlThu, 26 Aug 2010 01:20:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Food price index surged to 10.05 per cent for the week ended August 14, 2010 on a yearly basis as against 10.35 per cent for the previous week ended August 7, 2010. The Food Articles index fell due to lower prices of fish, moong dal, poultry chicken and gram among others.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Food-price-inflation-eases-to-10.05-pc.htmlThu, 26 Aug 2010 01:19:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008260125498593750.jpgIndia’s largest carmaker Maruti Suzuki, which is under pressure to retain its market share that slipped below the psychologically significant mark of 50 per cent for the first time in its history last month, is said to be planning a third plant at Manesar, according to agency reports.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-Suzuki-plans-third-plant-at-Manesar.htmlThu, 26 Aug 2010 12:44:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008261252085468750.jpgGmail users in India can now make domestic and international phone calls from Gmail for rates as low as Rs 2.75 said the search engine and online advertising giant Google on Wednesday. The new facility allows users to make calls to people directly on their phones through Gmail.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Make-ISD-calls-from-Gmail-for-as-low-as-Rs-2.75.htmlThu, 26 Aug 2010 10:14:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008261020553593750.jpgFor the son of a small-time businessman in Bihar, it is indeed a long and chequered journey. Anil Agarwal, Founder-Chairman of Vedanta Resources Corp who counts former Bihar Chief Minister Lalu Prasad among his classmates, has been hitting news headlines almost everyday in the past few weeks.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=The-Anil-who-is-set-to-surpass-Mukesh-Ambani.htmlWed, 25 Aug 2010 07:05:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008250718201093750.jpgPolice department will use private sector expertise in dealing with cyber threats, said Hyderabad City Police Commissioner A K Khanhttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Police-to-use-private-sector-expertise-to-stem-cyber-threats.htmlWed, 25 Aug 2010 07:04:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nokia, leading mobile handset manufacturer, inaugurated its first care experience centre in the city on Wednesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nokia-opens-its-first-care-experience-centre-in-city.htmlWed, 25 Aug 2010 06:26:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Expanza Access Ltd, an Small & Medium Enterprises (SMEs) specific consultancy, which monitors the economic scenario and offers holistic solutions to SMEs on Wednesday launched www.smeexpert.in , an interactive website that will help SMEs across India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Expanza-Access-launches-SME-helpline-service.htmlWed, 25 Aug 2010 06:15:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/MFG.com, a global sourcing marketplace for manufacturers seeking custom parts, standard components and assemblies, announced an innovative entry level product for the Indian market.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MFG.com-releases-new-products-for-small-manufacturers.htmlWed, 25 Aug 2010 05:46:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Social networking site Orkut, which has taken a beat in India recently with the popularity of Facebook, has now introduced a new feature where users can choose who among their friends could see their latest photos, status messages or other updates.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Share-photos-and-videos-with-select-friends-in-Orkut-now.htmlWed, 25 Aug 2010 05:36:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading provider of software infrastructure, Novell has announced the general availability of its Novell Cloud Security Service that would give cloud providers the ability to deliver secure access and compliance in the cloud for their customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Novell-Cloud-Security-Service-to-ensure-secure-access-over-cloud.htmlWed, 25 Aug 2010 05:33:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Navistar Automotives Ltd (MNAL), which opened its authorised dealership for medium and heavy commercial vehicles (MHCV) in the city on Wednesday, plans 100 similar dealerships across the country over the next two years.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Navistar-plans-100-dealerships-in-2-years.htmlWed, 25 Aug 2010 05:12:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008250517462812500.jpgNetxcell Limited, a telecom application provider, on Wednesday unveiled its new logo and tagline as part of its rebranding exercise.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Netxcell-unveils-its-new-logo--tagline.htmlWed, 25 Aug 2010 04:30:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s leading IT trainer NIIT launched its industry-endorsed program‘GNIIT for Engineers’ in Hyderabad on Wednesday. The program aims at enhancing employability of engineering graduates by bridging the skill gap.The curriculum of new program was designed with inputs from the IT industry.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NIIT-launches-‘GNIIT-for-Engineers’-in-city.htmlWed, 25 Aug 2010 03:15:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008250321147968750.jpgSureWaves Spot TV partners with Asianet Cable Vision to launch spot TV offering for cable channel advertising. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SureWaves-partners-with-Asianet-Cable.htmlWed, 25 Aug 2010 02:34:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Info Edge, one of the largest internet companies in India, on Wednesday announced it would invest Rs 4.7 crores in Foodiebay, an online food guide and restaurant directory in the country.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Info-Edge-to-invest-Rs-4.7-cr-in-Foodiebay.com.htmlWed, 25 Aug 2010 02:19:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Atlanta Ltd on Wednesday announced that a consortium led by it received order amounting to Rs. 54.72 crore for the work pertaining to the widening and strengthening of the existing intermediate lane to two lane carriage away between 159.9 km to 184.260 km of National Highway 224.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Atlanta-led-consortium-bags-Rs-54.72-cr-contract.htmlWed, 25 Aug 2010 01:35:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/IT services company Patni Computer Systems on Wednesday announced that it secured a multi-million rupees contract from Codan Group to provide managed services on the Group’s insurance platforms.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Patni-bags-outsourcing-contract-from-Codan-Group.htmlWed, 25 Aug 2010 01:19:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian women and men decked themselves up in 272 tonnes of Gold in the first half of this calender year ended June 2010 as against 163 tonnes last year. This busts the myth that gold purchase has increased only in value and not in volume terms, due to the skyrocketing gold prices.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gold-jewellery-purchase-up-67-pc-in-H1-2010-in-India.htmlWed, 25 Aug 2010 12:41:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008251245577656250.jpgKovair Software, a pioneer in global application lifecycle management, on Wednesday announced that Edmonton-based Profiled IT People would use Kovair's cloud-based IT service management solution as a core platform for offering the company's IT services to its clients based in Western Canada.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Profiled-IT-People-to-use-Kovairs-management-platform.htmlWed, 25 Aug 2010 12:40:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Dell India has been signed as the diamond sponsor for the first ever Indian Business Leaders Summit and Golf tournament. The event, in which up to 150 Indian business leaders are expected to partiticipate, will be held from on November 11-12, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dell-India-is-Diamond-Sponsor-for-the-Indian-Business-Leaders-Summit.htmlWed, 25 Aug 2010 11:48:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chennai-based education and placement services company, EdServ has announced the signing of a Global e-Training partnership with COREL Corporation. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=EdServ-is-authorised-online-trainer-for-Corel-worldwide.htmlWed, 25 Aug 2010 10:38:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Cairn Energy Plc, which recently started commercial supply of oil from its Mangala well in Rajasthan, clocked a net profit of $27.7 million for the six month period ended June 2010 as against a net loss of $76 million in the corressponding period last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cairn-Energy-clocks-profits-in-H1-as-commercial-supplies-begin-in-India.htmlTue, 24 Aug 2010 07:45:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/The 'King' is checkmated, but for wrong reasons. Then the opponent retracted. But the 'King' stuck to his position, if not guns. Once again, for no fault of its, 'brand Hyderabad' has taken a severe beating, feels AndhraBusiness Bureau..http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Grand-Master-dishonoured--doctorate-delayed--declined.htmlTue, 24 Aug 2010 06:14:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008240625544062500.jpgApollo Hospitals, Hyderabad has recently carried out a first-of-its-kind, non-surgical facial symmetrization procedure in the world, to treat an American national Ms. Melinda Carey, whose face has been asymmetrical since birth.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-non-invasive-surgery-can-now-correct-facial-asymmetry.htmlTue, 24 Aug 2010 06:03:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Muthoot Finance Limited (MFIN) has announced that it has raised Rs 43 crores in the second round of institutional funding from Kotak India Private Equity Fund for a minority stake in the company. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Muthoot-Finance-receives-Rs-43-cr-funding-from-Kotak-India.htmlTue, 24 Aug 2010 06:00:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Is India going the way of Pakistan as a failed state?People wake up every day to reports of death and destruction, murder, loot and rape. Death due to natural calamities as in Leh due to floods and landslides, and mass murders by Maoists of security personnel and innocent civilians.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chalta-hai-is-no-policy.htmlTue, 24 Aug 2010 04:49:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008240503217500000.jpgStandard Chartered on Tuesday launched its preferred banking services. With this launch, the bank becomes first bank in India to introduce such serviceshttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Standard-Chartered-launches-preferred-banking-services.htmlTue, 24 Aug 2010 04:49:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/The mobile users in India are not the only ones looking forward to the introduction of 3G by the Indian service providers. A host of entrepreneurs are toying with ideas to launch hundreds of value added services as well as value offerings (read inexpensive calling).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=3G-roll-out-may-fuel-grand-revival-of-net-telephony.htmlTue, 24 Aug 2010 04:36:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008240443061718750.jpgRamalinga Raju, the deposed Chairman of Satyam Computer Services Ltd, surprised one and all by appearing before the special court dealing with the Satyam scam case here on Tuesday.Clad in a light coloured shirt and blue trousers, Raju, accompanied by his doctor, went to the court in a Toyota Innova.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramalinga-Raju-appears-in-court--surprises-all.htmlTue, 24 Aug 2010 04:09:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008240416450312500.jpgMahindra Satyam, the rebranded entity of Satyam Computer Services Limited, on Tuesday announced appointment of Gaurav Gupta as Associate Vice President, Strategic Partnerships for Aerospace and Defence sector in Europe.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-appoints-new-Associate-VP-for-Europe.htmlTue, 24 Aug 2010 03:42:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/IDBI Fortis Life Insurance Co Ltd, in association with Federal Bank, on Tuesday announced that it changed its name to IDBI Federal Life Insurance Co Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IDBI-Fortis-Life--now-IDBI-Federal-Life-Insurance.htmlTue, 24 Aug 2010 03:13:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/Subex Ltd, a provider of operations and business support systems, was chosen by Worldstream Systems and Services to implement its ROC fraud management and revenue assurance solution for Econet Group.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Subex-wins-contract-from-Africa’s-Econet-Group.htmlTue, 24 Aug 2010 02:02:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/With the number of internet protocol (IP) addresses close to their exhaustion date of January 2012, India asked all internet service providers (ISP) in the country to route their web traffic via the new protocol from December 2011. The new IPv6 protocol will incorporate more IP addresses.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-gearing-up-for-new-internet-protocol-regime.htmlTue, 24 Aug 2010 01:40:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008240152097500000.jpgCity-based DQ Entertainment, a leading animation, gaming and distribution company, on Tuesday announced that it entered into a merchandising agreement with Off Road, an European footwear manufacturer, to produce a collection based on the animation from DQE`s series, `The Jungle Book`http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=DQ-Entertainment-inks-European-footwear-licensing-pact.htmlTue, 24 Aug 2010 12:35:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008241249495312500.jpgThe open offer announced by Daiichi Sankyo for the acquisition of shares of Zenotech Laboratories Ltd, through an open offer has been extended by seven days due to the litigation pending in the Andhra Pradesh High Court between Zenotech and Ranbaxy Laboratories.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Zenotech-open-offer-extended-due-to-litigation.htmlMon, 23 Aug 2010 07:57:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/The salt-to-software global conglomerate, Tata Group will enter the food business through group company Tata Global Beverages (formerly Tata Tea), said the Group Chairman, Ratan Tata on Monday. The company would focus more into beverages and eventually foray into food, Mr Tata said. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Group-to-enter-Food-business-Ratan-Tata.htmlMon, 23 Aug 2010 07:53:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008230756592968750.jpgLakshmi Vilas Bank (LVB), which plans to transform itself as national player in banking arena, inducted a new management team consisting of senior executives from leading foreign and Indian private sector banks.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lakshmi-Vilas-Bank-gets-new-management-team.htmlMon, 23 Aug 2010 07:19:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/While stating that the cashless health insurance cards row would not impact the Indian healthcare business in anyway, Shivinder Singh, Managing Director, Fortis Healthcare said on Monday that current insurance products available India were in need of retuning to suit the changed market scenario.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Insurances-products-need-to-be-realigned-Fortis.htmlMon, 23 Aug 2010 07:01:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/AGC Networks Ltd., a leading Intelligent Communication solutions provider, has been conferred the award for "Continuous Innovation In HR Strategy At Work", at Asia's Best Employer Brand Awards Forum 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AGC-Networks-wins-Continuous-innovation-in-HR-strategy-award.htmlMon, 23 Aug 2010 06:03:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Barclays Bank Plc, has announced a new initiative, 'Banking on Change', a savings led microfinance programme which is being implemented in partnership with CARE International and Plan International. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Barclays-earmarks-Rs-5.46-cr-for-microfinance-initiative-in-India.htmlMon, 23 Aug 2010 06:01:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s first national campaign against ragging came to Hyderabad on Monday with the flagged off of the event et Nizam College, Basheerbagh. An initiative of Muthoot Pappachan Foundation, the campaign bus will visit colleges in Hyderabad for two days.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=National-Campaign-against-ragging-comes-to-town.htmlMon, 23 Aug 2010 05:49:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/For the first time, a Hyderabad-based start-up company, Absolute Software Technologies, engaged in mobile marketing technologies, research and development, has launched Free SMS website www.net2mobiles.com with an innovative concept, “Get Paid for Sending Free SMS”.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now--get-paid-for-sending-free-SMS.htmlMon, 23 Aug 2010 05:39:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sunshine Hospitals recently performed the first ever knee implant surgery with the 4th generation knee sigma CR-150 in Asia. The CEO of the hospital, Dr AV Gurava Reddy, who is among the 7 doctors from across the world to do research on the CR-150 product, speaks on his plans for the hospital.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=We-are-the-No-1-hospital-in-joint-replacement-treatment-in-South-India.htmlMon, 23 Aug 2010 05:31:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008230537580468750.jpgCairn India Ltd said its subsidiary Cairn Energy India Pty Ltd (CEIPL) discovered oil and gas the Nagayalanka-1z well, which is located in the onshore block KG-ONN-2003/1 of Krishna-Godavari basin.The block was awarded under NELP V bidding round.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cairn-India-discovers-oil--gas-in-Nagayalanka-well.htmlMon, 23 Aug 2010 04:46:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008230449221875000.jpgSBI Life Insurance topped global Million Dollar Round Table (MDRT) 2010 for the second consecutive year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-Life-tops-Million-Dollar-Round-Table-2010.htmlMon, 23 Aug 2010 03:57:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Indian Institutes of Management (IIMs) and Prometric on Monday announced that the Common Admission Test (CAT) 2010 would be held across 33 cities from October 27 through November 24, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prometric-announces-CAT-2010-dates.htmlMon, 23 Aug 2010 03:48:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Nacto Pharma on Monday denied speculative rumours about sale of promoters’ stake in the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Natco-denies-rumours-about-stake-sale.htmlMon, 23 Aug 2010 03:23:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/SBI Mutual Fund has successfully deployed IntellectTM GUB, a fully-integrated fund management solution from Polaris Software subsidiary Laser Soft Infosystems Ltd. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-Mutual-Fund-goes-live-with-Polaris-software.htmlMon, 23 Aug 2010 02:51:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Four Soft Limited won a new deal from Alba Wheels Up International, a leading freight forwarder, for implementation of Four Soft’s Order Management System 4S Visilog and two other softwares- 4S eTrans and 4S eCustoms- across Alba Wheels network in US and Hong Kong.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Four-Soft-bags-contract-from-Alba-Wheels-Up.htmlMon, 23 Aug 2010 02:06:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008230214291250000.jpgTyre-major Apollo Tyres Ltd has announced the resumption of operations at its manufacturing facility at Perambara, Kerala, from August 21, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-Tyres-resumes-operations-at-Kerala-plant.htmlMon, 23 Aug 2010 01:02:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/L&T has bagged two projects worth Rs 1,195 crore from ONGC to set up additional processing units (APU) at its Gas processing complexes at Hazira and Uran. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-bags-Rs-1-195-cr-order-from-ONGC.htmlMon, 23 Aug 2010 10:51:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra & Mahindra has announced the signing of MoU for the acquisition of majority stake in troubled South Korean SUV-maker, Ssangyong Motor Company. The quantum of stake acquired and the value of acquisition will be known after the detailed due diligience and finalisation of agreements.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-signs-MoU-for-acquisition-of-Ssangyong.htmlMon, 23 Aug 2010 10:20:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008231027457343750.jpgWith the whole of India gearing up to usher in festivals like Raksha Bandhan, Onam and Ramzan in the next two weeks, jewellers and buyers are keeping their fingers crossed to see if the yellow metal hits the landmark 19,000 per ten gram mark.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gold-inches-towards-19-000-mark-ahead-of-festive-season.htmlSat, 21 Aug 2010 06:00:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008210602439375000.jpgAll phone numbers within India, both landline and mobile, would have 10 digits from the year 2012 to meet the shortfall of available numbers in the country. The TRAI has recommended the creation of an integrated numbering scheme for mobile and landline phones whereby both would have 10 digits.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Landline-phones-too-will-have-10-digits-from-2012.htmlSat, 21 Aug 2010 05:12:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008210517533281250.jpg Aurobindo Pharma Ltd has received final approval from the US Food and Drugs Administration (USFDA) for two Abbreviated New Drug Application (ANDA); Ampicillin for injection USP 125 mg, 250 mg, 500 mg, 1g and 2g per vial and Ampicillin for injection USP 10g, (Pharmacy Bul pack) per vial. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aurobindo-gets-USFDA-nod-for-infection-drug.htmlSat, 21 Aug 2010 02:30:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra & Mahindra Ltd suffered 10 pc production losses last quarter due to auto parts shortage. With auto sales in India on the upward trajectory, M & M can not afford such losses as it has to meet increasing demand for its models. So, it plans to source auto parts from global suppliers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-to-source-auto-parts-from-global-suppliers.htmlSat, 21 Aug 2010 01:32:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008210146060625000.jpgChip leader Intel’s proposed acquisition of security technology player McAfee for just under 8 billion dollars, announced earlier this week, may be an early warning, an amber signal of an emerging technology trend.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Intel-chips--with-‘McAfee-inside’-The-end--game-could-be--on-your-mobile-phone!.htmlSat, 21 Aug 2010 12:17:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008211224359218750.jpgCity-based Bharathi Cements will complete capacity addition at its Kadapa facility by September this year. The company had planned to double capacity at its facility from 250 million tonnes at present to take it to 500 million tonnes, with an investment of Rs 700 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharathi-Cements-to-complete-capacity-addition-by-September.htmlFri, 20 Aug 2010 08:09:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008200812366250000.jpgExpressing concern over increasing gap between demand and supply of skilled manpower in various sectors in the country, J N Amrolia, Director of Ashok Leyland underscored the need for increased participation of private sector in higher and vocational education. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Govt.-should-leave-higher-education-to-private-sector’.htmlFri, 20 Aug 2010 07:59:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Government is mulling the possibility of bringing out a separate policy for Chemicals, after the recent announcement of a policy for the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) in Andhra Pradesh. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-Chemicals-policy-on-the-anvil.htmlFri, 20 Aug 2010 07:24:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008200729124843750.jpgMaruti Suzuki India Limited, India’s largest carmaker, on Friday said that production of its new generation K-series engine crossed five-lakh mark within less than two years of its launch. It powers Maruti's 7 models, including Alto-K10, Wagon R, Swift, Ritz, Estilo, Swift Dzire and A-Starhttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti’s-K-series-engine-production-crosses-5-lakh-mark.htmlFri, 20 Aug 2010 07:07:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008200715496562500.jpgCanvironment Week, Hindustan Tin Work’s first global metal can recycling movement to preserve the environment through decisive proactive initiatives, has now gone global with the launch of its website in London on Friday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HTW’s-Canvironment-Week-goes-global.htmlFri, 20 Aug 2010 04:26:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/Strand Life Sciences (Strand), a company into the practice of scientific intelligence in health sciences, will pursue translational cancer research in association with Narayana Hrudalaya.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Strands-and-Narayana-Hrudalaya-to-undertake-cancer-research.htmlFri, 20 Aug 2010 04:11:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/After signing an alliance with Bharti Airtel for offering its Ovi Tools service to Airtel users, Nokia has now signed a deal with Reliance Communication to offer Nokia Ovi Life Tools services targeted at the rural and semi-urban segments for Reliance customers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nokia-Ovi-Tools--now-for-RCOM-customers-too.htmlFri, 20 Aug 2010 04:09:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam, the new brand identity of Satyam Computer Services Ltd. on Friday celebrated its ‘Sports Championship Day’. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-celebrates-‘Sports-Championship-Day’.htmlFri, 20 Aug 2010 04:07:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/PlaySpan Inc, the global leader in digital goods, micro-transaction and global payment platforms, on Friday announced that it received S$18 million in Series C investment.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PlaySpan-receives-$18-Mn-new--funding.htmlFri, 20 Aug 2010 03:03:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/It takes quite an effort to render a song well. Moreso if one has to write the lyrics as well. And if the lyrics contain words from 300 languages then it is nothing short of a record attempt. A son of the soil, Sai Manapragada, has attempted this feat and has earned two Guinness Record entries.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Son-of-the-soil-succeeds-in-his-second-Guinness-World-Record-attempt.htmlFri, 20 Aug 2010 01:13:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008200121590625000.jpgSurya Global Steel Tubes Ltd, part of the Rs 2,000 crore Surya Roshni Group, has announced its plans to expand its presence in South India with the establishment of a new pipe manufacturing plant with an investment of Rs 100 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Surya-Global-Steel-to-invest-Rs-100-crore-on-pipe-manufacturing.htmlFri, 20 Aug 2010 10:45:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/The National Association for the Blind, (India) has successfully placed 10 of its students with Standard Chartered, India’s largest International Bank. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Standard-Chartered-employs-students-from-National-Association-for-the-Blind.htmlFri, 20 Aug 2010 09:46:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Esource India, an online placement agency, is setting up sales offices and franchises throughout the country to meet the aspirations of millions of youth, from smaller towns and cities. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=An-online-placement-agency-for-small-town-youth.htmlFri, 20 Aug 2010 09:45:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tainted former Chairman of Satyam Computers Ramalinga Raju was given his bail orders on Thursday, a day after the AP High Court granted him bail in the multi-crore Satyam account fudging case. Mr Raju however will stay put in NIMS, where he has been undergoing treatment for Hepatitis-C.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Raju-issued-bail-order;-will-stay-back-in-NIMS.htmlThu, 19 Aug 2010 08:21:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008190825447187500.jpgViswanathan Anand, the World Champion in all formats of Chess will compete with 40 other eminent chess players of the world simultaneoulsy in an event to be organised by the International Congress of Mathematicians (ICM) in Hyderabad on August 24, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=The-King-and-his-40-rivals.htmlThu, 19 Aug 2010 08:00:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008190806175156250.jpgFAPCCI is organizing an interactive meeting on” Promoting and Protecting Investors “on August 21, 2010 at 5 p.m. The meeting will be held at KLN Prasad auditorium in the FAPCCI premises.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=FAPCCI-to-hold-meeting-for-protecting-Investors.htmlThu, 19 Aug 2010 06:47:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Jet Airways, India’s leading airliner, said its Facebook community increased to 50,000 fans, the first Indian airliner to have so many Facebook fans.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now--Jet-Airways-has-50-000-Facebook-fans.htmlThu, 19 Aug 2010 06:19:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Indian School of Business (ISB) on Thursday inked a pact with Dr. Reddy’s Laboratories Limited to establish ‘Dr. Reddy’s Cell for Employability and Skilling’ at the ISB. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ISB--Dr.-Reddy’s-to-promote-research-in-employability.htmlThu, 19 Aug 2010 06:17:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/International College of Security Studies (ICSS) on Thursday signed a Memorandum of Understanding (MOU) with Israeli College for Security and Investigations for setting up first Indo –Israel Security training academy at Gurgaon. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indo-Israel-security-training-academy-soon.htmlThu, 19 Aug 2010 05:53:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/NE Technologies (India) Pvt Limited, a wholly-owned subsidiary of US-based NE Technologies Inc, will inaugurate its Rs 25-crore Research & Development (R&D) Centre in Hyderabad on Monday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NE-Tech-to-inaugurate-RandD-centre-in-Hyderabad.htmlThu, 19 Aug 2010 05:46:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Canon India Private Limited, a digital imaging company in association with Netspider India, will be working in partnership with the Government of Rajasthan's Education Council to roll out the Sarva Shiksha Abhiyan CTS 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Canon-India-partners-Netspider-for-Sarva-Shiksha-Abhiyan.htmlThu, 19 Aug 2010 04:54:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/The BSE Sensex was up around 200 points for a second consecutive day, hitting a new 30-month high. The 30-share index opened at 18,276 points and gained momentum steadily through the day, reaching an intra-day high of 18,475 to close for the day at 18,257 points, up 197 points or 1.0 per cent.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-closes-at-a-new-two-year-high.htmlThu, 19 Aug 2010 04:50:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008190454568125000.jpgSun Pharmaceutical Industries Ltd. on Thursday announced that USFDA granted approval for its abbreviated new drug application (ANDA) to market generic version of Venlafaxine Hydrochloride extended release tablets.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sun-Pharma-gets-USFDA-nod-for-Venlafaxine.htmlThu, 19 Aug 2010 04:45:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Unlisted public sector telecom company BSNL Ltd has clocked a net loss of Rs 1,822.65 crore in 2009-10. The losses have been attributed to the fall in wireline subscribers, higher expenses due to increased remuneration to employees and reduction in telecom tariff by the company. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=BSNL-posts-Rs-1-822-cr-loss-in-2009-10.htmlThu, 19 Aug 2010 04:20:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008190423487656250.jpgIndian auto major Mahindra & Mahindra Limited (M&M), which emerged as the preferred bidder to acquire troubled South Korean automaker Ssangyong, would bring two of the latter’s sports utility vehicles (SUVs) –Rexton II and Korando C – into the Indian market.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-to-launch-two-Ssangyong-SUVs-in-India.htmlThu, 19 Aug 2010 03:08:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008190435045156250.jpgPE Electronics Ltd, a new business unit that brings together two premium brands, Philips and Electrolux, has announced the appointment of Neeraj Sethi and Sajeev R as its Chief Operating Officers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Philips-and-Electrolux-get-new-COOs.htmlThu, 19 Aug 2010 02:03:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/Dr Reddy's Laboratories has been included in the S&P CNX Nifty Index and excluded from the CNX Nifty Junior index, according to a statement by India Index Services and Products Ltd, here on Thursday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddys-to-be-included-in-SandP-CNX-Nifty-Index.htmlThu, 19 Aug 2010 11:20:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sequoia Capital India has announced that it has invested Rs 60 crore in Quick Heal Technologies, a leading provider of computer security software products. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sequoia-Capital-invests-Rs-60-cr-in-Quick-Heal.htmlThu, 19 Aug 2010 11:19:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based MIC Electronics, a leading player in LED Video displays and high end Electronic and Telecommunication equipment, has secured 17 orders from across the country worth Rs 18.63 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MIC-Electronics-bags-orders-worth-Rs-20.64-crore.htmlThu, 19 Aug 2010 10:00:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Noel Tata, the half-brother of Ratan Tata and the person tipped to succeed Ratan Tata as the Chairman of the Tata Group, has been elevated as the Vice-Chairman of Trent Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Noel-Tata-elevated-as-Vice-Chairman-of-Trent.htmlThu, 19 Aug 2010 09:38:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/With the State High Court granting bail to all the accused in the Satyam scam, one pertinent question in the minds of one and all is: “Will the accused be excused?” And will Mr. Raju join the bandwagon of those cursing the late YSR with bell,book and candle; and reap political benefits by doing so.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Raju-banega-gentleman--will-live-happily-ever-after.htmlWed, 18 Aug 2010 08:26:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008180834180937500.jpgEmployees of SKS Microfinance, which was listed in the bourses this week, have reaped rich benefits by selling off their holdings in the company after the company's listing. Atleast 11 employees of the company have sold off over 31,000 shares of SKS, for a total sum over Rs 3.53 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-employees-reap-rich-dividends;-book-profits-post-IPO.htmlWed, 18 Aug 2010 08:16:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008180820317031250.jpgCity-based Gati Limited, which made losses to the tune of Rs 15.05 crore during its last fiscal, reported a net profit of Rs 15.11 crore for its financial year ended on June 30, 2010. However, the logistics company will hive off its loss-making shipping division to focus on its core business.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gati-back-into-profits--to-hive-off-shipping-division.htmlWed, 18 Aug 2010 07:49:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008180754482343750.jpgIndia's leading telecom operator, Bharti Airtel has announced that it has achieved Gold Certification from Cisco for meeting the rigorous standards for networking competency, service, support and customer satisfaction set forth by Cisco.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-Airtel-gets-Gold-Certification-from-Cisco-India.htmlWed, 18 Aug 2010 06:45:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/The IPO of Gujarat Pipavav Port Limited (GPPL), part of the AP Moller-Maersk group, will open the capital market on August 23, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gujarat-Pipavav-Port-IPO-opens-on-August-23--2010.htmlWed, 18 Aug 2010 06:42:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Maruti Suzuki has launched yet another new model. The India’s leading carmaker, which is under pressure to hold on to its leadership position after its market share has slipped below the psychological barrier of 50 per cent last month, launched new variant of A-Star with automatic transmission. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-Suzuki-launches-automatic-A-Star.htmlWed, 18 Aug 2010 04:53:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Diba Industries, a laboratory fluid handling solutions provider, will launch its expanded Omnifit Labware chromatography column product line at the Analytica China Trade Fair scheduled for September 15-17, 2010, at the Shanghai New Expo Centre. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Diba-Industries-to-take-part-in-Analytica-China-Trade-Fair.htmlWed, 18 Aug 2010 04:27:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ocean Optics, a miniature photonics industry player, developed a proprietary light shaping technique for its spectrometers that balances the uneven spectral emission from Ultra-Violet (UV) light sources used for spectroscopy applications. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ocean-Optics-develops-spectral-shaping-technology.htmlWed, 18 Aug 2010 04:18:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Crucible Business Quiz, one of India’s popular business quizzes, will kick off from the city on August 20. The challenging business quiz, which aims to test out-of-the-box thinking and speed of thought, is now in its 7th edition.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Crucible-Business-Quiz-to-kick-off-from-city-on-Aug.-20.htmlWed, 18 Aug 2010 04:05:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/United Stock Exchange of India (USE), India’s newest stock exchange for currency derivatives, has announced a waiver of membership admission fees for the currency derivatives segment of the exchange till August 31, 2010 to bring in new participants into the currency market. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=United-Stock-Exchange-waives-off-membership-fee-till-August-31.htmlWed, 18 Aug 2010 03:58:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/Suvidhaa Infoserve Pvt. Ltd, pioneer of the Services Commerce (“S-Commerce”) revolution in India, has announced today the completion of a $7 million second round of funding.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suvidhaa-Infoserve-raises-2nd-round-of-funding-for-$7-million.htmlWed, 18 Aug 2010 03:58:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/AppLabs, the world’s largest software testing and quality management company, has announced the acquisition of Hyderabad-based ValueMinds, the developer of TestersDesk.com(TM)., a set of tools for test data generation and automated test case creation. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AppLabs-acquires-ValueMinds-for-an-undisclosed-sum.htmlWed, 18 Aug 2010 03:55:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/The prime accused in the multi-crore Satyam Computer Services Ltd scam Byrraju Ramalinga Raju has been granted bail by the Andhra Pradesh High Court, in response to a petition. The court rejected the objections raised by the CBI, the investigating agency, as it completed the questioning.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramalinga-Raju-gets-bail-in-multi-crore-Satyam-Scam.htmlWed, 18 Aug 2010 02:27:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008180239060625000.jpgAnil Ambani-owned Reliance Broadcast Network Ltd on Wednesday announced a 50:50 Joint Venture with CBS Studios International, part of CBS Corporation, to launch three new English entertainment channels in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Reliance-JV-with-CBS-Studios-to-launch-new-English-TV-channels.htmlWed, 18 Aug 2010 02:12:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008180214458125000.jpgThe overall India PC market sales touched 23.7 lakh units during the first quarter of the fiscal recording a 34 per cent growth year on year and a 5.8 per cent quarter-on-quarter increase. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-buys-23.7-lakh-PCs-in-Q1-IDC-Report.htmlWed, 18 Aug 2010 12:46:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Over the last few years the mobile phone has morphed to become no less than the 'Swiss Knife' of personal communication devices. It might not have a corkscrew or a nail cutter but a mobile is a phone, a data handler and a one-stop gadget for all entertainment and communication needs. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mobile-Phone-The-new-Swiss-Armyknife.htmlWed, 18 Aug 2010 12:42:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008181246126562500.jpgThe Saudi BinLadin Group (SBG) will wait for the Company Law Board's clearance to come through for a Board position in Maytas Infra, in which it acquired stake recently.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Saudi-BinLadin-Group-to-wait-for-CLB-clearance-to-enter-Maytas-Board.htmlTue, 17 Aug 2010 08:56:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008181046293750000.jpgCoca-Cola India, a global beverage company, launched Maaza Mango Delite in Kolkata on Tuesday. The new product is a blend of juicy mangoes and milk.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Coca-Cola-launches-Maaza-Milky-Delite.htmlTue, 17 Aug 2010 07:19:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hyderabad Goods Transport Association (HGTA) has established a unique Transport Training and Development Institute (TTDI) in Autonagar on the city outskirts. The institute, housed in a two-storied building, is ready for inauguration.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HGTA-sets-up-transport-training-institute.htmlTue, 17 Aug 2010 07:06:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/Riester, a diagnostic instruments manufacturing company, on Tuesday launched new ri-thermo N, an infrared thermometer which could measure temperatures in seconds. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Riester-launches-new-digital-thermometer.htmlTue, 17 Aug 2010 06:48:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/Red Hat, Inc., an open source solutions provider, said it deployed its open source technologies in various financial institutions in Asia-Pacific. These technologies were also deployed in mission-critical and insurance environments.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Red-Hat-deploys-open-source-software-in-Asia-Pacific.htmlTue, 17 Aug 2010 06:40:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/German luxury carmaker Mercedes-Benz added a bit of glamour to the otherwise staid motoring in India by launching the topless version of its midsize E-Class luxury sedan. The new E-Class Cabriolet represents essence of open-top motoring. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mercedes-Benz-launches-topless-E-Class.htmlTue, 17 Aug 2010 06:19:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008181047344375000.jpgThis would be a designer Raksha Bandhan for buyers of HP laptops and netbooks. The company is giving away an exclusive Satya Paul Designer Gift Hamper consisting of a tie, cufflinks, pen and men's wallet worth Rs 7,000 absolutely free on a purchase of HP Mini 210 netbook.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Its-designer-Raksha-Bandhan-for-HP-laptop-buyers.htmlTue, 17 Aug 2010 05:16:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sezal Glass Ltd, manufacturers of float glass, has formed a joint venture company with CGI International for supplying fire rated glass in India. The JV, named Sezal Firebaan Glass Pvt Ltd would supply Fire rated glass product that is branded as 'Pyroguard'.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sezal-Glass-signs-JV-with-CGI-International-for-fire-resistant-glass.htmlTue, 17 Aug 2010 05:14:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti Airtel has joined hands with Nokia to launch Ovi Life Tools service targeted at providing Airtel’s mobile customers with access to relevant content on agriculture, education and entertainment. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nokia’s-Ovi-Life-Tools-launched-on-Bharti-Airtel’s-mobile-service.htmlTue, 17 Aug 2010 05:13:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/A rogue application is targeting users of Facebook that revolutionised social networking phenomenon across the globe, with an obvious intention of accessing their profiles.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Rogue-application-haunts-Facebook-users.htmlTue, 17 Aug 2010 05:04:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170512302500000.jpgOdigma, a social media marketing firm, created 6 lakh Facebook fans for its clients in less than three months. The company uses social networking sites like Facebook and helps its clients to increase their business and brand awareness.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Odigma-creates-6-lakh-Facebook-fans-in-3-months.htmlTue, 17 Aug 2010 03:59:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Andhra Pradesh Power Generation Corporation (AP Genco) will get Rs.9506 cores financial assistance for its projects from the Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), according to an official release on Tuesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AP-Genco-gets-Rs-9-506-cr-loan-from-PFC--REC.htmlTue, 17 Aug 2010 03:44:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170711395156250.jpgBlackberry maker RIM has denied reaching any agreement with the Indian Government on providing security agencies access to the information shared by Blackberry users. RIM has not send out any reports about reaching an agreement with the Indian Government, said the company spokesperson. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIM-denies-reaching-an-agreement-with-India-on-Blackberry.htmlTue, 17 Aug 2010 03:22:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170325452656250.jpg After H1N1 (swine flu) virus that achieved media superstardom in the last 12 months, a new gene, NDM-1 or superbug has taken its place. The bacterial gene is reportedly resistant to all known antibiotics, resulting in scientists calling it the end of Antibiotics. Is this a premature exercise?http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Has-Superbug-rendered-antibiotics-obsolete.htmlTue, 17 Aug 2010 02:58:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170311092812500.jpgAttano Media and Education, a digital learning services company, launched a free educational portal, attanolearn.com, for school students. The website offers 5,000 free educational videos and interactive features.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Attano-Media-launches-free-educational-portal-for-students.htmlTue, 17 Aug 2010 02:56:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/IN Vysya Bank has announced the appointment of Arun Thiagarajan as the Part-time Chairman of the Bank for a period of three years. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Arun-Thiagarajan-appointed-Chairman-of-ING-Vysya-Bank.htmlTue, 17 Aug 2010 02:42:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/AEGON Religare Life Insurance planned Rs 360-crore capital infusion during the current fiscal, taking its total capital investment to Rs 1,020 crore, the company’s Chief Marketing Officer Yateesh Srivastava said in Hyderabad on Tuesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AEGON-Religare-plans-Rs-360-cr-capital-infusion.htmlTue, 17 Aug 2010 02:40:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170253180468750.jpgAtleast 26 per cent of the workers in India and 20 per cent of those abroad travel over 90 minutes to work every day according to a survey by Regus. Although in India the average commute length is 29 minutes, 12 per cent of commuters travel more than an hour to and from the place of work. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=One-fourth-of-Indian-workers-travel-over-90-minutes-to-work-daily.htmlTue, 17 Aug 2010 02:39:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/The college-drop out head of Research in Motion, the Canadian company that created the Blackberry device, has berated governments abroad, for seeking to monitor the traffic of his customers within their borders, when so many of their own officials don’t have PhDs or computer science degrees.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Blackberrys-blues-are-getting-boring-Lets-move-on.htmlTue, 17 Aug 2010 01:47:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008170155516250000.jpgThe HTC Desire, the latest Android Smartphone that offers the enhanced HTC Sense experience to users has been launched in the India. HTC Corporation has announced a partnership with TATA DOCOMO to launch the ‘HTC Desire’ in India at a price of Rs 28,900. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Android-Smartphone-HTC-Desire-comes-to-India.htmlTue, 17 Aug 2010 11:21:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mann Ki Baat (eu dh ckr), the Doordarshan programme on mental health awareness which has fast gained popularity starts on a new six-episode capsule on Relationships and Marriage, starting Wednesday, August 18, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-Mann-Ki-Baat-series-on-Relationships-and-Marriage.htmlTue, 17 Aug 2010 11:19:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam received a favourable verdict from the New York Supreme Court on Monday in the Upaid settlement case. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-gets-favourable-verdict-in-Upaid-case.htmlTue, 17 Aug 2010 09:27:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/ICICI Bank has hiked its Prime Lending Rate (PLR) by 50 basis points with effect from August 18, 2010. The revised rate of lending by the country's second largest lender would now be 16.25 per cent against 15.75 per cent earlier.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICICI-Bank-raises-PLR-by-50-bps.htmlTue, 17 Aug 2010 09:10:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Vivimed Labs Limited posted a net profit of Rs 6.31 crore for the quarter ended June 30, 2010, an increase of 26 per cent over Rs 4.68 crore it posted during the same period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vivimed-Labs-posts-Rs-6.31-cr-net-in-Q1.htmlMon, 16 Aug 2010 08:04:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/ Mahindra First Choice Wheels, which inaugurated two new multi-brand pre-owned car sales outlets called SuperStores and one unique sales-cum-service outlet called 2S in the city on Monday, plans to open 450 2S outlets and sell one-lakh pre-owned cars a year by 2014.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-FirstChoice-to-sell-1-lakh-old-cars-a-yr-by-2014.htmlMon, 16 Aug 2010 07:46:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Seagate Technology, a hard disk drive and storage solution company, and Samsung Electronics Co. Limited, a major electronic company, entered into a joint development and licensing agreement to jointly develop and cross-license related controller technologies for solid state drive (SSD).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Seagate--Samsung-to-develop-solid-state-drive.htmlMon, 16 Aug 2010 06:53:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ahmedabad-based textile major Arvind Limited, which opened its first exclusive brand outlet (EBO) in the city on Monday, plans 20 new outlets of similar kind in the State in coming five months.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Arvind-plans-20-new-branded-outlets-in-AP.htmlMon, 16 Aug 2010 06:35:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008160648124218750.jpgApollo Hospitals Educational and Research Foundation (AHERF), an autonomous entity of Apollo Hospitals Group, formed a joint venture with US-based StemCyte to undertake stem cell research in India, according to Apollo Hospitals Group chairman, Dr Pratap C Reddy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-forms-JV-with-StemCyte-for-stem-cell-research.htmlMon, 16 Aug 2010 06:10:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008160614428906250.jpgThe Tata Motors Group global sales, consisting of Tata, Tata Daewoo and Hispano Carrocera range of commercial vehicles, Tata passenger vehicles along with distributed brands in India, and Jaguar and Land Rover, were 90,646 units in July 2010, a growth of 36 per cent over July 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Motors-Group-global-sales-grow-by-36-p.c..htmlMon, 16 Aug 2010 03:39:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/IT services company, GSS America Ltd, will buy out 100 per cent stake in an IT infrastruture management and mandaged services companyhttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GSS-America-to-acquire-a-company-in-US.htmlMon, 16 Aug 2010 03:28:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Dax Networks, a Networking company, has launched DX-2102E-NAS, a scalable Network-Attached Storage (NAS) device. The device is priced at Rs 43,830. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dax-Networks-launches-network-attached-storage-device.htmlMon, 16 Aug 2010 02:55:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/The State Bank of India (SBI), on Monday, revised the Benchmark Prime Lending Rate (BPLR) upwards by 50 basis pointss from 11.75 per cent per annum to 12.25 per cent per annum effective from August 17, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-increases-BPLR--term-deposit-rates.htmlMon, 16 Aug 2010 02:13:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lanco Infratech Ltd (LITL) on Monday reported a net profit of Rs 194.7 crore in the Q1 of the current fiscal, an upswing of 68 per cent over the Rs 115.9 crore net the company generated in the first quarter of last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lanco-Infratech-net-up-68-pc-in-Q1.htmlMon, 16 Aug 2010 01:36:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ybrant Digital, a city-based provider of digital marketing solutions, announced the signing of the stock purchase agreement to acquire Lycos Inc., the leading brand of search-based internet properties and services, from Daum Communications of Korea, here on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ybrant-buys-Lycos-for-$36-Million.htmlMon, 16 Aug 2010 12:42:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008161249244375000.jpgThe city-based automobile component manufacturer, Lokesh Machines Ltd, will complete the financial closure for its proposed car project next month. Managing Director of the company M. Lokeswara Rao, confirmed this on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MLR-Cars-to-achieve-fin.-closure-by-next-month.htmlMon, 16 Aug 2010 12:09:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008161219091406250.jpgIt was surely an occasion for the city-based SKS Micro Finance Ltd to celebrate, thanks to its triumphant openings at the bourses with the company's share showing a rise of almost 18 per cent. The Vikram Akula-founded company's stock was listed on the Bombay Stock Echange (BSE) on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-strikes-riches-at-openings-on-BSE.htmlMon, 16 Aug 2010 11:25:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008161129279531250.jpgThe Union Finance Minister Pranab Mukherjee requested Public Sector Banks to try to adopt IFRS by the year 2012 though banks are required to adopt IFRS only by 2013. The move would give comfort to all the stakeholders and achieve visibility in the international markets, according to the FM. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Try-to-adopt-IFRS-by-2012--FM-to-Public-Sector-Banks.htmlSat, 14 Aug 2010 06:25:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008140630219531250.jpgMindteck (India) Limited, a technology and IT services company, clocked 37 per cent growth in net profit at Rs 4.03 crore for the quarter ended June 2010 as against Rs.2.95 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mindteck-net-profit-up-37-pc-in-Q1.htmlSat, 14 Aug 2010 06:17:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Prajay Engineers Syndicate Ltd posted a net profit of Rs 41.04 lakh during the last quarter as against Rs 16.93 lakhs in the first quarter of last fiscal. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prajay-Engineers-posts-Rs-41.04-lakh-net-in-Q1.htmlSat, 14 Aug 2010 06:12:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/FMCG company, Farmax India has raised a sum of $11.98 million (around Rs 55.13 crore) through an additional issue of GDRs. The GDRs would be listed in the Luxemberg Stock Exchange next week. "We will use the funds raised for our Dubai foray," said Prasanth Reddy, Executive Director, Farmax India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Farmax-India-raises-$12-mn-through-additional-GDR-issue.htmlSat, 14 Aug 2010 05:43:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008140548009062500.jpge-Zest Solutions Ltd, an IT outsourcing company, completed 10th year of its existence on on August 8, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Outsourcing-firm-e-Zest-celebrates-10th-anniversary.htmlSat, 14 Aug 2010 05:23:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Sujana Metal Products limited reported a standalone net profit of Rs 14 crore during the April-June 2010 period, as against Rs 8.23 crore in the same period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sujana-Metal-net-up-70-pc-at-Rs-14-cr-in-Q1.htmlSat, 14 Aug 2010 05:04:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Deferred tax income during the quarter helped Priyadarshini Spinning Mills clock a net profit of Rs 2.51 crore for the quarter ended June 2010 as against a net loss of Rs 2.95 crore in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Priyadarshini-Spinning-clocks-Rs-2.51-cr-net-profit-in-Q1.htmlSat, 14 Aug 2010 04:52:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Bheema Cements Limited posted a net profit of Rs 60.63 lakh during the first quarter this fiscal, a fall of 89 per cent from Rs 5.47 crore net the company generated during the same period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bheema-Cements-net-plunges-89-pc-at-Rs-60-lakh.htmlSat, 14 Aug 2010 04:37:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tally India, a business management software company, launched a platform to help unemployed Tally students connect with prospective employers, including Small and Medium Businesses, in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tally-launches-platform-for-unemployed-youth.htmlSat, 14 Aug 2010 04:01:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Kakatiya Cement Sugar and Industries Limited posted a net loss of Rs 80 lakh for the quarter ended June 30, 2010, as against Rs 5.57 crore net in the same period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Kakatiya-Cement-in-red--posts-Rs-80-lakh-loss-in-Q1.htmlSat, 14 Aug 2010 03:51:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Citibank India on Saturday inaugurated its new state-of-the-art branch premises in Pune at Koregaon Park on the North Main Road.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Citibank-inaugurates-new-branch-premises-in-Pune.htmlSat, 14 Aug 2010 02:10:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/HOV Services Ltd, a BPO and KPO service provider from Chennai, was ranked among the top 15 BPO services exporting companies as per the annual ranking released by NASSCOM( National Association of Software and Services Companies) for the category "NASSCOM Top 15 BPO Exporters 2009-10" in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HOV-Services-Ltd-among-top-15-BPO-exporters-in-India.htmlSat, 14 Aug 2010 12:16:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/Farmax India to be listed in NSE http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Farmax-India-to-be-listed-in-NSE.htmlSat, 14 Aug 2010 10:48:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Apollo Hospitals has fixed September 3, 2010 as the record date to determine the eligible shareholders to receive the stock split. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-Hospitals-fixes-Sept-3-as-record-date-for-stock-split.htmlSat, 14 Aug 2010 10:47:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) is inviting applications for 21 Excellence Awards from organizations and persons to have achieved excellence through their innovation, dedication and determination, in their specialized fields of service.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=FAPCCI-invites-nominations-for-Excellence-Awards.htmlFri, 13 Aug 2010 08:28:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/Fears of the recent IRDA-SEBI dispute notwithstanding, the Life Insurance sector continued to grow strongly with new business premium for the period April-June 2010 increased by 76 per cent to Rs 25,571 crore as against Rs 14,466 last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-business-premium-up-76-pc-for-life-insurance-firms-in-Q1q.htmlFri, 13 Aug 2010 08:26:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/After the crackdown on BlackBerry, Indian Government is likely to turn its eyes on other telecom and technology companies including Google and Skype to keep Indian mobile communication network safe and secure from terrorists and spying.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=After-RIM;-Google--Skype-likely-to-be-under-scanner.htmlFri, 13 Aug 2010 07:29:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008130737564843750.jpgGVK Power and Infrastructure Ltd (GVKPIL) is planning to raise about Rs 1,500 crore through a private placement of shares to fund the expansion of Bangalore and Mumbai airports. The company is in talks with Private Equity firms and is expected to close a deal by next month. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GVKPIL-to-raise-Rs.-1-500-cr-for-airport-expansion.htmlFri, 13 Aug 2010 07:29:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008130735060000000.jpgCity-based fitness expert Dinaz Vervatwala, who is all set to participate in the Ms. Fitness World 2010 and Ms. Fitness Universe contests, received warm greetings, wishing her success in the contest, from prominent celebrities in the city.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dinaz-Vervatwala-to-represent-India-in-Ms-Fitness-World-2010.htmlFri, 13 Aug 2010 06:49:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based software solutions provider Tanla Solutions has posted a five-fold drop in net profit to Rs 2.07 crore for the quarter ended June 2010 as against Rs 10.06 crore in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tanla-Solutions-sees-five-fold-drop-in-net-profit.htmlFri, 13 Aug 2010 06:45:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s largest carmaker Maruti Suzuki India Limited, which is currently under pressure with its market share slipping below 50 per cent for the first time in its history, has on Friday unveiled CNG versions of five of its popular models - Maruti SX4, Eeco, WagonR, Estilo and Alto.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-Suzuki-unveils-five-new--CNG-models.htmlFri, 13 Aug 2010 06:23:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008130643331406250.jpgWidex India Pvt Ltd, which inaugurated its 3rd Senso Hearing Centre in the city and 30th in the country here on Friday, plans to open 70 more such centres across all metros by 2012, taking the total number of centres to 100.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Widex-plans-100-Senso-Hearing-Centres-by-2012.htmlFri, 13 Aug 2010 05:16:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008130528100937500.jpgCity-based Divis Laboratories Limited announced that the company’s 20th Annual General Body (AGM) meeting held on Friday ratified among other things the dividend payment of Rs 6 per share. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Divis-Labs-AGM-approves-dividend.htmlFri, 13 Aug 2010 04:26:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Shell Lubricants launched its 'Can you keep up with me?' global promotion that would offer motorcycle fans from India the opportunity to travel to the 2010 Malaysian MotoGP race.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Shell-offers-fans-chance-to-race-Ducati-MotoGP-Riders.htmlFri, 13 Aug 2010 04:09:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Deccan Chronicle Holdings Ltd has clocked an 18 per cent growth in net profit to Rs 91.23 crore for the quarter ended June 2010 as against a sum of Rs 77.02 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Deccan-Chronicle-net-profit-grows-18-pc-in-Q1.htmlFri, 13 Aug 2010 02:44:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/With high topline growth, city-based education services firm CompULearn Tech India has clocked a quantum growth in net profit to Rs 2.06 crore for the quarter ended June 2010 as against a sum of Rs 68 lakh registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CompULearn-Tech-sees-quantum-jump-in-profits-in-Q1.htmlFri, 13 Aug 2010 02:42:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hours after Indian Government threatened to ban Blackberry e-mail and instant messaging services in the country by August 31 unless Research In Motion (RIM), maker of Blackberry, falls in line, the RIM announced that it would only permit legal monitoring of the data, not full access.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIM-to-allow-legal-monitoring-of-data--not-full-access.htmlFri, 13 Aug 2010 02:01:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Maytas Infrastructure, which is trying to limp back to normalcy, posted a net loss of Rs 44.63 crore during the quarter ended June 2010 on account of lower sales income. The company clocked a net loss of Rs 15.14 crore in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maytas-Infra-posts-net-loss-of-Rs-44-cr-in-Q1.htmlFri, 13 Aug 2010 09:28:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008130935090625000.jpgCity-based Anjani Portland Cement Limited reported Rs 2.82-crore loss during the April-June 2010 as against Rs 7.18 crore during the same period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Anjani-Cement-slips-into-red--reports-Rs-2.82-cr-loss.htmlThu, 12 Aug 2010 09:25:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/National Minerals Development Corporation (NMDC) is planning to bid for a stake in Atlas Iron’s Ridley iron ore project in Australia, in association with Kobe Steel of Japan. Investment in the iron ore project may go up to $1.36 billion. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NMDC-to-bid-for-Australian-mine-with-Japans-Kobe-Steel.htmlThu, 12 Aug 2010 08:31:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120838183437500.jpgTata Steel Limited on Thursday reported a net profit of Rs 1,825.26 crore during April-June 2010 period as against a net loss of Rs 2,208.68 crore in the corresponding period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Steel-reports-Rs-1-825-cr-net-in-Q1.htmlThu, 12 Aug 2010 08:30:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Pharma major Ranbaxy Laboratories Limited on Thursday reported 52 per cent drop its net profits to Rs 334 crore during the April-June 2010 (Q2) compared to Rs 693.1 crore during the same period a year ago. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ranbaxy-net-falls-52-pc-to-Rs-334-cr-in-Q2.htmlThu, 12 Aug 2010 07:44:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Government of India has set August 31 as the deadline for Blackberry-maker Research In Motion (RIM) to open up the encrypted data exchanged through the handsets, for monitoring by Indian security authorities. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Blackberry-gets-August-31-deadline-to-share-code.htmlThu, 12 Aug 2010 07:26:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120730011250000.jpgTata Power has on Thursday reported 42 per cent fall in its net profif from Rs 552.76 crore in the first quarter of last fiscal to Rs 317.67 crore in Q1 this fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Power-net-falls-42-pc-in-Q1--income-up-7-pc.htmlThu, 12 Aug 2010 07:14:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Gayatri Projects Ltd (GPL) has finalised the debt arrangement for its 1,320 MW thermal power project at Krishnapatnam, in which Singapore-based Sembcorp is a JV partner. The company has tied up with REC for debt to the tune of Rs 1,500 crore and 8-9 institutions for debt.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gayatri-Projects-finalises-debt-arrangement-for-1-320-MW-Krishnapatnam-project.htmlThu, 12 Aug 2010 07:10:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120715147656250.jpgDivi's Laboratories Ltd has clocked a 43 per cent growth in net profit to Rs 83.73 crore in the quarter ended June 2010 as against a sum of Rs 58.33 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Divis-Labs-net-profit-grows-43-pc-in-Q1.htmlThu, 12 Aug 2010 06:34:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/There were no winners and losers, no heroes and villains. Partition of India was a historical necessity. Be honest, does anyone want Pakistan to be part of India? 63 years after Independence, we are still pointing accusing fingers at our honourable leaders who had fought for our freedom.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Partition-was-a-historical-necessity.htmlThu, 12 Aug 2010 06:09:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120614173125000.jpgUttam Galva Steels Ltd has achieved a significant milestone by exporting the country’s largest ever single consignment of Galvanised steel coils (30,100 MT) to the US.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Uttam-Galva-exports-Indias-largest-steel-consignment-to-the-US.htmlThu, 12 Aug 2010 05:01:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/One of the newest players in the GSM service market, Uninor has launched 'Self-help services, where customers have the right to chose and can avail recharge vouchers from their own cell phone. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Avail-recharge-from-your-own-cellphone-with-Uninor-Self-Help-Services.htmlThu, 12 Aug 2010 04:39:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/An increase in material costs and forex losses caused Apollo Hospitals to post a 12 per cent drop in net profit to Rs 39.27 crore for the quarter ended June 2010 as against a sum of Rs 44.80 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-Hospitals-net-down-12-pc--revenues-up-23-pc.htmlThu, 12 Aug 2010 04:30:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120432510000000.jpgLower expenses during the quarter helped the country's largest bank, State Bank of India clock a 22 per cent growth in net profit despite a marginal fall in revenue during the quarter ended June 2010. The SBI stock also hit a 52-week high of Rs 2,792, up 7.05 per cent in the BSE on Thursday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-net-up-22-pc-in-Q1--revenues-fall-marginally.htmlThu, 12 Aug 2010 02:51:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008120258338750000.jpgNagarjuna Construction Company Ltd has announced the acquisition of construction orders worth Rs 673 crore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nagarjuna-Construction-bags-Rs-673-cr-construction-orders.htmlThu, 12 Aug 2010 11:15:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Andhra Pradesh High Court has approved the bonus debenture issue proposal of Dr Reddy's Laboratories, said the company on Thursday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AP-High-Court-approves-Dr-Reddys-bonus-debentures-issue.htmlThu, 12 Aug 2010 09:42:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/L&T Mutual Fund has announced launch of L&T FMP – I (August91D A), a Close Ended Income Scheme having a 91 day tenrure. The Scheme will open for subscription on Aug12, 2010 and close on the same day. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-Mutual-Fund-launches-91-days-FMP.htmlWed, 11 Aug 2010 10:28:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/IndusInd Bank Ltd has signed a memorandum of understanding (MoU) with Toyota Kirloskar Motor Pvt Ltd (TKM) to extend car finance to their prospective customers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IndusInd-Bank-to-offer-car-finance-for-Toyota-Kirloskar-Motor.htmlWed, 11 Aug 2010 10:25:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/Net4 India, a leading Network and Application services provider, has posted a 54 per cent rise in net profit at Rs 3 crore for the quarter ended June 2010 as compared to a net profit of Rs 1.95 crore for the corresponding period last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Net4India-net-profit-up-54-pc-in-Q1.htmlWed, 11 Aug 2010 07:26:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/The US Government is receiving flak from not just India Inc but also the American corporate sector for increasing visa fees for IT professionals, stating that the bill is "discriminatory" against foreign companies and would undermine investment relations with India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Corporate-America-terms-visa-fee-hike-discriminatory.htmlWed, 11 Aug 2010 07:20:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/The entire consumer electronics sector witnessed bouyant growth for the second quarter of the calender year ended June 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Consumer-electronics-sales-up-on-festive-cheer-and-sporting-events.htmlWed, 11 Aug 2010 07:18:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lower raw material costs during the quarter helped XL Telecom and Energy Ltd post lower net loss of Rs 53.30 crore during the quarter ended June 2010 as compared to a net loss of Rs 237.20 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=XL-Telecom-and-Energy-lowers-net-loss-to-Rs-53-cr-in-Q1.htmlWed, 11 Aug 2010 06:04:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Solar Semiconductor, a leading producer of high-quality photovoltaic (PV) products, on Wednesday announced a strategic partnership with Sonepar, a premium distributor of electrical and solar PV products in Canada and worldwide.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Solar-Semiconductor-appoints-Canadian-distributor.htmlWed, 11 Aug 2010 05:11:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based AppLabs, the world's largest software testing and quality management company, was named in the coveted 2010 Global Services 100 (GS100) list for the third time in a row.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AppLabs-named-in-Global-Services-100-list.htmlWed, 11 Aug 2010 04:46:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/After financial, insurance and telecom sectors, it’s now the turn of the automotive industry in the country to get regulated, with Central Government actively contemplating to set up a specialized body for the regulation of auto sector.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Centre-plans-regulatory-body-for-auto-sector.htmlWed, 11 Aug 2010 04:02:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008110414044687500.jpgBlackberry's services in India could be shut down in India temporarily, if the security concerns raised by the Government are not addressed at the meeting to be held between the Government and mobile phone operators on Thursday, according to official sources.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Blackberrys-fate-to-be-known-today.htmlWed, 11 Aug 2010 04:02:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008110404476718750.jpgAPM Terminals Pipavav, the corporate brand of Gujarat Pipavav Port Ltd, received vessels from RCL, Wan Hai and Hamburg Sud on their inaugural visits to Pipavav recently. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=APM-Terminals-Pipavav-inaugurates-the-prestigious-RKI-CCI-Service.htmlWed, 11 Aug 2010 03:57:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Foundation stone for the Indian School of Buiness' (ISB) new campus at Mohali was laid by the Chief Minister of Punjab, Sardar Parkash Singh Badal, on Wednesday. Construction of the campus is expected to be completed by March 2012 and the first academic session will commence in April 2012 http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Foundation-stone-laid-for-ISBs-new-Mohali-campus.htmlWed, 11 Aug 2010 03:53:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008110357226250000.jpgNational Geographic Channel (NGC), which has been wowing the world with television programmes on exotic wildlife, exhilarating adventures and exciting explorations, is now available in our own Telugu, the second Indian language to be honoured this way after the national language Hindi.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nat-Geo-now-in-Telugu--looks-to-double-viewership.htmlWed, 11 Aug 2010 03:15:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008110456422656250.jpgBell Helicopter, a leading maker of commercial and military aircraft, once again claims the number one ranking in product support by the readers of Aviation International News magazine. Bell has been awarded this honor every year since the magazine began including helicopters in the poll in 2006. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bell-Heliopters--No-1-in-Product-Support.htmlWed, 11 Aug 2010 02:14:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/Global thin client supplier, VXL Instruments has announced two new virtualisation-ready laptop thin clients in association with major laptop manufacturer Lenovo. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=VXL-launches-laptop-thin-clients-with-Lenovo.htmlWed, 11 Aug 2010 02:07:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Teleservices Limited has added 2.32 million new subscribers (wireless and wireline) in the month of July 2010 to cross the 75-million-subscribers’ milestone. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Teleservices-crosses-75-mn-subscribers’-mark.htmlWed, 11 Aug 2010 02:03:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Magnaquest Technologies, a leading global convergent Billing, CRM and OSS Solution provider has announced that Microscan Computers, a premier provider of high capacity dark fibre solutions, will launch Triple Play services using Magnaquests's services.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Microscan-to-offer-Triple-play-services-using-Magnaquests-services.htmlWed, 11 Aug 2010 11:12:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Higher network operating costs during the quarter caused Bharti Airtel Ltd to clock a 32 per cent fall in consolidated net profit to Rs 1,681 crore for the quarter ended June 2010 as against a sum of Rs 2,474 crore registered in the corresponding quarter last year, as per IFRS.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-Airtels-Q1-net-falls-32-pc-on-higher-network-operating-costs.htmlWed, 11 Aug 2010 11:04:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian Telecom giant Bharti Airtel has announced the acquisition of 100 per cent stake in Telecom Seychelles, a leading telecom operator of Seychelles, for a consideration of $62 million (around Rs 285 crore).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-Airtel-buys-Telecom-Seychelles-for-$62-mn.htmlWed, 11 Aug 2010 09:32:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008110934216406250.jpgThe remark by a US senator describing India's IT bellwether Infosys as chop shop was "unfortunate and avoidable" said the Government on Tuesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chop-shop-remarks-on-Infosys-unfortunate-Govt.htmlTue, 10 Aug 2010 10:37:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/The State government on Tuesday granted permission for three information technology companies to set their offices in IT SEZs on the city outskirts. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=3-IT-firms-allotted-space-in-SEZs-to-set-up-offices.htmlTue, 10 Aug 2010 07:58:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Gurgaon-based Olive Telecom, which currently markets 14 mobile handsets and 17 convergence devices globally, on Tuesday launched 3.5G Olivepad VT100 tablet, the company’s competitor to Apple iPad, into Andhra Pradesh market.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Olive-Telecom-launches-Olivepad-tablet-in-AP.htmlTue, 10 Aug 2010 07:15:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100721037968750.jpgThe Andhra Pradesh Governement has declared Tirumala, the abode of Lord Venkateshwara and the world's second richest temple, a plastic free zone. The famous Laddu prasadam of the Lord will also be supplied only in cloth or jute bags henceforth.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tirumala-becomes-plastic-free-zone.htmlTue, 10 Aug 2010 06:32:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100642112812500.jpgTata DOCOMO has announced a Value Added Service Initiative called ‘Pay Per Site’ for all its customers. The revolutionary offer, once again breaks through the clutter in its category, thus offering a more simplified and unique “Pay-for-what-you-use” internet browsing model. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-DOCOMO-launches-Pay-per-site-for-its-customer.htmlTue, 10 Aug 2010 05:25:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Entertainment portal Fundoofun.com has started easy-to-learn free tutorials for those interested in learning the art of cartoon drawing. The newly launched portal offers a range of entertainment related quality content targeted at young people.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Learn-to-draw-cartoons-from-Fundoofun.com.htmlTue, 10 Aug 2010 05:24:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/This Independence Day send SMS to your near and dear within India and outside for free. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Free-I-Day-SMSes-through-160by2.com.htmlTue, 10 Aug 2010 05:23:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bringing in the celebration of the devout Ramzan month, Bharti Airtel has launched a slew of new distinctive Value Added Services from Prayers, Greetings, Wallpapers, Themes, Animations, Videos, Ringtones, Voice Blogs and Daily Sehri-Iftaar alerts during Ramzan. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Airtel-ushers-the-festive-spirit-with-special-Ramzan-Festive-Pack.htmlTue, 10 Aug 2010 04:46:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nasdaq-listed Polycom Inc. has signed a multi-year, strategic global agreement with Microsoft Corp. to deliver integrated end-to-end unified communications (UC) and to improve customers’ business productivity.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Polycom-to-deliver-End-to-End-Unified-Communications-for-Microsoft.htmlTue, 10 Aug 2010 04:44:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Strong sales growth in its major markets enabled Tata Motors Limited to post a consolidated net profit of Rs 1,988.73 crore during the April-June quarter this year as against loss of Rs 328.78 crore in the same period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Motors-posts-Rs-1-989-cr-net-in-Q1.htmlTue, 10 Aug 2010 04:09:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100416051250000.jpgFlat revenue growth, higher taxes and interest outgo caused IVRCL Infrastructures and Projects Ltd post a 23 per cent fall in net profit to Rs 28.07 crore for the quarter ended June 2010. The group turnover was up 14 pc in the quarter.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IVRCL-Infra-net-down-23-pc-on-flat-revenues-in-Q1.htmlTue, 10 Aug 2010 02:56:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100612417656250.jpgCity-based Nagarjuna Constructions Co Limited reported a net profit of Rs 56.23 crore during the quarter ended on June 30, an upswing of 15 per cent over Rs 47.65 crore net it posted in the first quarter of last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NCC-net-profit-up-15-pc-at-Rs-56.23-cr-in-Q1.htmlTue, 10 Aug 2010 02:39:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100246234687500.jpgCegedim Dendrite, a leading Life Sciences-specific Customer Relationship Management (CRM) provider with a 35 percent share of the global pharmaceutical CRM market, joined hands with Take Solutions to tap growing opportunities in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cegedim-Dendrite-partners-with-Take-Solutions.htmlTue, 10 Aug 2010 02:15:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/First time buyers of houses could receive a 1 per cent interest subsidy on their housing loan if the Reserve Bank of India has its way. The RBI has asked banks to pass on the benefit of the 1 per cent interest subsidy granted by the government on home loans, to customershttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Will-home-loan-buyers-get-a-1-pc-rate-subsidy.htmlTue, 10 Aug 2010 01:07:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008100109377656250.jpgCity-headquartered Public sector mining firm National Minerals Development Corporation (NMDC) has clocked a 94 per cent growth in net profit to Rs 1,504 crore for the quarter ended June 2010 as against a sum of Rs 773 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Better-performance-helps-NMDC-clock-94-pc-profit-rise-in-Q1.htmlTue, 10 Aug 2010 11:07:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Infotech Enterprises Ltd has announced the acquisition of US-based Wellsco Inc, which is in the business of providing network engineering and management and related services to the telecommunications industry.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Infotech-Enterprises-acquires-Wellsco-Inc-of-US.htmlTue, 10 Aug 2010 10:08:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/A US Silicon Valley based start-up, co-founded by entrepreneurs of Andhra Pradesh-origin, has created a new search tool that makes sharply focussed recommendations in answer to questions like: “What is a good place to eat nearby?” or “How can I repair my guitar – fast”! http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhrapreneurs-launch-myBantu-promising-the-best-search-results.htmlMon, 09 Aug 2010 10:38:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/Power and telecom infrastructure company Sujana Towers Ltd has more than doubled its net profit to Rs 13.11 crore for the quarter ended June 2010 as against a sum of Rs 6.42 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sujana-Towers-doubles-net-profit-in-Q1.htmlMon, 09 Aug 2010 07:44:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lohmann Animal Health, a global major in animal health business and poultry biologicals, has joined hands with poultry company Suguna, for a joint venture in India for manufacturing and marketing its range of poultry vaccines. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lohmann-Animal-Health-and-Suguna-create-a-poultry-vaccine-JV.htmlMon, 09 Aug 2010 07:38:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Thums Up has announced the launch of the ‘Thums Up Khaaleja Unda’ initiative for the consumers in Andhra Pradesh that will give 30 lucky winners a once-in-a-lifetime opportunity to meet and perform actions stunts (under expert supervision) with Superstar Mahesh Babu. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=How-to-perform-stunts-with-Mahesh-Babu.htmlMon, 09 Aug 2010 07:31:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mumbai-based Supreme Infrastructure Ltd has posted a 80.6 per cent rise in net profit to Rs 15.59 crore for the quarter ended June 2010, as compared to Rs 8.63 cr in the corresponding period of the previous year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Supreme-Infrastructures-net-rises-80-pc-in-Q1.htmlMon, 09 Aug 2010 07:30:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/Amara Raja Electronics Limited (AREL) and Amara Raja Batteries Limited (ARBL) joined hands with ‘The Energy Resources Institute’ (TERI) in its unique cost effective off-grid lighting solutions for rural electrification under its ‘Lighting a Billion Lives’ (LaBL) campaign.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Amara-Raja-joins-TERI’s-‘Lighting-a-billion-lives’-programme.htmlMon, 09 Aug 2010 07:05:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Dr Reddy’s Laboratories Limited will launch eight new biosimilar products over the next eight years, according to the company’s Vice Chairman and Chief Executive Officer, G V Prasad. Majority of these new products will be for oncology.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddy’s-plans-8-new-biosimilar-products.htmlMon, 09 Aug 2010 06:49:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008090652238281250.jpgMoldTek Technologies Ltd has clocked a net profit of Rs 1.02 crore for the quarter ended June 2010 as compared to Rs 86 lakh for the corresponding quarter the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MoldTek-Technologies-clocks-Rs-1.02-cr-net-profit-in-Q1.htmlMon, 09 Aug 2010 06:41:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Planman Stars, the sports management vertical of the Planman Group, has announced the launch of ‘virtual advertising’ in India which uses cutting edge technology that enables virtual ad inserts during live TV broadcasts. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Planman-Stars-launches-virtual-ad-inserts-during-TV-broadcasts.htmlMon, 09 Aug 2010 06:36:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Infrastructure Company Gayatri Projects Limited has reported a rise of 25.9 per cent in net profit to Rs. 15.06 crore for the quarter ended June 2010 as against Rs 11.96 crore in the corresponding quarter of the last fiscal. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gayatri-Projects-net-up-25-pc-in-Q1.htmlMon, 09 Aug 2010 04:28:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems has entered the gaming business with the launch of a new low cost gaming console range including ME D75, ME F25 and ME K 28. The new consoles have been custom-made to cater to the children of the age-group of 4 to 15 years. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Info-launches-gaming-consoles-for-pre-teens.htmlMon, 09 Aug 2010 04:23:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/The country already has requisite mechanism in the place to resolve differences among different regulators; therefore, there is no need for super regulator, said J Hari Narayan, chairman, Insurance Regulatory and Development Authority (IRDA) on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=No-need-for-super-regulator--says-IRDA-chief.htmlMon, 09 Aug 2010 02:46:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008090252313906250.jpgIndia is wasting its time chasing BlackBerry. It should first figure out what to do with the mailsystems that terrorist use, with foreign mailservers. Should it demand that all such servers be based in India? Google and Yahoo won't agree.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Barking-up-the-BlackBerry-Tree.htmlMon, 09 Aug 2010 01:13:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008090123266250000.jpgLeading water purifier company, Aquaguard – Eureka Forbes Ltd has launched a revolutionary new product AquaSure with SureKit Shield powered by PCT (Positive Charge Technology) that traps all disease causing bacteria, virus and cysts and removes harmful chemicals and other organic compounds. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aquaguard-launches-new-Aquasure-with-PCT-technology.htmlMon, 09 Aug 2010 01:10:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Higher sales from granite business helped Pokarna Ltd clock a net profit of Rs 24 lakh for the quarter ended June 2010 as against a net loss of Rs 3.55 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pokarna-Ltd-comes-out-of-red;-posts-profit-in-Q1.htmlMon, 09 Aug 2010 10:36:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/Commissioning of new power projects helped KSK Energy Ventures Ltd clock an 87 per cent growth in net profit to Rs 96.6 crore for the quarter ended June 2010 as against a sum of Rs 51.5 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=KSK-Energy-Ventures-net-up-7-pc-in-Q1.htmlMon, 09 Aug 2010 09:48:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/Healthy growth in airports business helped GMR Infrastructure Ltd clock a 26 per cent growth in net profit to Rs 28.44 crore for the quarter ended June 2010 as against a sum of Rs 22.53 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GMR-Infra-net-up-26-pc-in-Q1.htmlMon, 09 Aug 2010 09:33:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008091044272187500.jpgDr C Rangarajan, Chairman, Economic Advisory Council to the Prime Minister on Saturday hinted that Reserve bank of India (RBI) might go for a rate hike next month if inflation remained high. Inflation continued to haunt the nation even after the RBI bank raised rates in June.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=High-inflation-may-force-RBI-to-hike-rates-Dr-Rangarajan.htmlSat, 07 Aug 2010 07:34:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008070739567656250.jpgIndia's largest carmaker Maruti plans for a ‘Made in India’ car in the true sense of the term by 2012 for Indian market and another brand new model by 2014 for Suzuki’s global markets. But the carmaker has no plans to launch a rival for Tata Nano, according to its Managing Executive Officer, I V Raohttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-has-no-plans-of-Nanos-rival-I.V.Rao.htmlSat, 07 Aug 2010 05:50:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008070605328750000.jpgDue to the unique intitiatives undertaken by the Andhra Pradesh Government, the state acheived an average agricultural growth of 6.8 per cent between the period 2004-09, said the State Chief Minister K Rosaiah. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=APs-agricultural-growth-rate-higher-than-national-average-CM.htmlSat, 07 Aug 2010 05:21:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Google is all set to give Facebook a run for its money through the acquisition of Slide social networking and gaming portal giving it access to a range of fun apps and virtual communities. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Google-buys-social-gaming-portal--Slide-for-$182-mn.htmlSat, 07 Aug 2010 05:06:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nagarjuna Construction Company, which was denied the environmental clearance in the 2,640 MW power project at Sompeta, is planning to take a legal recourse challenging the decision. The company is not contemplating moving out of the region, said KJBV Subrahmanyam, Director, NCC Power Projects.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NCC-not-to-move-out-of-Sompeta--mulls-moving-court.htmlSat, 07 Aug 2010 04:59:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008070505009687500.jpgThe attempt by China-based Livzon Pharmaceutical Group Inc to patent traditional herbs like Pudina and Kalamegha has been quashed by the European Patent Office after claims by the Indian Government that the herbs have been used traditionally in Indian medical systems like Ayurveda and Unani.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chinas-attempt-to-patent-Pudina-quashed-by-European-Patent-Office.htmlSat, 07 Aug 2010 12:23:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Sons, the holding company of the Tata Group, on Friday announced the members of the five member Commitee announced to find a successor to the Group Chairman Ratan Tata who is due for retirement by December 2012.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Members-of-Tata-Group-succession-plan-Committee-announced.htmlFri, 06 Aug 2010 11:03:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/Jawahar Knowledge Center (JKC), the Andhra Pradesh Government's initiative to strengthen the quality of college graduates in both technical and non technical disciplines, has been awarded the ‘Innovative Initiative Award’ under the ‘Skill Development Initiative’ for the Year 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Jawahar-Knowledge-Center-receives-‘Innovative-Initiative-award’-for-Skill-Development.htmlFri, 06 Aug 2010 11:01:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ethos Swiss Watch Studios, the highline luxury watch retail chain unveiled its 24th store in India and first in Hyderabad here on Friday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-Ethos-Swiss-Watch-Studio--at-Hyderabad.htmlFri, 06 Aug 2010 10:58:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/FMCG Company Farmax India Ltd is planning to expand into the Middle Eastern region with a manufacturing presence in Dubai. The company which recently completed a GDR issue of $59 million (around Rs 270 crore) is planning either establish or buy out a manufacturing facility for FMCG products.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=FMCG-company-Farmax-to-make-Dubai-foray.htmlFri, 06 Aug 2010 07:59:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060802451406250.jpgFood grains worth Rs 5,00,000 crore can be saved if proper pesticides and other farm inputs are used, said Dhanuka Agritech, a company with presence in pesticides and pharma sectors. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pesticides--proper-farm-inputs-crucial-for-food-security-Dhanuka-Agritech.htmlFri, 06 Aug 2010 07:48:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/“The Ministry of Home affairs is seized of the Blackberry issue and will be resolved soon. Currently discussions are being held with the company,” said A. Raja, Union Minister of Information and Communications Technology here on the concluding ceremony of the eIndia 2010 on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Centre-to-resolve-Blackberry-issue-soon-A.-Raja.htmlFri, 06 Aug 2010 07:25:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060736398906250.jpgReliance Communications (RCOM), a telecom major, has launched its music services under the brand Simply Music in the market. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RCOM-commences-market-roll-out-of-Simply-Music-packages.htmlFri, 06 Aug 2010 06:43:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nitco Limited, a tiling major, has inaugurated its first Le Studio in Hyderabad on Thursday. Nitco’s Le Studio has been set up in 3,300 sq. ft and will display product offerings like ceramic tiles, vitrified tiles, wall tiles, naturoc, engineered and natural marble and mosaic. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nitco-launches-its-first--Le-Studio-in-city.htmlFri, 06 Aug 2010 06:13:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/ICSA (India) Ltd. reported an increase of 2.26 per cent in its income from operations, which stands at Rs 307.22 crore in the quarter ending June 30, 2010 as against Rs 300.42 crore in the previous quarter ending March 31, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICSA-(India)-net-dips-by-2.46-pc.htmlFri, 06 Aug 2010 05:09:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/ Centre for Development of Advanced Computing (C-DAC), has signed a memorandum of understanding with the Indian National Centre for Ocean Information Services (INCOIS), Hyderabad, to collaborate in the areas of high performance computing for production grade environments. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=C-DAC-inks-MoU-with-INCOIS-for-oceanography-research.htmlFri, 06 Aug 2010 04:27:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hyundai Motors India Limited (HMIL) will produce 70,000 more cars at is Sriperumbudur plant, near Chennai this year to meet the growing domestic demand. Hyundai India at present produces six lakh cars per annum and will make minor investments to raise the production capacity. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyundai-to-cut-down-exports-to-meet-domestic-demand.htmlFri, 06 Aug 2010 04:05:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060409574218750.jpgThe country's largest cement production company has a new CEO and MD. The Board of the company on Friday announced the appointment of Kuldip K Kaura as Chief Executive Officer and Managing Director of ACC Ltd with effect from 13th August 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Kuldip-Kaura-takes-over-as-CEO-and-MD-of-ACC.htmlFri, 06 Aug 2010 04:02:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/Prometric has announced that MeritTrac Services Pvt. Ltd and Everonn Education Ltd have been selected as delivery partners for the Common Admission Test (CAT) 2010. The partners were selected after an evaluation process based on the responses to request for proposal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CAT-2010-now-has--two-new-delivery-partners-Prometric.htmlFri, 06 Aug 2010 03:40:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Prestige Group, a construction major, has announced the launch of a residential project ,Prestige Silver Oak, in Whitefield in Bangalore on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prestige-Group-launches-new-residential-project.htmlFri, 06 Aug 2010 03:33:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/Two important developments have vindicated the stand of this writer that the government’s move to extend food security to the entire population is a “universal blunder” and asked the government to initiate programmes to control the growth of population which will almost double by 2050.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-helpless-Govt-and-an-irresponsible-Oppn.htmlFri, 06 Aug 2010 02:47:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060250329531250.jpgSpare a few minutes to see what the government agencies responsible for Information Technology have been up to, in two nations on different continents, but comparable in development status.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-tale-of-two-countries-(and-two-technology-issues).htmlFri, 06 Aug 2010 02:32:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060237295937500.jpgWith interminable power cuts becoming the order of the day, having power back using a UPS, inverter or battery has become inevitable.In view of the huge demand for such equipment, a three-day trade show of power storage devices and alternate energy solutions was kicked off in the city on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Power-backup-equipment-expo-kicked-off.htmlFri, 06 Aug 2010 01:34:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008060314239843750.jpgHigher expenditure and foreign exchange losses resulted in Aurobindo Pharma clocking a 69 per cent fall in consolidated net profit to Rs 51.50 crore for the quarter ended June 2010 as against a sum of Rs 166.45 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aurobindo-Pharma-net-falls-69-pc-in-Q1-on-higher-costs.htmlFri, 06 Aug 2010 12:13:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/iVdopia, the largest video and rich media mobile advertising network, has announced the launch of V5, the first HTML5 video platform with the ability to provide unified video ad experience across all devices and Smartphones, including the iPhone, iPod Touch, iPad or the Android.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=iVdopias-new-Video-Advertising-Platform-for-a-unified-ad-experience.htmlFri, 06 Aug 2010 10:19:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/Northgate Technologies which has been in the thick of controversies recently due to the sudden resignation of the CMD and ED and the decision to sell-off valuble businesses like bharatstudent.com is back on track said the CFO Anil Kumar Singh to AndhraBusiness.com.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Northgate-to-raise-Rs.-25-cr--expand-business.htmlThu, 05 Aug 2010 07:48:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008050750297812500.jpgCA Technologies, an IT management software and solutions company, has announced the promotion of Pushkaraj Kale as Sales Director. He was earlier an Account Director. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pushkaraj-Kale-promoted-to-Sales-Director-at-CA-Technologies.htmlThu, 05 Aug 2010 07:32:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/Stating that ‘Reserve Bank cannot, and indeed should not be a pure inflation targetter’, Reserve Bank of India Governor Duvvuri Subbarao said that the recent economic crisis made central banks to think beyond inflation.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RBI-cannot-be-pure-inflation-controller-Subbarao.htmlThu, 05 Aug 2010 07:31:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008050742152656250.jpgIBS (earlier ICFAI Business School) has clarified that it is not in talks with Everonn or any other party for sell-off. Drawing attention to media reports about the plans of IBS to sell stake, IBS on Thursday informed that it is at present focusing on consolidation of its operations. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IBS-denies-Everonn-deal-Embarks-on-consolidation.htmlThu, 05 Aug 2010 07:08:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mirc Electronics Ltd. (Onida), an electronics and consumer durables company, unveiled its Onida 32 Diamond KY Rock - first-of-its-kind LCD TV with a 1000-watts surround sound system and in-built woofers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Onida-unveils-its-32-Diamond-KY-Rock-LCD-TV.htmlThu, 05 Aug 2010 06:58:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/Light Emitting Diode Manufacturers Association (LEDMA) was formed to address the issues of the growing industry and to make people aware of the future lighting technology. This will serve as a platform for LED Product Manufacturers across the country to strengthen and develop the LED industry.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LED-products-manufacturers-association-floated.htmlThu, 05 Aug 2010 06:49:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Symantec Corporation, on Thursday, released the India findings of its 2010 Global SMB Information Protection Survey which said 67 per cent of the respondents had cited data loss as a key area of concern and 60 per cent consider cyber attacks as a potential business risk. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Data-loss-key-area-of-concern-for-SMBs-Symantec-survey.htmlThu, 05 Aug 2010 06:37:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nikon India, an imaging-technology leader, will set up over 21 "Nikon authorized collection centres" across 14 states as part of its expansion plans in the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nikon-India-speedrolls-expansion.htmlThu, 05 Aug 2010 06:16:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Maruti Suzuki India Limited, India’s largest carmaker, will launch its first ‘Made In India’ car, which will be positioned in A2 segment, in 2012, according to the company’s Managing Executive Officer I V Rao.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti’s-first-‘Made-in-India’-car-to-be-out-in-2012.htmlThu, 05 Aug 2010 05:24:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008050532556718750.jpgDhanuka Agritech Limited, an agro chemical company, will issue 15 lakh shares to raise Rs 50 crore through FPO (follow on public offer) half of which will go towards expansion, modernization and launch of other combination products. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dhanuka-Agritech-to-raise-around-Rs-50-cr-through-FPO.htmlThu, 05 Aug 2010 04:51:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/Venkat Meenavalli, the co-founder and Chairman and Manging Director of Northgate Technologies Ltd, who resigned from his post last month owing to differences with the Executive Director, has withdrawn his resignation. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Venkat-Meenavalli-withdraws-resignation-as-Northgate-Tech-MD.htmlThu, 05 Aug 2010 03:57:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam (formerly Satyam Computers Ltd) has expanded its Malaysian sales team with the appointment of two veterans, Azlan Othaman and Rasedi Mohamad, both of whom have over 15 years of experince in IT sales in large MNC's. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-expands-Malaysia-sales-team.htmlThu, 05 Aug 2010 02:59:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/CordLife, Asia Pacific's largest network of stem cell bank, has announced a “Quality Guarantee” to ensure the quality of the cord blood stored for its clients, making it the only stem cell bank providing such a warranty. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cordlife-offers-Quality-Guarantee-for-cord-blood.htmlThu, 05 Aug 2010 02:00:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Food price inflation for the week ended June 24, 2010 eased to 9.53 per cent compared to 9.67 per cent during the previous week, mostly due to the base effect. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Food-price-inflation-at-9.53-pc.htmlThu, 05 Aug 2010 01:58:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Industries Ltd has entered into a shale joint venture with US-based Carrizo Oil and Gas Inc that would provide the JV with 104,400 net acres of undeveloped leasehold with a net potential of 3.4 TCFE.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIL-enters-shale-joint-venture-with-Carrizo-Oil-and-Gas-of-US.htmlThu, 05 Aug 2010 09:47:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008051152214687500.jpgIt’s official now. Construction major Larsen and Toubro Limited, which emerged as lowest bidder for the Rs 12,132-crore Hyderabad Metro Rail, bagged the project. State Cabinet, which met here on Wednesday, ratified the recommendation of a committee in this regard.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=L-and-T-bags-Hyderabad-Metro-Rail-project.htmlWed, 04 Aug 2010 11:37:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008041141582968750.jpgRobust results posted by software firms in the concluded quarter, especially Cognizant which announced its results on Tuesday, helped the Sensex gain in late trade and close at an 18 month high of 18,222 points, up 108 points. The NSE Nifty was up 28 points or 0.52 per cent at 5,467 points.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-closes-at-a-two-year-high-of-18-222.htmlWed, 04 Aug 2010 09:28:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Tata Group has formed a committee to decide on a suitable successor to the Group Chairman Ratan Tata who is to retire by December 2012. The announcement comes within days of the elevation of Noel Tata, Mr Ratan Tata's half-brother, as head of the Group's international operations. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Group-appoints-committee-to-find-successor-for-Ratan-Tata.htmlWed, 04 Aug 2010 09:21:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008040927140937500.jpgBirla Sun Life Insurance Company Ltd. (BSLI), a subsidiary of Aditya Birla Nuvo Ltd, on Wednesday announced the appointment of Jayant Dua as the Managing Director of the company based in Mumbai. Jayant’s appointment will be effective July 1, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Jayant-Dua-new-MD-of-Birla-Sun-Life-Insurance.htmlWed, 04 Aug 2010 08:41:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian Media Market had witnessed another Joint Venture (JV) when A and E Television Networks (AETN), pay television company in US and Network18, Indian media conglomerate reached an agreement to form AETN 18 India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AETN--Network18-form-JV-to-distribute-US-channels-in-India.htmlWed, 04 Aug 2010 08:30:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Freedocast on Wednesday announced successful completion of the first ever broadcast of Delhi Technical University’s Orientation session 2010-11 addressed by Prof. P.B.Sharma, Vice Chancellor, Delhi Technological University for new students joining the session.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Global-Takeoff-facilitates-DTU-session’s-live-broadcast.htmlWed, 04 Aug 2010 08:22:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/IndiaMART.com, India's largest online B2B marketplace, has joined hands with ET Now, a major financial news channel, to present 'IndiaMART Leaders of Tomorrow Awards'. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IndiaMART.com-to-present-awards-to-SME-sector.htmlWed, 04 Aug 2010 08:07:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Volkswagen India on Monday commenced production of its Made-In-India sedan Vento at its plant its plant in Chakan near Pune in Maharashtra.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Volkswagen-India-begins-Vento-sedan-production.htmlWed, 04 Aug 2010 07:28:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading IT services provider Cognizant has announced the expansion of its recently opened global delivery center in Manila, Philippines, to meet the needs of its global clients. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cognizant-expands-Delivery-Center-in-Phillipines-to-600-seats.htmlWed, 04 Aug 2010 07:26:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/ING Life has declared record annual bonus rates for all its participating products and Best years’ Retirement Plans for the fiscal year 2009 – 2010. The bonus rates declared are amongst the best from the company so far, said the company on Wednesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ING-Life-declares-record-bonus-for-its-traditional-products-and-Retirement-Plan.htmlWed, 04 Aug 2010 07:20:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Communications is gearing up for the launch of 3G services to its Indian customers with a huge chest of services and state-of-the-art applications, prior to the launch of its 3G services in 13 key circles including Mumbai, Delhi and Kolkata.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RCOM-and-Universal-Music-sign-partnership-for-3G-launch.htmlWed, 04 Aug 2010 07:18:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Centre is considering providing tax breaks to the IT sector irrespective of the company’s location either in an SEZ or STPI, as sought by the NASSCOM, said R. Chandrasekhar, Secretary, Department of Information Technology, speaking at the eIndia 2010 held in the city on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tax-sops-for-IT-industry-on-the-anvil-IT-Secretary.htmlWed, 04 Aug 2010 06:30:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008040636157656250.jpgMumbai-based IT consulting and application development company Mastek will focus on domestic market and tap increasing opportunities in the government sector, according to the company’s founder and former chairman Ashank Desai.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mastek-to-focus-on-domestic-market--tap-e-governance-sector.htmlWed, 04 Aug 2010 06:04:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Automobile tyre major, JK Tyre and Industries Ltd. has announced the setting up of its Greenfield radial tyre manufacturing plant at Sriperumbudur, near Chennai with an investment of Rs 1,500 crore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=JK-Tyres-new-radial-tyre-production-plant-near-Chennai-for-Rs-1-500-cr.htmlWed, 04 Aug 2010 05:50:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Robust results posted by software firms in the concluded quarter, especially Cognizant which announced its results on Tuesday, helped the Sensex gain in late trade and close at an 18 month high of 18,222 points, up 108 points. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-closes-at-18-month-high-of-18-222.htmlWed, 04 Aug 2010 04:24:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008040428003437500.jpgIndia’s largest carmaker Maruti Suzuki India on Wednesday unveiled a new version of its best seller Alto equipped with 1000 cc engine from its latest K-Series. The new model, which is called Alto K10 and comes in two variants of K10 LXi and K10 VXI, is priced between Rs 3.03 lakh and Rs 3.16 lakh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-launches-high-end-version-of-Alto-with-1-litre-engine.htmlWed, 04 Aug 2010 03:45:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008040353377031250.jpgBajaj Auto Ltd (BAL) on Wednesday launched the new 220cc Avenger DTS-i. The new Avenger boasts of not only a larger capacity engine but also great performance statistics like more power of 19.03 Ps and torque of 17.5 Nm. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bajaj-launches-new-220cc-DTSi.htmlWed, 04 Aug 2010 03:44:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/Kellogg, the leading producer of ready-to-eat cereal, has launched Kellogg’s Heart To Heart Oats, made with 100 per cent wholegrain oats, marking Kellogg Company’s foray into the hot cereal category in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Kellogg-India-launches-‘Heart-To-Heart’-Oats.htmlWed, 04 Aug 2010 01:40:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Buildings and Factories Operating Company (B&F-OC), part of construction division of L&T has bagged orders worth Rs 1,025 crore for the construction of two hospital buildings, residential projects in Mumbai and a cement plant from a major cement maker. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-construction-division-bags-Rs-1-025-cr-order.htmlWed, 04 Aug 2010 10:23:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/All of us know that companies come out with Initial Public Offers (IPO) to raise funds from the public. As part of our educative series on various business at AndhraBusiness.com, we bring to you an article with the A-Z on IPOs including the rules governing IPOs and the mandatory requirements.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Think-you-know-everything-about-IPOs-Read-on..htmlWed, 04 Aug 2010 10:23:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008040135010312500.jpgAir passengers departing from Mumbai domestic airport all of August now have a reason to keep themselves engaged, entertained and explore an opportunity to win five stylish ASUS EeePC (netbooks) and lots of other great prizes while they await their boarding calls. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=You-could-win-a-netbook-when-transiting-through-Mumbai-airport.htmlWed, 04 Aug 2010 10:20:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/Political disturbances in Andhra Pradesh could affect commercial real estate business and may discourage occupiers to consider Hyderabad city in the short-term, according to a report by Confederation of Indian Industries (CII) and Jones Lang LaSalle Meghraj.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Political-sensitivity-could-affect-Hyderabad-real-estate-market-in-short-term.htmlTue, 03 Aug 2010 10:21:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Global energy management specialist, Schneider Electric has announced the sixth edition of Innovation Challenge, a search by the company to recognize the smartest engineering brains. This year, the company has opened this competition to engineering colleges from 15 Asian countries also.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Schneider-Electric-globalizes-Innovation-Challenge-2010.htmlTue, 03 Aug 2010 10:17:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Keeping the future of a million-plus Blackberry smart phones in use in India, now under cloud, Research in Motion, has said that nobody, including the manufacturers themselves, can access the encrypted data transfered through the device.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=No-one-can-decrypt-Blackberry-data--says-RIM.htmlTue, 03 Aug 2010 08:11:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008030815084375000.jpgThe music album of Super Star Rajinikant's much awaited film 'Endhiran' (Robo in telugu), with music score by Oscar winner AR Rahman, is the second top downloaded album in Apple iTunes Store in the US and UK. This is probably the highest ranked Indian film album in the US and UK music charts.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Endhiran-is-2nd-top-downloaded-iTunes-album-in-UK-and-US.htmlTue, 03 Aug 2010 07:26:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008030731255312500.jpgHindalco Industries Ltd, an Aditya Birla Group company, reported Rs 534 crore for the quarter ended June 30, 2010, an increase of 10 per cent, as against Rs 481 crore during the corresponding period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hindalco-posts-Rs-534-cr-net-in-Q1--up-10-pc.htmlTue, 03 Aug 2010 07:20:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Capital Pte Limited, Singapore on Tuesday announced that it has concluded a partnership agreement with Mizuho Securities Co. Ltd focused on developing a growth capital private equity business in the country.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Capital-inks-partnership-with-Mizuho-Securities.htmlTue, 03 Aug 2010 07:20:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/P.R. Somasundaram assumed charge as Managing Director and Chief Executive Officer of Lakshmi Vilas Bank on August 2, 2010. He is B.com, ACA, ICWAI and PG in Management Accountancy with all India merit certificate. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lakshmi-Vilas-Bank-gets-new-MD-and-CEO.htmlTue, 03 Aug 2010 07:00:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/As part of its annual initiative, to create awareness around conservation and global warming across the globe, National Geographic will hold an exclusive national platform to discuss, debate and determine the path forward for our planet this September in New Delhi. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nat-Geo-begins-hunt-for-nation’s-‘Eco-Heroes’.htmlTue, 03 Aug 2010 06:57:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mirah Group, one of India's leading business houses and the name behind prominent food and beverage (F&B) brands including Rajdhani and Manchester United Café Bar, is expanding its Indian F&B segment with an investment of over Rs. 100 crore by 2012.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mirah-Group-to-expand-food-and-beverage-biz-with-Rs.-100-cr.htmlTue, 03 Aug 2010 06:40:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam has announced a parnership with Sybase Software India Ltd, the Indian subsidiary of Sybase Inc to provide secured enterprise mobility solutions to customers globally.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-enters-deal-with-Sybase-for-enterprise-mobility-solutions.htmlTue, 03 Aug 2010 06:11:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Unichem Laboratories Limited has received ANDA approval from the United States Food and Drug Administration (U.S. FDA) for its Bisoprolol and Hydrochlorothiazide tablets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Unichem-Labs-receives-ANDA-approval-from-USFDA.htmlTue, 03 Aug 2010 05:59:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/JetLite, the wholly owned subsidiary of Jet Airways India Ltd, has unveiled a new uniform for its staff to deliver a superior guest experience. The uniform, an important has been designed by renowned Italian fashion designer Roberto Capucci.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-designer-Uniforms-for-JetLite-crew-members.htmlTue, 03 Aug 2010 05:52:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Air passengers departing from Mumbai domestic airport during August 1st – 30th, 2010 can now keep themselves engaged, entertained and explore an opportunity to win 5 stylish ASUS EeePC (netbooks) and lots of other great prizes while they await their boarding calls. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now-win-ASUS-EeePC-netbooks!.htmlTue, 03 Aug 2010 05:41:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/German car-maker Volkswagen has sold 2,597 units in India last month with a 36 per cent month-on-month growth in sales, said the company on Tuesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Volkswagen-sells-2-597-cars-in-India-in-July.htmlTue, 03 Aug 2010 05:19:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Cognizant Technology Solutions clocked a 22 per cent growth in net profit to $172.2 million for the second quarter ended June 2010 as compared to the corresponding quarter the previous year. Revenues during the quarter rose to $1.105 billion, up 42 per cent from the quarter ended June 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cognizant-net-up-22-pc-in-June-quarter.htmlTue, 03 Aug 2010 05:06:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008030511052968750.jpgiXiGO.com (www.ixigo.com), a travel search engine, has been named a NASSCOM emerge 50 company for 2010 (http://blog.nasscom.in/emerge/2010/07/its-time-to-unveil-the-nasscom-emerge-50-for-2010/). http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=iXiGO.com-named-NASSCOM-emerge-50-company.htmlTue, 03 Aug 2010 05:05:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Keeping enormous requirement of healthcare professionals in the country in coming years in view, Apollo Hospitals Group is aiming to produce one-lakh healthcare professionals a year within next five years, according to its Chairman, Dr Pratap C Reddy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-aims-to-produce-1-lakh-healthcare-professionals-a-yr.htmlTue, 03 Aug 2010 03:10:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008030318143906250.jpgGulf Oil Corporation Ltd., a Hinduja Group company, has reported a 51 per cent rise in profit from operations before other income, interest and exceptional items for Q1 at Rs 13.30 crore as against Rs 8.80 crore in the corresponding quarter of FY10. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gulf-Oil-posts-51-pc-rise-in-Q1-net-profit.htmlTue, 03 Aug 2010 02:53:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ensuring that new jobs and industries do not go to India and China helped America in its road to economic recovery said the US President Barack Obama. His new economic plan was focused on making the American middle class more secure and US more competitive in the long run, he said. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Keeping-jobs-away-from-India--China-helped-US-recovery-Obama.htmlTue, 03 Aug 2010 01:24:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008030126540625000.jpgIntertek, a leading provider of quality and safety solutions across a wide range of industries, has announced the opening of a center of excellence food testing laboratory in Gurgaon to provide enhanced testing services for ready-to-eat products. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-Food-Testing-Laboratory-at-Gurgaon-for-ready-eat-food-sector.htmlTue, 03 Aug 2010 11:07:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hindalco is setting up a 1.5 million tonnes per annum alumina refinery in Rayagada district of Orissa through its subsidiary Utkal Alumina International Ltd, its 100 per cent subsidiary. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hindalco-to-set-up-1.5-mtpa-alumina-refinery-in-Orissa.htmlTue, 03 Aug 2010 11:02:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/ Higher sales during the quarter has helped Suryavanshi Spinning mills clock come out of the red and post a net profit of Rs 2.61 crore for the quarter ended June 2010 as compared to a net loss of Rs 1.34 crore reported during the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suryavanshi-Spinning-back-to-black-in-Q1-on-higher-sales.htmlTue, 03 Aug 2010 11:01:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Passenger car market leader, Maruti Suzuki has effected a price hike across all its models, except Alto, by up to Rs 7,500, with immediate effect. The price hike was being effected due to high input costs which the company was passing on to the customers, said Maruti on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-hikes-prices-across-all-models.htmlMon, 02 Aug 2010 09:57:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008021000418281250.jpgEveronn Education Limited, the largest VSAT education network in the world, inaugurated the IIPS campus at Hyderabad, through its subsidiary Everonn Business Education Limited (EBEL).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Everonn-sets-up-IIPS-management-school-in-Hyderabad.htmlMon, 02 Aug 2010 09:52:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vodafone has announced a special service pack on the occasion of Friendship Day. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Friendship-Day-special-deals-from-Vodafone.htmlMon, 02 Aug 2010 08:13:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/DTH service provider Reliance BIG TV has introduced two new interactive services, “iHolidays” and “iMall” to its existing bouquet of iServices. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Travel-and-shopping-made-easy-for-Reliance-Big-TV-viewers.htmlMon, 02 Aug 2010 08:09:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ramco Systems, a leading IT products firm, saw a dip in its net profit for the quarter ended June 2010 to Rs 25 lakh as against a sum of Rs 73 lakh during the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramco-Systems-net-falls-to-Rs-25-lakh-in-Q1.htmlMon, 02 Aug 2010 08:03:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Aurobindo Pharma Ltd hopes to garner revenues of $350 million revenues from its US operations this fiscal as compared to $200 million last year. The company is banking on its strategic alliance with Pfizer and new product launches lined up for the US market.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aurobindo-Pharma-expects-$350mn-revenues-from-US-operations.htmlMon, 02 Aug 2010 07:59:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008020803139843750.jpgHCL Infosystems led consortium bagged contract from Govt. of Madhya Pradesh for the implementation of Targeted Public Distribution systems (TDPS) based on food–coupon. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Infosystems-bags-PDS-order-from-MP.htmlMon, 02 Aug 2010 06:55:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Cadbury Dairy Milk (CDM), the flagship brand of Cadbury India, recently launched a new campaign, “Shubh Aarambh”.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cadbury-Dairy-Milk-launches-new-campaign.htmlMon, 02 Aug 2010 06:35:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/Song Advisors backed by the Soros Economic Development Fund, Omidyar and Google, in academic partnership with the Centre for Emerging Markets Solutions (CEMS) at Indian School of Business (ISB) has made its maiden investments in affordable education and healthcare.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ISB-based-Song-Fund-invests-in-education-and-healthcare.htmlMon, 02 Aug 2010 06:22:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/MIC Electronics Ltd, a leading player in LED Video displays, high end electronic and telecom equipment has clocked a 60 per cent rise in net profit to Rs 18.30 crore for the quarter ended June 2010 as against a sum of Rs 11.46 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MIC-Electronics-net-up-60-pc-in-Q1.htmlMon, 02 Aug 2010 05:56:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/SBI Life Insurance posted a net profit of Rs.114 crore for the quarter ended June 2010, a growth of 195 per cent over the same period last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SBI-Life-posts-Rs-114-cr-net-in-Q1.htmlMon, 02 Aug 2010 05:42:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Automaker Mahindra & Mahindra sold 28,049 vehicles during July this year, an upswing of 24.31 per cent over the sales of 22,563 in July last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=M-and-M-sales-up-24-pc-in-Q1.htmlMon, 02 Aug 2010 05:16:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sujana Energy Limited has entered into a technology partnership with The Energy and Resources Institute (TERI), under the latter’s flagship program ‘Lighting a billion lives’ (LaBL) to provide clean and safe lighting through new models of solar lanterns.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sujana-Energy-partners-TERI-for-solar-LEDs.htmlMon, 02 Aug 2010 04:16:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008020617409531250.jpgAurobindo Pharma has announced the receipt of final approval from the US Food and Drugs Administration (USFDA) for Ranitidine syrup 15mg (base)/ml.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Aurobindo-receives-USFDA-nod-for-Ranitidine-syrup.htmlMon, 02 Aug 2010 04:15:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti Airtel, one of the leading telecom companies in India, has launched Value Added Services Pack for Ramzan with special services and call rates.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Airtel-launches-Ramzan-special-offers.htmlMon, 02 Aug 2010 03:54:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Hypercity, one of city’s largest hypermarkets with more than one lakh sq ft of space, clocked sales of Rs 100 crore during its first-year operations in the city. It stocks over 44,000 products sourced from both local and global markets and has turned into an attractive destination for shoppers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hypercity-clocks-Rs-100-cr-sales--plans-3-new-outlets-in-city.htmlMon, 02 Aug 2010 03:33:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008020433335000000.jpgCity-based Padmalaya Telefilms Limited on Monday reported a net loss of Rs 50.3 lakh for the quarter ended on June 30, 2010, as against Rs 69.82 lakh during the same period a year ago. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Padmalaya’s-net-loss-declines-to-Rs-50-lakh-in-Q1.htmlMon, 02 Aug 2010 02:46:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Motors Limited sold a total of 67,799 vehicles during July this year, up 41 per cent over July 2009 sales of 48,054 units. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Motors-sales-up-41-pc-in-July.htmlMon, 02 Aug 2010 02:27:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ramco Systems, a part of Ramco Group, presented Ms. Preethi, Gold Medalist in junior girls’ category of Parsvnath Commonwealth Games, New Delhi with a high-end laptop.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramco-Systems-honours-chess-player.htmlMon, 02 Aug 2010 01:47:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chennai-based BGR Energy Systems Limited on Monday reported Rs 60.54-crore net profit for the quarter ended on June 30, a growth of 199 per cent from Rs 20.24 crore net the company churned out during the first quarter of last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=BGR-Energy-net-triples-to-Rs-60.54-cr-in-Q1.htmlMon, 02 Aug 2010 01:28:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Tanla Solutions, a leading software and services provider for the telecom space, became the first Indian company to offerlive services over 3G network. The company, on Monday announced the deployment of video mail service for MTNL's 3G users.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tanla-Solutions-deploys-3G-video-mail-services-for-MTNL.htmlMon, 02 Aug 2010 12:50:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008020451277656250.jpgPassenger car market leader, Maruti Suzuki has crossed the 1 lakh mark in sales in July 2010 yet again, when the company sold 1,00,857 vehicles in the month as against 78,074 units in July last year, representing a 33 per cent growth in sales.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Marutis-sales-volume-crosses-1-lakh-yet-again-in-July.htmlMon, 02 Aug 2010 12:06:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008021250004062500.jpgRiding on the success of its small car Micra, Nissan Motor India Private Ltd (NMIPL), Indian arm of Japanese carmaker Nissan, on Monday said it registered total sales of 1005 units during July 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Micra-drives-Nissan-India-sales-to-1005-units-in-July.htmlMon, 02 Aug 2010 11:55:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/201008021159109062500.jpgLarsen & Toubro Ltd has bagged an order valued at Rs 6,500 crore for setting up a 1,980 MW thermal power plant in Karchana District, near Allahabad in Uttar Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-bags-1980-MW-thermal-plant-order-for-Rs-6-500-cr.htmlMon, 02 Aug 2010 10:28:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bajaj Auto Ltd clocked its highest ever sales figures of 3.18 lakh vehicles for the month of July 2010, which was a 65 per cent growth over 1.92 lakh units in July 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bajaj-achieves-highest-ever-sales-of-3-lakh-vehicles-in-July.htmlMon, 02 Aug 2010 09:42:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Madhucon Projects Ltd has posted a flat growth in net profit to Rs 13.45 crore for the quarter ended June 2010 as against Rs 13.08 crore registered in the corresponding quarter the previous fiscal. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Madhucon-Projects-net-flat-at-Rs-13-cr-in-Q1.htmlSat, 31 Jul 2010 06:47:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/IIIT Hyderabad’s MSIT division on Saturday celebrated Achievers’ Day to felicitate the batch of 2010 in view of their successful placements reflecting the growth and revival of the economy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MSIT-celebrates-Achievers’-Day-to-felicitate-2010-batch.htmlSat, 31 Jul 2010 06:38:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Oil and Natural Gas Corporation Limited (ONGC) on Saturday reported 24.5 per cent drop in its Q1 net profit from Rs 4,848 crore a year ago to Rs 3,661 crore last quarter on the account of ‘excessive subsidy discounts’.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Subsidies-bring-down-ONGC-net-by-24.5-pc.htmlSat, 31 Jul 2010 06:36:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310641044531250.jpgICICI Bank has clocked a 17 per cent increase in net profit to Rs 1,026 crore for the quarter ended June 2010 from Rs 878 crore for the corresponding quarter last year. Total deposits were marginally down at Rs 2,00,913 crore while the loan book of the Bank increased to Rs 1,84,378 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICICI-Bank-net-up-17-pc-in-Q1.htmlSat, 31 Jul 2010 06:28:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310634123437500.jpgIn view of the immense potential that the food and agro industry holds for small and medium rnterprises (SMEs), IndiaMART.com, India's largest online B2B marketplace, has decided to sponsor a leading trade event in the sector - 6th Food & Technology Expo 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IndiaMART.com-to-sponsor-6th-Food-and-Technology-Expo-2010.htmlSat, 31 Jul 2010 05:38:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/In an attempt to arrest the erosion in its marketshare, Maruti Suzuki, India’s largest carmaker, is gearing itself up to launch CNG versions of five of its models on a single day in the second week of August this year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-to-unveil-5-CNG-version-cars-in-a-single-day.htmlSat, 31 Jul 2010 05:22:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310536172968750.jpgBorn to a musician couple, Telugu prodigy Sai Manapragada has always hooked himself on to his musical moorings. His bright education perched him in the top job of Chief Technology Officer at Picongen Wireless. Sai's rendition of 'Maa Tujhe Salaam' in 150 languages got him a Guinness record.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Technology-unwired--music-unplugged---Sai-Manapragada.htmlSat, 31 Jul 2010 04:24:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310439038281250.jpgThe city-based Virinchi Technologies Ltd. has posted a consolidated net profit of Rs 1.33 crore for the first quarter ending on June 30, 2010. The company had earned Rs 1.01 crore in the corresponding period of FY10. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Virinchi-Technologies-posts-Rs-1.33-cr-net-profit.htmlSat, 31 Jul 2010 03:15:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/The city-based Natco Pharma Ltd. has posted a consolidated net profit of Rs 10.59 crore for the first quarter ending on June 30, 2010. The company had earned Rs 8.15 crore in the corresponding period of FY10. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Natco-Pharma-net-rises-30-pc-to-Rs-10.59-cr.htmlSat, 31 Jul 2010 02:21:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/The city-based Divyashakti Granites Ltd. has posted a net profit of Rs 3.16 crore for the first quarter ending on June 30, 2010. The company had earned Rs 31 lakh in the corresponding period of FY10.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Divyashakti-Granites-net-rises-9-times--posts-Rs-3.16-cr-profit.htmlSat, 31 Jul 2010 02:05:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Andhra Cements is planning to raise a sum of Rs 18.64 crore through a preferential issue to HDFC Ltd and IDFC. The Board of the company that met on Friday approved the proposal to raise about Rs 18.64 crore through the issue of shared on a preferential basis to HDFC Ltd and IDFC Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhra-Cements-to-raise-Rs-18-cr-through-preferential-issue.htmlSat, 31 Jul 2010 01:37:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310139238750000.jpgBank of India posts a net profit of Rs 725.13 crore for the first quarter ended on June 30, 2010, an increase of 19 per cent, as compared to Rs 584.32 crore during the same period a year agohttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bank-of-India-net-up-19-pc-at-Rs-725-cr.htmlSat, 31 Jul 2010 01:10:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/Virat Crane Industries Ltd, the makers of the Crane brand of beetlenuts, has posted a consolidated net profit of Rs 32.23 crore for the first quarter of FY11 ending on June 30, 2010. The company had earned Rs 36.01 crore in the corresponding quarter in FY10. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Virat-Crane-increases-sales--but-net-falls-to-Rs-32-lakh.htmlSat, 31 Jul 2010 01:10:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007310114224531250.jpgHigher fuel costs resulted in GVK Power and Infrastructure Ltd posting a flat net profit for the concluded quarter despite a 47 per cent growth in sales. Consolidated net profit of the company clocked a marginal increase to Rs 33.39 crore for the quarter ended June 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GVK-Power-and-Infra-net-flat-in-Q1-on-high-fuel-costs.htmlSat, 31 Jul 2010 12:32:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007311235475625000.jpgLeading enterprise communications solutions integrator AGC Networks Ltd , formerly Avaya GlobalConnect, on Saturday reported a net profit of Rs. 7.36 crore for the quarter ended on June 30, an increase of 42.4 per cent from the net during corresponding period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AGC-Networks-posts-Rs-7.36-cr-net-in-Q3.htmlSat, 31 Jul 2010 12:31:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Toshiba has launched its new range of LED TVs in the Indian market. The new Toshiba REGZA backlit LED TVs XL700 series come in three sizes, 138.7cms (55XL700E), 117.5cms (47XL700E) and 106.7cms (42XL700E), with their Toshiba technologies. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Toshiba-launches-its-LED-TV-range.htmlSat, 31 Jul 2010 12:20:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/IVRCL on Friday announced the completion of the sea water desalination plant at Minjur, near Chennai. This desalination plant located at a 60 acre plot at Kattupalli Village, Ponneri Taluk has been set up with the capacity to supply 100 million liters of potable water per day.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IVRCL-announces-completion-of-Sea-Water-Desalination-Plant-at-Chennai.htmlFri, 30 Jul 2010 08:07:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/The ambitious Unique Identification initiated by the Government of India has identified its first user. The Ministry of Petroleum and Natural gas has sought the help of Unique Identification Authority of India (UIDAI) for the issue of smart cards for users of domestic LPG and PDS Kerosene.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Biometric-identification-for-LPG-connection-holders-soon.htmlFri, 30 Jul 2010 08:05:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300807292187500.jpgSify Technologies Limited, a leader in Enterprise and Consumer Internet Services, has posted a higher net loss of $3.23 million for the quarter ended June 2010 as compared to a net loss of $2.76 million for the corresponding quarter the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sify-posts-higher-net-loss-of-$3.23-mn-in-Q1.htmlFri, 30 Jul 2010 08:03:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Power Ltd., a Reliance ADAG Group company, has posted a drop in its net profit to Rs 195.40 crore (Rs 263.31 crore) for the first quarter ending on June 30, 2010. This represents a 25 per cent drop in its net profit. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Reliance-Power-net-drops-25-per-cent-to-Rs-195.40-cr.htmlFri, 30 Jul 2010 07:46:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Annik Technology Services, a leading knowledge process outsourcing (KPO) group headquartered in Gurgaon and provides value added services in the market research and data management spaces has outlined its global expansion plans. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Annik-Technology-Services-unveils-global-expansion-plans.htmlFri, 30 Jul 2010 07:11:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/The consortium led by Mahindra Satyam, the rename entity of Satyam Computers, was among the three which were selected for first-phase implementation of Aadhaar programme of Unique Identification Authority of India that aims to provide unique identification numbers to all the Indian citizens.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam--two-other-secure-UID-deal.htmlFri, 30 Jul 2010 06:55:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300701512812500.jpgHCL Infosystems, India’s premier hardware, services and ICT systems integration and distribution company, on Friday announced the successful deployment of the largest Airport Operation Control Centre (AOCC) in the country for the new terminal (T3).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Info-deploys-airport-operation-control-centre-at-Delhi-airport.htmlFri, 30 Jul 2010 06:36:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300748491250000.jpgCorporate companies in India owe a total sum of Rs. 75,509 crore as outstanding taxes as on April 1, 2009. Of these a sum of Rs 9,748 crore was recovered in the year 2009-10 said the Minister of State for Finance, SS Palanimanickam in the Lok Sabha on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-Inc-owes-the-Indian-Govt-Rs-75-000-cr-in-taxes.htmlFri, 30 Jul 2010 06:29:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300649545781250.jpgChennai-based Bafna Pharmaceuticals Ltd, a manufacturer and exporter of drug formulation, has clocked a 66 per cent growth in net profit to Rs 1.59 crore for the quarter ended June 2010 as against Rs 95.79 lakh registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bafna-Pharmas-Q1-net-profit-up-66-pc.htmlFri, 30 Jul 2010 04:18:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/Fair & Lovely Foundation is offering scholarships upto Rs 1 lakh each for young girls from Andhra Pradesh, who are pursuing graduation, post-graduation and PhD courses.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Fair-and-Lovely-Foundation-offers-scholarships-for-AP-girls.htmlFri, 30 Jul 2010 04:18:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Infrastructure major, Hindustan Construction Company (HCC) has clocked a 55 per cent growth in net profit to Rs 28.31 crore for the quarter ended June 2010 as against Rs 18.19 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCC-net-grows-55-pc-in-Q1;-issues-bonus-shares.htmlFri, 30 Jul 2010 04:14:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Kireeti Soft Technologies Ltd., a software products and services company, is all set to enter the US (United States) healthcare and banking sectors by launching its ERP applications, said Sridhar Narra, Managing Director, Kireeti Soft Technologies Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now-send-gifts-to-your-loved-ones-on-gifts2nri.com.htmlFri, 30 Jul 2010 02:39:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300424464218750.jpgJapanese two-wheeler major Honda on Friday unveiled its new superbike VFR1200F, which carries an ex-showroom price tag of Rs 17.5 lakh in Delhi.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Honda-India-launches-Rs-17.5-lakh-superbike-VFR1200F.htmlFri, 30 Jul 2010 02:16:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007300223069062500.jpgUninor on Friday announced that it extended the location-based dynamic pricing plan, which offers up to 60 per cent discount on the one-paisa per second billing, to STD calls. The discounted pricing is also valid for calls from Uninor to other telecom operators.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Uninor-extends-dynamic-discount-to-STD-calls.htmlFri, 30 Jul 2010 01:40:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lavassa Corporation, the real estate subsidiary of Hindustan Construction Company Ltd (HCC), is planning to raise about Rs 2,000 crore through an initial public offering (IPO).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lavassa-Corp-to-raise-Rs-2-000-cr-through-IPO.htmlFri, 30 Jul 2010 12:46:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Pennar Industries, a manufacturere of steel cold rolled strips, has clocked a net profit of Rs 16.46 crore for the quarter ended June 2010 registering a 52 per cent growth over the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pennar-Industries-net-up-52-pc-in-Q1.htmlFri, 30 Jul 2010 12:43:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/Noel Naval Tata, who is widely expected to step into shoes of Ratan Tata as chairman of Tata Group, was appointed as the Managing Director of Tata International Limited, a company that handles overseas trade of Tata Group.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Noel-Tata-moves-to-Tata-International-as-MD.htmlFri, 30 Jul 2010 12:26:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/National Thermal Power Corporation Ltd has announced that its Unit 6 of 490 MW of National Capital Thermal Power Project, Dadri has been commissioned on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTPC-commissions-490-MW-thermal-project-at-Dadri.htmlFri, 30 Jul 2010 11:13:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lanco Infratech Ltd has bagged a contract from Maharashtra State Power Generation Co Ltd (Mahagenco) to set up a 1,980 MW thermal power plant in Maharashtra. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lanco-Infra-to-set-up-1-980MW-thermal-power-plant-for-Mahagenco.htmlFri, 30 Jul 2010 10:28:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Research in Motion (RIM), maker of Blackberry smartphones has promised that it would address the issue of security raised by the Indian Government soon. The Canadian company, assured the Home Ministry that the issue of monitoring of emails exchanged through BlackBerry would be sorted out soon. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIM-to-address-Indias-security-concerns-on-Blackberry.htmlThu, 29 Jul 2010 07:15:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007290732238125000.jpgDue to steep rise in commodity prices and additional expenditure occured due to conversion to new emission norms, two-wheeler major Hero Honda has witnessed a marginal fall in its net profit to Rs 491.69 crore for the quarter ended June 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hero-Honda-Q1-net-falls-with-higher-input-prices.htmlThu, 29 Jul 2010 07:05:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/iRam Technologies, a developer of smart grid products and solutions to enable machines and humans connect to the mobile internet has announced the closing of an undisclosed amount towards its seed capital from strategic investors, including Livewire Advertising Pvt Ltd and iNetSolv. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=iRam-Technologies-receives-Seed-fund.htmlThu, 29 Jul 2010 07:01:57 GMThttp://www.andhrabusiness.com/NewsImageFiles/Commercial vehicles major Ashok Leyland has acquired 26 per cent stake in UK-based bus manufacturer Optare Plc, for a consideration of $7.5 million (around Rs 35 crore).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ashok-Leyland-buys-26-pc-stake-in-UK-based-bus-maker.htmlThu, 29 Jul 2010 05:42:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/ Leading machine tools and systems company MAG, which recently formed renewable energy business unit that would provide automation solutions for solar panel and wind turbine manufacturing, won a turnkey contract from G S Power for construction and installation of 5-MW solar power plant in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MAG--wins-5-MW-solar-plant-contract-from-G-S-Power.htmlThu, 29 Jul 2010 05:27:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/CA Technologies Inc. on Thursday announced that Lionel Lim will join the company as President of Asia Pacific, effective August 30, 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CA-Technologies-gets-new-MD-for-Asia-Pacific.htmlThu, 29 Jul 2010 05:19:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Coromandel International Limited, manufacturer of fertilisers and crop protection products (subsidiary of the Murugappa Group) was honoured with “Significant Achievement in HR Excellence” by the Confederation of Indian Industries (CII). http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Coromandel-bags-HR-excellence-award.htmlThu, 29 Jul 2010 05:10:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/Leading Non-Banking Finance Company (NBFC) Muthoot Finance Limited on Thursday announced that it raised Rs.157 crore in its first institutional round of funding from Baring Private Equity Partners India and Matrix Partners India for a minority stake in the Company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Muthoot-Finance-raises-Rs-157-cr-through-PE.htmlThu, 29 Jul 2010 04:34:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nagarjuna Fertilizers and Chemicals Ltd has clocked a 17 per cent growth in net profit to Rs 27.13 crore for the quarter ended March 2010 as against Rs 23.09 crore registered in the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Nagarjuna-Fertilizers-net-up-17-pc-in-Q1.htmlThu, 29 Jul 2010 04:27:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Oriental Bank of Commerce has posted a 41 per cent growth in net profit to Rs 363.31 crore fo rthe quarter ended June 2010 as against a sum of Rs 257.41 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Oriental-Bank-of-Commerce-net-up-41-pc-in-Q1.htmlThu, 29 Jul 2010 04:24:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bank of Baroda has posted a 25 per cent growth in net profit to Rs 859.16 crore fo rthe quarter ended June 2010 as against a sum of Rs 685.38 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bank-of-Baroda-net-up-25-pc-in-Q1.htmlThu, 29 Jul 2010 04:21:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/emiconductor Equipment and Materials International (SEMI) chalked out a mission to increase annual solar power generation to 6 lakh MW by 2030 so that about three per cent of the global energy needs would be met through solar energy source, said Dan Martin, Executive Vice President, PV Group, SEMI.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SEMI-aims-6-00-000-MW-of-solar-power--globally-by-2030.htmlThu, 29 Jul 2010 04:15:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Unfazed by the global economic slowdown, the Top 20 Indian BPO firms grew their combined exports earnings by 15%, in the just concluded fiscal 2009-10, to touch revenues of $6.1 billion.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Export-revenues-of-top-20-BPOs-touch-$6-b-in-FY-‘10.htmlThu, 29 Jul 2010 04:14:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/The U.K. Border Agency (UKBA) has announced that the TOEFL test is now accredited to demonstrate English language proficiency for students under tier 4 (general) of the points-based system throughout the United Kingdom. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=U.K.-Border-Agency-to-accept-TOEFL-test-for-student-visas.htmlThu, 29 Jul 2010 03:49:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/Amara Raja Batteries Ltd., a player in the lead acid storage batteries, has posted a dip in its net profit to Rs 35.72 crore (Rs 42.57 crore)for the quarter ending on June 30, 2010. This represents a 16 per cent fall in the company’s net profit.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Amara-Raja-Batteries-net-dips-16-pc-to-Rs-35.72-cr.htmlThu, 29 Jul 2010 03:09:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007290312161406250.jpgAndhra Bank has posted a net profit of Rs 320.40 crore for the quarter ending on June 30, 2010 compared to Rs 256.22 crore earned in the corresponding quarter of FY09. The total income of the bank rose to Rs 2073.23 crore for the quarter ended June 30.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhra-Bank-posts-Rs-320.40-cr-net-profit-for-Q1.htmlThu, 29 Jul 2010 02:26:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007290231181718750.jpgHuawei Technologies Co Ltd., a leader in providing next-generation telecommunications network solutions for operators around the world, on Thursday announced its entry into the Indian open market with the launch of its new series of handset devices - “Hangout” and “Android”.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Huawei-unveils-new-mobile-devices.htmlThu, 29 Jul 2010 01:04:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/There are various factors can negatively affect the value of your real estate assets like rising inflation, taxation and destiny. It is important to know what these factors are. Karun Varma of Jones Lang LaSalle Meghraj tells you how to make the right property decisions.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Factors-that-could-affect-your-Real-Estate-investment.htmlThu, 29 Jul 2010 12:58:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007290114573437500.jpgSun Pharma was in for some relief on Wednesday on the patent law suit with Eli Lily after the US Court of Appeals for the Federal Circuit affirmed the judgment of the US District Court of Michigan against Eli Lily and Co, finding certain claims of US Patent No. 5,464,826 invalid. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sun-Pharma-gets-favourable-verdict-from-US-Fed-Court-on-patent-suit.htmlThu, 29 Jul 2010 11:16:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/Horlicks Wizkids 2010 by Krayon, the country’s biggest interschool fiesta started off in Hyderabad this week. The winners of the Hyderabad edition, Naina Thiran of NASR School and Aparna Abhimenyu of Hyderabad Public School will represent the city at the national finals in November 2010. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-Wizkids-to-contend-with-champ-from-Pakistan--Sri-Lanka-and-Nepal.htmlThu, 29 Jul 2010 11:09:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Higher expenditure and a fall in BPO revenues resulted in HCL Technologies posting a 4 per cent slump in net profit to Rs 1,259 crore for the year ended June 2010 as against a net profit of Rs 1,319 crore for the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Tech-net-falls-4-pc-in-2009-10.htmlThu, 29 Jul 2010 09:52:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Computer users in India purchased 8.03 million units of personal computers, including desktops and laptops in 2009-10, representing an 18 per cent rise over the previous fiscal, according to numbers released by Manufacturer's Association for Information Technology (MAIT) on Wednesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Personal-computers-sales-up-18-pc-in-2009-10.htmlWed, 28 Jul 2010 10:07:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/The government has said that the makers of BlackBerry - Research in Motion (RIM) - have to address its security concern by offering monitoring facility, else the popular smartphone company will have to shut its shop in India, reports PTI.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Central-Government-puts-BlackBerry-on-notice.htmlWed, 28 Jul 2010 07:50:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007280755094062500.jpgInternet major Google is said to be in talks with popular online games companies as a part of its plans to launch a Facebook rival, according to media reports emanating from the US.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Google-likely-to-come-out-with-Facebook-rival.htmlWed, 28 Jul 2010 07:33:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007280735186093750.jpgGranules India Ltd., a vertically integrated formulation manufacturer, announced several new leadership roles within the company. Bhaskar Krishna Arumugam, who previously served as Chief Operating Officer, will serve as Chief Executive Officer.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Granules-India-rejigs-top-brass.htmlWed, 28 Jul 2010 07:22:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Agro Tech Foods has clocked a 25 per cent growth in net profit to Rs 4.10 crore for the quarter ended June 2010 as compared to a sum of Rs 3.26 crore registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Agro-Tech-Foods-Q1-net-up-25-pc.htmlWed, 28 Jul 2010 07:17:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/ICICI Bank has picked up 1.33 per cent stake in United Stock Exchange of India Limited (USE), India’s newest stock exchange for currency derivatives.ICICI Bank has picked up 1.33 per cent stake in United Stock Exchange of India Limited (USE), India’s newest stock exchange for currency derivatives.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICICI-Bank-picks-up-stake-in-United-Stock-Exchange.htmlWed, 28 Jul 2010 07:12:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharti AXA General Insurance and Coface South Asia Pacific have signed an agreement to build and provide Trade Credit Insurance to customers in India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharti-AXA-and-Coface-South-Asia-Pacific-to-provide-Trade-Credit-Insurance.htmlWed, 28 Jul 2010 07:09:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/QuEST Global Engineering, a leading engineering services provider, has extended its master agreement with Rolls-Royce to 2015. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=QuEST-Global-and-Rolls-Royce-extend-engineering-services-agreement.htmlWed, 28 Jul 2010 07:07:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Virtusa Corporation, a global IT services company that offers a broad spectrum of business consulting and outsourcing services, has initiated a novel pilot program towards supporting the One Laptop per Child (OLPC) program, a UN endorsed open source project.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Virtusa-to-back-one-laptop-per-child-programme.htmlWed, 28 Jul 2010 07:07:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lakshmi Vilas Bank on Wednesday announced that it would raise the interest rates on domestic term deposits deposited for above 181 days up to 2 years from August 2, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lakshmi-Vilas-Bank-raises-interest-rates-on-term-deposits.htmlWed, 28 Jul 2010 06:50:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Godrej Entranza, unveiled its range of ready to fit doors designed and engineered with outstanding levels of security, reliable operation and weather resistance, which can withstand the repercussion of the dampening monsoons or the scorching summers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Godrej-Entranza-unveils-ready-to-fit-doors.htmlWed, 28 Jul 2010 06:39:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Infrastructure major, IVRCL, is planning to make an offer for an additional 10 per cent stake in the Chennai Desalination project from its technical partner Befesa Agua. IVRCL and Spain-based Besesa hold 75:25 stake in Chennai Water Desalination Ltd (CWDL).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IVRCL-to-bid-for-technical-partners-stake-in-Chennai-desalination-plant.htmlWed, 28 Jul 2010 06:21:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007280626040000000.jpgCentral Government will soon hold a meeting with banks in Mumbai to facilitate bank finance for solar power sector in the country, according to Union Minister for New and Renewable Energy Dr Farooq Abdullah. His ministry would also appoint a chairman and CEO to focus on the solar energy sector.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Centre-to-facilitate-bank-finance-for-solar-energy.htmlWed, 28 Jul 2010 05:50:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007280604561093750.jpgIndia’s entertainment and media industry is poised to return to double digit growth according to PricewaterhouseCoopers in its latest report titled ‘Indian Entertainment and Media Outlook 2010’.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Entertainment--media-sectors-will-post-double-digit-growth-PwC.htmlWed, 28 Jul 2010 05:24:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Public sector undertaking Engineers India Ltd. (EIL), is considering joining hands with others to operationalize the now defunct Ramagundam coal-based fertilizer plant using gas, said R.K. Grover, Director (Projects), Engineers India Ltd.The company's order book runs to Rs 6,237 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramagundam-fertiliser-plant-to-be-gas-based-EIL.htmlWed, 28 Jul 2010 04:40:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007280617284375000.jpgReal estate developers are now back to developing luxury housing projects with spacious villas, swank duplex apartments and condominiums indicating a resurgence in the real estate sector after the slump witnessed in 2008 and 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Real-estate-developers-are-back-with-luxury-homes.htmlWed, 28 Jul 2010 11:12:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Students of the Indian School of Business (ISB) have launched the second ISB iDiya Challenge, a national competition of ideas for social ventures. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ISB-Invites-Ideas-for-Social-Ventures.htmlWed, 28 Jul 2010 11:10:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lower sales and higher expenditure has enforced a Rs 2.25 crore net loss for Panyam Cements and Industries Ltd for the quarter ended June 2010 as compared to a net profit of Rs 8.36 crore for the corresponding quarter last year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Panyam-Cements-posts-Rs-2.25-cr-net-loss-in-Q1.htmlWed, 28 Jul 2010 10:05:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Thirty-six anchor investors have on Tuesday bought 30,22,484 lakhs of SKS Microfinance Limited at Rs 985 per share for a total amount of Rs 297.7 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-Microfinance-raises-Rs-297-crore-from-anchor-investors.htmlTue, 27 Jul 2010 09:58:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/ApnaCircle.com, a business and career networking site, has now introduced its 'ApnaCircle share' icon in the leading websites as a touch point sharing tool.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ApnaCircle.com-launches-sharing-icon.htmlTue, 27 Jul 2010 07:38:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ezeego1.com, the online travel market place, in association with Australia's leading sports travel company Sportsnet, has announced a slew of sport travel holiday packages for Indian travelers for some of the major sporting events to be held across the world.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sport-Travel-packages-for-all-major-sporting-events--from-Ezeego.htmlTue, 27 Jul 2010 07:26:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/MakeMyTrip Limited, the parent company of one of India's largest online travel portals MakeMyTrip.com has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MakeMyTrip-to-be-listed-on-NASDAQ.htmlTue, 27 Jul 2010 07:24:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems has won the prestigious contract for digitising of data for Census of India, worth Rs 40 crore, from the Ministry of Home Affairs, Government of India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Infosystems-bags-Census-of-India-order-worth-Rs-40-crore.htmlTue, 27 Jul 2010 07:23:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/India’s diverse business conglomerate Reliance Industries Limited (RIL) on Tuesday reported 32.3 per cent jump in net profit at Rs 4,851 crore for the quarter ending on June 30, 2010, as compared to Rs 3,636 crore during the same period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RIL-Q1-net-surges-32.3-pc---sales-up-88-pc.htmlTue, 27 Jul 2010 07:18:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270725177656250.jpgTitan Industries Ltd. has increased its net profit to Rs 81.28 crore for the first quarter ending on June 30, 2010. The company had posted a net profit of Rs 46.04 crore in the corresponding quarter of FY09. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Titan-Industries-net-rises-76-pc-to-Rs-81.28-cr.htmlTue, 27 Jul 2010 07:09:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems Limited, a premier hardware, services and ICT system integration company on Tuesday held the “EduME’ educational series in Andhra Pradesh (AP) with the introduction of HCL ME Series 50 to the students of AP.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-‘EduME’-educational-summit-reaches-AP.htmlTue, 27 Jul 2010 06:24:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270627577656250.jpgTaxsmile.com, launched by Bangalore-based 3i Infotech Consumer Services Limited in 2008, facilitates e-filing of Income Tax Returns (ITRs) for individuals, salaried and corporate companies. Over 6,000 companies from all corners of India use the portal to file their ITRs and those of their employees.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=e-file-your-IT-returns-with-digital-signature-at-Taxsmile.com.htmlTue, 27 Jul 2010 06:09:59 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270620568437500.jpgRPG Group’s flagship company, Ceat Ltd., a leading tyre manufacturer, has grown top line in Q1 by 20.8 per cent over the same quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ceat-net-sales-up-by-20.8-pc-to-Rs-772-cr.htmlTue, 27 Jul 2010 05:55:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ramdas Pai, Chairman, Manipal Education and Medical Group, has announced the appointment of D. A. Prasanna as Chairman and Managing Director (CMD) of Manipal Acunova Ltd. He was previously the Vice Chairman of the company and takes over from Ramdas Pai. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Manipal-Acunova-gets-new-chairman-and-MD.htmlTue, 27 Jul 2010 05:05:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sify Technologies Limited has announced the launch of Sify mylife services in Hyderabad on Tuesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sify-launches-Mylife-cybercafes-with-a-new-avatar.htmlTue, 27 Jul 2010 04:58:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bonanza, one of the largest brokerage firm in India, has announced its foray into the education space as a content, faculty and expertise provider. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bachelors-Degree-in-Financial-Services-announced-by-Bonanza.htmlTue, 27 Jul 2010 04:52:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based SKS Microfinance Limited, a leading microfinance company in the country with a base of 68 lakh borrower base, will become the first microfinance company in the country to tap the capital markets when its initial public offering (IPO) hits the market on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-Microfinance-IPO-opens-on-Wednesday.htmlTue, 27 Jul 2010 04:47:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270731096875000.jpgManjushree Plantations Ltd. (MPL) with presence in the manufacture, export and trading of tea, coffee, black pepper and cardamom among others on Tuesday, launched its unique set of tea flavours in the city.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Manjushree-Plantations-launches-unique-tea-range-in-city.htmlTue, 27 Jul 2010 04:02:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270635523281250.jpgIn an effort to contain inflation and manage liquidity the RBI on Tuesday raised repo rates by 25 basis points to 5.75 pc, hiked reverse repo rates by 50 basis points to 4.50 pc and kept CRR constant at 6 pc. GDP growth projection for 2010-11 has also been revised to 8.5 pc.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RBI-hikes-repo-rate-by-25-bps--reverse-repo-by-50-bps.htmlTue, 27 Jul 2010 01:06:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007270109035937500.jpgEagle Conferencing, audio and web conferencing service provider, has launched its free conferencing scheme in India for conference calls. This innovative and aggressive pricing scheme allows any small and medium businesses to operate audio conferences in India without incurring any call charges. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Free-conference-calls-in-India-by-Eagle-Conferencing.htmlTue, 27 Jul 2010 11:05:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/One of Japan's largest steel maker, JFE Steel has picked up 14.9 per cent stake in JSW Steel for a consideration of Rs 4,800 crore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Japans-JFE-Steel-picks-up-14.9-pc-stake-in-JSW-Steel-for-Rs-4-800-cr.htmlTue, 27 Jul 2010 10:14:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Prithvi Information Solutions Ltd, has admitted to understating revenues and overstating reserves and profits amounting to Rs 300 crore, in its results for the quarter ended March 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prithvi-Infomation-System-admits-to-overstating-understating-accounts.htmlMon, 26 Jul 2010 11:30:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007261138593593750.jpgMadhavi Bathula, long time radio jockey (RJ) of prime time south Asian radio within the US, is now also the new voice of the Andhra immigrant community across the US. AndhraBusiness.com recently caught up with her to talk to her about her new Telugu program for the benefit of our readershttp://www.andhrabusiness.com/NewsDesc.aspx?NewsId=An-RJ-has-just-5-seconds-to-get-a-listeners-attention.htmlMon, 26 Jul 2010 08:21:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007260826532187500.jpg“Computer for just Rs1500!” screamed one leading Indian newspaper on Friday last – a headline more or less repeated across country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indian‘$35-computing-cum-access-device’-is-mostly-hype.htmlMon, 26 Jul 2010 07:29:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007260730517812500.jpgNational Thermal Power Corporation Ltd. has posted a net profit of Rs 1841.89 crore for the quarter ending on June 30, 2010. The company had posted Rs 2193.62 crore for the corresponding quarter in FY09. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTPC-net-falls-16-pc-to-Rs-1841.89-cr.htmlMon, 26 Jul 2010 07:27:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Software firm Tech Mahindra on Monday reported 9.65 per cent upswing in its net profit at Rs 144 crore for the first quarter of the current financial year as compared to Rs 131.6 crore in the same period a year ago.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tech-Mahindra-net-up-9.65-pc-at-Rs-144-cr.htmlMon, 26 Jul 2010 07:20:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/The country's first Microfinance company to hit the capital markets, SKS Microfinance has fixed the price band of its IPO at Rs 850 to Rs 985 per share. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-Microfinance-IPO-price-fixed-at-Rs-850-985.htmlMon, 26 Jul 2010 06:43:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Ramco Systems, the Global Aviation Maintenance & Engineering (M&E) and Maintenance, Repair & Overhaul (MRO) software provider, on Monday announced a global partnership with Idblue.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramco-Systems-and-Idblue-enters-tech-solutions-pact.htmlMon, 26 Jul 2010 06:10:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/DQ Entertainment (International) Ltd. has posted a rise in its consolidated net profit to Rs 26.67 crore for the year ending on March 31, 2010.The company had earned Rs 16.12 crore for the financial year ending March 31, 2009. This represents a 65 per cent rise in net profit for the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=DQ-Entertainment-net-rises-65-pc-to-Rs-26.67-cr.htmlMon, 26 Jul 2010 05:49:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007260600002656250.jpgRamky Infrastructure Ltd, the flagship of Ramky Group, recently bagged eight projects in Karnataka, Madhya Pradesh, Andhra Pradesh West Bengal, Uttar Pradesh and Puducherry, valued at Rs. 1052.02 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramky-Infra-bags-Rs-1-052-cr-new-projects.htmlMon, 26 Jul 2010 05:17:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/The restatement of foreign currency debt cost dearly for city-based drug formulations maker, Granules India, which clocked net profit of Rs 1.92 crore for the quarter ended June 2010 as against Rs 8.68 crore for the corresponding quarter the previous year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Granules-India-profit-falls-drastically-in-Q1-on-debt-restatement.htmlMon, 26 Jul 2010 04:20:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/GlaxoSmithKline Pharmaceuticals Ltd. has announced its financial results for the second quarter ended June 30, 2010. Net sales of the pharmaceuticals business grew by 12 per cent during the quarter. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GSK-net-sales-up-by-9-pc.htmlMon, 26 Jul 2010 03:09:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/Auto component maker Samkrg Pistons and Rings Ltd has doubled its net profit to Rs 2.17 crore for the quarter ended June 2010 as compared to Rs 1.13 crore during the corresponding quarter ended June 2009. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Samkrg-Pistons-doubles-net-profit-in-Q1.htmlMon, 26 Jul 2010 02:35:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bharat Forge Ltd. has posted a profit after tax of Rs 62.07 crore for the quarter ended June 30, 2010 as compared to net loss of Rs (46.14) crore for the quarter ended June 30, 2009. The company announced a combined and standalone revenues of Rs 1,913 crore and Rs 640 crore respectively. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharat-Forge-comes-out-of-red--posts-Rs-62.07-cr-profit.htmlMon, 26 Jul 2010 01:47:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based software firm Prithvi Information Solutions Ltd reported 52 per cent drop in net from Rs 17.63 crore during the first quarter of 2009-10 to Rs 8.4 crore in the first quarter ending on June 30, owing to losses from its telecom operations. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prithvi-Information-net-down-52-pc-at-Rs-8.4-cr-in-Q1.htmlMon, 26 Jul 2010 12:48:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/Taj GVK Hotels and Resorts Ltd. has earned a net profit of Rs 10.10 crore for the quarter ending on June 30, 2010. The group had posted a net profit of Rs 4.89 crore in the corresponding quarter of FY09.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Taj-GVK-Hotels-net-rises-by-107-pc-to-Rs-10.10-cr.htmlMon, 26 Jul 2010 12:36:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007260711219843750.jpgWith healthy growth in net sales, the net profit of Suryalata Spining Mills has almost tripled to Rs 3.54 crore for the quarter ended June 2010 as compared to Rs 95 lakh registered in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suryalata-Spinning-triples-net-profit-to-Rs-3.54-cr-in-Q1`.htmlMon, 26 Jul 2010 10:14:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Aided by an almost doubled sales revenue, Andhra Petrochemicals Ltd has slipped out of the red posting a net profit of Rs 4.31 crore for the quarter ended June 2010 as compared to a net loss of Rs1.65 crore in the corresponding quarter last year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Andhra-Petrochemicals-net-profit-at-Rs-4.31-cr-in-Q1.htmlMon, 26 Jul 2010 09:38:09 GMThttp://www.andhrabusiness.com/NewsImageFiles/“Computer for just Rs1500!” screamed one leading Indian newspaper on Friday last. Wire services including Reuters and AP helped spread the news even wider – so that someone at PC World got very excited and decided “India’s $35 PC is the Future of Computing” .http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indian‘$35-computing-cum-access-device’-is-mostly-hype.htmlMon, 26 Jul 2010 07:33:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007260742237031250.jpgEveryone is always searching for ways to express their bonds of friendship. Café Coffee Day, India’s largest retail chain of coffee café outlets, has rolled out an initiative to make things happen for friends in the run up to Friendship Day.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Celebrate-the-spirit-of-friendship-over-coffee.htmlSun, 25 Jul 2010 06:17:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007250634191250000.jpgHere we go again. Indian HRD minister Kapil Sibal has “launched” a $35 computer, evidently his “dream project”. The touch-screen, Linux-based device looks iPad inspired, but we know little about how it works. It emerged from a student project with a bill of material adding up to $47. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Why-Indias-$35-Joke-Isnt-Funny-Anymore.htmlSun, 25 Jul 2010 04:13:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007250423517812500.jpgIndian Oil Corporation (IOC), a public sector undertaking, on Saturday said it posted a new loss of Rs 3,388.39 crore during Arpil-June quarter this year as against Rs 3,682.83 profit in the same period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IOC-posts-net-loss-of-Rs-3-388-cr-in-Q1--sales-up-23-pc.htmlSat, 24 Jul 2010 04:45:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007240450450312500.jpgMaruti Suzuki, India’s leading carmaker, reported per cent dip in net profit from Rs 583.5 crore during the first quarter of last fiscal to Rs 465.4 crore last quarter. However, the automaker’s net sales went up by 27 per cent during last quarter to 8,050.7 crore during the same period.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-Suzuki-net-down-20-pc-in-Q1.htmlSat, 24 Jul 2010 04:03:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007240415050625000.jpgICSA (India) Ltd, provider of embedded technology solutions and infrastructure deployment services for the power sector, on Saturday launched its smart energy meter (SEM) manufacturing facility at Pashmailaram, Patancheru, Medak in Andhra Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICSA-sets-up-smart-meters-manufacturing-facility-in-AP.htmlSat, 24 Jul 2010 04:00:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007240433031875000.jpgDiat Foods India, which produces a brand of sugar free products under the name Sugarless Bliss, recently received a favourable verdict in a case filed by Cadila Health Care Ltd seeking an injunction restraining Diat Foods from using the words "Sugar Free" to describe its products. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Court-rules-in-favour-of-Diat-Food-India-in-‘Sugar-Free’-dispute.htmlSat, 24 Jul 2010 02:26:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/The day after the Economic Outlook 2010-11 predicted a 4 per cent growth in agriculture sector in the next two fiscals, the Prime Minister on Saturday said that agricultural performance may not meet the targeted 4 per cent growth in the Eleventh plan. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Agricultural-output-may-not-reach-target-of-4pc-PM.htmlSat, 24 Jul 2010 12:18:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007241222352187500.jpgElectrical equipment major, Legrand has announced that it has made an open offer to buy the Switchgear division of rival company Indo Asian Fusegear http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Legrand-makes-open-offer-for-Indo-Asian-Fusegearswitchgear-business.htmlFri, 23 Jul 2010 07:33:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/For those still struggling to file their IT returns, a new portal www.taxeworld.com has been launched to make the process much simpler and quicker.Launched by SBA Infotech Pvt. Ltd, it claims to be the first Indian Tax preparation and filing website.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Filing-your-IT-returns-is-much-easier-now.htmlFri, 23 Jul 2010 07:30:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007250431122968750.jpgDr Reddy's Laboratories Ltd (DRL) took up expansion activities with Rs 420 crore and added 2,300 new employees during the last fiscal, according to its chairman Dr K Anji Reddy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddy’s-invested-Rs-420-cr--added-2-300-staff--Anji-Reddy.htmlFri, 23 Jul 2010 07:19:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Consumer Complaints Council (CCC) of Advertising Standards Council of India (ASCI) barred Bajaj Allianz Shield Plus television commercial of Bajaj Allianz Life Insurance Co. Ltd and instructed modifications for two others.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ASCI-bars-Bajaj-Allianz-Ad--asks-for-changes-in-two-other.htmlFri, 23 Jul 2010 06:47:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/India is expected to become the second largest steel producing nation by 2012 with a targeted production capacity of 120 million tones, the Union Minister for Steel, Virbhadra Singh said on Friday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-to-become-2nd-largest-steel-maker-by-2012.htmlFri, 23 Jul 2010 06:17:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chennai-based Education Services Company, EdServ has launched an exclusive new mobile application for students to help them clear their doubts in their homeworks and assignments. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now-a-mobile-application-for-students-to-clear-homework-doubts.htmlFri, 23 Jul 2010 06:15:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Four Soft Limited, software service provider for logistics and transportation, reported a net profit of Rs 2.7 crore for the first quarter, up 460 per cent, as compared to Rs 48 lakh during the corresponding period last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Four-Soft-posts-Rs-2.7-cr-net-in-Q1--income-down.htmlFri, 23 Jul 2010 04:55:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Economic Outlook 2010-11 has predicted an 8.5 per cent growth in 2010-11 for the Indian economy. The Economic Outlook 2010-11, released by Dr C Rangarajan, Chairman, Economic Advisory Council has projected easing of inflation levels to 6.5 per cent by March 2011. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Economy-to-grow-8.5-pc-in-2010-11;-inflation-to-ease-to-6.5pc-by-March.htmlFri, 23 Jul 2010 04:22:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007230426162343750.jpgPharmaceutical and biotechnology major Wockhardt has received final approval from the USFDA for marketing the 25mg, 50mg, 100mg and 200mg extended-release tablets of Metoprolol succinate which is used for 24-hour control of hypertension and in improvement of survival after heart attack.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Wockhardt-gets-USFDA-nod-for-cardiac-drug.htmlFri, 23 Jul 2010 04:12:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/Special court handling multi-crore Satyam fraud case on Friday sought fresh report on the health condition of prime accused and disgraced Satyam founder B Ramalinga Raju from Nizam Institute of Medical Sciences (NIMS) where he was undergoing treatment for the past several months.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Satyam-case-Court-seeks-fresh-report-on-Raju’s-health.htmlFri, 23 Jul 2010 04:06:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems, a hardware, services and ICT systems integration and distribution company, on Friday announced its entry into the gaming market which aims to reach out to the children of the age-group of 4 to 15 years with special gaming content, rich with unique brain-train features. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Infosystems-forays-into-gamer-zone.htmlFri, 23 Jul 2010 03:17:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Andhra Pradesh topped in tourist arrivals in the country, with 12.9 crore travellers visiting the State last year, but it had not set any target for this year, according to Jayesh Ranjan, Secretary, Tourism, Youth Advancement and Culture Development, Andhra Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AP-tops-in-tourist-arrivals-last-year--but-no-target-for-this-yr.htmlFri, 23 Jul 2010 03:11:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007230615387500000.jpgHorlicks Wizkids 2010, an inter school literary and cultural fiesta is back in its seventh year. This year could see the participation of around 2,00,000 students from 1,500 schools across 17 cities in the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Horlicks-Wizkids-2010-rolls-out-for-seventh-year.htmlFri, 23 Jul 2010 02:54:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Carwale, a car website for prospective car buyers and owners, has kicked off a campaign to increase consumer awareness. The website gets around 1.8 million visitors per month who browse through 5,00,000+ pages of information, specifications and reviews covering all the cars in the country.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Carwale-kicks-off-consumer-awareness-campaign.htmlFri, 23 Jul 2010 02:23:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007230624017812500.jpgBiotechnology firm, Biocon Ltd has clocked a 33 per cent growth in net profit to Rs 77 crore for the quarter ended June 2010. Total income too grew by 33 per cent to Rs 672 crores during the quarter. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Biocon-net-profit-up-33pc-in-Q1.htmlFri, 23 Jul 2010 11:23:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Wipro Limited has clocked a 31 per cent growth in net profit to Rs 1,318.6 crore for the quarter ended June 2010.As per the IFRS Wipro clocked revenues of Rs 7,236 crore representing a 16 per cent growth the previous fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Wipro-net-profit-up-31-pc-in-Q1.htmlFri, 23 Jul 2010 09:46:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007230950581562500.jpgThe first set of 100 million Unique Identification (UID) numbers, which would according a unique identification number to every Indian citizen, are expected to be issued between August 2010 and March 2011. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=First-set-of-100mn-UID-numbers-to-be-issued-from-next-month.htmlThu, 22 Jul 2010 08:10:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/Attrition in companies in Hyderabad is expected to fall to 12 per cent for the June-September 2010 quarter compared to 17 per cent in the April-Junne 2010 quarter according to the Employment Outlook Report released by TeamLease Services here on Thursday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Attrition-down-in-companies-in-Hyderabad-Survey.htmlThu, 22 Jul 2010 07:46:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/ING Life, part of the ING Group, today declared record annual bonus rates for all its participating products and Best years’ Retirement Plans for the fiscal year 2009 – 2010. The bonus rates declared are amongst the best from the company so far. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ING-Life-declares-record-bonus-for-its-traditional-products.htmlThu, 22 Jul 2010 07:39:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/Dr Reddy’s Laboratories Ltd. fortunes have seen a turn around in the German market with a slew of measures taken to cut costs and the company is bullish on the prospects there, according to K. Satish Reddy, Managing Director, COO, Dr. Reddy’s Laboratories Ltd. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Fortunes-of-Dr-Reddy’s-turn-around-in-Germany.htmlThu, 22 Jul 2010 07:38:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/IVRCL Group is planning to exit from the real estate development business entirely by 2012 by selling off all its land assets to focus on urban and rural infrastructure development projects. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IVRCL-to-exit-real-estate-development-business-by-2012.htmlThu, 22 Jul 2010 07:34:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007220739128125000.jpgTata Docomo, the GSM brand of Tata Teleservices Limited, on Thursday introduced new pre-paid service plans for its BlackBerry customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Docomo-launches-new-plans-for-BlackBerry-customers.htmlThu, 22 Jul 2010 07:08:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Two days after its national launch, Toyota Corolla Altis diesel arrived into the city while Fiat launched its new hatchback Grand Punto 90 HP.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Toyota-Corolla-Altis-diesel--Fiat-Grande-Punto-launched.htmlThu, 22 Jul 2010 06:05:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Rolls-Royce Ghost, the ‘baby’ of Rolls-Royce family of luxurious limousines, arrived into AP on Thursday, with Navnit Motors Pvt Ltd, authorized dealer for Rolls-Royce Motors Cars for South and Western India, unveiling the automotive masterpiece at the Hyderabad International Auto Show 2010 here.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Baby’-Rolls-Royce-lands-in-Andhra-Pradesh.htmlThu, 22 Jul 2010 04:27:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007220445400156250.jpgDr Reddy's Laboratories posted a drop in revenues and a 14 per cent fall in net profit to Rs 209.6 crore for the quarter ended June 2010 as compared to Rs 244.5 crore net profit registered in the corresponding quarter of the previous fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddys-net-profit-down-14-pc.htmlThu, 22 Jul 2010 03:18:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007220322572968750.jpgConsim Info Pvt. Ltd. a company with major presence in verticals such as matrimony, jobs, property and classifieds has launched 40PlusMatrimony.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Matrimony-site-for-40-plus-olds-launched.htmlThu, 22 Jul 2010 02:12:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Shriram Transport Finance Company Ltd. has posted a net profit after tax of Rs 288.94 crore for the quarter ended June 30, 2010 as compared to Rs 164.42 crore for the corresponding quarter of FY10. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Shriram-Transport-net-rises-75.7-pc-to-Rs-288.94-cr.htmlThu, 22 Jul 2010 01:12:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/On July 24, 2010, people across the whole world will hit the record button to capture glimpses of their daily lives to showcase to the world, what a day in their lives is like. It is the day of shooting for the ambitious 'Life in a Day', documentary.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=YouTube-gears-up-for-Life-in-a-Day.htmlThu, 22 Jul 2010 11:40:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007221143543437500.jpgGlenmark Generics Inc, USA, a subsidiary of Glenmark Generics Ltd has announced the receipt of final ANDA approval from the US Food and Drugs Administration (USFDA) for its Norethindrone Acetate 5mg tablets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Glenmark-Generics-gets-USFDA-nod-for-hormonal-imbalance-drug.htmlThu, 22 Jul 2010 10:01:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/Pune-based Persistent Systems, a leader in outsourced software product development services, posted revenues of Rs 181 crore for the quarter ended June 2010, representing a growth of 37 per cent growth over the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Persistent-Systems-profits-Increase-by-97-pc-in-Q1.htmlWed, 21 Jul 2010 08:26:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata DOCOMO, the GSM brand of Tata Teleservices Limited, has introduced a unique customer service, ‘Live Chat’, aimed at ensuring prompt customer service as a key differentiator for Tata DOCOMO. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-DOCOMO-announces-Live-Chat-to-solve-customer-queries.htmlWed, 21 Jul 2010 08:06:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Finance Minister on Wednesday proposed the Government's roadmap for the phased implementation of Goods and Services Tax (GST) which includes differential GST rates for goods and services to start with. GST is to be implemented all over India from April 1, 2011.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=FM-proposes-20-pc-GST-on-goods--16-pc-on-services.htmlWed, 21 Jul 2010 08:00:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210804572656250.jpgRural Electrification Corporation Limited (RECL), a public sector undertaking involved in financing power projects, on Wednesday reported 24 per cent upswing in net profit for the first quarter this year from Rs 471 crore a year ago to Rs 587 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=REC-net-up-24-pc-in-Q1-at-Rs-587-crore.htmlWed, 21 Jul 2010 06:52:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vodafone Essar, a major cellular services provider, along with Research In Motion (RIM), a global leader in wireless innovation, on Wednesday announced the launch of BlackBerry service plans for its prepaid customers in India.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vodafone-unveils-new-plans-for-prepaid-BlackBerry-users.htmlWed, 21 Jul 2010 06:47:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Young Climate Savers, a joint initiative between WWF-India and Tetra Pak India, have taken up a school-based climate change and lifestyle education programme based on education for sustainable development and people’s participation. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Student-pledge-to-combat-climate-change.htmlWed, 21 Jul 2010 06:29:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/Seven major food and beverage companies announced on Wednesday a common commitment to responsible marketing to children.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Beverage-companies-pledge-to-advertise-responsibly.htmlWed, 21 Jul 2010 06:03:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Global Brands Enterprise Solutions Pvt. Ltd, the distributor for Akai brand of products in India and neighbouring countries, on Wednesday announced its plans to bring back Akai brand to India by launching a slew of new products, including ultra-slim LED, LCD, HD, CRT TVs and other products. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Akai-returns-to-India--aims-Rs-435-cr-turnover-this-year.htmlWed, 21 Jul 2010 05:39:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/Mahindra Satyam, the renamed entity of Satyam Computer Services Ltd, on Wednesday, launched Delivery xPress, an execution tool for its ERP customers for ensuring smooth and timely delivery. It is one-stop shop for all accelerators used in the faster execution of projects.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mahindra-Satyam-launches-Delivery-xPress.htmlWed, 21 Jul 2010 05:03:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210508330156250.jpgRivalry in the premium sedan segment turned fierce with arrival of Toyota Corolla Altis diesel into Indian market on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Toyota-Corolla-Altis-diesel-unveiled.htmlWed, 21 Jul 2010 04:44:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Cairn India Ltd, the Indian arm of the UK-headquartered Cairn Energy Plc, is about to start drilling at the KG-ONN-2003/1 block in Krishna-Godavari block soon. The drilling sites are located near the coastal districtof Guntur district of Andhra Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Cairn-India-to-begin-drilling-in-KG-basin-soon.htmlWed, 21 Jul 2010 04:16:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210420555937500.jpgWorld's leading provider of open source solutions, Red Hat Inc has announced the launch of Red Hat Enterprise Virtualization 2.2 which it believes will be the next step in the integration of its enterprise-grade server and desktop virtualization portfolio.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Red-Hat-launches-Enterprise-Virtualization-2.2.htmlWed, 21 Jul 2010 04:14:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Fortuneart LED and Lighting Pvt Ltd, part of city-based Electrical Lines group, has launched two very innovative products in electrical and lighting markets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=How-to-save-power-using-Fortuneart-LED.htmlWed, 21 Jul 2010 04:11:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/Come 2015, from Mukesh Ambani, the richest Indian, to a beggar in the street, all Indians will get 35 kg of food grains every month at Rs 3 a kg as a matter of right.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-universal-blunder.htmlWed, 21 Jul 2010 04:00:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210404229218750.jpgSwedish firm Axis Communication AB on Wednesday announced completion of first phase installation of its digital video surveillance network at Vizag Seaport Private Limited, which operates a bulk cargo handling terminal at Visakhapatnam Port.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Axis-installs-digital-surveillance-network-at-Vizag-Seaport.htmlWed, 21 Jul 2010 03:50:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/In our ‘global village’ driven by work 24/7, sleep has become a casualty and no wonder according to the Philips Sleep Survey conducted by The Nielsen Company, 93 per cent of the Indians are sleep deprived, getting less than the eight hours of sleep they need per day.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=93-pc-of-Indians-suffer-sleep-disorders-Philips-survey.htmlWed, 21 Jul 2010 03:49:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210455173125000.jpgVizag Seaport Private Limited (VSPL), which operates a modern bulk cargo handling terminal on Build Operate Transfer (BOT) basis at Visakhapatnam Port, is aiming breakeven this fiscal by achieving a turnover of Rs 120 crore, according to its Chief Executive Officer (CEO) R Kishore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vizag-Seaport-aims-Rs-120-cr-turnover--7.5-m-tonne-cargo.htmlWed, 21 Jul 2010 02:49:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007210251546718750.jpgSKS Microfinance which is set to come out with an IPO by the end of this month is planning to offer its shares at a discount to its retail investors. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Retail-subscribers-to-get-a-discount-on-SKS-Microfinance-IPO.htmlWed, 21 Jul 2010 10:45:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Karuturi Global, the world's largest exporter of cut roses, has posted a 7.1 per cent growth in net profit to `40.62 crore for the quarter ended June 2010 compared to the corresponding quarter the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Karuturi-Global-net-up-7-pc-in-Q1-to-Rs-40.62cr.htmlWed, 21 Jul 2010 09:41:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/Seven Indian students, from cities like Delhi, Mumbai, Chennai and Sholapur, received the 2010 TOEFL Scholarship Program awarded by Educational Testing Service (ETS) here on Tuesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Seven-Indian-students-win-TOEFL-scholarships.htmlTue, 20 Jul 2010 08:59:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based AppLabs, also the world’s largest software testing and quality management company, will hold a webinar discussing the importance of testing from the customer point of view, on Thursday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AppLabs-Webinar-on-Customer-experience.htmlTue, 20 Jul 2010 08:57:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Regulatory bodies are autonomous institutions and the Government will not interfere in their business unless there is an overlap of jurisdiction, the Finance Minister Pranab Mukherjee assserted here on Tuesday. The Government was particular that they enjoyed the autonomy given to them, he said.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Govt-will-not-interfere-in-affairs-of-regulatory-bodies-FM.htmlTue, 20 Jul 2010 08:52:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007200856463906250.jpgShriram Automall India Ltd., a subsidiary of Shriram Transport Finance Co. Ltd., on Tuesday launched two new initiatives to provide organized trading facilities to the small truck operator for the first time ever to motivate them to replace their ageing trucks.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Shriram-launches-one-stop-shop-for-refurbished-trucks.htmlTue, 20 Jul 2010 05:53:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/In an attempt to increase its sales volumes, Fiat India is planning to export its cars to South Asian Association for Regional Cooperation (SAARC) countries.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Fiat-India-looks-at-SAARC-countries-for-exports.htmlTue, 20 Jul 2010 04:56:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/India's defence spending is likely to witness a dramatic rise to $80 billion for the next five years, according to a new study released on Tuesday by the Deloitte Global Manufacturing Industry Group. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indias-defences-spend-seen-at-$80-bn-over-next-five-years.htmlTue, 20 Jul 2010 04:45:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/Polaris Software Lab's Intellect Payment Services Hub (PSH) model has been included amongst the leading Payments solution in Gartner's Payment Frameworks1 report. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Polaris-Payment-Services-Hub-among-the-leading-in-the-World.htmlTue, 20 Jul 2010 04:38:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/Chief Minister,K Rosaiah on Tuesday urged the farmers in the State to fully make use of the weather based crop insurance scheme (WBCIS). http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CM-advises-farmers-to-utilize-crop-insurance-scheme.htmlTue, 20 Jul 2010 03:40:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/Passenger car major Maruti Suzuki Ltd is planning to restrict its exports to meet the burgeoning demand in the domestic market. Since the company is short of capacity it expects exports this year to be in the same level as last year, said Maruti Suzuki Chairman, R C Bhargava.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maruti-restricts-exports-to-meet-domestic-demand.htmlTue, 20 Jul 2010 03:04:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007200331272656250.jpgIt was of the saddest sites I saw during the Bharat Bandh or national strike called by opposition parties in India earlier this month: The glass-fronted India headquarters of an information technology company in Bangalore, swathed for all its five floors in protective green netting.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=The-tech-edge-Hold-on-to-IT!.htmlTue, 20 Jul 2010 02:05:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007200212162656250.jpgDisgraced Satyam founder B Ramalinga Raju’s younger brother, Rama Raju, was among the five accused, who were granted bail in multi-crore Satyam fraud case by the Andhra Pradesh High Court on Tuesday. With this, nine out of the 10 accused in the Satyam case secured bail, barring B. Ramalinga Raju.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Rama-Raju--4-others-get-bail-in-Satyam-scam-case.htmlTue, 20 Jul 2010 01:55:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007200201231093750.jpgPatni Computer Systems Ltd., a leading global IT and BPO services provider, on Tuesday announced the appointment of Apoorva Singh as senior vice president and global head-infrastructure management services. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Patni-Computers-gets-new-vice-president.htmlTue, 20 Jul 2010 01:32:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Until recently, street markets and bazaars were the top performers in the Indian retail space, and they contributed immensely to sales.Traditional market platforms now have to imitate malls by offering a mix of diverse products preferably under one roof.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mall-management---The-key-to-a-malls-success.htmlTue, 20 Jul 2010 12:38:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007201243466875000.jpgToday's property market scenario is not amenable to companies that do not present a professional front. Clients today are far more aware than ever before, and have become savvy about the difference between specialists and amateurs.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=How-to-professionalise-a-real-estate-services-firm.htmlTue, 20 Jul 2010 12:26:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007201230179375000.jpgA drop in the number of telecast hours has resulted in Ekta Kapoor-promoted Balaji Telefilms has post a 67 per cent drop in net profit to Rs 2.93 crore for the quarter ended June 2010 as compared to a net profit of Rs 8.97 crore during the corresponding quarter the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lesser-TV-shows-forces-a-67-pc-net-profit-fall-for-Balaji-Telefilms.htmlTue, 20 Jul 2010 09:33:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Young Indian Communicators’ Forum (YICOF), a forum for young executives and students of Communication has been launched in the city for young intellects to come together, exchange ideas and gain knowledge.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Young-Indian-Communicators’-Forum-launched-in-city.htmlMon, 19 Jul 2010 08:37:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/Popular news and entertainment portal Rediff.com has launched a new section called 'Featured Games' its social networking section, MyPage last week. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Rediff-adds-games-to-social-media-initiative--MyPage.htmlMon, 19 Jul 2010 08:29:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vdopia (www.vdopia.com), a leading online video advertising network and platform, on Monday announced the appointment of Lovnish Bhatia as General Manager, Business Development for its India operations.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Lovnish-Bhatia-appointed-new-GM-of-Vdopia.htmlMon, 19 Jul 2010 07:13:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Union Minister for Finance, Pranab Mukherjee will chair a meeting of Chief Ministers from the south zone here at the Jubilee Hall on Tuesday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Pranab-Mukherjee-to-chair-south-zone-CMs-meet-on-Tuesday.htmlMon, 19 Jul 2010 07:07:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata DOCOMO, the GSM brand of Tata Teleservices Limited, commemorated its first year anniversary with the launch of 'Celebration 1' campaign where prepay customers could win assured gifts by calling the Tata DOCOMO toll free number 52222 and participating in a lucky draw contest. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-DOCOMO-Turns-1--announces-Celebration-1-offer.htmlMon, 19 Jul 2010 06:55:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/For corporate executives wanting to dine outside but have a paucity of time, Ista Hyderabad has announced a unique “Express Lunch” program that offers a convenient pick and drop facility on a complimentary basis. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Express-Lunch’-at-Ista-Hyderabad-for-busy-executives.htmlMon, 19 Jul 2010 06:52:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/At least eight fertilizer plants in the country, including FCI's Ramagundam plant, could see a revival with the Ministry of Chemicals and Fertilizers planning to come out with an action plan for their revival according to Satish Chandra, Joint secretary of the Ministry.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramagudam-Fertilizer-plant-to-be-revived.htmlMon, 19 Jul 2010 06:49:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Gurgaon-based non-profit body SRIMS Emergency chose Drishti's Ameyo communication suit to deploy a well coordinated emergency response ambulance service.SRIMS had setup coordinated emergency life saving medical services which consisted of basic life support ambulances and trained emergency staff. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Drishti-Soft-product-powers-24x7-ambulance-service.htmlMon, 19 Jul 2010 06:42:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tilaknagar Industries Ltd (TI), a leading Indian Made Foreign Liquor (IMFL) manufacturer, to focus on Andhra Pradesh market even as it gets ready to launch seven new liquor brands with an aim to enter into new markets in the country.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IMFL-maker-Tilaknagar-Industries-to-focus-on-AP-market.htmlMon, 19 Jul 2010 06:22:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Vodafone Essar, one of the country’s leading cellular service providers, on Monday announced the launch of a new range of bonus cards for its customers in Andhra Pradesh.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Vodafone-Essar-introduces-new-bonus-cards-in-AP.htmlMon, 19 Jul 2010 06:03:10 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190605579218750.jpgSmart Kidz Toys, a sister concern of Dubai’s World Wide Traders, one of the biggest branded toy distributors in the GCC based in UAE, was opened in the city in Jubilee Hills by the Commissioner of Police, Hyderabad, A.K. Khan on Saturday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Smart-Kidz-Toys--exclusive-toy-store-thrown-open-in-Jubilee-Hills.htmlMon, 19 Jul 2010 05:54:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/The 57th Idea Filmfare awards-south, promoted by Worldwide Media Pvt. Ltd. and Idea Cellular, will be announced on August 7 in Chennai. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Idea-Filmfare-awards-to-be-held-in-Chennai.htmlMon, 19 Jul 2010 05:05:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190508034531250.jpgThe 10th Mobile Monday (MoMo) meet hosted by One97 Communications brought together mobile enthusiasts, developers, entrepreneurs and service providers, who deliberated on market for smartphones and other issues.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Smartphones-dominate-10th-Delhi-Mobile-Monday-meet.htmlMon, 19 Jul 2010 04:32:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/L&T General Insurance Company Limited, the general insurance arm of the $9.8 billion Larsen & Toubro Ltd would commence its operations soon with the company having received the necessary R3 license from the Insurance Regulatory and Development Authority for commencing business operations.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-gets-thumbs-up-from-IRDA-for-General-Insurance-foray.htmlMon, 19 Jul 2010 04:18:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Igiftstoindia.com, a new gifting portal was launched in the online space on Monday, offering a range of quality gifts for any occasion and delivery to any destination in the world.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-new-gifting-portal-for-non-resident-Indians.htmlMon, 19 Jul 2010 03:55:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based Maytas Infra Limited, which recently inducted Saudi Arabia-based Saudi BinLaden Group (SBG) Projects Investments Limited as co-promoter, would tap the Gulf region for its growth by leveraging the Saudi partner’s expertise and experience there, according to its Chairman Ravi Parthasarathy.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Maytas-Infra-to-focus-on-Gulf-region-for-growth.htmlMon, 19 Jul 2010 03:52:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190519274218750.jpgGoogle has announced the winners of the Google.org Gram Panchayat Puraskar (GGPP), awards constituted to support activities that drive community initiatives. The award was developed to recognize the important role of local governments and publicize the good work that panchayats were doing.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Google-recognizes-innovations-of-five-AP-villages.htmlMon, 19 Jul 2010 03:49:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190547182343750.jpgmyBantu.com, an online personal assistant, has been featured as a killer startup for its relevant recommendations in killerstartups.com. Killerstartups.com aims to help investors, entrepreneurs and bloggers by reviewing up-and-coming internet start-ups right on the spot, right at their birth. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=mybantu.com--featured-as-killer-startup.htmlMon, 19 Jul 2010 02:09:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/eIndia2010 Awards has broken all records in the global ICT movement! With an astounding number of voter participation for the eIndia2010 Public Choice Award, it has made a powerful impact and joined the league of illustrious movements that have helped spread the ICT4D message to the masses.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=eIndia2010-awards-sets-new-benchmark-for-global-ICT-movement.htmlMon, 19 Jul 2010 01:20:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/The SEBI-appointed committee to look into the take over norms has suggested raising of open offer trigger acquisition of 25 per cent in a company, as against 15 per cent earlier. The committee headed by former head of SAT, C Achuthan submitted its report to SEBI on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Open-offer-trigger-raised-to-25pc-by-SEBI.htmlMon, 19 Jul 2010 12:55:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190108540312500.jpgFedders Lloyd’s power division has bagged contracts aggregating to Rs 55 crore from M.P. Paschim Kshetra Vidyut Vitran Co. Ltd., Indore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Fedders-Lloyd-bags-contract-for-Rs-55-cr.htmlMon, 19 Jul 2010 12:36:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/MIC Electronics has signed a joint venture with Taiwan based Home Resources Ind Co for the joint development and production of innovative and cost-effective LED lighting products for rural and urban markets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MIC-Electronics-forms-LED-joint-venture-with-Taiwan-firm.htmlMon, 19 Jul 2010 09:36:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Today's property market scenario is not amenable to companies that do not present a professional front. Clients today are far more aware than ever before, and have become savvy about the difference between specialists and amateurs. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=How-to-professionalise-a-real-estate-services-firm.htmlMon, 19 Jul 2010 08:48:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007190859592812500.jpgTechnological innovations from Indian immigrants are on the rise in the United States, according to a study carried out by Harvard Business School’s William Kerr and William Lincoln from the University of Michigan. The study found an increase in patent applications from people with Indian names.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘Tech-inventions-from-Indian-immigrants-in-US-rising’.htmlSat, 17 Jul 2010 08:36:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007170845299218750.jpgAfter pioneering the concept of independent third party testing, AppLabs is now on a mission to leverage the Cloud for testing. In an interview to AndhraBusiness.com, Founder and CEO of AppLabs, Sashi Reddi talks about the company's expansion plans and efforts in cloud space.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=AppLabs-leading-the-way-in-using-Cloud-for-testing.htmlSat, 17 Jul 2010 06:54:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007170706389843750.jpgCity-based Midfield Industries Ltd, a leading manufacturer of industrial packaging products, is tapping the capital markets with an initial public offering (IPO) of 45 lakh equity shares of Rs 10 each to raise over Rs 50 crore. The IPO opens on July 19 and closes on July 21, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Midfield-Industries-IPO-opens-on-Monday--to-raise-over-Rs-50-cr.htmlSat, 17 Jul 2010 06:31:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007170643208437500.jpgPearson and the Graduate Management Admission Council (GMAC) on Saturday announced the launch of a bundle pack that gives GMAT test takers the opportunity to save up to US$100 on test fees by purchasing Pearson Test of English Academic (PTE Academic) and GMAT together. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GMAC-and-Pearson-team-up-to-save-students-a-bundle.htmlSat, 17 Jul 2010 03:41:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/Gati, the leader in express distribution and supply chain solutions has associated with the AP Government to drive the "Harith Andhra Pradesh" initiative.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gati-partners-AP-govt-for-one-million-tree-plantation-drive.htmlSat, 17 Jul 2010 03:19:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Lifestyle diseases had long before become an area of specialistion in the medical field. Now a new centre has been opened in Mumbai exclusively to treat lifestyle related disorders.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=A-new-clinic-to-treat-lifestyle-disorders.htmlSat, 17 Jul 2010 01:17:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/The prices of Tata Nano will be hiked by 4 per cent after the company completes the delivery of the car to the first one lakh customers.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Motors-to-hike-Nano-prices-by-up-to-4%.htmlFri, 16 Jul 2010 06:41:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Prestige Group, a leading developer in South India’, announced its association with the Chennai-based Rattha Group to jointly develop an integrated residential township at Porur in Chennai with an investment of Rs 1,000 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prestige-Group--Rattha-Group-to-develop-Rs-1-000-cr-township.htmlFri, 16 Jul 2010 06:27:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/American Tourister launches Houston range of bags in India. This range is an extensive line with uprights, duffles, wheel duffles and toilet kit. The uprights come in 3 sizes – 55 cm, 63 cm and 73 cm.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=American-Tourister-launches-Houston-bags.htmlFri, 16 Jul 2010 06:13:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/Global nutrition Company, Herbalife India has announced the renewal of its brand endorsement partnership with badminton champion Saina Nehwal. Saina who was recently ranked World No 2 by the Badminton World Federation has been associated with Herbalife since 2009.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Saina-appointed-brand-ambassador-for-Herbalife.htmlFri, 16 Jul 2010 06:12:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007160616376718750.jpgICICI Prudential Mutual Fund on Friday launched ‘ICICI Prudential Gold Exchange Traded Fund’, an open-ended exchange traded fund.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICICI-Prudential-Mutual-launches-Gold-ETF.htmlFri, 16 Jul 2010 05:59:56 GMThttp://www.andhrabusiness.com/NewsImageFiles/The State Cabinet, which met here on Friday, decided to acquire 269 acres of land for Hyderabad Metro Rail project, which will be awarded to BOT developer in a few days, according to an official press release here.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Govt.-to-acquire-269-acre-land-for-Hyderabad-Metro.htmlFri, 16 Jul 2010 05:35:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007160538352812500.jpgThe embattled Nagarjuna Construction Company may shift the location of the proposed power plant from Sompeta in Srikakulam district. The company is weighing different options on the way forward after the National Environmental Appellate Authority revoked Environmental Clearance for the project.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Will-NCC-move-away-from-Sompeta.htmlFri, 16 Jul 2010 04:41:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007160445379062500.jpgDoing a Google search on troubled Hollywood starlet Lindsay Lohan could land you in trouble as online search results for her could result in your computers being infected by cyber criminals. Antivirus maker Norton expects a spike such incidents as the news of Lohan’s prison sentence gains momentum.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dont-search-for-Lindsay-Lohan-online.htmlFri, 16 Jul 2010 04:07:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007160450129687500.jpghe forthcoming Initial Public Offering (IPO) of city-based SKS Microfinance Ltd, the first ever microfinance firm to do so in India, received Grade 4/5 rating, indicating above average fundamentals, from rating agency CARE. The IPO is slated to open on July 28.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=SKS-Micronfinance-IPO-gets-above-average-rating.htmlFri, 16 Jul 2010 04:06:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/General Motors India would conduct a free mega service and sales camp in the city on July 17 and 18.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chevrolet’s-free-mega-service-camp-in-Hyderabad-on-July-17-18.htmlFri, 16 Jul 2010 03:59:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/The 50:50 consortium comprising IL&FS Transportation Networks Ltd and Ramky Infrastructure had won a Rs 536 crore order from he National Highways Authority of India (NHAI) for four Laning of Jorabat - Shillong (Barapani) Section of NH-40.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ILandFS-and-Ramky-Infra-win-Rs-530-cr-NHAI-order.htmlFri, 16 Jul 2010 03:58:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Om Metals Infraprojects Ltd., an engineering construction company, on Friday announced that the company has bagged a DBFOT road project in JV of Rs 300 crore from the Rajasthan State Road Development and Construction Limited, a Government of Rajasthan undertaking. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Om-Metals-Infraprojects-bags-Rs-300-cr-order.htmlFri, 16 Jul 2010 03:31:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/BITE (British Institute of Technology and E Commerce), a post graduate studies institute headquartered at London, has forayed into Andhra Pradesh and opened its centre- BITE Education Plus at Hyderabad. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=London-based-BITE-forays-into-Andhra-Pradesh.htmlFri, 16 Jul 2010 02:59:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/The cumulative revenue of top 200 IT companies in India was Rs 3,07,126 crore during 2009-10, a growth of 6.2 per cent over the Rs 289,093-crore in 2008-09, according the latest annual survey of Dataquest, the flagship magazine of Cybermedia.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Top-200-Indian-IT-firms-post-Rs-3-07-126-cr-revenue-last-fiscal-Survey.htmlFri, 16 Jul 2010 02:36:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007160247358437500.jpgFirstobject Technologies Ltd. a provider of integrated business, technology and process solutions on a global delivery platform, has commenced its operations at Visakhapatnam SEZ. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Firstobject-Technologies-begins-operations-from-vizag-SEZ.htmlFri, 16 Jul 2010 02:23:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Sun Pharmaceutical Industries Ltd. on Friday announced that USFDA has granted approval for its abbreviated new drug application (ANDA) to market a generic version of Flomax, tamsulosin capsules.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sun-Pharma-secures-USFDA-approval-for-generic-Flomax.htmlFri, 16 Jul 2010 01:56:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indiamart.com is planning a massive campaign to create awareness among small and medium enterprises on the need for them to have presence on the web. Slated to begin in two to three weeks, the campaign aims to educate suppliers on how they can leverage the internet for 24 X 7 global presence. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indiamart.com-plans-massive-awareness-campaign-for-SMEs.htmlFri, 16 Jul 2010 01:51:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has won a repeat order from Siddhayu Ayurvedic Research Foundation, a Baidyanath group company, to set up, operate and maintain a 19.2 MW project.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-wins-19.2-MW-repeat-order-from-Baidyanath-Group.htmlFri, 16 Jul 2010 10:26:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/Castrol India Limited on Thursday reported Rs 150-crore net profit its second quarter ending on June 30, a 17 per cent increase over the same period last year.The company’s sales went up by same 17 per cent at Rs 744 crore, compared to the same period a year ago. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Castrol-India-Q2-net-up-17-pc-at-Rs-150-cr.htmlThu, 15 Jul 2010 07:25:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/LIC Housing Finance has posted a profit after tax of Rs 212.02 crore for the quarter ended on June 30, 2010. This represents a rise of 71 per cent from Rs 123.84 crore in the corresponding quarter of FY10.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LIC-Housing-Finance-net-rises-71-pc-to-Rs-212-cr.htmlThu, 15 Jul 2010 07:08:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/Union Minister of State for Corporate Affairs Salman Khurshid on Thursday said his ministry was organizing as many as 3,000 workshops and events across the country this year to educate investors and encourage them to participate in the capital markets.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Investor-Awareness-workshop-at-a-place-near-you.htmlThu, 15 Jul 2010 07:07:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/Strong demand across markets and industry sectors helped IT major Tata Consultancy Services (TCS) post a 24 per cent growth in net profit to Rs 1,906 crore for the quarter ended June 30, 2010 as compared to Rs 1,533 crore for the corresponding quarter the previous year.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TCS-net-profit-up-24-pc-in-Q1.htmlThu, 15 Jul 2010 07:00:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007150706482812500.jpgAxis Bank has posted an increase in net profit of Rs 741.88 crore for the first quarter ending on June 30, 2010. The bank had earned Rs 562.04 crore in corresponding quarter of FY10. This represents a growth of 32 per cent in year-on-year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Axis-Bank-net-rises-32-pc-to-Rs-741.88-cr.htmlThu, 15 Jul 2010 06:11:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/Confederation of Indian Industry (CII)-APTDC on Thursday launched IPCAP 2010 - a Capacity Building Certificate Program in Intellectual Property Rights - for the Indian industry and academic institutions.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CII-APTDC-launches-certificate-programme-in-IPRs.htmlThu, 15 Jul 2010 06:09:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/Food price inflation, aided by fuel price hike, was up at 12.81 per cent for the week ended July 3, 2010 as against 12.63 per cent in the previous week. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Food-price-inflation-up-at-12.81-pc.htmlThu, 15 Jul 2010 05:53:29 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian arm of American carmaker Ford announced on Thursday that its newly-launched compact hatchback Figo received 25,000 bookings in 100 days. The new compact car generated sales for the company across the country, including Tier I, II and III cities.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ford-Figo-receives-25-000-bookings-in-100-days.htmlThu, 15 Jul 2010 05:27:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/MIC Electronics Ltd., a global leader in design, development and manufacturing of LED video displays and high end electronic and telecommunication equipment on Thursday unveiled a set of new LED based products categories.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=MIC-Electronics-unveils-15-new-LED-based-products.htmlThu, 15 Jul 2010 05:24:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007150622472343750.jpgThe Indian Rupee will now have a new symbol with the likes of the US dollar, Great British Pound, Euro and Yuan among others. The Union Government on Thursday unveiled the new symbol for the Indian Rupee designed by IIT graduate D Udaya Kumar.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-announces-the-new-Rupee-symbol.htmlThu, 15 Jul 2010 05:03:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007150508488906250.jpgEducational Testing Service (ETS), the creator of the TOEFL test, has announced the launch of three TOEFL Value Packs offering the test takers significant price reductions.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Big-Savings-for-test-packs-for-TOEFL-Test-Takers.htmlThu, 15 Jul 2010 04:13:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Motors Group sold 91,608 vehicles globally in June, an increase of 46 per cent over June 2000.The sales consisted of commercial and passengers vehicles sales under Tata, Tata Daewoo, Hispano Carrocera, Jaguar and Land Rover badges. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Motors-global-sales-up-46-pc-in-June.htmlThu, 15 Jul 2010 04:10:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Venture capital sector in merging markets like India China and Brazil are expected to grow in the years to come, in comparison to the developed markets, like the United States, where the industry is expected to contract. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Venture-Funds-sector-to-grow-in-India;-developed-markets-shrink.htmlThu, 15 Jul 2010 04:08:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Union Minister of State for Corporate Affairs Salman Khurshid on Thursday said his ministry was organizing as many as 3,000 workshops and events across the country this year to educate investors and encourage them to participate in the capital markets.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=3000-workshops-for-educating-investors-this-year--Khurshid.htmlThu, 15 Jul 2010 02:52:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007150422169218750.jpgTata Communications and Google India on Thursday announced plans to combine their global resources to offer a portfolio of web-based, collaborative business connectivity tools that provide email, instant messaging, and office presentation tools for business across the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-and-Google-to-partner-for-on-the-go-connectivity.htmlThu, 15 Jul 2010 02:51:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/In a fresh twist to the Sompeta Power plant project proposed by Nagarjuna Construction Company Ltd (NCCL), the Environmental clearance for the project has been rejected. The rejection comes a day after two people protesting against the project were killed in police firing.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Environmental-clearance-rejected-for-NCCs-Sompeta-plant.htmlThu, 15 Jul 2010 02:31:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007150234077656250.jpgZensar Technologies has reported a marginal improvement in its net profit after tax of Rs 32.48 crore (Rs 29.74 crore) in the first quarter of FY11. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Zensar-Technologies-net-rises-by-9-pc-to-Rs-32.48-cr.htmlThu, 15 Jul 2010 02:10:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Andhra Pradesh Government had not acquired any land for the Sompeta power plant for NCC Power Projects and hence there was no issue of rehabilitation, said Nagarjuna Construction Company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=No-issue-of-rehabilitation-at-Sompeta-power-plant-site-NCC.htmlThu, 15 Jul 2010 11:13:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007151118054218750.jpgSuzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has won a order from Serum Institute of India Limited to set up, operate and maintain a 37.8 megawatt (MW) project at Dhule-Nandurbar wind park in Maharashtra. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-receives-37.8-MW-order-from-Serum-Institute-of-India.htmlThu, 15 Jul 2010 09:51:30 GMThttp://www.andhrabusiness.com/NewsImageFiles/At least four persons were killed in police firing, over 60 injured in clashes when protests against foundation-laying ceremony of Nagarjuna Construction Company’s (NCC) thermal power plant turned violent at Sompeta in Srikakulam district on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Four-killed-in-police-firing-at-NCC’s-proposed-power-plant.htmlWed, 14 Jul 2010 07:44:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007140754008906250.jpgThe GMR group has been aggressively expanding in the airports sector with the recent acquisition of airport contracts in Maldives and Istanbul airports. The company is now looking at having a wider presence in the airports business in the SAARC region.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=We-are-looking-at-airport-acquisitions-in-the-SAARC-region-GMR-CEO.htmlWed, 14 Jul 2010 07:12:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007140717301875000.jpgNetxcell Limited, a telecom application services provider, announced on Wednesday the launch of cell broadcasting center (CBC) - the service that has the state of the art cell broadcast system designed for the simultaneous delivery of the broadcast messages to multiple users of mobile networks. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Netxcell-Limited-launches-cell-broadcast-center-software.htmlWed, 14 Jul 2010 06:59:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Not many of us know that term insurance is the purest form of insurance which is the most important tool for preventing any family from financial hardships in case of the unfortunate death of the family's breadwinner. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Zero-in-on-best-insurance-deals-on-Apnapaisa.com.htmlWed, 14 Jul 2010 06:46:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based pharma major Dr Reddy`s Laboratories received approval from the US Food & Drug Administration (USFDA) to manufacture and market Desloratadine in strengths of 2.5 mg and 5 mg.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddy’s-gets-USFDA-nod-for-Desloratadine.htmlWed, 14 Jul 2010 06:10:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/Infrastructure major Larsen & Toubro (L&T) emerged as lowest bidder for Hyderabad Metro Rail (HMR) project.According to official sources, the L&T quoted lowest Viability Gap Funding (VGF) of Rs 1,850 crore as against Rs 4,853 crore sanctioned by the State Government for the Rs 12,132-crore project.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-emerges-as-lowest-bidder-for-Hyderabad-Metro.htmlWed, 14 Jul 2010 05:37:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007140542542500000.jpgKomli Media, a digital media network major in the Asia Pacific, announced it has raised $6 million in additional funding from the existing investors Nexus Venture Partners, Helion Venture Partners, and Draper Fisher Jurvetson.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Komli-Media-raises-$6-million-in-additional-funding.htmlWed, 14 Jul 2010 05:22:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/At least two persons were killed in police firing, over 60 injured in clashes when protests against foundation-laying ceremony of Nagarjuna Construction Company’s (NCC) thermal power plant turned violent at Sompeta in Srikakulam district on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Two-killed-in-police-firing-at-NCC’s-proposed-power-plant.htmlWed, 14 Jul 2010 05:00:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007140506305781250.jpgTo create mass awareness about loss of cognitive ability through various forms of dementia, Eisai Pharmatechnology and Manufacturing (EPM) Pvt Ltd. and Eisai Pharmaceuticals India Pvt Ltd. are organizing a dementia awareness program at Hotel Taj Krishna in the city on Saturday, July 17, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Eisai-to-organize-dementia-awareness-program.htmlWed, 14 Jul 2010 04:51:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/The threat of swine flu now has a pain less prevention. India’s advances in medical research got a fillip on Wednesday, with India’s largest vaccine manufacturer, Serum Institute, announcing the launch of its indigenously developed intra-nasal vaccine named Nasovac for preventing H1N1 infections.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Just-a-sniff-to-prevent-H1N1-infection-(swine-flu)!.htmlWed, 14 Jul 2010 04:15:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Infotech Enterprises Ltd. has earned a consolidated net profit of Rs 32.9 crore for the quarter ended on June 30, 2010. The company had posted Rs 46.26 crore in the corresponding quarter of FY09. This represents a 28 per cent fall in the net profit.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Infotech-Q1-net-profit-falls-28-pc-to-Rs-32.9-cr.htmlWed, 14 Jul 2010 03:45:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007140353521875000.jpgSoftware major Infosys Technologies Limited on Wednesday awarded turnkey contract of Automatic Meter Reading (AMR) to Bangalore-based Easun Reyrolle Limited.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Infosys-awards-Rs-32-crore-AMR-contract-to-Easun-Reyrolle.htmlWed, 14 Jul 2010 02:34:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/Glenmark Generics, Inc, American arm of Indian pharma firm Glenmark Generics Limited, on Wednesday announced that United States Food and Drug Administration (USFDA) granted approval for its Theophylline extended-release tablets.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=USFDA-nod-for-Glenmark-US-asthma-drug.htmlWed, 14 Jul 2010 02:13:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/Wholesale price index (WPI) in the country increased to 10.55 per cent year-over-year during the month of June on the account of high food and fuel prices, according to the Central government data released on Wednesday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=High-fuel-prices-drive-June-inflation-to-10.55-pc.htmlWed, 14 Jul 2010 01:06:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/L&T won Rs 376-crore offshore rig refurbishment contract from Oil & Natural Gas Corporation (ONGC).The contract involves refurbishment of ONGC’s offshore jack-up rig ‘Sagar Uday’, which, after refurbishment, will be deployed to assist offshore oil and gas drilling operations of the corporation.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-bags-Rs-376-crore-offshore-contract-from-ONGC.htmlWed, 14 Jul 2010 11:42:00 GMThttp://www.andhrabusiness.com/NewsImageFiles/Shivinder Singh-promoted Super Reliagare Laboratories is planning to buy Piramal Diagnostic Services Ltd from Piramal Healthcare for a consideration of Rs 600 crore.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Super-Religare-Labs-to-buy-Piramal-Diagnostics-for-Rs-600-cr.htmlWed, 14 Jul 2010 09:18:45 GMThttp://www.andhrabusiness.com/NewsImageFiles/Epson, a digital imaging solutions provider, is targeting revenue to the tune of Rs 180 crore from its interactive projector- EB-450wi – from the domestic market in the first year of its launch.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Epson-targets-Rs-180-crore-from-new-product.htmlTue, 13 Jul 2010 07:14:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/Nava Bharat Ventures, with interests in iron and steel and power business, has announced that its subsidiary Nava Bharat Projects has sold off 52 per cent of its stake in Nava Bharat Power Ltd to Essar Power Ltd.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Essar-Power-picks-52-pc-stake-in-Nava-Bharat-Power.htmlTue, 13 Jul 2010 07:01:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Yes Bank, India’s new age private sector bank, and Poalim Capital Markets Ltd, one of the leading Israeli Investment Banks and part of Bank Hapoalim B.M, on Tuesday entered into a co-operation agreement to advise Indian and Israeli companies on cross-border deals between the two countries.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Yes-Bank-and-Israel-based-Poalim-Capital-enter-into-alliance.htmlTue, 13 Jul 2010 06:59:55 GMThttp://www.andhrabusiness.com/NewsImageFiles/Continuing with its spree of path-breaking offers and innovations, Tata Docomo-the GSM brand of Tata Teleservices Limited – has announced another first in telecom “voice free” for customers across Tata Docomo network in Andhra Pradesh. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Now--avail-voice-free-offer-from-Tata-Docomo.htmlTue, 13 Jul 2010 06:57:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Worldwide consumption of milk and other liquid dairy products (LDP) is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from 2009 to 2012, reaching 283 billion litres, according to the latest edition of the Tetra Pak Dairy Index released recent.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=‘World-to-consume-283-billion-litres-of-milk-a-year-by-2012’.htmlTue, 13 Jul 2010 06:27:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007130633455625000.jpg TripAdvisor, for long the world's largest travel community website with 35 million views has emerged as the largest travel website in the world - of any kind. Worldwide.com score figures for the previous two months have confirmed this significant development in the online space.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=TripAdvisor--now-the-world’s-largest-travel-website.htmlTue, 13 Jul 2010 06:10:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Wish to gift a diamond, but worried about the hole that it burns into your pocket? Then its time you bank on moissanite jewellery to please your loved one. Moissanite, a shining mineral obtained from meteorites, is a new category of jewels with fire, luster and brilliance.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Moissanite-jewellery-at-Mahaveer.htmlTue, 13 Jul 2010 05:17:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007130528125781250.jpgWith Government of India deregulating petrol prices in the country last month, Public Sector Oil Companies IOC, BPCL and HPCL are likely to act together while revising prices of petrol every fortnight in the free pricing regime.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Oil-PSUs-may-act-as-a-cartel-to-revise-petrol-price.htmlTue, 13 Jul 2010 05:03:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/Less than two weeks after the removal of large corporate hospitals from the list of Preferred Provider Network for cashless treatment for medical insurance, the insurance companies and hospitals have come together to resolve the issue with mutually agreeable terms.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Insurance-Cos--corporate-hospitals-make-peace.htmlTue, 13 Jul 2010 04:44:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007130451494687500.jpg9.9 Media's CFO Institute recently organised its first annual CFO Leadership Conclave in Kuala Lumpur, Malaysia, featuring the theme "Now that you're a strategist. What next?"http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CFO-Leadership-Conclave-held-in-Kuala-Lumpur.htmlTue, 13 Jul 2010 03:45:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/German premium carmaker BMW on Tuesday commenced rolling out of its new BMW 5 series sedan from its manufacturing plant near Chennai in Tamil Nadu.The midsize premium sedan will be delivered to Indian customers from July end. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=BMW-India-begins-assembling-new-5-series-sedan.htmlTue, 13 Jul 2010 03:29:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Two of India's largest media houses, Network 18 and Sun Network have come together to launch Sun 18, a pan-India distribution company that aims to be one of the dominant players in the pay-TV subscription market in the next two years.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Network-18-and-Sun-Network-announce-new-distribution-JV--Sun-18.htmlTue, 13 Jul 2010 03:26:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007130329282812500.jpgARCserve Backup r15 of CA Technologies was voted as “Backup Software Application of the Year” by the readers of Storage Magazine during the recent Storage Awards 2010 presentation ceremony in London.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CA’s-ARCserve-Backup-wins-award.htmlTue, 13 Jul 2010 01:52:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/Patni Computer Systems Ltd., a leading global IT and BPO services provider, on Tuesday announced that it has appointed Avtar Sangha as its new head of delivery for EMEA region.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Patni-beefs-up-EMEA-leadership.htmlTue, 13 Jul 2010 12:52:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Moser Baer India, with interests in storage media products and solar energy, has increased its consolidated net loss to Rs 393 crore for the year 2009-10, compared to a net loss of Rs 363 crore in the previous fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Moser-Baer-net-loss-increases-to-Rs-393-cr-in-2009-10.htmlTue, 13 Jul 2010 11:20:51 GMThttp://www.andhrabusiness.com/NewsImageFiles/Higher expenses and increased Income tax outgo resulted in IT bellwether, Infosys Technologies posting a marginal 2 per cent drop in net profit to Rs 1,488 crore for the first quarter of the fiscal, ended June 2010, as against Rs 1,525 crore registered in the corresponding quarter last fiscal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Infosys-Q1-net-drops-2pc--revenue-up-13-pc.htmlTue, 13 Jul 2010 09:17:21 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007130922477031250.jpgFormer Satyam Chairman Ramalinga Raju would be examined by the Special Court through a questionnaire in the Rs 7,800 crore Satyam account fudging scandal.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ramalinga-Rajus-court-examination-to-be-done-through-a-questionnaire.htmlMon, 12 Jul 2010 08:17:31 GMThttp://www.andhrabusiness.com/NewsImageFiles/One lakh farmers in the rain-fed areas of the State will be brought together through NGOs by National Bank for Agriculture and Rural Development (NABARD) to promote system of rice intensification (SRI) method, according to P. Mohanaiah, Chief General Manager, of NABARD, AP region. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NABARD-to-promote-high-yield-rice-cultivation-in-AP.htmlMon, 12 Jul 2010 07:13:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/Differences among the members of Cellular Operators Association of India (COAI) came to the fore on Monday with Tata Teleservices Limited (TTSL) resigning from its core membership. The TTSL described the functioning of association as ‘undemocratic, biased, non-transparent and unethical’. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Teleservices-resigns-from-COAI--flays-its-biased-functioning.htmlMon, 12 Jul 2010 05:03:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007120509378750000.jpgVodafone Essar, one of India’s leading cellular service providers, announced the launch of India’s most economical bonus offer for its prepaid customers. Priced at Rs. 4, it is the lowest cost denomination offer currently available in the market. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Yet-another-bonanza-from-Vodafone!.htmlMon, 12 Jul 2010 04:27:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007120438370000000.jpgNaresh Kumar, Managing Director, Jindal Drilling and Industries Ltd, has been unanimously re-elected as the President of Petrotech Society, at the 19th governing council meeting of the society, to serve his fourth consecutive term. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Naresh-Kumar-re-elected-to-head-Petrotech-Society.htmlMon, 12 Jul 2010 04:15:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Noted industrialist and Padma Bhushan Jamshyd Godrej on Sunday addressed the current batch of students at Great Lakes Institute of Management Chennai. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Jamshyd-Godrej-addresses-GLIM-students.htmlMon, 12 Jul 2010 03:44:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/GVK Biosciences Private Limited (GVK BIO), Asia’s leading Contract Research Organization, on Monday announced that it received full accreditation from the Association for the Assessment and Accreditation of Laboratory Animal Care (AAALAC) International for its animal facilities.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GVK-Bio-gets-AAALAC-accreditation-for-its-animal-facility.htmlMon, 12 Jul 2010 01:09:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007120114132187500.jpgNewly developed software BuddyBackup allows people to use their friends’ computers as data backup locations, by transmitting the backup files over the internet in a secured manner. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=BuddyBackup-facilitates-data-backup-on-friend’s-computer.htmlMon, 12 Jul 2010 12:56:04 GMThttp://www.andhrabusiness.com/NewsImageFiles/For a nation trying to wriggle itself out of the economic slowdown, the latest IIP (index of industrial production) are not good tidings. The national industrial output grew at a much sluggish pace at 11.5 per cent from a year earlier. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=May-IIP-figures-below-target-at-11.5-pc.htmlMon, 12 Jul 2010 12:51:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tariff wars in the Indian telecom sector, furthered by the entry of new players like Uninor and Videocon, have resulted in revenues in the sector posting a measly 2.5 per cent growth in the year 2009-10 compared to a 20 per cent growth in the fiscal 2008-09.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Telecom-tariff-wars-result-in-a-measly-2.5-pc-revenue-growth-in-2009-10.htmlMon, 12 Jul 2010 12:19:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007120718523593750.jpgIT services firm Mastek has announced the appointment of Mrinal Sattawala as Group President. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mastek-inducts-Mrinal-Sattawala-as-Group-President.htmlMon, 12 Jul 2010 09:50:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/The PSLV-C15 satellite carrying five satellites, including Cartosat-2B, was successfully launched by the Indian Space Research Organisation (ISRO) on Monday. This is the seventeenth PSLV mission and cost Rs 260 crore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PSLV-C15-successfully-launches-five-satellites.htmlMon, 12 Jul 2010 09:42:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007120950046406250.jpgWind energy major, Suzlon Energy Limited (SEL), has won a repeat order from the Malpani Group to set up, operate and maintain two new wind power projects totaling 19.8 MW capacity, in Karnataka and Maharashtra.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-wins-19.8-MW-repeat-order-from-the-Malpani-Group.htmlMon, 12 Jul 2010 09:13:01 GMThttp://www.andhrabusiness.com/NewsImageFiles/Following the axing of cashless transactions in large corporate hospitals in metros like Delhi, Mumbai, Bangalore and Chennai, would corporate hospitals in Hyderabad too suffer the ire of insurance firms? Corporate hospitals in the city are divided on the issue.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Will-Cashless-transactions-be-axed-in-Hyderabad-hospitals-too.htmlSat, 10 Jul 2010 06:24:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007100631471406250.jpgThe Reserve Bank of India (RBI) on Friday warned of penal action if banks and financial institutions failed to comply with its guidelines on credit card operations, related to transparency in interest rates and fees.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=RBI-warns-banks-over-credit-card-complaints.htmlSat, 10 Jul 2010 05:31:58 GMThttp://www.andhrabusiness.com/NewsImageFiles/The city-based Sunshine Hospitals performed the first ever knee implant surgery with the 4th generation knee sigma CR-150 in Asia.The hospital holds the distinction of conducting around 1,200 implant operations per year and is the only clinical study center in the country for CR-150. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sunshine-Hospital-introduces-fourth-generation-knee-implants.htmlSat, 10 Jul 2010 03:48:14 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007100355382187500.jpgNew vehicle sales in India are projected to reach 25 lakh units in 2010, a 19 per cent increase from 2009, according to J D Power and Associates. In its new forecast on global vehicle sales, the company predicted that India would see high growth rates in automotive sales in near future. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Auto-sales-in-India-to-grow-19-pc-in-2010-J-D-Power.htmlSat, 10 Jul 2010 03:15:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007100326190468750.jpgFilm star Nandamuri Tarak Rama Rao Junior became first Harley-Davidson India customer as he bought Rs 18.95-lakh Harley-Davidson Night Rod Special bike on Friday.It was the first bike sold and delivered by Harley-Davidson India as it opened its first outlet in the country in Hyderabad.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTR-Jr--first-Harley-India-customer;-buys-Rs-19-lakh-Night-Rod-Special-bike.htmlFri, 09 Jul 2010 08:47:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007090854351406250.jpgUPS on Friday introduced its carbon neutral programme in the Asia Pacific region, including Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, Philippines, Singapore, Taiwan and Thailand.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=UPS-launches-carbon-neutral-shipping-in-Asia-Pacific.htmlFri, 09 Jul 2010 07:15:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Tata Power has announced that CRISIL has assigned its ‘AA/Positive’ rating to its Rs 600 crore non-convertible debenture programme, while reaffirming ratings on the company’s other existing debentures, short-term debt and bank facilities at 'AA/Positive/P1+’. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Powers-Rs-600-cr-debenture-issue-gets-AA--rating.htmlFri, 09 Jul 2010 06:46:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Kodak unveiled India's first pocket Video Camera, Kodak PLAYSPORT Video Camera, at Photo today 2010, held at Bangalore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Kodak-unveils-Indias-first-pocket-video-camera-for-Rs-7-999.htmlFri, 09 Jul 2010 06:43:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Singareni Colleries Company Limited (SCCL), with a chequered history of over 100 years in coal mining, crossed the milestone of 50 million tonne coal production last fiscal, thereby joining a select group of mining companies with such a large production capabilities.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Singareni-will-mine-51.3-MT-coal-this-fiscal--Dattathreyulu.htmlFri, 09 Jul 2010 06:30:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007090635586718750.jpgHuawei, a leader in providing next-generation telecommunications network solutions, met with industry leaders on Thursday to discuss advancements in CDMA technology at the 5th annual Global CDMA Operation and Development Forum in Shanghai.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Huawei’s-SingleRAN-Broad-solution-to-lead-CDMA-industry.htmlFri, 09 Jul 2010 06:03:42 GMThttp://www.andhrabusiness.com/NewsImageFiles/LGS Global Limited (formerly Lanco Global Systems Limited), a global IT products and services company, has reported a net profit of Rs 32.93 crore for the year 2009-10, as compared to Rs 26.99 crore, registering a growth of 22 per cent. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LGS-Global-posts-20-pc-growth-in-net-profit-in-2009-10.htmlFri, 09 Jul 2010 05:48:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/Avaya, on Friday revealed that the likelihood of businesses in the Asia Pacific losing customers who are dissatisfied with their contact center interaction to their competitors in 2010 is as high as 62 per cent. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Customer-care-pivotal-to-retaining-loyalty-report.htmlFri, 09 Jul 2010 05:47:41 GMThttp://www.andhrabusiness.com/NewsImageFiles/The World Bank has signed two agreements with the Government of India for a $407 million grant for the development of Microfinance sector and improvement of Statistical research in the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=World-Banks-lends-$400-mn-loan-for-Microfinance-and-strengthening-Statistics.htmlFri, 09 Jul 2010 04:56:50 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007090502070156250.jpgIndia’s leading healthcare group Apollo Hospitals on Friday announced that it would recruit around 23,000 new employees over the next four years as a part of its Rs 1,800-crore expansion.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Apollo-Hospitals-to-add-23-000-new-staff-in-4-yrs.htmlFri, 09 Jul 2010 03:53:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007090400007500000.jpgCredila, a dedicated education loan company, has introduced live text chat to avail an education loan. Credila has thus become the first ever lender in the country to offer education loan using the consumer friendly text chat as the new medium of getting education loan process started.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Getting-education-loan-a-text-chat-away!.htmlFri, 09 Jul 2010 03:53:08 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007090502281718750.jpgThe Hyderabad employees of Convergys Corporation, a leading relationship management company, hosted ‘The Grand Fete 2010’ at their work premises to benefit a number of community service initiatives. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Convergys-Corp--Hyderabad-hosts-Grand-Fete-2010-for-charitable-causes.htmlFri, 09 Jul 2010 03:38:20 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems Limited, the leading hardware, services and ICT system Integration Company, announced the buyout of 60 per cent stake in NTS Group, a leading IT services and Solutions Company based in Dubai. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-Infosystems-picks-up-majority-stake-in-Dubai-based-NTS-Group.htmlFri, 09 Jul 2010 03:37:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Faridabad-based Ivy Comm Systems on Friday tied up with nutritional and herbal supplement retailer MyNutraMart.com for exclusive online sales of Cerviritet softgels.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Mynutramart.com-to-sell-spondylitis-gel-Cerviritet-online.htmlFri, 09 Jul 2010 02:54:17 GMThttp://www.andhrabusiness.com/NewsImageFiles/DavyMarkham has bagged a prestigious order from M/s. Hudson Bay Mining Inc. (HBMI), Canada worth about 8.3 million pounds towards supply of mining hoists to their new copper zinc mine at Monitoba, Canada. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=DavyMarkham-forays-into-Canadian-mining-market.htmlFri, 09 Jul 2010 02:52:33 GMThttp://www.andhrabusiness.com/NewsImageFiles/ING Life India, a part of the ING Group, on Friday announced its plans to infuse a fresh capital of Rs 240 crore into the company during this fiscal, with an aim to increase its business by five times and expand its customer base to 5 million in coming five years.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ING-Life-to-infuse-Rs-240-cr-fresh-capital-for-expansion.htmlFri, 09 Jul 2010 02:35:47 GMThttp://www.andhrabusiness.com/NewsImageFiles/PTE Academic, an English language proficiency test developed by Pearson, the global media, education and publishing group, has been granted acceptance by Harvard Business School. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=PTE-Academic-gets-nod-from-Harvard-Business-School.htmlFri, 09 Jul 2010 01:29:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/Future Capital, the financial services arm of Kishore Biyani-promoted Future Group, is planning to raise a sum of Rs 300 crore through the issue of Redeemable Non-Convertible Debentures (NCDs).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Future-Capital-to-raise-Rs-300-cr-through-debentures.htmlFri, 09 Jul 2010 11:18:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/ICICI Bank has raised a sum of $500 million through the issue of 5.5 years fixed rate bonds, through its Hong Kong branch. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ICICI-Bank-to-raise-$500-mn-through-bond-issue.htmlFri, 09 Jul 2010 09:14:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Registrar of Companies (ROC), Andhra Pradesh has recently issued notice to Maytas Properties for not filing requisite documents pertaining to the financial year 2008-09 with ROC. The ROC is awaiting reply. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ROC-issues-notice-to-Maytas-Properties-for-non-compliance.htmlThu, 08 Jul 2010 08:17:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080836116875000.jpgOracle has announced the launch of Oracle® Business Intelligence 11g, the most complete, integrated and scalable suite of Business Intelligence products for customers to achieve better business visibility and alignment. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Oracle-launches-Business-Intelligence-products.htmlThu, 08 Jul 2010 07:36:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/GlacialTech, a world class provider of cost effective cooling components and chassis, is going to launch the latest IGLOO 5751 PWM Multiple Platforms Cooler for computer CPUs.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=GlacialTech-launches-multiple-platform-coolers-for-computer-CPUs.htmlThu, 08 Jul 2010 07:22:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/The Ministry of Corporate Affairs in association with trade and regulatory bodies is planning to conduct investor awareness programmes to attract more investments from the common people in corporate sector.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India-Investor-Week-from-July-13-17--2010.htmlThu, 08 Jul 2010 07:02:34 GMThttp://www.andhrabusiness.com/NewsImageFiles/HCL Infosystems a hardware, services and ICT Systems integration company, on Thursday announced the launch of HCL O’zone – an end to end cloud based computing solution service for its customers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=HCL-O’zone-to-provide-end-to-end-solutions-to-customers.htmlThu, 08 Jul 2010 06:36:48 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080642302812500.jpgIt was political opportunism of the worst kind that paralysed the country for a day. The two political “untouchables,” the Bhartiya Janata Party (BJP) and the Left parties, joined hands to whip up popular anger over the government’s decision to hike petro-fuel prices. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Does-aam-aadmi-drink-petrol.htmlThu, 08 Jul 2010 06:05:25 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080613007031250.jpgCity-based port operations and marine services company, Ocean Sparkle Limited (OSL) has received investments to the tune of $11.1 million (£7.3 million) through the divestment of 8.22 per cent equity share to Eredene Capital PLC. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Eredene-Group-buys-stake-in-Indias-leading-port-services-operator.htmlThu, 08 Jul 2010 06:02:03 GMThttp://www.andhrabusiness.com/NewsImageFiles/Good Earth Winery has added another wine to their collection and launched Antaraa. Antaraa, which means "verse" in Hindustani classical music, is a new twist on the classic blend of two varieties with deep roots in the Nasik Valley.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Good-Earth-Winery-launches-Antaraa.htmlThu, 08 Jul 2010 06:00:37 GMThttp://www.andhrabusiness.com/NewsImageFiles/Young professionals in India believe in working smart rather than working hard, are competitive, take pride in owning hi-tech gadgets and want lots of money, faster and quicker. These were some of the observations of a survey conducted by Steelcase WorkSpace Futures.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Gen-Y-want-lots-of-money--faster-and-quicker.htmlThu, 08 Jul 2010 05:57:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/Godrej Properties Ltd. (GPL), the real estate development arm of the Godrej Group, on Thursday announced its entry into NCR (National Capital Region) with the company’s first residential project in northern India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Godrej-Properties-to-foray-into-NCR-market.htmlThu, 08 Jul 2010 05:38:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/Everonn Education Limited, the world’s largest VSAT education network company, has forayed into setting up of K – 12 schools across the country through its wholly owned subsidiary Everonn School Limited (ESL).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Everonn-forays-into-setting-up-of-K-12-schools.htmlThu, 08 Jul 2010 04:53:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Reliance Mobile and Samsung Mobile have announced the launch of India's first CDMA Android Smartphone, the Samsung Galaxy i899 that will offer an enhanced experience of seamless Speed Data on the Move offering speeds upto 3.1 Mbps to Reliance Mobile customers. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=India’s-first-CDMA-Android-Smartphone-is-here.htmlThu, 08 Jul 2010 04:29:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080432438281250.jpgSolar Semiconductor, Inc. and Conex Energy, Inc. announced here on Thursday that they entered into an agreement to develop over 300 MW of solar opportunities at different locations in California and Ontario, Canada. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Solar-Semiconductor--Conex-Energy-to-jointly-develop-300-MW-opportunities-in-North-America.htmlThu, 08 Jul 2010 04:11:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080559298593750.jpgIn an effort to bring shoppers out of their homes his monsoon season, Hypercity Mall has announced 'Hyper Pouring Games', an exciting Indoor Games week at its outlets. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Monsoon-time-is-shopping-and-playing-time-at-Hypercity.htmlThu, 08 Jul 2010 04:07:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/Muzicall, a leading provider of ringback tone (RBT) services in Europe, has announced a new strategic partnership with IMImobile, the global technology partner for operators, media providers and enterprises. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Muzicall-and-IMImobile-announce-strategic-partnership.htmlThu, 08 Jul 2010 04:03:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Symbiosis International, will host the international conference on ‘Internationalization of Higher Education’ with special reference to management education, at Symbiosis Knowledge Village from October 14 to 15, 2010.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Symbiosis-varsity-to-host-international-conference.htmlThu, 08 Jul 2010 03:47:28 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian professionals garnered largest chunk of H1B visas in 2009, taking the strength of non-immigrant Indian residents in United States to 364,757, second only to Mexico’s 425,826 people who made the US their temporary home.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Indians--2nd-largest-group-of-non-immigrant-residents-in-US.htmlThu, 08 Jul 2010 03:23:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080328344062500.jpgReliance Power has announced the financial closure of its 4,000 MW Krishnapatnam Ultra Mega Power Project being developed by Coastal Andhra Power Ltd., its wholly owned subsidiary.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Reliance-Power-raises-Rs-17-500-cr-for-Krishnapatnam-plant.htmlThu, 08 Jul 2010 03:00:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007080304405937500.jpgymantec Corp. on Thursday launched an updated version of Symantec Data Loss Prevention software which was designed to help businesses prevent data leaks in the changing IT environments. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Symantec-launches-updated-data-loss-prevention-software.htmlThu, 08 Jul 2010 02:21:36 GMThttp://www.andhrabusiness.com/NewsImageFiles/Indian chapter of Prepaid International Forum (PIF) on Thursday announced that it would roll out a comprehensive consumer education programme to create awareness about the need for adoption of prepaid products and services in the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Prepaid-forum-to-create-awareness-on-prepaid-products.htmlThu, 08 Jul 2010 01:45:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/L & T Infrastructure Finance Company (L&T Infra), a subsidiary of L&T, on Thursday announced that it received ‘Infrastructure Finance Company’ status from the Reserve Bank of India (RBI).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=LandT-Infra-gets-Infra-NBFC-status-from-RBI.htmlThu, 08 Jul 2010 01:21:15 GMThttp://www.andhrabusiness.com/NewsImageFiles/Private security solutions group, G4S India has announced its support to the social cause of ‘Save the Girl Child' and ‘AIDS Awareness Campaign’ with Miss Universe and IG International. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=G4S-supports-Miss-Universe-to-promote-social-causes.htmlThu, 08 Jul 2010 12:15:27 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based animation and gaming company DQE has announced the signing of two exclusive broadcast agreements with Korea-based broadcasting company, The Education Broadcasting System (EBS) and Canda-based Tele-Quebec, for 'The Jungle Book' 3D animated TV series.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=DQEs-Jungle-Book-goes-to-Korea-and-Canada.htmlThu, 08 Jul 2010 12:10:53 GMThttp://www.andhrabusiness.com/NewsImageFiles/Videocon Industries Ltd has raised a sum of Rs 160 crore through the preferential allotment of shares.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Videocon-Industries-raises-Rs-160-cr-through-preferential-issue.htmlThu, 08 Jul 2010 11:42:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has won second order from Hindustan Petroleum Corporation Limited (HPCL) for a 25.5 megawatt (MW) capacity wind power project at the Akal site in Jaisalmer district of Rajasthan.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Suzlon-receives-25.5-MW-order-from-HPCL.htmlThu, 08 Jul 2010 11:12:52 GMThttp://www.andhrabusiness.com/NewsImageFiles/Satyam Computer Services Ltd, now Mahindra Satyam, on Wednesday said the Company Law Board (CLB) granted it a three-month extension to announce its financial results for the last two years.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Satyam-gets-time-till-Sept.30-to-declare-its-restated-accounts.htmlWed, 07 Jul 2010 09:54:44 GMThttp://www.andhrabusiness.com/NewsImageFiles/IT services firm, ValueLabs inaugurated its 10,000 sq.ft foot office space in Hyderabad, dedicated to offer technical helpdesk, IT validation and a host of dedicated services for New Jersey-headquartered biopharmaceutical company, Celgene Corporation.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ValueLabs-opens-new-centre-for-Celgene-Corp-in-Hyderabad.htmlWed, 07 Jul 2010 08:00:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070812483281250.jpgToyota Kirloskar Motor (TKM) has announced that Toyota Kirloskar Auto Parts Pvt, Ltd (TKAP), a joint venture between Toyota Motor Corporation (TMC), Toyota Industries and Kirloskar Group, will produce engines and transmissions for the Toyota Etios. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Toyota-Kirloskar-to-produce-engines-and-transmissions-for-Toyota-Etios.htmlWed, 07 Jul 2010 07:44:02 GMThttp://www.andhrabusiness.com/NewsImageFiles/When most Indian IT companies preferred to tread the safe and more lucrative path of services, Ramco Systems dared to be different and chose to retain its identity as a product oriented firm. The company is riding on the success of its recently launched ERP product RODE. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=To-create-a-company-like-Microsoft-or-Apple-is-our-goal-Ramco-Systems.htmlWed, 07 Jul 2010 07:13:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070721081562500.jpgSolar Semiconductor, a pioneer in solar energy solutions, is expanding its manufacturing operations with an investment of $160 million (Rs 753 crore) that will take its manufacturing capacity from existing 196 MW to 600 MW, according to its President and CEO, Hari R Surapaneni.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Solar-Semiconductor-to-triple-production-capacity-with-$160-million.htmlWed, 07 Jul 2010 06:52:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070656097500000.jpgVideocon d2h has lodged a complaint with the Mumbai Cyber Cell Police Station, Bandra Kurla Complex, Mumbai requesting them to block certain fake websites which are using the Videocon d2h brand name to hoodwink the public into parting with their money and malign their brand name. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Videocon-d2h-falls-victim-to-phishing.htmlWed, 07 Jul 2010 06:26:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/Marriott has won the distinction of being the 4th great place to work at in the country in 2010 by the Great Place to Work Institute, India in partnership with The Economic Times. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Marriott-ranked-fourth-best-place-to-work-in-country.htmlWed, 07 Jul 2010 05:55:46 GMThttp://www.andhrabusiness.com/NewsImageFiles/The "Media Magazine" published from Hong Kong and Singapore has ranked Amul as the no. 1 Indian brand of Asia-Pacific in its list of top 1000 brands of Asia-Pacific for the second consecutive year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Amul-ranked-no.-1-Indian-brand-in-Asia-Pacific.htmlWed, 07 Jul 2010 05:17:07 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070521070312500.jpgA banking fraud can be detected. The Credit Information Bureau of India Ltd (CIBIL), which keeps a hawk's eye on all banking transactions, launched its 'CIBIL Detect' in association with its technical partner TransUnion.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CIBIL-makes-fraud-detection-in-banking-easy.htmlWed, 07 Jul 2010 05:10:23 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070530446250000.jpgOn the occasion of the celebration of 100 years in the luggage industry, Samsonite launched a limited edition of 150 bags of the Aero PC- Harbour Blue bags. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=New-limited-edition-bags-from-Samsonite.htmlWed, 07 Jul 2010 04:20:24 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007070424280781250.jpgIndiaMART.com and IAMAI on Tuesday organized a conference 'Free for SMEs' at India Habitat Centre, New Delhi and released a report 'Free for SMEs' which enlists and elucidates on the free and low-cost ICT solutions which can be leveraged by these enterprises to increase their productivity. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IndiaMart.com-to-beef-up-SME-growth-through-free-ICT.htmlWed, 07 Jul 2010 02:56:40 GMThttp://www.andhrabusiness.com/NewsImageFiles/Octamec Group, a major player in the steel construction sector, has announced that its group subsidiary Octamec Building Systems, will be investing Rs.175 crore towards the setting up of a pre engineered metal building unit in the Dobbaspet region on the outskirts of Bangalore. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Octamec-Group-sets-up-manufacturing-facility-in-Karnataka.htmlWed, 07 Jul 2010 01:24:18 GMThttp://www.andhrabusiness.com/NewsImageFiles/JSW Steel Ltd., belonging to JSW Group, part of the O.P. Jindal Group, has reported a growth of 14 per cent in crude steel production for Q1 FY2011 compared to that of the corresponding quarter of last fiscal year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=JSW-Steel-production-rises-by-14-pc-in-Q1.htmlWed, 07 Jul 2010 01:05:13 GMThttp://www.andhrabusiness.com/NewsImageFiles/Apple afficonados in the city have more reasons to cheer with the second Apple iStore making its way to the city. Reliance digital an arm of Reliance Retail and India’s official Apple Premium Reseller Chain opened its second store at Inorbit Mall, Madhapur, Hitec City, Hyderabad. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Hyderabad-gets-second-Apple-iStore.htmlWed, 07 Jul 2010 11:21:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007071123594531250.jpgZodiac Clothing Company Ltd is planning to issue bonus shares to its shareholders. The bonus shares would be issued to the members of the company in the proportion of the one equity share for every two equity shares held in the company.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Zodiac-Clothing-to-issue-bonus-shares.htmlWed, 07 Jul 2010 10:02:26 GMThttp://www.andhrabusiness.com/NewsImageFiles/Higher income from operations helped financial services firm Religare Enterprises clock a profit of Rs 96.92 crore for the year 2009-10 as compared to a loss of Rs 63.58 crore during the previous fiscal. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Religare-posts-net-profit-of-Rs-96-cr-in-2009-10.htmlWed, 07 Jul 2010 09:16:19 GMThttp://www.andhrabusiness.com/NewsImageFiles/One of the India’s leading steel manufacturer Tata Steel on Tuesday said it sales in the first quarter of current fiscal remained flat compared to a year due to slump in domestic demand and increase in imports from China.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Chinese-imports-keep-Tata-Steel-sales-flat-in-Q1.htmlTue, 06 Jul 2010 07:24:05 GMThttp://www.andhrabusiness.com/NewsImageFiles/Seven Indian Institutes of Technology (IITs) have joined hands with the Ministry of Human Resource Development for the development of a management plan of the Ganga river basin.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=IITs-come-together-to-clean-the-Ganga.htmlTue, 06 Jul 2010 07:08:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/S. E. Investments Ltd., a leading financial services company which focuses on micro credit, has been rechristened as ‘SEIL Microfin Limited.’http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=S.-E.-Investments-is-now-SEIL-Microfin-Limited.htmlTue, 06 Jul 2010 06:04:43 GMThttp://www.andhrabusiness.com/NewsImageFiles/Two weeks ago, while in Singapore to attend CommunicAsia, the largest ‘mela’ of the telecom industry in the Asia-Pacific region, I had an opportunity to experience at first hand, the technology of satellite telephony, perhaps the only truly global means of communication today.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Security-concerns--scatty-solutions.htmlTue, 06 Jul 2010 05:22:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060525058125000.jpgState-owned miner NMDC would invest Rs 10,000 crore in a joint venture with Japanese companies Nippon Steel and Kobe for two separate projects in the country. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NMDC-to-invest-Rs-10-000-cr-in-JV-with-Japanese-companies.htmlTue, 06 Jul 2010 05:08:12 GMThttp://www.andhrabusiness.com/NewsImageFiles/German auto giant Volkswagen on Tuesday took wraps off its compact sedan Vento, which would hit Indian market in the last quarter of this calendar year.The compact model,to be slotted in midsize sedan segment, is the first model from Volkswagen that has been designed and manufactured in India. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Volkswagen-unveils-compact-sedan-Vento.htmlTue, 06 Jul 2010 04:55:22 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060502061718750.jpgAfter Monday's dull trade and a largely quiet forenoon session stock markets rapidly picked up pace in the noon trade closed up by about 1 per cent on Tuesday. The BSE Sensex was up 173 points or 0.99 per cent to close at 17,614, while the NSE Nifty closed 53 points or 1.02 per cent up at 5,289.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Sensex-closes-173-points-up-on-global-cues.htmlTue, 06 Jul 2010 04:16:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/ApnaCircle.com, an Indian business and career networking site, on Tuesday announced its integration with Twitter, the micro-blogging social network.This integration allows the users of these sites to synchronize their ApnaCircle and Twitter accounts to 'share' their status updates in real-time.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=ApnaCircle.com-announces-integration-with-Twitter.htmlTue, 06 Jul 2010 03:42:38 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060347143593750.jpgCity-based Dr Reddy’s Laboratories is among the seven Indian companies that were in the Asia’s Top 20 Publicly Listed Life Science Companies, a survey revealed. The other Indian companies in the list included Cipla, Ranbaxy Laboratories, Cadila Healthcare, Lupin, Aurobindo Pharma and Sun Pharma. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Dr-Reddy’s--among-top-20-life-science-companies-in-Asia.htmlTue, 06 Jul 2010 02:39:32 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060248587343750.jpgAPCOB too will soon have core banking solutions implemented by IT major Polaris Software Lab Limited. Polaris on Tuesday announced that Laser Soft, its associate company, bagged the project from APCOB in all its 22 district central cooperative banks (DCCB). http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Polaris-to-provide-CBS-to-cooperative-banks-in-AP.htmlTue, 06 Jul 2010 02:38:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060243330937500.jpgCreamline Diary Products Ltd. which markets its products under the brand name Jersey, threw open its office in the city on Monday. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Jersey-milk-brand-moves-to-new-corporate-office.htmlTue, 06 Jul 2010 01:26:35 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007060129267031250.jpgFCS Software Solutions Limited on Tuesday launched its mobile application division to tap increasing demand for mobile applications.The company is investing Rs 20 crore into the division and expects it contribute Rs 30 crore to its annual revenue and Rs 10 crore to its net margins from next year. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=FCS-launches-mobile-software-division.htmlTue, 06 Jul 2010 01:19:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/Travel services company Thomas Cook India Ltd has opened nine foreign exchange and travel counters in the newly inaugurated Terminal 3 of the Indira Gandhi International Airport, New Delhi. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Thomas-Cook-gets-nine-counters-in-T3-of-IGI-Airport.htmlTue, 06 Jul 2010 11:13:16 GMThttp://www.andhrabusiness.com/NewsImageFiles/Bugatti, a member of Volkswagen Group, did it again. The French super car maker, which surprised automotive world by launching Bugatti Veyron 16.4 with a record top speed of 408.5 km/h in 2005, claimed that its new Veyron 16.4 Super Sport car set a new production car top speed record of 431 km/h. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bugatti-Veyron-16.4-Super-Sport-car-sets-new-speed-record-of-431-km-h.htmlTue, 06 Jul 2010 10:26:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007061035580156250.jpgNTPC Ltd has announced the signing of Production Sharing Contract (PSC) with the Government for oil exploration blocks awarded under NELP VIII.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=NTPC-signs-4-PDCs-with-Govt-for-oil-blocks.htmlTue, 06 Jul 2010 10:19:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/Inflation which is in double-digit levels now, will ease into a comfortable zone by December, said the Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, on Monday.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Inflation-to-ease-by-Dec-Montek-Singh.htmlMon, 05 Jul 2010 07:47:11 GMThttp://www.andhrabusiness.com/NewsImageFiles/The nationwide bandh called by the opposition parties like the BJP and the Left against the hike in fuel prices, has resulted in losses to the tune of Rs 3,000 cr to the nation according to the Confederation of Indian Industry (CII).http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Bharat-Bandh-resulted-in-Rs-3-000-cr-loss-to-nation-CII.htmlMon, 05 Jul 2010 07:39:49 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007050747079375000.jpgCentral Bureau of Investigation (CBI), which announced earlier that it would file a fourth chargesheet in Satyam scam case, on Monday informed the special court investigating the biggest accounting scam in the country, that it might or might not file the fourth chargesheet. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=CBI-is-not-sure-of-filing-4th-chargesheet-in-Satyam-case.htmlMon, 05 Jul 2010 06:13:06 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007050627437968750.jpgAmerican carmaker Ford, which planned to convert India as one of its exporting hubs, on Monday commenced export of its latest Indian-made small car Figo.The carmaker’s Indian arm Ford India exported 1,200 units of the small car as completely-built-units (CBU) to Durban in South Africa. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Ford-India-starts-Figo-exports--to-hire-1000-people.htmlMon, 05 Jul 2010 05:35:39 GMThttp://www.andhrabusiness.com/NewsImageFiles/201007050540216406250.jpgTata Communications has been chosen by German reinsurance company, Hannover Re, to deploy and run its Telepresence facilities, serving the group’s internal teams in 18 locations across 16 countries.http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Tata-Communication-to-run-Telepresence-service-for-Hannover-Re.htmlMon, 05 Jul 2010 03:59:54 GMThttp://www.andhrabusiness.com/NewsImageFiles/City-based software solutions provider for transportation and logistics industry Four Soft Limited on Monday announced it won a deal from US-based Aries Global Logistics for implementing its global freight forward application 4S eTrans. However, financial details of the deal are not known. http://www.andhrabusiness.com/NewsDesc.aspx?NewsId=Four-Soft-wins-deal-from-Aries-Global-Logistics.htmlMon, 05 Jul 2010 02:31:46 GMThttp:/