Stock Watch
Domain Names to be available in Indian languages
Domain Names, currently available only in Latin characters and few IDN options, would be made available in Indian regional languages by June 2010. A domain name gives a particular identity to a user and helps to access a particular website by entering it in the address bar of a browser.
Categories: Stock Watch
1.79 Million Bales of Cotton for Exports Contracted by India
The marketing year of 2009/10, which had started in October, has seen about 1.79 million bales of cotton, where each bale was about 170 kg each, being contracted by India for exports. The demands have increased when compared to last year's demands and there is an increased demand in China as the production of the crop has been quite low there.
Categories: Stock Watch
Mobile Phones without IMEI To Become Useless From November 30
It is a reported fact that there are many mobile phones, almost more than a million, which do not have an exclusive identification number. All mobile handsets are required to have an individual 15 - digit number called the IMEI or the International Mobile Equipment Identity as it helps the security agencies to trace the calls from one phone to another.
Categories: Stock Watch
MF Platform to Be Introduced By NSE
All the prime mutual fund houses, which also include the UTI Mutual Fund, are eager to be part of the recent mutual fund service system belonging to National Stock Exchange. Reports have come through that the new MFSS or the mutual fund service system is to be officially launched on Monday.
Categories: Stock Watch
Traces of New Oil Reserve Found in Gujarat, ONGC Shares Jump
On reports that the Oil & Natural Gas Corporation has discovered traces of a new and previously untouched oil reserve, the company's shares today gained 1.21% on the Bombay Stock Exchange and hit a new high if Rs. 1182.30 per share. The new discovery will, as per the company's claims, increase its production by nearly 20%.
Categories: Stock Watch
Government Reports April-October Fiscal Deficit of 61% of Complete Year Target
Figures released by the Controller General of Accounts have confirmed that India's fiscal deficient hiked to 2.45 Trillion Rupees ($52.75 Billion), or 61% of the complete year target, for the April- October period for the current year, a substantial rise from the deficient of 1.17 Trillion Rupees recorded for the same period last year.
Categories: Stock Watch
7.9% Growth Recorded by Indian GDP in Second Quarter
Official figures released on Monday confirmed that India, for the current fiscal year's second quarter, recorded a whopping 7.9% growth, exceeding the 6.3% expectation. The growth is a substantial rise from the 6.2% recorded for the previous quarter.
Categories: Stock Watch
M-6060 dual SIM Phone Unveiled by Spice
Spice Mobiles Ltd. has launched its first ever M-6060 Dual SIM mobile handset, which supports two GSM SIM cards simultaneously, The "edutainment" phone reportedly has features related to both education and entertainment.
Categories: Stock Watch
EPO Awards 3 Patents to 3 Suven Drugs
As has been confirmed by the company, drug-maker Suven Life Sciences has been awarded patents by the European Patent Office for as many as 3 of its chemical entities, used in drugs which are mainly for treatment of nerve disorders.
"The company gets three patents -- EP1537113, EP1704154 and EP1856132 and the said are valid until 23, and 24, 2022, respectively", Suven said in its official filing to the Bombay Stock Exchange.
Categories: Stock Watch
INR Strengthens by 25 Paise against USD in Early Trading
As hopes of a fresh inflow of capital into equity on back of firming trends across Asian markets increased, the Indian Rupee in early trading today strengthened by 25 paise against the US Dollar, to trade at a new high of Rs. 46.39. A better-than-expected economic expansion of the Indian economy in the September quarter, as well as the Dollar's loss against other currencies, also helped fuel the Rupee's strength against it.
Categories: Stock Watch
CAT’s digital format leaves students high and dry
The first ever computer-based Common Admission Test grappled with some technical glitches at many centers, leaving aspirants high and dry.
Both administrators and invigilators remained fail to grasp the actual problem at the test centers.
Many centers in different cities reported the similar problem and the students did not get any official information regarding cancellation of exam.
Categories: Stock Watch
Monday to Mark Take-off of NPCIL and L&T Nuke Forgings Joint Venture
Monday, as confirmed by both the parties involved, will mark the takeoff of the proposed joint venture between Nuclear Power Corporation of India (NPCIL) and Larsen & Toubro (L&T) for making nuke forgings, an important part of the complete construction of nuclear reactors.
"NPCIL and L&T will announce the formation of the joint venture to manufacture nuclear forgings on Monday", it has been reported.
Categories: Stock Watch
Railway Minister Lays Foundation for First Automobile Logistics Hub at Shalimar
Mamata Banerjee, the country's Railway Minister, today laid the foundation for the country's first ever automobile logistics hub at Shalimar in Howrah, while simultaneously announcing that similar hubs will be, over the coming time, set up at nine more places across the country.
Categories: Stock Watch
Heavy Taxes on Branded Processed Agricultural Products Have Negative Impact on Competitiveness
A report released by the Associated Chambers of Commerce and Industry has revealed that in India, the heavy taxes of over 18% imposed on "branded processed agricultural products" is having an adverse effect on the sector's competitiveness, as only about 2% of the country's fruit and vegetable produce is processed, and that worth about Rs. 50,000 every year is wasted.
Categories: Stock Watch
BHEL scraps Singur power project plan
State owned Bharat Heavy Electricals Ltd (BHEL) has pulled its hand from the proposed thermal power plant in Singur stating some technical and financial problems. The firm has apprised West Bengal government about its decision through a letter addressed to the West Bengal Power Development Corporation Managing Director Mr. Debashish Sen.
Categories: Stock Watch
Zemno comes with DeskBook Pro Portable Docking Station
Zemno has come up with a new portable DeskBook Pro Docking Station embedded with ModBay technology that makes it easy to internally support connection of hard drives, batteries and peripherals. ModBays is useful to provide additional access to power besides being portable.
Categories: Stock Watch
Asus introduces Sabertooth 55i Motherboard in India
The first product of Asus’s Ultimate Force series motherboards has been introduced in India with the launch of Intel P55 Express based Asus Sabertooth 55i motherboard in the market.
The product, available for Rs. 17,700 with three years of warranty, has been equipped with Intel Turbo Boost Technology with Intel LGA1156 Socket based Core i5 and Core i7 processors for delivering highly efficient results.
Categories: Stock Watch
RBI to Study Impact of Dubai Crisis
The Reserve Bank of India has started the process to study the impact of Dubai World crisis on Indian economy, asking lenders to give details of their exposure to Dubai World.
Speaking to reports in Hyderabad, RBI Governor Duvvuri Subbarao, added, "I have requested our officers to study this. If necessary, we will certainly communicate in the public what the implications might be."
Categories: Stock Watch
Tata DOCOMO launches BlackBerry Curve 8520 in India
Research In Motion (RIM)’s sleek, stylish and accessible Blackberry Curve 8520 has recently hit the Indian markets. The wireless innovation bigwig RIM has launched the smartphone in the country in association with Tata DOCOMO - Tata Teleservices Limited’s GSM brand and India’s dual-technology telecom service provider.
Categories: Stock Watch
Delhi’s Metro Rail has crossed 1 billion passenger mark
The Delhi Metro railway announced its achievement of going up to the level of 1 billion passengers traveled on its vast networks since 25th December 2002, when it started, on Thursday.
Categories: Stock Watch
