India puts South Asia on growth path: World Bank

TOP NEWS

India puts South Asia on growth path: World Bank
With India expected to contribute much to new global energy demand in the next two decades and rising savings, South Asia is on the path toward sustainable economic growth.

Indian exports to Africa can touch $50 Bn by 2012: Ficci
An apex Indian business chamber has released a survey saying India should discuss with African countries ways to make business easier in order to double exports to $50 billion in 2012.

$1 Bn infrastructure fund on anvil
India will be among five countries to have 'Style City'

TECHNOLOGY NEWS

Xerox India launches 'Next' to nurture channel partnerships
Xerox India has launched NEXT (New Enhanced Xerox Team) channel program that offers enhanced value proposition for the entire spectrum of Xerox's channel and alliance partners.

HP launches mini-laptop for students
Hewlett Packard (HP), the world's largest seller of computers, unveiled a mini-laptop on Tuesday that sells for $500 and is aimed at the education market.

Army for indigenous technology to manage battlefield
TANDBERG opens R&D center in Bangalore

BUSINESS NEWS

'Friendship is number one attraction of social networking sites'
For a person, keeping in touch with people he knows is the strongest reason for joining a social networking site, according to a survey on 'the usage patterns of Social Networking websites'.

L&T bags four orders worth over $420 Mn
Larsen & Toubro (L&T) has bagged four orders worth $421.6 million (Rs.16.87 billion) from the Rajasthan government, Bhushan Steel-Orissa, SAIL Bokaro Steel Plant and the Damodar Valley Corporation (DVC).

Kingfisher to open 24 cabin crew training centres
AMD says no job cut in India operations

VENTURE NEWS

Aperto Networks raises $20 Mn in new equity Financing
Aperto Networks, builder of the world's most advanced carrier-grade and cost-effective WiMAX base stations and subscriber units, announced today that it has secured $20 million of new equity funding.
Top Omani firm in JVs with three Indian companies
Leading Omani business group W.J. Towell has tied up with three Indian companies for real estate projects in the Gulf nation.
Patton Electronics sets up JV with Chennai firm

OTHER NEWS

Canada to have more visa staff in Delhi mission
Canada will allocate more resources and staff to its New Delhi mission to speed up processing of immigration applications.

Indian American expects a big settlement from Facebook
Facebook, the popular social networking website, is close to settling the suit about its origins brought by three founders of ConnectU site, including Indian American hedge fund analyst Divya Narendra.

U.S. senators question nine Indian firms on H1-B visas
Gujarat institute to develop 100,000 micro enterprises

17 Indians in WEF's Global Young Leaders list

Top News
17 Indians in WEF's Global Young Leaders list
Seventeen Indians could make it to the list of Young Global Leaders for 2008, announced by the World Economic Forum (WEF) on Tuesday.
India fund assets to reach $440 Bn by 2012: McKinsey
With mutual funds and portfolio management services playing as key drivers, the total assets under management (AUM) in India is projected to $440 billion by 2012.
Relocation no issue for Indian workers: survey Indian employers most optimistic

Technology News
BlackBerry security issue makes e-com insecure
Indian operators offering BlackBerry services and some other top executives are expected to meet on March 14 to address the concerns of security agencies.
India has only 130,000 scientific researchers: minister
India has a mere 130,000 scientific researchers against seven times that number in China, and the government is taking steps to address the imbalance.
Less than one percent spent on R&D in scienceChinese institute award for Indian at Microsoft

Business News
Canada clears Strides Arcolab's injection
The Canadian health department has given approval to Mumbai-based Strides Arcolab for its Tazo Pip sterile injection.
Piaggio eyes four-fold increase in Ape Truk sales
In order to cash on the sub one tonne goods carrying vehicle sales, Piaggio Vehicles is targeting over four fold increase in sales of its four-wheel goods carrier Ape Truk.
India's first web portal for the disabled launchedGujarat tops in cotton output in India

Venture News
Soc-Gen raises $8.44 Bn to plug loss
Seeking to restore its status as a top-tier bank, Societe Generale SA (Soc-Gen) bank has raised $8.44 billion in new capital through a share offering.
REC enters market with 19.05 percent IPO premium
Equity shares of public sector enterprise Rural Electrification (REC) were listed at the Bombay Stock Exchange at a premium of 19.05 percent Wednesday, at Rs.125 against its issue price of Rs.105.
Tata Motors plans to raise $1 Bn to finance J-LR dealNoblePeak Vision raises $12 Mn in series B Financing

Other News
Global Indian award for Sam Pitroda
The Canada-India Foundation (CIF) has decided to honour Indian Knowledge Commission chairman Sam Pitroda with the first annual Global Indian Award for pioneering the telecom revolution in India.
Haier Mobile appoints new president
Haier Mobile has appointed Sudhir Aggarwal as its new president, a company statement said here on Wednesday.
Indian American girl wins 'Junior Nobel'Uttar Pradesh, Madhya Pradesh have most women officers