The Hindu Business Line : Saturday, July 18, 2009

WEB EXTRAS

OUTLOOK: ‘Chandrayaan is fine; sensor hitch sorted out’
Bangalore, July 17 The Indian Space Research Organisation (ISRO) on Friday admitted that its lunar craft, Chandrayaan-1, developed an orientation problem on April 26 and nearly lost its bearings four lakh km away in ...

ECONOMY: A precarious social safety net
The existing formal retirement saving schemes cover no more than 11 per cent of the labour force, bemoans Kumudini Hajra in one of the essays included in Economic Reforms in India and China: Emerging issues and challenges, ...

MANAGEMENT: CLB allows withdrawal of 4 Govt nominees from Mahindra Satyam
New Delhi, July 17 The Company Law Board (CLB) has allowed the Government to withdraw four of its six nominees on the board of Satyam Computer Services Ltd, now known as Mahindra ...

RAILWAYS: GVK open to change of partners for Hyderabad Metro
The GVK Group has confirmed participation in the fresh bidding for the Rs 12,132-crore Hyderabad Metro Rail Project, but was open to changing its consortium partners according to the new ...

RADIO/TV: BIG, Nimbus among 5 to cover Commonwealth Games
New Delhi, July 17 Reliance ADAG’s BIG Productions and Nimbus are among the five names short listed to produce Commonwealth Games ...

OUTLOOK: IPAN to leverage Hill & Knowlton network
Chennai, July 17 With WPP’s global communications consultancy, Hill & Knowlton, taking over the management of public relations consultancy IPAN from JWT India, it would help overseas companies looking to enter India make a ...

OUTLOOK: Low pressure may soak partsof rain-deficit regions
Unfortunately for India, this triggered the transmission of a subsidence-promoting wave into the northwest. According to Dr Gupta, it is this quasi-subsidence phenomenon that has repelled monsoon ...

HORTICULTURE/FRUITS & VEGETABLES: Bt brinjal: No outstanding bio-safety issues
After the fibre crop Bt. Cotton, genetically-engineered food crops look set for more action, with Bt. Brinjal (eggplant) and golden rice expected to be released in the country in less than ...

E-GOVERNANCE: Elcot to issue tender for 1 lakh Rs 13,000 PCs
The Electronic Corporation of Tamil Nadu (Elcot) will shortly issue a tender for procuring one lakh desktop computers to be sold to households at a price of around Rs 13,000, according to Dr Santhosh Babu, Managing ...

FINANCIAL PERFORMANCE: Sonata Soft net falls marginally
Bangalore, July 17 The Bangalore-based Sonata Software Ltd reported a modest sequential growth in net profit for the June quarter though it fell marginally compared with the year-ago period, and showed greater confidence about ...

OUTLOOK: Venture capital to India slides 72% in first half
Chennai, July 17 Venture capital investment in India has dropped nearly 72 per cent to $117 million over 27 deals during the six months ending June 2009 compared with $413 million investment in 67 deals in the first half of last year, ...

OUTLOOK: Ship lists off Mangalore coast
Mangalore, July 17 A merchant vessel bound for China with iron ore fines developed a listing (tilting) 20 nautical miles off the New Mangalore Port on ...

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Markets (July 17)

Nifty (at close)	4,374.95 (+143.55)
US Dollar (Buy/Sell)	48.72/73
Brent crude (a bbl) Rs	3,078
Gold (a gram) Rs	1,377
Silver (a kg) Rs	22,890

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