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Facebook faces criticism on user privacy: report: Social networking site, Facebook, has faced sharp criticism from the European data protection officials for putting users privacy at risk due to the changes it brought to its service, a media report said.
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OVL, IOC and OIL sign agreement for Venezuelan oilfield: Indian flagship overseas explorer ONGC Videsh Ltd and its partners have signed an agreement to develop a $20 billion oil project in Venezuela that will give energy-deficient India 3.6 million tonnes a year of crude.
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Mercedes Benz launches petrol variant of its C-Class sedan: Luxury car manufacturer Mercedes Benz today launched a new petrol variant of its entry-level C -Class sedan in India, priced at Rs 28.44 lakh (ex-showroom price, Mumbai).
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Credit ratings becoming popular with micro, small firms: National Small Industries Corporation (NSIC) aims at providing credit rating to over 9,000 micro and small enterprises in 2010-11 with the help of leading agencies like Care, Crisil and Fitch.
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New Bill to transform emigration process: The government today said a proposed Bill will transform the emigration process into a simple and hassle-free exercise and also tighten the noose around unscrupulous agents who often dupe people seeking greener pastures abroad.
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Strides gets USFDA nod for muscle relaxant injection: Drug firm Strides Arcolab today said it has received the nod from the US Food and Drug Administration (USFDA) to sell Vecuronium Bromide injections, a muscle relaxant, in the US market.
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Dubai to launch M-visa service soon: Visitors to Dubai will soon be able to collect their visas by e-mail or mobile phone as the authorities here have announced a partnership with a low cost airline to activate the "hassle free" service.
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Govt to set up new Defence Technology Commission: The government today announced setting up of a new Defence Technology Commission to provide a major boost to research and development and decided to go for the second generation of main battle tank 'Arjun' and 'Akash' surface-to-air missile.
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Govt to set up panel for standards on herbal drugs: The government today decided to set up a commission at a cost of Rs 14.08 crore for developing indigenous medicines with an aim to raise the country's share in the $62-billion global herbal drug market.
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Ajnara to invest Rs 400 cr on Greater Noida housing proj: Realty firm Ajnara India today said it will invest about Rs 400 crore over the next thirty months on a housing project in Greater Noida.
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Educomp Solutions Q4 net up 9%: IT education solutions provider Educomp Solutions today said consolidated net profit rose by 9 per cent to Rs 60 crore for the quarter ended March 31, 2010, over the same period last year.
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Markets open on Akshaya Tritiya, this Sunday: As per the BSE release, In continuation to our Notice No.
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Gujarat NRE unit to raise Rs 119 cr through rights issue: Gujarat NRE Coke today said that its associate company Gujarat NRE Mineral Resources (GNMRL) will raise Rs 119.33 crore through the issue of equities to existing shareholders.
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India green energy to power jump in CER issuance: A surge in renewable energy investments could drive a tripling of U.N.-backed carbon offsets issued to emission reduction projects in India by end-2012, a report said on Thursday.
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Mundra Port to consider stock split on May 17: Mundra Port & Special Economic Zone today said its board would meet on May 17 to consider the proposal of stock split on the face value of Rs 10 each.
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Ashmore, PTC India in $750 mn energy infra fund: Emerging markets fund firm Ashmore said on Thursday it has launched a fund jointly with power trading firm PTC India that aims to raise $750 million to finance power projects across all energy-related sectors in India.
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Crompton Greaves Q4 net up 58% to Rs 306 cr: Income from operations rose to Rs 2,507.89 crore for the January-March quarter in 2010, up 1.94 per cent, from Rs 2,460 crore in the same period a year-ago, Crompton Greaves said in a filing to the Bombay Stock Exchange (BSE).
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Godrej Cons FY11 rev to rise 86% after Sara Lee buy: Personal products maker Godrej Consumer Products Ltd said its revenues would rise 86 per cent in FY11 following the buyout of its 51 per cent stake in Godrej-Sara Lee from Sara Lee Corp.
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NY attorney general launches probe against eight banks: The New York attorney general has launched a probe against eight banks, including Citigroup, to determine whether they provided misleading information to rating agencies for inflating the grades of certain mortgage securities, a media report said.
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Ministries to score zero if performance below 60%: Union ministries, which will undergo performance evaluation from this year, will fetch a zero for a task on their report cards if they fail to achieve 60 per cent of the target.
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