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Andhra seeks Rs 6,000 cr advance fund for flood rehab
Andhra Pradesh today sought Rs 6,000 crore as an advance fund for the rehabilitation and restoration works in the state after heavy floods, which it wanted to be declared as a "national calamity with rare severity".

N97 to hit Indian market by Diwali
To cash in on the festivity, the world"s largest handset maker, Nokia, today said it will launch new version of its flagship smartphone N97 in the Indian market by Diwali or middle of October this year.

News of the day

BSNL loses market share by half in three yrs
Defending BSNL"s massive loss in market share to just 16.71 per cent now from over 31 per cent in 2006-07, the government today said it was mainly due to fierce competition and not due to managerial reasons.
Public Relations

US markets surge on homes sales data

US markets jumped on Monday as more-than-two-year high home sales was reported. - ITC flares up to 52-week high - US markets drop on recovery worries - US markets end weak - US markets end marginally lower - IRDA mulls allowing life insurers to invest in derivatives - US markets close in the green The Dow gained 133 points (1.2%) to 10,451. The Nasdaq added 30 points (1.5%) to 2,176. Indian ADRs ended in the green. Patni Computers rallied 5.4% to $20.42. MTNL gained 3% at $3.22. ICICI Bank and Tata Communications were up 2% each at $38.88 and $15.84, respectively. Infosys, Wipro and HDFC Bank moved up around 1% each.


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