Nivio launches Rs 4999 USD 100 Computer

Nivio (www.nivio.com), the world’s first online Windows desktop, today unveiled the nivioCompanion in New Delhi, India; a tiny US$100 set-top box device with big ambitions and the power of Nivio behind it.  nivioCompanion works just like a normal Windows desktop except that it is run on the internet instead of locally, on a computer. Because … Read more Nivio launches Rs 4999 USD 100 Computer

Dr Reddys advances on approvals for INDs

The company has received approvals for its three investigational new drugs (INDs). These INDs are used in the treatment of chronic obstructive pulmonary disease (COPD), dyslipidemia and artherosclerosis and associated cardiovascular diseases. The pharma major has also announced that it will merge its Drug Discovery operations with its wholly owned subsidiary Aurigene, effective from July … Read more Dr Reddys advances on approvals for INDs

Tata Capital Housing ventures into housing finance business

The Tata Group is re-entering the home finance business after a gap of six years with Tata Capital Housing Finance, a wholly owned subsidiary of Tata Capital, getting the certificate of registration from the National Housing Bank to begin business as a housing finance company. The new company is planning to offer both fixed and … Read more Tata Capital Housing ventures into housing finance business

MTNL services disrupted in Delhi, Mumbai due to strike

Thousands of gazetted executives of state owned Mahangar Telephone Nigam (MTNL) struck work for the second day rejecting the management’s offer of a pay revision with 5% fitment benefit. The Class I and Class II officials are demanding for a 30% fitment in the new pay scales with housing rent allowance (HRA) approved by the … Read more MTNL services disrupted in Delhi, Mumbai due to strike

Unitech – Warrants for promoters + Long Term Funds

Unitech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2009, inter alia, has approved the following proposals subject to the requisite approvals: 1. Raising of additional long-terms funds through issuance of further securities in the Company. 2. Issuance of Warrants in the Company to … Read more Unitech – Warrants for promoters + Long Term Funds