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02/19/2007
66 die people died when two bombs exploded on a train from India to Pakistan. The explosion happened on Sunday near a rural area in northern India. The train is known as Samjhauta (Friendship) Express left Delhi railway station on Sunday night, after about an hour enroute the bomb exloded.
10/30/2006
Reliance Retail Limited has launched Reliance Fresh, its fresh food outlets, stepping into the into retail business. The first retail stores will open in Hyderabad on Nov 3, 2006. The first retail outlet was opened to media in Banjara Hills neighbourhood. It will offer a wide variety of fruits, vegetables, and other products in a world-class ambience. Ambani's wife Nita Ambani, is in charge of branding and has designed the stores.
10/17/2006
India's Tata Steel Ltd maybe in the process of takeover of Anglo-Dutch steelmaker Corus Group for 4.1 billion pound ($7.6 billion). This would the largest ever foreign takeover by an Indian company and would follow Mittal Steel's $31 billion acquisition of rival Arcelor earlier this year. The steel industry is under pressure to cut costs and secure precious supplies of raw materials as net importer China now is switches to being a exporter of steel.
10/31/2006
Motorola Inc’s, Padmasree Warrior, executive vice- president and chief technology officer believes the future is in Wi-Max and 4G. Currently India uses 2.5G technologies and BSNL is seeking to rollout 3G networks and has placed an order for equipment worth $5 billion.
Warrior is seens as the India IT industry’s poster girl and rated one of the four most influential women executives by Fortune magazine. Motorola has the proprietary Canopy wireless broadband solution which it has taken up in Rajasthan for a pilot project.
10/16/2006
Reliance Industries chairman and managing director Mukesh Ambani has topped the list of richest Indian. His net worth, based on his shareholdings, to more than Rs 70,000 crore. While Azim Premji, Wipro boss, net worth of about Rs 64,700 crore. Anil Ambani maintained the 3rd position with net worth of over Rs 61,000 crore.
10/05/2006
Microsoft and Hughes plan to develop 5,000 broadband-enabled information and communications technology kiosks across rural India. The kiosks are scheduled to be deployed in 200 small towns and rural regions.
10/04/2006
HP, Hewlett-Packard Co., will be building a 2nd computer manufacturing plant in India to meet the growing demand for computers in India. The plant will be operational by March 2007 and will be located in Pantnagar, which is about 125 miles northeast of New Delhi. The new plant will have a capacity to assemble 300,000 units a month to include computers, workstations, notebooks and servers. The other plant is located in Bangalore.
10/02/2006
Delhi government is considering declaring the outbreak as an epidemic after the number of dengue cases rose from September last year to this year to 448. The national capital has reported 121 fresh cases in the past week, and has killed 11 people so far. Dengue virus is spread by the bite of female aedes mosquito that breeds in clean stagnant water. The disease could spread further in the next two months because the present weather helps in breeding of aedes mosquito.
09/29/2006
Nintendo Wii, pronounced "We", console will be available November 19th in the U.S. at the price of $249. It will include two controllers (the wireless Wii remote and the wired Nunchuck), and the five-in-one Wii Sports title. Some of the games that will be available are The Legend of Zelda: Twilight Princess, Excite Truck, Mario Strikers Charged, Madden NFL 07, Marvel: Ultimate Alliance, Teenage Mutant Ninja Turtles and more. Visit http://wii.nintendo.com/games_list.html for the complete list.
08/23/2006
Coke, Pepsi banned again by Several Indian states after reports of allegations that the beverages contained pesticide residues, which was later dismissed by federal Health Ministry. Kerala went further by even asking the two companies to shut plants in the state.
08/23/2006
A Northwest Airlines plane from Amsterdam's Schiphol airport heading to Mumbai, India turned back to Amsterdam after crew reported suspicious behavior by some passengers. Police first questioned the passengers and thenarrested 12 of the 149 passengers on flight 42 to Mumbai.
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