Archive for May, 2009
15th Lok Sabha now have 79 ministers
May 28th
Today 59 new ministers are included in the council and this makes Team Manmohan’s total count to 79, just two less of the upper ceiling of 81. The swearing-in takes place at 1130 hrs IST. In the first round of swearing-in 19 ministers along with Manmohan Singh had been sworn in on May 22.
15th Lok [...]
Blast near ISI headquarters in Lahore
May 27th
Terror struck Lahore for the third time in two months when an explosives-laden vehicle apparently targeting the ISI headquarters went off in crowded Civil Lines area, killing at least 30 people and leaving nearly 150 injured. ( Watch )
At least four men with rifles stepped from the car and opened fire on the intelligence [...]
Windows Vista SP2 ready for download
May 27th
For Microsoft Windows Vista user Service Pack 2 is now available for download from Microsoft Download Center. It can be downloaded either as a standalone installer or as an ISO image for burning onto a CD/DVD.
Windows Vista SP2 (Windows6.0-KB948465-X86.exe) is around 348 MB. If you don’t want to download, wait until Microsoft pushes the SP2 [...]
Market hit Upper Circuit
May 18th
The one-sided win for the UPA government (lead by 262 seats) in the 15th Lok Sabha election, which shrugged off the exit polls results drastically, brought great cheers for the markets in early trade. The benchmark indices locked at upper circuit. The BSE & NSE are in discussion on extent of trading halt, as the [...]
India`s FY10 GDP to grow at 5.7%
May 15th
Reserve Bank of India (RBI) on Thursday released the results of quarterly survey of Professional Forecasters on major macroeconomic indicators of medium term economic developments. According to the survey done by the RBI of 17 agencies, including the World Bank, the Indian economy is likely to grow by 5.7% in the year ending March [...]
Microsoft lays off 1% of India employee
May 11th
Microsoft has laid off 1 per cent of its India workforce on May 5. This move is part of the global software maker’s second wave of layoffs. Microsoft India has sent notices to its employees in Bangalore and Hyderabad that it would be eliminating their jobs.
It is not clear which groups of the Indian operations [...]
Twitter not for SALE!!
May 7th
Here comes the reality after rumors were abound about a possible buyout of the social networking website Twitter by Apple Inc.
In a recent television interview, Twitter CEO Biz Stone has denied that they were planning to sell off the startup to Apple or to any other company for that matter. He added that Twitter was [...]
BSE SENSEX above 12K
May 4th
At 12:23 hours IST, the 30-share BSE SENSEX touched 12,000 mark. Metal, realty, technology, banking, capital goods and FMCG were witnessing buying interest. Midcaps and Smallcaps also surged but the benchmark indices outperformed the broader indices.
BSE Metal index surged 6.6% followed by Bank, IT, Realty and Capital Goods indices, which shot up 5% each. Auto, [...]