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Rupee down 22 paise against dollar in early trade

rupee down againt dollar

The rupee lost 22 paise to trade at a fresh nine-month low of 62.25 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback’s value against other currencies overseas. Dealers attributed the fall in rupee to dollar’s gains against the euro and yen overseas. However, a […]

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Ozone Pharma to sell diabetes and hypertension drugs at Rs 2 per tablet


Aug 9, Mumbai: Ozone pharmaceuticals, owners of No-Marks skin care brand, will offer drugs for lifestyle chronic ailments such as hypertension, diabetes and high cholesterol, under a uniform pricing initiative for just Rs 2 per tablet. At present, these drugs cost between Rs 8-20 per tablet. The company is also looking at raising funds from […]

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Infosys Cloud Ecosystem Hub: First Unified Enterprise Gateway to a Hybrid Cloud Environment


Aug 8, Bangaluru: Infosys Technologies announced the ‘Infosys Cloud Ecosystem’, which it calls ‘The First Unified Enterprise Gateway to a Hybrid Cloud Environment’. Infosys’s comprehensive solution enables enterprises to create, adopt and manage various cloud services across the ecosystem. Companies will be able to subscribe to the most relevant IT & Business services through the […]

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Apple, Samsung, Sony: Who copied who?


Aug 2, San Jose (CA): The debates have entered the heart of the matter Tuesday with a full scale assault on Apple’s lawyers against its competitor. After the difficult choice of the jury, the hearing finally began in the mega-trial that pits Apple to Samsung for patent violations reciprocal and plagiarism, the first accusing the […]

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Finally, Microsoft dumps Hotmail, launches new email service named Outlook.com

outlook.com-microsoft-email service

Aug 1, Redmond: It’s not a facelift, it is a face transplant. Tuesday, Microsoft unveiled the beta version of its new email service. Farewell Hotmail, up to Outlook. The real news: the site is modern, simple and functional, and no longer ashamed to face Gmail. It remains to convince users to return. “We think it […]

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Inflation persists: RBI keeps interest rate unchanged at 8% and SLR cut by 1%.

reserve bank of india rbi

July 31, New Delhi: The Reserve Bank of India on Tuesday kept its interest rates unchanged at 8% for the second time since June, in line with expectations, while cutting its growth forecast and lifting its inflation outlook as economic conditions deteriorate. However, it cut the statutory liquidity ratio(SLR) by a percentage point to 23% […]

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Cabinet reshuffle: Chidambaram may get Finance and Shinde likely to be Home Minister

p chidambaram

July 31, New Delhi: In a Cabinet reshuffle, Home Minister P Chidambaram is likely to take charge of as Finance Minister, which was left vacant after President Pranab Mukherjee resigned for contesting in the Presidential polls. The Home Ministry is expected to be handed over to current Power Minister Sushil Kumar Shinde. Shinde is also […]

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Apple would consider investing in Twitter.


July 28, San Francisco: Apple has had discussions with leaders of the micro-blogging site Twitter in recent months in order to invest, said Friday night the New York Times. The U.S. computer group would consider “an investment totaling hundreds of millions of dollars, which could enhance Twitter to over $ 10 billion,” but there would […]

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Nuance is to launch Next Generation of Swype with Hinglish support.

swype keyboard

July 27, Mumbai: Nuance Communications Inc. today announced that the next generation of Swype, a learning, living touch input keyboard, now supports the Hinglish language – a mixture of Hindi and English. Going forward Swype will recognize Hinglish words like chai, paani, desi, garam and masti. “People use their keyboards every day in every way […]

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Facebook stock market plunges after featureless results


July 27, New York: For the first time since its stock exchange listing, Facebook has released its financial results on Thursday evening of July 26. The first social networking world has announced a net loss of $ 157 million for the second quarter, triggering a new wave of sales of the title. Based on the […]

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