News HeadLines Thursday, August 27, 2009
Top news
Nationally, the average annual pay for professors in U.S. public universities is $115,509. Compare this to what Indian professors of the prestigious Indian Institute of Technology get annually - a paltry $12,000.
According to a paper released by international electromagnetic radiation (EMR) watchdogs, including Powerwatch and the EMR Policy Institute, brain tumor can be related with cell phones.
Technology
Infosys, Wipro and Tata Consultancy Services (TCS) have bagged IT maintenance contracts from oil and gas giant British Petroleum (BP) Plc, the Indian IT firms said in separate statements on Wednesday.
The overall Indian PC market grew by 5.2 percent during April-June quarter of calendar year (CY) 2009 (2Q CY2009) to touch 1.765 million shipments over the previous quarter.
Business
"Lack of awareness, delayed payment of wages and non-maintenance of proper records" were affecting the implementation of the government's flagship National Rural Employment Guarantee Scheme (NREGS), said Rural Development Minister C.P. Joshi.
Vice President Hamid Ansari on Wednesday expressed hope that private utility providers will run nuclear power plants in India in the "not so distant future", and stressed the need to have trained human resource in the atomic sector.
Finance
The realty index of the Bombay Stock Exchange (BSE) is showing signs of recovery after it emerged as one of the best performers last week.
The National Stock Exchange (NSE) is likely to launch India's first interest rate futures on August 31. The exchange had been conducting mock trading for the same for the past two weeks.
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