News HeadLines Friday, August 28, 2009
Top news
A former top official who coordinated India's nuclear weapons programme has cautioned that India should not be "railroaded" into signing the Comprehensive Test Ban Treaty (CTBT).
In the last one week two young IT engineers, one was working with Wipro and another with HCL, committed suicide. Both the engineers died by jumping from their office building.
Technology
The government allowed the state-owned telecommunications consultants to exit from its joint venture with the Bharti group, Bharti Hexacom that operates in the Rajasthan and Northeast circles.
A birth certificate at the click of a mouse? It's quite likely. The health ministry has started brainstorming with Nandan Nilekani - the man tasked with India's unique identification project - to produce e-health cards and birth certificates.
Business
Wipro has won a $100 million worth outsourcing contract from Australia's beer and wine giant Fosters Group.
Leading steel maker Tata Steel said that it posted a consolidated loss of Rs.2,239 crore ($448 million) in the first quarter this fiscal as compared to a profit of Rs.3,915 crore ($783 million) in the previous corresponding period.
Finance
With the launch of Met Monthly Income Plan, MetLife India Insurance has become the first private sector insurance company to provide guaranteed monthly income along with other regular benefits like tax incentives and bonuses.
ICICI Bank has launched a special offer for new home loan borrowers effective from August 20, 2009. Under the new offer, interest rates for home loans up to Rs.20 lakh will now be at 8.75 percent.
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