Oil PSUs Losing More Than R 180 000 Cr Fuel Sales This Fiscal Year

State-owned oil companies, companies lose more than Rs 1,80,000 crore to fuel huge sales this fiscal year, the country, if retail prices were hiked up with the cost of raw materials.

Indian Oil, Bharat Petroleum and Hindustan Petroleum "in current international crude oil prices lost Rs 180,208 crore revenue from the sale of diesel, domestic LPG and kerosene below import cost in 2011-12 fiscal," a representative Industry said in New Delhi.

The loss of income, which applies the recovery of oil companies, will be the highest in history, even more than they lost in 2008-09, when crude oil hit a record $ 147 a barrel. The three oil companies are now losing a record of 18.19 rupees per liter on diesel, Rs 29.69 per liter of kerosene and Rs 329.73 per 14.2 kg cylinder of LPG internal reports PTI.

In addition, you lose about Rs 7.50 per liter of gasoline, whose rates have not evolved with the cost of imports, despite its price to be freed from government control last June. "Losses on gasoline not included in the figures under-recovery of 2011-12 is an unregulated product," said the official.

Basket of crude India buys averaged 83.57 dollars per barrel in 2008-09 and estimates for this year was done at the prevailing rate of about $ 110 a barrel.

"The average price of Indian basket of crude oil last year was 85.09 dollars per barrel, higher than the average 2008-09, when the government cut customs duties and excise on petroleum products and to verify the impact of rising international prices on domestic markets, the official said.

In 2008-09, the Government had issued bonds worth Rs 71,292 crore for the three oil companies to compensate more than two-thirds of 103,292 rupees crore revenue loss. Upstream oil companies like ONGC Rs 32.000 crore other.

In 2010-11, the three companies lost Rs 78,202 crore, but so far the Government has provided Rs 20.911 million rupees as compensation. The oil marketing companies lost Rs 2.227 million rupees on sales of imported gasoline at a loss in April and June, before the award was freed from government control. Lost Rs 34.384 million rupees on sales of diesel, Rs 19.566 million rupees on PDS kerosene and Rs 22,025 crore on sale of domestic LPG.

The Strike By Pilots: Air India Operates Only 39 Flights

Air India on Saturday, further reduced its activities in 39 domestic flights out of the normal 320 as the strike by its pilots came on the fourth day without inconvenience to passengers

There have been reduced by over 52% of domestic flights and operate only on main roads in metropolitan city, the spokesman said AI. Flights Under a contingency plan, we reduced, we do not have pilots, he said, according to the report Economic Times.

Although the 21 flights will be operated by the national capitals of Air India in Mumbai has almost stopped working as an airline can only operate five flights between 9 and 11:30, Mumbai.The AI ​​spokesman said the carrier National did not do all the operations in Mumbai by 9 am.

Members of the Association of Indian pilots (ACEI), once on the lists of former Indian Airlines, had struck work since Tuesday midnight, demanding wage parity with their counterparts in Air India and other issues related to working conditions.

They also want the carrier to resume the six drivers who were dismissed from the day the strike began, but four others were suspended, and hopes that the EU should be recognized again. They also want a president and managing director Arvind Jadhav displaced.

SBH Net Up 42 Pc @ Rs 1,166 Crore In FY11

State-owned State Bank of Hyderabad, reported 42 percent jump in net profit for the year ended March 31, 2011 compared to RR 823 crore posted in the previous financial year.

The margin of the bank up to 35 per cent Rs 2.319 crore from Rs 1,721 crore in FY11 compared to 2009-10. The bank attributed the recovery in net income to net interest income increased by over 53 percent.

Affairs total SBH has recorded 21 per cent recovery during the year, touching Rs 1,56,935 crore by March 31, 2011. Total deposits increased by more than Rs 76 186 crore rupees to exercise 10 to 91,488 crore in FY11, a growth of 20 percent, "Ms. Renu Challu, Managing Director, SBH at a press conference here .

According to him, the progress of the bank also increased to Rs 12 crore rs 103 65,447 crore, an increase of 23 per cent of Rs 53 344 crore as on 31 March 2010. CD ratio improved 154 basis points from 71.29 percent in March 2010 to 72.83 percent in March 2011, he added.

KV Kamath Is The New Chairman Of Infosys, Shibulal New CEO

IT major Infosys Technologies has announced the largest displacement of three decades. NR Narayana Murthy, the man who built a giant global technology services from India, is retiring. Int'l Board of Directors has appointed a new chairman of Infosys CEO Kamath and SD Shibulal.

Current CEO S Gopalakrishnan was named Co-CEO and Narayana Murthy has been appointed Chairman Emeritus, Infosys. Infosys Technologies will be renamed Infosys now limited. All new appointments are effective from August 21, 2011.

Murthy carefully crafted a legacy and values ​​that are difficult to ignore. Infosys had a practice of its founder members will be president. Murthy has resigned as CEO in 2002, transferring the registered co-founder Nandan Nilekani. Nilekani left the company in 2007 to join the unique identification Authority of India. Gopalakrishnan current CEO took the reins of Nilekani, reports ET.

Infosys has formed a nominating committee, of which Professor Jeffrey Lehman S, M Deepak Satwalekar (MD and CEO of HDFC Standard Life Insurance) and KV Kamath (non-executive chairman of the board of ICICI Bank).

The committee is responsible for the roles of succession planning chairman, president and CEO, CFO and Deputy CEO of the company. When the output Murthy, just the two founders - Chief Executive Officer and Chief Operating Officer S Gopalakrishnan SD Shibulal - remains the company's board of directors.

Co-founder K Dinesh also retire after the company Infosys' General Assembly on 11 June 2011. One of the founders, Ashok Arora was the first to leave at the end of 1980, to sell its share. Later, the NS Raghavan left the company.

Infosys was started in 1981, seven companies, including Murthy, Nilekani, Gopalakrishnan, Shibulal and K. Dinesh. The founders started the company's initial investment of Rs 10,000. Today, the IT consulting firm and has a turnover of $ 6040000000.

Bangalore-based Infosys went public in 1993. It has a worldwide presence with 64 offices and 63 development centers across the United States, Great Britain, India, China, Australia, Japan and the Middle East among others.

Promoters are 16.04 percent of the other shareholders of the company are LIC (4.28 percent), Oppenheimer Emerging Markets Fund (2.19 percent) and the Abu Dhabi Investment Authority (1.93 percent). Infosys and its subsidiaries had 1,30,820 employees, March 31, 2011.

ICICI Bank Moves Branch In Srinagar Colony

ICICI Bank Ltd., Bank of the second largest industry in India, announced Friday the transfer of its branch in Krishna Nagar Srinagar Colony Hyderabad. The branch is located in Srinagar Colony and was inaugurated by the famous actor Akkineni Nageswara Rao Dr.

The branch will remain open for customer transactions Monday through Friday 9:00 AM to 9:00 to 14:00 Saturday 18:00 ET. The branch will offer the entire range of ICICI bank products including a wide range of deposit, mutual funds, Demat services to meet different customer profiles and needs.

ICICI Bank has over 2,500 offices and 6,000 ATMs across the country. Bank services its large customer base through a multi-channel distribution network of branches, ATMs, telephone and internet banking (www.icicibank.com) to ensure that customers always receive their services.

Kansai Nerolac Paints Posts Rs 58.86 Cr Net In Fourth Quarter

Kansai Nerolac Paints Limited (KNPL), India's leading paint company, posted 73.5 percent growth in its earnings season, 58.86 crore in quarter ended March 31, 2011, against Rs. 33.92 crore in the corresponding quarter a year ago.

During the quarter, the period under review the company's revenues rose 22.8 percent year on year to Rs 520.24. For FY11, the company reported net sales of Rs. 2138.73 crore, an increase of 25.3 percent and a net profit of Rs 205.98 crore, a growth of 24.5 percent.

HM Bharuka, Managing Director, Kansai Nerolac Paints Ltd, said: "During the quarter, the company was able to maintain growth momentum reflects the market sentiment, but during the quarter, the company also experienced a sharp escalation in raw material costs due. the high inflation in crude and its derivatives and other uncertainties prevail. Along decorative was able to pass this increase largely on costs in the marketplace. industrial enterprise of the company on a contractual basis is renegotiating contracts with its customers to offset rising costs. This led to a decline in profitability. Now the company expects demand to be moderate in the medium term, especially for automotive and other manufacturers in the industry demand for the end user will be affected due to the pressure of inflation and tighten interest rates. concern about the profitability and thus the inflation will continue. Paint demand remains positive in the long term."

Gold Hits New High Of Rs 22,520/10 Gm Global Cues

Gold scale new heights by adding Rs 50 to a record price at Rs 22.520 per 10 grams in the national capital on Friday on increased seasonal demand amid a firming global trend. The yellow metal remained in demand ahead of the next festival Akshya Tritya, considered an auspicious day for buying gold and the start of wedding season.

commercial position was further strengthened gold recorded its largest monthly advance since November 2009, Asia and the weakening dollar and inflation accelerates prompted investors to buy precious metals in a store of value, reports PTI.

Gold in world markets, which normally defines a price trend on the domestic front, reached a record $ 1540.85 an ounce as the dollar fell to its lowest level since December 2009 against the euro after the Fed to keep borrowing costs at record levels.

Change funds ingot casting stock markets also influenced the trading sentiment.

Domestically, the gold of 99.9 percent and 99.5 percent purity has remained in demand and advanced by Rs 50 to Rs 22,520 and Rs 22,400 per ten gram, respectively, levels not seen before. Rules followed suit and jumped SR 100 to a record level of Rs 18,400 per piece of eight gram.

On the other hand, silver prices of loans remained stable at 72 000 rupees per kg while weekly-based delivery increased from Rs 475 to 71 170 rupees per kg in the means of reaffirming the trend in metals parts . Silver valuable currency has remained stable at Rs 77,500 for buying and Rs 78,500 for selling of 100 pieces.

Granules India Posts Rs 21-cr Net FY11, Down 30 Pc

City-based Granules India Ltd., a vertically integrated manufacturer Design posted Rs 21 crore net profit for the financial year 2010-11, 30 per cent to Rs 30 crore net fall, it was reported in the previous financial year.

But the company's revenue rose from Rs 461 crore rupees for the year from 10 to 476 crore in FY11, a marginal growth of four percent. Basic EPS also decreased to Rs 10.42, against the previous year Rs. 15.14

"Revenue growth was driven by the pharmaceutical division was over, which contributed Rs 101. Crore, an increase of 170 percent. During the year had finished dosage division strengthened by the approval of two ANDAs granules to participate in the lucrative U.S. market finished dosages. Granules increase its capacity over dosage to meet the demand for existing contracts that ramp for the current fiscal, "a statement said company.

Apple Launches IPAD 2 Price In India Top Price Of 46 900 Rupees

Apple iPad 2 in the Indian shops on Friday, just over a month after the company began selling an updated version of its popular tablet device in the United States. IPad 2, thinner, faster version, which includes two cameras, video chat, RS is estimated at between 29 500 and Rs 46,900, depending on the model.

Answer (client) is quite good ... We sold 15 units since the morning, the sales assistant at iWorld, one of the Apple premium resellers, "said New Delhi, reports Reuters.

The model with 16 GB of memory that only works on Wi-Fi is priced at Rs 29,500, while that which can operate on both Wi-Fi and third generation (3G) costs Rs 36,900. Customers have the opportunity to purchase a IPAD 2 with 16, 32 or 64 GB of memory and can choose a model that works only over Wi-Fi or both Wi-Fi and 3G.

Research firm iSuppli estimates Apple IHS sent to 39.7 million units of all models this year, the iPad. iPad first - which went on sale a year ago - has sold 300,000 units in the first day, 500,000 in the first week, and exceeded 1 million unit mark of 28 days.

Nasscom: IT sector to recruit 2.5 million people this year ITES

Driven by the steady recovery in demand for technology services, the Indian IT industry is expected to employ about 2.5 lakh people during this period, software body NASSCOM representative said Friday.

The top four players are expected to hire more than 1 lakh people this year. The industry as a whole should add about a quarter of a million people this year, Nasscom president Som Mittal said in New Delhi, according to a PTI report.

Pent-up demand for services after the recession and the return of discretionary spending in the market are the main drivers, Mittal added.

the country's largest exporter of software company Tata Consultancy Services (TCS) is the annual meeting of the results announcement, said it expects to hire about 60,000 people in FY12. Scam-hit Sathyam, which has since been renamed as Tech Mahindra Mahindra Satyam then took the plans to recruit over 18,000 people this fiscal.

According to staffing firm Team Lease Services, the general sentiment is bullish in the recruitment of IT and ITES sectors. "The intention of hiring in the IT and ITES was higher in cities like New Delhi, Mumbai, Hyderabad and Pune," he said.

For the year 2011-12, the estimates of industry body, the Indian IT-BPO sector grew by 19 per cent in 2010-11 to 76 billion dollars in revenue. "The market is optimistic, but in the Middle East and the crisis in Japan, the issue of debt, what are the macroeconomic variables and add to uncertainty. Economies are growing, but companies remain cautious "said Mittal.

ICICI Bank Net Up 44 Pc At Rs 1,452 Cr In Fourth Quarter

ICICI Bank, India's second largest lender, posted a 44 percent increase in quarterly profit slightly below estimates, the strong credit demand and a decrease in provisions for doubtful debts were offset by losses cash.

ICICI and its competitors, State Bank of India and HDFC Bank will see their resources to improve the quality of the positive business and consumer confidence will help to reduce credit losses. But the loan growth of banks in India is likely to weaken in the coming months following a series of increases in interest rates the central bank's third-largest economy in Asia in controlling inflation, reports Reuters.

New York, said that the list of ICICI net profit from January to March, its fourth quarter rose to Rs 1,452 crore R 1,006 crore a year earlier. Reuters poll, analysts had forecast a net profit of Rs 1,489 crore. India's third largest lender, HDFC Bank last week, has exceeded expectations with a 33 percent increase in quarterly profit and said it expects that demand for loans to grow by more than 20 percent during this fiscal year that started on April 1.

Biocon net up 25 pc at Rs 101-cr in Q4

Bangalore-based biotechnology company Biocon Ltd. said Thursday its biggest net profit rose 25 per cent Rs 101 crore in the fourth quarter ended March 31, 2011 as strong sales of biopharmaceutical products helped offset soft sales in German unity. The company recorded net of Rs 80.6 crore in the corresponding quarter last year.

Company's consolidated total income increased from Rs 665.66 crore for the quarter ended March 31, 2010 at Rs 716.5 crore for the quarter ended March 31, 2011, an increase of 7.64 percent.

During the financial year 2010-11, the most important biotechnology registered growth of 17 percent of its total income stood at Rs 2,814 crore from Rs 2,404.8 crore in FY10. Net income rose by 26 per cent of Rs 368 crore to Rs 293 crore from network that is sent to the previous year.

"FY11 was generated strong sectoral growth. Emerging markets have experienced significant and sustained growth in our API, while our branded formulations have indent company's success in the Indian market. Our business support services and research Syngene Clinigene marked a return. We are convinced that this will generate solid profitability next year. To support our expanding activities, we hope to increase our force by 1,000 in FY12 ", Kiran Mazumdar-Shaw, Chairman and CEO of Biocon, said .

Biocon's Board of Directors, which met on Thursday, has declared a dividend of 30 (Rs 1.50 per share). A final dividend of 60 percent (3.00 rupees per share), was also recommended by the Commission, subject to the approval of the members so that the total dividend for the year to 90 percent (R 4, 50 per share).

Mahindra Satyam Appnomic Chosen As Technology Partner

Mahindra Satyam, Satyam Computer Services Ltd. earlier announced on Wednesday it had chosen Appnomic Systems as a technology partner to introduce automation capabilities in management services, unified platform (USMP).

Under the agreement, is Opsona, Appnomic IT process automation solution, will now be integrated into a Mahindra USMP Satyam single platform managed services it provides outsourcing services infrastructure.

USMP is designed for unattended delivery, high quality and centralization of IT infrastructure services outsourcing. Appnomic Opsona process gives reproducible and predictable results for infrastructure providers by automating IT processes in multi-tenant environments. IT process automation Opsona Mahindra Satyam will reduce shipping costs, reduce errors that occur as a result of manual intervention and improve team productivity services.

"Product of Appnomic Opsona is an important part of the next generation Mahindra Satyam framework of service delivery managed to exploit its technology as the backbone of automation USMP. We believe in automation and other key elements of the USMP will offer a unique value proposition to our customers who are looking for ways to improve the profitability of their managed services outsourcing jobs, "said Pravin Bolar, Vice-President Satyam, Mahindra.

20 Flights Of Air India, The Cancellation Of 800 Pilots On Strike

Approximately 800 pilots belong to the Indian airline, then went on strike Wednesday morning, demanding pay parity with pilots of Air India and better working conditions, which led to the cancellation of more than 20 aircraft and interference with many others for several hours.

Rapidly and firmly, the management of Air India has declared the strike illegal, delete the Indian Commercial Pilots Association (ICPA), and closed its offices in Delhi and Mumbai. Tide over the crisis, the IA has decided to rope 150 management pilots - Pilots of the Board - to operate flights, an airline official said.

ICPA has sent a letter suggesting that a strike AI last night, after talks with the leadership of Chief Commissioner of Labour conciliation before failed. hits 800-odd pilots of Indian Airlines and the former having allegiance to ICPA. Fusion - Indian Airlines and Air India - has about 1,200 pilots, reports PTI.

The remaining 400 drivers for most international flights belong to the Pilots' Guild of India (IPG). Passengers have had a torrid time with information on flight schedules are crazy and some when you can take off.

At least 20 flights were canceled AI, since midnight. These included 469 part-AI Raipur via Nagpur, 214 Del Kathmandu AI, AI 216 Kathmandu-Del, the Del Bangkok, Part-Srinagar and Leh-Del. The passengers of two flights to Mumbai were accommodated in one flight.

Eight flights to Delhi and Mumbai in 1911 was canceled this morning, while others were delayed for more than three hours. "We're out of the budget of the ICPA, the strike is illegal, and have committed contempt of court. We are likely to move the court soon," the spokesman said AI.

ICPA offices in Delhi and Mumbai were closed early this morning. ICPA maintains that even if the pilots of Air India to receive a fixed salary large, the same is almost empty of the former pilots IA. The association contends that even if the entire salary depends on flying hours on a daily basis, airlines have reduced flights by 30-40 percent.

CSA Approval For Alicat Mass Flow, Pressure Vessels

Continuing its mission to provide equipment to suit a wide range of customer needs, Alicat Scientific, Inc. has received approval from CSA for use Alicat mass flow meters, mass flow controllers, and pressure equipment in Class 1, Division 2 hazardous environments. With Class 1 Division 2, precision Alicat devices are even easier to integrate into a wide range of factory settings or applications.

Alicat devices can be ordered from the CSA approved the settlement with the extension is already a fast 7 working days for delivery. All Alicat CSA approved equipment is a group of ABCD approval, and all devices are pre-calibrated flow (NIST), acetylene, hydrogen, ethylene, propane, and 16 and other gases and gas mixtures 10.

Sathya Sai Baba At Sai Kulwant Hall, Prasanthi Nilayam Buried

Spiritual guru Sri Sathya Sai Baba was buried in the full state honors in the middle of the chanting of Vedic hymns and rituals Kulwanth Hall Prasanth Sai Nilayam complex, while the number of VIP in Andhra Pradesh ESLNarasimhan Governor, Chief Minister, N.Kiran Kumar Reddy, Managing Director of the Minister of Karnataka BSYeddyurappa, the former deputy prime minister and former minister N.LKAdvani Chandrababu Naidu, has paid tribute to the deceased and Baba.

All Live TV stations the ceremony. Vedic experts, who have been specially tuned to Puttaparthi Rajahmundry, performed rituals and managed by the son of Baba's brother, RJRatnakar.

3x6-foot grave was dedicated with panhagavya, material and incense Vibhuti (holy ash). Ratnakar experts has made a donation of 10 wean away the evil spirits for the death of Baba. "Treated as" living Baba held the refrigerator two days of public darshan Sai Kulwanth Hall.

The police, dressed in his uniform, covered in ice box with the tricolor India as a sign of respect for the departed soul. Police have offered a welcome to the gun out of Prashanti Nilayam complex, like men armed with shoes are not allowed in the complex.

Relatives of Baba and nearly 1500 people have been selected not only to demonstrate the extreme unction. Minister J.Geeta Reddy remained throughout, the gods reached Baba.

Half an hour before his body was buried, all was attached to the stage curtains, because the scholars said that mothers do not have procedures for testimony against their own. Shortly after the funeral, the curtains were open to them landed on the spot to pay their last respects.

While the public were allowed to leave at noon to have a darshan of the Samadhi Baba bring the long chapter in its sacred purpose.

Ubuntu OS To Be Released On The Market April 28

Canonical announced today the launch of the Ubuntu operating system's rapidly growing open source on April 28, 2011 for public download. Ubuntu 4.11 is out from its competitors as a real free alternative to Windows, allowing users to customize their PC with free applications and payment in the form that has proved very popular in the market for smart phones and tablets.

"This groundbreaking edition of Ubuntu offers users a desktop experience that is elegant and efficient," says Jane Silber, Canonical's CEO. "With this new version, Ubuntu will recruit a new wave of free software users . 11.04 Ubuntu is a high watermark for what has been done with open source technologies for computer users every day. "

Thanks to the efforts of the team of Debian and Ubuntu team released Ubuntu Localization Localization 11.04 hours local support boot Telugu and Kannada. This means that Ubuntu supports 10 Indian languages ​​- two more than the previous version, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Nepali, Tamil, Telugu. Availability of language options at boot to help you every day to start using Ubuntu without knowing English.

"After several graphical user interfaces and applications, such as Firefox and Libreoffice delivered to Ubuntu is already available in local languages ​​and a number of information portals in local language, which helps people to school children and the elderly are beginning to use the computer in their mother tongue, "said Arjuna Rao Chaval, Ubuntu Telugu Localization Coordinator.

Also, Ubuntu is the first operating system supports symbol rupee, which was recently approved by the Government of India to use a PC. For the first time you can test drive Ubuntu online, using only a browser. Ubuntu.com Visitors can get a full version of the latest product information, without having to download anything. All that is required is an Internet connection and an open mind.

Ubuntu 11.04 is available for download on April 28 at www.ubuntu.com

Free trial online Ubuntu 4.11 will be available starting ubuntu.com after their release.

Ubuntu is a one.ubuntu.com now available and applications are available on the iTunes AppStore and Android Market. Ubuntu Software Center is available for users of Ubuntu, or the start button in the Applications menu.

Wipro Posts 14 Pc Rise In Q4, 200 Pc Dividend Announced

The country's third largest software exporter Wipro Wednesday reported a growth of 13.77 percent of consolidated net income for the quarter ended March 31, 2011 R 1,375.4 crore.

Last year, the company posted a net profit of Rs 1208.9 crore for the fourth quarter, according to a report by the Economic Times. "We have made good progress in creating a slimmer, simpler and more customer-oriented organizational structure. We believe our business strategy with the new structure will ensure the growth of the tech industry, "Chairman Azim Premji, Wipro said in a statement.

IT services, which contributed 76 per cent of its turnover in 1400 amounted to FY'11 million, a sequential increase of 4.2 percent and an increase from year to year 20, 1 percent.

The company said it expects its revenue from IT services business to be in the order of 1,394 million to 1.422 million dollars for the first quarter ended June 30, 2011. IT revenue forecast is based on a price of 44.29 rupees per dollar, according to the charges.

The revenue forecast, reflecting a decline of 0.4 percent in the lower end with an increase of 1.6 percent in the upper compared with the fourth fiscal quarter ended March 31.

"I am disappointed with their advice. They expected no growth in the first quarter against expectations of around 2.5 to 3 percent growth," said Shradha Agrawal, an industry analyst with Batlivala & Karani Securities in Mumbai. "This will make the task of matching the growth rate of the most difficult opponents for them."

Wipro's IT business, which develops applications, integrates and manages information systems for customers such as telephone Citi, Cisco and Credit Suisse, account for about three quarters of revenues.

The IT services segment employed 2894 people this quarter and 14 314 persons during the year, bringing the total number of 1,22,385 employees March 31, 2011. It added 68 new customers during the reporting quarter and 155 new customers during the year.

"The economic environment is positive, and we invest in growth rate with investment. We have said wage increases in force on 1 June 2011, which would affect the operating margin" Wipro President and Chief Financial Officer Suresh Senapaty said.

Net sales for the quarter stood at Rs 8302.4 crore from Rs 7016.1 reports crore in fiscal 2009 Q4-10, an increase of 18.33 percent.

For tax administration ended in March 2011, the company recorded a net profit of Rs 5297.7 crore versus Rs 4593.1 crore previous fiscal, an increase of 15.34 percent.

Net revenue for 2010-1911 income tax grew by 14.51 per cent of R to R 31,098.7 27,157.4 crore in the previous fiscal year. Separately, the company announced a net profit of Rs 1,337.6 crore for the quarter, an increase of 8.15 per cent expected in relation to the same period last year.

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AppLab Surevy - 88 Companies Want To Test Your PC Software

At least 88 percent of companies plan to submit their applications software test automation, according to a survey.

AppLabs, the world's largest testing and software quality management, has announced the results of a survey recently conducted with him several quality assurance analysts and decision makers from Global 2000 companies.

The purpose of this study was to assess the readiness of organizations to adopt the software test automation. Survey will be the ultimate solution, structured approach to Enterprise Test Automation, AppLabs arranged in a leading analyst firm.

The results show that most organizations today understand the value of software test automation can offer society. Benefits include re-use, better labor utilization and cost savings. When asked what percentage of your organization's application testing is automated, 65 percent of respondents indicated that the organization of test automation is now below 50 percent, while the other participants in more than 50 percent and less than 75 percent of automation.

On another issue raised during the Webinar that they would consider using the application of test automation in the next 3 / 4 if they have not yet considered, 88 percent of the participants responded by yes.

The results show that although most companies have not yet automated testing of their applications, are in the process of doing so. For many companies, the 2011 seems the right time to set up a test automation strategy, and will ensure that such an initiative is part of plans for 2011.

DGH Sent An Investigative Mission To KG D-6 Wells

Alarmed by the decline of production in the area of ​​India's largest gas, oil regulator GH has sent an investigative mission to Reliance Industries operates KG-D6 fields to determine the causes of decline production.

team of three members, Gautam Sinha, Director of Manufacturing Director of Hydrocarbons (DGH) will consider a very wise production and reservoir performance of KG-D6 fields April 27 and 28 Sources said that the development of the party.

The agency has signed in 2006 won the government to invest U.S. $ 8.836 billion Dhirubhai-1 and 3 (D1 and D3 fields) in the offshore KG-D6 block this after securing the production of 61.88 million cubic meters 22 days gas wells in April 2011 and 80 MMSCMD of 31 wells in 2012.

But the situation on the ground was significantly different only with confidence to produce about 42 MMSCMD of 18 wells drilled to date on the extent of D1 and D3 in the block KG-D6. Another MMSCMD 8 is produced by MA oilfield in the same block, the total production of about 50 MMSCMD committed against 69.88 MMSCMD, sources said.

The unit said production fell after touching msmcmd 61.5 reached in March last year due to the reduced pressure in wells and drilling more wells will not solve the problem because it will use the same resource.

Sources said the team would reach Vizag GH today where he will go to Gadimoga, landing KG-D6 gas to establish the facts. The team evaluated each of the wells in production is compared with the previously expected production.

Including ramp-up of the history of each well and the maximum sustainable yield from each well was estimated in relation to the well capacity and the possible causes of the current as well as less production per well should be studied.
DGH team will also assess the possibility of increasing the production of existing wells, in addition to space and opportunity for the two new drilled wells that are still connected to the system of production. geological fields D1 and D3, referring to high performance should be investigated. SK.Srivastava, Director General of DGH, said last week that the dependence of the reasons not to drill 22 wells involved in the D1 and D3 fields were far from convincing.

DGH has convened a meeting of the Management Committee of the KG-D6 block, which includes representatives from the Ministry of Petroleum and Reliance, and its Canadian partner Niko Resources, to evaluate the error. The trust regulator wants to drill 11 wells this year, including two wells that were drilled last year.

Kanimozhi charge-sheeted in 2G scam

What could embarrass the DMK, which aims to preserve the power of Tamil Nadu, the daughter of Prime Minister M.Karunanidhi 'Kanimozhi chargesheeted on Monday was in the 2G spectrum of the scam in Delhi court that the CBI accused the DMK deputy enter a criminal conspiracy has accused the former first minister Raja Telecom.

Kanimozhi (43) was charged under the Anti-Corruption Commission Act, taking illicit pleasures through Kalaignar TV - a channel to guide the preliminary DMK in Tamil Nadu - where the money is connected to 2G scam has been assigned according to the PTI report.

However, supplementary chargesheet in scamprobe 2G does not name his wife Dayaluammal DMK Supremo 'of the accused, but said one of his witnesses in the case. His name had figured during investigations of fuel speculation that he may be named as co-defendants.

"Kanimozhi actively with brokers and DMK headquarters the question on the renewal of an accused Raja Minister of Communications and Information Technology in 2009, which clearly establishes the close relationship Kanimozhi and Raja A in the personal and business politicians, "the probe of the Agency, in its 31-page charge-sheet supplememtary said.

Furthermore Kanimozhi, four --- Kalaignar TV CEO Sharad Kumar, Karim Morani, director of Cineyug Media and Entertainment Pvt Ltd, Swan Telecom promoter Shahid Usman Asif cousin Balwant Balwant and Rajeev Agarwal, director Fruits and vegetables have Kusegaon Pvt Ltd --- been named in the indictment.

Special CBI Judge OP Saini, who took note of the report of the probe, to give the challenge Kanimozhi, Sharad Kumar and Moran for the hearing of May 6. "We have enough incriminating evidence against the defendants to move a record of people," the judge said.

The court issued the order for production against Balwant Agarwal and tomorrow, they are already in jail since his arrest on March 29.

Another chargesheet deals with routing over illegal gratification of Rs 200 crore M / S Dynamics Realty is Kalaignar TV Pvt Ltd through M / S Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Films Pvt Ltd.

"The investigation revealed that there are circumstances that together. Find crucial that the sum of Rs 200 crore paid by Dynamix Realty in Kalaignar TV Pvt Ltd M / S Kusegaon Fruits and Vegetables Pvt Ltd and Cineyug Movies Pvt Ltd, was not a real company transction but the nature of the bonus paid in lieu of illegal UAS spectrum licenses worth and other improper advantage acused given by public officials of M / S Swan Telecom Pvt Ltd, an act charge, "he said.

Maruti Sizuki Good Posts Following Rs 660-CR In Fourth Quarter

largest car maker Maruti Suzuki India the country, on Monday reported a marginal increase in net income for the quarter ended March 31, 2011, to Rs 659.86 million rupees.

The company posted a net profit of Rs 656.55 crore for the same quarter of fiscal 2009-10, Maruti Suzuki India (MSI) in a statement, according to a PTI report. Total operating revenues for the fourth quarter last year increased by 18.93 per cent to Rs 10,092.18 crore from Rs 8,485.83 crore during the same period last year, he added.

During the quarter, sales were generally strong 3,43,340 units against 2,87,422 car units during the past year, an increase of 19.46 percent. For the year 2010-11 has fallen MSI consolidated net profit of 9.23 per cent to Rs 2382.37 crore from Rs 2,624.64 crore in FY'10.

Consolidated budget revenues increased by 24.75 per cent of RR 37,578.48 30,122.51 crore crore in 2009-10. MSI has sold a total of 12,71,005 vehicles FY'11 against 10,18,365 units last year, an increase of 24.81 percent.

The Board has recommended a dividend of 150 per cent that is Rs 7.50 per share recorded for 5 rupees and 2010-11.

GVK BIO Database Of Biomarkers By The FDA Group

GVK Biosciences (GVK BIO) announced it has expanded its database of clinical biomarkers (GOBIOM) has enabled the Group to the characterization of biomarkers of U.S. Food and Drug Administration (FDA).

The database GOBIOM has the latest information and updates on all the biomarkers reported in several preclinical and clinical studies will be extremely useful in the process of FDA biomarker qualification, according to a company announcement.

GOBIOM the database is a complete collection of all biomarkers evaluated clinical and preclinical exploration related to various therapeutic areas reported in the global clinical trials, clinical and preclinical.

12.000 GOBIOM contains information on biomarkers, including biochemical, genomics, imaging, metabolite, cellular and physiological markers of multiple data points on experimental data, analytical, clinical and statistical skills in various medical interventions.

Sreen Devidas, Vice President, Sales & Marketing, Information Technology said, "with the USFDA Gvk BIO helped to develop safety biomarker content GOBIOM. Interconnectivity between drug toxicity, dose, and the population has been one of emphasizing the pre-clinical qualification. Biomarker analysis tools included in the database so that you can make a comparative analysis of biomarkers of interest."

7Seas Entertainment Reaches 500 Games Based On IP Landmark

7Seas Entertainment Limited, a Hyderabad-based independent IP-based game development company announced Monday that they achieved a unique distinction based on IP 500 games for the online gaming segment, consisting of 200 marks and copy rights, in many languages and genres.

The 500 games based on IP developed by 7seas Entertainment, is now available in 18 national and international languages ​​like French, Korean, Japanese, Dutch, Spanish, German, Danish, Chinese and Turkish nationals as Urdu, Tamil, Hindi, Telugu, Bengali, Kannada, Malayalam and Marathi transverse action, racing, arcade, puzzle, sports, education and types of shooting.

These games are available at the official online gaming portal www.onlinerealgames.com and leads to a series of portals around the world. "The casual online game is witnessing significant traction globally. Interestingly, about 30 percent of new players are women. Our idea behind introducing games into many languages ​​in different countries is to keep our users more engaged with games in their own language, "says Maruti The Gathering, CEO 7seas Entertainment Limited.

"We are currently developing several games based on popular themes and contemporary pulse of our players worldwide," said Mr.Gather. Some of the most popular games and prize games are available for players of the free world include Turbo Spirit www.onlinerealgames.com Mouzo maze (FICC-BAF Award for 2008), Fast Track, the black man (FICC BAF-price 2011) and Super Cricket. educational games 7seas Entertainment India won the Innovation Competition 2010 "award, presented by Intel.

Wockhardt Receives U.S. FDA's Generic Version Of Aricept Tablets

Pharmaceutical and biotechnology major, Wockhardt received preliminary approval from the U.S. Food & Drug Administration (FDA) to market in the 5mg and 10mg of donepezil HCl tablets, used in Alzheimer's disease and dementia.

Donepezil is the generic brand name Aricept ®, marketed in the United States by Eisai in collaboration with Pfizer. Wockhardt will launch the product in the U.S. market, May 28, 2011. According to IMS Health, the total market for this product in the United States is about $ 2.5 billion.

"This is our second ANDA approval in less than a week and marks a good beginning for our fiscal year 2012," said Wockhardt Chairman Habil Khorakiwala. "We receive a steady stream of FDA approval and are able to cast to the date of the generic market opportunity opens. While the activities of existing products have grown, we have increased our growth with a constant infusion of new products."

Donepezil is a drug commonly used to treat Alzheimer's disease, whose incidence is growing rapidly throughout the world, due to the continued growth of the population.

The U.S. market for generics, Wockhardt has grown market share for its products. In many cases, Wockhardt, by virtue of being among the first on the market, harvesting has the advantage of being a participant at the beginning. Wockhardt manufactures tablets and API used in the formulation. The tablets will be manufactured at the factory of U.S. FDA certified formulation Waluj, Aurangabad and API will be manufactured at the factory API approved by the FDA in Ankleshwar, Gujarat. Both were API and tablets have been developed internally.

Wockhardt is one of the few companies with end to end integrated features to its products, starting with the manufacture of API oral and sterile dosage forms and marketing through the wholly owned subsidiary of United States, allows the company to collect the maximum value.

RIL Will Be Asked To Supply Gas To The Core Business Users

Take the challenge Reliance Industries, the oil ministry ordered the company Mukesh Ambani term to immediately stop the sale of natural gas to users of non-core as Essar Steel to meet all requirements of fertilizer plants and power.

With reference to the May 2010 Supreme Court ruling that upheld the right frame of gas used in policy last week wrote to the Ministry of Reliance redirect in the first of its natural gas reserves in KG-D6 certain priority areas, such as pesticides and energy, official sources said, according to the PTI report.

Reliance is currently producing about 50 million cubic meters of gas per day on its eastern offshore KG-D6 block gas, enough to meet demand for the priority areas - units of urea production, power plants, liquefied natural gas extraction and city ​​gas distribution companies. He had refused to comply with the order of the Department prior to the fuel required to go to sectors like steel, refineries and petrochemicals that if there were any gas left after the meeting demand in key areas.

sponge iron plant non-core, petrochemical plants and oil refineries amounted to 13.13 MMSCMD 60, 76, KG-D6 gas MMSCMD, the government allocated in 2008 and 2009. With production falling to about 50 MMSCMD, wanted a concerned fuel oil ministry first go to key sectors. But the agency has refused to follow the dictates and pursued a policy of July 2010, prorated, resulting in a commensurate reduction in supply to all consumers, including urea-making plants and power generation units, said.

Reliance Communications may not be immediately reached for comment. With production just over quota 47.59 MMSCMD key sectors, Reliance said it can not stop deliveries to a customer unless the government frees him from any legal and financial damage as a result of such action. Sources said the department was not impressed by the argument of the company, citing the decision of the Supreme Court to support his point.

Reliance had in its gas supply and price dispute with Reliance Anil Ambani group Natural Resources Ltd (RNRL), submitted to the Supreme Court that it is merely a contractor and the government alone has the right to set prices, and gas users. The same position was taken by the government, the Supreme Court upheld his sentence on May 7

According to sources, Reliance had argued that he did not own gas and is bound by the orders of government and politics of gas use (GUP). The logic of the department, he does not want fertilizer production or production of electricity during the summer season to suffer due to decreased production of KG-D6 gas.

Reliance has already signed customers for 60.76 MMSCMD gas, while production from its eastern offshore KG-D6 fields in the week ending April 3 were about 49 MMSCMD. The output power is less than the $ 61.5 MMSCMD in March 2010. The government has given high priority to urea plants, followed by LPG extraction plants, power plants and projects of the city gas distribution in the gas from the KG-D6 allocation. Sixteen fertilizer plant has been allocated 15.35 MMSCMD KG-D6 gas on a firm or permanently, while 27 stations in the public sector and the private sector rose 29 MMSCMD.

A significant 7.79 MMSCMD gas has been signed by producers of steel, while the LPG plants were attributed 2.59 MMSCMD.
Refineries, including any reliance on, of 3.46 MMSCMD projects, city gas and petrochemical MMSCMD 0.65 1.92 Balance MMSCMD. The allocation of priority sectors amounted to 47.59 MMSCMD, leaving almost little steel mills, refineries and petrochemical units of current production, they said.

Satya Sai Baba For Salvation, And Doctors Say That His Demise

After a miraculous journey, spiritual and devoted 86 years of life, magic, occasionally full of controversy, the richest on earth Godman Satya Sai Baba, succumbed to his prolonged illness in Sri Satya Sai Institute of Science Superior Medical, one of the super-specialty hospitals more sophisticated in a rural area, Puttaparthi in Anantapur district of Andhra Pradesh on Sunday.

Fourth place among his brothers, Ratnakaram Satyanarayana Raju, who has proclaimed piety in May 1940, was born in Gollapalli, now called Puttaparthi, which over the years to become the residence time of Sri Satya Sai Baba.

Sai Baba, who was born November 23, 1926, expressed as a reincarnation of Sri Sai Baba of Shirdi, and continued to enjoy the patronage of millions of followers and disciples worldwide among all castes, beliefs, religions and faiths.

Frequent and regular medical issues doled ANSafaya super specialty medical director of the Institute from March 28 ended with the last published this morning, 7:40 Godman Baba pronounced dead was kept alive through life support 28 days in hospital.

However, Andhra Jyothi Telugu daily, which is to highlight the deteriorating health condition of Baba heard a rat with the words and actions of members of the Sri Sathya Sai Central Trust for quite sometime now.

Hospitals, clinics, facilities for super-special, drinking water systems in Medak, Mahabubnagar, Anantapur districts in the city of Chennai and then bring in the spirit of love for humanity Satya Sai Baba.

"Bhagwan Sri Sathya Sai Baba is no longer with us physically. He left his earthly body April 24, 2011 due to heart failure and respiratory 07:40. We appeal to all not to rush to the hospital, but remain calm and have a darshan peacefully, "said a statement Dr. Safaya.

Baba has a very high profile devotees, including many who have served as presidents of India, Prime Ministers, Chief Ministers and Governors, Chief Justices and Justices of India and scientists.

Baba controversial spiritual journey has been marked by challenges Premananda Kovur Abraham, and others who were critical about "the so-called" miracles ", such as vomiting," Siva lingam, "and produces" Vibhuti (ash) and gold ornaments from scratch.

Hyderabad famous English daily, Deccan Chronicle, published in 1993 a series of photographs taken from a video sequence casts doubt on the assertion that he could produce gold chains from scratch Baba. visual space that the chain was removed from the long arm of the hand of Kurtha he wore.

However, it is common ground that Baba had throngs of admirers around the world and has been abundant and generously to the Trust chairman Baba social causes.

the house of Baba temporal Puttaparthi, said its spiritual headquarters in 1950. Satya Sai Seva Samitis across the world spreading the message of love and service and the first world conference was held in 1965-1966.

Baba, though always preached to Hindu spirituality, has assured that it is attended by all religions and to spread the message that there is only one God had built up a spiritual centers such as the "Shivam" in Hyderabad, as part of the architecture of trilogy of Satyam, Shivam and Sundaram.

Sri Satya Sai Baba has launched the Institute for Higher Education (famous university) in 1981, marking his birthday. Since he established an institute of excellence in every decade. While 1991 was inaugurated the Sri Satya Sai Institute of Higher Medical Sciences, 2001 saw the founding of a highly specialized hospital in Bangalore.

The Baba had built an ashram in Whitefield in Bangalore, where he used to visit often. Trust has developed a green field airport and a railway station in Puttaparthi. As he turned the town into a pilgrimage, several business establishments exploded all around.

Baba ran into a storm, when six people died in the apartment complex where he lived in the inner 1993. Government ordered the probe, but the relations have seen the light of day, but Baba's reputation took a severe beating.

One of the accused, Vijay Ram Shantha Prabhu, escaped from Puttaparthi and was eventually arrested by police in case of multiple murders. Senior IPS officers also had to withstand stains cover-up that shook the state administration and ulcerated.

India Forex Reserves Dip To $ 286,000,000

India's reserves dipped exchange $ 286,000,000 due to the revaluation of non-dollar assets in reserves during the week ending April 15. The Government has violated the limit and means advances for the second straight week.

The latest figures released by the Reserve Bank of India, the assets denominated in foreign currencies, principally in dollars, sterling and the euro, including $ 311million of the week ahead. SDRs, IMF reserve and capital reserves, the IMF increased by $ 15,000,000 and $ 10 million, respectively, reports ET.

The value of gold reserves remained unchanged during the week. Total reserves are now at 307.9 billion dollars. In other developments, the central government provided Rs 50.607 million rupees during the week as the ways and means advances (WMA) during the week ending April 15, well above the limit of Rs 30,000 crore-game until the third week April. The funding is in place by the repo rate, while above the agreed limit is 2 percent higher than the repo rate.

Data Center Services Market In India Grow 23 Pc

India, Data Center Services market expected to grow at a compound annual growth rate (CAGR) of 23 percent in three years through 2012 to touch Rs 11,800 crore, according to results of a search CyberMedia (CMR) study entitled "India's Data Services Center, 2011 Market Review."

Third part of data center services market, so that makes 20 percent of the market, are scheduled to grow 34 percent CAGR to touch the three Rs 2,800 crore by 2012. Captive data centers, which represent four-fifths of the market slower than the record for the entire data center services market.

The current share data centers between the segment of Indian companies is 63 percent. But among large companies about 85 percent had a data center in captivity in 2010. The BFSI sector leads the way with the highest prevalence of data centers. For the future, the penetration of large companies are expected to reach nearly 100 percent. As a natural evolution, suppliers should be advised to develop their offerings to enterprises SMEs.

"As more and more companies expect to outsource its IT infrastructure, third-party data centers are a greater acceptance within the next 2-3 years," said Apalak Ghosh, Principal Analyst, Emerging Technologies Research in India, Cyber Media Research.

"Exciting opportunities await us in the datacenter services space third, although this sector faces issues such as real estate and high power costs, lack of adequate infrastructure and skilled workforce," Vohra said Kamal, Chief Analyst, India Software and Services Research, CyberMedia Research.

For "Data Center employment rate among Indian Adoption Enterprise. "The reasons to adopt a third data center services companies in India" and other graphics, visit http://www.cmrindia.com/press_releases/21april2011.asp

Axis Bank Net Up 33.5 Pc In Q4, With 140 Pc Dividend

The private banking sector Axis Bank reported 33.5 percent jump in net profit was Rs 1020.11 crore in the fourth quarter ended March 31, 2011.The bank posted a net profit of 764.8 million rupees in the same quarter a year ago The bank said the report..

the bank's total income grew by 48.3 per cent of R 5817 crore in January-March quarter compared to the R 3922 crore during the same period last year. Interest increased by R 4,366.6 crore against Rs 2,988.4 crore in the same quarter a year ago, reports PTI. The bank proposed a dividend of 140 per cent, or R 14, per share for 2010-2011.

Throughout the fiscal year ended March 2011, the bank's net profit grew by 34.7 per cent of the Rs 3,388.4 crore compared to income of R 2,514.5 crore the previous year year.Total R 19,786.9 crore during the year, R 15,583.8 crore compared to the previous budget.

Group net income rose to R 3,339.9 crore in 2010-2011 compared to Rs 2,478.14 crore the previous fiscal.Net interest margin (NIM) was 3.65 percent at the end of March 2011. Meanwhile, the bank's capital adequacy ratio of 12.65 percent.

Tata DoCoMo Brings The Family Plans For Post-pay Customers

Tata DoCoMo introduced a new plan MyFamily part of its "Keep It Simple" campaign on Thursday. Post the successful launch of its new campaign "Keep It Simple" and the new free roaming plans, Tata Docomo, the mobile brand of Tata Teleservices Limited, has begun sharing plans MyFamily offers exclusive "for clients post- payment.

Starting three different options under MyFamily offers post-pay customers can choose any plan that fits their situation. MyFamily plans have many advantages available to a common "pool", such as free talk time, which can be used to make STD and local calls, free local calls and STD SMS and the most important information that can be exploited to use 2G or 3G services. What's more! Customers also receive a CUG offer free local calls.

"This is yet another industry first and DoCoMo Tata is another important step in our ongoing effort to simplify and uncomplicate telecommunications services. Starting today, customers stop post s' worry about managing multiple bills, multiple planes, and payment dates. MyFamily With family plans can now take advantage of buying in telecommunications as a single unit and supplying a large pool Joint minutes, data and SMS. "Mr.Gurinder Singh Sandhu, Director Corporate Marketing, Tata Teleservices Limited, said.

New Guinness World Record for Vim liquid: World’s Longest Line of Washed Plates’

Vim liquid has set a new Guinness World Record for ‘World’s Longest Line of Washed Plates’ in Tamilnadu. Vim entered this record by creating a 3.86 kilometer long line of 15180 washed plates, said Hindustan Unilever Limited (HUL) in a press note.

HUL’s leading dish-wash liquid brand washed 15,295 plates in just 500 ml liquid to create the ‘Guinness World Record of longest line of washed plates.

Guinness World Records adjudication authority, Mike Janela from USA attended Vim’s attempt and under the stringent guidelines of Guinness World Records, it was proved that Vim dish wash liquid has created a new Guinness World Record for Longest line of washed plates.

Mr Janela expressed his satisfaction on following all the protocols required to create this record and congratulated Vim brand and India for achieving this unique record. This Guinness World Record proves Vim’s supremacy in the liquid dish wash category and will certainly highlight it as a value for money brand as only 500 ml of its liquid can clean 15,295 plates.

Reliance Launches Digital TV IKids

The dependence of the digital television (TGLN), the first direct - to - service provider at home (DTH) in the country, has launched a unique interactive education - especially for young people ikids. ikids is very simple and interactive that was designed especially for preschoolers to help strengthen your development skills with fun.

IKids service is a good time, as the number of search tree Math, Play Ball & Under the Sea, which promotes the learning experience of children. When educational use, simple games to help children recognize numbers, pictures, shapes and letters of the alphabet in order of their visual ability and IQ. Not only are these fun games to provide children the opportunity to learn, but also makes it an enjoyable and fun, RDTV said in a statement.

Only available with a nominal value of 25 rupees a month, iKids is a great way to get in touch with children and give parents a more convenient and interactive way to complete the nursery, the education right in their classroom homes.

Sanjay Behl, managing director of Reliance Digital TV, said: "Depending on the digital television, which has been our continuous effort to identify and provide relevant services effectively to satisfy the diverse appetites of the audience in ikids Indians. With the release We are delighted to offer our customers an experience of "edutainment" that makes learning fun for children. In the future too, we will continue to innovate and deliver effective solutions and entertain our audience. "

In addition, interactive services such as RDTV iConcerts, IMALL, and iGames iCooking its base. iConcerts is the first and only international gig 24 / 7 live in standard and high definition at the same time offers a shopping experience IMALL commercial structures in their home. iCooking allows viewers to have your favorite recipes from simple push of a button when iGames offers a wealth of exciting games for new games introduced every two weeks.

Silver reaches Rs 70,000 per kg; Gold hits net high

Gold rose on Friday, R 30, and a record 22-Rs 090 per ten gram, while silver rose RS 1400 is an all time high of Rs 70,000 per kilogram of sustainable procurement is at the center of an event for all the dealers' abroad.

internal trading sentiment remained optimistic gold on international markets advanced in early U.S. $ 1,511.47 per ounce the weak dollar and concerns of the metals increased use of debt as an investment alternative. Silver also hit its 31 years, or $ 46.86 per ounce, the highest since 1980. In addition, units of industrial growth and retail continues to buy energy.

On the domestic front, gold, 99.9 and 99.5 per cent purity rose from 22 R 30 RS 21 RS 090 and 970 grams of a dozen. Sovereign, however, remained at a price of R 18 000, more than eight grams of purchase.

money loans continued their winning streak for the sixth straight day and has risen from Rs 1,400 to 70,000 rupees per kg and weekly based delivery R 510 to 68,000 rupees per kg. Silver coins also increased from Rs 1000 for a new record of Rs 75,000 for buying and Rs 76,000 for selling of 100 pieces.

Tsunami Effect: Toyota Kirloskar To Reduce Production By Supply Problems

Tyota Kirloskar Motor, a joint venture between Toyota Motor Corp. and India's Kirloskar Group, said it suspended production at its facility on Mondays and Fridays from April 25 and June 4, due to supply problems after Japan 11 March earthquake and tsunami.

The Bangalore-based Toyota Kirloskar, which has a production capacity of approximately 150,000 units per year, will operate at about 30 percent of its normal capacity during this period, he said in a statement sent Friday. Toyota Kirloskar makes brands such as the Corolla Altis, Innova and Fortuner in India.

"We intend to restore normal operations as soon as possible," said Toyota Kirloskar Director General Hiroshi Nakagawa, but gave no timetable.

Toyota Motor Corp., a 89 percent equity in Indian joint venture, said in Tokyo that the production will begin to accelerate in July in August in Japan and abroad, with full recovery is that in November or December.

TCS posts Rs 2,623 cr net in Q4, up 31 pc

largest software exporter in India Tata Consultancy Services (TCS) on Thursday reported a jump of 31 percent of its net profit to Rs 2.623 million rupees for the quarter ended March 31, 2011. The main software attributed the jump in its net profits to the growing demand for outsourcing services to clients in the West.

During the financial year 2010-11, TCS recorded 29.5 per cent jump in its consolidated turnover of rs 9,068 crore in FY11 from the 7000 r crore in FY10. Turnover grew by 24.3 per cent of R 37,324.51 crore in FY11 from R 30,028.92 crore in FY10.

The company added 38, 185 new employees, taking the total strength of the company at 198, 614 during FY11. During the fourth quarter, added 11,700 company employees and attrition of 14.4 percent.

"Excellent performance and continued focus on customers, TCS has helped to round up the sterling performance in FY11 with strong growth in the fourth quarter, while maintaining margins to record levels," said N.Chandrasekaran, CEO and MD, TCS.

Moreover, he said: "Market demand is still strong there are opportunities in different markets and industries we will continue to shape the new technologies, investing in new areas such as mobility, analysis, social media and sustainability solutions...

Major Clients of TCS include Citigroup, General Electric, British Airways and Sony Corp.

Supreme Court cancels bails of PwC partner Gopalakrishnan

The Supreme Court Thursday canceled leases granted to Price Waterhouse partner Gopalakrishnan Subramani and Satyam internal auditor VS.Prabhakar Gupta, ordering them to surrender, April 30.

Bench, where Justice BS.Chauhan and Justice P.Sathasivam has withdrawn his bail and directed to surrender to the pain of that period, the central investigating agency shall take steps to stop them, reports PTI. Apex Court, who was 18 in April was in order, said that with the withdrawal of the security of the accused after looking into allegations chargesheet filed by CBI.

The orders were transferred to the CBI plea seeking cancellation of the rescue granted Gopalakrishnan, the global partner of PricewaterhouseCoopers, and Gupta, Head of Internal Audit scam-hit firm Satyam Computer. The CBI had challenged the bail granted to Gopalakrishnan and Gupta, that the defendant is accused of Rs 14,000 crore, Satyam scam of Andhra Pradesh High Court in June 2010.

His request was rejected by the lawyers appearing for Gopalakrishnan and Gupta, who argued that the investigating agency has dealt with the apex court ten months after the order approved by the High Court. They further argued that the Supreme Court had already given a bond to one of the auditors PWC-Satyam same Srinivas Talluri the CBI is trying to send another auditor Gopalkrishna behind bars.

The CBI, however, rejected this sentence was a different role and Srinivas Talluri Gopalkrishnan in the case of Satyam.

"Talluri was (is) for a period of one year. He just followed Gopalkrishnan. Gopalkrishnan must take excessive remuneration from the company (Satyam). He also took the charges for other services... may be that the money was to to help (Raju) conspiracy, "said the Other Solicitor General HP Rawal appear in the CBI.

Bench has also been agreed, and said, "and (Talluri and Gopalkrishnan) are in different situations. It may not be a precedent." Supreme Court on October 26 last year, was also withdrawn guarantees granted to B.Ramalinga Raju, founder and chairman of Satyam Computer (now Mahindra Satyam), and five others.

The Prices Of Fruits, Onions Food Inflation 8.74 Pc

Reversing a trend of three weeks in the fall, food inflation rose to 8.74 percent for the week ended April 9 from 8.28 percent the previous week because of the fruits expensive products protein and onions, according to official data released on Thursday.

The rise of last week which was also the lowest in a year and a half, probably put more pressure on the government seems confused after inflation to March exceeded its forecast of 8 percent. Headline inflation was registered last month to 8.98 percent.

week period of fruit has become the most expensive is 25.25 percent year on year, while eggs, meat and fish were 14.96 percent more expensive. Cereal prices have risen by 4.48 percent per year, and rice and wheat were expensive 2.08 percent and 1.31 percent respectively.

The onions were expensive at 8.28 per cent over the previous year. Vegetables in general has become more expensive is 1.53 percent. The potatoes were up 1.21 percent. The milk has become expensive to 4.05 per cent per Annam. Legumes, however, bucked the trend and witnessed a 5.67 percent decrease.

non-food items also by 27.69 percent during the year. Fuel and electricity prices rose 13.05 percent, while gasoline rose by 21.81 percent.

Terms Of Money Still Hit Another Peak Of Rs 68,180 Kg

Best all documents, silver futures rose to 0.70 percent from trade to a record level of 68,180 rupees per kg today that speculators in the preparation of large positions after the metal has climbed to one of 31 years of high world market.

Firming trend in the domestic market because the demand for marriage season also affected the prices of silver futures. At the Multi Commodity Exchange, silver delivery in December was R 475, or 0.70 percent to trade a new high of Rs 180 per 68 kg, and their turnover in one batch.

Similarly, the white metal for May delivery was up 398 rupiah, or 0.62 percent to 64,993 rupees per kilo, with a turnover of a single batch. Globally, silver in the Asian region rose 0.8 percent to trade at $44.32 an ounce, the highest price since 1980.

HCL Net Profit Of 33 Pc At Rs 468.2 Cr In Q3

IT major HCL Technologies on Wednesday to 33 percent percent of its net profit at Rs 468.2 million rupees for the quarter ended March 31, 2011. The company posted a net profit of 350.3 million rupees R during the third quarter ended March 31, 2010, HCL Technologies, said in a statement.

Revenues for the quarter was up 31.5 percent reported at Rs 4138.2 crore from Rs 3132.1 crore in the third quarter FY'10.

"We continue to expand its market share to support the second consecutive quarter of net sales increased 30 years-plus percent, compared to margins and expansion," said HCL Technologies Vice-President and Chief Executive Officer Vineet Nayar.

He added: "HCL is focused on investing ahead in key markets and dividend processing services." The company announced a dividend of 2 rupees per share for the quarter.

During the quarter, net sales, in addition to the employee - a key variable for the health of the IT industry - was in 1153 for a period, bringing the total number of employees and 73,420.

HCL has also said it has acquired certain software assets of Citibank International Plc in January-March $ 26 million, with revenue expected from midway through the fourth quarter of this year. Through this agreement, HCL also has over 41 employees of Citi and a "guaranteed source of income" of $ 135 million, spread over 10 years.

2G Is A Scam: Court Rejects Bail Plea Five Leaders Corp

The court on Wednesday rejected the plea of ​​the five security companies, including promoter honchos Etisalat DB, Sanjay Chandra, in connection with the 2G spectrum.

order came from the bail application of Vinod Goenka Director Swan Telecom, Unitech Dr. Sanjay Chandra, and three senior officials of Anil Dhirubhai Ambani group (ADAG) - Gautam Doshi, Hari Nair and Surendra Pipara. They can be sent to jail.

The five leaders who were appointed by the Central Bureau of Investigation (CBI) indictment, was not arrested during the probe, reports ET.

Investigating agency had on April 15 applied for the award of the five leading business chargesheeted for their alleged role in the 2G spectrum of the scam, saying it can not escape and to avoid prosecution.

the CBI, which opposed his release on bail the media, said some key witnesses, who belongs to the company, he worked directly with them and the opportunity to gain the defendants could not be excluded.

The investigating agency had earlier issued notice to employers that have not been arrested as part of the scam.

The former Telecom Minister Raja, a former secretary of Telecom Secretary Siddhartha Behura personal limits and RK Chandolin promoter Shahid Usman Balwant Swan Telecom has the right to custody and received copies of the charge sheet.

All the accused have been booked under section 120 (B) (criminal conspiracy), 468 (forgery for cheating), 471 (using as genuine a forged document or electronic record) delivery, 420 ( cheating and dishonestly inducing property) and 109 (abetting the act is committed in consequence and encouraged in the absence of express provision is made for its punishment) of the Indian Penal Code.

Aja was forced to resign from the cabinet Union last year after the Comptroller and Auditor General of India (CAG) accused of underestimating the spectrum for companies that largely were eligible to 2G spectrum, and added that the government probably lost Rs.1.76 lakh crore in revenue.