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INTERNATIONAL
Linux to display OS in vernaculars with GUI
Mumbai: A seminar on "Linux for Enterprises", to showcase strengths of Linux in the networked corporate environment, was announced on Wednesday by Red Hat, a global leader in development and management of open source solutions.
NATIONAL
Former Madhavpura Bank chief in CBI custody
Ahmedabad: In a major break-through, the Criminal Investigation Department (CID) (economic offence) of the Gujarat Police on Thursday arrested former chief executive officer and managing director of the controversial Madhavpura Mercantile Cooperation Bank (MMCB) Devendra Pandya, one of the major players in the recent share market scam.
CBI court extends Parekh's custody till May 3
Mumbai: A CBI special Court on Thursday extended till May 3 the judicial remand of leading stock broker Ketan Parekh, his cousin Kartik Parekh and Manager of Madhavpura Mercantile Co-operative Bank (MMCB) J V Pandya arrested in connection with the Rs 1.37 billion bank pay order scam.
BSE Sensex 1.2 per cent down, closes at 3,557.19
Mumbai: Stocks on the Bombay Stock Exchange (BSE) fell 1.2 per cent on Thursday on profit taking by domestic funds, brokers said.
Indian auto industry to face a slump in sales
Mumbai: Indian car and two-wheeler makers are unlikely to see any rise in sales despite last-minute sops added to the national Budget, analysts said on Thursday.
Power Grid to invest Rs 800 bn in national grid
New Delhi: The Power Grid Corporation of India plans to invest Rs 800 billion for developing a national grid to transfer 30,000 mw of power from the power-surplus eastern region to the rest of the country.
NASSCOM-BSA join hands to fight software piracy
New Delhi: India's premier software body on Thursday launched an aggressive nationwide campaign against software piracy even as it announced the largest domestic settlement for copyright violation.
30-member JPC formed to probe stock scam
New Delhi: A 30-member Joint Parliamentary Committee (JPC) was on Thursday set up to make comprehensive investigations into the shares scam and to suggest measures to prevent its recurrence.
Mahindra plans to acquire US firms
New Delhi: Mahindra & Mahindra (M&M), India's largest manufacturer of tractors and utility vehicles, plans to acquire companies in the US and enter into technical collaboration in South-East Asia to expand its market presence.
India is largest recipient of IFC funding
Washington: India is the largest recipient of International Finance
Corporation's (IFC) funding this year with new investments touching over $ 400 million.
Businessmen contemplate 'psychology of love'
New Delhi: What's love got to do with bridging the digital and developmental divide? Ask the CEOs and they remark, "It is one thing to succeed at business, but sustaining personal relationships is quite another story!"
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