Internet services in India disrupted/India raises foreign investment caps in aviation, petroleum/India can send crew to space in seven years

Daily Dose |   January 31 2008

>> TOP NEWS Internet services in India disrupted Internet services have been disrupted throughout the country on Thursday following a major international cable breakdown in the Mediterranean Sea. India raises foreign investment caps in aviation, petroleum The Indian government on Wednesday allowed larger overseas investments in key sectors that include civil aviation and petroleum. India can send crew to space in seven years India will be able to send manned space flights in seven to eight years, G. Madhavan Nair, head of India's space program, said here. >> TECHNOLOGY Wipro readies to set shop floors abuzz with TINA Wipro Technologies has come up with a new innovative service to help the retail firms to make their customer service better. Cybernet-SlashSupport sets up Polish facility Cybernet-SlashSupport (CSS), an India-based IT firm, has set up technical support facility at Wroclaw in Poland at a cost of 1 million euro ($1.4 million), the company said on Thursday. >> BUSINESS Control and Switchgear announces JV with Portuguese firm India's leading power equipment exporter Controls and Switchgear Group (C&S) and Portugal-based multinational company EFACE Group will jointly manufacture medium voltage switchgear in India. Reliance Communications' net profit soars 48.5 percent The Anil Dhirubhai Ambani Group's Reliance Communications, India's second-largest mobile telecom company, Thursday reported a 48.5-percent jump in its net profits for the quarter ended on December 31. >> VENTURE NEWS UTI AMC to make Pre-IPO placement to international investors Indian mutual fund group, UTI Asset Management, is looking to bring in an international investor in the firm in a pre-IPO deal. Landmark may go public NRI Micky Jagtiani founded Landmark group, a Dubai-based retail firm plans to go public. The company plans to raise capital through multiple floatation, which includes a possible listing on Indian stock market. >> OTHER NEWS Major rivers may be declared national assets The central government is considering a proposal to declare some major rivers as national assets to tap heir huge hydropower potential. Eight Indian Americans reach Intel science talent finals Eight Indian American high school students, five of them girls, have been named among 40 finalists for the Intel Science Talent Search 2008 contest. >> BLOGS Outsourcing: the Platform for Legal Knights - Adhiraj Surana A first-time summit in New York City last week of Indian legal process outsourcing companies and their counsel shows how the industry,which could result in some $4 billion in foreign legal work being..... MAGAZINE Cover Story Aruba Networks is springing up on a solid financial footing and has developed unique technology to take on any challenges regardless of size in its stride. Guest Contributor Drive for excellence will help Indian firms leapfrog into the global arena By Sanjiv Sidhu The author is Founder & Chairman, i2 Technologies. SiliconIndia Books Vision, Values & Velocity Sam Pitroda "If you want to get it done, go do it. With one hand in fast-paced business, and the other...... Buy Now Spouse: The Truth About Marriage Shobhaa De, There's no such thing as a 'perfect marriage' or a 'perfect spouse'. Come on, get real! Marriage is a flawed institution, if you buy into that theory....... Buy Now Featured Mentor Praveen Gupta President at Accelper Consulting

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