Fresh blast rocks Indian capital

April 24th, 2005 Reuters reports that some joker sold Indian Prime Minister's house on Ebay to an American business man! And I thought selling the Brooklyn bridge was a myth! The businessman forked out 35 million rupees ($802,600) for the house that was up for sale on a Web site as a "huge sprawling mansion in the heart of Lutyen's Delhi with 24x7 running water and electricity", the ‘Hindustan Times’ said. He soon received the title deed for the house and arrived in the Indian capital late in March to take possession of the house for an office he planned to set up only to discover he had been cheated.

December 3rd, 2005 Intel, world's largest chip maker, plans to make an investment of $1 billion for its Indian operations. The firm will spend $800m on boosting its research and development operation, with the rest of the cash being used to finance investment in firms.

January 26th, 2007 1. Goldman Sacks predicts India will beat US by 2050, lagging only behind China in economy. I think it will be much sooner.

September 2nd, 2009 NEW DELHI - The US Geological Survey on Wednesday issued a tsunami alert for the Indian Ocean in the wake of a 7.4-magnitude earthquake striking Indonesia's Java island. According to the USSGS, the quake struck less than 200 kilometres south of the capital Jakarta at a depth of 63 kilometres.

December 28th, 2008 BANGALORE - In a day of swift developments, independent director M. Rammohan Rao resigned from the board of IT major Satyam Computer Services, the company said Monday.

November 14th, 2005 Samsung Electronics and LG Electronics, Korea's two global electronics makers, have reduced their Indian workforce in India, opting instead to outsource its operations to India. "We work project-by-project, so we move between India and South Korea.

January 16th, 2009 MUMBAI - The Rs.70 billion ($1.4 billion) financial scam in Satyam Computer Services is an isolated case and does not tarnish the image of the Indian corporate sector in any way, Commerce Minister Kamal Nath said here Saturday. 'India Inc has established its credentials.

January 9th, 2009 MUMBAI - Indian equities markets, which had rallied last week and the first two days of trading this week, took a beating since Wednesday after the Satyam fraud blew up, dampening investor confidence and pushing a key index to close Friday 5.54 percent lower over last week's close. The fall from grace of B.

December 11th, 2005 I want to create a list of Java blogger's in India or of Indian origin. If you are one please state so with your url in the comment below.

February 20th, 2009 MUMBAI - Infrastructure and construction major Larsen and Toubro (L&T) Friday said it was studying the go-ahead given to scam-hit Satyam Computer Services to rope in a strategic investor with a combination of fresh equity and an open offer to shareholders. L&T is now the largest shareholder in Satyam.

January 20th, 2009 BANGALORE - Azim Premji, chairman of IT major Wipro, is optimistic about the revival of the Indian economy earlier than the world economy, saying the country remained largely insulated from the fallout of the financial meltdown and recession in developed countries. 'I am little more optimistic about the India situation.

June 30th, 2007 A UAE based site (Souq.com) is auctioning blank sheets of original watermarked 5 Rs Indian notes. The current bid is 79 AED.

January 14th, 2009 MUMBAI - India's outsourcing firms were jolted Thursday after Canada-based Nortel Networks, one of North America's largest telecom equipment firms and a key client for many IT firms in this country, filed for bankruptcy. Among the biggies of Indian outsourcing firms that are expected to bear the heat of the development are Tata Consultancy Services (TCS), Wipro, Infosys and Sasken Communication Technologies, industry sources said.

January 26th, 2009 HYDERABAD - PriceWaterhouse has suspended two of its employees for their alleged involvement in the fraud at Satyam Computer Services, the Indian arm of the global auditing firm said Tuesday. 'In light of recent allegations, chief relationship partner S.

January 8th, 2009 CHENNAI - The Satyam Computers Services fraud that has shaken the Indian software services sector will not have any cascading impact on the other players, Communications and IT Minister A. Raja said Friday.