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Italian scientist, turning 100, still works

Ravi Kant — Mon, 20 Apr 2009 06:07:15 +0000

ROME – Rita Levi Montalcini, a Nobel Prize-winning scientist, said Saturday that even though she is about to turn 100, her mind is sharper than it was she when she was...

Tech Mahindra wins Satyam bid

Ravi Kant — Mon, 13 Apr 2009 07:01:45 +0000

Tech Mahindra on Monday outbid L&T and others and won the Satyam bid, TV reports said.

According to Times Now sources, Tech Mahindra will pay Rs 1757cr for 31% stake in Satyam. It will pay Rs 58 per share of the company. The face value of Satyam shares is Rs 2 per share.

How Obama can help IT Inc.

Ravi Kant — Fri, 23 Jan 2009 04:37:43 +0000

As the first Black President Barack Hussein Obama steps into the White House, he inherits an economy mired in a recession that could be the worst since the Great Depression. Among the numerous challenging that the new Prez faces, none seems as pressing as reviving the troubled economy.

In the past few months, the country has lost lakhs of jobs and the number is accelerating. The housing crisis, credit crunch, the list of economic pain points seems to be growing. In this gloomy scenario, Obama shows hope. As he said in his speech, “The challenges we face are real, they are serious and they are many. They will not be met easily or in a short span of time. But know this, America — they will be met.”

India Inc too hopes that the new President will help deepen India-US economic ties. The industry also wishes that the US’ tech-savvy president supports the role of Indian companies in America’s healthcare and software sector. Here’s a wishlist of India IT sector from the new regime at White House.

Slumdog sweeps oscar nominations

Ravi Kant — Fri, 23 Jan 2009 04:33:33 +0000

With not one, not two, but 10 Oscar nominations for Slumdog Millionaire - and with composer A R Rahman accounting for three of them - India’s arrival at the mecca of film awards was nothing short of spectacular. The bonanza also belatedly...

PM may require a bypass shortly

Ravi Kant — Thu, 22 Jan 2009 12:09:25 +0000

PM is likely to need procedures to treat a narrowing of coronary arteries.

A R Rahman first Indian to win Golden Globe

Ravi Kant — Mon, 12 Jan 2009 04:31:45 +0000

A R Rahman created history on Sunday night as he became the first Indian to win the prestigious Golden Globe awards for best original music score for Danny Boyle’s Slumdog...

Satyam CFO attempts suicide

Ravi Kant — Fri, 09 Jan 2009 10:17:50 +0000

Srinivas Vadlamani, the chief financial officer of Satyam who is also allegedly involved in the IT company fraud, attempted suicide early this morning, say market sources. But he is safe, sources...