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Headlines Now
INTERNATIONAL
Antitrust: US lawyers seek strict sanctions on Microsoft
Washington: Lawyers for the states still pursuing the Microsoft antitrust case pleaded in court on June 19 for strict sanctions on the company for its monopoly abuse as the case neared a likely conclusion.

NEPAD pledges Democracy, seeks more investment
Johannesburg: NEPAD, the New Partnership for Africa's Development, calls for massive investment in the continent as African countries pledge to follow global standards of Democracy.

NATIONAL
HC curbs SEBI from charging individual investors
New Delhi: The Delhi High Court has restrained Securities and Exchange Board of India (SEBI) from recovering fee from registered investors on their personal transactions in stock market following a petition challenging the validity of a notification by the market regulator in this regard.

Bharti in talks for sharing base station in Chennai
Chennai: Bharti's cellular brand "Airtel" is having negotiations with its competitors in the Chennai circle and the rest of Tamil Nadu for sharing base stations for environment and economic reasons, according to a top executive of the company

Infosys acquires US-based Trade IQ product division
Mumbai: Infosys Technologies Limited's banking business unit has acquired the Trade IQ product division of US-based IQ Financial Systems Inc in an all cash deal of $ 3.9 million.

Centre’s fiat to states on power dues to PSUs
New Delhi: Getting tough with the states, the Centre has told them to make full payment for current power purchases from Central public sector units (PSUs) and clear the dues as per Ahluwalia Committee recommendations or face restriction in power supply.