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Headlines Now
INTERNATIONAL
Enron task force chief is also accused of fraud
San Francisco: The US official charged with cleaning up Enron-like corporate scandals, stands himself accused of corporate fraud in a lawsuit to be filed on August 14 by an anti-corruption watchdog group, the group said in a statement.

Reddy's lab suffer setback on US drug-patent ruling
New York: India's Dr Reddy's Laboratories and other generic drug manufacturers suffered a setback when a US court ruled against them in a patent infringement case over wide-spectrum antibiotic Cipro, upholding the patent held by Bayer AG.

NATIONAL
Spice launches 'Disha', exclusive mobile for women
Bangalore: Cellular service provider Spice Telecom on August 14 launched "Disha", a product targeted exclusively at women between 25 to 45 years.

UBI plans to use surplus staff for marketing
Bangalore: Union Bank of India (UBI) has no plans to offer a second voluntary retirement scheme (VRS) for its employees- at least not in the next two years- and intends to use the surplus staff for marketing, its chief managing director V Leeladhar said on August 14.

Microsoft sets up .NET centre at Anna University
Chennai: In a pioneering initiative, the Microsoft Corporation has set up a .NET Centre of Excellence at the Anna University in Chennai, the first of its kind at an academic institution by the US corporation, to train students in XML web services, the next generation of computing.

Equities reflect Wall Street sentiment, open lower
Mumbai: Share values opened slightly lower on Bombay Stock Exchange (BSE) on August 14 on profit-selling by operators after three days of gains following weak Wall Street advices.