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Headlines Now
INTERNATIONAL
Tendulkar, Bachchan among Indian billionaires
London: Batting maestro Sachin Tendulkar and Bollywood superstar Amitabh Bachchan have joined India's top 20 Billionaire's Club, according to a new report.

NATIONAL
SENSEX snaps 5-day winning streak, dips by 40 pts
Mumbai: The SENSEX snapped the five-session long winning streak and dropped by about 40 points at close as a result of a sharp slide in technology stocks on the Bombay Stock Exchange (BSE) on April 8 due to profit booking by operators as well as retail investors.

Talks on with GE-Bechtel over revival of DPC
Mumbai: The Union government, Industrial Development Bank of India (IDBI) and Maharashtra State Electricity Board (MSEB) are holding talks with representatives of GE-Bechtel regarding expenditure of re-starting the Dabhol Power Company's project in coastal Konkan, the state Energy Minister Dilip Valse-Patil said on April 8.

WestBridge Capital Partners and Sigma Partners invest US $ 7.5M in
Bangalore: WestBridge Capital Partners announced on April 8 that along with Sigma Partners ,it has co-led an investment of US $7.5 million in Santa Clara based Emagia Corporation, a leading enterprise cash flow management solutions company.

Singapore-India FTA likely in one year: Tong
New Delhi: Singapore on April 8 said Free Trade Agreement (FTA) with New Delhi could be sealed in one year and both sides should be prepared to make "difficult trade-offs", a move, which will give tremendous boost to trade between the two nations.

Govt committed to revive investors' confidence: Jaswant
New Delhi: Government on April 8 told the Rajya Sabha that the country's largest mutual fund UTI (Unit Trust of India) is on a revival path and its units have started fetching a premium.

State FMs agree to implement VAT from June 1
New Delhi: The contentious issue of Value Added Tax (VAT) was resolved on April 8, with state Finance Ministers deciding to implement from June 1 the new tax system in place of sales tax.

SENSEX falls below 3,200 level at early stages
Mumbai: After a long five-session rally, the SENSEX opened weak and later dropped below 3,200-level in line with substantial losses in heavy weighted counters at early stages of the session on the Bombay Stock Exchange (BSE) on April 8 on profit booking by operators.

Indian firm supplies blood warmers to US Army
Bangalore: An Indian firm is supplying huge quantities of "blood warmers", a battery operated device to maintain temperature during blood transfusion, being used by the US Army to treat war casualties in Iraq.