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Headlines Now
NATIONAL
BSE: Pivotals drop further on selling pressure
Mumbai: The Bombay Stock Exchange (BSE) continued to be under a bear grip, as pivotals succumbed again to selling pressure for the third straight session today, pushing down the SENSEX by yet another 11.60 points to close at 2950.

Iran may offer India equity in oil and gas fields
New Delhi: Iran may offer Indian oil firms equity in its oil and gas fields in return of New Delhi agreeing to buy natural gas from it.

Shourie washes his hands of MIT pull-out row
New Delhi: Brushing aside allegations by Massachusetts Institute of Technology (MIT) that it withdrew from a research project in India due to differences with him, IT Minister Arun Shourie on May 9 said it was because there was no value addition to the project by the US-based institute to benefit Indian masses.

SENSEX opens lower on selling in IT counters
Mumbai: The benchmark resumed lower and was trapped in a very narrow range on alternate bouts of buying and selling at early stages on the Bombay Stock Exchange (BSE) on May 9.

INTERNATIONAL
Satyam to open global solutions centre in Malaysia
Cyberjaya (Malaysia): Notwithstanding the recent harassment of Indian Information Technology (IT) experts in Malaysia, Satyam Computer Services on April 28 launched its Global Solutions Centre to enhance its presence in the Asia-Pacific region.