Business, Finance & Stock Market updates for July 11, 2007

CII condoles Dr Bharat Rams death
Expressing deep shock over the sad demise of Dr Bharat Ram, Chairman Emeritus of DCM Ltd and SRF Ltd, Gen S S Mehta, the Director-General of Confederation of Indian Industry (CII) said: It is an irreparable loss. We have lost a doyen of Indian Industry, noted for his business acumen and simplicity of lifestyle. He was the voice and conscience-keeper of Indian business and was respected by compatriots. He had brought prestige not only to himself but to Indias business community as a whole. ANI

Infosys posts 35 percent rise in 2007 first quarter
Indias second largest software exporter, Infosys Technologies Ltd., posted a 35 percent rise in first quarter profits on Wednesday. ANI

Reliance Energy to expand power generating capacity
Reliance Energy Ltd. has said it will spend 600 billion rupees over the next five years to add 15,000 megawatts (MW) of power capacity, and make itself a brand leader in Asias third-largest economy. ANI

Infosys Technologies (NASDAQ: INFY) Q1 Revenues Grew by 25.1% Year on Year, Sequential Growth Flat
Business Wire India

McDonald's to Save Energy and Increase Operations Efficiency with Echelon's Technology
Business Wire India

AMD Announces the Resignation of Dave Orton, former CEO of ATI
Business Wire India

Flashforward Conference Announces Kevin Lynch, Adobe Senior Vice President and Chief Software Architect, as Keynote Speaker
Business Wire India

SuperDerivatives Continues Growth in Asia Pacific with Key Appointment of Mark Wightman
Business Wire India

EA Announces EA SPORTS NBA STREET Online for Asia
Business Wire India

MSF Releases NGN Implementation Guidelines
Business Wire India

Frost & Sullivan Estimates 15 Percent CAGR for Global SSO Market BFSI, Technology Sectors Top SSO Spenders
Business Wire India