Business, Finance & Stock Market updates for June 19, 2007

Civil Aviation Ministry signs two MoUs with Canadian Aviation Electronics
The Civil Aviation Ministry signed two Memorandum of Understanding (MoU) with a Canadian company in Paris today for establishing a National Flying Training Institute at Gondia, Maharashtra and for management contract of Indira Gandhi Rashtriya Uran Academys (IGRUA) flight school operations. ANI

National board for micro, small and medium enterprises to meet tomorrow
The first meeting of the National Board for Micro, Small and Medium Enterprises will be held here tomorrow under the Chairmanship of Micro, Small and Medium Enterprises Minister Mahabir Prasad. ANI

NMCC launches portal to make Indian companies globally competitive
National Manufacturing Competitiveness Council (NMCC) Chairman V. Krishnamurthy launched a national manufacturing portal www.nmcc-vikas.gov.in or www.nmcc-vikas.in here today. ANI

National Iranian Oil Company extends bids deadline for 17 blocks
The National Iranian Oil Company (NIOC) has extended its deadline by 40 days for the submission of bids by international and Iranian oil companies for 17 exploration and development blocks. ANI

Terry Semel steps down as Yahoo Inc. chief
Terry Semel has resigned from his post as Yahoo Inc. head after a six-year stint. ANI

Viswam Sports Signs Deal with DD Sports to Telecast Premier Cricket League
Business Wire India

Amul now Launches Stamina Candy
Business Wire India

Blue Coat Opens Subsidiary in India
Business Wire India

India Hospitality Announces US $110 Million Deal to Form a Growing Diversified India-Based Hospitality Company
Business Wire India

Intelsat Launches Global Maritime Solution
Business Wire India

Government Incentives and Subsidies for Renewable Energy Sources Strengthen Demand for DC-AC Inverters
Business Wire India

Wipro Named a Leader by Independent Research Firm in Global IT Infrastructure Outsourcing Report,Q2 2007
Business Wire India

GEI Industrial FY07 Income Up 57% YoY; PAT Up 49% YoY
Board Recommends 10% Dividend for Shareholders; Current Order Book At Rs 160 crore Concept PR

Wanbury raises Euro 15 mn through FCCB
To fund the overseas acquisition, and expansion Concept PR

Markets stay positive - June 19, 2007 - 1:00 Noon
The stock markets continued to add few more points though the trading in general looks flat. Sensex added about 40 points while Nifty added a mere 10 points. GetPaidIndia.com

Markets open positive - June 19, 2007 - 10:10 AM
S&P CNX NIFTY is at 4151.35 and is up 0.10%. NIFTY JUNIOR is at 8105.50 and is up 0.18%. CNX IT is marginally down while Banking stocks look firm. GetPaidIndia.com