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

Microsoft sets up first Interoperability Lab in Bangalore
In continuation of its ongoing efforts to address the interoperability needs of customers, Microsoft Corporation today announced two new initiatives at the Microsoft Interoperability Conclave held in Bangalore today. ANI

Nokia Siemens Networks, Wipro sign R and D partnership contract in Germany
Nokia Siemens Networks and Wipro Technologies, the global IT arm of Wipro Limited (NYSE:WIT) have agreed on the terms and conditions of a business transfer and asset sale of Nokia Siemens Networks radio access related R and D activities in Berlin. ANI

Reliance Retail opens apparel speciality store in Gurgaon
The apparel, luggage and accessories division of Reliance Retail has announced the launch of their first apparel specialty store Reliance Trends in Gurgaon. ANI

Eva Longorias domestic bliss
Desperate Housewives Eva Longoria has established herself as the perfect housewife- by cooking and cleaning for hubby, French basketball star Tony Parker. ANI

CII Indian Cities delegation leaves for Europe
The Confederation of Indian Industry (CII) delegation led by Joaquim Alemao, Minister, State Urban Development, Goa is on a visit to Europe from 10 - 17 October, 2007. ANI

Delhi awaits Building Technologies Summit 2007
Frost and Sullivan, a global growth consulting company, presents the Building Technologies Summit 2007 on October 16, at Le Meridien, New Delhi. ANI

ADB chief meets captains of Indian industry, calls for focus on infrastructure development
Asian Development Bank President Haruhiko Kuroda today called on Indian industry to train their focus on infrastructure development, as he believed that this would increase the countrys current rate of GDP growth from eight to nine percent to about ten to eleven percent, as was seen in the case of China. ANI

Union Cabinet approves winding up of Bharat Yantra Nigam Limited
The Union Cabinet today gave its approval to various proposals for winding up of Messers (M/s) Bharat Yantra Nigam Limited (BYNL), Allahabad, a public sector holding company. ANI

NetScout Systems to acquire Network General
The NetScout Systems, an industry pacesetter for advanced network and service assurance solutions, today announced that it has entered into a definitive agreement to acquire the Network General Corporation, in a combined cash, stock, and debt transaction currently valued at approximately 205 million dollars. ANI

Infosys Technologies (NASDAQ: INFY) Announces Results for the Quarter ended September 30, 2007
Business Wire India

NetScout Systems to Acquire Network General
Business Wire India

Count Down Begins - Delhi Awaits Building Technologies Summit 2007 - First of its Kind in India
Business Wire India

Reliance Retail Announces Apparel Speciality Store
Business Wire India