Business, Finance & Stock Market updates for April 29, 2008

BHEL, NTPC join hands to set up a joint venture company
Bharat Heavy Electricals Limited (BHEL) and National Thermal Power Plant (NTPC) on Tuesday joined hand to set up a joint venture company to carry out engineering-procurement-construction (EPC) contracts for power plants and other Infrastructure projects as well as manufacture and supply of equipment in India and abroad. ANI

Financial Bill passed: Chidambaram gives assurances on controlling inflation
Finance Minister P Chidambaram on Tuesday gave assurances that the Reserve Bank of Indias monetary policy and fiscal measures would help to control inflation. ANI

RBI hikes CRR to 8.25 percent, keeps key interest rates unchanged
The Reserve Bank of India (RBI) today hiked the Credit Reserve Ratio (CRR) by 25 basis points to 8.25 per cent with effect from May 24 and left key interest rates unchanged in its annual the monetary and credit policy for the year 2008-09. ANI

Food, fuels and fertilizers are three challenges facing the world: Nath
Commerce and Industry Minister Kamal Nath today identified three challenges facing the world. ANI

Cincom Smalltalk Releases ObjectStudio 8.1 and VisualWorks 7.6
Business Wire India

Don't Let Fragmentation End Hard Drive Life Prematurely
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Castrol India Limited Announces Unaudited Financial Results for the First Quarter Ended 31st March 2008
Business Wire India

Georgia Aquarium Selects Infosignz to Power its Digital Signage Network
Business Wire India

Grasim, The Aditya Birla Group's Flagship Company Performance for Q4FY 2008
Business Wire India

Onkyo Purchases Moore Microprocessor Patent(TM) Portfolio License
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Global Health, Sustainable Agriculture and International Business Issues Focus of 2008 BIO International Convention
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Kaavo Releases Web Application for Easy Access to Cloud Computing
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Gemalto Expands e-Driver License Contract to 3 Additional States in Mexico
Business Wire India