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Home / Business News / 2008 / January 2008 / January 21, 2008
Business News for January 21, 2008, Finance & Stock Market updates for January 21, 2008

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Karnataka High Court orders Ramoji Rao to appear in Ballari Court

Left Parties to submit letters of withdrawal of support to President today

US Congress may not have time to pass Indo-US Nuke deal

Blondie all set to release new album

Sabarimala Swamy Ayyappan Temple replica comes up Pochampally

Choosing the wrong bike may cost men their sex life!

Human speech may have originated earlier than believed

Tomatoes may harbour Alzheimers cure

Business News for January 21, 2008, Finance & Stock Market updates for January 21, 2008

Sensex plunges over 1, 400 points (Lead)
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) plunged by over 1, 400 points on Monday. ANI

UK environment group accuses Coke of depleting water in Rajasthan
A leading environmental research group has asked Coca-Cola to consider shutting down a bottling plant in Rajasthan, saying that it is depleting scarce water supplies in that desert state. ANI

Sensex crash by more than 2000 points, closes at 17,605 points
The Bombay Stock Exchange closed at 17,605.35 points, -1,408.35 or -7.41 per cent from Fridays close of 19,013.70 points. ANI

University of Oxford to establish India Business Centre
The Vice-Chancellor of the University of Oxford, Dr John Hood today announced the establishment of the Oxford University India Business Centre (OUIBC) during a visit to New Delhi. ANI

Idea Cellular announces un-audited results for Q3
Idea Cellular Limited (Idea) today announced its un-audited results for the quarter ended December 31, 2007. ANI

Satyam ANZ doubles sales volume
Indias Satyam Computer Services Australia and New Zealand business has reported third quarter revenue of 47 million American dollars.Deepak Nangia, Satyam Computer Services ANZ head, said 90 per cent of its third-quarter revenue came from existing customers ANI

CII inks pacts on skills and innovation during Browns visit
The Confederation of Indian Industry (CII) has signed two pacts with UKSkills and i2india Holdings, focussing on skills and innovation, respectively, on the occasion of the visit of British Prime Minister Gordon Brown. ANI

Idea Cellular Limited: Consolidated Q3 Results Revenue Rs 17103 mn, EBITDA Rs 5694 mn, PAT Rs 2368 mn
Business Wire India

Lavasa and University of Oxford Joint Initiative to Develop India's 21st Century Business Leaders
Business Wire India

Apeejay School, Noida, Wins 2007-2008 Future Cities India 2020 Student Design Competition
Business Wire India

Tanla Solutions Announces Q3 Results for FY 08
Business Wire India

Amul Launches CALCI+ (High Calcium Milk)
Business Wire India

Rediff.com India Limited Schedules Third Quarter Earnings Results Conference Call for January 28, 2008
Business Wire India

Partnership with PeopleTech to Expand Sangoma's Global Footprint
Business Wire India

OneWorld Health Sponsors Diarrheal Diseases Symposium at PEDICON 2008 to Share Information on Effective Therapies Against Major Child Killer
Business Wire India

Update: Xtreme Everest Takes SunTech Medical OEM NIBP to the Top of the World
Business Wire India

Vitesse Unveils VScope(TM) Embedded Waveform Viewing Technology to Revolutionize Signal Integrity Analysis
Business Wire India

Hyderabad IT Summit 2008 to Focus on IT Infrastructure
Hyderabad IT Summit 2008 - with main focus area as "Empowering IT with world class infrastructure" will be held in city as a three-day meet from March 20th - 22nd 2008, at Hyderabad International Convention Centre (HICC) Solus Media

Satyam Posts 32% Year-over-Year Revenue Growth; Revises Guidance Upwards
FY2008 Revenue Now Estimated at $2.1 Billion Ogilvy Public Relations Worldwide

Satyam Acquires Bridge Strategy Group
Chicago-based management consulting firm strengthens company's high-end business services Ogilvy Public Relations Worldwide

Pipavav Shipyard Ltd plans Rs. 2,900 crore shipyard project
Proposes to enter Capital markets, Files DRHP with SEBI Concept PR

Indian markets take severe correction route
Yet another black Monday in the history of the Indian stock markets. Scripts on both the BSE and NSE took a choppy correction session today. The selling pressure is across scripts in all capitalization markets - Largecaps, Midcaps and Smallcaps and is evident in almost all sectors. Not even a single sectoral index on the BSE closed in the green. GetPaidIndia

Indian markets open in red; Follows Asian peers
Nifty is down about 1.42% while Sensex is down 3.49%. Indian stock markets are following its Asian peers. The red opening in the market is well expected but market experts feel a recovery is possible post mid day. GetPaidIndia

Weakness all over Asian markets
Weakness is evident all over the the Asian markets this morning. All Ordinaries, Shanghai composite, Hang Seng, Nikkei 225 are down over 2% while KLSE Composite, Straits Times and Seoul Composite are down by 1%. GetPaidIndia

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