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Home / Business News / 2008 / May 2008 / May 16, 2008
Business News for May 16, 2008, Finance & Stock Market updates for May 16, 2008

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Karnataka High Court orders Ramoji Rao to appear in Ballari Court

CCEA approves scheme on National Mission on Medicinal Plants

Magnets could keep sharks at bay!

Pammie was first choice for X-Files lead role!

Chidambaran says government to speed up reforms

ICC chief Haroon Lorgat to meet the media in Colombo

Bossy parents cause older teens to indulge in more sex

Aussies turning in droves to alternative therapies

Business News for May 16, 2008, Finance & Stock Market updates for May 16, 2008

Chidambaram blames Inflation on soaring global oil prices
Union Finance Minister P. Chidambaram today blamed the rising prices of global crude oil for inflation in the country. He hoped the annual inflation rate to moderate, once the impact of lower steel and cement prices is felt. ANI

Outsource Partners International inaugurates newest shared service center in Bangalore
Outsource Partners International, Inc. (OPI), a leading provider of finance, accounting, and tax business process outsourcing (BPO) as well as related services, announced the opening of its new, 280,000 square feet Shared Service Center in Bangalore. ANI

Inflation at a 7.83% high for week ended May 3
The annual inflation rose to 7.83 percent for the week ended May 3 from 7.61 percent for the previous week. The data for the week ended March 8 has been revised to 7.78 percent versus 5.92 percent (provisional). ANI

Profit-boosting approach can save energy too, says Indian scientist
A profit-boosting business practice can be used to help turn companies green by reducing their energy use, says a team led by mechanical engineer Prabhakar Kaushik of NC College of Engineering in Haryana, India. ANI

Metso Minerals bags order worth EUR 17 million from Essar Steel Ltd
Metso Minerals, a leading global supplier of equipment, service and process solutions for rock and minerals processing, today announced that it will supply an iron ore induration machine to Global Supplies Ltd, a member of the Essar Group. ANI

Outsource Partners International Inaugurates Newest Shared Service Center in Bangalore, India with Grand Opening Ceremony
Business Wire India

Metso Minerals Bags Order Worth EUR 17 million from Essar Steel Ltd
Business Wire India

Rediff.com India Limited Schedules Fourth Quarter and Fiscal Year Ended Earnings Results Conference Call For May 23, 2008
Business Wire India

Corning to Showcase Gorilla(TM) Glass at SID Display Week 2008
Business Wire India

New Horizons Computer Learning Centers Becomes Cisco Learning Solutions Partner
Business Wire India

Landmark ATHENA Study Findings with Multaq(R)(dronedarone) Show 24% Reduction in Cardiovascular Hospitalisation or Death in Patients with Atrial Fibrillation
Business Wire India

Momentive Performance Materials Inc. Reports First Quarter 2008 Results
Business Wire India

Bernstein Litowitz and Milberg LLP Announce the Proposed Settlement of a Securities Class Action Lawsuit Against Biovail Corporation and Certain of its Officers or Directors for U.S.$138 Million in Cash
Business Wire India

Covidien Commences Registered Exchange Offer
Business Wire India

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