Business, Finance & Stock Market updates for October 13, 2008

Trendz Information Technologies successfully completes overseas training project at its Hyderabad campus
Attracts overseas IT clients for training. Trained IT Professionals from West Africa and soon plans to set up a base in Dubai to foray into several other countries and aims to reach Rs 5 crore turnover in the current fiscal year Solus Media

Bangalore IT.biz launches YESSS
YESSS to provide a business platform for the Young Entrepreneurs, Researchers and Industry community of Information & Communications Technology Equator PR

Momail and JAJAH Introduce Innovative Calling Option
Business Wire India

Outrigger Enterprises Group Names Darren Edmonstone Senior Vice President - Asia
Business Wire India

Micron Technology Strengthens its Partnership with Nanya Technology Corporation
Business Wire India

Mitsubishi UFJ Financial Group Closes $9 Billion Equity Investment in Morgan Stanley as part of Global Strategic Alliance
Business Wire India

Sify Technologies wins brandon hall excellence in learning award for third consecutive year
Sify Technologies Limited, a leader in Consumer Internet and Enterprise Services in India with global delivery capabilities, announced today its eLearning divisions winning the coveted Brandon Hall Award for the third consecutive year. ANI

QuEST global gets govt notification to lease out land at its precision engineering SEZ in Karnataka
QuEST Global, a leading provider of outsourced engineering services and manufacturing, announced today that it has received the Government of India notification for its SEZ (Special Economic Zone) in Belgaum, Karnataka. QuEST Global has also received approval for the units that are coming up in phase 1 of the SEZ. ANI

Mallya, Goyal meet over possible alliance
Kingfisher Airlines and Jet Airways on Monday broached a possible alliance to overcome their problems, largely generated by mounting fuel bills in wake of the global financial crisis. ANI

Kamal Nath for more intra-trade among India-Brazil-South Africa
Union Minister of Commerce and Industry Kamal Nath today said that that achieving the Millennium Development Goals (MDGs) will acquire key importance in the overall framework of economic cooperation. ANI

Max New York Life Insurance appoints Rajesh Sud as chief executive officer and managing director
Max New York Life Insurance Ltd., the joint venture between Max India Ltd. and New York Life International, LLC, the international arm of New York Life Insurance Company, announced today that Rajesh Sud, has been named Chief Executive Officer and Managing Director of the joint venture operation, effective November 1, pending formal IRDA approval. ANI

Cranes software announces release of the NISA/CIVIL Version 16
Cranes Software International Limited, a provider of enterprise statistical analytics and engineering simulation software products and solutions today announced the launch of NISA /CIVIL Version 16 - the latest version of its industry leading FEA package NISA /CIVIL. ANI

Helion and TVS Shriram growth fund invest 7.5 million dillars in 9.9 media
Helion Ventures and TVS Shriram Growth Fund have invested 7.5 million dollars in 9.9 Mediaworx Pvt Ltd, a diversified media company focused on niche consumer, business and professional communities. Sanjeev Aggarwal, MD of Helion, and Gopal Srinivasan, CMD of TVS Capital, will join the 9.9 Media Board. ANI

Maveric Systems and Smartesoft announce software quality acceleration initiative
Maveric Systems, one of Indias leading dedicated software testing company, today announced their collaboration with Smartesoft Inc, a pioneer in Test Automation tools, to accelerate the pace of software quality testing. ANI

Momail and JAJAH introduce innovative calling option
Momail (www.momail.com) and JAJAH (www.jajah.com) are excited to announce their collaboration to make phone calls over Internet even easier to setup. ANI

Chidambarams not to panic appeal
Union Finance Minister P Chidambaram today appealed to the Indian public not to panic over the impact of the global financial crisis and exuded confidence about the publics money being safe in banks. ANI

CSM Software announces top management changes to target aggressive growth
CSM Software a leading provider of advanced engineering software and services to global aerospace, automotive and heavy engineering industries, today announced the reorganization of its top management to target aggressive growth in line with the major growth expected in the engineering services and product design markets. ANI

CSM Software Announces Top- Management Changes to Target Aggressive Growth
Business Wire India

Maveric Systems and Smartesoft Announce Software Quality Acceleration Initiative
Business Wire India

Helion and TVS Shriram Growth Fund Invest US $7.5 Million in 9.9 Media
Business Wire India

Cranes Software Announces the Release of the NISA/CIVIL Version 16
Business Wire India

QuEST Global gets Govt. of India Notification to Lease out Land at its Precision Engineering SEZ at Belgaum
Business Wire India

Max New York Life Insurance Appoints Rajesh Sud as Chief Executive Officer and Managing Director
Business Wire India

TEST2008 Brings to India International Experts from Software Testing Industry
Business Wire India

TAFE Announces its First Overseas Manufacturing Plant: a Greenfield Investment in Turkey
Business Wire India

Sify Technologies Wins the Brandon Hall Excellence in Learning Award for the Third Consecutive Year
Business Wire India

Outcome of HOVS Board Meeting, dated 8th, October, 2008
Business Wire India

Kotak Securities Offers AutoInvest Gift Pack
Business Wire India