Business, Finance & Stock Market updates for September 9, 2008

Simplifying the corporate structure
Sterlite Industries (India) Limited (Sterlite) announced that its parent company, Vedanta Resources Plc (Vedanta or the Group) today announced a restructuring to simplify the Group corporate structure into three commodity focused verticals: Copper and Zinc-Lead; Aluminium and Energy; and Iron Ore. ANI

Cisco Virtual Office extends enterprise, increases productivity
Cisco(r) today announced the Cisco Virtual Office, a secure solution that allows businesses to extend their enterprise - and productivity - by bringing the office to employees who regularly work in a variety of remote settings, such as branch locations or from a home office. ANI

CB and I Awarded Contracts for World-Scale Petrochemical Complex in India
CB and I (NYSE:CBI), through Lummus Technology, has been awarded contracts with an overall value in excess of 45 million dollar by Essar Gujarat Petrochemicals Limited for technology licenses and basic engineering related to a major grassroots petrochemicals complex in Vadinar, Gujarat, India. ANI

Sifys Naresh Ajwani elected as member of number resource organization
Sify Technologies Limited (Nasdaq National Markets: SIFY), a leader in Consumer Internet and Enterprise Services in India with global delivery capabilities, today announced the election of Naresh Ajwani - President, Consumer Infrastructure and Operations, Sify Technologies Limited, as a member of the Number Resource Organization - Number Council (NRO-NC), a global policy formulation body for the Internet. Naresh Ajwani is the first and the only Indian to be elected to the NRO-NC since its inception. ANI

TiVo chooses Wipros DVB-T middleware to build HD Digital Video Recorders
Wipro Technologies, the global IT services business of Wipro Limited (NYSE: WIT) today announced that TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), has adopted Wipros DVB-T and Common Interface (CI) software stacks for its solutions targeting Australian and European markets. ANI

Satellier Inc. survey reveals gap between international design practices and onshore construction realities in India
Satellier Inc., the global leader in workshare solutions and pioneer in Building Information Modeling services (BIM) for the architecture, engineering, construction and building owner (AECO) industry, today announced results from its recently conducted survey exploring the mindset of the development community and uncovering emerging trends in real estate development in India. ANI

ALW private ltd. closes series B funding of INR 287.4 million
A. Little. World. Private Limited (ALW), leveraging new generation technologies to enable financial inclusion at the bottom of the pyramid (BOP), announced the closing of INR 287.4 Million in sries B funding led by Bellwether Microfinance Fund Pvt. Ltd. and India Financial Inclusion Fund, both managed by Hyderabad-based caspian advisors. ANI

Naukri.com, chooses Akamai to optimize performance and scalability
Akamai Technologies, Inc. the leader in powering rich media, dynamic transactions and enterprise applications online, today announced that Info Edge (India) Limited has chosen Akamais Web Application Accelerator(SM) service to optimize the search application of its flagship brand and Indias No. 1 job site: Naukri.com. ANI

Vodafone-Essar mobile phone dispute deepens
Differences between Vodafone and Essar, its Indian partner has reportedly deepened after the former won an order blocking the sale of shares of a mobile phone unit controlled by the Essar Group. ANI

Almond growers in Kashmir ready to hit markets
With the almond harvesting in its final stage, growers in Kashmir are ready to hit the market. ANI

CSM software selected as Outstanding Business Partner of the Year
CSM Software a leading provider of advanced engineering software and services to global aerospace, automotive and heavy engineering industries, today announced that it has been selected as a recipient of Outstanding Partner of the Year award by MSC.Software Corporation. ANI

CSM Software Selected as "Outstanding Business Partner of the Year" by MSC. Software
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Real Time Data Protection -- From Accidental Deletions
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Tele Atlas Global Database Expands to Deliver Digital Map of India
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India's Fastest Growing Online Recruitment Site, Naukri.Com, Chooses Akamai to Optimize Performance and Scalability
Business Wire India

A. Little. World., a Branchless Banking Platform, Closes Series B Funding Of INR 287.4 Million
Business Wire India

Sify's Naresh Ajwani elected as Member of Number Resource Organization - Number Council (NRO-NC)
Business Wire India

TiVo Chooses Wipro's DVB-T middleware to Build HD DVRs
Business Wire India

Simplifying the Corporate Structure
Business Wire India

"Cisco Virtual Office" Extends the Enterprise, Increases Productivity and Secure Collaboration for Remote Workforces
Business Wire India

China Merchants Bank Chooses IAM to Meet Credit Card Crunch
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INNOVATION Data Processing Announces Australian Federal Government Agencies Choice of, its Secure Disk Erasure Data Protection Solution, FDRERASE ...
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Expand Networks Wins Parmalat and Improves Network Performance by 300%
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18th XBRL International Conference to Feature Keynotes Who are Experts in Corporate Governance, Regulatory and the Securities Market, October 15-16, 2008 in Washington, DC
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VWR International, LLC Hires Eddy Wu to Lead Asia-Pacific Region
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Lim Beng Eu Appointed Managing Director of Turner Investment Partners' New Asian Subsidiary
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Concorde Hotels & Resorts News Summary September 2008
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Dellis Cay Announces US$62 Million Construction and take out Finance from Trinidad & Tobago Unit Trust Corporation
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Gemalto Powers World's First SIM-Based Mobile TV Trial in Singapore with Media Corp, MobileOne, SingTel and StarHub
Business Wire India

Survey Reveals Gap between International Design Practices and Onshore Construction Realities in India
Business Wire India

CB&I Awarded Contracts for World-Scale Petrochemical Complex in India
Business Wire India

Union Bank of India and Wealth Advisors India launch
Wealth Management Services at Hyderabad Solus Media

JM Fixed Maturity Fund - Series XII - Quarterly plan 2 (JM FMF - XII - Q2)
New Fund Offer Closure Date: 10-Sep-2008 GetPaidIndia.com

Markets go range bound; Auto stocks slips a bit
Markets are range bound in the last hour of trade and made few failed efforts to come out. Nifty is at 4441 down 0.91%. BSE Sensex slips by 145 points and is at 14799 levels and down by 0.97%. BSE Auto Index is down 1.08%. M&M, Hero Honda and Tata Motors are in the red. Tuesday, September 09, 2008 11:46:41 AM IST GetPaidIndia.com

Mutual Fund Draft Offer Documents - September 8, 2008
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HDFC FMP 22M September 2008
New Fund Offer Closure Date: 22-Sep-2008 GetPaidIndia.com

Stock markets cooling after yesterdays rally
The Indian stock markets opened marginally in the red after a bullish yesterday trade. Nifty is at 4423 down 1.32%. Sensex is down 190 points or 1.28% and is at 14754 levels. Tuesday, September 09, 2008 10:32:46 AM IST GetPaidIndia.com