NEWS

********************TOP NEWS********************

Post-Satyam, 150 firms come under scannerIn a bid to curb anymore Satyam like saga in future, around 150 private sector companies have been put under the scanner by the Registrar of Companies (RoC). "Our idea is to clean the system," said Minister for Corporate Affairs Prem Chand Gupta.
IT biggies' growth to be lower than industry'sAs the poignant IT scenario fails to show a shine of progress, the big IT firms are set to witness less growth than the industry for the first time in past five years.
U.S. jobless claims surge to highest in 26 years
Raju owned 1,100 acres in four villages

********************TECHNOLOGY NEWS******************

MTNL rolls out 3G services in DelhiState-run telecom major Mahanagar Telephone Nigam Ltd (MTNL) Thursday launched its third generation (3G) mobile services, Jadoo, in limited areas of Delhi on an initial investment of about Rs.4 billion (Rs.400 crore).
IBM offers job to its laid-off employeesThe software giant IBM is taking back its recently laid off employees for the company's operations in the growing markets like India and Russia.
Rs.6 Billion bank funds for Satyam working capital
BlackBerry bosses fined $77 million for option backdating

*******************BUSINESS NEWS*****************

Satyam ties up Rs 600 Crore loan, surges on boursesFollowing the announcement of new CEO at Satyam Computer Services, and the company's revelation that it has tied up Rs 600 crore loan to meet the capital requirement, shares of the company on BSE surged nearly seven percent.
'IPL auction shows Indian economy is growing'The eye-popping sums fetched by England all rounders Kevin Pietersen and Andrew Flintoff at the Indian Premier League (IPL) auction Friday show India's economy is bucking the global downturn, British media said.
Anil Ambani group forays into movie marketing
Punjab National Bank's services now 'anywhere, anytime'
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************************VENTURE NEWS***********************

South49 solutions raises $1.2 Million in series A financingSouth49 Solutions, a provider of solutions for managing distributed workforces, has completed a $1.2 Million series A financing round, led by Originate Ventures of Bethlehem, Pennsylvania.
Squid Solutions raises 3 Million euros in series A fundingSquid Solutions, the Customer Intelligence software company that introduced a new process to create customer insight from large data warehouses, has closed the series-A round financing of 3 million euros.

****************OTHER NEWS**************

PM working more than what we recommend, says his personal physicianPrime Minister Manmohan Singh, who is recuperating after a coronary bypass surgery, has now started working from his home - in fact, working more than what the doctors would recommend, the PM's personal physician said.
Indian mission outsources consular services in SingaporeIn a move that will ease processing of travel and visa documents for inbound tourists from Singapore and boost tourism and trade ties between both the countries, the Indian High Commission in Singapore has hired Quoprro Global.
IT bill to get more teeth
Birla Tyres to shut down Orissa unit third time