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Hitachi to sell batteries to GM

Published in July 2nd, 2009
Posted by webmaster in US Markets, World Economy
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Hitachi has announced that it will be providing lithium-ion batteries that power hybrid cars to General Motors from next year. The electronics company also said it planned to increase its production of the batteries from 40,000 cells a month to three million

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US job losses worse than expected

Published in July 2nd, 2009
Posted by webmaster in Market News, US Markets
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The number of jobs lost in the US last month came in at 467,000, which was much more than had been expected. The jobless rate rose to 9.5% in June, from 9.4% in May, as the US economy continued to struggle. Since the start of the recession in December 2007, the number of

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EADS wins$2.27 Billion contract From Saudi Arabia

Published in July 2nd, 2009
Posted by webmaster in US Markets, World Economy
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Defence and aerospace group EADS has won a contract worth an estimated $2.27bn to help Saudi Arabia improve its border security. The five-year deal will expand on the pan-European firm’s existing

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Sun Pharmaceuticals Gets FDA approval for generic Optivar

Published in July 2nd, 2009
Posted by webmaster in Market News, US Markets
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Sun Pharmaceutical Industries Ltd announced today that it has got US FDA tentative approval for generic Optivar

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Shree Renuka Sugars QIP Shares Allotment

Published in July 2nd, 2009
Posted by webmaster in Market News
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Shree Renuka Sugars QIP Shares Allotment Shree Renuka Sugars Ltd has announced that the QIP Allotment Committee at its meeting held on July 02, 2009, has allotted 36,936,840 equity shares of Re 1 each at the issue price of Rs 137/share, and raised

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EdServ bags order from Mother Teresa University to implement EdCademy

Published in July 2nd, 2009
Posted by webmaster in Market News
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EdServ bags order from Mother Teresa University to implement EdCademy Edserv Softsystems Ltd has announced that the COmpany has bagged the Letter of Intent (LoI) from Mother Teresa University to implement EdCademy and the details of this recent development are given in the

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