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Markets snap four-day winning streak
The markets ended their four-day winning streak as global indices closed lower. The Sensex closed at 17,343, weaker by 57 points, and the Nifty closed flat at 5,169. The broader indices, however, outperformed the benchmark indices. The consumer durables pack was the leading sectoral gainer for the second day in a row while FMCG and metals showed weakness. generic levitra

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Intel in talks with ITI for WiMAX joint venture
Huawei, Samsung, Alcatel-Lucent, Hitachi may also bid.

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Atlas Acquisition to buy Koosharem Corp for $840 mn
Dabur"s promoter family member Gaurav Burman-led Atlas Acquisition today said it will acquire US-based staffing and employment services company Koosharem Corporation for $840 million (around Rs 3,900 crore) and merge with itself.
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China denies reports of diverting Brahmaputra: Govt

The government today said that China has denied reports suggesting it was planning to divert the course of the Brahmaputra river. - UK safety equipment major to focus on India, China - Natural rubber hits a month's high - China warns of "grave" jobs situation - Pallavi Aiyar: Where Marx comes alive">Pallavi Aiyar: Where Marx comes alive - China the main catalyst for strong advances in copper - Rio Tinto exec would have broken Australian law too: China "Chinese foreign ministry has denied such reports," MoS for External Affairs Preneet Kaur said in a written reply to a Rajya Sabha query. She said the government was regularly monitoring the flows of the river. "India and China have established an expert-level mechanism to discuss interaction and cooperation on all issues regarding trans-border rivers," the minister said. Preneet Kaur said the government was giving "careful and special attention" to the development of infrastructure in the border areas opposite China to meet the security requirements and facilitate economic development there. In reply to another query, Preneet Kaur said that over two lakh Chinese nationals have visited India on business visas till June 2009 from 2004. The Minister added that an advisory has been issued to Indian missions and posts abroad to observe norms for grant of business visas to prevent their potential misuse.


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