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Markets extend gains
The markets have recovered from the low and touched a high of 16,495 - up 178 points from the day"s low of 16,317. The Sensex is now up 190 points (1.16%) at 16,479. generic levitra

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Plan panel recommends more market borrowing room for states
With the economy witnessing a slowdown, the Planning Commission has recommended to the Finance Ministry that states be given more freedom to borrow from the market, even if the fiscal deficit touches 4 per cent of state GDP.

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No more 'Word' for Microsoft
An American federal court has upheld a patent violation ruling against Microsoft Corp related to Microsoft Word by restraining the software giant from selling the product in the US.
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Hinduja Group firm signs MoU with Dassault Systemes

Hinduja Group firm Defiance Tech today signed a Memorandum of Understanding (MoU) with Dassault Systemes to market the Euronext-listed company"s solutions across Indian automotive, industrial and aerospace and defence sectors. - Ashok Leyland sales up 57% in Oct - Gulf Oil"s rights issue likely in Dec - Ashok Leyland"s Pantnagar plant to go onstream soon - Ashok Leyland"s Pantnagar plant to go on floor in few months - Gulf Oil enters into agreement with Biocon to sell pharma biz - Ashok Leyland may hike commercial vehicle prices by April "We are a software provider and Defiance Tech has the necessary expertise being a member of a large conglomerate to cater to the manufacturing sector," Dassault Systemes" President and Chief Executive Officer Bernard Charles said signing the agreement here. Dassault Systemes provides product life cycle management (PLM) software and solutions and provide a 3D vision of the entire life cycle of products from conception to maintenance and recycling. "The manufacturing industry is really changing the way they were and it is only going to accelerate. It is on a constant look out for a one-stop solution shop that can help build a truly collaborative environment that is flexible and precise," Charles said. Dassault Systemes has more than 1,000 clients and 1,300 employees in India. The company also plans to enter into tie-ups with service providers and with firms that can expand its reach, Dassault Systemes India"s President and Managing Director Andy Kalambi said.


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