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ABG exits Great Offshore race
In a surprise move, ABG Shipyard today exited the race to acquire Great Offshore and sold its 8.2 per cent stake to three financial investors. The ABG moves comes after seven months of intense rivalry with Bharati Shipyard through a series of competitive counter-bids. generic levitra

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PNB offers subsidized home loans on New Year eve
The country’s second largest public lender, Punjab National Bank (PNB) has offered to grant home loans at floating interest rates up to 2.5 percent below the prevailing Public Lending Rate (PLR) till the end of 2009 under its flagship scheme.

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GAIL buys LNG cargo for $6.65 per mmBtu
State-run gas utility GAIL India has bought an LNG cargo for $6.65 per mmBtu, about $2 million more than the rate at which Petronet LNG imported a shipload just two days later.
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Iranian elections top Twitter topic for 2009

Iran"s controversial presidential election was the top Twitter topic in 2009, the wildly popular microblogging service said today. - After Nifty, NSE tweets on Junior Nifty, currency derivatives - Guest Column: Real-time search "going mainstream" - How other countries fare - Fundamentals for a new age - Majority of Indians use Twitter for news">Majority of Indians use Twitter for news - B-schools talk the talk on social network sites "Among all the keywords, hashtags, and phrases that proliferated throughout the year, one topic surfaced repeatedly," Twitter said in a blog post. "Twitter users found the Iranian elections the most engaging topic of the year." The San Francisco-based sensation that lets people broadcast news in short text messages using computers or mobile telephones was a primary communications tool by protestors in Iran angered by the results of their presidential election. Late king of pop Michael Jackson was the most tweeted about person, while "Harry Potter" was the film that caused the most Twitter buzz, according to the Internet firm. Google Wave, billed as the next step in the evolution of email, was the most tweeted about technology, according to Twitter. With the Wave, email or instant messages blossom into shared online arenas where anyone in the exchange can edit documents, add digital content, or comment at any time.


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