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Recent Articles/News

Satyam Computer’s Ramalinga Raju admits fraud

January 7, 2009Satyam Computer chairman B Ramalinga Raju, today, stepped down as chairman and admitted of account manipulations and under-stating liabilities. In his resignation letter to the board, he mentioned following facts. 1. The Balance Sheet  carries as of September 30,...»

Sensex and Nifty continue to better their lows - down by more than 6.5%

October 10, 2008BSE Sensex and Nifty crashed further more than 6.5% today amid credit crisis woos. Sensex closed at 10527.85 down by 800 points (-7%) in a single day. Nifty closed at 3279.95 down by 233.7 (-6.65%). Lot of mid-cap stocks lost more than 80% from their all-time high...»

Mike Hussey’s ton get Australia to 430 on second day

October 10, 2008Mike Hussey helped Australia go past 400 with a century 146 made off 276 balls. Hussey was dropped on 1 by Dhoni on first day and it proved to be a very costly drop. Indian pacers Zaheer Khan and Ishant Sharma dismissed nine batsmen between them with a 5-wicket ha...»

Ricky Ponting’s century takes Australia to a good total in first test …

October 9, 2008The skipper Ricky Ponting's century helped Australia to post a decent total on the first day of first test match against India in Chinnaswamy Stadium at Bangalore. Ponting scored 123 off 243 balls and put on 166 run partnership with Simon Katich for the second wic...»

President Bush signs Indo-US nuclear deal bill

October 9, 2008US President George Bush signed the historic Indo-US nuclear deal bill this Wednesday. India and US will formally sign on the 123 bill this Friday. After signing Bush said that there won't be any disruption of fuel supply to Indian nuclear reactors. Indian Externa...»

TATA Nano Car Plant moves to Gujarat

October 8, 2008 Gujarat Government allotted 1100 acres of land for TATA's Nano Car Project and TATA decided to roll out Nano cars from Gujarat after pulling out of Singur, West Bengal. Trinamool Congress chief Mamata Banerjee fought relentlessly against TATA Nano car project to ...»

Soya Bean Pulav

October 7, 2008Ingredients: Boiled Basmati rice 2 cups Soyabean 150 gm Cinnamon 1 stick Clove 3-4 Cardamon 2 Red chillie 2-3 whole Turmeric 1/2 sp Ghee 2 sp Salt to the taste Procedure: Soak the soyabean overnight Boil the soyabean in the pressure cooker Heat the ghee add masala...»

Saurav Ganguly to retire after Australia test series

October 7, 2008 One of the Indian batting Trio Saurav Ganguly announced that he will retire from Test Cricket after the current Australian test series. BCCI and Selection Committee Chairman Kris Srikanth praised his move. Australian is currently in India for four match test seri...»

BSE Sensex and Nifty crash to two-year lows

October 6, 2008 Amidst concerns about US Credit Cricis and possible world economic recession, Asian markets tumbled down today. Indian stock markets BSE Sensex and Nifty crashed to their new 52-week lows. BSE Sensex closed at 11802 down by 725 points and Nifty closed at 3602 dow...»

Ginger Tea

October 6, 2008Ingredients: Milk (½ Ltr) Tea Powder (4 tea spoons) Ginger (small piece) Sugar (4 tea spoons) Procedure: Take a medium sized bowl and put the milk and tea powder and mix well. Keep it on a medium flame and wait till milk gets bubbled. Add mashed ginger to milk an...»

RBI reduces Cash Reserve Ratio (CRR) by 0.5% for the first time in fiv…

October 6, 2008 For the first time in last five years, RBI reduced Cash Reserve Ratio (CRR) by 50 basis points. RBI reduced CRR from 9% to 8.5% to increase the liquidity in the system. This will come in to effect from Oct 11 on wards. According to RBI, around 20,000 crores will ...»

Indian markets melt down further - Sensex down by 4% and Nifty down by…

October 3, 2008Indian stock markets continue to weaken on Friday. Sensex down by 529.35 points and closed at 12526.32 and hit its 18-month low. Nifty also down by 132.45 points and closed at 3818.30. Reliance Industries down by 7.5% and closed at 1761.45. It hit its 52-week low ...»

Reliance to analyse new refinery soon

October 3, 2008 Mukesh Ambani's Reliance Industries (RIL) is planning to start its new refinery at Jamnagar shortly after conducting trail runs. The fuel from this unit will be exported to U.S and European markets. This refinery is set up by Reliance Petrolium (RPL), a unit of R...»

American Markets continue losses

October 3, 2008Even after senates cleared revised $700 billion bailout package to save American corporates, American stock markets continued their losses. Yesterday Dow Jones closed with 348 points down and Nasdaq with 92 points down. Dow Jones closed at 10482 with a loss of 3.2...»

Rohit Sharma and Virat Kohli on rampage against Australia in a four da…

October 3, 2008Rohit Sharma and Virat Kohli both made centuries against Australia on the first day of four day practice match here at Uppal stadium, Hyderabad. This has come a the day after Indian selection committee announced the Indian team for first two tests. Rohit Sharma wa...»

Roger Federer beat Andy Murray to win US Open Men’s Singles Title

September 9, 2008The Swiss star Roger Federer won his fifth straight US Grad Slam. He beat Andy Murray of Britan 6-2, 7-5, 6-2. This is the first Grand Slam Federer won this year after losing French Open and Wimbledon Open to Rafael Nadal earlier this year. Now Federer is just one...»

Serena Williams wins US Open and becomes number 1 after 5 years

September 9, 2008Serena Williams beat Jelena Jankovic 6-4, 7-5 to win her third US Open Women's Singles Title and bagged $1.5 million. It has been six years since an American won this title. After the wins Williamns said that she is excited and becoming No 1 is an added bonus. She...»

Asif Ali Zardari, the new Pakistan’s President, to take oath on Tuesday

September 8, 2008Pakistan Peoples Party (PPP) Co-chairperson Asif Ali Zardari, the newly elected 13th Pakistan's President, will sworn in as President on Tuesday. He won the majority from parliament and provincial assemblies after defeating candidates of PML-N and PML-Q parties. C...»

Asif Ali Zardari elected Pakistan’s President

September 6, 2008The Pakistan People's Party (PPP) Co-chairman Asif Ali Zardari was elected the Pakistan's 13th president after defeating Saeeduzzaman Siddiqui of PML-N party and Mushahid Hussain Syed of PML-Q. The seat was vacated by Pervez Musharraf who resigned on 18th August t...»

Leander Paes and Lukas duo loses in US Open Men’s Doubles Final

September 6, 2008Leander Paes and Lukas Dloughy duo failed to win the US Open Men's Doubles title as American Bryan twins Bob Bryan and Mike Bryan beat them 7-6, 7-6. The seventh seed Leander missed a chance to win double Grand Slams as he already won Mixed Doubles title along wit...»

Pankaj Advani wins ONGC IBSF World Billiards Championship

September 5, 2008The 23-year old Pankaj Advani beat the veteran Geet Sethi comprehensively with six games to one at Bangalore today. The home crowd delighted as the Bangalorean Pankaj Advani beat Geet Sethi with 150-90, 151-0, 150-24, 150-0, 86-150, 150-72, 150-12. Pankaj said tha...»

Leander Paes and Cara Black pair wins US Open Mixed Doubles

September 5, 2008Leander Paes along with his Zimbabwean partner Carla Black won the US Open Mixed Doubles title yesterday night. This is eighth Grand Slam title of his career and this is his second US Open title and fourth mixed doubles title. The Paes and Cara Black pair beat Jam...»

The opposition’s fears are true - Nuclear deal becomes void if India c…

September 4, 2008All the fears that were raised by opposition political parties have come true. In a secret letter from Bush it is mentioned that the nuclear deal will be off in case if India conducts a nuclear test. It also mentions that the deal conforms to Hyde Act. This letter...»

Sri Lanka gets a consolation win in Fifth ODI against India

August 30, 2008Sri Lanka won the fifth ODI against India by 112 in a rain-disrupted match under D/L method. Sri Lankan batsmen Udawatte, Mubarak and Thushara helped Sri Lanka post a decent total of 227/6. In this series, Sri Lanka found a decent all-rounder in Thushara who score...»

India wins fourth ODI and wins series and IDEA cup

August 29, 2008India won its first ODI series in Sri Lanka by winning fourth ODI by 46 runs. Before this match, India was leading the series by 2-1 in 5 ODI series. India now leads the series 3-1. The Under-19 skipper and the opener Virat Kohli scored his maiden fifty. He made 5...»