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Infotech Enterprises to acquire two US firms
Infotech Enterprises, a city-based IT services company, is set to acquire at least two US firms, company"s Chairman and Managing Director B V Mohan Reddy said here today.

M&M open to alliance in two-wheeler space
Market leader in utility vehicles in India, Mahindra & Mahindra (M&M), today said the company was open to alliance in the two-wheeler space, but nothing is on the anvil.

News of the day

Koda effect: Govt seeks audit of UBI branches
Taking a serious note of Union Bank of India (UBI) not reporting high-value transactions to it, the government has asked the state-owned bank to immediately carry out an audit of all its branches to check for such large deposits that have gone unreported.
Small Business

Basu back on full ventilation

The condition of Marxist patriarch Jyoti Basu, who is battling pneumonia, remained critical today with doctors putting him back on full ventilation. - PM, Pranab Mukherjee visit Basu in hospital - Deve Gowda to lead stir against NICE project - Basu remains critical, PM, Pranab visit hospital - Basu responding to treatment: Yechury - Cabinet meet cancelled - PM to meet ailing Basu The ventilatory support of 95-year-old Basu had been reduced partially last evening. The report of a bacterial test done on him would be available today, Susruth Banerjee, who is a member of the medical board at the private AMRI hospital, where Basu was admitted on Friday, told reporters. "The report will show the effectiveness of the current drugs being administered to him," Banerjee said. Basu"s conditional had deteriorated two days ago following which he was put on a ventilator. Prime Minister Manmohan Singh had visited him in hospital yesterday.


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