Vol XXXVIII (No. 9), 07 Sep 2010
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Staff of Jet & Kingfisher get notices to reduce financial strain

MIL/Agencies/ET, Oct 15, 2008


Mumbai, October 15, 2008 -IR Summary/ET - It's a bad news for the staff of Jet and Kingfisher, Jet Airways have announced here today that they have given notices of separation to 1900 staff of the 13000, they have announced that 850 of the cabin crew would be given the pink slip.



Australia vs India 4th day game - exciting start

MIL/TNN/Google, Oct 12, 2008


October 12, 2008 - Brett Lee swung the first ball of the fourth day into Zaheer Khan and hit him on the pads. Lee turned around, spread his arms, splayed his legs and roared an appeal. Meanwhile, the ball had bounced towards third man and Anil Kumble had set off from the non-striker's end for a leg bye. Zaheer, however, was only interested in whether Asad Rauf's finger would stay down and Kumble had to hurry back from half-way down the pitch.



Kerala Nun elevated to India's first woman saint

MIL/TNN, Oct 12, 2008


Thiruvananthapuram, Kerala ,India: October 12, 2008 -IR Summary/TNN - A great news for India's pride, Kerala Sister Alphonsa Bharanangnam near Kottayam in Kerala has become the first woman from India and second from Indian Roman Catholic church to get canonized.



Global stocks miserably dived on Friday

MIL/NYT, Oct 10, 2008


London/Paris, :October 10, 2008 - IR Summary/NYT - Global stocks have dived on Friday after the rout on Thursday on the Wall Street, the Dow Jones industrial average plummeted 7.3 percent, or 678 points, closing below the 9,000-mark for the first time since 2003. European markets fell by more than 10 percent at the opening itself,it came off its low later.



Rupee goes low to 49.30 per US Dollar

MIL/IndiaInfoline, Oct 10, 2008


October 10,2008 , IR Summary/IndiaInfoline - The Indian currency touched all time high at 1153 hrs., it rebounded to 49.30 per US Dollar, however it came back to 49.30. . The previous all-time low was 49.07 that hit in May 2002.Later on the Indian currency was quoted at 48.80 per dollar after touching an all-time low of 49.30.



Zimbabwe sinking, record inflation of 231 mn.percent

MIL/Reuters, Oct 9, 2008


Harare: Octobeer 9, 2008 - IR Summary/Reuters - Zimbabwe has a record inflation hitting 231 million percent in July and this has put strong pressure on the ruling party to break a deadlock in negotiations and form a cabinet to restore financial stability in the country, a little delay can prove deadly for the country.



NASA has no other option but to use Russian Soyuz system

MIL/Universetoday, Oct 9, 2008


October 9, 2008 - This may come as a surprise, but then again, it might not. Despite the recently signed US Congressional waiver of the Iran-North Korea-Syria Nonproliferation Act, allowing NASA to use the Russian Progress vehicle to send US supplies to the International Space Station (ISS) after Shuttle decommissioning in 2010, NASA has said that they will seek out US-based commercial launch options instead.



Carboplatin better cure than Radiotherapy for testicular cancer

MIL/Agencies, Oct 9, 2008


London,:October 9,2008 - IR Summary/Agencies - The drug recently reported to be a sure cure by Researchers at Southampton University for testicular cancer has created stir amaong youth. The affected youth have taken it a good news for them that just a single dose of chemotherapy drug may help the testicular cancer, a common form of testicular cancer.



Citigroup selling Indian B.O. Operation to Tatar Consultancy Services for $505 mn

MIL/Agencies, Oct 8, 2008


Hong Kong/Mumbair: October 8, 2008 - IR Summary/Agencies - Citigroup, one of the US financial giants, plans to sell its Indian back office operation to Tata Consultancy Services, since they are familiar with the matter and the deal is likely to be of $505 mn.



Britain Earmarks $87 Billion to Bail Out struggling Banks

MIL/NYT, Oct 8, 2008


London: October 8, 2008 - IR Summary/NYT -To accord safeguard to ease the financial crisis, European leaders continued to clash over measures to tackle the deteriorating situation, Britain announced a three-part multibillion-dollar bailout for its struggling banks, Spain too has moved to a separate rescue.





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