Webmeme River:
Wed, 25 May 2011
U.S. worried Pakistan was misusing war funds 
- The Hindu
Of concern were claims relating to helicopter operations, radar maintenance and Joint Staff operations.
Einhorn calls for Microsoft CEO to step down - Economic Times
David Einhorn has called for Microsoft CEO Steve Ballmer to step down, saying the software company's long-time chief was stuck in the past.
It's destination Bombay for IIT toppers - Times of India
For students who made it to the top in the IIT-Joint Entrance Exam, computer science seems to be in vogue - and IIT Bombay their first choice.
50 dead in 25 days: A bloody May in Chattisgarh Red zone - Times of India
More than 50 lives have been lost in or around Chhattisgarh within 25 days, 33 of whom were security personnel, and the rest primarily civilians.
Wipro Infra Engg ties up with EADS arm - Economic Times
Wipro Infrastructure Engineering has tied up with aerospace giant EADS' subsidiary to manufacture engineered components for the aerospace and defence sector.
A symbol of hope to those suffering from a debilitating disorder - The Hindu
Those who attended the event held to mark ‘World Multiple Sclerosis Day' here on Wednesday were a symbol of hope and courage to persons who suffer from the condition. Secretary of the...
Colleges wary of students who switch streams - The Hindu
Many treat arts and science courses as back-up and move to professional courses later
Call for scrutiny into “transfer postings” - The Hindu
Members of the Indian Medical Association and Tamil Nadu Medical Council, who met Health Minister V.S. Vijay recently, have called for scrutiny into “transfer postings” made between Apr...
Pedestal awaits statue that's gathering dust - The Hindu
A pedestal on Anna Salai-Binny Road junction constructed 14 years ago still awaits a statue. The statue, made by a well-known sculptor, is ready but lying at his studio here for nearly a decade.
Neel Metal Fanalca may go - The Hindu
Corporation plans to float tenders with stringent conditions, says official
11.5 tonnes of mangoes seized - The Hindu
The Health Department of the Chennai Corporation on Wednesday conducted raids in various parts of the city and seized 11.5 tonnes of mangoes ripened using calcium carbide. Around 500 kg of papayas...
They help out with speech and hearing - The Hindu
It is not that difficult to get an appointment with S. Manoharan, audiologist and speech pathologist at Madras Audiology and Speech Therapy over the phone, but he makes sure not much time is wasted...
DMK condoles death of Mariyam Pichai - The Hindu
Government urged to bring to book those responsible for the incident
Technical aids sought to identify IMBL - The Hindu
The Madras High Court on Wednesday ordered notice to Central and State governments on a public interest writ petition seeking a direction to authorities to install technical aids to enable fisherm...
16 gold bars seized - The Hindu
Air Intelligence Unit of Customs at the airport on Wednesday seized 16 gold bars, weighing 100 grams each, from two passengers who arrived from Sri Lanka. The passengers have been arrested....
Microsoft latest security risk: 'Cookiejacking' - Economic Times
A computer security researcher has found a flaw in Microsoft Corp's widely used IE browser that he said could let hackers steal credentials to access FaceBook, Twitter and other websites.
IIT-JEE winners live the dream - The Hindu
18 students of FIITJEE Chennai came within the top 500 ranks, 14 others figure in the top 1,000 rank list
DeLaRue to cut jobs post RBI deal loss - Economic Times
The expected loss of major contract with RBI has forced DeLaRue to cut jobs, merge divisions and shake up supply chain in a bid to return to financial health.
Basix Microfinance reworks business plan, to share network for Funds - Economic Times
Lack of regulatory clarity and unfavourable business climate in Andhra Pradesh have forced Basix Microfinance to redesign its business model.
Stalin elected leader of DMK legislature party - The Hindu
Former Deputy Chief Minister and Dravida Munnetra Kazhagam (DMK) treasurer M.K. Stalin was on Wednesday elected leader of the DMK legislature party. Mr. Stalin represents the Kolathur constituency...
GE Capital bets on Credit cards to drive growth in India - Economic Times
GE Capital is betting on credit card business to drive growth in India where rising consumerism is leading to record cars, television and motorcycle sales.
SSLC results tomorrow - The Hindu
SSLC, Matriculation, Anglo-Indian and OSLC 10th exam results will be announced on May 27, according to an order issued by Chief Minister Jayalalithaa. An official release stated here...
South Korea outlasts Denmark - The Hindu
South Korea overpowered Denmark 3-2 in a thrilling encounter on Wednesday to emerge as the biggest threat to reigning champion China at the Sudirman Cup. In another major tie, a deplet...
Top 5 picks of the day - Economic Times
Top 5 picks of the day - Economic Times
Cairn should share ONGC royalty: SG - Economic Times
Solicitor General has reaffairmed that the govt can impose preconditions like equitable sharing of royalty in the all-important Rajasthan block for clearing the Cairn-Vedanta deal.
The distinctly unlucky ones - The Hindu
Not all talented players get a chance to play for the country, writes Makarand Waingankar
Licence cancellation: Trai, DoT differences deepen - Economic Times
Amid differences over number of new licences liable to be cancelled, Trai has asked the DoT to give licence-wise reasons for considering only 15 cases out of 69.
As farmers protest, Maya scales down Maitreya Buddha project - Indian Express
The district administration has also been asked to start the de-notification process.
Operation Excellence to ensure pistol coach - The Hindu
The likes of Vijay Kumar, Annu Raj Singh and Rahi Sarnobat, have put Indian pistol shooting on a different pedestal, with their excellent scores that ensured three World Cup medals and three...
Rao, Gowda bow out - The Hindu
Unheralded Tejasvi Rao fought for all his worth. But on this day, his best was just not enough against a fighting fit Vitali Reshetnikov, the fifth seed from Russia, who eventually made it t...
Take joint home loan for extra tax benefits - Economic Times
A joint housing loan helps individuals to raise more finances, offer more flexibility in repayment, besides extra tax benefits.
PCB confirms Afridi pull out - The Hindu
Pakistan Cricket Board (PCB) on Wednesday confirmed that flamboyant all-rounder Shahid Afridi has pulled out of the two-match ODI series against Ireland due to his father's illness. ...
Jenner passes away - The Hindu
Former Australian Test cricketer Terry Jenner, who helped turn Shane Warne into one of the the World's greatest bowlers, died on Wednesday aged 66. Leg-spinner Jenner suffered a massiv...
England can't take Sri Lanka lightly - The Hindu
Stuart Law has warned England against taking Sri Lanka lightly even though he concedes it faces “the toughest deal on the planet” playing the Ashes-winner in a Test series starti...
Rankings to boost young talent - The Hindu
In a bid to give competition at the junior level a boost, the World Squash Federation has decided to launch a WSF-World Junior Circuit which would also help in bringing out regular World Jun...
A line-up of teams with contrasting records - The Hindu
The semifinal battle array in the 65th senior National football championship (for the Santosh Trophy) looks at a mishmash of contenders aiming to get to the decisive round of the country's premier...
India needs a fast bowling icon: Pont - The Hindu
Among his victims on debut for Essex were Viv Richards and Ian Botham, stalwarts of Somerset county cricket.Ian Pont blushes when requested to take a peep into the past when he made waves a...
Query Corner: Banking & Finance - Economic Times
Our expert (VN Kulkarni, Chief counsellor, Abhay Credit Counselling Centre, Bank of India-backed initiative) guides you in matters relating to banking & finance. Email to [email protected]
BFAME championship inaugurated - The Hindu
The 16th Bridge Federation of Asia and Middle East (BFAME) championship was inaugurated here at the Chola Sheraton hotel on Wednesday.Chief guest Krishnamachari Srikkanth, who had the compe...
Car locking incident: Indian Bank executive reinstated - Indian Express
The Mumbai Zonal Manager of the bank has been reinstated but is being transferred to the Chennai branch.
Apple fights fake anti-virus software vendors - Economic Times
Apple Inc is fighting what security experts say may be the most pernicious types of computer virus to ever target its line of Mac computers.
Rebound in underperformers ends Wall St losing streak - Economic Times
US stocks ended a three-day losing streak as recent underperformers led a thinly traded rally that wasn't seen as strong enough to overcome demand worries.
Google to launch mobile payment system - Economic Times
Google is expected to introduce today a mobile payment system that will let shoppers wave their phones to pay instead of pulling out a credit card.
India will grow faster than China in next 20 years: StanChart - Economic Times
India is likely to emerge as the world's third-largest economy by 2030 and grow faster than China over next two decades, says Standard Chartered.
Cairn India profit jumps - The Hindu
Cairn India has reported a total revenue of Rs. 10,277.93 crore (on a consolidated basis) for the year ended March 31, 2011 against Rs. 1,623.03 crore in the previous year. The profit after tax has...
Coal India net crosses Rs.10,000-crore mark - The Hindu
Coal India Ltd (CIL), which finalised its accounts on Wednesday, breached the Rs.10,000-crore mark in profit reporting a net profit of Rs.10,867.35 crore for 2010-11 against Rs.9,622 crore in the...
Dr Reddy's polypill halves heart risk in trial - Economic Times
An international trial of Dr Reddy's four-in-one combination pill designed to ward off heart problems has found it can halve the risk of heart disease and stroke.
DLF to raise up to Rs.7,000 cr from sale of non-core assets - The Hindu
DLF, the realty firm, plans to raise up to Rs.7,000 crore in the next two-three years from the sale of non-core assets to cut its net debt, which currently stands at a huge Rs.21,424 crore....
New cancer warning on red and processed meat - The Hindu
Cancer experts have issued a fresh warning about eating red and processed meat after “the most authoritative report” on the subject blamed them for causing the disease. The World...
Bharti Airtel signs pact with Comviva - The Hindu
Bharti Airtel on Wednesday said it had entered into a five-year deal with mobile software-maker Comviva for providing value-added services across Airtel's operations in 16 African countries.
Mediterranean ocean invaded by more than 900 alien species - The Hindu
A four-year study conducted at the University of Gothenburg shows that more than 900 new alien species have been encountered in the coastal environments of the eastern Mediterranean Sea in r...
Lufthansa Cargo to use GMR Hyderabad airport as pharmaceuticals hub - The Hindu
Lufthansa Cargo on Wednesday certified GMR Hyderabad International Airport Ltd. (GHIAL) to be one of its key cargo hubs in South Asia for transport of temperature-sensitive pharmaceuticals, making...
IVF embryos: new genetic testing technology - The Hindu
The technique allows making of carbon copies of DNA from an embryo obtained by in vitro fertilization, enough to do multiple tests
Tata Steel group posts $2 billion net profit - The Hindu
Aided by record deliveries and profits from its Indian operations, Tata Steel on Wednesday reported a group consolidated net profit of Rs.8,983 crore ($2.015 billion) against a loss of Rs.2,009 cr...
India talks tough ahead of WTO ministerial meet - The Hindu
Adopting a tough stand a day ahead of the WTO informal ministerial meeting in Paris, India issued a veiled warning against the attempts by the developed nations to re-open issues on which substant...
Tighter reporting norms for derivatives mooted - The Hindu
In order to improving transparency and avoid build-up of a financial crisis, a Reserve Bank of India (RBI) panel, under the chairmanship of P. Krishnamurthy, the then Chief General Manager,...
After LinkedIn success, Zynga may file for an IPO by June - Economic Times
Zynga may file for an IPO by June-end to capitalise on investors' demand for shares of social-media startups, according to reports.
Huge potential for turmeric in North East - The Hindu
The North Eastern region offers great potential for large scale cultivation of many spices. In terms of area, turmeric is the third largest crop in the region. However, its productivity in...
MOIL prospects dim on falling ore prices - Economic Times
Given the weak near-term outlook in the steel as well as manganese industries, MOIL?s shares are not expected to witness any great activity in the immediate future.
Come and farm our virgin lands, Ethiopia tells India - The Hindu
We want to see more Indian companies in every field: Zenawi
Cairn India going good but stock hit by poor valuation - Economic Times
Cairn India?s production for the March 2011 quarter dipped 7.5% on a sequential basis. Still the company was able to improve profits by 22%, thanks to higher crude oil prices.
Importing grains cannot solve food shortage problems - The Hindu
The farmer developed nearly 15 wheat and 10 mustard varieties
US government to promote citizenship - Economic Times
The US govt will run a national ad campaign to encourage more immigrants to become American citizens and become more integrated into society.
Amma is 'god' for Tamil Nadu minister who leaves behind his footwear - Times of India
New IT minister R B Udayakumar never wears footwear - walking where Jayalalithaa has tread with shoes would make him feel like a heel.
China not indicating if supporting Lagarde - India - Reuters
NEW DELHI (Reuters) - China has not indicated it would support French Finance Minister Christine Lagarde for the International Monetary Fund's top job, India's IMF representative said on late Wednesday.
China pushes India to the brink on Myanmar project - Times of India
India's ambassador suggested that exiting an initiative to deepen New Delhi's influence may be the best option to save India's image.
Russia's new activism on Libya - The Hindu
Ahead of the G8 summit in France on May 26-27, Russia has stepped up diplomatic activity in the Arab world in an effort to recapture the initiative it lost to the West in the recent turmoil in the...
Air ambulance crashes into Faridabad colony, 10 killed - Indian Express
At least 10 people were killed when a chartered air ambulance flying from Patna to Delhi
NAC for 100% land acquisition by govt - Indian Express
Land: Wants compensation to be six times registered prices
From No. 1 to 10, small towns score big in IIT entrance - Indian Express
From that to the top of the IIT-JEE list, which was declared on Wednesday, it has been a long journey. I did not expect the first rank.
Indian diplomats daughter sues NY for $1.5 m for wrong arrest - Indian Express
Her lawyer Rajiv Batra has said that Krittika, 18, had diplomatic immunity; US officials have argued that immunity for consulate officials is different from those at an embassy.
Small plane crashes near New Delhi, at least 10 dead -TV - Reuters
NEW DELHI (Reuters) - A small plane crashed into a residential area outside New Delhi late on Wednesday, killing at least 10 people, local television said.
Juta son of Moja, ABVP son of BJP to revive Rahuls Youth Congress - Indian Express
Fake members include Known Unknown and Rahul, s/o Rajivganedi
FIIs shun big IT stocks; raise stake in mid-cap cos - Economic Times
FIIs raised stake in Polaris, Subex, Persistent Systems, e-Clerx, Redington & NIIT in 2010-11 while trimming holdings in Infy, TCS & Wipro.
Kung Fu Panda 2 ups the ante and gets it right - DNA India
Kung Fu Panda 2 stands out as being a funny, fast-paced and, at the same time, touching digitally animated film that is miles ahead of its underwhelming predecessor. Catch it.
Yahoo says makes headway in Alibaba talks - Economic Times
Yahoo said it had made significant progress in negotiations over compensation for a Chinese online payment company spun off from the Alibaba Group.
10 killed in small plane crash in Faridabad - The Hindu
Ten persons including all seven onboard a small civil chartered aircraft were killed when the medical ambulance flight to Delhi from Patna crashed into a densely-populated residential area in bad w...
Child's play for Djokovic and Federer - Reuters
PARIS (Reuters) - It was child's play again for Novak Djokovic on kid's day at the French Open on Wednesday as the dominant Serb booked a third round slot when Romanian Victor Hanescu retired hurt while trailing 6-4 6-1 2-3.
High interest rates hit cos' debt fund-raising plans - Economic Times
Indian cos have raised around $12,503 mn from 75 debt deals so far in 2011 compared with $19,300 mn from 193 deals in same period last year, according to Dealogic.
IIMs, IITs paying little attention to research: Sibal - The Hindu
Brighter students completed their courses from these institutes and went abroad to do research
16-year-old from Hyderabad youngest IIT-JEE topper - Times of India
Of the seven zones (sliced on the basis of the old IITs), the western region saw the highest number of students qualify ��� 3,336.
Question mark over Gautam Gambhir's tour to West Indies - Times of India
Gambhir, who injured his right shoulder while fielding against Mumbai on Sunday, is uncertain to lead the Indian team in Windies ODI series.
Ram challenges CLB stay on changes at The Hindu before HC - Business Standard
The recent Company Law Board order restraining the board of directors of The Hindu group of publications from enforcing certain major personnel changes was challenged today before the high court here.
Headley testifies about Pakistan contacts at US trial - Reuters
CHICAGO (Reuters) - David Headley, who scouted targets for the 2008 Pakistani militant raid on Mumbai, testified on Wednesday about conversations he had with a Chicago businessman accused of helping the attackers and a retired Pakistani military officer.
In Gujarat, luxury car owners dodge tax sleuths - Business Standard
Register cars in other states including Maharashtra and Haryana; government losing Rs 5-6 crore every month.
Belgium to ban the burqa soon - DNA India
Belgium will soon become the second country in Europe to ban the burqa in public places, after the parliament approved legislation forbidding full veils, the bill's author said today.
Coal India profit up 13% on e-auction, higher sales - Business Standard
Coal India Ltd (CIL) has posted a 12.9 per cent rise in consolidated net profit for 2010-11 to Rs 10,867.5 crore compared to Rs 9,622.5 crore in the last year.
David Headley wanted terror assignment in Kashmir: Document - DNA India
The document unsealed at the request of the Chicago Tribune showed that he was not given his favourite assignment, as the Lashkar leaders wanted to use him for something else.
Small plane crashes near Delhi, 12 dead - Times of India
A small aircraft with 7 on board crashed into a colony in Faridabad on Wednesday, killing all on board. 5 more persons were killed on the ground. 
Small plane crashes near Delhi, 10 dead - Times of India
A small aircraft with 7 on board crashed into a colony in Faridabad on Wednesday, killing all on board. 3 more persons were killed on the ground.
Govt to invite Rs 10,000-cr bids for Delhi-Mumbai freight corridor - Business Standard
Work on the much-delayed dedicated railway freight corridor is expected to begin with contracts worth Rs 10,000 crore to be awarded before the end of the current financial year.
Cairn India profit jumps 10-fold - Business Standard
High crude oil production have helped Cairn India beat analyst estimates and post a tenfold increase in its fourth quarter profit.
Net gives more to India's GDP than China's - Business Standard
The internet is a critical element of growth.
Nifty volatility likely to rise in short term - Economic Times
The market is expected to witness stability before taking any further direction. We see 5200-5350 more as a accumulation level. So it would be advisable to accumulate quality large cap stocks in this zone.
Proposed National Steel Policy to get more teeth - Business Standard
The proposed National Steel Policy (NSP) that would replace the 2005 norms is expected to be more robust and focus on regulatory hurdles, taxation issues and infrastructure bottlenecks.
