The share price of&nbsp; Financial Technologies (FT), which holds 26% stake in newly listed Multi Commodity Exchange (MCX), fell 4.36% on BSE as on 12:40 pm.

FT falls 4.4% as MCX rises on debut

Business Standard

Capital market regulator Securities and Exchange Board of India (Sebi) might consider revising the takeover code&nbsp; to boost merger and acquisition (M&amp;A) activity.

May consider tweaking takeover code: U K Sinha

India Infoline Ltd (IIFL) is shutting its stock broking operations in Singapore and eliminating 11 positions, as it is not able to achieve break-even there due to high costs.

IIFL to shut broking operations in Singapore

Ahmedabad-based VBSOFT has partnered with Toronto firm WinMagic to meet the rapidly-increasing demand for its award-winning full-disk encryption (FDE) technology in India.

VBSOFT partners with Toronto firm for disk encryption

The US-based chipmaker Qualcomm has paid an amount of Rs 410 to the department of telecommunications (DoT) as dues of its Indian partner Tulip Telecom, which would enable it to get the licence for offering broadband wireless services in a week.

Qualcomm pays Rs 410 cr to DoT, to get BWA licence in a week

Microsoft International has shown interest in investing in the fields of education, e-governance and others in the state of Tamil Nadu.

MS keen on participating in e-gov projects

Unitech Group on Friday said it will consider appropriate legal actions against Telenor Group's move to approach foreign investment promotion board (FIPB) for setting up a new company in India for its telecom business, as it is the violation of a non-compete clause in the shareholders&rsquo; agreement entered between the two companies.

Unitech to take legal action against Telenor

A decision to cut the Cash Reserve Ratio (CRR) by 75 basis points will reduce pressure on liquidity ahead of payment of advances tax by March 15. The short term rates may soften by about 25 basis points next week.

RBI cuts CRR by 75 bps to 4.75%

Foreign institutional investors (FIIs) were net buyers of Rs 1,284.65 crore (provisional) today, according to data released by BSE.

FIIs net buyers of Rs 1,285 cr in cash mkt today

Nearly six million domain names were added to the Internet in the fourth quarter of 2011, bringing the total number of registered domain names to more than 225 million worldwide across all domains, according to the latest Domain Name Industry Brief, published by VeriSign.

Internet adds 6mn domain names in Oct-Dec 2011: VeriSign

India's largest tractor manufacturer, Mahindra &amp; Mahindra today said that it would suspend production of tractors for up to two days per week for the remaining period of March at some of its manufacturing plants.

M&M to halt tractor production 2 days a week

With the fate of the much touted Goods &amp; Service Tax (GST) still hanging in the balance, the state government has demanded that CST rate may be reverted to the original four per cent instead of the current rate of two per cent so that states do not lose out on revenue substantially.

Orissa demands reversal of CST rate at 4%

K Venkataramanan is the whole-time director and president (hydrocarbon), Larsen &amp; Toubro, one of the most admired companies in India. This business caters to engineering, procurement, construction and project management in the sectors of oil and gas offshore installations, refineries and petrochemicals, chemical plant and systems, gas processing and fertiliser sectors.

Profile of L&T CEO K Venkataramanan

Construction and engineering major Larsen &amp;Toubro (L&amp;T) appoints K Venkataramanan as the new Chief Executive Officer (CEO) and Managing Director (MD). AM Naik, the present Chairman and MD, will continue to be the executive chairman of the Group.

L&T appoints K Venkataramanan as CEO, MD

Information and technology consulting and outsourcing company Mahindra Satyam (formerly Satyam Computer Services Limited) has acquired 100 per cent of vCustomer Corporation's international operations for $27 million (approximately Rs 135 crore). vCustomer is a Washington-based business process outsourcing (BPO) company.

Mahindra Satyam buys vCustomer's int'l operations for $27 mn

Taking many by surprise, Japanese major- Sony has surpassed otherwise market leaders like Hewlett-Packard (HP) and Dell in the consumer notebook segment in the fourth quarter of 2011, from October to December 2011.
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Sony Vaio beats HP, Dell in notebook segment

More than three weeks after an Israeli diplomat, Tal Yehoshua, was severely injured in a terrorist attack, security agencies have made the first breakthrough with the arrest of Syed Mohammed Ahmed Kazmi, a 50-year-old freelance journalist who reportedly contributed for an Iranian publication. Kazmi is alleged to be part of an international terrorist network and had conducted reconnaissance of the Israel embassy in Delhi to know the movements of diplomats and senior officials.

1 held in Israeli embassy car blast

With the Rs 8,000-crore revival plan of the closed plant of Fertilizer Corporation of India (FCI) at Talcher in Orissa delayed inordinately, Chief Minister Naveen Patnaik has urged Prime Minister Manmohan Singh to take expeditious steps for its revival.

Naveen seeks PM`s intervention to expedite revival of Talcher fertiliser plant

Adi Godrej will head a 13-member committee constituted by the ministry of corporate affairs to frame a draft policy document on corporate governance. The committee's mandate is to suggest a comprehensive policy framework to enable corporate governance of highest quality in all classes of companies without impinging on their internal autonomy, a ministry circular issued said on Wednesday.

Adi Godrej heads MCA committee 

Avaya, a provider of business communications and collaboration systems and services, announced the&nbsp;appointment of&nbsp;Rajeev Mittal as managing director, Avaya for India and SAARC.

Avaya appoints Rajeev Mittal to lead India and SAARC business

Chief Minister Naveen Patnaik has urged the central government to help the states in reshaping defunct Micro, Small and Medium Enterprises (MSMEs) by providing financial assistance and framing conducive policies.

BS Reporter