Indians determined to combat the H1N1 flu-R s

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SiliconIndia Daily dose

Tuesday ,May 12 , 2009
Top news
India is gearing up to be a major contributor towards preventing the spread of deadly H1N1 flu.Serum Institute of India, Ocimum Biosolutions and Dr. Suresh Mittal, a researcher in Purdue University, have all taken up initiatives to fight this flu.
Over 70 percent of government investment-promotion intermediaries miss out on investment and job-creating opportunities by failing to provide accurate and timely information to potential investors.
The beleaguered Satyam Computers have gained stability under its new owner, Tech Mahindra, however, it is no more considered as a noteworthy competitor by the IT service provider Infosys.
Microsoft's layoff saga would render one percent of its workforce in India jobless. The company has sent notices to its employees in Bangalore and Hyderabad informing about eliminating their jobs.
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Prices of consumer goods will fall in the next six months, Prime Minister Manmohan Singh said Monday.
Poor awareness, mammoth size, diversity and insularity are challenges India must overcome to ensure fair trade practices in grassroots businesses, World Fair Trade Organisation (WFTO) president Paul Myers, himself a leading economist said.
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Bangalore based healthcare service provider, Vaatsalya has raised second round of funding from Oasis Fund and returning investor Seedfund. The company had earlier raised Rs.6 crore f rom the venture firms Seedfund and Aavishkar.
SVTC Technologies, a provider of development and commercialization services for silicon-based technologies, has raised an additional $34 million from its existing investors, Oak Hill Capital Partners and Tallwood Venture Capital.
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