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Future Group: Eyeing new horizons
Trust Kishore Biyani, the founder of Future Group, to spot new revenue streams before anybody else. The latest from Biyani is Indian-style hotels and schools to train entrepreneurs and help understand consumer behaviour. Both initiatives are expected to go on stream in the next six to eight months.

Rebound expected early next week
The two main indices—the Nifty and the Sensex—staged strong intraday rebound on Friday in choppy trades and extended gains for the second straight day. The Nifty bounced back from an intraday low of 4,766 to close at 4,882 on short-covering in interest rate-sensitive sectors such as auto, banks and realty.

News of the day

Domestic crude oil production falls 1.2% in H1: CMIE
Domestic crude oil production in India declined by 1.2 per cent in HI of the current fiscal from the same period a year ago due to fall in output by oil exploration and production major-- ONGC, an economic think-tank said in its report.
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12-year-old girl dies, first flu death in Punjab region

The Punjab region registered its first swine flu death today after a 12-year-old school girl from Ambala fell victim to the virus. - UAE drug firm gets nod for production of swine flu medicine - Bharat Biotech to test swine flu vaccine in 2 months - Strides Arcolab launches anti-swine flu drug - Natco to release 1 mn doses of H1N1 drug - Natco to release 1 mn Natflu doses by Oct end - Delhi govt allows retail sale of Tamiflu "The girl from Ambala, Harshita, is the first death case reported in the region comprising Chandigarh, Punjab, Jammu and Kashmir and Himachal Pradesh," Nodal Officer H C Gera said. The girl had been brought to Chandigarh from Ambala on September 25 and admitted to a hospital here, Gera said, adding she died today. The throat swab sample of the girl, who was a student of Chaman Vatika Public School in Ambala, tested positive for the virus the next day, he said. "She was immediately put on medicines and ventilator support," he added. A team of doctors of Ambala Health Department are examining those students and teachers who came in close contact with the infected student. Gera said that so far 35 persons had been found positive for H1N1 virus in the city. The swab samples of the girl"s younger sister, who studies in in the same school, had also been collected for tests. The girl, who was a hostler, was first taken to a nursing home in Ambala for check up which referred her to an ENT specialist. Her parents were later asked to take her to Chandigarh, where she was admitted to a private hospital.


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