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Goldman Sachs takes 9.4% in Max India for $115 mn
Analjit to guard stake by pumping in money.

IT industry to return to growth in'10
The IT industry is exiting its worst year ever as global IT spending is all set to decline 5.2 per cent, according to Gartner, Inc, an information technology research and advisory company. However, the IT industry will return to growth in 2010 with IT spending forecast to total $3.3 trillion, a 3.3 per cent increase from 2009.

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Offshoots of economic revival translating into shopping spree
Buoyed by optimism, offshoots of economic revival and more stable job market vis-à-vis 2009, the people are loosening their purse strings and splurging on shopping sprees to mark the arrival of 2010.
Business Ideas

MCL observes World AIDS Day

Mahanadi Coalfields Limited (MCL) organized an awareness camp at its headquarters at Burla near Sambalpur in association with the Young Men Christians" Association (YMCA) on the occasion of the World AIDS Day. Free comdoms and pamphlets on HIV/AIDS were distributed to the truck drivers on the occasion. - Nalco offers cash incentive for ash disposal - MCL"s mineral operations hit land hurdle - Consumers peeved at inferior coal quality - MCL mining contractors to go on strike from October 1 - Infra constraints at Talcher hit coal supply - MCL"s pipe water supply scheme faces delay The truck drivers were also educated on the evils of unprotected sex and ways to combat the dreaded disease. MCL"s medical department also organized a family planning operation camp on the occasion which saw 162 cases being registered for laparoscopy. The patients and their attendants were provided food packets and lunch by MCL. Seventy cases of laproscopy were performed by dr Jaydeve Meher till lunch.


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