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Infosys advances on recruitment plans
Infosys ended at Rs 2,454, higher by Rs 10 or 0.4%, on the BSE.

Public limited
That Petroleum Minister Murli Deora comes from the country’s commercial capital was made obvious today when reporters asked him about whether there was going to be a petroleum price hike. “Arre baba, I’m not running a private limited company”, he told reporters, “there has to be a larger consultative process.”

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NIIT Tech patners Hitachi for cloud computing
NIIT technologies has announced partnership with Hitachi Information Systems to offer cloud computing services. Cloud computing is an emerging mega trrend which is standardized IT capability delivered via the internet in a pay per use and self service manner. With cloud computing gaining impetus, both companies will be able to offer the complete portfolio of services around the cloud infrastructure to cater to the changing IT landscape.
Corporate

Philips to set 130 sleep labs in India

Philip Healthcare today said it will set up 130 sleep labs in various hospitals and clinics in the country by the end of 2010, besides creating awareness about sleep disorders and the problems related to it. Sensex pares gains; Hindalco up 4% "There is almost no awareness about the sleep-related disorders in the country and Philips as company would be the first to initiate such campaigns in India," Philips Healthcare Chief Executive Officer Anjan Bose told reporters today. He said, the company has now decided to set up 30 sleep labs by the end of the current year in various hospitals in Delhi and Mumbai. By the end of next year, the total number of sleep labs would be increased to 130. "We are also talking to various private hospital chains like Apollo and Fortis for setting up the lab as well as to create awareness in the country about sleep related disorders in the country," Bose said while declining to give details regarding the projected sales revenue and investments. He said, lack of sleep not only impacts the overall quality of life but also leads to serious health issues such as increased risk of diabetes, weight gain, high blood pressure and irregular heart beats. Bose said, Philips has also carried out a nationwide survey which revealed that almost 93 per cent Indian suffer from sleep disorders. Philips Healthcare, a subsidiary of Netherlands-based Royal Philips Electronics, sells and distributes medical equipment in the country and it contributes around Rs 500 crore to over all sales of the company in India.


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