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Washington - US Vice President Joe Biden will travel to Georgia and Ukraine next month for talks on boosting the former Soviet republics' economies and supporting democratic reforms, his office said Monday.

Both trips involve political sensitivities with Russia, and the visit would come shortly after US President Barack Obama travels to Moscow.

New York - US stocks posted some of their worst losses in two months amid falling commodity prices and fresh concerns that a global recession is deepening.

The World Bank cut its global growth forecasts, warning that most developing countries that were once considered insulated from the financial crisis will slip into recession this year.

Dolphin Offshore Enterprises India Ltd has notified that it has received an order worth Rs 106 crore from M/s. Instrumentation Ltd for Structural Modification work at unmanned platforms in MH for deployment of Modular rig on turn key basis.

The contract, which is scheduled to commence shortly, is expected to be completed by May 2011. Last month, the company bagged an order worth $18.45 million from Leighton India for hire of charter vessel DP/DSV.

Jindal SAW Limited (JSL), a part of USD 10 billion Jindal Group, announced the receipt of orders/ Letter of Intent (the, LOI) aggregating to more than Rs 1000 crores
(Approximate $210 milion) for supply of large diameter pipes and Ductile iron pipes in both domestic as well as international markets.

The company informed in a communiqué that it secured domestic orders from GAIL and HPCL etc., while the export orders have been primarily picked from middle- eastern market.

Private telecom operator Tata Teleservices Ltd (TTSL) on Monday announced the launch of Photon+, mobile broadband internet device for its Delhi subscribers.

Photon+ mobile broadband service offers Mobile Broadband services with speeds upto 3.1Mbps, which allows customers to be connected- not only for mails, but also for downloads, large files uploads, photo sharing, etc.

In addition, the device also allows users to send and receive SMS and is compatible with both laptops and desktop PCs.

McNally Bharat Engineering Company Ltd, , a Kolkata-headquartered joint venture between BM Khaitan group and GP-CK Birla group, has received an order worth Rs
30.60 crore from Paradip Port Trust.

The scope of work involves design, manufacture, supply, installation and commissioning of two, 3000 TPH capacity Reclaimers at Paradip, Dist: Jagatsinghpur, Orissa.