The 39th International Film Festival of India (IFFI) will start on November 22 in Goa. This festival will be organized by the Directorate of Film Festivals and the ministry of information and broadcasting in collaboration with the Goa government.

According to sources, Rekha will be the guest of honour. Initially Bollywood actor Aamir Khan was invited by the government but he couldn't accept the invitation as he was busy shooting in Panchmarhi. However Rekha has confirmed her presence as the chief guest.

Despite the current economic slump, information technology major Wipro is eyeing to further expand its business footprints in Uttarakhand.

According to the sources IT major is proposing hill state where it has build two units at Haridwar and Kotdwar which have already commenced production.

Subex Ltd, a leading global supplier of opera

Biotechnology major Biocon has revealed its plans to pump Rs 100 crore in the coming fiscal with the aim to increase its research and development, to keep pace with increased orders from multinational firms, as leading worldwide firms have slashed their expenditure on R &D.

While commenting on the plans, Biocon Chairperson and Managing Director, Ms Kiran Mazumdar Shaw stated, "We will be investing Rs 100 crore in 2009-10 for enhancing our research and development."

According to the sources, the conglomerate has set aside an investment of Rs 60 crore for the current year.

Jubilant Organosys Ltd has announced that its US arm Clinsys Clinical Research, Inc has purchased TrialStat Clinical Analytics from Trial Stat for CAD 750,000.

According to the sources, TrialStat ClinicalAnalytics (TrialStat CA) is a Web-based electronic data capture that is used by a wide range of pharmaceutical and contract research organizations clienteles international.

Larsen & Toubro (L&T), a leading engineering and construction major, has made announcement that the company has pocketed four contracts worth Rs 1637 from HPCL-Mittal Energy and Hyderabad Metro Water Supply.

According to the sources, the proposed orders were secured for executing water supply project and for building two power generation units. The sources further revealed that the company has bagged orders totaling Rs 937 crore from Hyderabad Metro Water Supply and Sewerage Board (HMWSSB) and Delhi Jal Board.