French scientists claim to have discovered a drug that could burn body fat though the person is on high - fat diet. A team from The University of Louis Pasteur has tested the drug on mice. They found that it protected mice against weight gain and insulin resistance.

The drug is still in the experimental stage and thus doesn't have a brand name. It's called SRT1720 as it targets the SIRT1 gene. It boosts the fat metabolism in mice in a similar fashion as in case of scarce calorie diet. 

Karnataka Transport Minister R Ashok announced that in order to strengthen its four transport corporations, the department is going to recruit 18,000 personnel including drivers, conductors and technical hands during the year. It is worthwhile to mention that the government has announced its ambitious plan to add 5,000 new buses to its fleet.

UK-base NDS group has announced $150 million invesment in India to boost its current operations. The company has invested over $120 million so far and has now announced an investment of $150 million over the next four years to support the accelerating digitization of pay-TV across the nation and worldwide.

The NDS Group is a UK-based global digital pay and interactive TV technology provider. The group had ventured into India in 2000, establishing a R&D Center in Bangalore.
 

The Pusa-1122 variety of rice has been given the 'basmati' status, which means a boost in exports as well as an increase in its price .However, some exporters are worried about the hindrances this may cause in India's efforts to get a geographical indication, or GI, status for the marquee rice variety.

The Union Government has decided to charge for additional spectrum above 6.2 MHz in addition to the license fees. The magnitude of additional sum would be decided by Telecom Commission, the policy-making arm of the Department of Telecommunications.

The sale of super luxury cars in India registered growth despite the global financial crisis. The luxury car makers, such as BMW, Mercedes-Benz, and Volkswagen are looking for markets in developing countries such as India and China. They consider India as a potential market for high-end car sales.
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The sales of Mercedes Benz registered a decent growth in the Indian market. The comapny has sold 3141 units from January to October 2008. It has sold 2141 premium units in the same period last year according to Director (Sales and Marketing), Mercedes Benz India, Sanjiv Sahajawala.