TNM

Rubbing And Yoga Head Stands May Put Eyes At Risk

Rubbing And Yoga Head Stands May Put Eyes At RiskA new study has revealed that regular activities like yoga head stands, wearing swim goggles, sleeping face down and eye rubbing may damage one’s eyes. All these activities may contribute to glaucoma that damages the optic nerve and leads to blindness.

‘Immigrants To Canada’ Have Higher Risk Of Death

According to the Canadian Cardiovascular Congress, the immigrants who come to Canada for the better life have the higher risk of death due to stress of settling down in a new country.

Researchers from the Simon Fraser University in Vancouver conducted a study on 618 Canadian residents, in which 460 were immigrants. The narrowing of artery was compared by the researchers and they found that most of the migrants, who stayed longer in Canada, started building more plague in their arteries.

Cairn India posts 12 fold profit increase

The net profit of Cairn India increased 12 fold for the third quarter. Its net stands at 293.32 crore as per the reports released by the company. Cairn India has done a remarkable work in the field of oil reserves exploration in India.

Company’s turnover increased to 21 per cent and stands at Rs 321 crore. It suffered a loss of Rs 106.4 crore in the same period of previous year. The company made income of Rs 118.20 crore in third quarter form investments and Rs 172.37 crore in the nine months ended September 30, 2008 including foreign exchange fluctuation of Rs 87.34 crore and Rs 110. 83 crore.

NTPC to form JV with NPCIL for nuke projects

The NTPC would form a joint venture with Nuclear Power Corporation of India (NPCIL) for diversifying its efforts to generate nuclear energy. NTPC is the largest power generator of India and its board has approved the JV proposal with India’s only nuclear power producer. The joint venture is expected to come

Initially, the JV would set up a 2,000-MW nuclear power plant. The JV would boost the nuclear power generation capacity of India following the Nuclear Suppliers' Group waiver and Indo-US nuclear deal. India has set a target to produce about 20,000 MWe of nuclear power by 2020 and 36,000 MW by 2030.

Global Recession Hits Karnataka's IT Industry

Indian IT hub, Bangalore is also facing the heat of global recession. The IT industry of state of Karnataka has suffered 5 per cent decline in manpower utilization. Employment opportunities are also decreased by 3 to 5 per cent during the April-September 2008 period. It is established in a report based on the survey conducted by the Confederation of Indian Industry (CII) for the Southern Region.

IT sector witnessed low demand following global financial crisis. A decline of 2-3 per cent in pricing (billing) during the first half of the current financial is also noticed. Overall decrease in the demand from European countries is also a cause of concern for Indian IT industry.

Telenor buys 60% stake in Unitech Wireless

Norway-based telecom company, Telenor has brought a majority of 60% stake in Unitech Wireless. Telenor is the largest telecom company of Norway having existence in 12 nations with subscriber strength of over 150 million. The Norway government holds 54 per cent stakes in Telenor. Unitech wireless is a subsidiary of major reality giant, Unitech.

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