The Union government, in its recent decision, has announced capital infusion in three public sector banks namely UCO Bank, Central Bank of India and  

Vijaya Bank. The Kolkata based UCO bank would get capital worth Rs 1,200 crore, through UCO's non-convertible preference shares, from center government in two installments, Rs 450 crore immediately and the balance Rs 750 crore in 2009-10.

The US Food and Drug Administration (USFDA) has approved the marketing of Ranbaxy Laboratories' migraine drug, Imitrex (Sumatriptan), a low cost version of migraine drug GlaxoSmithKine, in the US market.

A spokesman of Rabnbaxy said, "We have received the US Food and Drug Administration's (USFDA) approval for 100 mg Sumatriptan."

The regulator provides 180-day marketing exclusivity for its marketing in 100 mg dosage which was earlier rejected by it on December 2008.

The well known director of bollywood, Prakash Jha, who is known for his politically charged films like Gangaajal, is currently in Bhopal shooting for his latest movie, 'Rajneeti'.

The movie stars popular actors from Bollywood, including Ranbir Kapoor, Katrina Kaif, Arjun Rampal, Ajay Devgan and Nana Patekar.

An excited Prakash Jha exclaimed, "I will certainly contend the elections this time."

The plot of the movie is based upon the contemporary Indian political scenario and there are rumors flaunting all around that Katrina Kaif is playing the character of Sonia Gandhi.

The well known Popstar Rihanna apparently is quite scared from her boyfriend Chris Brown due an unfortunate incident that occurred between the two.

Reportedly, they entered into a fight when Brown received a text message from another woman, which irritated Rihanna so much that she simply dashed out of the car, following which Brown tried to pull her back in.

Apparently, Chris became so irritated from his gal that he simply hit her badly causing bruises on her face.

A very serious error in Internet Explorer 7 has been fixed by today's monthly patch batch from Microsoft. A flaw which may allow a spiteful Web site to install malware on a vulnerable PC, along with a patch for the Visio diagramming software.

It comes as good news for all those businesses, which run a Microsoft Exchange or SQL server, and are in a dire need of important fixes.

A bulletin by Microsoft confirms that attack code, which makes the MS09-002 IE7 flaw its target, could be crafted easily.

Nokia is planning to impress mobile phone users with XpressMusic 5800 phone, which is also dubbed as 'Tube'. As per industry experts, the set would be available in North America by 26th February.

However, the Nokia Xpress Music comes with a higher price tag of $400.

It would be very pleasing to know that Nokia 5800 XpressMusic device is not like any other lay phone as Nokia has positioned it as its first mass-market touchscreen device. But what has ignited the interest of the users is the free year-long music subscription called 'Comes With Music' that came with the phone.