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Venture capital investors had put in $7.7 billion in US-based companies during the second quarter of 2010. This was shown by the data collected by Dow Jones VentureSource and says that there has been a significant increase in these investments.

The amount invested is the highest that has been invested in the US economy since 2008 when a total investment of $8.4 billion was done in as many as 699 deals.

Toy making company, Mattle said that it has posted lesser-than-expected profits for the second quarter.

It happened despite the fact that company was able to cut costs in a drastic way. A weak euro also played spoil-sports for Mattle despite it showing sales in the Hot Wheels segment.

Mattle had recently joined hands from the makers of Toy Story 3 and make the related merchandise. While this series did well in the market, currency fluctuations made it difficult for Mattle to post profit.

Recently at the HP ISV Summit 2010 conducted on July 15 2010, HP felicitated the disaster recovery management company- Sanovi Technologies for its outstanding contribution in revenues and expansion of HP solution.

Sanovi is an 'HP Alliance one partner' and has been acknowledged as one of the top 5 ISV from total of 125 HP ISV's in the country at summit that entered its second year in India.

P.P.Subramanian, CEO, Sanovi Technologies commented on receiving the award about their plans to expand market reach by offering innovative products.

In order to enhance your look, Modicare's Essensual has launched 20 new products in its portfolio. This new skincare and beauty care range by the Pharma Company includes products like Nourishing Day Gel Cream, Nourishing Day Cream, Age Gracefully Foundation, Maxi Length Mascara and Make up Remover.

The products available at all the Modicare Centers and Modicare Consultants, is priced at a band of Rs. 200-600. The size of the products also comes in a variety of options ranging from 9ml to 50ml.

According to Maharashtra Governor K. Sankaranarayanan, lifestyle illnesses were affecting people's lives and India will account for 60% of heart disease cases throughout the world by the next few years.

At the Bombay Hospital after presenting the '2nd Priyamvada Devi Birla Oration Award' to New York-based interventional cardiologist Samin Sharma, the governor said that lifestyle illnesses such as cardiovascular problems, high blood pressure and diabetes are mutely creating mayhem.

After Murali, it's time for stylish Pakistani captain Shahid Afridi to say bye to the international Test cricket, resulting in the closure of one significant chapter in the past of Test cricket in the sub-continent.

Afridi declared that he will give up both Test cricket and captaincy of Pakistan group after the second Test against Australia that begins at Headingley on Wednesday.

Afridi declared his verdict instantly after his side lost to Australia by 150 runs in the first Test at Lords.

He started his Test career versus Australia at Karachi in the year 1998.