Republicans want end of state control as Fannie seeks more support

Fannie-MaeThe fate of the demand made by Fannie Mae is expected to be decided today after the end of the debate on legislation to overhaul financial regulation. While the once a giant in the mortgage business seeks another financial aid after its massive 11th quarter loss.

Dubai Metro on top of quality in the world

Dubai Metro on top of quality in the worldThe service of Dubai metro is world class, but its quality is going to be more enhanced soon. The authorities are looking forward to introduce some better qualitative driverless metro systems in the country.

As per a recent survey report, the quality of Metro is the maximum in all across the globe. It has been found out that its service is even better than that of North East Line in Singapore and the Docklands Light Rail in London. It has scored around 99% in the quality rate.

Pathway Genomics kits to be available at Walgreen stores

Pathway-GenomicsSan Diego-based pharmaceutical company, Pathway Genomics is going to make its generic testing products available at the retail pharmaceutical stores of Walgreens.

While some look at the step as a good decision for the consumer interest, many scientists believe that it is not going to be very useful for screenings.

The product will be available as kits and will be available at all the drugstores of Walgreens.

Apollo Hospital to be a revolutionized healthcare Unit

Sangita ReddyThe quantity of patients in India is increasing so fast that the health centers and sanitariums should be modernized otherwise every Indians will find it very difficult to get emergency medical case. The leading hospital chain of the country, Apollo Hospitals is looking forward to take some further steps to develop the quality of its service offered.

HT Media’s net profit up six-folds

HT-Media-LogoHT Media, the media major said that it has seen six-fold increase in its consolidated net profit for the quarter ending March 31, 2010. The profit of the company stood at Rs. 47.99 crore, said the company. It stood at Rs. 7.59 core for the same period last year.

The increase has been due to rise in advertisement revenue and also due to rising circulation figures.

Meanwhile, the company is also planning to re-launch its flagship brand, Hindustan Times.

India may not issue more CMBs

India may not issue more CMBsTalking to a private news agency Reuters, two sources said that India may not be issuing any more Cash Management Bills (CMBs) in the month of May.

They said that the decision was taken after it was seen that no bond redemption during this month remains. The last of the lot got redeemed on Friday itself.

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