Stock Markets Flat; Rising Rupee Brings IT Sector Down

After opening positively at 16,352.32, The BSE benchmark index Sensex slipped into the negative zone in the morning trades because of weak global cues. IT sector continued to trade on really passive note owing to further rupee admiration. Rupee was quoting at 39.87 versus US dollar.

Asian stocks chop down from its eight-week record after Fed Reserve chairman Ben Bernanke expressed worries over the housing downturn situation in the US.

Financial Tech Group To Establish Power Exchange Soon

Chennai: Financial Technologies (India) Ltd has got nod from the Central Electricity Regulatory Commission (CERC) to establish India’s first national level power trading platform called ‘Indian Energy Exchange Limited (IEX)’ for trading electricity.

IEX, which is promoted by Financial Technologies, will be a pan-India neutral and transparent electronic demutualised exchange for competent price discovery in the electricity market. PTC India Ltd has responded favorably to obtain 26% stake in IEX.

Roger Daltrey to headline 10th Rock'n'Roll Fantasy Camp

London, September 21: Roger Daltrey from ‘The Who’ and Joe Walsh from ‘The Eagles' will be among renowned rock stars who will perform at the 10th Rock'n'Roll Fantasy Camp in Las Vegas in November.

The Rock'n'Roll Fantasy Camp brings music lovers an opportunity to jam and record with their favourite rock stars.

"Rock'n'Roll Fantasy Camp reminds me of what it used to be like when we first started, when we were rough and ready... it's fantastic," the BBC quoted Daltrey as saying.

South Indian Communicates Chikungunya To Italy

New Delhi: The health officials stated that an unnamed chikungunya-infected tourist, visiting relatives in Castiglione town of Italy’s Ravenna region, from south India has been found responsible fo

Amritsar Medical College Head Suspended On Her Involvement In Kidney Racket

Chandigarh: In the arguable “kidney removal case,” the Punjab government has suspended Amritsar Medical College, principal, Dr. Jaswinderpal Kaur Shergill. Together with Dr.

George Lucas struggling to clinch broadcast deal for Star Wars spin-off

Washington, September 21 : ‘Star Wars’ creator George Lucas is struggling to clinch a broadcast deal with TV channels for his spin-off animated series ‘Clone Wars’.

The movie mogul has so far created 40 of the 100 episodes of his programme.

He has very clearly said that his production is not for a kids channel.

Lucas has also said that he wants a prime time slot for his programme.

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