IBM to manage Bharti Airtel’s IT operations in Africa

NEW DELHI – India’s largest cellphone operator Bharti Airtel Friday said global technology major IBM will supply the computing technology and services for its telecom network across 16 nations in sub-Saharan Africa.

The two companies, whose partnership began in 2004, will finalise an agreement to this effect in the fourth quarter, the company said …. Source article on Gaea Times at  : IBM to manage Bharti Airtel’s IT operations in Africa.

Amway India On A High

HIMACHAL PRADESH, INDIA (GaeaTimes.com)- Amway India, the direct selling FMCG giant is planning to set up a second manufacturing plant in India and it is likely to come up somewhere in South India. The news was admitted by a senior Amway India official. The company which is a member of Indian Direct Selling Association [..] Read the original article: here.

Only one in 10 graduate employment seekers will get jobs

BANGALORE – The Indian job market has picked up, yet only one out of 10 graduates seeking employment will find a job, says a survey on hiring trends in 2010.

“This year over 10.5 lakh (1.05 million) jobs are being created across sectors but one crore (10 million) aspirants are coming into the market,” managing director … Read more »»».

Sri Lanka says accidental blast in country’s east kills 20 people, including 2 Chinese

Sri Lanka: Accidental blast kills more than 20

COLOMBO, Sri Lanka – A government spokesman says an accidental blast of explosives meant for road construction in Sri Lanka’s east has killed 20 people, including two Chinese nationals.
Lakshman Hulugalla, a government security spokesman, says a container carrying the materials exploded accidentally in the eastern Batticaloa district. He …. Source  : Sri Lanka says accidental blast in country’s east kills 20 people, including 2 Chinese.

Obama to announce Wall Street critic Elizabeth Warren for powerful new consumer post Friday

Obama to name consumer advocate to new post Friday
WASHINGTON – President Barack Obama is making it official Friday: Wall Street critic Elizabeth Warren will be a special adviser overseeing the creation of a new consumer protection bureau with vast powers to enforce regulations covering mortgages, credit cards and other financial products.
Warren, a 61-year-old …. Source  : Gaea News Network.

Senate race in Pennsylvania turns rough as candidates, outside groups go on air

Pa. Senate race gets rough, fought through ads
MILL HALL, Pa. – For many in this stretch of rolling forests, small towns and dairy farms, images of the two U.S. Senate candidates are shaped by the steady stream of television commercials that cast Democrat Joe Sestak and Republican Pat Toomey as extremists who are … Read : Senate race in Pennsylvania turns rough as candidates, outside groups go on air.

Lawsuit says exclusive licensing deal for hot new SweeTango apple isn’t so sweet

Licensing deal for hot new apple comes under fire

HASTINGS, Minn. – Some growers fear a new breed of apple could put them out of business.
The SweeTango boasts a juicy crunch and intense sweet-tart flavor with a note of spice. It just entered its second year of limited release in the U.S.
It’s marketed by a select …. Source  : Gaea News Network.

Paul Writer launches India’s first community for B2B marketers

Bangalore (Karnataka), Sept.17 (ANI-Business Wire India): Paul Writer has launched India’s first community dedicated to B2B marketers at www.paulwriter.com. nvisioned as a place that provides the B2B marketing community access to high-quality content, discussion, and research in a single location, the site has already garnered over 21000 views since going live for beta testing.

“Our aim …. Read the original article  : here.

Shell agrees to sell Norwegian Statfjord field to Centrica Resources for $225 million

Shell sells Norwegian field for $225 million

AMSTERDAM – Royal Dutch Shell PLC says it has agreed to sell its stake in the Statfjord oil field in the Norwegian North Sea and several related assets to Centrica Resources AS for $225 million.
Shell said Friday its share in the mature field, 9.4 percent, produced 13,300 barrels of …. Source  : Gaea News Network.

Brazil creates 1.95 mn jobs

Rio de Janeiro, Sep 17 (IANS/EFE) The Brazilian government said it has created 1.95 million new jobs until August this year, almost double the number of last year.

Labour Minister Carlos Lupi said 2.5 million new jobs will be created this year in Brazil, more than in the last two years combined.
A total of 299,415 …. Original article on Gaea Times at  : Brazil creates 1.95 mn jobs.

Japan gets new foreign minister as Kan reshuffles Cabinet to put stamp on his administration

Cabinet shuffle gives Japan new foreign minister

TOKYO – Prime Minister Naoto Kan named a new foreign minister as part of his Cabinet reshuffle Friday, putting a new stamp on the administration after surviving a party leadership challenge earlier in the week.
Seiji Maehara, a security expert who was previously transport minister, will quickly be put to … Read the original article on Gaea Times at : Japan gets new foreign minister as Kan reshuffles Cabinet to put stamp on his administration.

Asian stock markets mostly higher amid confidence in regional growth prospects

Asian stock markets rise amid growth confidence

SINGAPORE – Asian stock markets were mostly higher Friday amid confidence the region’s growth will be sustained despite slower economic recoveries in developed nations. European shares also climbed.
Some moderation in Asia’s expansion is expected next year but growth rates are likely to remain well above those in the advanced … Read this article on Gaea Times at : Asian stock markets mostly higher amid confidence in regional growth prospects.

Obama names three Indians to panel for Asian Americans

WASHINGTON – President Barack Obama has named three Indian-Americans to the President’s Advisory Commission on Asian Americans and Pacific Islanders, a body to help them get increased access to and participation in federal programmes.

“Our nation will be well-served by the skill and dedication these men and women bring to their new roles. I look forward …. Source article  : Obama names three Indians to panel for Asian Americans.

Video game rakes in 128 mn pounds in one day

LONDON – A video game has smashed records by raking in a mind-boggling 128 million pounds in one day.

The video game – Halo: Reach – was released Tuesday and it sold over 330,000 copies in Britain alone, The Sun reported Friday.
The game casts players as genetically-enhanced marine battling to defend the human race from … Original source on Gaea Times at : Video game rakes in 128 mn pounds in one day.

Brazilian man to set up $1 bn electric car plant

Rio de Janeiro, Sep 17 (IANS/EFE) A Brazilian businessman will invest $1 billion to set up an electric vehicle manufacturing plant in the South American country.

Eike Batista, Brazil’s wealthiest man, said he is looking to invest $1 billion to manufacture battery-operated vehicles.
“We have space for new people and the electric car is something irreversible,” …. Read the original article  : Brazilian man to set up $1 bn electric car plant.

China approves 4 Taiwan banks to set up mainland branches

China approves Taiwan bank branches
TAIPEI, Taiwan – China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation between the sides.

The late Thursday announcement by the China Banking Regulatory Commission came just days after a landmark trade agreement took effect to bring their two economies … Read the original article on Gaea Times at : China approves 4 Taiwan banks to set up mainland branches.

China’s battery and autos maker BYD buys stake in Tibetan lithium miner

China’s BYD buys stake in Tibetan lithium miner

SHANGHAI – Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner, moving to secure a strategically vital asset for its future growth.
BYD will pay 201.2 million yuan ($30 million) for its stake … Read : China’s battery and autos maker BYD buys stake in Tibetan lithium miner.

Maehara named new Japanese foreign minister as prime minister shuffles Cabinet

Japan gets new foreign minister in Cabinet shuffle

TOKYO – Seiji Maehara, a security expert and former transport minister, has been named Japan’s new foreign minister.
Maehara, 48, will replace Katsuya Okada, who will take up the No. 2 post in the ruling Democratic Party of Japan.
The Cabinet shuffle took place after Prime Minister Naoto Kan a …. Source  : Gaea News Network.

BlackBerry posts record revenue on Torch sales

TORONTO – Beating all negative forecasts and reports of less-than-enthusiastic response to its new Torch smart phone, BlackBerry maker Research in Motion (RIM) has posted a record profit for the second quarter.

RIM co-CEO Jim Balsillie ascribed the spectacular results to the BlackBerry Torch 9800 slider smart phone which was written off by many analysts immediately … Read more >>.

SJVNL declares Rs.328.20 crore dividend

SHIMLA – The Satluj Jal Vidyut Nigam Limited (SJVNL), which owns and operates the 1,500-MW Nathpa-Jhakri hydropower project in Himachal Pradesh, has declared a dividend of Rs.328.20 crore for 2009-10 fiscal, an official said here Friday.

“The annual general meeting Wednesday passed the dividend of Rs.0.80 per share amounting to Rs.328.20 crore, which works out to …. Read the original article  : SJVNL declares Rs.328.20 crore dividend.