Mumbai presents greatest potential for corporate air travel, hotel cost savings in 2011

GURGAON – The world’s fifth largest travel management company, Egencia, has said that India’s commercial capital Mumbai and the Australian city of Melbourne, offer the greatest potential for savings on corporate air travel and hotel bookings in 2011, … Read this article on Gaea Times at : Mumbai presents greatest potential for corporate air travel, hotel cost savings in 2011.

UN anti-poverty goals get financial pledges, but no certainty that 2015 targets will be met

UN anti-poverty goals get new financial pledges

UNITED NATIONS – A three-day summit to push global leaders to meet U.N. goals to significantly reduce poverty by 2015 wraps up Wednesday with new financial pledges from countries but no certainty there will be enough money and political commitment to meet the targets.
With many countries under financial pressure … Read more >>>.

Obama’s loss of top economic adviser could set stage for postelection changes

Obama’s top economic adviser leaving White House

WASHINGTON – The departure of President Barack Obama’s top economic adviser at the end of the year could provide the White House with an opportunity to revamp its economic team after the November elections, when voters are expected to take out their anxieties on Democrats.
The White House says Lawrence … Read : Obama’s loss of top economic adviser could set stage for postelection changes.

Starting Thursday: No lifetime cap, free preventive care among health law changes kicking in

Health law kicks into 2nd gear; does it help me?

CHICAGO – The nation’s new health care law turns 6 months old Thursday and starts delivering protections and dollars-and-cents benefits that Americans can grasp. But it won’t affect all consumers the same way, which may cause confusion.
Q: Will everyone’s health insurance change on Thursday?
A: No. It …. Source  : Gaea News Network.

Weighed down by a struggling economy, Obama seeks to remind the world of busy foreign agenda

For Obama, time to remind the world of his agenda

WASHINGTON – Consumed by concerns at home, President Barack Obama turns back to the world stage this week, hoping to remind anyone listening of his efforts to reshape the image and diplomacy of the United States. Yet even this moment is shadowed by economic woes.
Obama’s trip … Read more >>>.

BlackBerry set to unveil tablet computer Monday

TORONTO – Though BlackBerry maker Research in Motion (RIM) is keeping mum, the Canadian company is expected to unveil its BlackPad tablet computer to rival Apple’s iPad Monday, according to media reports in North America.

The announcement is likely to be made at its developer’s conference in San Francisco.
Quoting people familiar with RIM’s plans, the …. Source article on Gaea Times at  : BlackBerry set to unveil tablet computer Monday.

Maximizer CRM 11 Entrepreneur and Team Editions Released in India

Bracknell (UK), Sept. 22 (ANI-Business Wire India): Maximizer Software – a leading provider of simple, accessible and affordable customer relationship management (CRM) systems – has launched new versions of its popular Maximizer CRM 11 Entrepreneur and Team Editions in India.

The new editions, which are available through local Maximizer business partners, are designed specifically for …. Source  : Gaea News Network.

Wipro ranked as leader among testing services providers

Bangalore, Sept.22 (ANI-Business Wire India): Wipro Technologies, the global IT services business of Wipro Limited, announced that it has been cited by IDC Research Inc., an independent research firm, as a leader among Tier-1 Testing Services Providers in a July 2010 report titled “IDC MarketScape : Global Testing Services, 2010 Vendor Analysis”.

This study focuses on …. Original article  : Wipro ranked as leader among testing services providers.

Asian stock markets mixed as yen climbs after Fed meeting, drags on Nikkei

Asian stock markets mixed after Fed meeting

TOKYO – Asian stock markets were mixed in holiday-thinned Wednesday after the Federal Reserve indicated it is ready to do more to help the U.S. economy but stopped short of announcing specific measures.
The Fed said it is concerned that inflation is below levels consistent with a healthy economy and … Read this article on Gaea Times at : Asian stock markets mixed as yen climbs after Fed meeting, drags on Nikkei.

India, US launch SME forum to create jobs

WASHINGTON – Ahead of US President Bartack Obama’s November visit to India, the two countries have launched a Small and Medium Enterprise (SME) Forum to help generate new jobs and investments and spur economic growth.

The inaugural meeting focused on “Integrating SMEs into the US-India Value Chain” was hosted here Tuesday by the US-India Business Council … Original source on Gaea Times at : India, US launch SME forum to create jobs.

Asian stock markets mostly post modest gains after Fed says ready to help economy

Asian stocks post modest gains after Fed meeting

TOKYO – Asian stock markets posted modest gains in holiday-thinned trade Wednesday after the Federal Reserve indicated it is ready to do more to help the U.S. economy but stopped short of announcing specific measures.
The Fed said it is concerned that inflation is below levels consistent with a …. Original source  : Asian stock markets mostly post modest gains after Fed says ready to help economy.

Gandhinagar solar power project gets IFC help

WASHINGTON – The International Finance Corporation (IFC) is working on a public-private partnership deal with India’s Gujarat state to design and structure a distributed rooftop solar power project in Gandhinagar. The project will be the first of its kind in India.

The pilot project for the 5-megawatt solar installation is expected to reduce greenhouse gas …. Source article  : Gandhinagar solar power project gets IFC help.

India, US vow to end trade row before Obama visit

WASHINGTON – India and the US have pledged to work together to boost trade ties while redoubling efforts to resolve several issues of concern, including visa and outsourcing issues, before President Barack Obama’s November visit.

A joint statement issued after a meeting of Indo-US Trade Policy Forum, co-chaired by Indian Minister of Commerce and Industry Anand … Read more : India, US vow to end trade row before Obama visit.

Sensex moves up 80 points in morning trade

MUMBAI – A benchmark index of Indian equities Wednesday moved up further after scaling the 20,000-point mark in the previous session.

Soon after the opening bell, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,039.43, was up 64.57 points or 0.32 percent at 20,066.12 points, from its previous close at …. Original article on Gaea Times at  : Sensex moves up 80 points in morning trade.

US, India pledge closer trade ties

WASHINGTON – The US and India Tuesday pledged to work together to boost trade ties ahead of President Barack Obama’s first visit to the Asian power next month.

Following a meeting in Washington between US Trade Representative Ron Kirk and Indian Minister of Commerce and Industry Anand Sharma, the two sides in a joint statement said …. Original source  : US, India pledge closer trade ties.

Money Market Operations as on Sep 21, 2010

…. Read the original article  : here.

CEO Kavanaugh: Relativity Media to exceed $2 billion in revenue this year; profit up 4-5 times

CEO: Relativity Media to exceed $2B in revenue

LOS ANGELES – Privately held film financier Relativity Media will bring in more than $2 billion in revenue for the first time this year, its CEO Ryan Kavanaugh said Tuesday.
The news comes as major movie studios are slashing costs and producing fewer movies as the industry is buffeted … Original source on Gaea Times at : CEO Kavanaugh: Relativity Media to exceed $2 billion in revenue this year; profit up 4-5 times.

In a tough economic time, Finchem says going forward means not going backward

Finchem pleased golf not losing ground
ATLANTA – PGA Tour commissioner Tim Finchem expects three or four tournaments to be without a title sponsor going into the 2011 season, although he said the tour has no plans to subsidize them.

Finchem painted an optimistic picture Tuesday of the tour, noting its cumulative TV audience – number of …. Source  : In a tough economic time, Finchem says going forward means not going backward.

World’s oldest man to mark 114th birthday in US with invitation-only celebration

World’s oldest man marks 114th birthday in US

GREAT FALLS, Montana – A Montana resident believed to be the world’s oldest man celebrated his 114th birthday Tuesday at a retirement home in Great Falls.
Walter Breuning was born on Sept. 21, 1896, in Melrose, Minnesota, and moved to Montana in 1918, where he worked as a clerk … Read the original article on Gaea Times at : World’s oldest man to mark 114th birthday in US with invitation-only celebration.

Nebraska to lose $9 million in Big 12 distributions as penalty for leaving for Big Ten

Move to Big Ten costs Nebraska $9M
LINCOLN, Neb. – Nebraska’s departure from the Big 12 Conference will cost the university more than $9 million.

The Big 12 and the university announced a settlement on Tuesday in which the conference will withhold $9.255 million in conference distributions rather than the estimated $19.4 million the Big 12 had …. Source article  : Nebraska to lose $9 million in Big 12 distributions as penalty for leaving for Big Ten.