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Popular Articles

Banks may duck impact of rising yields
With a sharp rise in bond yields in the third quarter, most banks have been saved mark-to-market (revaluing securities to reflect their current value) losses by a whisker.

Markets have a quiet opening
It is as flat as it can get. The Sensex is quoting virtually unchanged at 17,641 and the Nifty is down four points at 5270.

News of the day

The year that was...
The year 2009 saw the industry combating the shadows of global slowdown. A year full of challenges, which kick-started with the Vibrant Gujarat summit, was also a blessing in disguise in some cases especially with pharma companies returning homewards to Gujarat or brain drain from the reputed insitutes like IITs and IIMs being contained for the time being. While acquisitions and mergers gained some momentum in the later half of 2009, some of the special economic zone projects were hit. Companies responded with more innovative solutions while waking up to newer challenges. Problems in land acquisitions continue to remain although the process has been far more peaceful in Gujarat as compared to other states. This can be guaged from the fact that the first Nano by Tata Motors at Sanand got ready this year
International Business

ISRO eyes mission to Mars; Govt sanctions Rs 10 cr

After the challenging mission to moon, ISRO today said it has begun preparations for sending a spacecraft to Mars within the next six years. - ISRO unveils beta version of 3D mapping tool "Bhuvan" - India to launch ocean satellite in second half of next month - Here comes the moon - Stars foretell medical marvels - Chandrayaan-I develops malfunction, its life may be reduced - ISRO chief to join Planning Commission: Montek Government has sanctioned seed money of Rs 10 crore to carry out various studies on experiments to be conducted, route of the mission and other related details necessary to scale the new frontier, said ISRO Chairman G Madhavan Nair. "Already mission studies have been completed.Now we are trying to collect scientific proposals and scientific objectives," he told reporters on the sidelines of a day-long workshop of the Astronautical Society of India here. He said the space agency was looking at launch opportunities between 2013 and 2015. Chandrayaan-I, the country"s maiden unmanned moon mission, appears to have fired the imagination of young scientists who have taken to space sciences and ISRO plans to tap this talent for its mission to Mars. "A lot of young scientists are being brought into the mission, particularly from the Indian Institute of Space Technology, the Physical Research Laboratory, Tata Institute of Fundamental Research and other research laboratories," K Radhakrishnan, Director of Vikram Sarabhai Space Centre, said. He said the space agency would use its Geosynchronous Satellite Launch Vehicle (GSLV) to put the satellite in orbit and was considering using ion-thrusters, liquid engines or nuclear power to propel it further towards Mars.


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