UPS EARNINGS GROWTH CONTINUES

Mumbai : UPS  today announced diluted earnings per share of $0.88 for the first quarter of 2011, a 24% improvement over the adjusted $0.71 for the prior-year period.  Global revenue grew 7.3%, producing a 21% increase in operating profit to $1.4 billion. On a reported basis, diluted earnings per share and operating profit increased 66% […]

Sensex down by 156 pts in evening trade

Extending its losses for the fifth day in a row, the Sensex at the Bombay Stock Exchange declined 156 points, or 0.8 percent, to 19,136, today, on sustained selling by investors, amid worries of an interest rate hike by the Reserve Bank. The Nifty at the National Stock Exchange shed 36 points, or 0.6 percent, […]

INDIAN : MIDDAY MARKET REPORT

Prince William marries commoner Kate Middleton

Prince William and Kate Middleton were on Friday pronounced man and wife at the majestic Westminster Abbey where the couple exchanged vows in the presence of some 1,900 guests, while millions of people around the world watched the ceremony live on TV. 29-year-old Middleton wore an ivory and lace gown designed by Sarah Burton at […]

CREDAI to hold consultative process with Kamal Nath

The Confederation of Real Estate Developers Association of India (CREDAI) will start a consultative process with Union Minister of Urban Development Kamal Nath next week, CREDAI President Lalit Kumar Jain on Friday. “Minister Nath has agreed to hold the consultative dialogue from next week in the process of improving the working scenario between developers and […]

Asia needs to improve employment options for women: ADB

Asian countries, including India, need to address the growing gender inequality in the labour market by increasing quality employment options for women, the Asian Development Bank (ADB) and the International Labour Organisation (ILO) said in a report on Friday. The report, titled “Women and Labour Markets in Asia: Rebalancing for Gender Equality”, noted that although […]

William to be Duke of Cambridge, Kate Duchess of Cambridge

Ahead of Prince William and Kate Middleton’s wedding, Buckingham Palace on Friday announced that the two will be known as the Duke and Duchess of Cambridge after the ceremonies are over. Queen Elizabeth conferred the Dukedom on Prince William of Wales. His titles will be Duke of Cambridge, Earl of Strathearn and Baron Carrickfergus. Prince […]

SC stays pre-impeachment probe by RS panel against Dinakaran

The Supreme Court on Friday stayed the pre-impeachment probe by a Rajya Sabha-appointed panel into allegations of judicial misconduct and corruption against Sikkim High Court Chief Justice P D Dinakaran. The apex court passed the order on a plea by Justice Dinakaran, expressing apprehension of biased probe against him by the three-member panel, comprising Justice […]

BIOTRONIK Announces US Market Release for Renamic: Next Generation Programmer for Implantable Cardiac Devices

United States : BIOTRONIK, a leading manufacturer of implantable cardiac devices and pioneer of wireless remote monitoring technologies, has announced the US market release of Renamic, their next generation programmer for implantable cardiac devices. Renamic, the latest addition to BIOTRONIK’s portfolio of external devices, is used for initial programming, reprogramming and testing of implantable pacemakers, […]

Oxford-Emergent Tuberculosis Consortium Vaccinates Last Infant in Phase IIb Clinical Trial

United States: Emergent BioSolutions Inc. announced that its joint venture with the University of Oxford (Oxford), the Oxford-Emergent Tuberculosis Consortium (OETC), has vaccinated the last of the 2,784 infants in its Phase IIb efficacy trial evaluating MVA85A, the world’s most clinically advanced tuberculosis (TB) vaccine in development. This clinical trial in Worcester, South Africa, is […]