IT Update
Tatas to merge three electricity companies In a major consolidation drive, the Tata group is finally set to merge the three Tata Electric Companies (TEC) - Tata Power, Andhra Valley Power Supply Company, and Tata Hydro-Electric Power Supply. Judge orders Microsoft split in two US District Judge Thomas Penfield Jackson ordered Microsoft Corp split in two and imposed sweeping restrictions on the software giant's business practices, setting off a new round in the titanic legal struggle that is headed for the Supreme Court. RBI talk lifts Re from life-time low of 44.95 The rupee on Thursday fell by 20 paise from its overnight close to a new low of 44.95. A strong statement from the Reserve Bank of India on the "speculative" nature of trades and it asking banks to maintain square positions helped the currency recover to close at 44.7350/75. Yahoo! picks Mumbai to host its front office Mumbai is all set to play host to the mother of all dotcoms, Yahoo!. The US firm is scouting about for 5,000 square feet of prime realty for its front office. CEO Ballmer vows to fight against verdict A defiant Steve Ballmer vowed Thursday to fight a US District Court ruling ordering Microsoft Corp's breakup, calling the decision "unfair and excessive."
Tatas to merge three electricity companies
Judge orders Microsoft split in two
RBI talk lifts Re from life-time low of 44.95
Yahoo! picks Mumbai to host its front office
CEO Ballmer vows to fight against verdict