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BBX awaiting RBI nod to start global trading in India
Barter and exchange services provider BBX India is awaiting Reserve Bank of India"s (RBI) approval to start international trading in the country, a top company official said.

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'IT start-ups should focus on niche areas, small verticals'
The way to succeed for any new start-up company in the IT services field is to focus on niche areas or small verticals and doing some unusual things, a top IT industry official said.

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NIIT Tech scales 52-week high, ends off day's high
NIIT Technologies surged 3% to settle at Rs 130. The counter clocked a volume of 4.82 million shares as against its two-week average traded quantity of 321,073 shares.
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Crisis in Karnataka BJP continues

Crisis in Karnataka BJP continued today with dissidents persisting with their demand for the removal of Chief Minister B S Yuddyurappa, who said that the party leadership is evolving a "new formula" to end the stalemate. - Yeddy"s emissaries meet BJP top leaders - Keeping Bush at arm"s length - Narendra Modi"s condition improves - Raja accuses NDA of Rs 1.6 lakh cr telecom scam - PM sounds caution on financial reforms - BJP rebels firm on change in leadership Pressing their demand, the rebel group claimed the central leadership had not decided in favour of continuing with Yeddyurappa as Chief Minister. Tourism Minister Janardhana Reddy, who has been camping in New Delhi, met senior party leader Sushma Swaraj as part of his oust Yeddyurappa campaign. "In the interest of BJP and the workers in Karnataka, we need a very good leadership in the state. Whatever my stand is, I am not changing," he told reporters in Delhi. State Revenue Minister Karunakara Reddy, spearheading the campaign along with his brother Janardhana Reddy, described as "lies and creation of the media", reports quoting BJP Chief President Rajnath Singh as saying that Yeddyurappa would continue. Talking to reporters in Bangalore, he said Singh had not told them about it (continuation of Yeddyurappa) and a decision (on leadership change) could not be taken within a few hours.


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