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Wheat sowing up on favourable climate
The area under wheat rose a marginal 2 per cent this year on favourable climatic conditions. Late monsoon left adequate moisture content in the soil that suited the wheat sowing for this rabi season.

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Religare expects to close Rs 600 cr PE fund by Apr '10
Financial services entity Religare Enterprises expects to close its first Rs 600-crore private equity fund, launched in joint venture with UK-based Milestone Capital, by April next year.

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RBI hikes CRR by 75 bps; repo rates untouched
The Reserve Bank of India, in its Monetary Policy review today has hiked the Cash Reserve Ratio (CRR) by 75 basis points (bps) to 5.75 per cent, while holding the repo and reverse repo rates steady in line with market expectations.
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David Wirt is Tata Commns global head of managed services

Tata Communications today said it has appointed David Wirt as global head of managed services. - Tata Communications erases gains, ends down 2% - Tata Comm, Qatari co in pact for undersea cable - Tata Communications, Qatari co in pact for undersea cable - Intel eyes 4G entry in India - Tata Communications net dips 70% at Rs 10 cr - Tata Comm to deliver capacity to Australia via cable system Based in Singapore, Wirt will take charge of managed services" commercial business and data centre engineering and operations, as well as the outsourcing business of Tata Communications, a press release issued here stated. He will report to Vinod Kumar, President and Chief Operating Officer of Tata Communications, it said. Wirt joins Tata Communications with more than 23 years of experience in the systems integration and managed services domains, and brings a strong background in business process consulting, outsourcing, application and infrastructure management across industries.


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