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Healthy gains for Smart Portfolios
The markets rose steadily for the better part of the week on news of robust GDP numbers and allaying of fears on the Dubai repayment crisis. The S&P CNX 500 index rose over 4 per cent to 4,239, thereby taking the benchmark’s portfolio value higher to Rs 11.04 lakh as against Rs 10.60 lakh in the preceding week.

Telgi, two others get 10 years in jail
Abdul Karim Telgi, the main accused in the multi-crore fake stamp paper scam, and two others were today awarded 10 years" rigorous imprisonment in two separate cases by a CBI Court which also imposed a fine of Rs 50 lakh on each of them.

News of the day

TCS bags APSwan project
The Andhra Pradesh government has awarded the State Wide Area Network (Swan) project to Tata Consultancy Services (TCS), the country"s largest information technology company, on a five-year build, own, operate and transfer (Boot) model.
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Tata Comm launches internet clean pipe solution

Tata Communications has launched its internet clean pipe solution for the small and medium business segments. The solution, company said, will ensure clean internet traffic by eliminating malware, spam and virus without the customer having to incur capital expenditure on security hardware. - Vodafone looks to revamp brand, marketing strategy - Airtel"s 50 paisa pm local, STD call offer at a price - BSNL to give 1.5 lakh new mobile connections this yr - NEWSALERT: DoT proposes to levy penalty of Rs 135.6 cr on telcos - Tata Comm enters managed banking infra solutions space - Govt open to dual listing of MTN, says is permissible Internet traffic contains data flows and traffic like spyware,malware,worms,trojans and virus which besides compromising the data security of the organisation, also chokes the available bandwidth. Sunil Joshi, president, Enterprise Business Unit at Tata Communications, said, "Data security is a prime concern for organisations given the serious security threats that exist in today"s environment." On the Bombay Stock Exchange, the company"s shares closed on Tuesday at Rs 491.25, up 0.1 per cent.


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