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BSNL, MTNL directed to continue propping up loss-making ITI
The Union government has directed state-run telecom majors, BSNL and MTNL, to continue placing 30 per cent of their product orders with ITI, the loss-making government undertaking.

Infosys to make 13,000 campus offers next year
Infosys Technologies, India’s second largest information technology services company, which is an early bird on campuses this year, says it will offer jobs to 13,000 freshers for 2010-11. This is despite the fact that the number of engineering colleges it visits every year for campus recruitment is expected to drop by half as compared with 2007.

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Atlas Acquisition to buy Koosharem Corp for $840 mn
Dabur"s promoter family member Gaurav Burman-led Atlas Acquisition today said it will acquire US-based staffing and employment services company Koosharem Corporation for $840 million (around Rs 3,900 crore) and merge with itself.
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Work starts to check oil spill from sunken vessel

Work on checking oil spill from MV Black Rose, the sunken vessel, has taken off a day after the visit of the high-level expert team from the Centre. - Expert team to probe cause of vessel capsize - Workers" Union demands removal of PPT chief - PPT seeks Centre"s nod for action against owner of sunken vessel - Oil spill from sunken ship raises pollution concerns - State asks OSDMA, pollution board to prevent oil spillage - Apex court sets aside HC order on Paradip Port The work has been awarded to J Enterprises and Divers Ltd, a Visakhapatnam-based agency, by the authorities of Paradeep Port Trust (PPT). Sources said oil started oozing out from the vessel from September 21. Environmental experts had warned that oil leakage posed a threat to marine creatures as well as the ecology of Bay of Bengal. Locals and fishermen said oil leakage would kill fishes and crabs along the Paradeep shore. They found a thick layer of greasy black dust on the beach. Later the officials of the Orissa State Pollution Control Board (OSPCB) visited the spot and warned of large scale oil spill from the vessel. OSPCB had directed the PPT authorities and the Indian Coast Guard to take precautionary measures to check environmental and marine pollution. The vessel was loaded with 23, 847 tonnes of iron ore fines, 924 tonnes of furnace oil, 50 tonnes of diesel and 40 tonnes of grease. Meanwhile, a five-member high-level expert team from the Union shipping ministry led by PVK Mohan, director general of shipping, visited Paradeep on Saturday to study the cause of sinking of Black Rose.


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