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UN chief encouraged by India's approach towards climate change
Lauding India"s commitment towards reducing its per capita carbon emission, UN Secretary-General Ban Ki-moon today said he was "optimistic" about achieving a deal on climate change at the Copenhagen summit in December.

OBC seeks Rs 1,000 crore support from govt: CMD
Claiming that the Oriental Bank of Commerce (OBC) was in its expansion mode and would open at least 200 new branches every year in the next three fiscals, Chairman-cum-Managing Director of the Bank T Y Prabhu said the bank had sought capital support of Rs 1,000 crore from the government to implement its expansion plan.

News of the day

NTPC files for FPO
Country"s largest power producer NTPC today filed the draft prospectus for its follow-on public offer with market regulator Sebi.
International Business

Wipro settles land deal with West Bengal for second unit

IT giant Wipro today settled the land issue with the West Bengal government for its second unit near Kolkata and would buy 50 acre at Rs 75 crore. - Wipro targets govt contracts abroad - Wipro targets govt contracts abroad - Tech to ride on Volume growth - Symantec, Wipro sign pact to provide new services - Premji Invest close to investing Rs 150 crore in Manipal"s education arm - Wipro looks to reduce its carbon footprints Chairman of Wipro Azim Premji after meeting Chief Minister Buddhadeb Bhattacharjee here, said, "We have settled the land issue with the government." The land price was fixed at Rs 1.5 crore per acre. Both Wipro and Infosys were earlier provided land at West Bengal"s much-touted IT township called Vedic village, but the project was scrapped after it ran into controversy. Later, both Wipro and Infosys were offered alternate land in New Town in Rajarhat near the metropolis but Infosys is yet to respond to the offer. Wipro is already running a BPO and technology centre at Salt Lake sector five. Premji said that work on the project would start in 18 months.


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