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Letters: National shame I
If after 25 years of the Bhopal tragedy, just half the relief funds have been distributed to those affected, this is a matter of national shame. As “Night without end”, December 4, points out, this was after the compensation asked for was also very low — while the number of dead is 20,000 and those affected is 570,000, the compensation was fixed on the assumption that the figures were 3,000 and 105,000, respectively.

NSE, BSE to open at 9 am from Friday
Minutes after the National Stock Exchange (NSE) announced that it would start equity trading from 9 am from Friday (December 18), rival Bombay Stock Exchange (BSE) followed suit.

News of the day

India's steel consumption up by 5.7% in April-Sep period
India"s steel consumption rose by 5.7 per cent to 26.49 million tonnes in the first six months of the current fiscal over the same period a year ago on account of improved demand from sectors like automobile and consumer durables.
Public Relations

New order boosts HCL Tech

HCL Technologies closed at Rs 355, higher by Rs 6 or 1%, on the BSE. It opened at Rs 350 and touched a high of Rs 357 and a low of Rs 349 during the day. The stock saw trading volumes of 517,850 shares as against the 2-week average of 172,036 shares. - Kiri Dyes races ahead on acquisition news - Alok rises on Dawn Mills deal - HCL tech bags deal from News Corp Arm - HCL Tech bags 5-yr deal from News Corp arm - HCL inks tech infrastructure pact with Newscorp arm - Bharat Forge rides on the nuclear bandwagon ______________________________________________________________ (Updated at 1042 am) Information technology major HCL Technologies has moved up after entering into a multi-million pound, five-year technology infrastructure management and transformation engagement with News International, a British subsidiary of News Corporation. The stock is trading at Rs 357, up by Rs 8 or 2%, on the BSE. This also happens to be the 52-week high for the stock. HCL will manage and transform News International’s datacentre and network environments by migrating operating systems. This will involve transformation projects such as migrating operating systems to lower cost industry standard solutions, business continuity improvements and virtualisation, consolidation and standardisation of storage and servers. HCL Technologies is already working with other News Corporation companies for their technology infrastructure management requirements.


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