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UCO Bank Q1 net rises 34.03 per cent
State-run UCO Bank today posted a net profit of 34.03 per cent in the first quarter of 2009-10 touching Rs 178.85 crore as compared to the same period in the last fiscal.

SBI eyes $1-bn acquisitions in UK
To make London its European hub.

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Pitroda may be first chancellor of Vedanta varsity
The proposed Vedanta University is likely to get chairman of the Knowledge Commission Sam Pitroda as its first Chancellor, Orissa’s Higher Education minister Debi Prasad Mishra said on Thursday.
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NComputing to double deployments in India this year

US-based provider of low-cost shared computing technology NComputing Inc is aiming at doubling its deployments in India to 400,000 by the end of the calendar 2009. Sensex ends up 35pts NComputing’s software creates virtual independent desktops inside a Windows or Linux PC, enabling up to 30 simultaneous users to run their own applications for Rs 4,000 per seat. Sharma, who was in Hyderabad to participate in ‘e-India 2009’, said the privately-held desktop virtualisation company had a rich product road map on its existing products with more funtionalities and features. “Currently, our devices work on Windows Server 2008. We are now working on adopting more open source software like Ubuntu and developing newer versions of our existing products, which will enable connectivity to USB and more peripheral devices. These products are being rolled out incrementally worldwide and we will be launching them in India in the next one or two quarters,” he said.


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