Megaupload crack down sparks concerns over cloud computing

The crackdown by the FBI of Megaupload for copyright infringement, which affected many users who were using the site for legitimate distribution of files, has sparked concerns across the world about reliability of similar cloud computing services.

Users are concerned over the crackdown as there site could be the next in line to be closed down by the authorities, which are actively checking violations online. Some of the leading service providers have tried to convince their users that their services are reliable will not be affected.

HP to offer webOS source code under open source license

HP to offer webOS source code under open source license Computing giant, Hewlett-Packard is planning to offer its webOS source code under an open-source license in September 2012, a move aimed at infusing new life into the platform.

HP is also planning to release the new version 2.0 of Enyo webOS developer tool as part of its overhaul of the platform. The new tool will allow developers to create applications that are supported on a wide range of mobile devise and desktop internet browsers.

Julia Squire resigns from Mid Yorkshire Hospitals NHS Trust

Julia Squire resigns from Mid Yorkshire Hospitals NHS TrustJulia Squire, who worked as the chief executive of the troubled Mid Yorkshire Hospitals NHS Trust have resigned and will now work at a position in the NHS Confederation.

The Mid Yorkshire Hospitals NHS Trust has faced mounting criticism over the closure of its A&E department at Pontefract hospital. The resignation comes at a time when the trust is facing criticism the management of its finances.

Heart attack related deaths halved since 2002, study

Heart attack related deaths halved since 2002, study According to a new study, the number of deaths linked to heart attacks has halved since 2002 and part of the reason is that people's hearts are getting stronger.

People in the country are suffering fewer heart attacks than earlier and fewer of them are fatal. Factors such as avoiding smoking, eating a healthy diet, cutting cholesterol and lowering blood pressure not only reduces the risks of heart attacks but also ensures that if they occur they are not life threatening.

Finance ministry considering higher taxes on diesel vehicles

Finance ministry considering higher taxes on diesel vehicles India's Union finance ministry is considering imposing higher excise duty on diesel vehicles in the upcoming budget in order to help oil retailers reduce the amount losses incurred while selling diesel at government-controlled rates.

I have tasted blood, now don't know what next: Karan Johar

I have tasted blood, now don't know what next: Karan JoharMumbai Jan 28 - The beginning of the year saw the biggest opening ever. Karan Johar's "Agneepath" has set a new record on its opening day and promises to pick up in the weekend like never before.

Apparently, the team of Agneepath gathered on the set of Yash Raj to celebrate the success with the media. Unlike, Karan Johar's other love stories, Agneepath seemed to have more brawl and violence in it.

R-Power ties up with RWE Power for coal extraction

R-Power ties up with RWE Power for coal extractionReliance Power led by Anil Ambani has entered into an agreement with Germany’s RWE Power International for technical assistance in extracting coal from its captive mines of the Tilaiya ultra-mega power project in Jharkhand.

RWE Power is the biggest coal miner in Germany and is among the biggest energy utility companies in the whole of Europe. RWE will assist the Indian company in designing and planning engineering aspects for its captive mine and will also help in acquiring equipment.

Dow will remain Olympics sponsor, says London organizers

Dow will remain Olympics sponsor, says London organizersThe Organisisng Committee for the London Olympics 2012 has said that Dow Chemicals will remain as a sponsor for the mega sporting event that will be held in the British Capital this year, according to media reports.

The chief executive of London Olympics Organisisng Committee (Locog) expressed that the organizers are fine with the company remaining as a sponsor for the event. It also suggested that the responsibility for cleaning Bhopal, which was the site of the major industrial accident, rests with the authorities in India.

Ranbaxy shares falls 7 per cent following a consent decree in US court

Ranbaxy shares falls 7 per cent following a consent decree in US courtThe shares of Indian pharmaceutical major, Ranbaxy fell about 7 per cent following the filing of a consent decree in a US court, which required the company to make fundamental changes to its plants in India and in the US.

The US Justice Department filed the consent decree in court yesterday requiring the Indian firm to comply with US manufacturing standards and ensure integrity of data in its plants in India as well as the US.

Essar and Loop officials fail to appear for 2G scam case hearing

Essar and Loop officials fail to appear for 2G scam case hearingFive senior executives of Essar and Loop Telecom, who are accused in the 2G spam, did not appear in the Delhi court on Friday for a scheduled hearing.

Essar Promoter Director Anshuman Ruia, Essar Vice Chairman Ravi Ruia, Essar Group Director (Strategy & Planning) Vikas Saraf, Loop Telecom's Kiran Khaitan and IP Khaitan are the five executives who failed to show up at the court, where they were expected on Friday.

NTPC gets clearance from MoEF for Kudgi Power Project

NTPC gets clearance from MoEF for Kudgi Power ProjectPower major, NTPC Ltd has said that it has received clearance from the union ministry of environment and forests (MoEF) for the 3x800 MW Kudgi Super Thermal Power Project Stage-I.

The project is being set up in Bijapur district of the southern state of Karnataka. The Board of Directors of the state run company cleared investment proposal amounting to Rs 15,166 crore for the project, it said in a statement.

David Dhawan proud of Katrina's 'Chikhni chameli'

David Dhawan proud of Katrina's 'Chikhni chameli'Mumbai, Jan 27 : Director David Dhawan, who worked with Katrina Kaif in "Maine Pyaar Kyun Kiya?", is impressed with the actress' "Chikni chameli" act, and is happy with the success of the song.

The director says he is happier because he credits himself for pioneering not just the trend of raunchy item songs, but also Katrina's career in commercial cinema.

"I started the trend of raunchy item songs with 'Sarkaiyee lo khatiya jaada lage' in 'Raja Babu'. And now look where it has gone," said Dhawan.

Commodity Trading Tips for Mustardseed by KediaCommodity

Commodity Trading Tips for Mustardseed by KediaCommodity Mustardseed yesterday traded with the negative node and settled -0.3% down at 3388 tracking weakness in spot market demand. Lower acreage and depleted stocks might help the prices to recover as the day progresses. Pre production estimates are lower at lower than last year at 65-70 lakh bags which might help the prices to remain positive in near term. Sowing acreage of Rabi oilseeds in India was 7.8 million hectare as compared to 8.31 million hectare a year ago on 23/12/2011.

Commodity Trading Tips for Wheat by KediaCommodity

Commodity Trading Tips for Wheat by KediaCommodityWheat yesterday settled flat due to subdued domestic demand amid higher stocks from the fresh crop. Wheat sowing has been completed in most of the areas and conducive weather condition could help in harvesting record output for the second straight year. Wheat acreage was 27.6 million hectares until Dec. 30, since the sowing season began on Oct. 1, as against 27.7 million hectares in the previous year, data showed.

Commodity Trading Tips for Crude Palm oil by KediaCommodity

Commodity Trading Tips for Crude Palm oil by KediaCommodityCrude Palm oil yesterday traded with the positive node and settled 0.17% up at 526.4 as traders focused on dry South American weather affecting soy yields, although concerns of a looming Greek debt default curbed gains. Investors shifted their focus to the U. S. Federal Reserve that is expected to keep interest rates at ultra-low levels at the end of a two-day meeting on Wednesday, potentially weakening the U. S. dollar. But strong demand in the cash market after the Lunar New Year holidays supported the futures market which has made little headway so far this year.

Commodity Trading Tips for Ref Soyaoil by KediaCommodity

Commodity Trading Tips for Ref Soyaoil by KediaCommodityRef Soyaoil yesterday traded with the positive node and settled 0.21% up at 707.65 but gains were limited as reports of ban of Indian meal by China weighed on gains. Beijing halted imports of oilmeals from India after it found a hazardous chemical in the product last year, an Indian trade body said, threatening about half of India's rapeseed exports. Arrivals of oilseeds have gone down in local spot markets. India imports edible oils mainly in the form of palm oil from Malaysia and Indonesia.

Commodity Trading Tips for Aluminium by KediaCommodity

Commodity Trading Tips for Aluminium by KediaCommodityAluminium yesterday traded with the positive node and settled 0.27% up at 111.1 but still pressure can be seen on Aluminium as the cuts are not enough to offset oversupply, Aluminium stocks hit record high, rise above 5 million. Stockpiles of aluminium held in LME warehouses, on the other hand, hit a record above 5 million tonnes. The build-up was due to large shipments into the Dutch port of Vlissingen and also into Detroit and came as the LME's January contract rolled over. The LME allows physical settlement of contracts.

Commodity Trading Tips for Natural gas by KediaCommodity

Commodity Trading Tips for Natural gas by KediaCommodityNatural gas yesterday traded with the positive node and settled 4.19% up at 134.2 on short covering ahead of expiry of january contract also market in advance taken support of significant supply decline last week. The US EIA stated in its weekly report that natural gas storage in the US dropped by 192mcf , after declining by 87 million cubic feet the week before. The market shrugged off earlier word of Chesapeake Energy stating it will immediately cut 8% of production and said it will cut its activity in regions that produce only gas in half by the second quarter.

Commodity Trading Tips for Jeera by KediaCommodity

Commodity Trading Tips for Jeera by KediaCommodityJeera February contract dropped Rs 115 and settled at Rs 15844 per quintal as an increase in area under cultivation and conducive weather conditions raised expectations of higher production, with the approaching arrival season also weighing on prices. Jeera is cultivated during winter from October to December and harvesting starts from February. Weather is favourable for the crop. Harvesting will start from February and supplies are expected to increase after that. Traders expect higher production in 2012 because of increased area under cultivation in Gujarat.

Commodity Trading Tips for Turmeric by KediaCommodity

Commodity Trading Tips for Turmeric by KediaCommodityTurmeric settled flat due to thin supplies from the new crop as farmers hoped prices would rise, while prospects of a bumper crop and expectations supplies would increase in coming days restricted the gains. Arrivals from the new crop is very thin farmers are holding back on hopes of better prices. Turmeric cultivation in India usually starts by the end of May and continues until August and a lengthy harvesting season begins in January. Rising demand for good quality finger Turmeric is likely to support the trend across the spot markets.

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