All-rounder Ravindra Jadeja has been selected in India’s 15-member squad for the Sri Lanka tour while because of a hamstring injury off-spinner Harbhajan Singh had to be left out from the team.

Jadeja was rewarded for his fine performances in the Ranji Trophy in which he scored over 700 runs at over 67 per innings and picked 42 wickets.

However, right hand batsman from Delhi Virat Kohli was dropped from the team announced by BCCI joint secretary Sanjay Jagdale after a meeting of the selectors. Indian skipper MS Dhoni also attended the meeting.

Indian equities opened the day sluggishly following negative global signals.

Among the prominent losers this morning, realty, banking, metal and oil & gas stocks topped the list with sharp losses.

Auto, power, PSU, information technology, telecom, pharma and FMCG stocks were also down.

Mirroring heavy selling action, all the sectoral indices were trading in the red zone with heavy losses.

Sania Mirza breezed into the second round of the Australian Open tournament by getting the better of Marta Domachowhska. The Indian dominated throughout and an improved serve saw her easily overcome the challenge put forth by Marta.

The Hyderabadi girl served with consistency and hit attacking groundstrokes to outplay her opponent, ranked 61 in the world, 6-1, 6-4.

The 22 year old Sania was raced away with the first set in less than half an hour.

Asus has made announcement about the launching of its latest F50 and F70 range of notebooks, which are specifically designed to bring users a variety of multimedia features plus broad multitasking capabilities.

Along with a user friendly interface, the new F50GX and F70Sl have added in some handy extras and features.

Asus claimed ASUS F50GX the company’s thinnest and lightest 16" notebook available in the market.

Stock market analysts have maintained ‘buy’ rating on Entertainment Network stock with a short term target of Rs 191.

The investors can achieve the said target within a period of 4-5 weeks. So they are advised not to sell the stock before achieving this price target.

According to analysts, interested investors can purchase the stock on declines with a stop loss of Rs 163. If the stock market remains positive in the coming days, the next target for the stock will be above Rs 197.
 

Sterlite Technologies Ltd, a part of Sterlite group, has declared the results for the three month period ended December 31, 2008.

The leading global provider of wire and cable solutions for the power and telecom industry has posted a growth of 19.13 per cent in net profit for the three month period, which stood at 314.50 million from Rs 264 million the previous year.

The company was greatly helped by cutting costs and excess inventory, sharp rise in order book plus new customers.