Boat carrying Myanmar aid sinks; toll climbs beyond 28,000 A Red Cross boat carrying rice and drinking water for cyclone victims sank Sunday, while the death toll jumped to more than 28,000 and aid groups warned of a humanitarian catastrophe. 11 May 2008
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Change needed at US prison: Red Cross The Red Cross criticized the way the U.S. handles prisoners at the highly secretive Bagram military base, urging reforms Monday that would allow detainees to introduce testimony in their defense. 16 Apr 2008
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Bangladesh cyclone death toll tops 2300, many missing Grieving survivors and rescuers picked through the rubble left in the wake of a cyclone that battered Bangladesh as the death toll reached over 2,300 on Sunday and a government official declared the disaster "a national calamity." 18 Nov 2007
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Koreans stranded since 1945 finally find home Korean Park Jung-ja spent the first six decades of her life on wind-swept Sakhalin, the bad breaks of the Cold War making her a citizen of nowhere. Now, she has finally found a home in suburban Seoul. 28 Oct 2007
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Essar to invest $300 million, to set up 2500 'The MobileStore' outlets across India India's leading business conglomerate, the Essar Group has announced an investmant plan of $300 million (Rs. 1,200 crore) over the next three years to ramp up its telecom retail venture and set up 2500 outlets – 'The MobileStore' – across the country. 30 Aug 2007
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India's largest overseas IT acquisition: Wipro buys Infocrossing for $600 million Wipro Technologies, the global IT services business of Wipro Limited and the country's third largest software exporter, has agreed to acquire US-based, Nasdaq-listed outsourcing firm Infocrossing Inc., provider of IT infrastructure management, enterprise application and business process outsourcing services, for approximately $600 million (around Rs. 2,400 crore) in an all-cash deal, which, if it succeeds, will be the largest ever overseas acquisition by an Indian company in the information technology (IT) space. 27 Aug 2007
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Indian IT industry crosses $50 billion in revenue: Dataquest India's information technology (IT) industry has crossed the $50 billion mark in FY07 with the top 20 IT players recording the highest growth rate in the millennium by recording 44.3 percent growth rate, a study by CyberMedia group's flagship publication Dataquest has revealed. 19 Aug 2007
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Reliance Mutual Fund crosses Rs. 50,000 crore mark Anil Dhirubhai Ambani group (ADAG) firm Reliance Mutual Fund has consolidated its position as India's largest mutual fund house with its assets crossing Rs. 50,000 crore level, May 10. 13 May 2007
Adobe CEO doubtful about Silverlight's cross-platform compatibility Bruce Chizen, the head of Adobe Systems Inc., has raised questions about Microsoft Corp.'s latest offering Silverlight, touted as a response to Adobe's popular Flash player, saying that Microsoft "historically, has never demonstrated a commitment to maintaining a cross platform solution." 20 Apr 2007
