Saturday, February 21, 2026

Author: Worldsnap Staff

Business
Worldsnap Staff

Rolta readying $125 m warchest

Rolta India, the geospatial information solution (GIS) firm, aims to earn 20% of its revenues from intellectual property (IP) based solutions. IP’s contribution in the firm’s revenues currently is around 8%.Its third quarter (January-March) FY10 revenue grew 5.1% to Rs 400.5 crore and net profit grew 6.9% to Rs 67.1 crore as against the previous fiscal’s comparable figures. The order-book for the firm at the end of the third quarter stood at Rs 1,770 crore.Rolta will h…

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Mumbai
Worldsnap Staff

Govt to order probe into university 5-star status

The state government will institute an inquiry to find out the culprit(s) behind the false claim that Mumbai University has a five-star rating from the National Assessment and Accreditation Council (Naac). The claim appeared in an advertisement regarding the university’s recently-held convocation ceremony. Higher and technical education minister Rajesh Tope on Thursday said that the government will initiate an inquiry into the matter and also issue a warning to acting vice-chancellor C…

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Business
Worldsnap Staff

Overheating China pricks realty bubble

China on Thursday moved to deflate a frothy property bubble, hours after fresh data elevated concerns of an economy on overboil, with GDP growing 11.9% in the first quarter of 2010. China’s State Council, or the council of ministers, on Thursday stipulated a minimum 30% downpayment on purchase of first homes larger than 90 square metres, and raised the minimum down-payment on second homes to 50% (from 40%). The move came after evidence mounted that property prices, which saw another…

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Cities
Worldsnap Staff

Shiv Sena needs blood to chase world record

The Shiv Sena’s quest for a Guinness record has landed its lower rung leaders in a bloody mess. They have to find blood, lots of it, to remain in the good books of the party leadership. The Sena’s diktat is clear. It wants to collect 25,000 bottles of blood on the occasion of the golden jubilee of Maharashtra and walk into the Guinness Book of World Records. The previous record was set by Dera Sacha Sauda of Sri Ganga Nagar in Punjab, which collected blood from 17,921 donors in 2004.<b…

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Bangalore
Worldsnap Staff

Aravind Limbavali gives VCs a clean chit

Higher education minister Aravind Limbavali on Wednesday patted the vice-chancellors and administrative staff of various universities in the state for their excellent performance. "Vice-chancellors of all state universities are doing a good job," Limbavali told reporters after attending the Dr BR Ambedkar birth anniversary celebrations in Bangalore University(BU).When asked about a recent comment made by governor HR Bhardwaj on the indiscipline prevailing in state universities, L…

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