Hacked UAE bank uses Infosys' software, Gold to open with a bang on Akshaya Tritiya & other top stories from ET

THE ECONOMIC TIMES Sat, May 11, 2013 | 05:35 PM IST Daily Newsletter

Gold to open with a bang on Akshaya Tritiya Jewellers across the country are offering discounts on branded jewellery and making charges and have tied up with banks to offer EMI facility. Kapil Sibal gets additional charge of law ministry, CP Joshi is railway minister While Sibal holds the portfolio of Minister of Communications and IT, CP Joshi is the Minister of Road Transport and Highways.

Story of The Day ATM heist: Hacked UAE bank uses Infosys' software National Bank of RAKBANK of UAE, which was one of the two banks that were defrauded in ATM heist, uses Infy's Finacle banking software. read more

Popular Stories Professor Lord Bhattacharyya: Meet the man who helped Ratan Tata find his successor $45 million stolen from thousands of ATM’s within a few hours, across countries IT slowdown & consumption: Fewer jobs and smaller pay hikes force techies to cut back spends ITC chief YC Deveshwar buys bungalow in tony Delhi area for Rs 85 crore Data traffic grows in India but Internet cos Google, Facebook, Amazon open data centres in Singapore Stress of starting up a venture in India resulting in health issues

Market Watch 11 May | 05:35PM SENSEX 20122.32↑39.70 NIFTY 6107.25↑12.50 USD/INR 54.80↑0.56 GOLD (Rs/10g.) 26987.00↑144.00

Latest Updates Weekly review: Sensex, Nifty at 28-month peak Posting their strongest four- week rally in the current calender year, the benchmark BSE S&P Sensex and NSE CNX Nifty closed at 28-month high. Gold prices down by Rs 125 on sustained selling Gold prices fell by Rs 125 to Rs 27,700 per 10 grams due to sustained selling by stockists on sluggish demand amid a weak global trend. Step up expenditure on research: Pranab Mukherjee President Pranab Mukherjee made a strong pitch to step up expenditure on research in a big way and also asked the private sector to increase their share. Puneites to get weather forecast alerts via SMS The IVR will give the citizens current and 24 hour advance information on air quality and weather just by dialing a toll free number. Alibaba to invest $294 mn in mapping firm AutoNavi The move comes after Alibaba, which competes with Tencent Holidings, acquired an 18 per cent stake in Sina Corp's microblogging service Weibo. 'Russia hasn't yet agreed to extend Cyprus loan' Russia has not yet agreed to extend the terms of its 2.5 billion euro ($3.2 billion) loan to Cyprus, Russia's deputy finance minister said on Saturday.

Gainers Losers 11 May, 2013, 05:35PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Shree Rama Multi-Tech Ltd. 6.88 19.86 8715 6.88 6.88 New Delhi Television Ltd. 89.95 19.69 826301 90.15 82.00 RCL Retail Ltd. 12.80 19.63 50000 12.80 12.80 Anil Special Steel Industries Ltd. 5.91 15.20 10017 5.99 5.25 Action Construction Equipment Ltd. 15.05 14.89 1403773 15.70 13.55

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