1.Japan’s NTT Communications has bought a majority stake in data centre services provider Netmagic for about 900 crore
2.Two frontline Tata companies are at different stages of finding successors to their current CEOs, one who retires in June and another who will hang up his boots in October 2013. At Tata Motors, the urgency is palpable as MD of India operations — Prakash Telang — turns 65 in less than six months. The other, Tata Steel, has more time on its hands with MD Hemant Nerurkar still a little over 20 months away from retirement.
3.US President Obama has again raised concerns on outsourcing, urging US firms to bring jobs back home, and revived call for higher tax for the rich.
4.The government on Wednesday conferred the Padma Vibhushan on late cartoonist Mario Miranda and legendary musician Bhupen Hazarika.
5.The scrapped contract between Isro’s commercial arm Antrix and Devas Multimedia to lease bulk transponders has returned to haunt after the government’s decision to bar former Isro chief G Madhavan Nair and four others from holding any government jobs for their role in deal.
6.Manmohan Singh joins political heads in social media by joining twitter
7.L&T Infotech’s US Arm Faces Class Action Suit.Co. is accused of discriminating against female employees

8.The government has amended the KG-D6 contract to formally induct British energy giant BP as 30% partner in India’s biggest gas field, operated by Reliance Industries. The British firm is awaiting formal signing of contracts since August 2011 when the government approved its $7.2-billion deal to acquire a 30% stake in 21 blocks held by RIL.
9.Norway’s Telenor, which retails mobile services under the Uninor brand, has launched its own national long distance (NLD) network through a longterm bandwidth leasing pact with Tata Teleservices (TTSL). The development comes even as Telenor and its JV partner here, Unitech, are involved in a standoff over raising funds for expanding operations.
10.The turmoil in Aircel, post its recent restructuring exercise, has claimed one-more top executive. After the exit of its chief operating officer and chief technology officer, the company’s chief marketing officer Rahul Saighal has now quit.
11.Logix Group is selling four office buildings in Noida to IL&FS Investment Managers, the only listed private equity fund in India, for . 600 crore.
12.Securities Appellate Tribunal (SAT) — a quasi-judicial body — which hears pleas of entities aggrieved by market regulator Securities and Exchange Board of India (Sebi)’s orders, is grappling with a new question: Can it pass orders in the absence of a presiding officer?
13.The finance ministry plans to squeeze nearly . 7,000 crore extra dividend out of state-run companies in the current year and another . 1,500 crore in dividend tax, making up some of the shortfall in disinvestment proceeds. Coal India,Nalco,NMDC on radar.
14.The Department of Industrial Policy and Promotion today said the fifth edition of its consolidated FDI policy document will be released on March 31 to incorporate changes made in the regulations over the past six months. The DIPP is the nodal agency on FDI policy.
15.A reputed Israeli intelligence website Debkafile has claimed that India was opting for gold to repay crude oil supplies from Iran. Given the US and European Union embargo on Iran, payment in hard currency, such as the US dollar or Euro, is very difficult; hence this barter plan.
16.In a major relief for business houses, telecom sector regulator Trai exempted on Wednesday messages generated by and sent to automated technical systems from the 200 SMSs per SIM cap imposed to curb pesky telemarketers.
17.The government’s fiscal headache is getting worse by the day, with the Centre staring at a Rs 1.5-lakh crore hole in its books, nearly three times the level it had anticipated just three months ago.
18.According to Google’s new privacy policy that will come into effect from March 1, the company is “getting rid of over 60 different privacy policies across Google services and replacing them with one that’s shorter, easier to read” and something that will enable it to “create intuitive experience across Google”. Unlike in the past when Google had allowed users to choose personalized services, this time there is no option to opt out. For an end-user this means that whatever information he shares through Google searches, Gmail, Google+, Picassa etc will be used to customize Google services for him. That the move is significant can be gauged from the fact that Google has provided a link to the new policy directly under its search engine on main page, something that the company rarely does. Google users will also be notified about the policy change through an email.
So now be careful..You will be under scanner!
19.Organizers of the 2012 Games have confirmed that every child, including young babies carried by parents, will require their own ticket, even those who hadn’t been conceived when the tickets were purchased.
Really a biggest rip-off in the history of London!please postpone deliveries/pregnancy post olympics.