From: "MANUJI CHAUBEY" <manuji@powergridindia.com> Date: Wed Feb 23, 2005 10:40am Subject: News-Economics Hi!

Hereby I am sending the Main news lines of the fortnight: 1. Hewlett Packard Company ousted Chairman & CEO Carly Florina. HP Chief finance officer Robert Wayman was named CEO on an interim basis. 2. Hyundai Motor India Limited is setting it's second car manufacturing plant in Chennai. First plant was at Irungaaatukotai, near Chennai. MHIL has emerged as 2nd largest car manufacturer. 3. After the launch of Airbus-A380, the craft having maximum passenger carrying capacity, Boeing unveiled its 777200LR(long range) airliner, capable of flying 17,446 km at a stretch. 4. IDBI Chief M. Damodaran will be the new chairman of the Securities and Exchange Board of India(SEBI). He will succeed GN Bajpai. 5. Government lines up 44 companies for sell-off. Those PSUs in which government holding is almost 100% may be first on the divestment block. 6. IIMs see a rush of companies at lateral placements HM-A IIM-C bag 32 foreign placements. Manuji Chaubey Executive Trainee Contract Services, Corporate Office Power Grid Corporation of India Limited, Gurgaon. Office Phone No. (0124)2571700-719 Ext. 2351 Mobile No. 09810214280

============================= From: Aakash Gupta <aakashgupta_alg@yahoo.com> Date: Sun Feb 27, 2005 11:09am Subject: news snippets - space hi This is my contribution to the 'news' initiative that was taken up by you As I had promised to volunteer for the Science(space) section , following is the article. As this is the first article ,I have added an introduction to it . ----------------article starts from below-----------

"The Next Frontier" Historically there were many steps in human evolution. Probably the first step was when man started walking on his two feet. The change in man from being a hunter and a gatherer to a farmer was another of those steps. From then on the invention of the wheel , the steam engine, electricity, the telephone, the micro-controller, the Internet, all these were steps that marked the further evolution of modern human being, into the most dominant species on this earth. Furthermore it was man's desire to explore and adapt that ensured that he survived the many ice ages and nature's vagaries. And now as we move forward into the future ,we need new regions to explore , and those next frontiers are in -SPACE. This month we saw * NASA got a warning that it should not become complacent , just because it's computer simulation indicate that everything is fine http://www.newscientist.com/article.ns?id=mg18524853.800 * Features very similar to the one observed on earth are being noticed on Titan . http://www.wired.com/news/space/0,2697,66643,00.html * It seems solar systems can also be formed around brown dwarfs . Brown dwarfs can be considered as dead stars as large as planet Earth http://www.newscientist.com/article.ns?id=mg18524864.500 * Remember in ancient times , men started navigating the seas by using sails to harness the power of the wind. Now men are planning to use solar sails to navigate space. http://observer.guardian.co.uk/international/story/ 0,6903,1426322,00.html * Hubble is being scrapped , because NASA doesn't have the finances to keep maintaining it. http://www.wired.com/news/space/0,2697,66529,00.html * and not the least you can read about how on the 27th of December the brightest blast in space was observed. http://www.msnbc.msn.com/id/6994277/