Gawker’s Consumerist blog acquired by Consumers Union

 Consumerist. com, a popular blog on sale since mid-November, has been acquired by Consumers Union, a nonprofit group that publishes Consumer Reports magazine. The financial details of the agreement finalized Wednesday have not yet been divulged. 

Dow Jones and Nasdaq close higher on last trading session of 2008

Dow Jones Industrial Average closed the year 2008 at 8776, up by 108 points. Nasdaq Composite closed 1.7% higher at 1577. During the year 2008, stocks markets across the world witnessed sharp declines. UK’s FTSE, Indian Indices Sensex and Nifty, Japan’s Nikkei and European indices faced biggest losses in several years.

Suzlon Energy raises stake in Repower to 73.71%; pays Euro 65 million

Suzlon Energy Limited (SEL), a leading manufacturer of Wind Turbine Generator (WTG) and the sixth largest company worldwide, has announced the acquisition of the first tranche of Martifer Groups stake in REpower for _65 million.

The latest deal will take Suzlon's holding in REpower to 73.71 per cent.

Punj Lloyd arm picks an order worth S$ 44.70 million

Punj Lloyd Ltd, one of the most dynamic and successful companies in Infrastructure sector in India, has announced that it's Singapore-based subsidiary Simon Carves Singapore Pte. Ltd, has received an order worth Singapore$ 44.70 million from ExxonMobil for engineering-related projects.

Multiple Steroid Doses of No Help to Preemies

Multiple Steroid Doses of No Help to PreemiesA new study published in the medial journal