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Zylog plans Rs 500 cr infra spend, eyes Singapore firm
Chennai-based Zylog Systems is planning to invest around Rs 400-500 crore to create infrastructures which would support its plan to bag government projects. The company is also in the final stage of acquiring a company in Singapore, which offers solutions for various e-governance and public utility services. Besides the company is also starting a pilot to give internet through towers.

Pravasi meet begins, property-related issues dominate Day 1
A plethora of issues ranging from cheating by builders to complexities involved in succession and inheritance of properties dominated the first day of the annual Pravasi Bhartiya Divas attended by nearly 1,500 delegates from over 40 countries.

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US FDA say GSK vaccine blocks cancer virus
The US Food and Drug Administration says a vaccine from GlaxoSmithKline successfully blocks the virus that causes most cases of cervical cancer.
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Clinton to embark on seven-nation African safari in August

Secretary of State Hillary Clinton will embark on a seven-nation African Safari next week as part of Obama Administration"s commitment to make Africa a priority in the US foreign policy. - US open to conditional talks with North Korea - Iran insists it has no plans to build nuclear weapons - US forged most comprehensive engagement with India: Clinton - Bharti, MTN officials meet DoT secy to explain deal - Vodafone Q1 revenues climb 9%; sees strong growth in India - Clinton set the pace for Indo-US relationship: State dept Just back from her second trip to Asia, with stops in India and Thailand, Clinton will virtually crisscross the African continent beginning August 5, to reach out to African people as promised by the president Barack Obama. Clinton will visit Kenya, South Africa, Angola, Congo, Nigeria, Liberia and Cape Verde as part of her visit. Obama was himself in Ghana early this month. "This trip will highlight the Obama administration"s commitment to making Africa a priority in US foreign policy. This will be the earliest in any US administration that both the President and the Secretary of State have visited Africa," said Ian Kelly, the State Department spokesman. Nairobi, the Kenyan capital, will be Clinton"s first stopover; where she will attend the 8th US – SubSaharan Africa Trade and Economic Cooperation Forum (known as the AGOA Forum). While in Kenya, Clinton will discuss new approaches to development, including an emphasis on investment and broad-based economic growth. She will be joined in Kenya by Secretary of Agriculture Tom Vilsack; US Trade Representative Ron Kirk, and Assistant Secretary for African Affairs Johnnie Carson.


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