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Mauj on Red Herrings Asia 100 winners list

Mauj on Red Herrings Asia 100 winners list Leading wireless solutions firm Mauj Telecom has emerged as tech magazine Red Herrings Asia 100 winner. Red Herrings list recognises promising technology companies in the region and is a part of the magazines tradition of identifying new and innovative firms and entrepreneurs, according to an official statement by Mauj. The company, which operates from Mumbai, Delhi, Chennai, Dubai, London and New York, and has Sequoia, Intel among its investors, was selected from over 600 submissions for the listing. It was based on parameters such as financial data and subjective criteria like the quality

Property firms drive shares

Property firms drive shares HONG KONG Asian stocks rose on Tuesday, with a regional index touching its highest level in more than five years. Property companies led the Japanese market higher after Mori Trust said it was holding talks to sell buildings in central Tokyo to American International Group. AIG's plan to buy Mori Trust properties "has become the trigger to buy property stocks," said Hideyuki Ookoshi, fund manager at Chiba-gin Asset Management. "That's even leading to optimism for other companies that own a lot of land." The Morgan Stanley Capital International Asia-Pacific index advanced 0.73 point to 121.31 in Tokyo, its

Autos drive European shares down

Autos drive European shares down European shares ended lower on Friday but U.S. data showing strong economic growth and softer inflation helped the market pare losses from car and technology stocks after disappointing earnings. A below-forecast profit rise pounded Volkswagen shares 5.4 percent lower, dragging down the sector, while a lower-than-expected profit and forecasts from tech bellwether Microsoft hit European peers such as SAP. But pharmaceutical stocks shone for a second session as a panel of European experts backed the use of Sanofi-Aventiss anti-obesity pill Acomplia, the French groups biggest new drug hope, while GlaxoSmithKline basked in broker upgrades a day after the

Japan are the champions of Asia

Japan are the champions of Asia Japan beat Korea to take their title from them and Chinese Taipei beat Thailand and so qualified for the IRB's Under-19 Championship in Dubai in April 2006. Japan beat the holders of the title Korea. Both teams will be in Dubai, Japan in Division A and Korea in Division B. There was one Asian place left, and that has now been filled by Chinese Taipei. It was Japans first victory over Korea in a drought going back three years to 2003 . Their performance in the Asian regional qualifier

Bush Lauds Iraqis, Heads to South Asia

Bush Lauds Iraqis, Heads to South Asia President Bush praised Iraqis' "defiance of the terrorists and the killers" before embarking Tuesday on a ties-strengthening visit to South Asia where the war on terror is often close at hand and which is the presumed hiding place of Osama bin Laden. With a wave but no words, Bush left for India, Pakistan and, possibly, Afghanistan exiting Washington for five days at a time of turmoil for his presidency. A new CBS poll shows Bush's approval rating dropped to 34 percent from 42 percent in January. In recent days alone, Bush has been confronted