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EM inflows on the rise
Signs of a deepening recession in the US, Japan and Europe have prompted investors to pull money out of developed-market stocks.

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Karnataka BJP crisis resolved
The week-long political crisis that paralysed the BJP government in Karnataka blew over today following a compromise between the warring sides under which a coordination committee will be formed, a woman minister may be removed and the Speaker inducted into the Cabinet.

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Dubai crisis hits Indian educational institutes
Indian engineering and management institutes, which have set up bases in Dubai, are facing a 13-60 per cent dip in admissions due to the economic crisis in the city, which is one of the seven emirates of the United Arab Emirates (UAE).
Management

Opto Circuits' US arm in supply pact with European firm

Bangalore-based medical diagnostics products maker, Opto Circuits (India) Ltd (OCI) has announced that its wholly-owned US-based subsidiary, Criticare Systems Inc (CSI), has signed a long term supply agreement with a European manufacturer and distributor of medical equipment. Jan cement sales in high double-digit The agreement involves the supply of private label patient monitoring systems by CSI to the European firm as well as cooperation in sales and distribution of anaesthetic gas delivery products in several key markets, both in the United States and Europe. The agreement also seeks to leverage OCI"s manufacturing infrastructure in India for the partner"s non invasive range of products and cooperation in sale and support of such products in the fast growing Indian market, a company press release said.


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