Banks and saving institutions in the US appear headed for their first overall quarterly loss since 1990, as troubled loans pile up faster than the federal government's unprecedented efforts to aid the battered industry, a media report said.
Private sector has continued to look at outsourcing and offshoring, despite government's measures.
The Indo-Scottish duo beat Juan Monaco and Todd Perry 7-6(1), 6-7(5), 10-3.
Britain's Andy Murray continued his imperious run of form with a 6-1, 6-1 demolition of Kazakhstan's Andrey Golubev to win the St Petersburg Open on Sunday. The 21-year-old Scot, who won his second Masters Series title in Madrid last week, took just 56 minutes to dispatch the qualifier and win his fifth title of the year.
Andy Murray cruised to his second successive Masters Series title by blasting France's Gilles Simon out of the Madrid Masters 6-4, 7-6.
Russia's Dinara Safina said the players were unhappy with the changes being made to the 2009 WTA Tour schedule.
The Indo-Pak team defeated Jesse Huta Galung of the Netherlands and Michael Ryderstedt of Sweden in the final of the grass court event.
Serena Williams has withdrawn from next week's Stanford Classic due to a thumb injury, organisers said on Thursday.
Switzerland's Patty Schnyder defeated Austrian teenager Tamira Paszek 6-3, 6-0 on Sunday to win the Bali Classic.
British sixth seed Andy Murray stormed into the quarter-finals of the US Open for the first time with a 6-1 6-3 6-3 demolition of Swiss 10th seed Stanislas Wawrinka on Monday.
But MNCs like IBM, Accenture, CSC and HP likely to get affected more.
Rafael Nadal will try to match his new status as world number one with his first US Open title.
Andy Murray, Venus Williams and Kim Clijsters romped through to the next round on Friday at the US Open.
Spaniard Rafael Nadal claimed to the No 1 position in the ATP Rankings on Monday, replacing his great rival Roger Federer of Switzerland, who had held the top spot for a record 237 consecutive weeks (since February 2, 2004). On the Indian front, Somdev Devvarman continued his ascent in the rankings, breaking into the top-250 after a quarter-final finish at the Legg Mason Tennis Classic.
Roger Federer is bidding for an Olympic medal in Beijing to make up for what has been a barren year.
Mahesh Bhupathi and his partner Mark Knowles of The Bahamas squandered a match point en route to an agonising three-set loss to top seeds Bob and Mike Bryan in the semi-finals of the ATP Cincinnati Masters. The fourth seeded Indo-Bahamian pair went down 4-6, 7-6 (7), 10-8 to the American brothers, who booked their third successive final berth in the US $ 2,615,000 event.
Rafael Nadal guaranteed he would top the world rankings with a 7-6, 6-1 victory over Ecuador's Nicolas Lapentti in the quarter-finals of the Cincinnati Masters.
Roger Federer's reign as world number one could end this week after he was beaten 7-6, 4-6, 7-6 by Croatian Ivo Karlovic in the third round of the Cincinnati Masters.
Rafael Nadal sent another message that he has the world number one ranking in his sight as he began his campaign to win his sixth successive title by equalling his most emphatic victory on the ATP Tour. A superb performance of heavy serving and varied follow-ups from the baseline by the Wimbledon and French Open champion overwhelmed Florent Serra 6-0, 6-1 and carried the Spaniard to the third round of the Cincinnati Masters Series.
Leander Paes and Mahesh Bhupathi easily advanced to the quarter-finals of the US $ 2,615,000 Cincinnati Masters tournaments along with their respective partners. The sixth seeded pair of Paes and Lukas Dlouhy of the Czech Republic defeated Ivo Karlovic of Croatia and Rogier Wassen of Netherlands 6-4, 6-2 in the second round. Meanwhile, Bhupathi and his Bahamian partner Mark Knowles got a walkover from Czech pair Tomas Berdych and Radek Stepanek.
Women's tennis will get a 40 percent pay raise next year along with bigger fines, suspensions and responsibility for the leading players.
Roger Federer came close to suffering three successive losses for the first time in five years before scrambling to a 6-7, 7-6, 6-0 win over Robbie Ginepri at the Cincinnati Masters Series on Tuesday. Federer was staring defeat in the face when he lost his serve to go 5-6 down in the second set, but Ginepri, an American ranked down at 64 in the world, did not quite have what it took to close the match out.
Indian Davis Cupper Rohan Bopanna and his American partner James Cerretani crashed out of the $ 2,615,000 Cincinnati Masters tournament after suffering a straight sets defeat in the first round.
Rafael Nadal continued his drive towards Roger Federer's number one ranking with a 6-3, 6-2 win over Nicolas Kiefer in the Toronto Masters final on Sunday. Nadal, playing his first event since an epic five-set victory over Federer in the Wimbledon final on July 6, claimed his seventh title in 2008 by winning his fifth final in a row since mid-May.
Serb Jelena Jankovic has rediscovered her form in time for the U.S. Open, while compatriot and fellow former world number one Ana Ivanovic is still looking to turn her season round.
The ATP computer says otherwise but Boris Becker believes Rafael Nadal has already replaced Roger Federer as the world number one.
Roger Federer and Andy Murray moved towards a likely showdown at the Cincinnati Masters on Thursday while Rafael Nadal took another encouraging step on his return from injury by joining them in the quarter-finals. Fourth seed Novak Djokovic also reached the last eight with a 7-5, 6-3 win over Jeremy Chardy of France.
Susi Ganesan's Tamil movie and its Telugu version Mallana starring Vikram and Shriya are going to be released simultaneously on the 21st August not only in India but throughout the world.
Ninth seed Gilles Simon booked his place in the third round of the Cincinnati Masters on Tuesday after a 7-6, 6-7, 6-1 win over Russian Igor Andreev.
Kim Clijsters' brilliant comeback continued at the Cincinnati Open with a 6-4, 4-6, 6-2 win over French Open champion Svetlana Kuznetsova on Thursday, but the Williams sisters both fell at the third round hurdle. Second seed Serena, struggling with a virus, lost 7-5, 6-4 to Austria's Sybille Bammer while in-form Italian Flavia Pennetta ended the hopes of third seed Venus with a 7-6, 6-4 victory.
President George W Bush has appointed Dr Sambhu N Banik of Bethesda, Maryland as a member of the President's Committee of People with Intellectual Disabilities, to serve out the remainder of a two-year term, which is expiring in May 2009. Banik is a noted clinical psychologist and a professor of psychology and counseling at Bowie State University in Maryland.
Roger Federer began his quest for a modern-era record sixth consecutive Wimbledon title with a 6-3, 6-2, 6-2 demolition of Slovakia's Dominik Hrbaty.
India's largest IT firm Tata Consultancy Services (TCS) will not announce a cut in variable pay of its employees this year , despite the company reporting a negative net profit on sequential basis.Last quarter, the company had announced a reduction in its staff variable pay as it did not achieve the internal targets.
A reader shares his photograph with Nobel Laureate Amartya Sen.
Country's largest software exporter Tata Consultancy Services on Tuesday said it has set up a software development and delivery center in North America with a capacity of 1,000 seats to cater to the customers there. The center located in Milford, Ohio, a suburb of Cincinnati, can accommodate up to 1,000 associates, TCS said in a statement. Cincinnati and the Ohio region met all TCS' criteria in terms of proximity to customers, strong talent pool and 10 Fortune 500 Companies.
The seventh seeds beat Mark Knowles and Daniel Nestor to advance to the last four of the Cincinnati Masters.
the researchers came to the conclusion after analysing data on the self-reported levels of sexual activity and happiness of 16,000 people.
The Indian tennis ace hopes to finish in the top 20 next season.
Tata Consultancy Services America was awarded a $2.5 million Rapid Outreach Grant by the Ohio government to aid businesses growth and job-creation.
'I find it very hard to play her. She is very hard for a lot of players,' said the 20-year-old Indian after losing to the Russian.
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