Weekly news updates6

Submitted by:Puneet kaurMba-Ib(2)

Infosys CEO says seeking to expand in south korea

• Infosys Technologies Ltd said on Tuesday it was exploring opportunities to expand its business in South Korea.

“Climate friendly crops” can help fight global warming:study

• American scientists have found a new way to offset the effects of global warming -- by planting "climate friendly" crops like wheat that reflect some amount of sunlight back into space.

Republican wants to keep global warming committee

• A leading House Republican climate skeptic on Monday called for his party to preserve a global warming committee created by Democrats so Republicans can use it to rein in the Obama administration on the issue.

New accounting norms for retirement benefits

• Government will now allow firms not to show the effect directly in their books of accounts but reflect them separately in a reserve account, said an official in the government, requesting anonymity.

Mfs investment:make payment online

• Online investment in mutual funds has picked up after the abolition of entry load by the Securities and Exchange Board of India (SEBI) more than a year ago.