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DMC I'nal buys 10 pc into Jaaydaad.com

New Delhi, Jan 4: Safety solution provider DMC International today made a strategic investment of Rs 3.3 crore by buying a 10 per cent stake of the latter.

According to agreement signed here, Jaaydaad.com will provide suggestions to DMC International, which has recently diversified into real estate as a developer, in addition to marketing its constructions.

''Jaaydaad.com is in the field for quite sometime now and can provide expert opinion and marketing services in the field of real estate,'' DMC International Chairman P K Awasthi told reporters.

Jaaydaad.com is compiling a dictionary of real estate called Jaaydaadnama, which will include extensive listings of real-estate properties and suppliers.

It also plans to set up Jaaydaad University, which will be the first real estate academy in the country.


UNI

White House asks Iran to comply on nuclear prog

Crawford (Texas), Dec 28: The White House said further non-compliance by Iran on its nuclear program would only ''worsen its situation'' in the international community and lead to a downward spiral for its people. The comment came after Iran's parliament passed a bill obliging the government to ''revise'' the level of its cooperation with the International Atomic Energy Agency nuclear watchdog, and President Mahmoud Ahmadinejad's government to ''accelerate Iran's nuclear activities.'' The UN Security Council.....
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