WELLINGTON - Armed officers rescued a German woman who flew to Dunedin to meet a man she befriended online from what the New Zealand police described as a 'dangerous situation', a newspaper reported Monday.

BANGALORE - The National Association of Software and Services Companies (Nasscom) Monday urged the government to expedite spending of allocated funds on IT projects to stimulate the domestic market.

NEW DELHI - The communications ministry may expect the auction of scarce 3G spectrum to fetch Rs.30,000-Rs.40,000 crore ($6-8 billion), but the interim budget for 2009-10 has projected no more than Rs.20,000 crore ($4 billion) on that count.

HYDERABAD - The Satyam fraud investigation has been been handed over to the Central Bureau of Investigation (CBI), Corporate Affairs Minister P.C. Gupta said here Monday.

BANGALORE - Infosys Technologies vice-chairman Nandan M. Nilekani Monday admitted that the global economic meltdown has affected hiring in India's IT industry.