Twitter is down again

With Twitter.com being down, the Twitter API also appears to be, taking hundreds of twitter apps down with it.

Tantia Constructions - Reliance MF Buys 6.46%

Reliance Mutual Fund A/C Reliance Banking Fund (P) has bought 6.46% stake in Tantia Constructions for an aggregate amount of Rs 130 million.

Reliance Mutual Fund A/C Reliance Banking Fund (P) bought 1million shares of Tantia Construction at Rs 130 million.

Tantia Constructions is engaged in infrastructural construction activities.

Shares of the company gained Rs 21.75, or 16.65%, to settle at Rs 152.35. The total volume of shares traded was 2,542,200 at the BSE (Tuesday).

India's Top Fund Manager Is Leaving Principal - Joining Kotak

Pankaj Tibrewal, manager of India's top performing fund for 2009, is leaving the Indian mutual fund unit of U.S. insurer and asset manager Principal, a top executive told Reuters on Friday.

Tibrewal is joining Kotak Mutual Fund, a source at Kotak and two others at Principal Pnb Asset Management in direct knowledge of the matter said, but declined to be named.

Friday is his last working day at Principal, Rajan Ghotgalkar, the firm's country head for India, said.

"We will be replacing him. We are looking for someone," Ghotgalkar added.

Tibrewal, who manages more than $300 million in eight funds for Principal Pnb Asset Management, guided Principal Emerging Bluechip Fund to a 147.3 percent gain in 2009, according to data from global fund tracker Lipper.