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Headlines Now
INTERNATIONAL
Koizumi vows to go ahead with financial reforms
Tokyo: Prime Minister Junichiro Koizumi on February 4 vowed to press on with financial reforms despite a dramatic fall-off in public support, and urged people to show the perseverance that helped Japan recover from World War.

Enron chief refuses testimony, hearing cancelled
Washington: A US Senate panel has cancelled its hearing on the collapse of energy giant Enron because the company's former chief executive, Kenneth Lay, had refused to appear.

Aid to Third World must increase: WEF
New York: Government ministers summing up discussion at the World Economic Forum (WEF) on February 3 said that there was a consensus that official aid to the Third World must increase but trade could do more to reduce poverty.

NATIONAL
Annan’s speech to mark end of WEF meet in NY
New York: As the global business and political elite wind up a five-day meeting here with a speech by UN Secretary General Kofi Annan, activists meeting in Brazil for an alternative summit urge the creation of a democratic mediation mechanism to deal with conflicts.

PSUs in limelight, SENSEX closes 16.91 pts lower
Mumbai: Despite a sustained rally in Public Sector Undertaking (PSU) shares, the SENSEX fell by 16.91 points to close at 3317.01 at the Bombay Stock Exchange (BSE) on February 4, driven down by a heavy sell-off in software counters.

Growth in economy reverses declining BCI
New Delhi: The Business Confidence Index (BCI) has reversed its decline to grow 2.4 per cent between October and January this fiscal, thus indicating economic recovery, according to the National Council of Applied Economic Research (NCAER).

EPCOS to move manufacturing operations to India
Bangalore: EPCOS, said to be world's number one broadliner in passive electronic components, on February 4 announced it would re-locate further manufacturing operations from Europe to India.

SAMEER to certify receivers for WorldSpace Corp
Bangalore: WorldSpace Corporation has announced it has entered into an agreement with the Society for Applied Microwave Electronics Engineering (SAMEER), Chennai for inspection and certification of WorldSpace receivers produced by electronics manufacturers from all over the world.

PSU counters in limelight at BSE, SENSEX stable
Mumbai: Public Sector Understandings (PSUs) counters were in limelight at opening session on Bombay Stock Exchange (BSE) on February 4 following speculative buying on hopes of privatisation.