INTERNATIONAL Ex-Enron CEO to appear before Congress: Report Washington: Former Enron chief executive officer Kenneth Lay will appear before two Congressional panels investigating the scandal-tainted bankruptcy of the energy giant, CNN said on February 6.
NATIONAL Banks must reveal CFS in addition to FS: RBI Mumbai: Reserve Bank of India's working group on consolidated accounting has recommended that all banks, listed or unlisted, should prepare and disclose Consolidated Financial statements (CFS) from fiscal commencing from April 2002, in addition to solo financial statements as present.
SENSEX soars after govt disinvestment move Mumbai: Share values sky-rocketed on the Bombay Stock Exchange (BSE) on February 6 following the disinvestment by government in IBP and VSNL and the SENSEX flared up by a whopping 115.66 points to close at 3,427.39.
Explorer to provide quality facilities at ITPL Bangalore: Another feather has been added to the cap of India’s Silicon Valley with the inauguration of “Explorer”, a fully infrastructured facility at the International Tech Park Ltd (ITPL)here on February 6, according to a press release.
IBP, VSNL sale a mere political ploy: Analysts Mumbai: A sudden raft of state asset sales and reform measures announced by the Indian government has been timed to reap maximum political advantage just weeks ahead of the federal budget and key state elections, analysts said on February 6.
Qantas axes service to India, postpones new jets Sydney: Qantas is axing its service to India and postponing delivery of three new Airbus jets as part of a major review of its operations, the Australian flag carrier announced on February 6.
Cognizant announces increased revenue in 4th quarter Chennai: Cognizant Technology Solutions Corp announced a six per cent increase in its fourth quarter ended December 31, 2001 revenue as compared to the results achieved during the end of the fourth quarter of the previous year.
Equities rally on government’s PSUs sell off Mumbai: A sharp upswing in public sector undertakings (PSUs) following a successful sell-off by government helped the market to change the last two days mood and share values opened on a strong footing on the Bombay Stock Exchange (BSE) on February 6.
Argentine’s Budget draft in line with IMF demands Buenos Aires: Argentine Economy Minister Jorge Remes Lenicov has presented a 2002 Budget blueprint largely in line with International Monetary Fund (IMF) demands, which he said would firmly set the crisis-wracked country on the road to recovery.
US economy heading towards recovery: Official Washington: US Treasury Secretary PaulO'Neill on February 5 said there are increasing signs that the seeds are sown for an economic recovery, with the recession expected to end by April.
