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Headlines Now
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
Reliance joins race for Enron's stake in DPC
Mumbai: In an unexpected move, Reliance Industries Ltd (RIL) and British Gas Plc on February 7 joined the race of buying the bankrupt Enron's stake in the troubled Dabhol Power Company (DPC), taking the final tally of domestic and international bidders to eight.

SENSEX stays positive on disinvestment plans
Mumbai: Late sell-off by foreign funds and domestic institutions, particularly in IT stocks, pared the gains in the SENSEX that finally ended the session in positive territory on the Bombay Stock Exchange (BSE) on February 7.

Stones sales expected to rise to 23,440 cr by 2011
Bangalore: India expects the annual sales turnover of stones to be Rs 23,440 crore by the year 2011, from the present Rs 3,080 crore.

Daily Jaipur-Dubai flight to start from Feb 12
Jaipur: Indian Airlines' has started its Jaipur-Dubai flight via Delhi from Sanganer airport in Jaipur, the first international flight from Rajasthan.

Trade between India, Italy increases by $ 85 mn
Bangalore: Trade between India and Italy is likely to be around $ 2.1 billion in the fiscal year 2001-02, a modest increase of about $ 85 million over the previous year's figure, Italian Trade Commissioner Cornelio Zani said on February 7.

India, Russia ink wide-ranging, multi-trade pact
New Delhi: India and Russia on February 7 signed a wide ranging trade and economic protocol providing for joint development of a 100-seater multi-purpose transport aircraft, boosting co-operation in oil exploration and unveiled new measures to reverse the declining trade.

HP, DreamWorks tie-up to revolutionise animation
New Delhi: Hewlett Packard announced a three year strategic multi-million Dollar alliance with DreamWorks SKG to revolutionise animation, according to an official press release.

Disinvestment move peps SENSEX in early trading
Mumbai: Led by stocks of public sector undertakings (PSUs), old economy shares surged up smartly leading a strong rally in the SENSEX at early stages on the Bombay Stock Exchange (BSE) on February 7 on sustained buying support.