INTERNATIONAL
Asian economies buoyant on US recovery Manila: Export-driven Asian economies are expected to bounce back this year buoyed by a US recovery but debt-laden Japan could spoil the party, a regional business conference was told on March 7.
Bush assailed by world for tariffs on steel imports Tokyo: Asian countries have joined the European Union and Brazil in slamming US President George W Bush's decision to impose tariffs of up to 30 per cent on steel imports.
NATIONAL
Sartorius India launches knowledge centre in B'lore Bangalore: Sartorius India, a market leader in biotech engineering launched its first knowledge centre in India on March 7 to provide a platform for sharing latest technical and scientific information and training for its customers, employees and partners.
HLL equities spin back SENSEX points Mumbai: Hindustan Lever Limited (HLL) hogged the limelight prompting a smart rally in equities that in turn aided the SENSEX to recover sharply to close up by 76 points on the Bombay Stock Exchange (BSE) on hectic purchases by Foreign Institutional Investors (FIIs) and domestic operators.
DPC due diligence finalisation stalled further Mumbai: The finalisation of due diligence procedure for sale of foreign equity in troubled Dabhol Power Company (DPC) has been stalled further with Enron, GE and Bechtel declining to accept the lenders' decision not to pay them the proceeds of the proposed sale.
'Distributed generation may solve India’s power woes' Bangalore: A power generation expert on March 7 urged India to go in for distributed generation (DG) in a big way to meet power shortage, and optimally utilise the available resources while complementing the large centralized generating stations and associated mega grids
Delhi schools rope in IT to enhance teaching New Delhi: What is common to Modern School, Delhi Public School, Apeejay School besides being the best schools in the capital? They along with 50 other schools from all over Delhi are all successfully using IT to enhance classroom teaching and provide better quality education to the students. Schools are subscribing to services of multimedia content providers who offer well researched and attractively presented tutorials on all syllabus subjects.
Magnasoft Consulting gets new Chairman, MD Bangalore: The former MD of Compaq Computer India Pvt. Ltd Abhishek Mukherjee and the former MD Autodesk India Private Limited S. Sridhar announced they would join hands to lead the management team at Magnasoft Consulting, a two year old consulting and software services company in the area of spatial information management.
SENSEX opens on positive territory on Mar 7 Mumbai: Powered by a sharp rally in one of the top heavyweights Hindustan Lever (HLL), the SENSEX opened higher and rallied smartly at early stages on the Bombay Stock Exchange (BSE) on March 7 on hectic buying by speculators as well as institutional investors.
