INTERNATIONAL
Oil price surges to record high of $ 24 a barrel London: The price of oil surged on March 11 to its highest opening level for almost six months, as US-Iraqi tensions continued to convince dealers to buy crude.
NATIONAL
Lineo Inc to launch operations in India Bangalore: Lineo, of embedded operating system software and host development environments on March 11 announced its plans to launch its operations in India.
Sell-off in old economy stock pushes SENSEX down Mumbai: A sustained sell-off in old-economy heavyweights pushed the SENSEX further down by 52.80 points to close at 3603.97 at the Bombay Stock Exchange (BSE) on March 11, driven down by concerns over escalating tensions at Ayodhya.
Industrial growth dips to 3.2 pc in Jan 2002 New Delhi: Industrial growth slowed down to 3.2 per cent during January this year as against 4.5 per cent in the year-ago period, mainly due to lower growth in mining, manufacturing, capital goods and consumer goods.
SBI to open shop in UAE to facilitate NRIs Dubai: State Bank of India (SBI) is planning to open a representative office in the UAE to tap the non-resident Indian (NRI) resources, SBI chairman Janki Ballabh said.
Equities open firm on buying support from operators Mumbai: Second-rung software counters were in limelight at opening session on the Bombay Stock Exchange (BSE) on March 11 following good speculative buying on the back of sustained rally on the Wall Street.
