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INTERNATIONAL
Unisphere Networks bags prestigious MTC awards
Westford (Massachusetts): Unisphere Networks, Inc has bagged both "Company of the Year" and "CEO of the Year" awards for 2002 during the Sixth Annual Massachusetts Telecommunications Council (MTC) awards ceremony held on March 20 in Boston.

NATIONAL
BSE, NSE to be closed on Mar 25 for ‘Muharram’
Mumbai: Select markets like the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), FOREX and Money market will remain closed on March 25, on account of “Moharrum”.

HC upholds VRS withdrawal option of bank staff
Jodhpur: The Rajasthan High Court has upheld the right of an employee of a public sector bank to withdraw his voluntary retirement option and directed the bank to re-instate him in service

Canara Bank mulls IPO, observes market trends
Chennai: Canara Bank is "quite serious" about coming out with a public issue shortly but plans were yet to be firmed up, Geroge Joseph, general, manager of the Chennai circle said.

SENSEX dips by 2.81 per cent on depressed trends
Mumbai: Equities witnessed depressed trend pushing the SENSEX by another 2.81 per cent over the week in lacklustre activity on the Bombay Stock Exchange (BSE) on continuous sell-off by speculators and retail investors while foreign funds had considerably slowed down activity.