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
SENSEX down by 49.82 pts, closes below 3500 Mumbai: Distress selling by operators, leading to stale bull liquidiation in select counters by domestic funds, drove the SENSEX sharply down by 49.82 points to close at 3466.29 at the Bombay Stock Exchange (BSE) on March 26, stretching losses for the third consecutive session.
Hike in petrol, diesel price imperative: IOC New Delhi: Indian Oil Corporation (IOC) on March 26 said that hike in prices of petrol and diesel had become imperative with surge in international oil prices and the only alternative to the government is to cut duties.
Sustained offloading by operators marks BSE opening Mumbai: In a volatile movement, the benchmark broke the strong 3,505-support level at opening session on the Bombay Stock Exchange (BSE) on March 26 following sustained offloading by operators in the absence of any worthwhile support from foreign institutional investors (FIIs).
