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Headlines Now
INTERNATIONAL
CII hails launch of direct Indo-China flights
Beijing: Apex business chamber, the Confederation of Indian Industry (CII) on April 4 welcomed the launching of the first direct flight between Shanghai and Delhi describing it as another step to enhance bilateral ties especially trade relations.

NATIONAL
SENSEX closes 50 points higher on buying support
Mumbai: Led by Reliance Industries Ltd (RIL), select heavyweight counters rallied smartly lifting the SENSEX by about 50 points at close on the Bombay Stock Exchange (BSE) on April 4 on emergence of buying support.

Bharti threatens to make financial claims
Bangalore: Irked by alleged delay in providing interconnection to it by BSNL and MTNL, leading telecom service provider Bharti group on April 4 threatened to make "financial claims" if the issue is not settled before the end of April.

NTPC may issue fresh equity in market
New Delhi: Having been denied the budgetary support of Rs 13,000 crore by the Centre, National Thermal Power Corporation (NTPC) may issue fresh equity to the public to raise funds required for adding 20,000 MW power generation capacity in the next 10 years.

Sterlite signs pact for 26 pc stake in HZL
New Delhi: Sterlite Industries on April 4 signed transaction documents for acquiring 26 per cent stake in Hindustan Zinc Ltd (HZL).

Wipro, IBM ink strategic alliance agreement
Bangalore: India's leading Infotech company, Wipro and world's largest server firm, IBM on April 4 inked a stategic alliance agreement to address customer needs in India and Asia Pacific Region.

'Govt has not targeted any fixed value for Rupee'
New Delhi: Declining to comment on the falling rupee value, Reserve Bank on April 4 said the government has not targetted any fixed value for the Rupee.

Media hype over BT-cotton makes scientists uneasy
New Delhi: Too much media hype over BT-cotton is worrying officials who last week allowed farmers to grow this for the first time in India.

SENSEX rallies as heavy weights gain on BSE
Mumbai: Powered by a strong rally in Reliance Industries (RIL) and Hindustan Lever Ltd (HLL), the SENSEX surged up sharply at early stages after opening steady on the Bombay Stock Exchange (BSE) on emergence of buying from speculators and some purchases by institutional investors.