INTERNATIONAL AOL Time Warner posts record loss of $ 54 bn New York: AOL Time Warner has said it lost $ 54.2 billion in the first quarter, the biggest quarterly loss in US corporate history.
NATIONAL SEBI to safeguard interests of UTI investors New Delhi: Securities and Exchange Board of India (SEBI) said on April 25 it will safeguard the interests of investors in UTI which apparently is under strain to redeem Monthly Income Plan (MIP) of 1997 by April end..
Govt assailed on land value of PSUs disinvestment New Delhi: A Parliamentary committee has severely criticised the government on the issue of land valuation in divestment of stake in PSUs, saying asset valuation guidelines were "inadequate and vague".
BillJunction introduces ‘Phone-n-Pay' in Mumbai Bangalore: No more long queues in the hot sun to add to the burden of your bills, just dial 1901-33-1901 to pay all them all! Yes, this is possible with BillJunction Payments Limited, the pioneer in universal bill presentment and payment service in India.
Mercedez makers to import 150 CBUs this year Chennai: Daimler Chrysler India, makers of the high end Mercedez Benz brand of passenger cars, plans to import at least 100 to 150 CBUs (completely built units) of the whole range of its internationally popular models including Sports Utility Vehicles (SUVs) in 2002.
'Indian IT giants shake off gloom, on upward swing' Bangalore: India's largest IT software firms are set to beat a slow path out of the worldwide gloom, having seen off the toughest period and posting sizeable profits in the last financial year, analysts said on April 25.
'Allow IOCL to bid for HP, BP or stop Reliance' New Delhi: A Parliamentary committee has asked the government to allow Indian Oil Corporation Limited (IOCL) to bid for acquiring stake in state-run Hindustan Petroleum (HP) and Bharat Petroleum (BP) or keep Reliance Industries out of the race of Indian petro industries.
Positive trend reversed at BSE, opens low on April 25 Mumbai: Share values reversed their overnight positive trend and were quoted in negative territory at opening session on the Bombay Stock Exchange (BSE) on April 25 following fresh selling by operators.
Vajpayee asks Sinha to rollback harsh tax measures New Delhi: Under pressure from BJP, Prime Minister Atal Behari Vajpayee has asked Finance Minister Yashwant Sinha to partially rollback some of the "harsh and anti-middle class" tax proposals in the Budget when the Finance Bill comes up for discussion in Lok Sabha on April 26.
