INTERNATIONAL FICCI seeks China’s role in WTO negotiations Suzhou (China): The Federation of Indian Chambers of Commerce and Industry (FICCI) has sought China's co-operation in securing the legitimate interests of developing countries at future multilateral trade negotiations.
NATIONAL Gilt Edge broker Ketan Sheth under CBI net Mumbai: Ketan Sheth of Gilt Edge Securities and the third accused in the Rs 92.78 crore Seamen's Provident Fund Organisation scam, in Mumbai on May 14 surrendered to CBI, which later placed him under arrest.
Money Laundering Bill to be a potent weapon New Delhi: The long awaited money laundering Bill, to come up in Rajya Sabha in a day or two, proposes sweeping powers for the arrest, survey, search and attachment of property of the persons involved in money laundering.
CMIE paints bleak picture for the coming fiscal Mumbai: The Centre for Monitoring Indian Economy (CMIE) expects the economic scene to worsen during 2002-03 and real GDP growth was projected to grow by only 4.5 per cent compared to the 5.7 per cent rise estimated for 2001-02.
Petrol, diesel prices likely to go up soon New Delhi: The price of petrol and diesel is likely to go up by Rs 2.50 to 3 per litre and Rs 1.50 per litre respectively later in May in step with a rally in global crude oil prices.
BALCO union seeks probe into workers’ exploitation Raipur: The Bharat Aluminium Company (BALCO) employees union on May 14 demanded an inquiry by Central government into exploitation of workers and violation of service rules by the new management of BALCO at their Korba plant, even as the management rejected all the allegations.
Hitachi eyes Indian market in high tech AC segment Bangalore: Japanese electronics giant, Hitachi has identified India as a major market and would bring in strategic and high tech air conditioners to the country with an aim to capture at least 20 per cent market share in the package segment by 2007, a senior company official said.
BSE reacts negatively to pressure from key counters Mumbai: The SENSEX opened moderately higher only to react negatively later following some pressure in key counters at early stages on the Bombay Stock Exchange (BSE) on May 14 on alternate bouts of buying and selling.
