INTERNATIONAL India condemns developed nations for raising NTBs Oslo: India on June 24 criticised developed countries for increasing non-tariff barriers (NTB) saying such a practice is costing developing countries $ 100 billion a year, and said a new development agenda based on social justice is needed to protect interests of the Third World.
BEA's software sets new record of performance San Jose (California): BEA Systems, Inc (Nasdaq: BEAS), the application infrastructure software company, on June 24 announced that its ECperf benchmark results have set a new world record for performance. BEA Web Logic Server 7.0, the latest version of the market's most widely deployed application server, was tested running on a single HP 9000 rp8400 16-way CPU server using the HP-UX 11i operating system and accessing a Oracle 9i database running on a separate tier.
NATIONAL Travel advisories must be withdrawn: CII Mumbai: The Confederation of Indian Industry (CII) has demanded that travel advisories issued by some countries be withdrawn as they are "affecting the country's business very seriously".
Citrix signs agreement with Symbol Technologies Bangalore: Citrix Systems on June 24 announced an agreement with Symbol Technologies. Together, the companies will enable workforce mobility solutions for their customers in a variety of industries, according to a press release.
Banks to recover dues faster with new Ordinance New Delhi: An Ordinance has been promulgated enabling banks and financial institutions to recover dues from defaulters faster and reduce their non-performing assets, now estimated at over Rs 1,10,000 crore.
Petroleum ministry seeks to share profits with states New Delhi: Petroleum Ministry has proposed to part with profits it gets from oil properties awarded to various companies as part of efforts to give additional revenue to states.
BNZFL targets 40 per cent share in cheese market Bangalore: Britannia New Zealand Foods Pvt Ltd is eyeing a 40 per cent marketshare of an estimated 7,000 tonne cheese market in India, a senior company official said on June 24.
Maneka denies making negative remark on Maruti New Delhi: Programme Implementation Minister Maneka Gandhi on June 24 denied having said that Maruti Udyog was sold for a song, but had only remarked that the government had got the price that it had wanted during disinvestments.
NHAI asks oil cos to shift petrol pumps off highways New Delhi: The National Highways Authority of India (NHAI) has asked oil companies to move petrol pumps away from the highways and build service roads for vehicles to access them.
SENSEX fluctuates in narrow range on mixed trend Mumbai: The SENSEX opened moderately lower and later fluctuated narrowly in a mixed pattern of trading on the Bombay Stock Exchange (BSE) on June 24 on alternate bouts of buying and selling.
