INTERNATIONAL Jalan urges greater voice for developing nations London: Reserve Bank of India Governor Bimal Jalan has suggested that each country should take measures to build its own safety walls by providing for higher reserves, more realistic policies to regulate capital flows and careful monitoring of exchange rates.
Lanka PM hopes for positive economic growth The Sri Lankan Prime Minister, Ranil Wickremesinghe, has said he hopes economic growth will reach 3.7% by the end of the year, after the country experienced negative growth for the first time in its history in 2001.
NATIONAL Infosys to announce QI results on July 10 Bangalore: Infosys Technologies Limited (NASDAQ: INFY), a world leader in consulting and information technology services, will announce results for its First Quarter ended June 30, 2002 on July 10 2002, Indian Standard Time (IST). The results will also be available on the Infosys web-site, www.infosys.com.
Indian computer sales tumble by 11 per cent New Delhi: Indian computer sales fell 11 per cent to 1.61 million units in the year to March from the previous year due to slow economic growth, industry figures showed on July 5.
VoIP gateways to connect B’lore to other cities Bangalore: Bharat Sanchar Nigam Limited (BSNL) has planned voice over Internet protocol (VoIP) gateways between Bangalore and major cities for carrying national long-distance traffic, a senior BSNL official said on July 5.
IA plans extra flights to cover Buddhist circuit Kolkata: In a bid to make its presence felt in the international sector, Indian Airlines (IA) plans to introduce Kolkata-Hong Kong flights and increase those to Bangkok, Yangon and Kathmandu covering the Buddhist circuit.
Indian Airlines to acquire 43 aircraft by 2008 Kolkata: In a major move to expand its fleet, Indian Airlines (IA) has decided to acquire 43 aircraft over the next five years at an estimated cost of Rs 10,089 crore.
'Guj to emerge stronger after propaganda fades' Kolkata: Gujarat minister for Industry, Information Technology and Tourism Suresh Chandra Mehta on July 5 said the state would emerge stronger in terms of attracting new investment after the "misconception" created by "wrong propaganda" on law and order in the state faded.
RCF, Kapurthala attains record production of coaches New Delhi: Kapurthala-based Rail Coach Factory (RCF) has achieved the highest-ever record of manufacturing 1,204 coaches, including 291 air-conditioned, during 2001-2002 against the installed capacity of 1,000 coaches.
Sony gets distribution rights for Bengali film Kolkata: Creating history in regional Indian cinema, Sony Pictures Entertainment (SPE) on July 5 tied up with city-based Planman Life and Deep Films to acquire rights of a Bengali film for the country's first Hollywood distribution in language cinema.
BSNL to launch mobile services from August 15 Hubli: K Padmanabhan, chief general manager, Karnataka Telecom Circle on July 5 said that the Bharat Sanchar Nigam Limited (BSNL) is launching mobile services throughout the country on August 15.
Coke's plea for waiver of disinvestment rejected New Delhi: The government has once again rejected US soft drink giant Coca Cola's plea for waiver of the mandatory disinvestment of upto 49 per cent equity in its Indian operations, but granted it a month's grace period till August 17 to comply with the condition.
TN govt to unveil new industrial policy: Jaya Chennai: Tamil Nadu government will soon unveil a "new industrial policy", consisting of measures to streamline administrative regulations and processes, improve industrial productivity and profitability in high-end areas and develop adequate and quality infrastructure for attracting industrial investments.
SENSEX fluctuates in line with mixed trends on BSE Mumbai: The SENSEX opened marginally higher and continued to fluctuate narrowly in line with divergent trends at early stages on the Bombay Stock Exchange (BSE) on July 5 on alternate bouts of buying and selling.
CCD clears way for privatising NEPA Ltd New Delhi: Cabinet Committee on Disinvestment (CCD) at its meeting on July 5 is understood to have cleared the shareholders' agreement (SHA) for privatisation of newsprint manufacturer NEPA Ltd.
