INTERNATIONAL AOL defends accounting practices, COO quits San Francisco: Troubled AOL-Time-Warner, the world's largest media conglomerate, faced further turmoil on July 17 as its number two executive stepped down and it was forced to defend its accounting practices.
WorldCom to soon file for bankruptcy protection New York: Scandal-ridden WorldCom, the United States' number two long distance telephone provider, is expected to file for bankruptcy protection shortly, a media report said on July 19.
NATIONAL Panic sell-off drives SENSEX further down Mumbai: Panic sell-off by investors drove the SENSEX down by another 2.29 per cent over the week on the Bombay Stock Exchange (BSE) that witnessed a series of negative developments followed by renewed fears of tension between Indian and Pakistan.
