INTERNATIONAL US, UK veto Iraq's proposal on oil surcharge United Nations: A fresh attempt by the Security Council to break the impasse over pricing of Iraqi oil has failed again with the US and Britain insisting that Baghdad first drops its "illegal" surcharge on oil exports.
New Indian TV channel to be launched from Dubai Dubai: Aimed at the 2.5 million strong Malayalee community in the Gulf, Dubai-based Middle East Television (MET) will launch the first Indian 24-hour free-to-air digital channel from Dubai in November.
NATIONAL 2,131 petrol pump, gas agencies terminated New Delhi: Oil companies have taken over 467 petrol pumps and gas agencies while terminating 2,131 out of the 3,565 allotments cancelled by the Prime Minister following allegations of favouritism in their award.b>
SENSEX gains 26 points on tech stock rally Mumbai: Technology stocks rallied smartly aiding the SENSEX to gain 26 points at close in otherwise lacklustre activity on the Bombay Stock Exchange (BSE) on August 20 on steady flow of buying from speculators as well as fairly heavy purchases by institutional investors.
Tata claims innocence in TFL's investment decision Mumbai: Tata group chairman Ratan Tata on August 20 said he was not consulted by former Tata Finance Ltd (TFL) managing director Dilip Pendse on investment decisions made by the non-banking finance company.
Orissa govt opposes NALCO's privatisation Bhubaneswar: The Orissa government has once again voiced its opposition to any move to change the management pattern of the National Aluminium Company LTD (NALCO), even as the Union government is bent on off-loading 60 per cent of its equity in the Central sector company.
Banks to report transactions above 10 lakh to RBI New Delhi: Major banks, including State Bank of India (SBI), would now report all cash transactions over Rs 10 lakh to the Reserve Bank of India (RBI) in a bid to monitor unaccounted cash flows mainly for terrorist activities through the banking channels.
Bhatia banks on voicemail to regain lost ground Bangalore: Hotmail guru Sabeer Bhatia is pinning his hopes on India's nascent voice messaging market to regain his lost ground in the global technology market and is currently on a binge of signing pacts with private firms.
SENSEX fluctuates in narrow range at early stages Mumbai: The SENSEX opened moderately higher at 3,071.13 but was once again trapped in a restricted range of about seven points at early stages on the Bombay Stock Exchange (BSE) on August 20 in the absence of any worthwhile support from institutional investors.
