INTERNATIONAL Former executive's deal turns heat on Enron top brass Houston (Texas): The announcement that a former executive at the failed energy trader Enron Corp has cut a deal with Federal prosecutors will turn up the heat on the other figures in one of corporate America's worst financial scandals, analysts said on August 21.
New South Wales seeks to boost trade with India Sydney: In a first-ever initiative taken by any Australian state, the government of New South Wales has embarked on a series of trade initiatives to promote jobs and enhance investment with India.
IMF recommends unlocking $ 114 million for Pak Washington: An International Monetary Fund (IMF) team said it would call for a $ 114-million credit for Pakistan after reviewing the country's economic progress.
Former Enron executive Kopper pleads guilty Houston (Texas): A former executive at Enron Corp pleaded guilty to conspiracy to commit wire fraud and money laundering, in what officials called a milestone in their efforts to build a criminal case against the bankrupt energy trader's former management.
NATIONAL AirTel slashes roaming rates for K’taka subscribers Bangalore: Bharti Mobile Limited, which has over 2,75,000 subscribers in the state has announced a reduction on roaming charges for subscribers in Karnataka roaming on AirTel networks. The new roaming tariffs are effective from August 16, 2002.
FIs sell-off results in equities losing out on BSE Mumbai: Equities lost their early gains and several counters even registered marked falls, pushing the SENSEX into negative terrain at close, in lacklustre activity on the Bombay Stock Exchange (BSE) on August 22 on late sell-off by local financial institutions.
'Industrial relations show marked improvement' New Delhi: Industrial relations have shown a significant improvement in the nineties as compared to the eighties with cases of strikes and lockouts registering a steep fall.
Kalam re-promulgates banking-related ordinance New Delhi: President A P J Abdul Kalam has re-promulgated the 'Securitisation Ordinance' to enable banks and financial institutions to take possession of defaulters' securities and sell them, in a bid to tackle the problem of non-performing assets (NPAs) estimated at over Rs 1 lakh crores.
SENSEX opens on optimistic note on fresh buying Mumbai: The SENSEX opened on a promising note and rose past 3,100-mark on the back of a fresh rally in IT stocks at early stages on the Bombay Stock Exchange (BSE) on August 22 on selective buying by retail investors.
