INTERNATIONAL WorldCom to seek new CEO; emerge from bankruptcy Washington: WorldCom said on September 10 that it is "actively" seeking a permanent chief executive officer (CEO) to replace interim chief John Sidgmore, and that it is on track to emerge from bankruptcy next year.
Samsung wins $ 150 million project in India Seoul: South Korea's Samsung Engineering Co Ltd on September 11 said it had won a coveted petrochemical project worth $ 150 million in Gujarat state.
NATIONAL Hero Honda launches 'Ambition'; aims record sales Bangalore: Hero Honda Motors Limited has targeted to sell 18 lakh motorcycles in the current financial year, envisaging a 26 per cent growth compared to the previous fiscal, a top company official said.
Stock scam: JPC may seek FM, Sinha's deposition New Delhi: The Joint Parliamentary Committee (JPC) probing into the stock scam and the temporary freeze on UTI's (Unit Trust of India) flagship scheme US-64 may seek a written deposition from Finance Minister Jaswant Singh before presenting its final report during the monsoon session of Parliament.
Minister mulls interest waiver for drought-hit ryots New Delhi: Strongly favouring writing off of interests on loans taken by distressed farmers in 13 drought-hit states, Union Agriculture Minister Ajit Singh on September 13 said he would take up the matter with the Prime Minister and Finance Minister.
'Bangalore maintains top slot in Indian IT scene' Bangalore: India's silicon valley continues to maintain its top position in the IT sector with 52 chip design companies, 174 systems software operators and 126 communication software units, opening up new vistas of India's knowledge revolution.
BSE opens weak after sharp slide in global markets Mumbai: The SENSEX opened weak and was later trapped in an extremely narrow range at early stages in line with a setback in blue-chip counters on the Bombay Stock Exchange (BSE) on September 13 due to selling triggered by a sharp slide in global markets.
