INTERNATIONAL Bajaj elected co-chairman of Commonwealth body London: India's leading automobile industrialist Rahul Bajaj has been elected as co-chairman of the Commonwealth Business Council.
NATIONAL India drops to 15th position in FDI inflow list New Delhi: India has dropped eight spots to 15th position even as China overtook US and emerged as the most attractive foreign investment destination in the world, according to a foreign direct investment (FDI) Confidence Index report released on September 24.
Equities stage dramatic recovery at BSE Mumbai: Equities staged a dramatic recovery at the fag end and select heavyweights even closed with smart gains, aiding the SENSEX to finish in positive territory in otherwise dull activity on the Bombay Stock Exchange (BSE) on September 24 on fairly heavy purchases by a leading domestic fund.
Jet Airways to concentrate on air cargo for revenue Bangalore: Domestic airline Jet Airways is eyeing a huge opportunity in air cargo and expects freight carriage to contribute about 10 per cent to its overall revenue in three years, a senior company official said on September 24.
HP plans major forays into Indian storage market Chennai: Hewlett Packard India Pvt Ltd is to consolidate its channel partner network in India for focussed engagement with customers and wholesalers for better distribution of its storage solutions.
Iomega announces the fastest internal CD-RW drive Bangalore: Iomega Corporation, a global leader in reliable, portable data storage, on September 24 announced its latest internal CD-RW drive to date, the 48x24x48 internal CD-RW drive, which boasts higher performance with major speed breakthroughs for both recording and rewriting, according to a press release.
Jubilant Organosys' exports higher by 82 per cent Bangalore: Jubilant Organosys Limited (formerly Vam Organic Chemicals Limited), on September 24 held its 24th annual general meeting at Gajraula, Uttar Pradesh. In the meeting the chairman and managing director S S Bhartia, stated that the revenues for the five-month period from April to August 2002 increased 11per cent to Rs 2,737 million and exports were higher by 82 per cent to Rs 678 million, according to an official press release.
Big Bazaar's 'home festival' for 'Dasara' begins Bangalore: Big Bazaar, the one-stop shop in Koramangala is hosting a 'home festival', which is first of its kind extravaganza in the country. The sale, from September 14 and October 7, targets all those looking to revamp their houses for 'Dasara', according to a press release.
