INTERNATIONAL India for consensus on Kyoto Protocol at UN meet New Delhi: A UN "Conference on Climate Change" opened on October 23 with host India striving to evolve a consensus among 186 member countries to make a commitment to implement Kyoto Protocol aimed at reducing greenhouse gases emission to 1990 levels for dealing with global warming.
NATIONAL Infosys builds IDCE for American Stock Exchange Bangalore: Infosys Technologies Ltd announced on October 30 that it has built a new intra-day comparison system for equities (IDCE) for the American Stock Exchange (Amex), according to a press release.
Hong Kong seeks co-operation with India in SMEs Bangalore: Hong Kong is looking for co-operation with India in the small and medium enterprises (SME) sector, Anthony AU, Director, ABC Software Limited said.
HLL, RIL helps SENSEX to close in positive terrain< Mumbai: Sustained buying in HLL and RIL (Reliance Industries Limited) helped the SENSEX to close in positive territory on the Bombay Stock Exchange (BSE) on October 30, though profit-taking at the fag-end trimmed early gains.
OPEC snubs India's plea for crude oil at discount New Delhi: The Organisation of Petroleum Exporting Countries (OPEC), the cartel of oil producing countries, on October 30 rejected India's plea for concessional crude oil pricing on the ground that it operated on market forces but admitted that current prices carried a war premium of $ 5-6 a barrel.
'Centre to help set up multi-commodity exchanges' Mumbai: The Centre would accord in-principle approval to set up more multi-commodity exchanges in the country by February next year, Union Minister for Consumer Affairs and Public Distribution Sharad Yadav announced on October 30.
UTI, SEBI, Delhi Metro Ordinances promulgated New Delhi: President A P J Abdul Kalam has promulgated the Ordinances to repeal UTI Act, amend SEBI Act and regulate Metro Railway of Delhi.
Bank rate cut aimed at boosting investment: Jalan Mumbai: The stance of the monetary and credit policy is to "create conditions" for investments along with a bias towards a softer interest rate regime, Reserve Bank of India governor Bimal Jalan said on October 30.
India financially stable despite drought: Jalan Mumbai: Reserve Bank governor Bimal Jalan on October 30 said the country's financial conditions are stable despite the effects of drought and asserted that the Bank's latest monetary policy had created the right environment to ensure steady investment demand in the economy"
SC fixes Nov 20 for final hearing on WLL dispute New Delhi: The Supreme Court on October 30 fixed November 20 for final hearing of the dispute pertaining to wireless in local loop services (WLL), where cellular operators have filed a petition challenging government's decision to allow basic telephone providers to offer limited mobility services.
IT: Govt moots new paradigm in venture funding Bangalore: Government is mulling to bring about a totally new paradigm in venture funding by it in Information Technology start-ups and taking minority stake in them without risk exposure, a key official in the Ministry of Communication and Information Technology indicated on October 30.
'China factor looms large over Indian IT industry' Bangalore: The "China factor" is looming large over the Indian IT industry, which needs to move up the value chain on an urgent basis and get into new areas to face competition from the neighbouring country, a top government official said on October 30.
Wipro, Microsoft tie-up to build .NET framework Bangalore: Wipro Limited and Microsoft Corporation India Pvt Ltd, on October 30 announced that the two companies would work together to build on Wipro's existing competencies on Microsoft's .NET framework.
