INTERNATIONAL Russian telecom giant to invest $ 1 billion in India Moscow: Russia's AFK Sistema financial corporation is to invest $ 1 billion in the Indian cellular telecommunication sector over a period of five years.
NATIONAL RIL leads the bull charge, SENSEX up by 30 pts Mumbai: The benchmark spurted by nearly 30 points to close at a seven-month peak of 3382.64 on the Bombay Stock Exchange (BSE) on December 26 following good buying support from operators and retail investors, with Reliance Industries leading the bull charge.
CII partnership summit to be held in Hyderabad Hyderabad: The Ninth Confederation of Indian Industry (CII) partnership summit, being held in Hyderabad from January 5-8, would showcase Andhra Pradesh's efforts in providing infrastructure to industrialists in India and abroad.
President gives assent to UTI, SEBI Bills New Delhi: The economic reforms process has got a boost following the Presidential assent to the Unit Trust of India (UTI) -Transfer of Undertaking and Repeal Bill, 2002 and Securities and Exchange Board of India (Amendment) Bill, 2002.
PM launches 3 railway projects via satellite New Delhi: Prime Minister Atal Behari Vajpayee on December 26 launched three major railway projects under the Rs 15,000 crore 'Rashtriya Rail Vikas Yojana' (RRVY) in Bihar, Andhra Pradesh and Gujarat through satellite link, saying these would mark accelerated development and expansion of rail network in the country.
Fireworks in CCD on move to keep ONGC out New Delhi: Differences between Ministries of Disinvestment and Petroleum are likely to surface on December 27 at the meeting of the Cabinet Committee on Disinvestment (CCD) as the former is believed to have proposed keeping public sector units (PSUs), particularly Oil and Natural Gas Corporation (ONGC), out of the bidding for Hindustan Petroleum Corporation Limited (HPCL).
Singh unwell, Kelkar to submit report a day late New Delhi: Advisor Vijay Kelkar, who was to submit his first report on indirect taxes on December 26, has postponed it as Finance Minister Jaswant Singh is unwell.
Infosys leads IT rally, SENSEX opens higher Mumbai: The benchmark resumed higher in line with the smart rally in select heavyweight shares on the Bombay Stock Exchange (BSE) on December 26.
