NATIONAL Maruti announces nominal price hike of vehicles New Delhi: Auto major Maruti Udyog Ltd (MUL) on January 8 hiked prices of its various models by up to about Rs 5,335 with its mid-size car Esteem reflecting the steepest increase.
Ashtel launches portable 'e-book' in India Bangalore: Ashtel India Pvt Ltd, a subsidiary of the Ashtel group based in London, United Kingdom, has launched the 'e-book', an electronic product that will enable users to transfer their work files and books onto a portable and very sleek hand held device, according to an official press release.
S&P maintains negative outlook, BB rating for India New Delhi: Global rating agency Standard & Poor's on January 8 maintained its "negative" outlook and the junk 'BB' rating on India's foreign currency despite the swelling 70 billion USD forex reserves and higher GDP (Gross Domestic Product) growth of 5.8 per cent in the second quarter of the current fiscal.
4-session losing streak ends, SENSEX up by 27 pts Mumbai: The four-session losing streak on the Bombay Stock Exchange (BSE) was wiped out on January 8 on emergence of all-round buying by operators, helping the SENSEX to recover smartly by 27.37 points and close at 3357.87.
PM likely to resolve FM, Planning Commission row New Delhi: The contentious issue of Gross Budgetary Support (GBS) for the plan expenditure for 2003-04 may have to be resolved by Prime Minister Atal Behari Vajpayee with Planning Commission and Finance Ministry (FM) locking horns over a size exceeding Rs 1,34,000 crore.
Divestment panel suggests privatising of 4 PSUs New Delhi: The Disinvestment Commission has recommended privatisation of four public sector units (PSUs) including National Buildings Construction Corporation (NBCC) and Cotton Corporation.
'India should come forward with bold proposals' Hyderabad: Cautioning that spirit of multi-lateralism could be in jeopardy if member countries fail to conclude negotiations on Doha Development Agenda, the WTO (World Trade Organisation) Director General Supachai Panitchpakdi on January 8 urged India to come forward with 'bold proposals' on issues of market access.
Narayana Murthy calls for a sound value system Bangalore: Software icon N R Narayana Murthy on January 8 spoke of the need for a sound value system to use technology for social and economic progress of society and for strong values in business practices.
Japan commits $ 900 million ODA to India New Delhi: Japan on January 7 committed $ 900 million in Official Development Assistance (ODA) to India for various projects including the Simhadri and Bakeshwar thermal power plants in Andhra Pradesh and West Bengal, restoring it to almost pre-Pokharan II aid levels.
Deccan to expand network with low cost flights New Delhi: Japan on January 7 committed $ 900 million in Official Development Assistance (ODA) to India for various projects including the Simhadri and Bakeshwar thermal power plants in Andhra Pradesh and West Bengal, restoring it to almost pre-Pokharan II aid levels.