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Headlines Now
INTERNATIONAL
US eliminates tariffs on Afghanistan's exports
Washington: United States President George W Bush has signed a proclamation adding Afghanistan to a list of developing nations getting preferential treatment on exports to the US.

NATIONAL
TRAI warns COAI to interconnect or face action
New Delhi: Undeterred by defiance shown by cellular operators to its authority, telecom regulator TRAI (Telecom Regulatory Authority of India) on January 14 warned of strict action in case they failed to provide interconnection for WLL-based mobile services of basic telecom companies within 24 hours..

BSE: Infy, Cement stocks help SENSEX's turnaround
Mumbai: Powered by a marked rally in Infosys Technologies and cement stocks, the SENSEX made a turnaround ending eight points higher in otherwise dull activity at BSE (Bombay Stock Exchange) on January 14 on selective buying by operators and domestic funds.

Infosys opens new development centre in Hyderabad
Bangalore: Information Technology (IT) consulting and software services major Infosys Technologies Limited on January 14 announced the opening of its development centre in Hyderabad, currently employing 800 employees and set up with an investment of Rs 73.66 crore.

Moody's downgrades Reliance outlook as negative
New Delhi: International rating agency Moody's has downgraded the outlook for Reliance Industries from stable to negative, citing the risks associated with the corporate's "recent aggressive internal and external expansion".

SENSEX moves irregularly on mixed trading pattern
Mumbai: The SENSEX opened on a promising note and later moved irregularly in a narrow range at early stages in line with a mixed pattern of trading on the Bombay Stock Exchange (BSE) on January 14 on alternate bouts of buying and selling.