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Headlines Now
INTERNATIONAL
Microsoft gives Russia secret Windows code
Moscow: Russia has become the first nation to get secret source codes of Windows operating system from the US computer giant Microsoft for developing secure software for sensitive government requirements like fighting terrorism.

NATIONAL
Consumer Price Index-RL up by 22 per cent
New Delhi: The Year 2002 was hard-hitting for the labourers in rural areas as inflation based on Consumer Price Index for Rural Labourers (CPI-RL) rose by 22 per cent to 3.18 per cent in December 2002 against 2.61 per cent in the comparable period.

AG's opinion on oil PSUs sent to PM: Shourie
New Delhi: In a bid to expedite the process of privatisation of Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL), Disinvestment Minister Arun Shourie on January 21 submitted the attorney general (AG) Soli Sorabjee's opinion on oil public sector units (PSUs) to Prime Minister and said Cabinet Committee on Disinvestment (CCD) could meet later this month.

Rally in old-economy shares lifts SENSEX by 12 pts
Mumbai: A smart rise in select old-economy heavyweights helped the SENSEX end in positive terrain, with a fresh gain of 12.25 points at 3554.14 on the Bombay Stock Exchange (BSE) on January 21 on large-scale buying by foreign funds and operators, truncating a brief two-session losing streak.

Luxor receives international award for case study
Bangalore: Ankur quality circle of Pilot brand of Luxor writing instruments, has won an international award for its distinguished presentation of its case study at the International Quality Circle Convention 2002 organised by the Quality Circle Forum of India, according to an official press release.

Storage networking offers immense potential: Karnik
Bangalore: President of the National Association of Software and Services Companies (NASSCOM), Kiran Karnik, said on January 21 storage networking segment offered upwards of one billion USD business opportunity for Indian companies and exhorted them to seize the initiative.

Govt approves sale of SCI's LNG stake to Mitsui
New Delhi: Union Cabinet has approved sale of Shipping Corporation of India's (SCI) 20 per cent stake in troubled liquefied natural gas (LNG) transportation venture Greenfield Holding Co Ltd (GHCL) to Japanese shipping line Mitsui OSK Line, official sources said.

Indian BPO market set for robust growth: Experts
Chennai: Business Process Outsourcing (BPO) market in India is all set for a robust growth in the next five years with a potential to capture at least 30 to 40 per cent share of the emerging $ 550 to $ 700 billion global BPO market, according to experts at a National Association of Software and Service Companies (NASSCOM) seminar on outsourcing on January 21.

CII to soon promote 'Served from India' brand
Bangalore: India would soon unveil "Served from India" brand to promote the wide range of services it offered remotely, president of the Confederation of Indian Industry (CII) Ashok Soota said on January 21.

IT exports on track to achieve 30 per cent growth
Bangalore: India is on course to achieve 30 per cent growth in IT exports during 2002-03 as projected, and the National Association of Software and Services Companies is not looking at revising the figure, a top NASSCOM official said on January 21.

Bank, HPCL stocks in limelight in early BSE trade
Mumbai: Banking stocks were in limelight at early stages in a see-saw trading on the Bombay Stock Exchange (BSE) on good buying support from institutional investors and retail investors.