INTERNATIONAL Sun Microsystems facing discrimination lawsuit
Washington: Sun Microsystems, one of the largest Silicon Valley corporations and co-founded by Indian-born Vinod Khosla, is faced by a lawsuit alleging it practices discriminatory policies by replacing older American employees with younger and lower paid Indians.
NATIONAL CII mission to visit Sri Lanka from March 27
Chennai: An 11-member mission of the Confederation of Indian Industry (CII) (Southern region) is visiting Sri Lanka from March 27 to 31 in connection with "IMEXPRO", an international industrial fair being held there on these dates.
No change in govt's contingency plan: Ram Naik
Mumbai: Union Minister for Petroleum and Natural Gas Ram Naik on March 24 said there was no change in government's contingency plan in the wake of the US-led war on Iraq.
Stocks crash, push SENSEX down by 78 points
Mumbai: Stocks that had discounted actual breakout of war in the gulf region last week, crashed today pulling the SENSEX down by over 78 points at the Bombay Stock Exchange (BSE) on heavy sell-off by Indian Financial Institutions and unwinding of positions by operators.
Nucleus' FinnOne banking software rated No. 3
New Delhi: Nucleus Software Exports Limited (BSE: NSEL), one of the leading global provider of integrated software products for banks and financial institutions, has announced that its flagship product FinnOne has been ranked as India's No. 3 selling universal banking solution for 2002 by International Banking Systems (IBS), UK.
Govt could go ahead with divestment of oil PSUs: SC
New Delhi: Giving a virtual green signal to the Union government to go ahead with the disinvestment of oil Public Sector Undertakings (PSUs)-- HPCL (Hindustan Petroleum Corp Limited) and BPCL (Bharat Petroleum Corp Limited), the Supreme Court on March 24 said pendancy of a petition challenging the same would not deter the Centre from rivatising the two oil majors.
BSE: SENSEX dips sharply at early stages
Mumbai: The SENSEX opened marginally lower and later suffered a sharp setback at early stages of the session in line with marked falls in key stocks at the Bombay Stock Exchange (BSE) on March 24 on selling triggered by fears that the war in Iraq could be longer than expected.
