NATIONAL FDI liberalisation in oil, aviation and telecom
New Delhi: In its endeavour to promote foreign investment in crucial areas of
economy, the Union Cabinet is likely to approve liberalised Foreign Direct
Investment (FDI) norms in aviation, telecom, non-news print media and petroleum
sectors.
Intel urges India to be a 'total IT nation'
New Delhi: Silicon innovation, enabled by Moore's Law, continued to be integrated into enterprise, governments, educational institutions and homes throughout the world despite the high-tech recession, said Dadi Perlmutter,
vice president and general manager of the Mobile Products Group while speaking at the Intel Developer Forum.
Intel Corp to invest $ 41 mn in B'lore: Deshpande
Bangalore: Global chip maker Intel Corporation plans to set up a development centre in Bangalore with an investment of $ 41 million, a senior Karnataka government Minister said.
SENSEX dips despite rally in second-line counters
Mumbai: Select second-line counters were in the limelight even as the SENSEX ended in the negative terrain in a mixed pattern of trading on the Bombay Stock Exchange (BSE) on April 22 on fairly good purchases by foreign funds alternated by profit booking by local institutions.
Economy must grow at 8.9 pc to achieve target'
New Delhi: Indian economy has to grow by 8.9 per cent annually in the next four years if the government wants to attain the Tenth Plan target, a Parliamentary panel said in a report. drought, kargil war,savings, less public investments golbal slowdown were the reasons for lower economic growth said the report.
HPCL to shed 11 pc surplus employees with VRS
New Delhi: Privatisation bound Hindustan Petroleum Corporation Ltd (HPCL) has proposed to shed about 11 per cent of its workforce by offering the surplus staff a voluntary retirement scheme (VRS), the Rajya Sabha was informed on April 22.
SENSEX opens lower, dips further at early stages
Mumbai: The SENSEX opened marginally lower and later dipped further in line with a negative reaction in Information technology (IT) stocks and the top heavyweight Reliance Industries Ltd (RIL) at early stages of the session on the Bombay Stock Exchange (BSE) on April 22 due to fresh selling pressure.
INTERNATIONAL Iraq war, SARS to hit Indian economy: Survey
Beijing: United Nation's economic and social survey on April 17 warned that Iraq war and SARS (Severe Acute Respiratory Syndrome) will impact Indian economy, pushing down growth prospects by almost 1.0 per cent to 5.1 per cent in 2003.
