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Headlines Now
NATIONAL
Mozambique President invites Indian investment
New Delhi: Mozambique has invited Indian investment in small industries, technology, agri-business, commercial farming, mining, oil and gas, infrastructure, tourism, and construction sectors.

Shourie apprises PM of telecom tariff issue
New Delhi: Communication Minister Arun Shourie on May 12 apprised Prime Minister Atal Behari Vajpayee of latest developments in the telecom sector including tariff revision, the issue, which rocked the Parliament last week.

Intel's B'lore campus to house world-class designers
New Delhi: Intel Corporation on May 12 announced the expansion of its facilities in Bangalore to include a $ 41 million new campus which will house designers of world-class technologies in hardware and software design, validation, system engineering and development for next generation microprocessors, semiconductors and memory technologies

Russian approval awaited for SBI, Can Bank JV
Bangalore: Russia's final approval is expected to launch operations in Moscow of "Commercial bank of India", the joint venture between State Bank of India and Canara bank, a top Canara bank official said on May 12.

BSE: Equities turn weak after optimistic start
Mumbai: After an optimistic start, equities turned weak and ended with modest falls with the SENSEX extending its losing streak to fourth session in a row on the Bombay Stock Exchange (BSE) on May 12 due to alternate bouts of buying and selling.

INTERNATIONAL
Satyam to open global solutions centre in Malaysia
Cyberjaya (Malaysia): Notwithstanding the recent harassment of Indian Information Technology (IT) experts in Malaysia, Satyam Computer Services on April 28 launched its Global Solutions Centre to enhance its presence in the Asia-Pacific region.