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Headlines Now
NATIONAL
SENSEX extends gains to fourth session in a row
Mumbai: Led by PSU (Public Sector Undertakings) stocks, equities rallied smartly extending the SENSEX's gains to fourth session in a row at the Bombay Stock Exchange on May 16 on heavy buying by speculators and consistent purchases by domestic as well as foreign funds.

SARS outbreak impedes Infosys' China plans
Bangalore: Software major Infosys Technologies' plan to expand in China may have hit a roadblock due to the current outbreak of Severe Acute Respiratory Syndrome (SARS) in the region.

India seeks 'balanced approach' on market access
New Delhi: India on May 16 warned that the World Trade Organisation (WTO) negotiations on trade in environmental goods and services would get derailed if the developed countries do not adopt a "balanced" approach on market access.

BSE: Shares stage smart rally in morning trading
Mumbai: The SENSEX opened firm and later rallied smartly in line with a fresh stocks rally during morning trading on the Bombay Stock Exchange (BSE) on May 16 on consistent buying by institutional investors.

INTERNATIONAL
UK chapter of FICCI int'l business forum launched
London: The UK chapter of the FICCI International Business Forum was launched in London on May 14 night amid the hope that the bilateral trade turnover between India and Britain would double from the existing 5 billion Pounds to 10 billion Pounds by 2007.