BSE: Heavy selling pulls down SENSEX by 15 pts
Mumbai: The overnight rally was short-lived and the SENSEX ended down by 15 points as Bank and PSU (Public Sector Undertaking) stocks met with strong resistance after a weeklong upsurge at the Bombay Stock Exchange (BSE) on May 27 due to heavy selling by domestic funds as well as speculators.
IBM launches toll-free 'India Smart Centre'
Bangalore: IBM India on May 27 announced the launch of the "India Smart Centre", a virtual toll-free
service centre to provide cutting edge services and support to the small and medium businesses in
metros and small towns.
Hyundai plans to export 70,000 cars from India
Bangalore: Hyundai Motor India, the Indian subsidiary of the Korean auto giant Hyundai, aims to
increase nine-fold its exports to touch 70,000 cars by 2005.
INTERNATIONAL WTO must give importance to developing world: Abbot
Geneva: Admitting that the World Trade Organisation (WTO) was tilted towards the developed world, the multilateral trade body's deputy director general Roderick Abbot said issues of concern to developing countries should be given due importance.
