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Headlines Now
NATIONAL
Govt approves FTA with Latin American alliance
New Delhi: In a bid to enhance trade with Mercosur, an alliance of Argentina, Brazil, Uruguay and Paraguay, government on June 5 approved the Framework Trade Agreement (FTA) with it, a move, which would enable India to negotiate for a free trade area in the long run.

NIIT bags best CAL award for Asia
New Delhi: Citrix Systems, Inc. (Nasdaq: CTXS), the global leader in access infrastructure solutions has awarded NIIT, one of the IT training pioneers, as the 'Best Citrix Authorized Learning Centre (CAL) of the Year 2002' for Asia, at the Citrix iForum held recently at Sydney, Australia.

SEBI proposes merger of regional bourses
New Delhi: The Securities and Exchange Board of India (SEBI) on June 5 proposed consolidation of regional bourses to form a bigger entity 'Indonext' or a merger with either BSE (Bombay Stock Exchange) or NSE (National Stock Exchange), as part of the ongoing capital market reforms.

BSE: SENSEX rises past 3,250-resistance level
Mumbai: The SENSEX opened strong and rose past 3,250-resistance level during morning trading on the back of all-round stocks rally on the Bombay Stock Exchange (BSE) on June 5 on heavy purchases by foreign institutional investors (FIIs), as well as operators.

INTERNATIONAL
'HP dominates Notebook market position in India'
California: HP India Pvt Ltd on May 2 announced their No.1 market position in both unit and value shipments with a share of more than 31.7%, according to IDC, Quarter I report. HP has increased its unit shipment lead over its nearest competitor by over 4% in the quarter.