NATIONAL Market snaps 4-day winning streak on profit booking
Mumbai: The market snapped four-session winning streak and ended in the negative territory as
equities met with strong resistance with many of them giving up part of their overnight gains in irregular
movements on the Bombay Stock Exchange (BSE) on July 1 on profit booking by local funds.
Renaissance Tech subsidiary foray into Fibre Channel
Bangalore: Renaissance Softech, the technology subsidiary of the Renaissance group and the Master Reseller for Brocade in India on July 1 announced its foray into Fibre Channel and storage infrastructure solutions.
Selective stocks help SENSEX surpass 3600-mark
Mumbai: Riding piggyback on a selective stocks rally, the SENSEX breached the 3600-level and ended at a 15-1/2-month high at 3607 at the Bombay Stock Exchange (BSE) on June 30 on unabated buying by operators and fresh purchases from Foreign Institutional Investors (FIIs).
New Intel processors strengthen high-end line-up
New Delhi: Intel Corporation on June 30 introduced new IntelŪ ItaniumŪ 2 processors and Intel Xeon processors MP, further strengthening Intel's products for high-end enterprise computing.
Economic growth slips to 4.3 per cent in 2002-03
New Delhi: Hit hard by dismal show in the farm sector, economic growth slowed down to 4.3 per cent during 2002-03 as against 5.6 per cent in the previous fiscal.
Subex bags coveted Romanian GSM operator order
Bangalore: Bangalore-based telecom software products company Subex Systems on June 30 announced it has won a major order from Connex, the leading GSM operator in Romania, to deploy its revenue assurance solution, INcharge.
INTERNATIONAL 'India, China must not look at each other as rivals'
Shanghai: Favouring a new beginning between India and China to forge better understanding and cooperation in view of the landmark agreement reached this week, Information and Technology Minister Arun Shourie on June 26 said both the countries should not look at each other as rivals.