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NATIONAL
Equities suffer another setback on sustained selling
Mumbai: Equities suffered another setback and in turn, extended the SENSEX's fall to second consecutive session on the Bombay Stock Exchange (BSE) on July 18 on sustained selling pressure from operators as well as local mutual fu

'Previous govts responsible for high oil import bill'
Mandir Hasoud (Chhatisgarh): Alleging that the previous governments were responsible for the high oil import bill, Union Petroleum and Natural Gas Minister Ram Naik on July 18 said the government was vigorously working towards making the country self-sufficient in production of crude oil.

'Wipro actively scouting for IT, BPO acquisitions'
Bangalore: Infotech major Wipro Limited on July 18 said it was actively looking at acquisitions in Information Technology (IT) services, Business Process Outsourcing (BPO) and consumer care and lighting space to add value.

Wipro reports 43 per cent rise in net profit
Bangalore: Software major Wipro on July 18 reported a 43 per cent rise in its net profit for the first quarter of 2003-2004 at Rs 206 crore over the corresponding quarter of the previous fiscal.

INTERNATIONAL
BT unfazed by criticism over India call centre plans
London: British Telecom's decision to outsource in India came under attack at its annual meeting in London but its chairman Sir Christopher hit back saying the company's business had been "transformed" by the new management.