NATIONAL Reliance Gateway to acquire FLAG for $ 207 mn
Mumbai: Reliance Gateway, a wholly owned subsidiary of Reliance Infocomm, is to acquire the total
stake of Fibre Loop Across Globe (FLAG) for $ 207 million.
Moody's project 7% GDP; upbeat on Indian economy
New Delhi: Global rating agency Moody's on October 16 placed India on a possible upgrade on foreign currency debt and painted a rosy picture for the economy, projecting a seven per cent growth.
Adobe Systems announces partnership with TCS
Bangalore: US-based publishing software firm Adobe Systems Inc on October 16 announced a tie-up with Tata Consultancy Services (TCS), in which TCS will integrate and resell Adobe products as part of their enterprise solution offerings, besides setting up a centre of excellence dedicated to Adobe
technologies.
Reliance Q2 net up 26.04 pc at Rs 1,263 crore
Mumbai: Buoyed by a sharp rise in flow of investments, the SENSEX once again breached the 4900-mark during the trading session before ending below this level in volatile activity at the Bombay Stock Exchange (BSE) on October 16.
Reliance posts 26% rise in net profit in Q2
Mumbai: Beating the market expectations, Reliance Industries Ltd (RIL) has posted 26.04 per cent rise in net profit at Rs 1,263 crore for the second quarter ended September 30, 2003, compared to Rs 1,002 crore in same period previous fiscal.
Adobe bets on e-governance to drive growth in India
Bangalore: US-based publishing software firm Adobe is developing its popular Acrobat Reader in Hindi and other Indian languages in an attempt to grab a chunk of the "multi-million Dollar" opportunity in the country's e-governance programmes.
Bull run continues; SENSEX crosses 4900-mark
Mumbai: Buoyed by increased purchases by foreign institutional investors (FIIs), the SENSEX opened on a strong footing and rose past 4900-mark as shares continued their upward march during morning
trading on the Bombay Stock Exchange (BSE) on October 16.
