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Headlines Now
NATIONAL
India wins case against European Commission at WTO
New Delhi: In a dispute pertaining to preferential treatment to some countries, a World Trade Organisation (WTO) dispute settlement panel has ruled in India's favour against the European Commission.

Kuwait's Gulf Bank implements i-Flex's Flexcube
Bangalore: i-Flex Solutions, Information Technology solutions provider to the financial services industry, today (Dec 2, 2003) announced that its flagship product Flexcube has gone live in Kuwait's Gulf Bank.

Heavy investments by FIIs, SENSEX crosses 5200
Mumbai: The SENSEX neared the 44-month high at close after breaking 5200-mark during trading, in volatile and stock-specific activity at the Bombay Stock Exchange (BSE) today (Dec 2) on alternate bouts of buying and selling.

Subex Systems launches operations in China
Bangalore: Bangalore-based telecom software product company Subex Systems today (Dec 1, 2003) launched its operations in China, where it's targeting a 15 per cent market share in the space it's operating in two years, contributing $ eight million to its revenues.

INTERNATIONAL
India flays developed nations for trade distortion
Rome: In a scathing attack on the developed countries, India today (Dec 2, 2003) said they had not taken into account the interests of farmers of the poor nations and distorted the entire agri-pricing structure of the world.

UK insurance giant Aviva to create 2,500 jobs in India
London: British insurance giant Aviva today (Dec 2, 2003) announced that it will hire 2,500 people in India next year to serve its businesses in the UK and Canada.

UK insurance giant Aviva to create 2,500 jobs in India
London: British insurance giant Aviva today (Dec 2, 2003) announced that it will hire 2,500 people in India next year to serve its businesses in the UK and Canada.