NATIONAL Bull run continues at BSE; Sensex ends at 6039
Mumbai: The Sensex ended at a new all-time high at 6039.00 and even as late sell-off by local financial institutions pared major part of early gains in an otherwise erratic movements at the Bombay Stock Exchange (BSE) in Mumbai today (Jan 5, 2004).
Aircom Intl acquires HCL Perot's share in JV
Bangalore: Bangalore: UK based Aircom International Limited has formally announced that it has bought out the 49.5% equity shares of erstwhile HCL Perot Systems (HPS) from their joint venture known as Aircom HPS Wireless Services (AHWS).
IDBI Bank buys BNP Paribas' call centre equipment
New Delhi: IDBI Bank has bought over the call centre equipment from BNP Paribas and introduced new services, including instant registration and electronic fund transfer, from its upgraded call centre in Mumbai.
CII asks Govt to open up economy to SAARC nations
New Delhi: Asserting it was incumbent on India to take a more liberal approach due to the size of its economy, the Confederation of Indian Industry (CII) has asked the Government to unilaterally allow duty-free access to products from the SAARC (South Asian Association for Regional Co-operation) countries besides allowing investment from South Asian nations to Indian stock exchanges.
BSE: Sensex opens firm on unabated buying
Mumbai: After ending at an all-time high at 6026.59 last Friday (Jan 2, 2004), the Sensex opened firm and rallied further during morning trading on the Bombay Stock Exchange (BSE) today (Jan 5) on unabated buying by bull operators coupled with sustained purchases by foreign institutional investors (FIIs).
INTERNATIONAL Indian stocks most attractive: Wall Street Journal
Washington: Indian stocks have maintained their allure and are expected to be more profitable than other stock markets in the region, according to a media report.
India's progress more impressive than China's: Drucker
Washington: As US-based companies paid workers in India, China and the Philippines almost $ 10 billion in 2002 for services that can be performed more cheaply by them than Americans, the job crisis in US should be blamed on changing technology and not on outsourcing, according to an economist in Washington.
