NATIONAL Govt in talks with Suzuki to offload equity in MUL
New Delhi: Government today (Jan 9, 2004) said it had started talks with Japanese auto major Suzuki for offloading its remaining equity in joint venture Maruti Udyog Ltd (MUL).
TRAI to regulate broadcasting, cable services
New Delhi: Government today (Jan 9, 2004) announced that telecom regulator TRAI (Telecom regulatory Authority of India) would also act as regulator for broadcasting and cable services.
RBI's 7.0 pc growth projection-conservative: Jaswant
New Delhi: Finance Minister Jaswant Singh today (Jan 9, 2004) described the RBI's (Reserve Bank of India) latest growth projection of seven per cent (7 %) as conservative and indicated it would be much higher this fiscal after a "satisfying" second quarter performance.
Intel, Railways introduce 'on-board' Internet access
New Delhi: Intel Technologies India Pvt Ltd, with support from Indian Railways, today (Jan 9, 2004) announced India's first ever in-train Internet access service. The service is available aboard North India-bound Shatabadi trains, covering seven cities in North India until January 28, 2004.
Shourie to inaugurate Asian IT Ministers' Summit
Hyderabad: The Union Minister of Communication and IT Arun Shourie on January 12 would inaugurate the two-day Second Asian IT Ministers? summit.
Now, Indian corporates can go global in agri sector
New Delhi: Prime Minister Atal Bihari Vajpayee today allowed Indian corporates to make freely overseas investment upto 100 per cent of their networth while lifting the current restriction of $ 100 million, and said the industry would be allowed to go global in the area of agricultural sector.
Sensex breaks all records; opens past 6200-mark
Mumbai: The Sensex surpassed all previous records by opening the session with a wide upward gap of over 100 points past the 6200-mark in line with a strong stocks rally prompted by announcement of sweeping tax cuts by the Centre.
Infosys Q3 net profit up 28 pc to Rs 328.14 crore
Mumbai: Mphasis BFL group has reported a 56.76 per cent rise in consolidated net profit for the third quarter ended December 31, 2003 at Rs 28.50 crore (Rs 285 million) compared to Rs 18.18 crore (Rs 181.8 million) posted in the same period the previous fiscal.