NATIONAL 'India, China will be the most energy-hungry nations'
New Delhi: India will require a whopping $ 100-150 billion worth of investments in the next 10-15 years to meet energy demands and ensure long-term energy security, Finance Minister Jaswant Singh said today (Jan 14, 2004).
Sensex hits new all-time closing peak at 6194.11
Mumbai: Driven by sustained FII (Foreign Institutional Investors) inflows and fresh buying by local mutual funds, the Sensex jumped to the new all-time closing peak at 6194.11 in line with a fresh stocks rally at the Bombay Stock Exchange today (Jan 14, 2004).
ONGC public issue to hit market around early March
New Delhi: Oil major Oil and Natural Gas Corporation (ONGC) expects to hit the market with a public offering of 10 per cent Government equity by early March, a top official said today (Jan 14, 2004).
'Car sales rose by 36.5 per cent in December'
New Delhi: The domestic car sales rose by 36.5 per cent in December, as nine out of 11 carmakers recorded more demand due to lower prices after a budgetary cut in excise, cheap finance schemes and announcements of price hike in January.
INTERNATIONAL UK banking giant Abbey to move jobs to India
London: In an effort to cut down losses, banking giant Abbey has decided to shed 400 jobs in England and move some telephone enquiry jobs to India.
Telstra under fire for exporting jobs to India
Sydney: Australia's Telecommunications and information services giant Telstra has come under attack from the Government and Trade Unions over an agreement to move 450 jobs to India, in one of the largest moves by a local firm to transfer employment to low-wage countries.
