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Home -> Finance -> News

NATIONAL
Govt hopes to end the fiscal with cash surplus
The ceiling on the proposed market stabilisation fund will be Rs 60,000 crore and bonds or bills for the fund would be issued over a one-year period, Union Expenditure secretary D Swaroop said today (Feb 23, 2004).

Wipro-Nokia to provide services for handset makers
Wipro Technologies, the global technology services division of Wipro Limited, today (Feb 23, 2004) said it has signed an agreement with Finnish mobile major Nokia to provide smart phone development and integration services for handset manufacturers on 60 series platform.

Stocks under pressure, Sensex crashes by 153 pts
Fresh onslaught by retailers sent stocks reeling down sharply and the Sensex crashed by 153 points at close at the Bombay Stock Exchange (BSE) today (Feb 23, 2004).

Sensex shows mixed trend with narrow movements
The Sensex opened moderately higher and later witnessed narrow movements in line with a mixed trend in lacklustre activity during morning trading on the Stock Exchange today (Feb 23, 2004) on alternate bouts of buying and selling by retailers and operators.

INTERNATIONAL
Kerala signs $ 10 mn deal with Chinese company
Signalling growing Sino-Indian bilateral trade ties, the State of Kerala today (Feb 23, 2004) signed a major deal with a Chinese company for the export of titanium dioxide worth $ 10 million.