NATIONAL IA, AI privatisation: Banks to be involved With a view to professionalise the managements of public sector carriers Air India (AI) and Indian Airlines (IA) before privatising them, the Ministries of Finance and Civil Aviation have considered a proposal to involve financial institutions to issue additional equity to reduce Government stake in them, official sources said today (Feb 28, 2004).
Sensex dives by 3.13 per cent for second week The sensex dived by another 3.13 per cent even as stocks staged a smart recovery on Friday (Feb 7, 2004) on the Stock Exchange, Mumbai (BSE) in the week under review.
INTERNATIONAL US stands to benefit from outsourcing: WTO Deploring attacks by both Democrats and Republicans on outsourcing of jobs to countries like India, the World Trade Organisation (WTO) has said the US benefits by free trade in goods and services, and not by withdrawing into a shell.
