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Home -> Finance -> News

NATIONAL
Jaitley may attend London meeting on WTO talks
India may be represented by Commerce Minister Arun Jaitley at an informal conclave of key trade ministers convened by US Trade Representative Robert Zoellick in London this week to break the impasse in WTO talks.

Stock market crashes on poor forecast for NDA
The Sensex went into a tailspin after opening with a wide downward gap of 57 points and ended with a huge 213-point fall, the biggest since March 2001, on across-the-board sell-off fuelled by the exit polls adverse projections for the BJP-led NDA in second phase of elections.

Jet Airways launches e-ticketing in Mumbai
Jet Airways today (Apr 27, 2004) launched its online booking facility with e-ticketing enabling passengers to book tickets to any of its destinations in India on the Internet.

Indian banking industry poised for mega-mergers
India's banking industry will see a lot of mergers in the near future and emerge as the best in the world in 20 years, a senior banker said today (April 27, 2004).

Infosys signs up China Bank to deploy Finacle
Infosys Technologies today (Apr 27, 2004) announced that it has signed up China Banking Corporation (China Bank), the Philippines, to deploy Finacle, its banking solution for its Internet banking initiative.

Market crashes on exit polls bad prediction for NDA
Reacting negatively to the adverse projections for the National Democratic Alliance (NDA) in the second phase of elections, the Sensex opened weak and later dropped sharply by over 160 points during morning trading on the Bombay Stock Exchange (BSE) today (Apr 27, 2004).

INTERNATIONAL
India concerned over misuse of Regional Trade pacts
India has voiced concern over the emergence of some regional trading agreements (RTAs) with social clauses incorporated in them, saying that RTAs should not be used as a tool to force the implementation of some unrelated issues.

Apollo Hospitals, India's new BPO coup: WSJ
Apollo Hospital's emergence as a global health care provider in many ways tracks India 's economic trajectory over the past three decades, the 'Wall Street Journal' has said.