Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> News

NATIONAL
TRAI pulls up mobile operators for 'muted' growth
Telecom Regulatory Authority of India (TRAI) today (May 6, 2004) held mobile telephone operators responsible for not achieving the targeted additions in subscribers per month as per the National Telecom Policy (NTP) document of 1999.

Positive exit poll forecast lifts Sensex by 71 pts
Positive exit poll predictions for NDA (National Democratic Alliance) lifted the Sensex for the third successive day by a whopping 71.11 points to close at 5757.30 at the Bombay Stock Exchange today (May 6, 2004) on sustained buying by operators despite slow down in Foreign Funds inflow.

Spectrum unleashes its powerful new SpectrumSCM 2.0
Atlanta-based Spectrum Software, Inc, a systems designer and developer of software productivity tools, announced today (May 6, 2004) the availability of SpectrumSCM 2.0.

Sensex records huge gains, surges by 66 points
The Sensex opened above the 5,700-mark with a huge gain of 64 points at 5,750. All-round buying support saw the index spurt to an early high of 5,772, and is now up 66 points at 5,752.

Google Inc opens high-end R&D centre in Bangalore
Google Inc, the world's largest search engine, has opened its high-end research and development centre in Bangalore.

INTERNATIONAL
Worldwide BPO market to reach $ 682 bn in 2008
The worldwide business process outsourcing (BPO) market will reach $ 682.5 billion in the year 2008, according to a study by analyst firm IDC.

India, EU buck global food shortfall trend in 2004
Bucking the trend of shortfall in world food production, India's output along with that of the European Union (EU) is expected to be higher this year, according to Earth Policy Institute, an environmental research group.

'China foreign trade to reach record $ one trillion'
With the global economy picking up, China's foreign trade this year is forecast to reach a record one trillion US Dollars, up 17 per cent on a year-on-year base, according to an official forecast.