NATIONAL BSE to replace L&T in Sensex with Maruti Udyog The Bombay Stock Exchange (BSE) is to induct the scrip of Maruti Udyog Ltd in BSE 30-stock Index in place of Larsen & Toubro Ltd's stock from May 19, 2004.
Cong says 'yes' to disinvestment, 'no' to privatisation Setting at rest speculation of any rollback of disinvestment of cash-rich oil companies in the wake of blue-chip oil firms taking a beating in the stock market, Congress today (May 15, 2004) said it will pursue the reform policy but was against their privatisation as they were "strategic companies".
Sensex sheds 600-pts in worst-ever week in BSE history In the worst-ever week in the history of bourses, the Sensex plunged by a record 600 points wiping out over Rs 1,72,800 crore of shareholder wealth in five trading sessions as investors pressed sell button in reaction to political developments at the Centre.
Wipro looks to tap booming Chinese IT market Leading Information Technology company Wipro has started looking at tapping the booming Chinese IT market, sources said today (May 14, 2004).
130 mn toxic cellphones set to be dumped in India Environmentalists better watch out! Over 130 million cellphones, or potential time bombs as they are being called by experts because of the toxic materials they contain, will be discarded by the Americans by next year and they would most probably be heading towards Indian shores to be dumped here.
