NATIONAL IA hikes air fare in view of rise in fuel prices Indian Airlines today (June 1, 2004) announced a hike of Rs 200 on air fare with immediate effect on all international sectors and domestic routes leading to international destination in view of continuing trend of increase in fuel prices.
Government may divest 5 per cent stake in BSNL In a bid to consolidate the position of its public sector telecom companies, the Government may consider five per cent divestment in Bharat Sanchar Nigam Ltd (BSNL) before looking at the option of merging it with Mahanagar Telephone Nigam Ltd (MTNL).
Karnataka to groom students for BPO, ITeS sector Karnataka is mulling launch of a "trainers training programme" aimed at polishing skills of teachers for grooming students for employment in the fast growing Business Process Outsourcing (BPO) and IT-enabled Services (ITeS) industry.
FII inflows shore up Sensex; up by 75.50 points The market bounced back with a vengeance and recouped overnight losses aiding the Sensex to end 76 points up at the Bombay Stock Exchange (BSE) today (June 1) on hectic short-covering prompted by positive FIIs (Foreign Institutional Investors) inflows on Friday.
Litmus test for UPA; what'll the Union Budget have? The Union Budget for 2004-05, which is being viewed as a "litmus test" for the Congress-led Government, may unveil the roadmap for wiping out revenue deficit well in advance by 2007 and a subsequent reduction in fiscal deficit to manageable limits.
Karnataka IT exports jump 46 %; touch $ 4 billion Karnataka registered a three-year high in software and Business Process Outsourcing (BPO) exports to touch Rs 18,100 crores ($ 4 billion) for 2003-04, a 46 per cent jump over Rs 12,350 crore in the previous fiscal.
BSE: Sensex opens high, shows signs of rally The Sensex opened sharply higher at 4792.01 as against yesterday's (May 31, 2004) close of 4759.62 and showed a sign of further rally on the stock exchange (BSE) at early stages today (Jun 1, 2004).
