NATIONAL Surge in mobile users takes telecom user base to 7.67 cr India's telecom subscriber base grew by 8.5 per cent to touch 7.67 crore (76.7 million) for the quarter ended March 2004 compared to the previous quarter, primarily driven by a whopping surge in mobile phone users.
BSE: Sensex slumps to one-month low of 4644.00 The sensex slumped by 91.86 points to close at a one-month low of 4644.00 at the stock exchange today (June 23, 2004), pulled down by sustained heavy selling in key heavy weighted counters, stretching losses to the fourth straight session amidst bearish sentiments ruling the market.
Japanese bank implements i-Flex's Flexcube solution i-Flex solutions, a leading financial services solution provider, today (June 23, 2004) announced that its Flexcube product suite, a complete end-to-end application for the financial services industry, was launched in Nippon Shinko Bank Limited in Japan.
eBay buys Baazee.com for $ 50 million eBay, the world's largest online auctioneer, has bought out Baazee.com Inc, India's largest online marketplace, and its subsidiary Baazee.com India Pvt Ltd, for $ 50 million.
Budget view: Economists advise FM to cut subsidies Sounding alarm bells that the Common Minimum Programme (CMP) of the Government is a recipe for higher fiscal deficit, economists have asked Finance Minister P Chidambaram to take stringent measures to cut subsidies and strive to broaden the tax base in the Budget for 2004-05.
INTERNATIONAL US not against BPO; wants opening of Indian markets United States has said that it does not oppose outsourcing of jobs but would like an opening of markets in India to provide more jobs to Americans.
