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Home -> Finance -> News

NATIONAL
Hard economic decisions must for 7-8% growth: Montek
Barely days ahead of the Union Budget for 2004-05, the Planning Commission today (July 5, 2004) said hard decisions were a must to attain 7-8 per cent economic growth, which would also hinge on reversing the slowdown in agriculture growth.

Banking shares lead the fall, Sensex down by 26 pts
Banking shares suffered sharply on the stock exchange in Mumbai today (July 5, 2004) due to heavy selling following RBI proposal regarding the maximum holding by an group in a private bank which pulled down the sensex by 26.81 points to close at 4843.77.

Karnataka Govt takes IT and BPO beyond Bangalore
The new Karnataka Government is focusing its thrust to expand beyond Bangalore the spread of Information Technology and IT enabled services industry by identifying five second tier cities for further growth of the fast growing sector, officials said today (Jul 5, 2004).

Jataayu, MontaVista Software enter into alliance
Jataayu Software today (Jul 5, 2004) announced that it has entered into an alliance with MontaVista Software Inc., to make available Jataayu's infrastructure and mobile device solutions on the MontaVista Linux platform.