NATIONAL Bangalore still a hot favourite for investors Dismissing the charges that Bangalore is losing investments due to infrastructure hurdles, director of Software Technology Parks in India-Bangalore, B V Naidu, on Wednesday (Aug 25, 2004) said that in the last five months alone 82 companies have come to Bangalore and the value of investment has touched around Rs 700 crore (Rs 7 billion).
Ford launches 'Fusion' to target small car owners American car maker Ford today (Aug 25, 2004) said it would launch in India "Fusion", a vehicle targeted at consumers planning an upgrade from small car to mid-sized sedans and utility vehicles in India.
Reliance adjudged India's most admired company Reliance Group has emerged as India's 'most admired business house' for the fourth consecutive year in the 'Business Barons - TNS Mode Opinion Poll' for 2004. The results of this exclusive poll appear in the 8th anniversary issue of Business Barons, a business magazine.
Air Deccan takes on big players on trunk routes No-frills airline Air Deccan today (Aug 25, 2004) launched its operations on the profitable trunk routes at slashed rates to take on the major domestic airlines, while announcing that it would increase its fleet strength to over 33 aircraft from the existing nine in two years.
Outsourcing to boost India's travelling sector Global research firm Gartner Inc expects an increase in travel to and from India, mirroring the growth trajectory of the country's information technology and business process outsourcing (BPO) segments.
Sensex gains 21.17 pts on select blue chip rally Select blue chip counters rallied smartly after the mid session, aiding Sensex extend its gains for the second session in a row in an otherwise dull activity at the Bombay Stock Exchange (BSE) today (Aug 25, 2004) on late short covering as well as fresh buying by retail operators.
TCS scrip listed on BSE, first trade at Rs 1076 Tata Consultancy Services Ltd's (TCS) scrip was today (Aug 25, 2004) listed at the Bombay Stock Exchange (BSE) and the first deal was struck at Rs 1076, at premium to the issue price of Rs 850 per share of Rs one each.
India, Gulf Council sign pact on Economic Cooperation Giving a boost to their commercial and economic ties, India and Gulf Cooperation Council today (Aug 25, 2004) signed a Framework Agreement on Economic Cooperation to explore the possibility of a Free Trade Area (FTA) between them.
INTERNATIONAL California Senate okays bill banning offshoring Despite stiff opposition from local businesses, the California Senate has passed a controversial bill banning State agencies from contracting services to companies that use overseas labour.
