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Home -> Finance -> News

NATIONAL
SEBI derecognises Mangalore Stock Exchange
Securities and Exchange Board of India (SEBI) has derecognised the Mangalore Stock Exchange (MGSE) for serious irregularities in running the exchange, failure of the governing board to ensure proper governance and non-compliance with directives issued by the regulator.

ICICI OneSource acquires 51 % stake in Pipal Research
BPO service provider ICICI OneSource Ltd today (Sep 1, 2004) announced that it has acquired a 51 per cent stake in Pipal Research, an Illinois, USA incorporated company.

IBM ThinkPad beats HP, No 2 in Global sales
IBM today (Sep 1, 2004) announced that it has moved into second place in worldwide commercial PC notebook customer spending, surpassing HP (Helvett Packard) in the second quarter 2004, according to data released by market research firm IDC.

Bloomba, world's 1st search-based e-mail in India
Bloomba, the world's first search-based e-mail, developed by Chennai-based iSoftTech for its US client Stata Labs, is now available in India.

BSE: Market ends on a positive note, up 18 pts
The market witnessed scrip-specific activity and ended in positive territory for the third consecutive session in extremely narrow movements at the Bombay Stock Exchange (BSE) today (Sep 1, 2004) on fresh buying support from investors.

INTERNATIONAL
India to construct 5 IT parks in Iran, to train 5,000
Iran today (Sep 1, 2004) said India will set up five Information Technology (IT) parks in the country to train 5,000 personnel.