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Home -> Finance -> News

NATIONAL
Fare war: Indian Airlines cuts fares on 10 sectors
Responding to the renewed fare-war among domestic carriers, Indian Airlines today (Sep 15, 2004) jumped into the fray announcing low rates for specific flights on ten sectors following its competitors Jet Airways and Air Sahara.

Jules Rondepierre heads Nirvana's airlines division
Nirvana Business Solutions, the rapidly expanding, Bangalore-based next generation Business Process Outsourcing (BPO) service provider, has announced the appointment of Jules Rondepierre as the President of its Airlines Services Division.

BSE: Market snaps eight-day long winning streak
The market snapped eight-session long winning streak and ended marginally lower as equities gave up early gains and a few blue chips even registered falls on later profit taking by domestic financial institutions as well as operators and retail investors.

Bharti Tele ventures unifies its brands under Airtel
Telecom conglomerate Bharti Tele-Ventures has unified its brands under the flagship brand of Airtel with an intention to be seen as an integrated telecom services player rather than just operating in the mobile space.

Left not a dampner to economic reforms: World Bank
World Bank does not believe Left parties, which offer crucial support to the UPA (United Progressive Alliance) Government, are a dampner to taking India's economic reforms forward, and says the coalition's Common Minimum Programme (CMP) is a "very strong and positive agenda".

SIDBI to launch Rs 500 crore VC fund for SMEs
Small Industries Development Bank of India (SIDBI) will launch a Rs 500 crore venture capital fund with participation from some commercial banks targeted at small and medium enterprises (SME) this month end, SIDBI Chairman and Managing Director, V K Chopra said today (Sep 15, 2004).

'EU to be India's major trade, investment partner'
Despite the fact that enlargement of European Union (EU) poses new challenges for its existing trading partners, it may emerge as a prominent trade and investment partner of India in near future, says an expert.

FIIs back to Indian bourses: Sensex opens firm at BSE
The Sensex opened firm and continued its upward march in line with a fresh stocks upsurge during morning trading at the Bombay Stock Exchange (BSE) today (Sep 15, 2004) on the back of consistent FII (Foreign Institutional Investors) inflow.