NATIONAL IA Board approves plan to buy 43 Airbus aircraft After a delay of two years, the Indian Airlines Board today (Oct 13, 2004) gave the final nod to its plan to purchase 43 Airbus aircraft at a cost of over Rs 10,000 crore and urged the Government to expeditiously secure the Public Investment Board's (PIB) approval to ensure fast-track acquisition.
NALCO expansion to help make it globally competitive The Rs 4091.51 crore expansion plan of the aluminium major NALCO (National Aluminium Company), approved by the Cabinet Committee on Economic Affairs today (Oct 13, 2004), will go a long way in making the public sector undertaking (PSU) globally competitive, sources said.
Google to begin speech and multimedia content search Worlds' largest internet search engine Google has begun work on speech and multimedia content search even as its founders today (Oct 13, 2004) said that text search will continue to be dominant in future.
"We are working on speech, image and multimedia content search. But text will be a huge area and a medium that will continue....we believe text will remain dominant for many years," Google co-founder and president, Larry Page told reporters in Bangalore at its India R&D centre.
Page and co-founder Sergey Brin, who heads technology, are here on their first visit to the country, bullish of its India team building "great products" for the world.
IT giant TCS reports a 51.8 pc rise in net profit Information technology giant Tata Consultancy Services Ltd has reported a 51.8 per cent rise in its net profit at Rs 342.19 crore (Rs 3.421 billion) for the second quarter ended September 30, 2004 over same period last fiscal.
Centre's indirect tax mop-up rose by over 25 pc Centre's indirect tax mop-up rose by over 25 per cent to Rs 15,132.65 crore in September due to double digit growth in collection of customs, excise and service taxes.
