NATIONAL Left effect: Govt defers decision on fuel price hike The Union Cabinet today (Oct 27, 2004) deferred a decision on raising petrol and diesel prices by Rs 1.60 per litre and Rs 0.65 a litre respectively even as Oil Minister Mani Shankar Aiyar plans to discuss the issue with the Left parties this week.
Peeved IT Cos commit participation in B'lore IT. Com An informal forum of IT companies in India's silicon valley, Bangalore Forum for Information Technology (BFIT) today (Oct 27, 2004) backed out of their plans to boycott the Bangalore IT. COM following assurances from the Government to improve the city's infrastructure.
Market extends gains amid doubts on growth projection The market extended gains for the second straight day and the Sensex ended 12 points up as operators covered short positions amidst apprehensions over apex bank's lower growth projections and higher inflation for this fiscal.
'Indian Cos sought for 4th Gen telecom products' Indian software firms are being courted by American and European companies for research and developing solutions for fourth generation (4G) telecom products designed for deployment across the world, NASSCOM (National Association of Software and Service Companies) president Kiran Karnik said today (Oct 27, 2004).
Govt clears setting up of Investment Commission Government today (Oct 27, 2004) cleared setting up of an Investment Commission to woo foreign as well as domestic investors for major projects in the country.
INTERNATIONAL Resin from India 'dumped' in US: Commerce Department The United States has accused several Indian companies, including industrial giant Reliance Industries, of "dumping" bottle-grade polyethylene terephthalate (BG PET) resin, used to manufacture bottles, sheet and strapping for the packaging industry, in America.
Indica & Indigo to be available in South Africa Indica and Indigo, the two models from the Tata Motors stable will soon be available in South Africa within a month, Tata Group chairman Ratan N Tata has announced.
