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Home -> Finance -> News

NATIONAL
ICICI Bank hikes deposit, lending rates by 0.25-0.75 pc
Responding to hardening of interest rates in the financial markets, ICICI Bank has hiked domestic term deposits and lending rates, including those on home loans by 0.25-0.75 per cent, effective tomorrow (Nov 17, 2004).

TeamLease introduces BPO-ITES training for students
Staffing firm TeamLease Services today (Nov 16, 2004) said it has introduced BPO-ITeS training for students of colleges and technical institutions with an aim to address the growing demand for the fast growing sector.

Market once again hits 6000-mark, ends at 5996.70
Led by banking and auto sectors, the market once again hit the magic 6000-mark before ending at 5996.70 today (Nov 16, 2004) in an otherwise restricted activity with foreign funds playing pivotal role amid sliding global oil prices.

Cooperatives suffering from lack of autonomy: PM
Worried over the lack of autonomy for cooperatives, Prime Minister Manmohan Singh today (Nov 16, 2004) said the UPA (United Progressive Alliance) Government was considering constitutional amendments to ensure democratic, autonomous and professional functioning of cooperative bodies.

No rollback on hike in LPG prices, says Aiyar
LPG prices will go up by Rs five per cylinder every month with the Government today (Nov 16, 2004) saying that there is no roll-back in the decision.

Microsoft goes local! Windows in 14 Indian languages
Microsoft today (Nov 16, 2004) announced its decision to localise Windows and Office software in 14 Indian languages over the next 12 months and said India must take steps to increase computer penetration in the country.

INTERNATIONAL
Azim Premji in world's top 25 billionaires' list
Wipro chairman Azim Premji has made it to the Financial Times' list of world's top 25 billionaires who have done most to bring about significant social, cultural and political changes in the way people live.