Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> News

NATIONAL
Microsoft signs MoU with WB Govt on IT education
Microsoft Corporation India Pvt Limited, subsidiary of US software giant Microsoft Corp, has signed an memorandum of understanding (MoU) with the West Bengal Government for rolling out its Partners-in-Learning programme in the State.

Ex-Infy Director settles sexual harassment case
Infosys Technologies Ltd today (Nov 24, 2004) said its former director Phaneesh Murthy has settled a sexual harrassment lawsuit filed against him by a former female employee under which $80,000 have been paid.

Anil and Mukesh Ambani tussle may reach the court
Reliance Vice Chairman Anil Ambani continued his public silence over differences with his elder brother Mukesh, but the two siblings are believed to be consulting their legal experts.

Bhakta to reconsider resignation from RIL board
Mansingh L Bhakta, Reliance Industries Ltd (RIL) director who had expressed desire to quit the company's board, will reconsider his decision to resign. Reliance group chairman Mukesh Ambani today (Nov 24, 2004) met Bhakta and the latter had agreed to reconsider his resignation, RIL said in a release in Mumbai today (Nov 24, 2004). Bhakta, who has been on the board since 1977, had yesterday (Nov 24, 2004) sent a letter expressing his desire to step down from the board.

Market ends at 10-month high, RIL group affected
The market today (Nov 24, 2004) ended 26 points up at a 10-month high of 6035.95 in volatile activity, extending its gains to third session in a row, even as differences over "ownership issues" pertaining to Reliance continued to have negative impact on its group shares.

'Remove infrastructure hurdles to improve investment'
World Bank today (Nov 24, 2004) said India should reduce entry and exit barriers for manufacturing sector and remove infrastructure bottlenecks for improving investment climate and also hike investment rate to 30 per cent to sustain eight per cent economic growth.

B'lore-based Consign launches new tool for mobiles
Consign Technology today (Nov 24, 2004) launched its multi-platform application development tool for mobile, handheld and wireless devices.

Oracle & Dell extend global alliance in India
Oracle India and Dell India today (Nov 24, 2004) extended their global alliance in India to provide customers with a single point of contact for their Linux and Oracle real application cluster (RAC) computing requirements.

Gas pipeline part of wider Eco Coop with Pak: Aiyar
India today (Nov 24, 2004) said the $ 4.16 billion Iran-India gas pipeline passing through Pakistan will have to be considered as a part of wider economic and trade cooperation between New Delhi and Islamabad.

Sierra Atlantic to expand its PeopleSoft-CoE
Hyderabad-based software company Sierra Atlantic on Tuesday (Nov 23, 2004) announced expansion of its PeopleSoft Centre of Excellence (CoE) at their Global Development premises in Hyderabad to meet growing business demand from its new and existing clients in USA, Europe and South East Asia.

Microsoft launches 'Bhasha' MS Office in Kannada
Microsoft on Tuesday (Nov 23, 2004) launched Kannada language interface for Microsoft Office 2003 under the project 'Bhasha'.

Sensex up in volatile market, RIL remains weak
The Sensex today (Nov 24, 2004) rallied smartly in a fairly volatile market during morning trading even as shares of Reliance group companies reacted negatively on the Bombay Stock Exchange.

Express highway to boost trade in NE: Nagaland CM
Nagaland Chief Minister Neiphiu Rio has exuded confidence that building of an express highway to South East Asia through the Northeast will boost trade, commerce and other such activities in the region.