NATIONAL Resignations will be considered at apt time: Anil Reliance Energy chairman Anil Ambani tonight (Nov 25, 2004) refused to join issues with his elder brother Mukesh Ambani on the raging battle between them.
Genesis of Ambani's rift lies in July 27 meet The genesis of the rift in the Reliance Group lies in a board meeting on July 27 last which redefined the powers and authority of Mukesh Ambani, the RIL (Reliance Industries Ltd) Chairman and Managing Director, and his younger brother Anil Ambani, the Vice Chairman and Managing Director, informed sources said today (Nov 25, 2004).
Tune your processes and systems for quality: Premji Wipro Chairman Azim Premji today (Nov 25, 2004) stressed that organisations focused on quality should tune their systems and processes towards achieving objective as any inconsistency could result in failure.
Dell to increase headcount and invest more in India Terming India as its fastest growing market in Asia Pacific with 43 per cent year-on-year growth, hardware major Dell on Wednesday (Nov 24, 2004) said that it would invest more in the country and raise the headcount.
Market reacts to REL resignation news, dips by 67 pts Reacting to news of resignation by six board of Directors of Reliance Energy Ltd (REL), the Market came crashing like a pack of cards to 6014.98 at 2.45 hrs (IST) from the day's high of 6081.74, a intra-day fall of 67 points.
Six 'Reliance Energy Ltd' directors resign Six Directors of Reliance Energy Ltd (REL) resigned today (Nov 25, 2004) as the differences between the Ambani brothers showed no signs of abating.
SC to hear Reliance-BSNL call row on Dec 3, 2004 The Supreme Court today (Nov 25, 2004) fixed Dec 3, 2004 as the next date of hearing on a petition filed by BSNL (Bharat Sanchar Nigam Ltd) challenging a Delhi High Court interim order restraining the PSU (Public Sector Undertaking) from disconnecting the Points of Interconnection with Reliance over the issue of passing international calls as local ones.
Railways to hike freight rates from Nov 27 The Railways have decided to increase the freight rates for coal, iron ore and some other items effective from Saturday (Nov 27, 2004) to mop up Rs 400 crore for the current year in a bid to partially offset the additional burden on account of hike in the prices of diesel and steel.
'Government has no role to play in Reliance matters' Union Company Affairs Minister P C Gupta today (Nov 25, 2004) said the Government has no role to play in the "ownership differences" in the Reliance Industries Ltd (RIL) as the management of the company is in perfect order.
Sensex continues upward trend on buying support The Sensex turned better after a hesitant start and continued upward trend during morning trading on the Stock Exchange in Mumbai (BSE) today (Nov 25, 2004) on sustained buying support from investors.
The BSE Benchmark 30-share Index opened fractionally down at 6034.72 as against yesterday's (Nov 24, 2004) close of 6035.95 but later turned bullish rising to a high of 6057.60 before being quoted at 6052.21 at 10.30 hrs (IST), up by 16.26 points.
