NATIONAL India's external debt touches $ 112.6 billion India's total external debt increased by $ 100 million to $ 112.6 billion as on June-end this year compared to the same period last year, Rajya Sabha was informed today (Dec 7, 2004).
Small cities better than congested big ones: Murthy As big cities become saturated, the IT firms will have to look at smaller centres with good infrastructure and educational institutions for expansion, Infosys Chief Mentor and chairman N R Narayanamurthy said on Monday (Dec 6, 2004).
RIL's 'full Board' was invited for REL Board meet Amid raging battle between Ambani brothers over the ownership issue, Reliance Energy (REL) today (Dec 7, 2004) said the full Board of Reliance Industries Ltd (RIL), the single largest shareholder in Reliance Energy, including its CMD Mukesh Ambani had attended the day-long meeting on October 20, 2004.
Market recovers early losses, ends modestly lower The market today (Dec 7, 2004) recovered smartly from its lows at the fag end but still ended with a modest fall in volatile activity even as the Reliance "ownership issues" caused heavy selling pressure during the session.
i-flex announces availability of FLEXCUBE on Linux i-flex solutions, a leading provider of information technology solutions to the financial services industry, announced today (Dec 7, 2004) the availability of its flagship product suite, FLEXCUBE, on Linux.
Maruti Alto, Honda city, Toyota tops quality chart Maruti's Alto and Esteem, Honda City, Toyota Corolla and Qualis have topped JD Power's initial quality study even as the total number of problems reported by owners of new vehicles has increased in the industry.
US-based Ketera shifts development centre to B'lore Ketera Technologies, 'on-demand' spend management and e-procurement solutions provider based out of California, has moved its product development focus fully to India, company officials said today (Dec 7, 2004).
Air India to add six services to London: Minister Air India proposes to add six services to London by next summer, including one in January, subject to availability of slots, Civil Aviation Minister Praful Patel informed the Rajya Sabha today (Dec 7, 2004).
'Petrol to cost much less if duties, taxes removed' Petrol will cost Rs 17.46 per litre and diesel Rs 18.07 in Delhi if all duties and taxes on the two fuels are removed, Petroleum Minister Mani Shankar Aiyar said today (Dec 7, 2004).
Special Economic Zones Bill before Dec end: Menon Government will come up with a legislation, which will have a fiscal package, including a 20-year income tax holiday for Special Economic Zones (SEZs), by end December, a top Government official said today (Dec 7, 2004).
Sensex down in volatile market at early stages The Sensex opened marginally higher and later fluctuated erratically in volatile activity on Bombay Stock Exchange (BSE) today (Dec 7, 2004) on alternate bouts of buying and selling from investors.
India, Israel to set up $ 10 mn bilateral R&D fund Israel yesterday (Dec 6, 2004) called for broadening the base of economic cooperation with India even as the two countries decided to sign a research and development agreement and set up a $ 10 million bilateral R&D fund.
INTERNATIONAL Debt collections: Another BPO cake for India India is becoming a new hub for a highly competitive outsourcing field, debt collection services with assurances of reducing debt recovery cost and the time needed for the process.
