NATIONAL Ambani tussle: Kokilaben emerges as likely arbiter Kokilaben Ambani, widow of the founder of the Reliance empire, today (Dec 11, 2004) emerged as the likely arbiter in the battle between her two sons with the elder one Mukesh leaving "all settlement issues" to her, a path his brother Anil had favoured a few days ago.
Swamy asks Government to acquire Reliance group Janata Party president Subramaniam Swamy today (Dec 11, 2004) suggested Government should intervene in the affairs of Reliance group and acquire it in "public interest".
In every adversity there is opportunity: Anil Ambani Anil Ambani, who is in the midst of a proxy war with his elder brother Mukesh for control of the Reliance empire, today (Dec 11, 2004) said that "in every adversity there is opportunity".
Exports grow by 26 per cent in Nov: Kamal Nath Enthused by exports growing by 26 per cent in November 2004 and all set to reach $ 75 billion in the financial year, the Government today (Dec 11, 2004) fixed a target of $ 88 billion for 2005-06.
IT, software exports to touch $ 57-65 bn by 2008 India's vibrant IT software and services industry has been projected to touch an export potential of $ 57 to 65 billion by 2008 and efforts would be made to further increase and broad base exports, besides expanding domestic market, Union Minister of State for Communications and IT, Dr Shaqeel Ahmed, said today (Dec 11, 204).
Finance Commission to submit report to President Twelfth Finance Commission Chairman C Rangarajan today (Dec 11, 2004) said that the Commission is ready with its report and has sought time from the President to submit its recommendations.
INTERNATIONAL US judge allows release of Enron conspirator names A US judge has ruled that attorneys for Enron founder Kenneth Lay and its former CEO Jeffrey Skilling can name about half of the 114 un-indicted co-conspirators in the pending criminal case.
China lifts restriction on imports of steel, rubber China today (Dec 11, 2004), lifted restriction for the import of steel, natural rubber, wool, acrylic fibres and veneer in accordance with Beijing's commitment to the WTO (World Trade Organisation), the Ministry of Commerce said in Beijing.
Crude oil futures plunge after OPEC's decision Crude oil futures have plunged to settle below $ 41 for the first time in nearly five months, as traders branded OPEC's (Organisation of Petroleum Exporting Countries) production cut as too conservative to stem sliding prices.
