NATIONAL NABARD offers special package for affected areas National Bank for Agriculture and Rural Development (NABARD) has announced a special financial package to provide relief to the Tsunami-affected people, including fishermen in various parts of the country.
2004: Corporate battle shifts from Market to Court The dynamics of corporate warfare is no longer confined to the boundaries of markets as the year 2004 saw Courts become the preferred place to settle disputes over money and economic policies of Government.
Service Tax burden on transport agencies, not traders Seeking to allay fears of traders who have threatened to go on a nationwide strike opposing the Service Tax, Government today (Dec 28, 2004) said the liability to pay the tax is on goods transport agencies.
Sensex zooms ending at historic high of 6563.48 Achieving yet another landmark, the benchmark index zoomed up further by 50.45 points to finish at a new historic high of 6563.48 on the stock exchange today (Dec 28, 2004) on sustained buying by foreign funds as well as domestic institutions.
RBI hikes margins against shares to 50 per cent Reserve Bank of India (RBI) today (Dec 28, 2004) raised margins on all advances against shares, initial public offerings and issuance of guarantees to 50 per cent from 40 per cent.
Govt to have new legislation for data protection Close on the heels of amending the Patent law to bring in product patent regime, the Government is all set to come out with a separate legislation for data protection.
BSE index continues to move up, RIL opens firm The BSE-30 share index continued to move upwards, opening higher at 6517.90 today (Dec 28, 2004) as against yesterday's (Dec 27, 2004) close of 6513.06 and was quoted at an all-time high at 6541.49 at 10:30 hrs (IST) on the Bombay Stock Exchange (BSE).
INTERNATIONAL 42% of mortgage industry to outsource in next 2 yrs Forty-two percent of the respondents to a survey of mortgage industry leaders said they are likely to outsource at least some services within the next two years, according to a study released today (Dec 28, 2004) by Ocwen Financial Corporation (NYSE: OCN).
