NATIONAL RIL buy-back scheme begins; open till Dec 26, 2005 As indicated in the public announcement of December 28, 2004, RIL (Reliance Industries Ltd) commenced the buy back scheme today (Jan 10, 2005). The Buy Back scheme opened today and will remain open until December 26, 2005.
Sensex dips by 112 pts to one-month low of 6308.54 The market today (Jan 10, 2005) once again went into a tailspin after a smart price recovery last weekend, ending 112 points down to nearly one-month low at 6308.54 in high volatility on a late bout of selling spree by hedge funds as well as operators.
Chidambaram's pet job; pre-budget exercise begins Finance Minister P Chidambaram will begin his two-day pre-budget consultations in New Delhi tomorrow (Jan 11, 2005) to get some valuable inputs for the UPA (United Progressive Alliance) Government's economic agenda, particularly on tax reforms and pushing investment in infrastructure and farm sectors.
Logica CMG offshore services gets SEI-CMMI Level 5 Logica CMG's offshore services business in the city has achieved the Software Engineering Institute's (SEI) Capability Maturity Model Integration (CMMI) Level 5 certification (staged representation).
UK's economy gains 16 bn pounds through outsourcing Britain's apex industry chamber said today (Jan 10, 2005) that the UK's economy gained 16 billion pound sterling through off shoring in 2004 and in future more high-end work would move to India.
Sensex up in volatile activity in morning trading The sensex opened higher and later fluctuated erratically in volatile activity during morning trading on the Bombay Stock Exchange (BSE) today (Jan 10, 2005) on alternate bouts of buying and selling.
RIL gets go-ahead from SEBI on buyback programme Reliance Industries' programme to buy back its shares, which was decided at the December 27 Board meeting in the face of opposition from RIL' Vice Chairman Anil Ambani, has received the go-ahead from SEBI subject to certain disclosures to shareholders.
