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Home -> Finance -> News

NATIONAL
Infrastructure growth slows down to 3.6 pc in Dec
Infrastructure growth slowed down to 3.6 per cent in December 2004 from 7.8 per cent a year ago, owing to fall in petroleum and steel output.

Anil alleges lack of clarity in Infocomm affairs
The 500-page note on corporate governance in the Reliance Group, authored by Anil Ambani, contains a number of allegations and suggests steps to prevent "failures of governance" in future.

BSE: Led by bank stocks, market drifts by 77 pts
Led by banking sector, the market continued the down-drift after a promising start and ended 77 points down on fresh selling pressure from operators as well as institutional investors.

Resolute Mukesh to go ahead with planned investments
Undeterred by controversies over investment, equity and corporate governance, Reliance Infocomm, headed by Mukesh Ambani, today (Jan 24, 2005) said that it would complete planned investment of Rs 24,000 crore by March 2006.

BSE: Sensex dips sharply after a promising start
The Sensex dropped sharply after a promising start and showed signs of further slide during the morning trading on the Bombay Stock Exchange (BSE) today (Jan 24, 2005) due to lack of any worthwhile buying support amid sustained selling pressure from investors.

INTERNATIONAL
Europe could do with Wipro's help: Azim Premji
Bangalore-based IT major Wipro plans to make some European acquisitions soon, its Chairman Azim Premji has said.