NATIONAL Lower STD, ISD tariffs from Airtel and Hutch! Giving a major relief to consumers, long distance tariffs from mobile phones are set to fall from tomorrow (Feb 1, 2005) with the telecom regulator's new Access Deficit Charge regime coming into effect.
Jet, Sahara get permission to fly to UK from March Going full steam ahead with its decision to allow private carriers to fly abroad, the Government today (Jan 31, 2005) allotted a total of nine flights to the UK to
Jet Airways and Air Sahara for the coming summer schedule starting March-end.
Fiscal deficit down marginally to Rs 90,239 crore Fiscal deficit fell marginally by 2.3 per cent to Rs 90,239 crore in the first nine months of the financial year 2004-05 mainly due to higher tax mop-up.
Genesis unveils integrated Crestron MediaManager Genesis IT Innovations, leader in Audiovisual integration and solutions provider today (Jan 31, 2005) announced the introduction of Crestron MediaManager, an integrated suite of products for easy facilitation of Audio Video integration for the first time in India.
NeoIT unveils 'Services Globalisation Handbook' neoIT, the leading offshore advisory and management firm, has unveiled a guidebook titled 'The Services Globalisation Handbook', a handy compilation of the company's in-demand global sourcing research.
Government confident of controlling inflation: FM Union Finance Minister P Chidambaram today (Jan 31, 2005) said though the Government was still keeping its "fingers crossed" on the inflation issue, it was confident of controlling it with expert guidance from Prime Minister Manmohan Singh.
BSE: Sensex jumps by 137 pts, ends past 6500-mark Stocks today (Jan 31, 2005) surged past the 6500-mark and ended with yet another hefty rise of 137 points in hectic activity on the Stock Exchange in response to the Government's clearance to provident funds entry into equities.
Govt brings Ordinance; ITC refuses to comment In a move that is seen as a major setback to tobacco major ITC, the Government has armed itself through an Ordinance with powers to modify past excise rules in an apparent attempt to recover arrears of Rs 803 crore from the company.
US-based MyITgroup plans to hire 500 SAP experts US-based MyITgroup today (Jan 31, 2005) opened its India offshore delivery center with initial plans to hire over 500 SAP experts and said it will tap the huge base of SAP ERP installations in India for its business.
Lower mobile STD, ISD call rates from tomorrow In a major relief to TRAI (Telecom Regulatory Authority of India) and consumers, the telecom tribunal today (Jan 31, 2005) refused to grant a stay, sought by MTNL (Mahanagar Telecom Nigam Limited), on the new Access Deficit Regime starting tomorrow (February 1), paving the way for lower long distance mobile calls.
GDP growth revised upward to 8.5 per cent for FY04 Government today (Jan 31, 2005) revised upward the economic growth to 8.5 per cent for 2003-04 from 8.2 per cent estimated earlier, mainly due to a bumper agricultural growth of 9.6 per cent.
Chennai firms bags BPO deal in US pension industry Chennai-based Congruent Solutions Private Ltd has become the first overseas company to provide back-end services to a retirement funds consulting firm in the United States.
TRAI moves HC challenging Delhi HC TDSAT's order Telecom Authority of India (TRAI) has challenged before Delhi High Court TDSAT's (Telecom Dispute Settlement and Appellate Tribunal) order assuming jurisdiction to adjudicate TRAI's regulation through which it laid down the guidelines for the new levy regime called Access Deficit Charge (ADC).
BSE: Sensex rallies past 6500-mark this morning Powered by the Government's move to allow provident funds to invest in equities, the sensex today (Jan 31, 2005) started off on a strong footing and later rose past 6500-mark during morning trading on the Bombay Stock Exchange (BSE).
