NATIONAL Agere Systems opens new Design Centre in B'lore Agere Systems today (Feb 21, 2005) announced that it has officially opened its new Indian Design Centre at Bangalore to expand the company's semiconductor design presence in India.
BSE: Sensex sheds 50 points on profit booking The market today (Feb 21, 2005) shed 50 points in lacklustre activity with operators preferring to book profits at every rise ahead of the budget and the expiry of futures contract despite sustained FII inflows.
EPFO seeks to tide over interest rate burden The Employees Provident Fund Organisation (EPFO) Board today (Feb 21, 2005) held a brain storming session to discuss ways to tide over the additional burden of an estimated Rs 927 crore due to hike in interest rate to 9.5 per cent for 2004-05.
BSE: Sensex continues downslide after steady start The sensex turned weak after a steady start and continued its downward march during the morning trading on the Bombay Stock Exchange (BSE) today (Feb 21, 2005), as operators continued their sales in a bid to reduce outstanding positions in the Futures and Options (F & Os) segment ahead of the Union Budget.
INTERNATIONAL Aiyar asks Russian Cos to invest in oil sector With Russia emerging as a world energy power, Union Petroleum Minister Mani Shankar Aiyar today (Feb 21, 2005) asked the country's oil and gas companies to heavily invest in India's burgeoning oil and gas sector under the New Exploration Licensing Policy (NELP).
Air-India plans major expansion of US operations With its US operations becoming the second largest source of revenue for Air-India, the national carrier has lined up a major expansion plan with more frequencies and links to other destinations beginning next month.
