NATIONAL Good news! Emirates airlines slashes its rates In a bid to woo Indian passengers travelling to New York from Mumbai, Emirates airlines today (Feb 24, 2005) slashed its rates and also included a package of free Dubai stopover till March 31.
DoT issues notice to Tata Tele on Push-to-Talk Government today (Feb 24, 2005) asked Tata Teleservices to explain as to why stringent action, including cancellation of licence, not be taken against it for violating licence conditions in its Push-To-Talk (PTT) service.
Microsoft India appoints Neelam Dhawan as MD Microsoft today (Feb 24, 2005) appointed Neelam Dhawan as Managing Director of its India operations with responsibility for leading the software firms sales and marketing operations in the sub-continent.
100 per cent FDI in Construction industry approved Government today (Feb 24, 2005) allowed 100 per cent Foreign Direct Investment in construction industry in a bid to boost employment and growth but barred sale of undeveloped land by foreign investors to prevent speculative deals.
India & France ink accord to allow more flights After virtually opening up the skies with the UK and the USA, India has signed an agreement with France, to substantially raise the number of flights between them from 14 to 35 each week.
Stocks remain flat for second day; ends at 6574.21 The stock market today (Feb 24, 2005) remained flat for the second straight session showing a modest fall of eight points in lacklustre activity even as operators and retailers chose to be cautious, ahead of the budget on Monday (Feb 28, 2005).
India, EU discuss ways to boost bilateral trade India and the European Union (EU) today (Feb 24, 2005) discussed ways to consolidate their strategic partnership and give a boost to bilateral trade.
Reliance, top telecom players under CBI scanner Concerned over the alleged scam involving hundreds of crores in rerouting of international calls, premier investigating agency CBI has launched a probe into working of Reliance Infocomm and some other top private telecom operators.
IT major Cognizant to invest $ 76 million in India IT services major Cognizant Technology Solutions today (Feb 24, 2005) said it will invest $ 76 million in building new development centres in India in 2005 and 2006, that includes $ 28.7 million for a centre in Bangalore to house 2,250 software professionals.
Sensex advances on short covering at early stages The sensex opened firm and later fluctuated in a narrow range of 30 points during morning trading on Bombay Stock Exchange (BSE) today (Feb 24, 2005) as operators squared up positions on the last day of February contract in the Futures and Options (F&O).
Economic reforms should shift to people's welfare The Left parties today (Feb 24, 2005) said that they hope the thrust of the economic reforms should shift towards people's welfare instead of capitalist's profit and this should be reflected in the Union Budget.
India has fast-growing economy, says IMF experts India has a fast-growing economy, which can grow even faster but its 8 to 10 per cent fiscal deficit is unsustainable, two International Monetary Fund (IMF) experts have said.
Budget session begins Feb 25, expected to be stormy The Budget session of Parliament beginning tomorrow (Feb 25, 2005) in the shadow of Assembly polls in three States is expected to generate a lot of heat and dust and the Congress-led United Progressive Alliance (UPA) coalition is likely to come under severe pressure from the Left allies and attack from the Bharatiya Janata Party (BJP)-led Opposition.
INTERNATIONAL P&G's water purifying agent for tsunami-hit areas Pharmaceutical giant Proctor and Gamble's (P&G) cleaning agent for muddied water is becoming increasingly popular in the tsunami-hit areas with the company deciding to distribute the powder's packets free of cost.
