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Home -> Finance -> News

NATIONAL
Calcutta HC stays Shaw Wallace shares sell-off
The Calcutta High Court today (March 3, 2005) stayed the sale of the shares of liquor major Shaw Wallace and Co Ltd thus dealing a blow to liquor baron Vijay Mallya's plans to acquire 25 per cent stake in the rival company through an open offer.

Sensex hits new peak as budget euphoria continues
Charged by across-the-board buying spree, the Sensex today (March 3, 2005) climbed to new all-time closing highs of 6784.72, a hefty rise of 98 points, on the Stock Exchange, Mumbai with FIIs playing a pivotal role.

HAL bags exporter of engineering consultancy award
India's State-run aircraft maker Hindustan Aeronautics Ltd (HAL) has bagged the "engineering export promotion council (EEPC)" southern region trophy and award for the years 2001-02 and 2002-03.

Govt to come down heavily on tax evaders, says FM
The Government will come down heavily on tax evaders and take steps to prevent black money generation, Finance Minister P Chidambaram said today (Mar 3, 2005).

Sensex shoots up to all-time high at 6761.11 pts
Encouraged by heavy buying activity, mainly by foreign funds, the Sensex today (Mar 3, 2005) breached all previous records and shot up to a new record high of 6761.11 points at the midsession on the Stock Exchange Mumbai (BSE).

Sensex zooms to all-time high at 6732.36 points
The Sensex today (Mar 3, 2005) zoomed to touch a historic high of 6732.36 points during the early trade on the Bombay Stock Exchange due to heavy buying activity.

Sensex starts firm, rises further to 6725.17 pts
The BSE benchmark 30-share sensitive index started the day firm at 6700.79 as against yesterday's close of 6686.89.

INTERNATIONAL
Rosneft merger removes roadblocks for ONGC's plans
The merger of Russian natural gas giant Gazprom and State-run oil major Rosneft would remove 'roadblocks' for the Oil and Natural Gas Corporation's (ONGC) plans to pick stakes in the Russian oil sector, diplomatic sources said in Moscow.