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Home -> Finance -> News

NATIONAL
Firodias to go ahead with Bajaj Tempo name change
Carrying forward its stand-off with Bajaj Auto Ltd over name change, the Firodias-run Bajaj Tempo (Mar 15, 2005) said it would go ahead with steps to rechristen itself as 'Force Motors' 'as per an ordinary resolution,' also making it clear that it was not contemplating offloading its holding in the two-wheeler major.

Maruti, Hyundai & General Motors to hike prices
Cars will be dearer from April with carmakers, including Maruti Udyog, Hyundai Motors and General Motors, planning to hike prices due to the increase in excise duty on steel in the Budget.

'India to overtake China in GDP growth in 2 yrs'
With Gross Domestic Product (GDP) growth rate poised to touch 10 per cent in the next two years, India would shortly overtake China in this regard, chief mentor of Confederation of Indian Industry (CII) Tarun Das said.

Caritor bags 'major contract' from Maestro Engg
Total-technology solutions provider, Caritor said today (March 15, 2005) it has won a "major contract" from Maestro Engg Pvt Ltd for implementing mySAP ERP.

Sensex drifts further by 58 pts in volatile trade
Depressed conditions today (Mar 15, 2005) tightened the grip on the stock market and the Sensex drifted further down by 58 points at close in highly volatile trade as heavy-weighted stocks bore the brunt of selling by operators and domestic mutual funds.

Subex Systems inks co-marketing pact with Teradata
Telecom software product company Subex Systems today (March 15, 2005) announced it has entered into a co-marketing partnership with Teradata, a division of NCR Corporation.

Windows stripped down version in India by June: MS
Microsoft is planning to launch the Windows starter, the stripped down version of its popular Windows XP software with local language capability in India by June, a Microsoft India official said today (March 15, 2005).

Govt looking into Reliance Infocomm shares' issue
Government is looking into the issue of Reliance Infocomm Limited shares to ascertain whether any law has been violated in the allocation of one crore shares to three firms apparently at the rate of Re 1 each, Finance Minister P Chidambaram said in the Rajya Sabha today (Mar 15, 2005).

Sensex sees good activity during morning trading
The Sensex opened moderately up and later moved narrowly in fairly good activity during morning trading on the Bombay Stock Exchange (BSE) today (Mar 15, 2005) on selective buying support alternated by continued profit booking.