Market review: Sensex falls by 2.24 pc this week After hitting new historic peaks during last week, the Sensex fell back by 2.24 per cent as investors turned cautious with long outstanding positions and the barometer approaching the psychologically important 7000-mark amid some negative factors.
Fare war between Air Sahara, Air India Express In a fresh round of fare war, private carrier Air Sahara yesterday (Mar 18, 2005) announced launch of its flights to Kuala Lumpur and Singapore from May with an introductory round-trip fare of only Rs 10,000 and low-cost Air India Express unveiled discounted fare to Persian Gulf.
Kumarmangalam Birla to head Board of Trade: Nath Leading industrialist and AV Birla group Chairman Kumarmangalam Birla will head the Board of Trade, which will be reconstituted in the next two days, Commerce and Industry Minister Kamal Nath said yesterday (Mar 18, 2005).
Helios & Matheson to hire 1,150 software engineers IT services firm Helios & Matheson yesterday (Mar 18, 2005) said it would hire about 1,150 software engineers in the next fiscal and announced plans to have its own full-fledged corporate office-cum-development centre in Chennai during the period.