NATIONAL UB to pay $ 300 mn to take over rival Shaw Wallace : India's largest liquor maker UB Group today (March 21, 2005) struck a Rs 1,300 crore ($ 300 million) deal to buy 54.5 per cent stake in rival Shaw Wallace that would make it the world's second largest spirits maker.
Dell to increase headcount to 1500 in 12 months The world's largest personal computer vendor, Dell opened its third contact centre in Mohali today (Mar 21, 2005) and plans to take the headcount at the facility to 1,500 in the next 12 months.
Bank employees to go on nationwide strike tomorrow Banking operations are likely to be hit tomorrow (Mar 22, 2005) as unions have called a nationwide strike to protest mergers of Public Sector Undertaking (PSU) banks and the proposed hike in Foreign Direct Investment (FDI) limit to 74 per cent in the sector.
Bank employees to go on nationwide strike tomorrow Banking operations are likely to be hit tomorrow (Mar 22, 2005) as unions have called a nationwide strike to protest mergers of Public Sector Undertaking (PSU) banks and the proposed hike in Foreign Direct Investment (FDI) limit to 74 per cent in the sector.
BSE: Market beats hasty retreat; down by 44 points The market beat a hasty retreat after a brief price-rally last weekend, ending down by 44 points in fairly volatile trade on fresh sell-off by operators amid high crude oil prices and slowdown in FII activity.
VAT in J'khand only if implemented in other States The Jharkhand Government will implement the Value Added Tax (VAT) in the State only when it is implemented uniformly in all the other States, Chief Minister Arjun Munda said today (Mar 21, 2005).
Infy announces IMS practice for DNV certification Infosys Technologies Limited announced today (Mar 21, 2005) that its Infrastructure Management Services (IMS) practice has been recommended for the BS15000 certification by Det Norske Veritas (DNV).
ONGC to set up Rs 40 billion refinery in Rajasthan State-owned Oil and Natural Gas Corp (ONGC) is planning to set up a Rs 40 billion refinery in Barmer in Rajasthan, the site of recent oil discoveries by Cairn Energy of UK.
Sensex under pressure in volatile morning trading The Sensex today (Mar 21, 2005) came under pressure after opening on a promising note, fluctuating erratically in volatile trade during morning trading on the Bombay Stock Exchange (BSE) on alternate bouts of buying and selling.
