NATIONAL Parliament approves Patents (Amendment) Bill Parliament today (Mar 23, 2005) approved the crucial Patents (Amendment) Bill to introduce product patent in drugs and agri products after Rajya Sabha passed the Legislation amidst walkout by BJP-led NDA.
Sensex down by 81 pts; RIL attracts brisk activity Despite a stellar performance by top heavyweight Reliance Industries Ltd (RIL), stocks today (Mar 23, 2005) suffered another sharp setback pulling the Sensex down by 81 points on sustained sell-off by investors even as select key counters attracted buying enquiries.
Refer Patents Bill to standing committee says NDA The National Democratic Alliance (NDA) today (Mar 23, 2005) stuck to its demand for referring the crucial Patents Bill to a Parliamentary Standing Committee (PSC), as discussions began in the Rajya Sabha amidst procedural wrangle and vehement protest from Opposition benches.
Refer Patents Bill to standing committee says NDA The National Democratic Alliance (NDA) today (Mar 23, 2005) stuck to its demand for referring the crucial Patents Bill to a Parliamentary Standing Committee (PSC), as discussions began in the Rajya Sabha amidst procedural wrangle and vehement protest from Opposition benches.
Adidas plans to make India its business powerhouse India's appetite for world-class sports products is making Adidas, one of the leading international brands, to focus on small towns and cities in its bid to make the country a powerhouse for their business in the next few years.
India can invest upto $ 25bn for oil acquisition Energy-hungry India today (Mar 23, 2005) said that it can invest upto $ 25 billion in acquisition of overseas oil and gas fields and asked rival China to join forces in attaining energy security.
PSU general insurance staff begin two-day strike A day after the nationwide bank strike, employees of four Public Sector Units (PSU) general insurance companies (Gipsa) went on a 2-day strike from today (Mar 23, 2005) protesting the proposed hike in FDI and demanding a higher wage revision.
Sensex down in sustained volatile early trading The Sensex today (Mar 23, 2005) fell back sharply after an initial pullback price rally and was quoted slightly down at 10:30 hrs (IST) in sustained volatile trade on the Bombay Stock Exchange (BSE) due to consistent selling pressure from operators in reaction to a hike in US interest rates.
Bank strike cripples money operations in Mumbai Banking operations in the country's financial capital especially at branches of State-owned banks were crippled as over 25,000 bank employees went on a day's strike to protest merger of Public Sector Unit (PSU) banks and proposed hike in FDI limit to 74 per cent.
