NATIONAL Government mulls security to Ratan Tata & Birla Government is considering a proposal to provide security to leading lights of Indian industry including Ratan Tata, M S Banga, Gautam Singhania and Kumaramangalam Birla in the light of intelligence reports about threats to them.
Stock exchanges ask Reliance for settlement reports Stock exchange authorities today (March 24, 2005) asked Reliance Group to clarify reports about settlement between the wrangling Ambani siblings under which Mukesh is to get flagship company RIL and his younger brother Anil Reliance Infocomm, Reliance Energy and Reliance Capital.
Inflation falls marginally to 5.23 per cent After rising for two consecutive weeks, inflation fell marginally to 5.23 per cent for the week ended March 12 even as price soared for vegetables and some of the manufactured products.
'Toyota Kirloskar to sell 6 lakh cars in India' Japanese car maker Toyota has set itself a target to sell 6,00,000 cars in India by 2015, which will be 15 per cent share of the domestic passenger car market, A Toyoshima, managing director, Toyota Kirloskar Motors Pvt Ltd, has said.
BSE: Sensex falls by 12 pts after early euphoria The initial euphoria turned out to be short-lived as late bout of sell-off by hedge funds once again pulled down the Sensex from the day's high to end 12 points lower at 6442.87 in extremely volatile trade, extending the losing streak to fourth straight session.
21 States have agreed to implement VAT regime: FM With 21 States agreeing to switch over to Value-Added Tax (VAT) from April, Finance Minister P Chidambaram today (Mar 24, 2005) asked the remaining States, including Uttar Pradesh and Bharatiya Janata Party (BJP)-ruled ones, to implement it and add a historic dimension to Centre-State relationship.
BSE: Sensex shows signs of recovery, up by 58 pts The Sensex today (Mar 24, 2005) showed signs of recovery with a smart price rally during morning trading after a sharp three-session slide on the Bombay Stock Exchange (BSE) on emergence buying support by operators and retail investors.
SEBI defers implementation of Clause 49 till Dec Bowing to demand from corporates, the Securities and Exchange Board of India (SEBI) yesterday (Mar 23, 2005) deferred implementation of Clause 49 of the listing agreement till December 31, 2005 to provide listed entities, including public sector companies, time to appoint adequate number of independent directors and comply with the norms.
Reliance Infocomm is expected to go to Anil: Report Speculation of a settlement between the wrangling Ambani brothers Mukesh and Anil over the ownership of Reliance Empire led to heavy demand of shares of the group companies which shot up during the intra-day trading.
INTERNATIONAL India-The natural destination for IT, BPO services Building on the trust generated over years of delivering offshore IT services, India is now the natural destination for Business Process Outsourcing (BPO) in the world, Director General of the Commonwealth Business Council Mohan Kaul has said.
OPEC rules out output raise after oil prices fall Oil and Petroleum Exporting Countries (OPEC) president Sheikh Ahmad Fahd al-Sabah said he was holding consultations with cartel Ministers about market situations but ruled out any imminent increase in production.
