NATIONAL Infy invites nominations for young achievers award Infosys Technologies Limited has invited nominations to the 'Infosys-Education World young achievers award', instituted to recognise and reward talented young individuals in areas such as arts, science, music, sport, academics, technology and social work.
Govt to unveil a new business model for SIDBI The Government was planning to unveil a new business model for the Small Industries Development Bank of India (SIDBI), to give a push to the activities of the financial institution, subject to amendment to the Banking Regulations Act and the SIDBI Act.
Sensex dips by another 66 pts on fresh sell-off Stocks got a further beating and the Sensex today (Apr 8, 2005) ended 66 points down extending its losses to second straight session on the Bombay Stock Exchange (BSE) on heavy selling pressure even as the Government warned of stern action against debarred brokers playing behind the scenes.
Fiscal 2004-05 ends with 5.05 per cent inflation Reflecting the "measured" steps taken by the Centre and the Reserve Bank to check prices, fiscal 2004-05 ended with inflation at 5.05 per cent for the week ended March 26 despite costlier food articles, including vegetables.
AIADMK, DMK wrangle over Nokia's new plant issue The Tamil Nadu Assembly witnessed heated debate for over 15 minutes towards the fag end of today's (Apr 8, 2005) sitting, with both the ruling All India Anna Dravida Munnetra Kazhagam (AIADMK) and the main Opposition, Dravida Munnetra Kazhagam (DMK), claiming credit for bringing Nokia's new plant to Sriperumbudur, near Chennai.
Kalam advocates Maldives model for Island tourism Advocating an integrated response by the Government to meet the multiple requirements of tourism sector, President A P J Abdul Kalam today (Apr 8, 2005) said that the model pursued by the Maldives could suit promotion of Island tourism in Lakshadweep and Andaman and Nicobar in the country.
Govt willing to give more autonomy to banks: FM Government today (Apr 8, 2005) said that while merging two State-owned banks, the public sector character of the merged entity would not be diluted even as it was willing to give more autonomy to banks.
Prevent manipulation by debarred stock brokers: FM Finance Minister P Chidambaram today (Apr 8, 2005) asked the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE) and The Stock Exchange, Mumbai (BSE) to chalk out a detailed road map to prevent manipulation of regional stock exchanges and sub-brokers by unscrupulous debarred stock-brokers.
New FTP unveiled; export target at $ 92 billion With India's exports touching $ 80 billion in 2004-05, Government today (Apr 8, 2005) announced a slew of measures in the new Foreign Trade Policy (FTP), aimed at taking the exports to $ 92 billion in the current fiscal.
'Govt confident to manage inflationary pressures' Finance Minister P Chidambaram today (Apr 8, 2005) said that the Government is confident to manage inflationary pressures despite the rising crude oil prices.
Sensex opens weak; 17 pts down in morning session The Sensex today (Apr 8, 2005) opened on a weak note and later moved in an extremely narrow range in dull activity during morning trading on the Bombay Stock Exchange (BSE) in the absence of any worthwhile buying support amid slowdown in Foreign Institutional Investors (FIIs) inflows.
INTERNATIONAL Huawei Technologies to expand operations in India Chinese telecom major, Huawei Technologies is bullish on India and will further expand its operations in the country, including its largest foreign software research and development (R&D) centre in Bangalore, which has become an "indispensable part" of the company's global growth strategy, a senior executive said.
