NATIONAL Air-India goes for Boeings in over $ 6 billion deal In a deal worth Rs 30,000 crore (over $ 6 billion), Air-India today (Apr 26, 2005) decided to go in for 50 Boeing aircraft to be inducted into the fleet beginning next year, subject to necessary Government approvals.
RIL board meet tomorrow; may fill up two vacancies With the battle for the control of Reliance empire far from over, the Board of the Group's flagship company, RIL will meet in Mumbai tomorrow (Apr 26, 2005) and is likely to consider filling up of two vacancies.
Hutch, Bharti slash roaming airtime rates by 33% In a relief to travellers, private cellular operators today (Apr 26, 2005) slashed roaming airtime rates by 33 per cent to Rs 1.99 per minute from Rs 3.
BSE: Sensex snaps winning streak, dips by 38 pts The Sensex snapped its four-day winning streak and fell back today (Apr 26, 2005) by 38 points on the Bombay Stock Exchange (BSE) in Mumbai, as operators began squaring up long positions in view of approaching end of derivatives contract.
Finance Ministry against subsidy to Provident Fund Finance Ministry appears to have ruled out subsidising Employees Provident Fund Organisation (EPFO), despite Labour Ministry is struggling to bridge the Rs 927 crore deficit to pay 9.5 per cent interest to about 4 crore subscribers and to arrive at rates for this fiscal.
'Rel Cap lost Rs 1,000 cr in IPCL stake sale' In the continuing fight between Ambani siblings, Amitabha Jhunjhunwala, a close confidante of Anil Ambani, today (Apr 26, 2005) alleged that group company Reliance Capital lost Rs 1,000 crore in sale of its stake in another group company IPCL at the cost of minority investors.
IPCL FY05 net profit up 187.9 per cent at Rs 786 cr Reliance group entity Indian Petrochemicals Ltd (IPCL) has reported a 187.9 per cent increase in net profit for the fiscal ended March 31, 2005 at Rs 786 crore as against Rs 273 crore for 2003-04.
BSE: Sensex weak in volatile trade in early session The Sensex today (Apr 26, 2005) opened weak and later moved irregularly in volatile trade at early stages of the session on the Bombay Stock Exchange (BSE) on selling pressure despite fairly good Foreign Institutional Investors (FII) inflows.
S&P is set to acquire majority stake in CRISIL Ltd Standard & Poors (S&P) is set to acquire majority stake in Indian rating agency CRISIL Ltd as investors tendered more than 41.6 per cent of their holding in response to the open offer by S&P which concluded yesterday (Apr 25, 2005).
100 yrs of Indian polity & Tatas - saga of change A sparkling record of 100 years of Tatas, brought out in a picturesque coffee table book, was released in New Delhi yesterday (Apr 25, 2005) by Finance Minister P Chidambaram.
Anil's resignation was effective from Jan 20: IPCL Amidst claims and counter claims, Mukesh Ambani headed Indian Petrochemcial Company Ltd (IPCL) yesterday (Apr 25, 2005) said younger brother Anil's resignation from its Board of Directors became effective from January 20, 2005 when the Board considered it.
