Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> News

NATIONAL
US dismisses Airbus' apprehensions over AI deal
The United States today (Apr 28, 2005) dismissed Airbus Industrie's apprehensions over the Air India's decision to acquire 50 aircraft from American Boeing, saying it was confident that the deal was "fair".

Oil prices won't be hiked in near future: Aiyar
Petrol and diesel prices would not be increased in the immediate future, Petroleum Minister Mani Shankar Aiyar said today (Apr 28, 2005).

Sanovi's centre for business continuity excellence
Sanovi Technologies Corporation today (Apr 28, 2005) announced the opening of its centre for business continuity excellence in Bangalore to develop and test business continuity and disaster recovery solutions for customers worldwide.

TRAI's order on intl bandwidth prices quashed
In a setback to TRAI, telecom dispute settlement and appellate tribunal TDSAT today (Apr 28, 2005) set aside the order on price reduction of international bandwidth which was challenged by VSNL.

Wipro bags multi-million euro deal from Dutch firm
IT major Wipro has bagged a three-year "multi-million" euro deal from Dutch pharma major Akzo Nobel for providing infrastructure management services.

Highlights of RBI Annual Statement for 2005-06
Following are the highlights of the RBI Annual Statement on Monetary Policy for 2005-06.

K'taka reports 52 pc jump in software exports
Outperforming it's own projections, Karnataka has reported a 52 per cent jump in software exports at Rs 27,600 crore during 2004-2005 and set a target of Rs 35,000 crore for the current fiscal.

Reliance shares are 'grossly under-valued': Anil
Stepping up the attack on his elder brother Mukesh Ambani, Reliance Industries' Vice-chairman and Managing Director Anil Ambani today (Apr 28, 2005) said shares of all group companies were "grossly under-valued" because of absence of corporate governance and lack of transparency.

Reserve Bank keeps bank rate and CRR unchanged
The Reserve Bank of India (RBI) today (Apr 28, 2005) kept the bank rate unchanged at six per cent.

5 common mistakes investors need to steer clear of
Retail investors tend to be burdened with information on how they should go about investing their monies. Distributors, agents and fund houses all play their part in "educating" investors on this front. Our experience with investors suggests that apart from the aforesaid, there is also a need for investors to be aware of a few common and frequently committed mistakes. We present a checklist of 5 common investment mistakes that investors need to steer clear of.

McDowell report 56 pc growth, Rs 33.26 cr profit
McDowell yesterday (Apr 27, 2005) reported a growth of 56 per cent in net profits at Rs 33.26 crore during 2004-2005 as against Rs 21.35 crore in previous fiscal.

'India to remain among fastest growing economies'
India would remain among the fastest growing economies of the world in the medium-term as the country has posted a real GDP growth at 6.9 per cent in 2004-05, according to Reserve Bank of India (RBI). RBI in its document on 'Macroeconomic and Monetary Developments in 2004-05', said with the real GDP growth at 6.9 per cent, India's macroeconomic performance turned out to be stronger than anticipated.

Do not raise petroleum prices: Yechuri to Aiyar
Communist Party of India-Marxist (CPM) yesterday (Apr 27, 2005) asked Government not to hike prices of petroleum products and suggested other measures to cope with the soaring global oil prices.