NATIONAL Anil ceased to be director from January 20: IPCL In a bid to end the controversy over the resignation of Anil Ambani, as its vice chairman and director, IPCL has informed the Mumbai Stock Exchange that he had ceased to be a director when the Board "considered, noted and took on record" his resignation on January 20.
Govt willing to simplify FBT further: Chidambaram Assuring that there would be no harassment while administering the Fringe Benefit Tax (FBT), Finance Minister P Chidambaram today (May 5, 2005) said that the Government was willing to simplify it further if there was any unexpected difficulty in its implementation.
Cadence Systems launches analysis tool for desktops Cadence Design Systems today (May 5, 2005) launched Incisive Formal Verifier, an analysis tool for electronic-design technologies that can be installed on desktops.
Satyam strengthens its offshore leadership in SAP Satyam Computer Services Limited, a global Consulting and IT services company, today (May 5, 2005) became one of the first Indian offshore players to embrace Enterprise Services Architecture (ESA) service offering it as part of its SAP practice.
Novell & VERITAS expand strategic relationship Novell and VERITAS Software Corporation today (May 5, 2005) announced an expansion of their strategic relationship based upon the development, certification and support of VERITAS' industry-leading storage management and high availability software for Novell's SUSE LINUX Enterprise Server 9 platform under VERITAS' pre-release software program.
Sensex shoots up by 70 points to close at 6359.65 Buoyed by sharp gains in banking shares, the Sensex today (May 5, 2005) rallied by 70.20 points to close at 6359.65 on sustained buying and extended the rally for the fourth consecutive day on the Bombay Stock Exchange (BSE).
Major clean up done in direct taxes: Chidambaram Government today (May 5, 2005) asserted a major clean up of direct taxes has been carried out in the Finance Bill, which has continued with the reform of indirect taxes and expansion of service tax.
BSE: Sensex shoots up by 76 pts at opening session A steep rally in banking shares today (May 5, 2005) pushed the Sensex sharply up by 75.65 points during the opening session at the Bombay Stock Exchange (BSE).
