NATIONAL SEBI nod for BSE demutualisation, corporatisation Securities and Exchange Board of India (SEBI) today (May 20, 2005) approved the demutualisation and corporatisation scheme of the Bombay Stock Exchange (BSE), paving way for bourse to work as for profit entity Bombay Stock Exchange Ltd.
Sensex recovers early losses, ends up by 21 pts Shrugging off early nervousness, the Sensex today (May 20, 2005) rallied smartly to post yet another rise of 21 points in scrip-specific activity on the Bombay Stock Exchange (BSE) on sustained purchases by Indian Financial Institutions.
'Oracle signs MoU with BITES to provide grants' Oracle India today (May 20, 2005) signed a Memorandum of Understanding (MoU) with the Board for Information Technology Education Standards (BITES) to provide software and curriculum to 50 selected engineering colleges in Karnataka with software grants valued at over $ 95 million.
Inflation falls marginally by 0.06 pc to 5.61 pc The pressure on commodity prices eased further with inflation falling marginally by 0.06 per cent to 5.61 per cent during the week ended May 7 mainly due to fall in prices of food and manufactured products.
SingTel pumps $252 mn in Bharti, puts off ADR issue Singapore Telecom (SingTel) has increased its stake in Bharti Tele-Ventures, offering mobile services under AirTel brand, to 30.84 per cent by infusing $ 252 million.
Sensex turns weak during morning trading on BSE The Sensex today (May 20, 2005) opened weak and later moved downwards during morning trading on the Bombay Stock Exchange (BSE) due to selling pressure by operators despite heavy purchases by domestic funds.
INTERNATIONAL Australia seeks greater investment ties with India With a view to capitalise on the growing presence of Indian IT majors like Tata Consultancy Services, Infosys and Wipro, Australian State of Victoria is seeking greater trade and investment relationship with India.
