NATIONAL Manmohan may decide to revise fuel prices tomorrow Prime Minister Manmohan Singh may tomorrow (June 1, 2005) decide on revising fuel prices in line with increase in duties and spurt in crude oil prices.
India to host Caspian oil ministers meet in October After getting lead oil producers from Gulf to forge alliance with major Asian consumers, India will, in October, host a meeting of the Central Asian oil producers with four largest consumers in Asia towards forming an 'Asian Oil Community'.
Alstom to invest in a joint venture with Infosys Alstom Power today (May 31, 2005) said that it would invest $ 39 million over the next three years in its joint R and D Centre with Infosys Technologies Limited at the electronics city on Bangalore outskirts.
BSE: Market bounces back; ends at 6722.55 points Buoyed by strong revival of support from domestic funds, the market today (May 31, 2005) bounced back with a vengeance and ended 52 points up in an otherwise low volume even as bank stocks hogged the limelight on expectations of early reforms in banking sector.
India's first aircraft showroom launched in B'lore American company IndUS Aviation has launched its aviation complex, promoted as India's first ever aircraft showroom in Bangalore and plans to manufacture light aircraft in India at "highly competitive costs" for export to the US and other countries as well as for use in India.
Sensex turns weak during mixed morning trading The Sensex turned weak after opening better and was quoted nine points down at 10:30 hrs (IST) in an otherwise mixed trend during morning trading on the Bombay Stock Exchange (BSE) today (May 31, 2005) on fresh selling pressure alternated by selective buying support.
Area-based concessions are out-dated, says FM Dismissing demands for area-based concessions, Finance Minister P Chidambaram yesterday (May 30, 2005) said the concept was out-dated and would only drive away trade in the long run, although it seemed to fulfil short-term political gains.
