NATIONAL 'BHEL disinvestment carried out in creeping way' Left parties today (Jun1, 2005) said that they opposed the disinvestment of Government stake in BHEL, saying this was a "creeping way" in which privatisation was being carried out of a profit-making public sector unit.
Wipro issued notice on 'illegal' disposal of e-waste IT major Wipro Limited has been served a show-cause notice by the Karnataka State Pollution Control Board (KSPCB) for alleged illegal storing and disposal of electronic waste, KSPCB sources said.
Microsoft to host Tech-Ed at five cities in India Microsoft Corporation India Pvt. Ltd today (Jun 1, 2005) announced that it would host India's largest IT event - Tech-Ed 2005 in five cities this year (2005).
Market continues its upward march, gains 15 pts Led by mid-cap and small-cap stocks, the market today (Jun 1, 2005) continued its upward march for the second day in a row, gaining by 15 points on the back of fresh purchases by domestic mutual funds as well as operators.
Banking Cash Transaction Tax comes into effect The new Banking Cash Transaction Tax, introduced for the first time in the Budget to keep a tax trail on black money, became operational from today (Jun 1, 2005).
Bechtel attaches MSEB subsidiary's shares in Dabhol Armed with US federal court ruling, Bechtel Corporation has attached the stake of Maharashtra State Electricity Board in Dabhol Power Company, but said that it was ready to help restart the defunct project, once India upholds its legal rights and abides by international obligations.
Steel outshine IT in profit; disappoint on bourses Major steel companies have shown stronger growth in profit after tax (PAT) compared to major technology companies but the brick and mortar giants have under performed compared to tech companies in the stock markets.
ONGC likely to win 10, Reliance 3 oil & gas blocks Oil and Natural Gas Corporation (ONGC) is likely to win at least half of the 20 oil and gas blocks, bids for which were received yesterday (May 31, 2005).
BSE: Sensex firm at 6729.39 during morning trading The Sensex today (Jun 1, 2005) opened firm and rallied further during morning trading on the Bombay Stock Exchange (BSE) on fresh purchases by institutional investors coupled with renewed buying support from operators.
