NATIONAL Jet to take legal action against American company Strongly denying that it has any terrorist links, Indian private airliner Jet Airways today (Jun 5, 2005) said it would sue the American aviation company with a similar name that had made such allegations.
Disinvestment - CPM warns of serious repercussions Terming it the first serious breach of the Common Minimum Programme (CMP), the CPM (Communist Party of India-Marxist) today (Jun 5, 2005) asked the United Progressive Alliance (UPA) Government at the Centre not to proceed with the decision of the Cabinet to sell off 10 per cent shares of public sector undertaking BHEL and warned of 'serious repercussions' if the Government went ahead with it.
Maran in US to press Intel to set up ATM facility Armed with a letter from the Prime Minister to impress upon the global chips major Intel to set up a facility in India, IT and Telecom Minister Dayanidhi Maran today (Jun 5, 2005) left for the US to press Intel to set up an advanced test manufacturing (ATM) facility in India.
Formalisation of Ambani settlement may start soon The broad contours of a settlement in the ownership battle between Mukesh Ambani and younger brother Anil are understood to have been worked out and are expected to be formalised within the next six weeks.
FIIs net purchasers in equities at Rs 367.6 crore Foreign Institutional Investors (FIIs) recorded net purchases of Rs $367.6 crore ($84.1 million) in equities for the trading week ended June 3, while mutual funds (MFs) were net sellers at Rs 302.65 crore.
INTERNATIONAL IOC offers to sell diesel to Pak at a discount Indian Oil Corporation (IOC) has offered to sell 320,000 tonnes of diesel to Pakistan via the Wagah border at a discount, company officials said in Islamabad.
