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Home -> Finance -> News

NATIONAL
BSE: Sensex shoots up further by another 77 points
The Sensex today (Jun 8, 2005) shot up by another 77 points, as buoyant trend gathered momentum on the Bombay Stock Exchange (BSE) on the back of heavy purchases by local funds as well as Foreign Institutional Investors (FIIs).

India to tap oil refineries for foreign exchange
India plans to ramp up its oil refining capacity to become a major exporter of petroleum products and use export earnings to partly cover its import bill, Petroleum Minister Mani Shankar Aiyar said today (Jun 8, 2005).

WNS top-ranked among third party ITES in India
WNS lead the pack followed by Wipro BPO Solutions and HCL Technologies BPO Services in the top 15 ranking of third party Information Technology Enabled Services (ITES) (Call Centre and BPO) companies for 2004-05 in India, released by National Association of Software and Service Companies (NASSCOM) today (Jun 8, 2005).

BPO industry pushing Govt for data security laws
India's booming $5.2 billion Information Technology Enabled Services-Business Process Outsourcing (ITES-BPO) exports industry is pushing the Government to enact laws and safeguards, which address contemporary issues pertaining to information and data security.

Dadri power project in UP will receive gas from RIL
The 3,740 MW power project in Dadri, Uttar Pradesh will receive gas supply from Reliance Industries Limited (RIL).

Dadri power project in UP will receive gas from RIL
The 3,740 MW power project in Dadri, Uttar Pradesh will receive gas supply from Reliance Industries Limited (RIL).

INTERNATIONAL
Iran-India gas pipeline to cost $2.40-2.49 per mBtu
Importing gas from Iran through a pipeline via Pakistan will work out cheaper for India, with consultants estimating that it would cost just between $2.40 to $2.49 per million British thermal unit (mBtu).

Sensex rallies past 6800-mark during morning trade
Led by banking sector, the Sensex today (Jun 8, 2005) rallied past the 6800-mark after opening sharply lower and was quoted 53 points up at 10:30 hrs (IST) on the Bombay Stock Exchange (BSE) on selective buying support from investors.