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Home -> Finance -> News

NATIONAL
Reliance denies plans to enter retail business
Reliance Industries Limited (RIL), headed by Mukesh Ambani, tonight (Jun 21, 2005) denied it had any plan to enter consumer retail business.

Intelenet plans to up its workforce by 15,000
Mumbai-based BPO company Intelenet Global Services is planning to increase its full time employees to 20,000 from current 5,000 by 2009.

Sensex spurts to historic peaks; ends at 7076.52
Led by RIL and ONGC, the Sensex today (Jun 21, 2005) flared up by a whopping 92 points to end at historic peaks of 7076.52 as booming conditions continued unabated for the second straight session on sustained buying from investors with a fair amount of speculative play.

Airbus seeks to put lid on A-I purchase controversy
Putting a lid on the controversy following its demand for a CVC probe into Air India's decision to buy aircraft from its competitor Boeing, Airbus Industrie today (Jun 21, 2005) said it was not going to revisit the past as its planes have emerged as a "preferred choice" for airlines in India.

Sensex sets new record; touches 7057.31 at noon
The Sensex remained bullish today (Jun 21, 2005), touching new highs at 7,057.31 points during mid-session, with most of the blue-chip stocks led by Reliance group companies gaining further ground on aggressive buying.

'i-flex to acquire ORTOS tool suite from Capco'
IT services and product firm i-flex solutions today (Jun 21, 2005) said it would acquire ORTOS, the operational risk tool suite from Capco, the consultant provider for financial services industry.

Hilton Int'l signs contract for Hilton Residences
Hilton International has signed a management contract for a 250-unit Hilton Residences in Bangalore at the Embassy Golf Links Business Park.

BSE: Sensex touches new all-time high of 7010.92
The Sensex today (Jun 21, 2005) once again hit the magic 7000-mark and even touched a new all-time intra-trade high at 7010.92 during morning trading on the Bombay Stock Exchange (BSE) on selective buying support from investors.

Sensex took 15-yrs to reach to magical 7000 mark!
Indian stock markets created history with the Sensex breaching a psychological level of 7000 mark, after travelling a long journey of 15 years since July 1990 when it touched the 4-digit level for the first time.

INTERNATIONAL
'UK must enter into joint ventures with India'
Britain should explore the possibility of enhancing joint ventures with India in various fields, including biotechnology, Minister for Science and Technology Kapil Sibal has said.