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Home -> Finance -> News

NATIONAL
Tata Indicom launches rural residential phone links
In a major initiative, first of its kind, by a private telecom operator in India, Tata Indicom, today (Jun 23, 2005) announced the roll out of Fixed Wireless Terminals (FWT) in Karnataka, Punjab and Bihar circles.

Indian IT, BPO sector in need of competent hands!
Notwithstanding the growth projections by various industry bodies including Nasscom, the Indian IT and BPO sector is struggling to come to terms with paucity of professionals for the industry needs.

Sun Microsystems aims 35 per cent growth in India
Sun Microsystems today (Jun 23, 2005) said its business in India is expected to grow at over 35 per cent this year as more Indian companies computerise their operations and network among their offices across the country.

Hyundai blinks; MUL dissatisfied on Swift response
In the ongoing tug-of-war for supremacy in the Indian car market, Hyundai blinked first before archrival and auto leader Maruti Udyog by withdrawing 'temporarily' its advertising brochure 'Xing ahead of the Swift' in response to a legal notice served last week.

Security cover of Anil Ambani to be beefed up
The security cover of Anil Ambani is likely to be beefed up following reports that he was getting threatening calls.

BSE: Sensex down by 25.58 pts; ends at 7119.76
Profit-taking at higher levels today (Jun 23, 2005) drove the Sensex down by 25.58 points to close at 7119.76 on the Bombay Stock Exchange (BSE), as the overbought market adjusted to a downward correction and arrested a sharp four-session rally that took it to life-time peaks.

Now, Ambanis' settlement under the public scrutiny
The peace plan rolled out by the Ambanis last week was lapped up without any questions by investors, but the deal to split the Reliance business empire has drawn reactions ranging from anger to indifference to sadness from an unlikely quarter, the public.

Now, Ambanis' settlement under the public scrutiny
The peace plan rolled out by the Ambanis last week was lapped up without any questions by investors, but the deal to split the Reliance business empire has drawn reactions ranging from anger to indifference to sadness from an unlikely quarter, the public.

Sensex opens weak, recovers fairly in early trade
The Sensex today (Jun 23, 2005) resumed weak, but soon recovered on fresh bouts of buying and was quoted moderately higher by 4.29 points than yesterday (Jun 22, 2005) at the opening session on the Stock Exchange, Mumbai.

INTERNATIONAL
British police to investigate call centre scandal
In a sensational report, a leading tabloid in London today (Jun 23, 2005) claimed that "crooked" call centre workers in India are flogging details of Britons' bank accounts, prompting the police to launch an investigation into the scandal.