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Home -> Finance -> News

NATIONAL
Inevitable to take certain 'hard decisions': FM
Union Finance Minister P Chidambaram today (July 2, 2005) said it was inevitable to take certain 'hard decisions' on economic matters in the interest of the development of the country.

BSE: Sensex soars to lifetime high of 7228.57 pts
The Sensex created history on the Stock Exchange, Mumbai during the week under review as the BSE barometer breaching all previous records soared to a lifetime high of 7228.57 points on heavy buying activity by Foreign Institutional Investors (FIIs) and later closed at an all-time closing high of 7210.77.

Coke appoints Ustas CEO of India bottling operation
US coke giant Coca Cola today (July 2, 2005) appointed John Ustas as CEO of its bottling operations in its Indian subsidiary amid reports that the company's India President Sanjeev Gupta may quit in protest.

INTERNATIONAL
US antitrust case: Microsoft to pay IBM $775 mn
Microsoft agreed to pay $ 775 million to IBM in a settlement stemming from the software giant's antitrust case with the federal Government, the sources said in New York.