NATIONAL Anand Jain continues to be on IPCL Board: RIL Anand Jain, a key confidant of RIL Chairman and Managing Director Mukesh Ambani, has not quit the Board of group's petrochemical company IPCL contrary to media reports.
VSNL creating barriers in bandwidth market: RIC In a move that could hot up the telecom war, Anil Ambani owned Reliance Infocomm has accused VSNL (Videsh Sanchar Nigam Ltd) of killing the competition in bandwidth market by creating both price and non-price barriers.
In a communication to telecom regulator TRAI, Infocomm, headed by Ambani has said that Tata's controlled VSNL was denying access to cable landing stations by resorting to both price and non-price barriers, thus killing competition.
Sensex down by 56 pts on selling from local funds The Sensex today (July 13, 2005) corrected downwards after profit taking pulled down the market by 56 points in volatile trade on the Bombay Stock Exchange (BSE) amid sustained FII inflows.
Motorola announces R&D centres in B'lore, Taipei Motorola Inc., a global leader in integrated communications, today (July 13, 2005) announced the opening of two new research and design centres in Bangalore and Taipei.
US based C-COR plans rapid growth in India The US-headquartered C-COR today announced that it has set up a new facility here to support the NASDAQ-listed firm's rapid growth and expansion plans in India for one of its business units; C-COR Solutions.
K'taka still holds rich potential in IT arena: CM Karnataka, the silicon region of India, continued to posses rich potential in the IT arena, attracting investments from all over the world, according to Karnataka Chief Minister, Dharam Singh.
US Intacct launch operations; eyes 'desi' BPO firms California-based Intacct Corporation today (July 13, 2005) launched India operations to focus on building the next-generation of business process-driven ERP On Demand applications for the mid-market, and seeking to offer strategic alliances for Indian BPO firms.
PSU's dominate India's entries in Fortune 500 India Inc improved its perception on the global arena marginally with five companies including four Public Sector Units: Indian Oil, Bharat Petroleum, Hindustan Petroleum and ONGC along with private petrochemical major Reliance Industries figuring among the Fortune 500 companies this year.
Five more items for compulsory quoting of PAN: FM To combat tax evasion and black money generation, government has brought in five more items for compulsory quoting of PAN to track high-value transactions.
INTERNATIONAL Wow! Expats in UAE can change jobs after 3 yrs In a significant development for thousands of Indians working in the United Arab Emirates, the emirate has allowed expatriate workers to change jobs if they have completed three years with their current employers.
