NATIONAL Anil Ambani to invest Rs 3,800 cr in REL, RCL Anil Ambani would invest a total of Rs 3,800 crore in Reliance Energy Ltd (REL) and Reliance Capital Ltd (RCL), the two companies which have come under his fold as part of the settlement with elder brother Mukesh.
Indian Airlines posts highest Q-1 profit in 5 yrs Indian Airlines today (July 19, 2005) claimed to haves 5.95 crore also carried criticism by some Congressmen of the agreement on civilian nuclear cooperation.
Basab Pradhan, senior Infosys official, quits Basab Pradhan, who as Head of worldwide sales, oversaw Infosys Technologies Limited's global sales strategy and direction in more than 30 countries in which the NASDAQ-listed firm does business, has quit.
Air Sahara launches fare buckets for travel season Toeing the line taken by its competitors, including Indian Airlines, Air Sahara today (July 19, 2005) announced the launch of fare buckets while doing away with its advance purchase (APEX) schemes, claiming that the new system would lower airfares by 20 to 70 per cent.
IT, ITeS to drive Q2 job mart: Employment survey Information technology and IT-enabled Services will continue to drive the employment generation in the country for the quarter July-September 2005, according to a Ma Foi Employment Survey.
Sensex scales yet new record at 7385.69; ends flat The Sensex today (July 19, 2005) ended flat after scaling yet another historic peaks at 7385.69 during early trade as the overheated market adjusted downwards taking a breather from the recent volatility.
81 petrol pumps will be cancelled: Supreme Court The Supreme Court today (July 19, 2005) directed the oil companies to go ahead with the recommendation of the report of its two-member committee against the 178 allottees of petrol pump during the previous NDA (National Democratic Alliance) regime.
Union Bank of India to open branches in B'lore Union Bank of India plans to open four more branches and six additional ATMs in Bangalore before December-end, a bank executive said today (July 19, 2005).
Rupee remains weak against US Dollar in early trade The rupee remained weak against the US currency due to steady dollar demand from oil corporate on the back of a firm dollar overseas even as early trade was quiet and range-bound at the Interbank Foreign Exchange (Forex) market today (July 19, 2005) in the absence of fresh triggers.
Sensex on record-breaking spree, touches new high Continuing the record breaking spree, the Sensex today (July 19, 2005) rallied further to new intra-trade record of 7385.69 during morning trading on the Bombay Stock Exchange (BSE) on the back of fairly good buying support from operators coupled with sustained Foreign Institutional Investors (FII) inflows.
US-based CompuSystems kicks of BPO services in India Seeking to ride on the outsourcing boom, the US-based CompuSystems, Inc, today (July 19, 2005) announced setting up of BPO services operations in India to offer end-to-end recruitment solutions globally.
INTERNATIONAL Oil prices retreat; Hurricane to avoid US oil rigs World oil prices fell yesterday (July 18, 2005) on receding concerns for Gulf of Mexico platforms and refineries as Hurricane Emily looked set to steer clear of US oil installations, dealers said.
