NATIONAL AMP-Sanmar denies being sold to Reliance Capital Private insurer AMP-Sanmar Life Insurance company on Friday (July 29, 2005) said it was in talks with "several companies" to sell the life insurance business and denied that it had already sold the venture to Reliance Capital.
No further decision on BHEL divestment, says FM Government has not taken any further decision on divestment of the state-owned Bharat Heavy Electricals Ltd (BHEL) following objections raised by workers union and others, Lok Sabha was informed today (July 29, 2005).
Govt advises steel PSUs to balance price and demand In view of the decline in steel prices in the domestic market since May this year, public sector steel plants have been advised to keep a tab on the prices and accord due priority to domestic demand, the Rajya Sabha was informed today (July 29, 2005).
Sensex overcomes initial blips; ends at 7635.42 Overcoming initial blips, the Sensex today (July 29, 2005) continued its record breaking feat and spurted past 7700 level before ending at yet another high of 7635.42 on hectic short-covering by operators on the last day of July contract in derivatives.
Nationalized banks frauded of Rs 1653 crores A whopping sum of over Rs 1653 crore has been locked in 6614 cases of fraud reported by nationalized banks in the last three years, Finance Minister P Chidambaram said in Lok Sabha today (July 29, 2005).
Costly primary fuels rise inflation to 4.18 pc An all round rise in the prices of primary fuels and manufactured products pushed inflation up to 4.18 per cent in the week ended July 16, indicating the increasing impact of last month's hike in petrol and diesel prices.
Sensex up by 49 points, recovers from early lows The Sensex today (July 29, 2005) recovered smartly during late morning trading after an initial sharp fall on the Stock Exchange, Mumbai (BSE) on hectic short covering even as July contract of derivatives was extended by a day.
INTERNATIONAL Indian among four deputies to new WTO Director WTO's (World Trade Organisation) new Director-General Pascal Lamy, who assumes office on September 1, today (July 29, 2005) selected four deputies including an Indian, Harsha Vardhana Singh, presently secretary of telecom regulator TRAI.
