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Home -> Finance -> News

NATIONAL
BSNL cuts broadband tariffs by up to 50 per cent
In less than a year of launching services, State-owned BSNL (Bharat Sanchar Nigam Ltd) today (Aug 9, 2005) reduced tariffs of broadband by up to 50 per cent, besides offering other concessions in order to popularise the service.

Shareholders interests will be served: Ratan Tata
Ratan Tata, chairman of Tata Sons Ltd, today (Aug 9, 2005) assured shareholders that their investments would be protected by whoever assumed charge after his retirement.

Hughes cuts satellite broadband prices by 40 pc
Network service provider Hughes has slashed its satellite broadband prices by 40 per cent with the introduction of five new high-speed service plans.

Oracle simplifies security of SOAs, Web services
Oracle today (Aug 9, 2005) announced its new integrated, standards-based business process platform that simplifies the security of the service-oriented architectures (SOAs) and Web services.

Wind River appoints Kumaran as Country Manager
Wind River Systems, a leader in device software optimisation, has announced the appointment of Venkatesh Kumaran as the Country Manager-India.

Tatas to invest more in West Bengal: Ratan Tata
West Bengal could look forward to a great deal of investment from the Tatas, which had had earlier been ignored by the group.

Pakistan rules out importing diesel from India
Pakistan today (Aug 9, 2005) ruled out importing diesel from India, saying new additions to the positive list of importable goods were not possible in the immediate future.

BPCL, HPCL, IBP to be sick by next yr: Oil Ministry
Bharat Petroleum Corp, Hindustan Petroleum Corp and IBP will turn financially sick by next year as losses arising from freeze on fuel prices are set to erode their net-worth, according to Oil Ministry estimates.

Tatas likely to launch Rs one lakh car by 2007-08
The ambitious Rs one lakh car project by Tata Motors is in progress and would hopefully be launched between 2007 and 2008.

BSE: Sensex shed another 11 pts in volatile trade
The Sensex today (Aug 9, 2005) shed another eleven points in extremely volatile trade, extending its losses to third straight session as domestic funds pressed heavy sales during the last thirty minutes amid sustain FII inflows.

Texas Instruments Inc to continue its expansion
Leading electronics firm Texas Instruments Inc. Chairman Thomas J Engibous today (Aug 9, 2005) said the company would continue its expansion in India and expected China to be the largest market for the world's first single chip solution for mobile phones launched by TI.

Govt concerned over oil prices hike in Int'l market
Concerned over crude oil prices touching a record $64 a barrel in the international market, Petroleum Minister Mani Shankar Aiyar today (Aug 9, 2005) said the Cabinet will decide on raising domestic fuel prices in line with the spurt.

Sensex witnesses volatile movements during morning
The Sensex today (Aug 9, 2005) witnessed volatile movements after a promising start and was quoted up by 38 points at 10.30 am on the Bombay Stock Exchange (BSE) on buying support alternated by profit booking by investors.