NATIONAL 'Totally sick companies will have to be wound up' Asserting it cannot go on paying salaries of workers of sick public sector companies, the Government today (Aug 16, 2005) said companies, which cannot be revived, would have to be wound up.
BPO scam: NASSCOM offers help in nailing suspects NASSCOM today (August 16, 2005) said it will work with legal authorities in Australia and India to ensure that those responsible for theft of data of customers of an Australian telecom company are promptly prosecuted.
Sensex ends flat, mid-cap stocks in limelight The sensex today (August 16, 2005) witnessed limited activity before ending flat even as small-cap and mid-cap stocks hogged the limelight on the Bombay Stock Exchange (BSE) on fairly good buying support.
Indian Airlines to start own courier service Indian Airlines proposes to commence its own retail courier and freight services to tap the huge domestic courier/cargo business, the Rajya Sabha was informed today (August 16, 2005).
'India and China to drive global economy' The balance of power will shift to the East as India and China continue to grow over the next decades, says a leading American business magazine.
VSNL slashes Int'l bandwidth tariffs by up to 45% VSNL (Videsh Sanchar Nigam Ltd) today (Aug 16, 2005) cut international bandwidth prices by up to 45 per cent, a move that will give relief to massive bandwidth users like BPOs, call centres and IT companies.
VAT earnings up in 1st quarter, says Chidambaram VAT system has no adverse impact on consumer prices, and revenue earnings under the new regime have shot up by 15.3 per cent during the first quarter of the current fiscal, Finance Minister P Chidambaram told the Rajya Sabha today (Aug 16, 2005).
Sensex modestly up in erratic trade at early stage The Sensex today (Aug 16, 2005) witnessed erratic movements after opening on a promising note and was quoted up by 14 points at 10.30 am on alternate bouts of buying and selling by investors.
