NATIONAL IBM launches Research Centre to improve IT services IBM today (August 18, 2005) launched a new Services Innovation and Research Centre here that would focus on innovative technologies for improving IT services.
Sensex breaches 7900, falls back sharply by 48 pts The Sensex today (August 18, 2005) turned sharply weak after hitting a new high of 7921.39 at the stock exchange, Mumbai (BSE) due to heavy profit-selling at higher level and ended 48.20 points lower at 7811.33.
Ilantus, BMC Software, Microsoft announce alliance Ilantus, a leading provider of identity management and user provisioning solutions, today announced a partnership with BMC Software and Microsoft to provide end-to-end identity management solutions to customers in India.
Sensex breaches 7900, falls back sharply by 48 pts The Sensex today (August 18, 2005) turned sharply weak after hitting a new high of 7921.39 at the stock exchange, Mumbai (BSE) due to heavy profit-selling at higher level and ended 48.20 points lower at 7811.33.
VAT: States missed deadline, Panel to wait till Aug Desperate to woo back bullion trade, which has shifted to low tax-regime states like Gujarat and Rajasthan, the Delhi government is firm on cutting VAT rates on precious metals to 0.25 per cent if the VAT panel fails to make other states raise tax rates to one per cent.
Firm launches 2 products for global retail industry Bangalore-based specialised software solution provider Manthan Systems has launched two new analytical products primarily targeting retailers and consumer packaged goods industry in North America and Europe.
Twenty eight-cr capital raised from markets in FY'05 With a large number of Indian companies hitting the capital market, the Securities and Exchange Board of India (SEBI) has said that total amount of capital raised through public and right issues in FY'05 increased by 21.42 per cent to Rs 28,256 crore even as the number of Foreign Institutional Investors (FIIs) rose to 685 from 540.
Sensex scales new highs, touches 7900 at opening The Sensex today (August 18, 2005) rose further smartly and touched 7900 point level during the early trading on the Stock Exchange, Mumbai (BSE) on increased buying activity.
Air Deccan to issue IPO between November-January Low-cost, no-frill carrier Air Deccan today said it would issue its Initial Public Offer (IPO) between November and January offering 20-25 per cent
stake.
INTERNATIONAL East China accounts for a third of bilateral trade Over 60 Indian businesses have set up operations in Shanghai, part of the dynamic East China region which accounts for a third of India-China bilateral trade.