NATIONAL Merrill Lynch to launch systematic investment plan DSP Merrill Lynch Mutual Fund is launching 'Super S.I.P', where investments made through a monthly systematic investment plan also provide the investor with a life insurance cover.
India is good for long-term investments: Mulford Stating that India was an attractive destination for long-term investments, US Ambassador to India David C Mulford today (Sept 1, 2005) called for further removal of restrictions to attract more US investors.
Sensex rises by 71 points to end at new peak Buoyed by a strong global trend, the stock market today (Sept 1, 2005) rallied sharply aiding the Sensex to end at a new peak of 7876.15 on the back of heavy purchases by operators as well as institutional investors.
ADB to lend 2.5 bn more for Bharat Nirman project Asian Development Bank (ADB) will double its assistance to India to more than 2.5 billion US dollars annually in the next three years and was open to consider funding the ambitious 'Bharat Nirman' programme.
Fiscal deficit a major cause of worry for country Expressing serious concern about the country's financial health, Prime Minister Manmohan Singh today (Sept 1, 2005) warned that economic progress could be hindered if the mounting fiscal deficit of 9 to 10 per cent of the national income was not contained.
Fiscal deficit a major cause of worry for country Expressing serious concern about the country's financial health, Prime Minister Manmohan Singh today (Sept 1, 2005) warned that economic progress could be hindered if the mounting fiscal deficit of 9 to 10 per cent of the national income was not contained.
Bizworth to offer Intellectual Capital service Consulting Company Bizworth India today (Sept 1, 2005) announced it has partnered with Sweden-based Intellectual Capital to offer what it said is India's first Intellectual Capital (IC) assessment service.
ADB sees 7 pc growth for India despite oil shocks Asian Development Bank yesterday (Aug 31, 2005) said the spike in global oil prices would not deter India from maintaining a robust 7 per cent growth in the coming years, but it could be accelerated with faster reforms.
Infosys, TCS get Euro contract from ABN Amro In one of the largest outsourcing deal, ABN Amro bank has signed a 1.8 billion Euro contract with five IT-vendors including Tata Consultancy Services,Infosys and IBM.
Central Excise issues notice to Reliance refinery The Central Excise is understood to have issued a demand notice to the tune of over Rs 10,000 crores to Reliance petroleum refinery in Jamnagar district of Gujarat.
Sensex spurts by 81 points during morning trading Buoyed by strong global trend, the Bombay Stock Exchange's Benchmark 30-Share Index (sensex) today (Sept 1, 2005) rallied sharply and was quoted 81 points up at 10.30 a.m. on heavy flow of investments from institutional investors amid high crude price.
INTERNATIONAL Tata, IBM win 1.8 bn Euro order from ABN Amro Tata Consultancy Services, International Business Machines Corp and three other companies won a 1.8 billion euro (2.22 billion US dollar) order from ABN Amro Holdings NV to maintain and upgrade its global information technology network.
US plans to open strategic reserve; Oil prices cool Oil prices eased yesterday (August 31, 2005) after the United States (US) said it would release oil from its Strategic Petroleum Reserve to help refineries left short of crude after Hurricane Katrina battered platforms.
