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Home -> Finance -> News

NATIONAL
IBM to host Rational Software Developer Conference
IBM today (Sept 2, 2005) announced hosting of the first Rational Software Development Conference in India from September seven to nine.

Government to sell 8 per cent stake in Maruti
Aiming to raise Rs 900-1,000 crore, the Government today (Sept 2, 2005) decided to offload 8 per cent of its equity in Maruti Udyog Ltd in favor of public sector financial institutions.

USFDA to help India set up world-class systems
India has sought the help of United States Food and Drug Administration (USFDA) to put in place world-class systems and protocols in the area of clinical trials to realize its ambition to become a global manufacturing base for drug development.

IP issues with the US resolved on agreement: India
After saying 'no' for nearly a decade, the United States has agreed to an Indo-US Science and Technology Umbrella Agreement that also deals with the vexed Intellectual Property (IP) issues over which Washington had reservations for long.

Sensex hits new all-time high during early trading
The Bombay Stock Exchange's (BSE) Benchmark 30-share Index (Sensex) today (September 2, 2005) scaled a new all-time high at 7928.07 before falling back sharply during morning trading as retail investors resorted to selling at the higher levels.

INTERNATIONAL
Primary edu back to limelight by DPEP: World Bank
Keen to share India's vision of 'Education for All,' the World Bank has commended its largest borrower country for its District Primary Education Programme (DPEP) saying that the project has brought back primary education to the centre stage of national agenda.

Oil prices hover near USD 70 in Asian market today
Oil prices remained close to 70 US dollars a barrel in Asian trade today (Sept 2, 2005) on concerns about the damage to US crude production in the aftermath of Hurricane Katrina, dealers said.