Essel, Reliance Energy, GMR, GVK submit bids The programme for modernisation of Delhi and Mumbai Airports appeared to be on track with Anil Ambani-controlled Reliance Energy, Subhash Chandra's Essel and south India-based GVK and GMR groups today (Sept 14, 2005) submitting their bids, minutes before the deadline.
Only two Government directors on ONGC board: DPE Giving a shot in the arm to ONGC Chairman Subir Raha, who has been resisting appointment of additional Government directors on the company board, the Department of Public Enterprises today (Sept 14, 2005) said their number cannot exceed two.
Market snaps ten-day gaining string, down by 4 pts The market snapped ten-session long winning streak and today (Sept 14, 2005) ended marginally down by over four points after scaling a new record high at 8260.01 on alternate bouts of buying and selling from investors.
Standards required to check premature announcements Taking note of timing and veracity of stock-sensitive announcements made by some companies, including from the oil sector, market regulator SEBI today (Sept 14, 2005) said 'standards are required' to determine what needs to be shared in the public domain and at what time.
Kingfisher announces daily flights on 2 new routes Kingfisher Airlines, the wholly owned subsidiary of United Breweries, on Tuesday (Sep 13, 2005) announced the operation of daily Airbus A320 flights on two new routes - Bangalore-Chennai and Bangalore-Hyderabad from Wednesday (Sep 14, 2005).
Infy technologies to train 100 Chinese students Infosys Technologies Ltd on Wednesday (Sep 14, 2005) as part of the MoU (Memorandum of Understanding) between the company and Government of China it would train 100 students from China.
Centre to switch over to accrual-based a/c system Taking cue from India Inc, the Centre has decided to switch over to new and efficient accounting system and asked states to follow suit, as part of fiscal reforms and improving quality of public expenditure.
