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Home -> Finance -> News

NATIONAL
Restructure knowledge institutions: Sam Pitroda
In view of the changing nature of innovation and technology all over the world, it is necessary for us to "restructure our knowledge institutions which are indispensable for the growth of the country", Sam Pitroda, Chairman C-SAM Inc. said today (November 11, 2005).

Registration compulsory in Downlinking guidelines
The Government today (November 11, 2005) made it mandatory for channels downlinking into India to register themselves in the country to have an effective control on their operations and banned any advertising and news programmes designed specifically for Indian audiences in case of news and current affairs channels.

FM slams WB govt on 'unsustainable' fiscal health
Union Finance minister P Chidambaram today (November 11, 2005) slammed the West Bengal government on its 'unsustainable' fiscal health and urged all states to set their fiscal houses in order by following the roadmap laid down by the 12th Finance Commission.

Sensex shoots up to one-month high of 8,471.04
Powered by firm global trends amid sliding crude price and consistent FII inflows, the Bombay Stock Exchange's benchmark sensex today (November 11, 2005) flared up by a whopping 162 points to end at a month's high of 8,471.04 as the capital market once again turned strong after a two- session brief pause.

Fortune rates Shaw as the most powerful women
India's biotech 'Queen' Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon and two others have figured in the world's most powerful women in Business of Fortune magazine.

Premji receives prestigious Faraday Medal from IEE
Wipro Chairman Azim Premji today (Nov 11, 2005) received the prestigious Faraday Medal from the Institution of Electrical Engineers (IEE), the largest professional engineering society in Europe, in recognition of his outstanding business leadership and contributions to elementary education in this country, becoming the first Indian to get the honour.

Sensex spurts past 8400 level after two-day pause
Buoyed by firm global trend and a sharp fall in crude prices, the Bombay Stock Exchange (BSE) Benchmark 30-share Index (Sensex) once again turned strong after a two-day pause and spurted past 8400 level during morning (Nov 11, 2005) trading on the back of sustained FII inflows.