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Home -> Finance -> News

NATIONAL
PM to work for retail FDI, cleanse power sector
Setting the bar high for 10 per cent growth, Prime Minister Manmohan Singh today promised to explore FDI in retail, set right problems in power sector and work for a flexible labour market.

FM asks Japan to invest heavily in infrastructure
Expressing concern at the flat growth in trade between India and Japan, Finance Minister P Chidambaram today (Nov 29,2005) asked Japanese businessmen to invest more in the country's infrastructure.

Sensex turns weak, sheds 64 pts in volatile trade
The five-session long bull run was checked on the Bombay Stock Exchange (BSE) today (Nov 29, 2005) as the sensex suffered a sharp setback after breaching the 9000-mark yesterday (Nov 28, 2005) and closed 64 points down in volatile trade due to fresh profit-selling at higher level.

Infy, Microsoft unveil Catalytic IT concept in B'lore
Infosys Technologies Limited and Microsoft Corp. today (Nov 29, 2005) unveiled the Catalytic IT concept centre at the Infosys campus here.

24/7 Customer sets up new facility in Hyderabad
Contact centre and BPO services provider 24/7 Customer today (Nov 29, 2005) announced the launch of a dedicated facility in Hyderabad.

Dhruva Interactive forges tie-up with Cricinfo
Gaming company Dhruva Interactive today (Nov 29, 2005) announced an exclusive tie-up with Wisden Group's Cricinfo to provide cricket products and applications on the mobile to users around the world.

SMART Technologies to expand its presence in India
Canada-based SMART Technologies, global market leader in interactive whiteboards, is seeking to expand its presence in India and may set up an office in this country to drive growth.

US-based Texas Instruments up on the Indian market
US-based DSP (digital signal processor) and analog technologies leader, Texas Instruments, is upbeat on the Indian market and says it's set to capitalise on boom times in communication and entertainment sectors in this country.

RIL bags National Award for R&D Efforts in Industry
Reliance Industries Limited (RIL) has bagged the National Award for research and development (R&D) Efforts in Industry - 2005 in the 'Technology Absorption' sector. The Award was presented to RIL at the 19th Annual National Conference on in-house R&D in Industry, held in New Delhi.

Chidambaram lauds Left for high economic growth
Praising Left parties, Finance Minister P Chidambaram today (Nov 29, 2005) said it was because of their support the economy could possibly grow by over seven per cent this year.

Air Deccan connects the largest number of airports
Air Deccan, India's No 01 low cost Airline has constantly been pursuing its vision of 'empowering every Indian to fly'. The airline does so by providing lowest airfares and connecting unconnected cities.

Sensex opens firm; falls by 90 pts in early trading
The Sensex today (Nov 29, 2005) opened with the overnight strength at a new high of 9065, but soon met with heavy selling and declined sharply by 90 points during early trading on the Bombay Stock Exchange (BSE) on fresh bouts of profit-selling at higher levels.