NATIONAL Fertiliser industry demands long-term policy Blaming the Government for not adopting a long-term domestic fertiliser policy, the industry has said this has resulted in a huge drain of foreign exchange due to its high imports.
Maxtor Corp to ship its next generation hard drives Maxtor Corporation, a worldwide leader in hard disk drives and consumer storage products, today (Nov 30, 2005) said it would ship this quarter its next generation 500 GB hard drives for enterprise, consumer and desktop markets.
SEBI declines to comment on Reliance demerger issue Market regulator Securities and Exchange Board of India (SEBI) today (Nov 30, 2005) declined to comment on media reports indicating that it had asked Ambani siblings, Mukesh and Anil, to share details about Reliance group's proposed demerger scheme.
SemIndia ties with Govt to invest in chip testing Even as the Government's announcement on Intel's chip testing unit in India is yet to take-off, SemIndia, a consortium of overseas Indians, today (Nov 30,2005) announced plans to invest 3 billion US$ in an advanced semiconductor manufacturing facility in the country with technology from America's Advanced Micro Devices Inc.
Asia Cryo-Cell plans to expand network to 24 cities Chennai-based cord blood bank, Asia Cryo-Cell plans to expand its network of marketing and collection centres to 24 cities, including six overseas like Dubai, Colombo and Kaula Lumpur, within two years, senior company executives said today (Nov 30, 2005).
Sensex plunges by 142 pts to end below 8800 level In highly volatile trading, the sensex today (Nov 30, 2005) suffered a massive 265.19 point loss during the session's trading on sudden bouts of selling pressure towards the fag-end and closed 142.35 points down at 8788.81 on the Bombay Stock Exchange (BSE).
BPCL looks at 800 sites for retail outlets expansion Bharat Petroleum Corporation Limited (BPCL) is looking at 600 to 800 strategic sites across the country for its retail outlets expansion, a top official of the company said.
Great Eastern Hotel taken over by Lalit Suri Ending years of uncertainty the 165-year old Great Eastern Hotel, Asia's oldest, formally changed hands today (Nov 30, 2005) with Lalit Suri of Delhi-based Bharat Hotels Limited taking over as the final step towards its privatisation.
Economy grows by 8.1 pc in H1, exceeds PM's outlook Exceeding Prime Minister Manmohan Singh's expectations of a 7.5 per cent growth, Indian economy registered a strong 8.0 per cent growth in the second successive quarter of the current fiscal, overcoming the lacklustre performance of agriculture and mining sectors.
SEMI ties up with AMD for chip manufacturing plant US-based SEMI India today (Nov 30, 2005) announced a three billion USD chip manufacturing plant for India in technological partnership with micro processing giant AMD.
Infosys' 'Finacle' to power ANB's core banking Infosys Technologies Ltd on Tuesday (Nov 29, 2005) said Arab National Bank (ANB), a leading Saudi bank, has chosen its core banking solution 'Finacle' to power its aggressive focus on the burgeoning retail banking market in Saudi Arabia.
Sensex shoots up by 80 pts, touches new high of 9014 The Sensex today (Nov 30, 2005) recovered sharply and shot up by 80.43 points to touch a new high of 9014.40 during the first ten minutes of trading at the opening session on Bombay Stock Exchange (BSE) on fresh bouts of heavy buying activity.
ICICI Bank fixes Rs 505-545 a share for public offer ICICI Bank yesterday (Nov 29, 2005) fixed a price band of Rs 505-545 a share for its domestic follow-on public offer that will fetch Rs 5,000 crore to the bank.
