NATIONAL Reliance Energy and Capital to merge ADAE group cos After the hiving off of RIL's investment in communication, financial and power sectors as part of a settlement, Anil Ambani's group today (Dec 28, 2005) announced its intention to merge two of the newly created entities with Reliance Capital and Reliance Energy.
Sensex marginally down by 26 pts, ends at 9257.51 After yesterday's steep rally, the Sensex today (Dec 28, 2005) turned marginally weak and was down by 25.65 points to end at 9257.51 on the Bombay Stock Exchange (BSE) due to emergence of fresh selling ahead of the expiry of the December derivatives tomorrow.
582 big firms to file Excise, CT, ST under one roof Disfavouring 'blunt' steps like search and seizures, Finance Minister P Chidambaram today (Dec 28, 2005) invited 582 top corporates to avail a single-window tax payment facility and promised to set up a National Tax Tribunal next year to cut disputes and improve collections.
RBI tames inflation below 5pc, amid high oil prices Two rounds of domestic fuel price hike forced by unprecedented rise in global oil prices and a sudden spurt in onion prices brought tears in the eyes of the common man in 2005, but the Government and Reserve Bank rejoiced after taming the beast called inflation to below 5 per cent.
Sensex shows initial gains during morning trade After resuming on a better note, the Sensex showed choppy movements and was quoted slightly higher at the opening session on the Bombay Stock Exchange (BSE)today (Dec 28,2005).
'Private airlines shunning their responsibilities' Civil Aviaton Minister Praful Patel yesterday (Dec 27,2005) night accused Private Airlnes of 'shunning their responsibilities' and expressed unhappiness that they had not trained their pilots to use fog-landing system.
