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Home -> Finance -> News

NATIONAL
PMC-Sierra establishes technology center in India
PMC-Sierra, Inc, a leading provider of broadband communications and storage semiconductors, today (Jan 12, 2006) announced it has established a new technology center in Bangalore.

Karnataka to seek plan size hike by 1500 crore
Karnataka today (Jan 12, 2006) said it has decided to seek Planning Commission approval for Rs 15,050 crore plan size of the state for the year 2006-07, an increase by 11.per cent over the previous year's size of Rs 13,500 crore.

Sensex down by another 64 points in roller-coaster ride
The Sensex extended its losses to third straight day in a roller-coaster ride and today (Jan 12,2006)ended 64 points down as top heavyweights Reliance Industries and Infosys Technologies suffered sharp setbacks following their dismal third quarter earnings.

Sonata plans further expansion in Hyderabad
Software services firm Sonata Software today (Jan 12, 2006) announced that it has been allotted eight acres of land in the IT hub of Poppalguda in Hyderabad for setting up an IT campus.

Sensex gives up 71 points during morning trading
The Bombay Stock Exchange benchmark 30-share index (sensex) continued to move downwards and was quoted 71 points lower during morning trading today (Jan 12, 2006) on fresh selling pressure triggered by discouraging quarterly results announced by top heavyweights RIL and Infosys Tech.