NATIONAL Market rebounds from day's low, ends 65 points up The stock market today (Mar 09 2006) made a strong comeback, rebounding from the day's low to end 65 points up at 10,573.54 driven by late short covering by traders coupled with heavy purchases by domestic funds amid negative FII activity.
Tatas sell 8% equity in TTSL to Sterling Infotech A day after selling equity to Singapore-based Temasek Holding, Tata Teleservices today (Mar 09 2006) offloaded another 8 per cent equity in favour of Sterling Infotech owned by C Sivasankaran, presumably for about Rs 1,200 crore.
Amendments for raising IT limit for elders, women The Opposition BJP today (Mar 09 2006) moved several amendments to the Finance Bill in the Lok Sabha, including raising the Income Tax exemption limit for senior citizens to Rs 2.5 lakhs and hiking Provident Fund interest rates to 9.5 per cent.
Sensex tumbles by 127 points during early trade The Bombay Stock Exchange benchmark 30-share index continued its slide and fell by about 127 points in first one hour of trading today(Mar 9,2006) on massive selling by foreign funds.
RPO firms gears to bring hiring solutions in India After the BPO and KPO boom, the corporate sector in India is steadily gearing up for a new concept RPO, that is Recruitment Process Outsourcing. It aims at taking the burden out of the head-hunting business of the corporate sector.
INTERNATIONAL Oil prices slip below US$ 60 on strong supply Oil prices today(Mar 9,2006) fell below the key US$ 60 level in Asian trade as abundant US energy supplies and OPEC's unchanged production levels lowered supply concerns over Iran, dealers said.
