NATIONAL FM clears 27 FDI proposals worth Rs 998 crores Global financial majors AIG and Genworth along with US-based Century Telephone Enterprises Inc, P&O Port and Tower Vision Ltd today (Mar 14 2006) obtained the clearance from the government for investing heavily in India.
BAE systems delivers first shipment for Hawk BAE Systems today (Mar 14 2006) said it delivered the first shipment of raw materials to the state-owned aircraft manufacturer Hindustan Aeronautics Ltd for the production of Hawk Advanced Jet Trainers (AJTs) in the country.
Govt to set up sixth Pay Commission: MoS Finance The Government is initiating steps to set up the sixth pay commission and consulting states in this regard, the Rajya Sabha was informed today (Mar 14 2006).
Sensex scales fresh high crosses 10, 896 points The benchmark Sensex climbed to a new high and crossed 10,896 points on the Bombay Stock Exchange at noon today (Mar 14 2006) on emergence of buying in index-related banking and auto shares.
Biocon drugs for cancer to be 'potential hit' Biocon, India's largest bio-tech firm, is developing drugs for cancer and diabetes that could be 'potentially blockbusters', says its Chairman and Managing Director Kiran Mazumdar-Shaw.
No proposal received for Sahara-Jet merger: Govt The Government today (Mar 14 2006) told the Rajya Sabha that it has not received any formal proposal for merger of Sahara Airlines with Jet Airways, leading to protests by Left members who asked the Minister to clarify on the matter.
PM to launch insurance scheme for taxi drivers Prime Minister Manmohan Singh will kick-off a massive energy conservation drive on Saturday with the launch of an insurance scheme for auto and taxi drivers using environment friendly CNG as fuel in Mumbai.
BSE: Sensex moderately down during morning trade The Bombay Stock Exchange Benchmark 30-share Index (Sensex) met with a resistance and was quoted moderately down today(Mar 14, 2006) in volatile activity during early trade due to fresh profit selling by operators amid sustained purchases by institutional investors.
