NATIONAL Market: Sensex closes at new peak of 10941.11 mark A sharp rally in metal and IT stocks today (Mar 20 2006) lifted the Sensex by 81 points to end at a new closing peak of 10,941.11 points, just a few points away from the crucial 11,000 mark while investors turned selective, having their focus on key counters.
Govt's spectrum scarcity issue for telecom growth Taking note of constraints faced by telecom companies, Prime Minister Manmohan Singh today (Mar 20 2006) said the government was working on releasing additional spectrum for commercial use by telecom operators to facilitate the sector's expansion.
Moderate taxes to propel revenue: P Chidambaram Enthused by tax buoyancy, Finance Minister P Chidambaram today (Mar 20 2006) said the mantra to sustain growth in tax revenues would be moderate taxes and widening of their base to achieve the "unprecedented" 20 per cent growth in revenue for the third year in succession.
Supreme Court notices to CAOI on a BSNL petition The Supreme Court today (Mar 20 2006) issued notice to Cellular Operators Association of India (CAOI) on a BSNL petition challenging a TDSAT order asking the state-owned telecom major to charge a fixed rate of 20 paise per minute as "carriage" charges from cellphone operators.
Sensex opens with a bang, heads towards 11,000 mark The Bombay Stock Exchange's Benchmark 30-share Index (Sensex) today (Mar 20 2006) opened with a bang and headed towards the crucial 11,000 mark, driven by sustained fund inflows into equity.
INTERNATIONAL US-India CEO forum comes out with reform agenda The US-India CEO forum has come out with a far-reaching reform agenda including opening up of retail sector and raising FDI caps in insurance, banking, print media and broadcasting.
