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Saturday, January 24, 2004
Sensex zooms 223 points
MUMBAI, JAN. 23.The Bombay Stock Exchange (BSE) 30-share sensitive index bounced back strongly today to end the week at 5816.64. In the process, it went up by 223 points or over 4 per cent on Friday after having crashed by 470 points in the last ...
SEBI warning on Participatory Notes
CHENNAI, JAN. 23.The Securities and Exchange Board of India (SEBI) has reiterated that there is no change in its policy of FII investments in India except by way of strengthening the "know your client" regime. This is felt necessary in the ...
Phone wars: Bharti prepares to take on Reliance
NEW DELHI, JAN. 23.Marking the second phase of phone wars, Bharti today announced more attractive terms for its pre-paid cellular phone cards. Its sweetened offer for pre-paid cards comes days before Reliance is expected to announce the launch of ...
Friedman sees 20 p.c. growth in car industry
CHENNAI, JAN. 23.The Managing Director of Ford India, David Friedman, today indicated that a 20 per cent growth in the car industry during 2004 `is possible' if all right factors were in place. Addressing a press conference here today after ...
Feeling good in a volatile stock market?
It is wrong to appropriate a booming stock market to a list of contributories to the feel good factor.
Turbomeca SA to set up Indian arm
NEW DELHI, JAN. 23. French turbocharger maker Turbomeca SA will set up a wholly-owned subsidiary in India with Rs. 3.50 crore equity investment to manufacture, design, assemble and sell turbochargers besides providing after sales service for the ...
Airtel's e-recharging facility
COIMBATORE: The Airtel, a cellular service provider on Friday launched a facility for recharging of pre-paid mobile phone SIM cards instead of going through the present system of coupons. According to the General Manager (Sales), Ram Gopal ...
Singapore's Scitex plans subsidiary
NEW DELHI, JAN. 23. The Singapore-based Scitex Digital Printing today announced its foray into the Indian market. The global digital printing solutions provider also plans to set up a wholly-owned subsidiary in the country, its Vice President of ...
Wipro Infotech pact with Redington
CHENNAI: Wipro Infotech has entered into a distribution partnership with Redington India. Through this agreement, Redington will market a select range of Wipro desktops, notebooks and entry level servers to address the requirements of the growing ...
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