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Tuesday, March 09, 2004
Accelerated growth on cards, says Kelkar
NEW DELHI, MARCH 8.Enthused by the over 8 per cent growth this year, the Union Finance Ministry today expressed confidence that India would maintain high growth path logging 8-10 per cent GDP growth in the next two decades. Aided by abundant ...
TRAI favours cap on tariff plans
NEW DELHI, MARCH 8. Faced with the difficult task of monitoring a staggering number of tariff plans being reported to it by basic and mobile players, the Telecom Regulatory Authority of India today came out with a consultation paper on limiting ...
Mass hacking of corporate websites
HYDERABAD, MARCH 8.Hundreds of Indian websites went off the web on Monday after a hacker managed to exploit a loophole in the firewalls of a web server and removed the data from the homepages. Most of the websites belonging to commercial ...
LIC to bid for 15 p.c. shares in ONGC
NEW DELHI, MARCH 8.The Chairman of Life Insurance Corporation, S. B. Mathur, today said the public sector life insurer would make a bid for 15 per cent shares of Oil and Natural Gas Corporation's total offering in the ongoing IPO. "We will ...
Magma unveils tools for chip design
BANGALORE, MARCH 8.The U.S.-based Indian-founded specialist in computerised chip design aids, Magma Design Automation, today unveiled a suite of tools aimed at the burgeoning electronic design business here. The company ...
UTI MF's six thematic schemes
MUMBAI, MARCH 8.UTI Mutual Fund will hit the capital market tomorrow with initial public offering for its sixth Thematic funds including auto, banking and public sector undertakings (PSUs). The subscription for the IPO would remain open till ...
Refinery stocks to the fore
MUMBAI, MARCH 8.Led by refinery and banking segments, share prices rallied further pushing up the Sensex by 54.84 points to close at 5935.19 on the Bombay Stock Exchange on Monday on sustained buying by foreign funds as well as operators, mainly ...
Rupee moves up
MUMBAI, MARCH 8. The rupee strode to a one-week high against the U.S. currency today, backed by strong bunched up trade and investment inflows, and reflecting the dollar's renewed global weakness in fairly active trade at the interbank foreign ...
Tata Motors to raise $500 m
MUMBAI, MARCH 8. The board of directors of Tata Motors has in principle approved the raising of additional long-term resources of up to $500 million by the issue of appropriate securities in the international markets on terms that are to be ...
Jindal Power plans $ 100 m ECB
NEW DELHI, MARCH 8.Navin Jindal promoted Jindal Power Ltd. (JPL) today said it was considering floating a $100 million external commercial borrowing (ECB) to part finance a 500 MW thermal power project and has approached multi-lateral agencies ...
NIIT launches Swift Jyoti for women
NEW DELHI: In its endeavour to bring women and computers together, NIIT has embarked on a special initiative to reach out to tens of thousands of Indian women starting March 8 on the occasion of International Women's Day. To help women become `IT ...
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