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Thursday, April 22, 2004
IMF cautions India against rising deficit
WASHINGTON, APRIL 21.The International Monetary Fund today warned that the fiscal deficit needed to be reined in for India to sustain the present high growth as it would put upward pressure on interest rates. "Further progress in addressing ...
Bank service: no free lunch
CHENNAI, APRIL 21.Time was when banks fell head over heals to woo deposits. Post-liberalisation and following the advent of new generation private banks, the industry appears ever keener to make its customer debt-ridden. How else can one view the ...
New multimedia handset from Reliance Info
MUMBAI, APRIL 21.Reliance Infocomm has launched a new multimedia handset, LG RD 2230 handset, for entry-level Reliance IndiaMobile (RIM) pre-paid services, besides introducing new prices for its LG RD 2030, Moonlight LG RD 2130 and Nokia 2280 ...
Faster growth to warrant rate rise, says Greenspan
WASHINGTON, APRIL 21.The Federal Reserve Chairman, Alan Greenspan, said on Wednesday the U.S. economy has entered a period of more vigorous expansion that may require higher interest rates to keep inflation from rearing its head. "As I have ...
Cipla net up 27 p.c.
Cipla has registered a 26.6 per cent rise in net profit at Rs. 313.77 crores for the year ended March 31, 2004 against Rs. 247.74 crores in 2002-03. Total income grew to Rs. 2,094.52 crores from Rs. 1,599 crores. According to a BSE release, the ...
Sensex up 72 points
MUMBAI, APRIL 21. After a hesitant start, old economy stocks rallied smartly lifting the Sensex by 72 points at close on the Stock Exchange here today in response to the exit polls prediction of majority for the National Democratic Alliance (NDA) ...
Zee Tele's FCCB listed
NEW DELHI, APRIL 21. Zee Telefilms today announced the listing of its $100 million foreign currency convertible bonds on the Singapore Stock Exchange, including a $15 million greenshoe option. The bonds are convertible into newly issued ...
Microsoft's SMS 2003
NEW DELHI, APRIL 21. Targeting enterprise customers, Microsoft Corporation India today announced the availability of its systems management server 2003. The server, SMS 2003, includes improved management capabilities that address the areas of ...
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