Online edition of India's National Newspaper
Tuesday, August 03, 2004
New trade policy to cover WTO rules
NEW DELHI, AUG. 2.The Government will shortly unveil a comprehensive foreign trade policy covering all issues relating to this sector such as free trade agreements (FTAs), World Trade Organisation (WTO) matters, making special economic zones more ...
TCS, Wipro remain on top
NEW DELHI, AUG. 2.Tata Consultancy Services and Wipro have managed to hold on to their number one and two positions in the ranking of IT companies top 20 of which account for 50 per cent of the entire Indian IT industry. "The revenues of top 20 ...
Hectic activity in civil aviation sector
MUMBAI, AUG. 2. The battle for the skies has truly commenced in the Indian commercial civil aviation sector. A hike in the permitted foreign direct investment (FDI) announced in the Union budget 2004-05, a slashing of apex fares by leading ...
SPIC on way to recovery
CHENNAI, AUG. 2.Southern Petrochemical Industries Corporation (SPIC) has reduced its net loss to Rs. 9.41 crores in the year ended March 31, 2004 from Rs. 375.69 crores in the previous year. Net sales and income from operations stood at Rs. ...
Maruti July sales up
NEW DELHI, AUG. 2. Maruti Udyog Ltd, India's biggest carmaker, today said domestic sales grew 10 per cent at 40,175 units in July 2004 as its compact cars notched up impressive numbers. Sales of MUL's bread-and-butter model, Maruti800, ...
Siemens' new chief
CHENNAI, AUG. 2. The board of directors of Siemens India, at its meeting in Mumbai, chose Deepak Parekh as its Chairman. Mr. Parekh was appointed after F. A. Mehta stepped down as Chairman after 16 long years at the helm of affairs at Siemens. ...
Two resign from SBI board
MUMBAI, AUG. 2.The former Reserve Bank of India Governor, I. G. Patel, and the Nicholas Piramal India Chairman, Ajay Piramal, have resigned from State Bank of India's central board. Mr. Patel ceases to be director of the bank from July 21 ...
Corporates to raise $790 m
MUMBAI, AUG. 2.Corporates have informed the Reserve Bank of India their intention of raising over $790 million through External Commercial Borrowings under the automatic route. As many as 74 proposals aggregating $793 million have notified ...
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