Online edition of India's National Newspaper
Saturday, August 28, 2004
New omnibus trade policy on August 31
NEW DELHI, AUG. 27.In the backdrop of robust 25 per cent export growth in the current fiscal, the Government plans to outline a new omnibus foreign trade policy to replace the earlier annual Export-Import policy. With most regulations relating to ...
Price stability is the main objective, says Y. V. Reddy
HYDERABAD, AUG. 27. The Reserve Bank of India Governor, Y. Venugopal Reddy, said that the apex bank was `monitoring' the situation with regard to inflationary trends and demand and supply position and "steps and measures needed will be taken in a ...
Marginal dip in inflation
NEW DELHI, AUG. 27.After three consecutive weeks of increase, the inflation rate fell marginally to 7.94 per cent for the week ended August 14. The inflation rate was 7.96 per cent in the previous week. But for two uncertain factors, there is ...
Bose dares auto world with smart suspension
FRAMINGHAM (Massachusetts, U.S.), AUG. 27. Car owners who boast of a Bose music system in their vehicles may soon wish they had another product from the company working beneath the floor board. In a demonstration that drew gasps of surprise from ...
BSNL announces lower cellular rates
NEW DELHI, AUG. 27.Bharat Sanchar Nigam Limited (BSNL) today joined the price war by announcing lower cellular call rates. It has also reduced the fixed phone STD charges by one-third for all distances. The new rates will be effective from ...
Infosys looking for second location in China?
BANGALORE, AUG. 27.A U.S. based media group reported on Thursday that Infosys Technologies was looking for a second location in China, where it has one facility in Shanghai. While the report from Shanghai quoted a senior Infosys (Shanghai) ...
New directors for two banks
CHENNAI, AUG. 27. B. Sambamurthy, General Manager, Syndicate Bank, has joined Indian Bank as Executive Director on Friday. He has been posted for a period upto October 31, 2008, the date of his superannuation. The General Manager of Indian ...
Oracle's offer for PeopleSoft
SAN FRANCISCO, AUG. 27. Business software maker Oracle Corp. said on Thursday that it extended again its $7.7 billion hostile tender offer for PeopleSoft Inc. to September 10, as it awaits a U.S. District Court judge's ruling on whether the ...
Electrolux ups rank
NEW DELHI, AUG. 27. The white goods major Electrolux today said its ranking in the Fortune 500 has improved 16 points to 349 from 365 last year. It said it has been recognised as the one of the world's largest corporations by the magazine ...
Reliance product gains acceptance
KOLKATA, AUG. 27. Reliance Industries sees great potential for its Recron 3S-modified polyester in the construction material market, Head of business development (Recron 3S) of Reliance Industries, M. K. Goyal, told reporters here today. ...
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