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Saturday, May 08, 2004

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Bangalore-bound, but still inside Intel
R2HC is catching on at Intel's US offices. And no, the abbreviation does not indicate a new technology or a next generation product. It's the company's HR programme enticing international hires to return home. The Return To Home Country (R2HC) ... More

Polls shadow markets; Sensex down 87 points
THE stock market on Friday lost all of Thursday's gains as profit-taking ahead of the final phase of the Lok Sabha election pulled indices by over 1.5 per cent. In Friday's trading, the BSE Sensex was down by 87.72 points (1.52 per cent) to ... More

Post-poll, no major hike in petrol, diesel prices likely
THERE will be no major hike in prices of petrol and diesel immediately after the elections, according to the Petroleum Secretary, Mr B.K. Chaturvedi. Even as the price of the raw material, crude oil, remains inflamed, Mr Chaturvedi said that a ... More

Steel subsidy pact not acceptable, OECD told
A TWO-MEMBER team from the Organisation for Economic Cooperation and Development (OECD) met representatives of the steel industry here on Friday to discuss the proposed steel subsidy agreement that envisages phasing out of all State subsidies ... More

Ministry exploring ways to encash FM cos' guarantees
THE Information and Broadcasting (I&B) Ministry is holding talks with banks to explore the possibility of encashing the bank guarantees of FM radio companies operating out of Mumbai which have defaulted in payment of the annual licence ... More

Templeton Strategic buys 2.9 pc stake in Aurobindo Pharma
TEMPLETON Strategic Emerging Markets LDC has acquired 13,05,460 equity shares amounting to 2.9 per cent of the total paid-up capital of Aurobindo Pharma Ltd (APL). The mode of acquisition of the shares was through the open market and was ... More

Bharti, Reliance lead in mobile user base
THE total number of mobile phone users in the country has touched 34.57 million as of April 2004. The GSM mobile subscriber base has gone up to 27.15 million customers while the CDMA subscriber base reached 7.42 million, according to figures ... More

Chemplast Sanmar duo wins Business Line Quiz
THE Chemplast Sanmar duo of Mr A.H. Kesari Prasad and Mr Ramkumar Shankar finished a perfect day of quizzing, first winning the Chennai city finals and then clinching in style the grand finale of the Business Line Quiz 2004, presented by ... More




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