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Tuesday, April 12, 2005

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India, China aim at $20 b in bilateral trade
INDIA and China today opened a new chapter in bilateral relations, with China backing for the first time India's claim for a permanent seat in the United Nations Security Council and both sides evolving the political parameters and guiding ... More

Scope for better ties in hi-tech areas: Chinese PM
THE visiting Chinese Premier, Mr Wen Jiabao, on Monday asked India to join hands and make further endeavours to implement a long-term plan for trade and economic co-operation. Addressing the India-China Business Cooperation Conference here, Mr ... More

Conflict of brokers' trading interests causes alarm
THE increasing number of instances of conflict of interest between stockbrokers' own investments and their clients' accounts has reached alarming proportions now. Brokers' proprietary positions, where they invest their own money in the stock ... More

Jet to hike domestic air fares by 12 pc
JET Airways India Ltd has announced that it will hike its domestic air fares by 12 per cent from April 15 on account of the 18-per cent price increase in aviation turbine fuel (ATF) over March. The ATF component for the company is around one ... More

Ratan Tata steps down as VSNL chairman
MR Ratan Tata has stepped down as the non-executive chairman of Videsh Sanchar Nigam Ltd (VSNL). Mr Subodh Bhargava, an independent director of the VSNL board and, until March 2000, Chairman and CEO of the Eicher Group, has been appointed the ... More

Who will take over the Jindal group mantle?
THE succession of the late steel baron O.P. Jindal, who was the group chairman, will come up as his four sons go back to their working desks and respective companies from Tuesday. The formal selection of the next head of the family, ... More

Selling pressure makes it hard for software stocks
SELLING pressures engulfed the market for the second successive trading session, as the Sensex closed below 6400 points during the day. The Sensex shed 82.02 points to close for the day at 6397.52, after touching a high of 6444.33 and a low of ... More

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