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Centre announces debt swap scheme for banks
MUMBAI, MAY 2.The Government has proposed to buy back 24 illiquid Government of India Securities (G-Sec) with a total face value of Rs. 80,000 crores from banks and public sector financial institutions. Though the buyback operation is ...
India attractive destination for U.S. firms
WASHINGTON, MAY 2.The U.S. corporate chiefs find India the most "attractive'' destination for offshore business and in the next five years U.S. financial services companies plan to transfer half a million jobs to foreign nations, a study says. ...
AMD eases the cultural shock of 64-bit computing
BANGALORE, MAY 2.This week's launch of its new 64-bit Opteron processor in India may be a canny move by Advanced Micro Devices (AMD) to address the worry of the owners of current PCs and servers — overwhelmingly based on 32-bit chips — ...
Downtrend halted on BSE
MUMBAI, MAY 2. The Sensex posted a fresh gain of 6.84 points to close at 2966.63 on the Bombay Stock Exchange here today helped largely by software major, Infosys Technologies, that induced renewed buying in other counters and cut-short a ...
Tisco launches ASPIRE to achieve excellence
JAMSHEDPUR, MAY 2.Tata Iron and Steel Company Limited (Tisco) today launched its ambitious ASPirational Initiatives to Retain Excellence (ASPIRE) to accelerate its quality improvement programmes and reach a net profit level of Rs. 1,000 crores to ...
FINANCIAL SCENE
VAT next?
Any new timetable for VAT will appear as daunting as the several more leisurely ones that were abandoned.
Other Stories

  • Govt bars new investment in SDS
  • Rupee little changed
  • Quintant hits upon a novel model to dip into BPO cake
  • GE Shipping's lower net
  • ACC posts lower profit
  • ALL net up, pays 50 p.c.
  • Bajaj Auto sales dip
  • Jute industry wants promotional measures
  • Hyundai hikes Santro prices


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