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India keeps up growth momentum
NEW DELHI, JUNE 3. Despite general sluggishness and anti-India sentiment in the world IT market, the Indian software and services industry is expected to maintain a respectable double digit growth rate in the current fiscal. Its share in total ...
They join hands to 'penetrate Indian market'
MUMBAI, JUNE 3.In a unique development, trade commissioners and economic representatives of countries based in Mumbai have formed a "forum" to help companies from their nations to "penetrate the Indian market". They believe that India, as a ...
Cyber war between pro, anti-India hackers hots up
HYDERABAD, JUNE 3. An Indian hacker, who had earlier unleashed at least three variants of Yaha virus to target Pakistan websites and ISPs, has now threatened to launch the latest version of the virus even as the cyberwar between pro and ...
Trading in interest rate futures allowed
MUMBAI, JUNE 3.The Reserve Bank of India today issued guidelines to participants on exchange traded interest rate derivatives. The guidelines enable scheduled commercial banks (SCBs), excluding regional rural banks and local area banks, primary ...
Naik leaves for NELP roadshows
NEW DELHI, JUNE 3. An official delegation led by the Union Petroleum Minister, Ram Naik, leaves tonight to hold road shows abroad to promote the fourth round of the New Exploration Licensing Policy (NELP-IV). An official release says the road ...
IFC invests $3 m in Dataquest
WASHINGTON, JUNE 3. The International Finance Corporation, the private sector arm of the World Bank Group, is investing up to $3 million in a leading animation services company, Dataquest Management and Communications Ltd., now DQ Entertainment ...
Steel subsidy pact: India reserves opinion
NEW DELHI, JUNE 3.India has reserved its opinion on the draft Steel Subsidies Agreement (SSA) for the elimination of all steel specific subsidies given by the developing countries, the Union Minister for Steel, Braja Kishore Tripathy, informed a ...
Sensex down 24 points
MUMBAI, JUNE 3. The Sensex snapped its four-session gains as equities suffered a sharp setback after an initial rally on the Bombay Stock Exchange here today due to sustained selling pressure by speculators as well as domestic financial ...
Other Stories

  • Tube Investments pays 90 p.c.
  • Intel President to visit India
  • Telco launches new pick-up vehicle
  • UTI MF considering privatisation option
  • Narayana Murthy on Asia Business Council board


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  • SBI Cards to raise short term debt
  • Tellabs acquires Vivace Networks
  • Aptech ties up with LG



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