Online edition of India's National Newspaper
Thursday, January 22, 2004
Gartner sees higher telecom growth in Asia
NEW DELHI, JAN 21.After three years of focusing on cutting cost, telecom service companies in Asia and Pacific will again begin to focus on growth in 2004 but the results will be patchy. This is due to better economic conditions, improving ...
Wipro's Q3 net up 19 p.c. at Rs. 274 crores
BANGALORE, JAN. 21.Wipro Technologies has reported a net profit of Rs. 274 crores in the quarter ended December 31, 2003, a 19 per cent increase year-on-year and sequentially as well. The company, handling "global IT services and products,'' ...
Patni fixes price band for IPO
MUMBAI, JAN. 21.Patni Computer Systems Ltd. (PCS) is entering the capital markets with its initial public offering (IPO). The company is going in for a 100 per cent book building route and the price band has been fixed at Rs. 200-230 per equity ...
Oil refining, steel spur infrastructure growth
NEW DELHI, JAN. 21. The infrastructure sector picked up in December with a growth of 5.9 per cent largely due to a spurt in the oil refining and steel industries. The overall growth for the April- December (2003) period, however, remains at 4.5 ...
Rising euro threatens euro zone recovery
BRUSSELS, JAN. 21.The 12 Euro-zone finance ministers' meeting here has failed to agree on a consensus strategy to peg the dramatic rise of Euro against the U.S. dollar. The Euro, which has now emerged as the world's second biggest currency after ...
Further steep fall in Sensex
MUMBAI, JAN. 21. Stock prices tumbled today on selling pressure across the sectors and the Bombay Stock Exchange 30-share sensitive index closed the day with a massive loss of 164 points, or 2.77 per cent at 5758.19. The sensitive index moved ...
GAIL, ONGC to file draft prospectus
NEW DELHI, JAN. 21.Draft prospectus for the upcoming mega public offers in oil PSUs GAIL and ONGC are expected to be filed with the Securities and Exchange Board of India within a week even as a host of exemptions were sought by ...
Fitch upgrades India's rating
MUMBAI, JAN. 21. Fitch Ratings, the international rating agency, today upgraded India's long term foreign currency rating to `BB+' from `BB' and affirmed the long term local currency rating at `BB+'. The outlook on the ratings is stable. The ...
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