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Wednesday, May 19, 2004
Markets bounce back, Sensex recovers 372 points
MUMBAI, MAY 18. Stock markets regained today with its second biggest single day gain of 372 points compared to a loss of 565 points on Monday as investors found that some battered stocks were at attractive levels. Hopes that the economic ...
RBI projects 6.5-7 p.c. growth rate
MUMBAI, MAY 18. Announcing the credit policy 2004-5, Reserve Bank Governor, Y. V. Reddy, said today that interest rates would continue at the current levels without change. There is no change in bank rate or cash reserve ratio either. ...
Market crash: economist's viewpoint
THIRUVANANTHAPURAM, MAY 18.Leading economist, K. N. Raj, has said that the stock market crash following the BJP-led NDA's exit from power does not in any way mean that the Indian economy has suddenly gone into a tailspin. "The profit rates of ...
SEBI to host IOSCO's meet
MUMBAI, MAY 18. The Securities and Exchange Board of India would host the annual conference of International Organisation of Securities Commissions (IOSCO) in the country in 2007. This was decided today at the IOSCO conference held at Amman, ...
TCS joins Symbian Program
NEW DELHI, MAY 18. Tata Consultancy Services today announced it has joined Symbian Platinum Program to support the growing market for smart phones based on Symbian operating system.
Infosys unveils new solution
MUMBAI, MAY 18. Infosys today unveiled its Item Data Integrity (IDI) to enable retail companies and their partners to reduce time-to-market associated with the introduction of new products and promotions. The new solution would help lower item ...
HP's all-in-one system
NEW DELHI, MAY 18. Hewlett-Packard India (HP) today announced the launch of an all-in-one office automation system, HP OJ 4255, which encompasses five-in-one functionality of a printer, fax, scanner, copier and phone. The machine has been ...
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