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Friday, June 25, 2004

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Reforms must create more jobs, benefit all people: PM
SIGNALLING a distinct Centre-Left tilt in the economic priorities of his United Progressive Alliance (UPA) Government, the Prime Minister, Dr Manmohan Singh, on Thursday said reforms were "not just about freeing private enterprise from the ... More

Reliance to acquire German firm Trevira for Rs 440 crore
RELIANCE Industries Ltd on Thursday announced it would acquire German polyester producer, Trevira GmbH, for 80 million euros (roughly Rs 440 crore). The acquisition will make RIL the world's largest polyester fibre and yarn producer. Trevira, ... More

New gas find off Orissa coast
RELIANCE Industries today said it has struck gas off the Orissa coast in its NEC-OSN-97/2 block. Initial estimates indicate in-place reserves of four to five trillion cubic feet, Mr Mukesh Ambani, CMD, said today. He said the company would ... More

MSN hots up Hotmail storage
MSN has announced that it will provide 250-megabyte storage space to all its 170 million Hotmail customers, free of charge, starting "later this summer." While the storage space being offered is less than the 1,000 MB or 1 GB space to be ... More

Singapore Air bets on Ahmedabad flight
SINGAPORE Airlines (SIA) is going ahead with its plans to commence Singapore-Ahmedabad flights on July 28 even as the `in-principle' approval from the previous Civil Aviation Ministry is yet to get fully ratified by the present dispensation at ... More

Consumer body digs up dirt on detergents
LALITAJI's clever pitch `Surf ki kharidari me hi samajhdari hain' (buying Surf makes sense) may not wash. And, it could well apply to a host of other detergent brands. Tests done by a consumer organisation suggest that multinational brands ... More

UK health service allegations — Ranbaxy initiates legal consultations
RANBAXY Laboratories Ltd has initiated legal consultations after UK's NHS (National Health Service) alleged unlawful price fixing of Ranitidine, a generic drug used for treatment of ulcer. Sources in the company said that solicitors in the UK ... More

Jet, Sahara global bid may cause flutter among foreign airlines
THEY may have just spread out their wings to the international skies but the two young domestic airlines - Jet Airways and Air Sahara - are already giving a run for their money to some of the more experienced and established international ... More

RBI announces new NPA norms for crop loans
IN order to align the repayment dates with harvesting of crops, the RBI has decided that with effect from September 30, 2004 the recently announced revised NPA recognition norms will be applicable to all direct agricultural advances. As per the ... More

It is kid's day out on car selection
IT is not only the purchase of FMCG products and electronic gadgets which kids have an influence on. A recent study by market research agency Synovate has found that children have an overwhelming influence on the purchase of a car. "Kids are ... More

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