Financial Daily from THE HINDU group of publications
Sunday, February 05, 2006
Markets (Feb 03)
BSE Sensex9742.58(-101.29)
S&P CNX Nifty2940.60 (-26.85)
US Dollar (Buy/Sell)44.15/44.28


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Ericsson to invest more to ramp up presence — Aims to corner 40% share of new lines
SWEDISH telecom major Ericsson is going aggressive on its India strategy and will invest $100 million each year for the next few years in ramping up its presence in the country. The company is aiming to corner 40 per cent of the new cellular ... More

SOFTWARE


Wipro: Hold
SHAREHOLDERS can retain their exposures in the Wipro stock. At the current price levels, it is richly valued and fresh exposures can be considered on weakness linked to the broad markets. The stock has run-up by about 12 per cent since the start ... More

GM deal size $27 m, says Wipro

  • Wipro clarified that the size of the GM contract was not $300 million as reported in sections of the media earlier. Bangalore, Feb. 4 WIPRO Ltd said on Saturday it had won a five-year ... More



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