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Tuesday, February 08, 2005

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IT now employs a million — Revenue per employee also on the rise
THE IT sector has crossed yet another milestone. The number of knowledge professionals employed in the software services and ITeS sectors has crossed the one-million mark and is expected to close the 2004-05 financial year with a headcount of ... More

GDP growth to touch 6.9 pc in 2004-05
THE country's economy is slated to grow by 6.9 per cent during the current fiscal, which comes on top of the 8.5 per cent increase registered in 2003-04. As per the `advance estimates' of national income, released by the Central Statistical ... More

SC notice to Govt, cell cos, banks on unsolicited calls
THE Supreme Court on Monday issued notices to the Government, cellular operators and multi-national banks on a public interest litigation (PIL) seeking a law to ban unsolicited calls, especially from telemarketing executives. A Bench ... More

Sweet rush: Sugar industry turns bullish
ONLY a couple of years ago, the worst thing for an industrialist to own was a sugar plant. With ex-factory sugar prices at Rs 10 to Rs 11 per kg and molasses selling at Rs 600 per tonne, the joke doing the rounds then was that for every sugar ... More

Stock market reflects sugar industry optimism
IF the industry is optimistic about prospects for the sugar industry, players in the stock market are no less so. They have been bidding up prices of sugar stocks both at the BSE and the NSE. Prices of sugar stocks have generally moved up ... More

Jet, Air Sahara may be allowed to fly to Singapore, Malaysia
Air India and Indian Airlines may also be allowedto operate more flights to these 2 countries. More

Flip-flop on edible oil policy — for whose benefit?
POLITICAL pressure, rather than supportive scientific evidence, seems to have won the day for palm oil importers. This is clear from the unseemly hurry shown by the Ministry of Finance in diluting the carotenoid condition. The move has ... More

Travel the world — through MFs
GET bewitched by the Sphinx. Enjoy an optional Dhow Cruise Dinner tour. Ride the high seas of the Asia-Pacific. Lines picked at random from exquisitely produced travel brochures, you'd think. Wrong! These are being dished out by an outfit as ... More

Sensex crashes as blue chips suffer
THE benchmark mark indices opened on a marginally positive note but subsequently went on to a continuous slide into the red. The Sensex registered its steepest fall since January 17. The fall was more evident towards the end of the day's ... More

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