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Government may relax ECB norms
NEW DELHI, MARCH 9.The Union Government is contemplating relaxing ECB (external commercial borrowings) norms to enable Indian corporates access to higher foreign capital at low cost. Indicating this at an interactive session on `FEMA ...

Sensex touches new peak
MUMBAI, MARCH 9. Riding high on unabated foreign institutional investment inflows, the 30-share Bombay Stock Exchange sensitive index (Sensex) today once again hit a new all time peak of 6954.86 in early trade before ending 22 points down due to ...

Petrol, diesel prices review on cards
NEW DELHI, MARCH 9.Even as the world oil prices touched a high of $55 a barrel today, there are reasons to believe that the Government may soon review the domestic prices of products such as petrol and diesel that have been frozen since November ...

PC sales see strong growth in 2004: IDC
CHENNAI, MARCH 9. Preliminary market findings of the IDC on the Indian desktop and portable market indicate a growth of 32 per cent in 2004. This is the strongest growth seen since the year 2000 when the market grew by more than 60 per ...

Accenture to move more functions to India
BANGALORE, MARCH 9.With over 10,000 of its global workforce located in India, Accenture has focussed itself on making the offices here the "essential hub'' for its global delivery model in the realm of business process outsourcing (BPO) and IT ...

G-Hanz Sampo to enter Indian market
NEW DELHI, MARCH 9. Eyeing the growing electronics and home alliances market in India, particularly the niche segment, Taiwan's leading white goods company, Sampo Corporation, in collaboration with Germany's consumer electronics firm, G-Hanz FZE, ...

Israeli firm partners BPL Telecom
NEW DELHI, MARCH 9. Israel's Tadiran Telecom today entered into a strategic alliance with BPL Telecom to sell its enterprise products, including advanced digital PBX systems, in India and said it would set up a joint venture with the Indian ...

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