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 Business

Wipro Joins Rs. 50,000 Cr Club   December 6, 2004

Wipro Technologies has become the latest entrant in the Rs 50,000 crore-market capitalisation list with the Sensex rallying smartly in the last few days.

New Sony computer chip   December 3, 2004

A long-awaited microprocessor developed by IBM Corp., Sony Corp and Toshiba Corp. will go into early production next year and start appearing in video game consoles, high-definition TVs and home servers in 2006, the companies said Monday.

LG unveils cell phone with crystal clear TV   December 3, 2004

Last week, LG Electronics showcased one of the most advanced consumer technology packages on earth - the world's first cell phone capable of receiving terrestrial multimedia broadcasting.

Nokia to set up $150mn plant in India   December 2, 2004

In one of the first major investments by a global telecom company in handset manufacturing in the country, Nokia on Wednesday announced that it will invest up to $150 million over the next four years to set up a mobile device manufacturing facility h

RIC to hire 2,500 in West Bengal   December 2, 2004

Reliance Industries Ltd chairman and managing director Mukesh Amhani, who was in the city for the inauguration of Infocom 2004, organised by Nasscom and Business World, on Wednesday, maintained a distance from media persons. By doing so, he kept the

BOC to set up 2 gas units   November 27, 2004

Industrial gas major BOC India has lined up an investment of about Rs 250 crores for two new gas plants in South India. The company has tied up with Jindal Vijaynagar Steel for long-term gas supply to the company.

Nalco receives highest exporter award   November 27, 2004

National Aluminium Company Limited or Nalco, India’s leading manufacturer-exporter, has received the highest export award of CAPEXIL for the year 2003-2004.

Sensex closes above 6000 points   November 18, 2004

The Sensex rushed past the 6000 mark when the market opened on Wednesday morning and notched up almost over 40 points but then retraced some of this upward momentum to close 19.88 points up at 6016.58. The Nifty closed at 1888.65 up 9.65 points.

RIC to scrap Rs 60cr investment   November 1, 2004

Negotiation skills coupled with the WTO bindings have forced Reliance Infocomm to drop the idea of having a CDMA handset manufacturing facility in Bhuj in Gujarat. The company is planning to waive off nearly Rs 60 crores of the investment incurred in

‘Project execution worsens in state’   October 25, 2004

The share of Maharashtra and Gujarat in the total investments in projects has fallen by 10 per cent and 8.2 per cent in September 2004. Maharashtra’s project implementation ratio “worsened considerably” from 50.2 per cent in September 2003 to 44.3 pe

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