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01/03/2002 8:14PM

RBI liberalises capital account

Following the announcement made by the Finance Minister in his Budget Speech for 2002-2003, the Reserve Bank of India has issued the following notifications to liberalise the capital account for certain purposes. -- ...

01/03/2002 4:41PM

TVS Motorcycle sales increase by 87 % in february '02

TVS Motor Company Ltd. today announced that motorcycle sales continued to show a strong year on year performance with monthly sales rising by 87 % in Feb '02 as compared to Feb '01. TVS Victor, the state of the art ...

01/03/2002 2:33PM

Mitsubishi Electric and Toshiba announce integration of power transmission and distribution businesses

Mitsubishi Electric Corporation and Toshiba Corporation today announced that they will integrate their power transmission and distribution businesses in a joint venture company that will be incorporated in April this ...

01/03/2002 2:33PM

Singapore, Ghana entrepreneurs rally to fight recession

On March 7th & 8th the Institute of Advertising in Singapore will kick off an innovative, recession-fighting rally. The 2-day event, dubbed "Recession - A Time of Opportunity," is co-sponsored by the Economist, ...

01/03/2002 12:31PM

RBI Governor's comments on Budget

Responding to media queries this morning, the RBI Governor Dr. Bimal Jalan gave the following reaction to the Union Budget for 2002-2003 : "This is an extremely well crafted Budget. It is reformist and forward ...

01/03/2002 12:30PM

Comments on the Union Budget 2002 by Pranav Roach, President, Hughes Network Systems India.

The FM has announced that, except for specified sectors, the FDI and FII investments will be delinked. Telecom is already a specified sector where maximum foreign investment (both FDI and FII combined) cannot exceed 49% ...

01/03/2002 11:29AM

Investment Technology Group, Inc. to acquire Hoenig Group Inc.

Investment Technology Group, Inc. ("ITG") (NYSE: ITG) and Hoenig Group Inc. ("Hoenig") (Nasdaq: HOEN) Thursday announced that they have signed an agreement under which ITG will acquire Hoenig for approximately $115 ...

01/03/2002 11:17AM

Infonet enhances security portfolio with virus scanning capabilities

Infonet Services Corporation (NYSE:IN) (FSE:IN), a leading provider of global communications services for multinational corporations, Thursday announced the availability of a comprehensive anti-virus solution for its ...


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