| Sensex
below 15,000 ever since Aug '07
|
New
Delhi, Mar 17:
News of the bail-out of Bear Stearns and the US Fed's cut in
its discount rate has spelled doom for the Indian stocks as
it fell almost 5 per cent to below 15,000 on Monday.
|
| Anil
Ambani’s DTH to beam this month
|
Mumbai,
Mar 17:
Big TV Ltd, a fully owned subsidiary of Anil Ambani-led Reliance
Communications (RCOM), will launch direct-to-home (DTH) services
commercially by the end of this month.
|
| Electricity
on demand by 2012
|
New
Delhi, Mar 17:
Government on Monday said the country will have electricity
on demand by 2012 and it needs nuclear energy to meet future
demand.
|
| UCO
Bank slashes home loan rates
|
New
Delhi, Mar 17:
Responding to the plea of the Finance Minister P Chidambaram
to moderate home loan rates, public sector lender UCO Bank on
Monday reduced the rates by 0.25 per cent.
|
| Oil
trades at fresh record of $111.80
|
Singapore,
Mar 17:
Oil prices surged to a new high in Asian trade on Monday of
nearly $112 as the US currency slumped to a fresh low against
the euro, sparking a rush of funds into commodities, dealers
said.
|
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