Saturday May 3, 2008

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 Home>>>Business 

 
Sensex gains 313 pts; autos, IT up  

Mumbai May 2:
The Sensex opened with a positive gap of 273 points at 17,560 on the back of strong US markets on Thursday and a rally in Asia. Autos, IT and selective banking stocks were the key movers.
 
Infosys forced to change name in France  

New York May 2:
Indian IT giant, Infosys, may be forced to call it something else in France, as a court there has found its use of this name infringing upon the trademark as well as business and corporate identities of another firm 'Infosys France'.
 
Reliance MF's assets miss trillion mark  

Mumbai May 2:
Country's largest fund house, Reliance Mutual Fund's average assets under management (AUM)grew by about Rs 5,500 crore in April, but remained short of the coveted Rs one trillion mark by less than Rs 4,000 crore.
 
Rubber prices likely to rise  

Kottayam May 2:
Rubber prices are likely to rise further due to shortage of commodity according to traders.
 
Nalco gets 'Navratna' status  

Bhubaneswar May 2:
National Aluminium Company Limited (NALCO), the flagship public sector undertaking (PSU) under the administrative control of the ministry of mines, has been conferred the 'Navratna' status.
 
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