Tuesday, August 8, 2000



Silicon Valley Saga Series


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IT sector growth up 38 pc in 1999-2000
Although many analysts predicted a post Y2K slowdown in India's software and services business, the IT industry witnessed a 38% growth to touch Rs 33,052 crore in 1999-2000.




RBI plans Rs 6,000 cr pvt placement
Reserve Bank of India on Monday announced the private placement of the 11.43% 2015 for Rs 6,000 crore.




Rupee fall continues, more RBI steps likely
Indian rupee hit a fresh low on Monday as central bank moves to further tighten domestic money market liquidity failed to check the currency's slide.




Other headlines

SC questions Centre on courts' role in disinvestment
Biotech market in India to touch $ 2.5 bn by 2001
BIFR directs Maha Antibiobiotics to close down
SingTel to invest Rs 1,800 cr, buys stake in AirTel cos
J&N stock split puzzles analysts
Govt not in a hurry on oil sector divestment
Arbitrator finds compromise for warring Andersens


 
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