IT Update
FM ignores rollback chorus, refers subsidy issue to panel Finance minister Yashwant Sinha on Thursday refused to roll back the increase in food and fertiliser prices, ignoring persistent pressure from coalition partners and Opposition parties. Investors breathe free as Sensex reverses trend with 219 points rise After days of uncertainty and extreme volatility, market players heaved a sigh of relief after the BSE Sensex bounced back by 219 points on Thursday. The trend of declining influence of Indian markets on the Nasdaq is also making the broking community happy. Iffco ties up with Tokio Marine for insurance foray Indian Farmers Fertilisers Cooperative (Iffco), the world's largest fertiliser cooperative, has tied up with Japanese major Tokio Marine and Fire Insurance to enter the non-life insurance segment. HDFC cuts home loan rates by 25 basis points Housing Development Finance Corporation (HDFC) on Thursday slashed interest rates on home loans by 25 basis points. Costly foreign liquor may hit spirits First, the good news. Mega liquor brands, like Johnie Walker Black Label, Remy Martin, Bailey's, Havana Club, and Cameno Real, are gearing up to make a debut in the domestic market. `LoveBug' virus hits computers across the globe A computer virus dubbed the `LoveBug' caused havoc with computer systems worldwide on Thursday, shutting down email servers at major companies and penetrating the Pentagon and Britain's parliament.
FM ignores rollback chorus, refers subsidy issue to panel
Investors breathe free as Sensex reverses trend with 219 points rise
Iffco ties up with Tokio Marine for insurance foray
HDFC cuts home loan rates by 25 basis points
Costly foreign liquor may hit spirits
`LoveBug' virus hits computers across the globe