Business

Narayanan dropped this bombshell at the 43rd Conference on Security Policy in Munich last week.

The Government is likely to substantially raise budgetary support for the health sector from about Rs 12,000 crore provided in 2006-07 Budget.

The Sensex closed down 348.20 points at 14,190.7, and the Nifty ended down 129.10 points at 4,058.3.

PVR Cinema is planning to tie up with Austria-based drink maker Red Bull in order to woo working executives.

The industry expects P Chidambaram to implement measures to enlarge the auto market, said Mahindra Chief.

Heavy selling pressure was seen in scrips from cement, telecom, capital goods and others.

Ratan Tata maintained the group's proposed small car plant in West Bengal would begin production on schedule.

Tata Steel shares went down as brokers showed concern that the company might have overpaid for the Corus deal.

Vodafone was the 1st player to announce its intention about acquiring Hutch-Essar and started studying its books.

One in every five Indians will own a mobile phone by the end of the year.

Telecom Regulatory Authority of India on Wednesday announced a cut in national roaming charges by up to 56 pc.

The BSE-30 share Sensex flared up by 176.64 points to quote at an intra-day record high of 14,307.98.

Reliance Industries shares surged nearly two per cent on the back of rumours of a stock-split announcement.

Both the key indices - the Sensex and the Nifty - managed to conquer the 14,000 and 4,000 marks respectively.

The airliner is expected to touch down in the national capital Delhi as well as Mumbai as part of its flight plan.

The markets ended higher on the first working day of the year led by good buying interest by mutual funds and retail investors.