Market will decide: Nath "The exchange rate of Rupee will be determined by the market only. The government on its own cannot calibrate rupee," Commerce Minister Kamal Nath said.
RCL, REL shares hit all-time high Reliance Capital and Reliance Energy on Monday surged 16 per cent and 14 per cent respectively in intra-day trade to their all-time highs with both counters witnessing strong trading volumes.
IT parks to yield Rs 100 cr revenue
Bhoruka Group plans to spread power footprint Having established itself as major producer, Karnataka-based Bhoruka Group is planning to add eight more sites for hydro power (it also produces small amount of power from wind mills), taking the total power generation to 200 MW by the end of 2009.
Microsoft retails online solutions Microsoft Corp will begin selling Internet-based versions of its Exchange e-mail programme and two other business applications.
MAPS FOR CAR NAVIGATION KITS
Nokia picks up Navteq for $8.1 billion in cash Nokia Oyj agreed to buy Navteq Corp, the biggest maker of maps used in car navigation equipment, for $8.1 billion in cash to add more data services. Nokia will pay $78 a share, the companies said in a statement.
Union Commerce and Industry Ministry Kamal Nath releasing the book on the 50 years of CAPEXIL with the CAPEXIL Chairman Samir
Kumar Ghosh (left) at an awards function, in New Delhi, on Monday. PTI
Is Sonia Gandhi trying to promote dynastic rule by appointing her son Rahul as general secretary of the Congress? Will Rahul be able to revive the fortunes of the party in the next Parliament elections? Deccan Herald had invited its readers to send in their opinions. Rahul has been hailed as a young and promising leader by several readers who have appreciated Sonia’s move. However, there are several others who have questioned the credibility of the Congress party in appointing Rahul, who they say is a novice.
