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View Article  Indian Shares End Lower on Profit Booking.

BOMBAY, India — Indian shares ended lower as investors took profit in blue chips like Wipro Ltd. and Larsen & Toubro Ltd. on Wednesday, a day after the Bombay Stock Exchange's benchmark Sensex closed above 10,000 mark for the first time.

 
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View Article  Salary levels up by 11-15 p.c.

NEW DELHI: The economic boom has led to an increase in salaries of Indian employees who received an average salary increase of between 11.4 per cent and 15.4 per cent in 2005, on a par with last year's increase, said the tenth annual Salary Increase Survey of global human resources services firm Hewitt Associates.

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View Article  Maharashtra to be free of plastic bags.

MUMBAI: The ban on plastic bags will now be a reality in Maharashtra. The state Cabinet cleared the Maharashtra State Non-Biodegradable Garbage Control Ordinance that imposes severe restrictions on the use of plastic bags.

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View Article  India committed to Iran pipeline: minister.

NEW DELHI: Putting at rest speculation that New Delhi was having second thoughts on the gas pipeline with Iran, new Petroleum Minister Murli Deora said on Wednesday that India was committed to the tri-nation project and would make efforts to ensure that it fructifies.

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View Article  Sensex, Nifty recover from lows, keep in the red.

2:40 pm : Pharma major Ranbaxy held firm in positive territory on the back of reports that the company has submitted a bid of €500 mn (about Rs 2,800 crore) for Germany's fourth largest generic company Betapharm. Ranbaxy's bid outscores another bid of €450 mn from Dr Reddy's Lab for Betapharm.

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