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Wednesday, February 9, 2000



Silicon Valley Saga Series


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Sensex zooms 136 pts, closes at new high
Bulls continued their dream run taking the bellwether Bombay Stock Exchange Sensex and National Stock Exchange S&P CNP Nifty index to their all-time high levels on Tuesday.




Rs 1,000 crore IT backbone project okayed
The Cabinet has cleared a Rs 1,000 crore project for the upgradation of the countrywide fibre optic cable network from 10 Gbps to 100 Gbps, member TRA Commission, N Seshagiri, said at a seminar on Tuesday.




SmithKline buys Maltova, Viva brands for Rs 86 cr
British multinational, SmithKline Beecham Consumer Healthcare has acquired health drinks brands - Viva and Maltova from Jagatjit Industries Ltd for a consideration of Rs 86.25 crore.




Other headlines

Dubious `IT', dud NBFC stocks in Sebi's rolling list
Matiz to fuel Daewoo's sales growth in India
FIPB clears 74% FDI in plantation
ICRA downgrades Birla Global NCD
Govt licence for 8 pvt gateways
High-tech hunt to help emerging markets


 
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