Markets fall by 120 pts, Zee loses 12 pc
Continuing their erratic and volatile movement, stock markets plunged on Wednesday as foreign investors and local operators continued their selling spree.



Intel selects India for third Asia data centre
After Videsh Sanchar Nigam and Satyam Infoway, it is now Intel's turn to start data centres in India. The billion dollar corporation which entered the data centre business as recently as September last in the United States.



After Nasdaq, now NYSE seeks tie-up with other bourses
With the rival Nasdaq Stock Market grabbing a piece of the market-merger mania sweeping Europe, the New York Stock Exchange is talking to markets in Canada, Latin America and Europe about alliances of its own.



Other headlines
GM to keenly contest for takeover of Daewoo auto unit
World's computer laws lag behind Internet changes
Saudi starts slow pace oil investment race
Rupee plunges to new low against dollar
Industrial, financial sector strike today