Infosys witnesses record volumes
The software bellweather Infosys Technologies was once again the most sought after stock on the bourses after a leading foreign brokerage house upgraded its recommendation on this counter. The combined volumes at both the leading bourses crossed the all-time record of more than 30 lakh shares and prices soa-red by close to 7 per cent at the both exchanges.Mathew Cadbury new MD of Cadbury India
Mathew Cadbury, currently the development director at Cadbury Schweppes Group, will take over as the new managing director of Cadbury India Ltd with effect from February 5.
Boundary dispute with China to be resolved
India and China have agreed to resolve the boundary dispute and to this effect, a complete the process of clarification of the Line of Actual Control will start soon. According to a spokesperson of ministry of external affairs, this was decided at a meeting between visiting Chinese leader Li Peng and Prime Minister AB Vajpayee in New Delhi on Monday.
SmithKline Beecham board revamp
SmithKline Beecham Pharmaceuticals India Ltd is to reconstitute its board by considering appointment of V Thyagarajan as the new managing director. A board meeting on this account would be held on January 22, the company informed the BSE on Monday. Mr Thyagarajan would replace Mr John Squires.
Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
