Sensex sheds 95 pts on bull unloading
Share prices crashed further on the Bombay Stock Exchange (BSE) on Wednesday on sustained bull unloading with the Sensex nosediving by another 95 points and dropping below the 4,800 mark.

AML to hive off businesses
Ahmedabad-based Arvind Mills on Wednesday announced its decision to spin off garments and telecom businesses into two subsidiary companies, with plans to invite equity participation upto 49 per cent in each.

MTNL likely to launch limited mobile service by next week
Customers in Delhi and Mumbai may get a bonanza next week with the Mahanagar Telephone Nigam Limited (MTNL) likely to launch its wirelesss-in-local-loop (WLL) mobile phone service.

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