FII ‘big bulls’ behind ICE ‘rally’
If a couple of domestic operators ramped up ICE (infotech, communication and entertainment) shares in the beginning of 2000, this time it’s foreign institutional invetsors who are doing the job.
‘In India the infotech infrastructure does not exist at all’
Arjun Malhotra, co-founder of HCL and now chairman of TechSpan believes that the net not only reduces the cost of competition and lowers barriers to competition, but also masks brand awareness. In an interview with Arundhati Bakshi, he shares his views on how the net is changing the entire business landscape.
Inflation rate remains static at 8.16 pc
Annual inflation rate stood firmat 8.16 per cent in the week ended January six, despite rise in prices of manufactured products. The final inflation rate for the second week of Nov was 7.48 per cent which was lower than the provisional level of 7.55%.