Sensex falls 178 pts intra-day; sell-off in ICE stocks
Bears made a late entry and put an end to a bull party in a highly volatile stock market on Thursday. A late selling spree in infotech, communication and entertainment counters by foreign institutional investors.
Ficci to `help' banks in NPA recovery
Federation of Indian Chambers of Commerce & Industry (FICCI) willing to extend all necessary help to banks and financial institutions in recovering their dues from wilful defaulters in the corporate sector.
WorldCom, Sprint call off $120 bn deal
Long-distance telephone powerhouses WorldCom Inc and Sprint Corp cancelled their $120 billion merger plan on Thursday following regulatory complaints.