Bizbits

Aptech joins hands with Rediff

MUMBAI: Computer education and training company Aptech Ltd has tied up with Rediff on The Net to increase the reach of its online training modules. The initiative will take Aptech closer to its goal of earning 35 per cent of its revenues from online education by 2002, managing director Ganesh Natrajan said on Wednesday. The modules on the net would be at a 40 per cent discount to its regular courseware. Its entry level trainingcourseware on computer fundamentals Rs 1,950 would be the first to be posted at the Rediff site. Vidya was designed to impart basic IT awareness under the National IT Force mandate. This would be followed by an e-commerce module likely to be priced at Rs 5,000.

Gold price crashes, silver too declines

MUMBAI: Gold prices crashed on the bullion market Wednesday due to heavy fall in the international prices. Silver also declined sharply on weak overseas advices. According to dealers, the yellow metal8217;s price fell steeply in the global market on reports that the UK treasury, the international monetary fund and Switzerland were expected to sell a huge of amount of gold.

Standard gold opened distinctly weak at Rs 4125 and fell further sharply to settle at Rs 4110, showing a big fall of Rs 40 over the previous close of Rs 4150. 22-carat gold was nominally quoted sharply lower at Rs 3800 from yesterday8217;s close of Rs 3840. Ten-tola gold bar .999 purity crashed by Rs 500 to end at Rs 48,200 from Rs48,700.

Ready silver .999 fineness also resumed weak at Rs 7655 and declined to close at Rs 7660, revealing a fall of Rs 40 over the last close of Rs 7700. Raw silver .916 fineness fell by Rs 50 to Rs 7510.