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Wednesday, March 10, 2004
IRDA plans corporate governance code
NEW DELHI, MARCH 9.The Insurance Regulatory and Development Authority is planning to come up with a corporate governance code in line with that of the market regulator Securities and Exchange Board of India. "When the IRDA framed the ...
Market wide STP system soon
MUMBAI, MARCH 9.The Chairman of Securities and Exchange Board of India, G. N. Bajpai, today said the regulator would announce the date of implementation of market wide straight through processing (STP) system soon. The capital market regulator ...
Cairn Energy's second oil strike in Rajasthan
NEW DELHI, MARCH 9.The British oil company Cairn Energy Plc today announced a second major oil discovery in the same block in Rajasthan where it had earlier found one of the largest oilfields in the country. Along with the earlier discovery of ...
New Govt. to decide on PF interest rate
NEW DELHI, MARCH 9.A final decision on the rate at which interest will be paid to over 3.2 crore subscribers of the employees provident fund next fiscal will be made only after the installation of the new Government following conclusion of the ...
Ranbaxy global sales cross $1 b
NEW DELHI, MARCH 9.Ranbaxy Laboratories has crossed its one billion dollar global sales target last month. Ranbaxy expects to nudge the $2 billion sales by 2007, the first milestone of its Vision Garuda a planned strategy to help the ...
Motorola moving chip design units to China, India
SINGAPORE, MARCH 9.Motorola Inc, the world's second-largest cell phone maker, said on Tuesday it was shutting its semiconductor chip-design units in Singapore, Hong Kong and Taiwan, and moving them to India and China. A total of about 50 jobs ...
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