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Thursday, July 15, 2004
SBI divests stake in mutual fund arm to Societe Generale
MUMBAI, JULY 14. State Bank of India has divested 37 per cent stake in SBI Fund Management Pvt. Ltd., its mutual fund business, to France-based Societe Generale Asset Management (SGAM) for over $35 million. "The partnership should lead to the ...
Biocon net zooms
BANGALORE, JULY 14.Biocon Limited, manufacturer of industrial enzymes and bulk drugs, has reported a strong growth in the first quarter ended June 30, 2004. Total income for the quarter rose by 65 per cent year on year to Rs. 177.90 crores and ...
Wipro launches technology concept store
BANGALORE, JULY 14.Wipro Technologies, the IT services division of Wipro, has launched a radio frequency identification enabled store at its Electronic City campus, a company release says The concept store demonstrates how item level RFID tagging ...
Lodha gears to take on Birla family challenge
KOLKATA, JULY 14. R. S. Lodha, the co-chairman of M. P. Birla group, today filed a caveat in all courts within the jurisdiction of Kolkata in anticipation of a legal challenge which the Birla family is expected to throw on the issue of the will ...
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