Online edition of India's National Newspaper
Tuesday, August 10, 2004
Centre devising ways to check inflation
NEW DELHI, AUG. 9.With inflation touching the 7.5 per cent mark on July 24, the Prime Minister, Manmohan Singh, had two rounds of meetings today with the Finance Minister, P. Chidambaram, and senior officials of the Ministry to chalk out a ...
Scope for more agri-exports
KOLKATA, AUG. 9.India's exports of agricultural goods, estimated at $3 billion in 2003-04, could increase under the WTO regime once export subsidies by developed countries were eliminated. The Special Secretary in the Union Commerce Ministry, ...
'High oil prices will depress economy'
CHENNAI, AUG. 9.A likely moderation in global economic growth will take some pressures away from the escalating oil price, feels Alan Jacobs, Senior International Economist and Strategist of the Sydney-based AMP Capital. Mr Jacobs is in India ...
RBI curbs on South Indian Co-operative Bank
MUMBAI, AUG. 9.The Reserve Bank of India today stated that depositors of the Mumbai based troubled South Indian Co-operative Bank Ltd. would be allowed to withdraw only up to Rs. 1,000 of the total balance in every savings bank or current account ...
Fiscal deficit to exceed target
NEW DELHI, AUG. 9.The National Council of Applied Economic Research has warned fiscal deficit will overshoot the budget target to touch 4.7 per cent of GDP in 2004-05, while the education cess on all taxes will push up the prices. Erratic monsoon ...
Vijay TV in Star's fold
MUMBAI, AUG. 9.Star India Pvt. Ltd. becomes the sole owner of Vijay Television Pvt. Ltd., a Tamil language content company based in Chennai. Star India and UTV Software Communications today jointly announced the sale of UTV's remaining 44 per ...
Bank of Baroda enters Malaysia
NEW DELHI, AUG. 9.Bank of Baroda today announced its foray into the Southeast Asia with the opening of its office at Kuala Lumpur, Malaysia. BOB is the first Indian bank to set up office in Malaysia. As part of its overseas expansion plan, the ...
Essar Steel to issue shares
KOLKATA, AUG. 9.Essar Steel Limited today said it will issue 0.01 per cent preference shares worth Rs. 497 crores to group companies Essar Power and Essar Investment that will be converted into equity shares of Rs. 10 each at a ...
Airtel expands network
COIMBATORE: Airtel, cellular service provider has launched its services in seven more towns from today by commissioning cell sites in Gudiyattam, Pallikonda, Poigai near Ambur (in Vellore region), Tiruttani (Tiruvallur District), Omalur and ...
Delegation visits textile units
COIMBATORE: A 20-member delegation from the South Gujarat Chamber of Commerce and Industry is on a four-day visit to the textile units in Coimbatore and nearby places from Monday. They will visit the textile units in Erode and Salem also. The ...
Training in Medical Transcription
PONDICHERRY: The management of the Azimuth Software India Pvt. Ltd. offers training in medical transcription for the next batch of thirty candidates at the company's premises in Pondy Technopolis inside the campus of Pondicherry Engineering ...
New president of AAAI
CHENNAI: Srinivasan K. Swamy, Chief Executive Officer of R. K. Swamy BBDO Advertising Pvt. Ltd., has been elected as President of the Advertising Agencies Association of India (AAAI) for 2004-05. He takes over from Sam Balsara, CMD, Madison ...
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