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L&T Infotech to invest Rs. 170 crores
BANGALORE, AUG. 19.L & T Infotech, a wholly owned subsidiary of the engineering and construction firm, Larsen & Toubro (L&T), will invest Rs. 150 crores in the next five years to build a software development facility here besides Rs. 20 crores in ...
Infosys to expand Mysore centre
BANGALORE, AUG. 19.Mysore may soon get an influx of thousands of young talented people, three times a year, courtesy a different kind of university on its outskirts. If all goes well, some 12,000 fresh recruits of Infosys Technologies may ...
Tax issue in software taken up with Japan
NEW DELHI, AUG. 19.India and Japan today discussed the contentitious issue of withholding tax, which is imposed by the latter on subsidiaries of Indian software companies creating a non-level playing field. "It is mutual problem. They also ...
Centre announces draft rules on services exports
NEW DELHI, AUG. 19.In response to a demand from trade and industry, the Government today issued six-point draft rules regarding export of services to fulfil a legislative requirement proposed in the Finance Bill. At present, there are no ...
Other Stories
Rupee rallies
Sensex jumps 85 points
BSNL pact with SAIL
Nucleus Satellite's plans
Birlas seek Court nod for filing photocopy of Will
Britannia plans unit in Uttaranchal
Life Style's expansion plans
Barometer
Bullion rates
Exchange rates
Briefly
Shopper's Stop files prospectus
MUMBAI, AUG. 19.Shopper's Stop, a leading player in the large format department store chains and a part of the K. Raheja Corp group (CL Raheja group), has filed its draft red herring prospectus with the Securities and Exchange Board of India for ...
OECD India Investment meet
NEW DELHI, AUG. 19.The Organisation for Economic Cooperation and Development's Global Forum on International Investment and India Investment roundtable will be held here from October 19-22. The roundtable would focus on `Opportunities and policy ...
Welspun pipeline surveillance
NEW DELHI, AUG. 19.Eyeing the 8,000 km oil and gas pipeline network in the country, the German pipe-coating major, Eupec Group, today announced a tie-up with Welspun-Gujarat Stahl Rohren to launch online pipeline surveillance technique. ...
Amex to expand card business
NEW DELHI, AUG. 19. Riding high on the 40 per cent growth in its cards business, American Express is now eyeing the telecom sector, super markets and lifestyle stores for its co-branded cards. With a boom in the tourism sector, the company is ...
Parmalat sues ex-auditors
MILAN, AUG. 19.Parmalat sued its former auditors Deloitte & Touche and Grant Thornton on Wednesday in its second $10 billion lawsuit against financial partners that Parmalat says helped drive it into insolvency. Parmalat said it was seeking ...
Course in fashion technology
COIMBATORE: The Texcity Institute of Fashion Technology here will conduct one-year post-graduate diploma courses in fashion designing and fashion marketing from next month. A release from the institute said that visiting professors from the U.K. ...
Programme for home textile units
COIMBATORE: The Sardar Vallabhbhai Patel Institute of Textile Management here will conduct a programme at Karur on "export procedures and documentation" for the home textile units there. The two-day event, to be held on August 26 and 27, is for ...
Bajaj Allianz opens service centre
MADURAI: Bajaj Allianz Life Insurance Company Ltd. has opened a service centre for its policyholders here. The centre has been established opposite to the old Tiruvalluvar Transport Corporation bus stand. The policyholders and the public can ...
City Union Bank pact with UTI Bank
TIRUCHI: City Union Bank has entered into a correspondent banking arrangement with the UTI Bank for utilising the latter's branch network across the country for collection and payment of cheques. C. P. Rangarajan, Senior Vice-President, Southern ...
Moody's rating for IRFC
NEW DELHI: Moody's has assigned a Baa3 foreign currency issuer rating to Indian Railway Finance Corporation (IRFC). The rating reflects IRFC's successful niche franchise established through its role of arranging lease finances for the Ministry of ...
Other Stories
Airtel launches starter kit
HP to expand colour printing market
Fenner India completes restructuring
Quits Ranbaxy
Onward to host Novell Linux Day
Consigntech executes Middle East order
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