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Wednesday, October 13, 2004
Infosys on hiring spree, net at Rs. 448 crores
BANGALORE, OCT. 12.They are not indicative of how the rest of the Indian IT services industry is doing, but Infosys Technologies' results for the three months to September, announced on Tuesday, certainly show, where quality offshore work was on ...
Kinetic rolls out most expensive bike
NEW DELHI, OCT. 12. Carrying a price tag of Rs. 1.76 lakhs, Comet 250, India's most expensive motorcycle was rolled out today by Kinetic Engineering with an eye on the upwardly mobile youth as the prospective buyers. The limited edition ...
India third most attractive FDI destination: Kearney
NEW DELHI, OCT. 12. India and China are aggressively challenging the U.S. as the world's most favoured destination for foreign direct investment, says a study. The latest study on the Foreign Direct Investment Confidence Index by the global ...
SEBI widens database
CHENNAI, OCT. 12.The Securities and Exchange Board of India has specified certain categories of intermediaries, their related persons and investors being bodies corporate, who are required to obtain a Unique Identification Number (UIN) under the ...
Centre's borrowing plan
NEW DELHI, OCT. 12. Unfazed by the upward pressure on interest rates due to high inflation, the Government will go ahead with its market borrowing programme as scheduled for the next few months. "We will stick to the borrowing schedule. There ...
Patni to acquire U.S. firm
MUMBAI, OCT. 12.Patni Computer Systems has announced that through its wholly owned subsidiary in the U.S., it has entered into an agreement to acquire Cymbal Corporation for a total consideration of about $68 million in cash to be paid over a ...
NEW DELHI, OCT. 12.The Union Finance Ministry today said it expectd up to Rs 4,000 crore mop-up from the initial public offering of National Thermal Power Corporation, which got an overwhelming response from investors and was over-subscribed by ...
IFFCO to buy stake
NEW DELHI, OCT. 12. The Indian Farmers Fertiliser Cooperative today said it would acquire 13 per cent equity in a collateral management company, jointly promoted with National Commodity and Derivative Exchange, some nationalised banks and ...
Exporters and importers association formed
COIMBATORE: A group of entrepreneurs involved in manufacturing, exporting and importing various products in the district have formed the Coimbatore District Exporters and Importers Association. Its main objective is to jointly take up steps to ...
Planters' Association office bearers
COIMBATORE: The following were elected office-bearers of the Planters' Association of Tamil Nadu for 2004-05 at the annual general meeting of the association held recently. Vijayann P. Rajes (MSP Plantations, Yercaud, Salem District) ...
Amara Raja batteries for Maruti
CHENNAI: Amara Raja Batteries Ltd (ARBL) has signed an OE agreement with Maruti Udyog to supply one lakh batteries in the next 12 months. According to Jayadev Galla, Managing Director, Amara Raja Batteries, it will initially supply, the Amaron ...
Mahindra in pact with Singapore firm
CHENNAI: The Singapore-based business space provider, Ascendas, and the Chennai-based Mahindra Industrial Park have signed a memorandum of understanding to develop one million sq. ft. of ready-built space at Mahindra City in Chennai catering to ...
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