Online edition of India's National Newspaper
Wednesday, October 20, 2004
Manmohan raises vision of Asian business
NEW DELHI, OCT. 19. The Prime Minister, Manmohan Singh, today raised the vision of an Asian Economic Community encompassing ASEAN, China, Japan, Korea and India, describing it as an "arc of advantage" exceeding the European Union in income and ...
Citigroup buys ABN AMRO's select services
MUMBAI, OCT. 19.Citigroup today acquired ABN AMRO's direct custody, securities clearing and fund services businesses in select European and Asian markets, including India. Upon completion, these businesses will join the Global Transaction ...
SPIC's strategy to get back to health
CHENNAI, OCT. 19. The struggling Southern Petrochemical Industries Corporation (SPIC) is betting on a four-pronged approach to get back to health first and grow robustly thereafter. The focus of this strategy will revolve around improving ...
UTI Mutual, HDFC Bank tie-up
MUMBAI, OCT. 19. The UTI Mutual Fund has drawn up plans to garner Rs. 5,000 crores from eight metros over the next 12 months. While announcing a tie-up with HDFC Bank to sell UTI's mutual fund products, M. Damodaran, Chairman and Managing ...
Maruti tops J.D. Power survey
NEW DELHI, OCT. 19. Maruti Udyog ranks highest in customer satisfaction with automotive dealer service in India for the fifth year in a row, according to the J.D. Power Asia Pacific 2004 India Customer Satisfaction Index (CSI) Study SM released ...
Star launches Hindi channel
MUMBAI, OCT. 19. Star India has announced the launch of Star One, a new Hindi entertainment channel, targeted at the urban, upwardly mobile Hindi speaking audience. To be launched on November 1, Star One is positioned as a premium Hindi channel ...
Misys to double headcount
BANGALORE, OCT. 19. The U.K.-based software company Misys today announced that it would be expanding its operations in Bangalore and doubling headcount here from 500 by the end of 2005. "A lot of the addition of staff in India will be taking ...
Vizag Steel's new chief
VISAKHAPATNAM, OCT. 19. Y. Siva Sagar Rao, Director (Commercial) of Visakhaptnam Steel Plant (VSP), has been elevated as the Chairman and Managing Director of the public sector, Rashtriya Ispat Nigam Ltd., the holding company of VSP. He will take ...
Airtel's new packages
COIMBATORE: Airtel has announced new offer and services for its prepaid and postpaid customers for the festival season of Navratri. According to a release, to mark the celebration of the nine-day festival, Airtel has developed special packages on ...
Roots to open 100 EoU
COIMBATORE: A 100 per cent export oriented unit (EoU) of Roots Multiclean will be inaugurated here on October 20, according to a release. Roots Multiclean is part of the Roots group of companies and is the largest producer of mechanised cleaning ...
Sundaram Brake Linings Q2 profit up
CHENNAI: Sundaram Brake Linings has reported a turnover of Rs. 35.04 crores in the second quarter ended September 30, 2004 against Rs. 29.90 crores in the same quarter in the previous year. Domestic sales were higher at Rs. 18.63 crores against ...
SWIFT service bureau
CHENNAI: Scandent Solutions, the broadbased IT and BPO services company, is to commission SWIFT Service Bureau in the country. The bureau provides facilities management and data processing services to SWIFT (Society for Worldwide Interbank ...
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