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Saturday, January 08, 2005
India, Iran reach pact for LNG supply
NEW DELHI, JAN. 7. India has tied up with Iran for supply of 7.5 million tonnes annually of liquefied natural gas for 25 years as part of the bilateral cooperation between the two countries through several agreements inked today. The supplies are ...
Regional stock exchanges get new lease of life
MUMBAI, JAN. 7.The fall in the Sensitive Index in the last few days is just a market correction and the movement in the capital market was quite orderly after the giddy rise in the last few days, according to the Finance Minister, P. Chidambaram. ...
Inflation falls to 6.39 p.c.
NEW DELHI, JAN. 7.Continuing its downward trend, inflation fell to a six-month low of 6.39 per cent for the week ended December 25, mainly due to fall in prices of fuel, fruits and vegetables, edible oil and manufactured products. The ...
Sensex recovers 53 points
MUMBAI, JAN. 7. Led by Reliance Industries, the market today staged a smart recovery after a two-day massive slide, ending 53 points up in volatile activity on fairly heavy buying support. The BSE benchmark 30-share index opened higher at ...
Tata, Reliance Info asked to withdraw fixed wireless ads
NEW DELHI, JAN. 7. The Telecom Regulatory Authority of India has directed Tata Teleservices and Reliance Infocomm to withdraw the misleading advertisements for fixed wireless services as `Walky' and `Unlimited cordless' and stop making such ...
U.S. upholds tariffs on shrimp
NEW ORLEANS, JAN. 7.The U.S. International Trade Commission on Thursday cleared the way for tariffs to be imposed on shrimp imports from six Asian and South American countries, but expressed concern that tariffs on India and Thailand would burden ...
RBI deploys $27 b in securities
MUMBAI, JAN. 7.The Reserve Bank of India has deployed $27.6 billion in international securities in the first half ended September 30, 2004 against $35 billion in 2003-04. Out of the total foreign currency reserves of $114.1 billion, $27.6 ...
Dena Bank shares priced at Rs. 27
CHENNAI, JAN. 7. The proposed public issue of Dena Bank is priced at Rs. 27 per share of the face value of Rs. 10. The issue is scheduled for subscription on January 24 and will close on January 29, according to a release. Our Special ...
IOB raises Tier-II bonds
CHENNAI, JAN. 7. Indian Overseas Bank has successfully raised Rs. 150 crores through private placement of unsecured redeemable non-convertible subordinated bonds. The issue was fully subscribed before the scheduled closing date of January 17, ...
Deadline may be extended
KOLKATA, JAN. 7.The Insurance Regulatory and Development Authority Chairman, C. S. Rao, today said that de-tariffing of motor insurance was unlikely to take place from April 1 as was scheduled, even though the insurance watchdog was planning to ...
Workshop on energy conservation
COIMBATORE: The local branch of the Small Industries Service Institute here will conduct here a workshop on January 11 on energy conservation in foundries and re-rolling mills in association with the Petroleum Conservation Research Association ...
Speciality tea auction
COIMBATORE: The Nilgiri Planters' Association will conduct a speciality tea auction called "Nilgiri Tea Styles 2005" on March 12 at Coonoor. A release from the association said that this was exclusively for high-value speciality teas produced and ...
ICSI coaching classes
COIMBATORE: The Coimbatore chapter of the Institute of Company Secretaries of India will organise coaching classes for the foundation and intermediate level of the ACS course from January 10. The course will be held at the Mani Higher Secondary ...
TIRUPUR: GR Thanga Maligai is conducting an exhibition and sale of jewellery Thanga Thoranam at Hotel Velan in Tirupur, between January 7 and 10. The collection at Tirupur has a scintillating range of jewellery including ...
1:1 bonus from LCC Infotech
CHENNAI: The board of directors of LCC Infotech has approved in its meeting held on January 4 to issue bonus shares in the ratio of one share for every equity share held. The extraordinary general meeting of the company will be held on February ...
Bhushan's HR coil plant in Orissa
KOCHI: Bhushan Ltd, manufacturer of galvanised corrugated sheet, is to invest Rs. 500 crores in hot rolled steel coils plant at Orissa, said H. C Verma, a director of the company, while addressing a meeting here on Friday. The company is ...
CII relief materials to Colombo
KOCHI: Members of the CII pooled in contributions to assist the relief activities in the Tsunami hit areas in Sri Lanka. The coast guard ship, ICGS Samar, will carry relief materials such as kerosene stoves, kitchen utensils, school bags and ...
Japan provides subsidy for REVA car
NEW DELHI: REVA, India's first and only electric car has found a coveted place in the world famous Osaka Auto Show, Japan. The car has created a lot of excitement among car enthusiasts. The Japan Government in its bid to promote electric vehicles ...
Validity extension service from Airtel
NEW DELHI: Airtel on Friday announced the launch of the "Automatic validity extension service" for its pre-paid subscribers in Delhi. With this service pre-paid customers' validity will be automatically extended if they do not recharge before the ...
Idea Cellular launches Ideafresh GPRS
NEW DELHI: Idea Cellular has launched "Ideafresh GPRS" for its pre-paid customers of the Delhi telecom circle. There will be no monthly rental for accessing the portal and subscribers will have to pay only for the content they download on their ...
Schema to enter Indian market
NEW DELHI: Schema, a global provider of industry-leading network optimisation, simulation and related management solutions, has decided to enter the Indian market. Schema is a leading player in the network optimisation global arena with field ...
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