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SEBI caps creeping acquisition limit
NEW DELHI, JAN. 25.The Securities and Exchange Board of India today said it would ensure that all listed companies have a minimum 25 per cent public holding within the next few years as was promised to Parliament. To ensure this, SEBI has ...
MUL raises M-800 prices, launches Euro versions
NEW DELHI, JAN. 25. Maruti Udyog today rolled out a Euro-III variant and a new Euro-II version of Maruti 800, sporting a higher price tag, setting at rest the speculation about the phasing out of the entry level car. The company has priced the ...
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FDI proposals
NEW DELHI, JAN. 25.The Government today approved 30 foreign direct investment proposals amounting to Rs. 305.29 crores, including the proposal of the Japanese firm Kansai Paints Co to acquire stake in the Mumbai-based GoodLass Nerolac Paints for ...
Centre buys IDFC equity
MUMBAI, JAN. 25.The Central Government today acquired the equity and subordinated debt of Infrastructure Development Finance Corporation (IDFC) owned by the Reserve Bank of India in the corporation. The RBI held equity and subordinated debt of ...
Domain name registration
NEW DELHI, JAN. 25.The recently launched ".in'' country code Internet domain name registry service set up by the National Internet Exchange of India (NIXI) has received over 4,000 applications from registered Indian trademark holders during the ...
MRF sales up in Q3
CHENNAI: MRF Ltd. reported a net profit of Rs.11.30 crores (Rs.16.62 crores) for the quarter ended December 2004. Sales (net of excise) stood at Rs.686.93 crores (Rs.628.30 crores). Other income was shown at Rs.2.23 crores (Rs.2.88 crores). ...
SBM employee union's tsunami relief
CHENNAI: The State Bank of Mysore Employees Union, affiliated to AIBEA, has provided relief materials worth Rs. 4 lakhs to the tsunami affected people. It distributed rice, dhal, vessel and mats to 500 families in Nagore and Nagapattinam areas. ...
Health Conclave 2005
CHENNAI: Pinnacle Health Care and CII-IHCF are jointly organising Health Conclave 2005 on February 4 at Mumbai. The Conclave will bring state-of-the-art hospital administrators, experts in medical tourism, medical equipment manufacturers, cutting ...
Matrix Partners commences operation
BANGALORE: Matrix Partners, a venture capital firm from the U.S, has commenced operations in Bangalore to augment its investment plans in technology companies here. To start with it will be looking at companies into manufacturing products, then ...
Syndicate Bank suffers losses
BANGALORE: Syndicate Bank has posted a net loss of Rs. 78.10 crores for the quarter ended December 31, 2004 as compared to a net profit of Rs. 89 crores for the quarter ended December 31, 2003. Total income has increased from Rs. 944.22 crores to ...
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