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Thursday, February 24, 2005
M&M, Renault join hands for passenger car
MUMBAI, FEB. 23.Mahindra & Mahindra (M&M) and Renault announced today the formation of a joint venture company, Mahindra Renault Ltd., which will introduce the popular `C' segment passenger car, Logan, in India in 2007. M&M will have a 51 per ...
Air India takes delivery of Boeing 737-800
SEATTLE, FEB. 23.Air India today took delivery of the first of the three Boeing 737-800s for its subsidiary, AI Express, for operations to the Gulf. At a function at the Boeing airfield here, the AI Director (corporate affairs), Amod Sharma, ...
Maran expects telecom majors to invest $800 m
NEW DELHI, FEB. 23. The Union Communications Minister, Dayanidhi Maran, today said his parleys in Cannes (France) with some of the world's telecom equipment makers would result in investments worth $800 million in India during the next financial ...
Centre to set up panel to revive Dunlop
KOLKATA, FEB. 23. A Government-level committee would be set up to examine the issues relating to the revival of Dunlop India Ltd (DIL). The committee would comprise officers of the Central and State governments. Sources at the West Bengal ...
Bank of Punjab sells stake to five entities
NEW DELHI, FEB. 23. The Canada-based Bank of Nova Scotia along with other entities, including Switzerland-based ICB Financial Group Holdings and India's Bharti Enterprises have jointly picked up around 19 per cent stake in Bank of Punjab for ...
11 projects identified in Russian energy sector
MOSCOW, FEB. 23.India and Russia have identified 11 potential projects for Indian investment in the Russian energy sector, which could make India the biggest foreign player in what is the world's biggest oil and gas market. "The state-owned ...
Virtual storage is way to go: EMC chief
BANGALORE, FEB. 23.With corporate computer storage needs exploding and the budgets of information technology managers under constant pressure "virtualization'' is the new buzzword in the business, says the Chief Financial Officer ...
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