Online edition of India's National Newspaper
Thursday, June 02, 2005
Steel and aluminium majors reduce prices
Sequel to bearish trend in international market
Bechtel wins order to attach DPC shares
MUMBAI: The on-going battle over the Dabhol Power Company (DPC) and its closed 2,184 MW plant in Maharashtra entered a new phase on Wednesday with an affiliate of the multinational Bechtel Corporation announcing that it had the right to seize ...
Dumping probe against Chinese silk fabrics
Decline in Indian producers' profitability, market share cited
Matrix, Strides to merge
HYDERABAD: The board of directors of Matrix Laboratories (Matrix) and Strides Arcolab (Strides) at separate board meetings in Delhi and Hyderabad respectively on Wednesday, have in principle agreed to a plan of merger of the two companies. The ...
Triveni files draft prospectus
NEW DELHI: Triveni Engineering and Industries will again tap the capital market with a public issue of 50 million shares of face value of one rupee to part finance its expansion plans estimated to cost about Rs. 270 crore. The Rs. 1,000 crore ...
Biocon signs MoU with Karolinska Institute
MUMBAI: Biocon has signed a memorandum of understanding (MoU) with the Karolinska Institute in Sweden to collaborate in research and research education initiatives. ...
Xaar scouting for OEM partners in India
NEW DELHI: The U.K.-based global high-end inkjet printing technology product maker, Xaar Plc., is scouting for original equipment manufacturing partners in India in its bid to expand in the South Asian market. ``We view India as a very important ...
ICFAI National College to increase centres
COIMBATORE: As many as 12 more centres will be opened in the Tamil Nadu Region by the ICFAI National College by July. A release said that there were nine colleges in the region now and two of them offered both MBA and MCA courses. The additional ...
Precision group opens office at Vizag
CHENNAI: Precision group, an IT integration and infrastructure services provider, has opened its office at Visakhapatnam recently. The group has partnership with Hewlett-Packard, IBM, Cisco Systems, Nortel Networks, Microsoft, 3COM, Checkpoint, ...
IOB hikes interest rates on NRE deposits
CHENNAI: Indian Overseas Bank has hiked the interest on NRE term deposits for one year to less than two years by 10 basis points with effect from June 1. The new rates, valid for one month up to June 30, are 4.30 per cent for one year to less ...
Saksoft pays 10 p.c on higher capital
CHENNAI: Saksoft has increased its total revenue to Rs. 33.04 crore in the year ended March 31, 2005 from Rs. 21.47 crore. The profit after tax has increased to Rs. 6.02 crore from Rs. 1.82 crore in the previous year. The directors have ...
SPL to go public soon
CHENNAI: The Rs. 153 crore SPL Industries proposes to raise funds from the market to expand operations. SPL manufactures and exports knitted apparel to the U.S., Europe, Canada and Japan. Almost 95 per cent of the total production is exported. ...
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