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Thursday, September 01, 2005
Panel wants ceiling on drug prices
Act to replace DPCO; exemption for bulk drugs
CTS to invest $60 m
To expand Mumbai facility, increase headcount to 400
Posco-India operations start
The company will build a 3 m tonne plant in the first phase
China Gas Holdings offer to GAIL
Agreement with EIL to pursue natural gas business overseas
Talbros fixes price band
To set up a forging plant, invest in a joint venture
FCCB norms tightened
NEW DELHI: The Union Government on Wednesday tightened the norms for Foreign Currency Convertible Bond (FCCB) and GDR issues and barred tainted companies from issuing or subscribing to such bonds abroad so as to align it with SEBI's guidelines on ...
Consumer price index up 9 points
SHIMLA: The Consumer Price Index for industrial workers (CPI-IW) (base 1982-100) increased by nine points in July to 538 due to rise in prices of rice, wheat, wheat atta, arhar dal, moong dal, groundnut oil, fish fresh, onion, vegetable and ...
Crisil rating for SMEs
MUMBAI: Crisil launched India's first small and medium enterprise (SME) rating service on Wednesday. It has announced `SME 1' ratings, indicating the highest credit quality among SMEs, for Educomp Solutions and Su-Kam Power ...
RIIL seeks nod for inter-corporate loans
NEW DELHI: Mukesh Ambani-owned Reliance Industrial Infrastructure Ltd (RIIL) has sought shareholders' approval to profitably deploy its internal accruals as inter-corporate loans to group companies like Reliance Industries and IPCL beyond the ...
National Thermal Power to change name
NEW DELHI: The National Thermal Power Corporation plans to change its name to NTPC Ltd. in line with its strategy to become a diversified global ...
New Director for Textile Institute
COIMBATORE: C. Anandan will assume office as the Director of Sardar Vallabhai Patel Institute of Textile Management (SVPITM) at Peelamedu in Coimbatore on September 1, 2005. Mr. Anandan was earlier working in the Management Science Department at ...
Seminar on CNC Machine tools by HMT
COIMBATORE: HMT Machine Tools Ltd., a wholly owned subsidiary of HMT LTd., a Central public sector undertaking, organised a seminar on CNC Turning and Machining Centres at Coimbatore recently. HMT Machine Tools, the leading machine tool ...
1:1 bonus from Sterling Tools
CHENNAI: The directors of Sterling Tools, manufacturers of fasteners, will capitalise Rs. 3.42 crore out of reserves and issue bonus shares in the ratio of one share for every equity share. The operating profit of the company in the first quarter ...
TVS-E sets up multi-lingual call centre
CHENNAI: TVS Electronics has launched a multi-lingual call centre in Tumkur near Bangalore to serve customers in IT and telecom verticals. With an investment of Rs. 2 crore, the centre provides support for PCs, peripherals, POS terminals, mobile ...
Servion extends operations to Malaysia
CHENNAI: : Servion Global Solutions has inaugurated its new office at Cyberjaya, Kuala Lumpur, Malaysia. According to a release, it has aggressive plans for the Asia Pacific region. It intends to reach out to the end-customer through its ...
Telesis wins Finacle award
CHENNAI: Telesis Global Solutions, a business consulting and technology solution provider to banks and financial institutions and also the implementation partner of Infosys for the past eight years, has won the Finacle Implementation Parnter of ...
Syndicate Bank's e-banking branch
KOCHI: The 254th e-banking branch of Syndicate Bank was inaugurated at Kaloor by the Mayor, C. M. Dinesh Mani, on Monday. N. Kantha Kumar, Chairman and Managing Director of the bank presided. He also inaugurated the 21st ATM of the bank, says a ...
Ashika expands facility
KOCHI: Ashika Sarees has expanded its manufacturing facilities at Mumbai, Surat, Kolkata, Banaras and Bangalore. It has a bunch of offers for the Onam season in Kerala, says a ...
Hi Tours opens branch
KOCHI: Hi-Tours, a destination marketing and conference management company with offices in Canada, New Delhi, Chennai, Bangalore and Mamallapuram, has opened its office in Kochi on Wednesday. The branch is headed by Raji Menon. Patrick Xavier, ...
Anzas Jewellery opens shop
KOCHI: The BIS hallmarked, Anzaz Jewels opened its shop at Hospital Road in Kochi by M. N. Sukumaran Nair, says a release.
NRI businessman's gesture
KOCHI: Sunny Varkey, Chairman of the Varkey group, and GEMS of UAE has contributed Rs. 45 lakh to build 101 family homes in Kerala at a function at Ranni in the presence of Sheikh Nahyan Bin Mubarak Al Nahyan, Minister of Education in UAE, ...
Popular Maruti mega carnival
KOCHI: Popular Vehicles in association with Maruti is organising a mega carnival at Jawaharlal Nehru stadium, Kaloor, from September 2 to 4. The event is in connection with the "My Next Car is a Maruti" promotion being run by the company, says a ...
Joy Alukkas shop n' joy
KOCHI: The draw of lots for the shop n' joy super prize scheme organised by Joy Alukkas group would be conducted on September 1, says a release.
KOCHI: Maruti Suzuki dealers in Kerala are presenting Onotsavam and the gifts include two free trips to Singapore for those who buy Maruti during the Onam season, says a ...
NCCL bags two new orders
HYDERABAD: Nagarjuna Construction Company Ltd. has secured two new orders aggregating Rs. 108 crore. The company bagged order from IRCON International Ltd. for construction of flyovers in Patna with an estimated value of Rs. 89 crore. NCCL also ...
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