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Saturday, September 03, 2005
LIC to put more money in stocks
Unit-linked whole-life insurance plan on anvil
Pension regulator issues draft norms
Licences to PFs on the basis of at least six criteria
Sensex climbs to new peak
Automobile stocks score gains on robust sales
Bharti to invest Rs. 1,500 cr.
Crosses 1 m subscriber base in fixed line and broadband services
Separate window on bourses for block deals
MUMBAI: In order to facilitate execution of large trades on stock exchanges, the Securities and Exchange Board of India on Friday permitted the bourses to provide a separate trading window for transacting `block deals' of minimum quantity of five ...
Tata Power pact with DVC for Maithon project
MUMBAI: Tata Power Company (TPC) has signed the shareholders' agreement and share purchase agreement with state-owned Damodar Valley Corporation (DVC) for executing a 1,000 MW right bank thermal power project being developed by Maithon Power Ltd. ...
Dr. Reddy's to sell Goa facility
MUMBAI: Dr. Reddy's Laboratories on Friday said it would dispose of its formulations manufacturing facility in Goa. The shareholders have approved the disposal of the Goa facility through a postal ballot, the pharma company informed the Bombay ...
Inflation slides further
NEW DELHI: The rate of inflation slid further to 3.08 per cent during the week ended August 20 from 3.13 per cent a week earlier, mainly owing to the fall in the prices of non-food articles and chemicals as also the fact that the Government did ...
Calsoft to raise additional capital
CHENNAI: The extraordinary general meeting (EGM) of California Software (Calsoft), held on Friday, approved plans to raise additional capital OF up to Rs. 40 crore, inclusive of share premium, through various options in one or more tranches, ...
CUB signs MoU with Integrated Enterprises
CHENNAI: City Union Bank, which is set to start its depository participant division soon, has signed an agreement with Integrated Enterprises (India) Ltd. for obtaining the latter's assistance in various functional areas, including technology ...
Tata MF ties up with IOB
CHENNAI: Tata Mutual Fund has signed a memorandum of agreement with Indian Overseas Bank for distributing its mutual fund products. Speaking to the media, T. S. Narayanasami, Chairman and Managing Director of the Bank, said, "This tie-up is in ...
Shiva Cement CDR scheme approved
CHENNAI: Shiva Cement, the Orissa-based profit making cement company, has received in-principle approval for its debt restructuring plan from its consortium leader, IFCI. Other lenders are ICICI, BoI, BoB have already issued their sanctions in ...
IBM Rational Software Developer Conference
BANGALORE: IBM is hosting the first IBM Rational Software Developer Conference (RSDC) in India, from September 7 to 9 in Bangalore. The event presents an opportunity for over 800 Indian software professionals/developers across the country to ...
Sundram Fasteners bags ACMA awards
CHENNAI: Sundram Fasteners has received two awards of Manufacturing Excellence for its Krishnapuram unit (T.N.) and Autolec division from Automotive Component Manufacturers Association (ACMA) for 2004-05. At a function held in New Delhi on ...
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