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Thursday, September 15, 2005
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TRAI for automatic licensing for cable operators
Action plan for digitisation of cable television

Six final bidders for airport projects
Reliance, Essel group, GVK, GMR among the bidders

GDR/FCCB norms eased
NEW DELHI: Having tightened the guidelines for overseas listing on August 31, the Government on Wednesday provided some relief to those Indian companies that had filed for GDR (global depository receipts) and FCCB (foreign currency convertible ...

SkodaAuto India plans to expand capacity
Launches Octavia Combi in two versions

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Barometer


Briefly
Equity exposure of NBFCs, Coops
NEW DELHI: The Union Finance Ministry has asked regulators RBI and SEBI to look into equity exposure of non-bank finance companies and cooperative banks, following the bull phase in the capital market with the Sensex crossing the 8,200 mark. The ...

TRAI keeps price cut in abeyance
NEW DELHI: VSNL on Wednesday got a temporary relief after the telecom regulator, TRAI, decided to keep its earlier order of announcing up to 64 per cent reduction in international bandwidth prices in abeyance till October 3. ...

Sun Pharma buys facility in U.S.
MUMBAI: Sun Pharma said it had acquired a manufacturing facility in the U.S. from NYSE-listed Valeant Pharmaceuticals International, a deal that would help it accelerate filings for the U.S. generic market. ...

WTO chief's appeal to EU, U.S.
GENEVA: The new director general of the World Trade Organization, Pascal Lamy, appealed on Wednesday to the United States and Europe to make concessions to kick-start talks on freeing up global trade in agricultural ...

U.S. Pharmacopeia centre in India
NEW DELHI: The U.S. Pharmacopeia, a non-profit, non-governmental standards organisation, has formally established its first centre overseas with the incorporation of the United States Pharmacopeia India Pvt. Ltd. at ...

SIMA office-bearers elected
COIMBATORE: The following have been elected office-bearers of the Southern India Mills' Association for 2005-06: S. V. Arumugam, Managing Director of Bannari Amman Spinning Mills (Chairman), K. V. Srinivasan, Managing Director of Sree Narasimha ...

Indian Bank attaches assets of defaulters
COIMBATORE: The officials of the Indian Bank's Asset Recovery Management Branch, Coimbatore, have seized some properties in Salem district under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act ...

United Air Express' plans
TIRUCHI: United Air Express Couriers has proposed to invest Rs. 5 crore during 2005-06 in offices, brand building, information technology and logistics. The company has a turnover of Rs. 2.57 crore and plans to increase it to Rs. 20 crore during ...

Union Bank of India plans second public issue
CHENNAI: The board of directors of the Union Bank of India has approved a second public issue of 4.50 crore equity shares subject to statutory approvals. The bank has already filed the application with the Union Government for permission. The ...

Fortis Securities opens second branch in Chennai
CHENNAI: : Fortis Securities Ltd., a company promoted, controlled and managed by the promoters of Ranbaxy, has announced the opening of its second branch in Chennai (T. Nagar). It has a branch in Anna Nagar. The company, engaged in providing ...

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