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Thursday, October 27, 2005
Expert committee on fuel pricing policy set up
Revision in petro-products prices unlikely till March 2006
India, Russia to boost energy, IT cooperation
India to invest beyond $3 b in Sakhalin-I oil project
IDNs in Dravidian scripts
Maran dedicates HCL's infrastructure management facility
Tata Steel posts higher profit despite rising costs
Looking for finishing mills in SE Asia, China
HDFC Bank ties up with WL Ross
MUMBAI: HDFC Bank on Wednesday said it had tied up with the U.S.-based WL Ross and company LLC for investing in corporate restructuring. Corporate restructurings and turnarounds involve companies facing special or distressed situations, the ...
L&T completes sale of glass container unit
MUMBAI: As part of a drive to sharpen the focus on its core business in the high technology space, Larsen & Toubro has completed the sale of its glass containers business to the CK Somani Group company, ACE Glass Containers Ltd. ...
Nicholas-AstraZeneca sign agreement
MUMBAI: In order to develop processes for manufacturing bulk drugs, pharmaceutical companies Nicholas Piramal and the Sweden-based AstraZeneca have signed a development and knowhow agreement. Under this agreement, the companies would establish a ...
Glenmark acquires Argentine marketing co.
MUMBAI: Glenmark Pharmaceuticals on Wednesday said its wholly-owned Swiss subsidiary had acquired an Argentine marketing company Servycal for an undisclosed sum. ...
Chamber welcomes monetary policy
COIMBATORE: The Indian Chamber of Commerce and Industry, Coimbatore, has welcomed the Reserve Bank of India's credit policy, which has kept the cash reserve ratio unchanged at five per cent. In a release, the chamber President, A. Sakthivel, ...
Nokia launches new WCDMA base station
NEW DELHI: Nokia on Wednesday launched the Nokia Flexi WCDMA Base Station in anticipation of the Nokia Mobility Conference 2005. Based on a completely new platform, the high capacity Nokia Flexi WCDMA Base Station is an innovation enabling ...
ONGC net at Rs. 4,138 cr. in Q2
CHENNAI: ONGC has reported a higher net profit of Rs.4,138.25 crore for the quarter ended September 30, 2005 against Rs. 3,383.87 crore in the corresponding period in the previous year. Gross sales were higher at Rs. 12,728.37 crore against Rs. ...
SPEL Semiconductor stages further progress
CHENNAI: SPEL Semiconductor has increased its sales by 28.6 per cent to Rs. 11.12 crore in the second quarter ended September 30, 2005 from Rs. 8.65 crore in the year-ago period. The net profit, after giving effect to the deferred tax of Rs. 1 ...
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