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Tuesday, November 08, 2005
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Home

Increased FDI ceiling in telecom sector notified
Control of company management to be with Indian owners

Czech seeks to enlarge investment in India
The Czech Republic is keen to attract tourist traffic

TRAI paper on channel bundling
Sequel to response from MSO Alliance

Bosch to invest over Rs. 1,000 cr. in Mico
Bangalore, Nashik units to make common rail system

Other Stories



Barometer


Briefly
Chidambaram to meet PSB chiefs
NEW DELHI: Finance Minister P. Chidambaram is slated to meet bankers on November 18 to review the performance of public sector banks and discuss ways of augmenting their capital by Rs. 60,000 crore in the next five to six years. ...

SBI acquires 76 p.c. in Jakarta bank
MUMBAI: State Bank of India has acquired 76 per cent of the paid up capital of PT Bank IndoMonex, with its registered office in Jakarta. The bank has seven offices located in Jakarta, Bandung and Surabaya. ...

ITI facility in Rae Bareli
NEW DELHI: National Advisory Council Chairperson Sonia Gandhi will inaugurate the mobile equipment manufacturing facility of Indian Telephone Industries (ITI) on Wednesday at Rae Bareli in Uttar Pradesh. ITI is setting up a three million-line GSM ...

Tatra to source components from JV
NEW DELHI: Czech truck maker Terex Tatra will soon begin sourcing components from its six-year-old Indian joint venture, Tatra Trucks. The move is aimed at helping the parent company reduce manufacturing cost. ...

Hutch, Idea move
NEW DELHI: Hutch and Idea Cellular have stopped charging higher rates for calls made to the mobile networks of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) following a directive to this effect by the Telecom ...

Bombay Rayon to tap market
MUMBAI: Bombay Rayon Fashions Ltd. (BRFL) is entering the capital market with an initial public offering of 1.35 million equity shares of Rs. 10 each for cash through a book-building process. The price band for the issue is Rs. 60-70. The issue ...

Indian Bank raises NRE, FCNR rates
CHENNAI: Indian Bank has increased the interest rates on NRE and FCNR deposits. The increase in interest rate for NRE term deposits ranges between 25 and 30 basis points and that for FCNR deposits ranges between 24 and 31 basis points for ...

TMB hikes FCNR, NRE deposit rates
CHENNAI: TamilNad Mercantile Bank Ltd. has hiked the interest rates on NRE and FCNR (B) deposits with effect from November 1. It has increased the NRE deposit rate by 20 basis points to 5.20 per cent for one year to below two years category and ...

KVB follows suit
CHENNAI: Karur Vysya Bank has revised the FCNR deposit rates effective November 1. The rates on dollar deposits are 4.55 per cent (1-2 years); 4.64 per cent (2-3 years); 4.68 per cent (3-4 years); 4.72 per cent (4-5 years) and 4.73 per cent for ...

IOC ties up with Gulf Oil
CHENNAI: Indian Oil Corporation (IOC) has entered into an arrangement with Gulf Oil for selling Gulf car care products through IOC retail outlets. In Phase I, the products would be test-marketed in Mumbai, Delhi, Bangalore, Ahmedabad and ...

Aptech revamps board
NEW DELHI: Aptech has reconstituted its board of directors, which will be headed by Rakesh Jhunjhunwala as the Chairman and Promode Khera continues as CEO and Managing Director. Other members are: Utpal Sheth (CEO, Rare Enterprises), Asit ...

Rangan Devarajan joins Flextronics
CHENNAI: Flextronics has announced that Rangan Devarajan has joined as vice president of Indian operations of its communication terminal business.




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