Online edition of India's National Newspaper
Wednesday, December 14, 2005
Online edition of India's National Newspaper Wednesday, December 14, 2005 |
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Business |
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News Update
News Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous • Cartoons Engagements
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Parliamentary panel approves two bills Nod for amendments in banking regulation Nod for amendments in banking regulation 
GM Bangalore lab develops new technologyBANGALORE: Reiterating General Motors' (GM) long-term commitment to India, the Vice President of GM, Research and Development and Strategic Planning, Lawrence D. Burns, on Tuesday said the India Science Lab (ISL) in Bangalore would be key to ... RBI gears up for smooth redemption of IMDs Exchange loss, if any, will be shared between SBI and RBI; Redemption will entail an outgo of $7.3 billion 
Honda to invest Rs. 700 cr. in Indian subsidiaryTo double production and launch new models 
State Bank eyeing overseas acquisitionsTo focus on corporate, retail banking To focus on corporate, retail banking Other Stories
Barometer Briefly FMC proposal to allow FIIs MUMBAI: The Forward Markets Commission (FMC) will recommend to the Government to allow banks, mutual funds and foreign institutional investors to participate in the commodities futures market, FMC Chairman S. Sundareshan said here on Tuesday. The ... OVL, CNPC make joint bid for Syrian assets NEW DELHI: ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corporation, and China's CNPC have made an equal bid for PetroCanada's 38 per cent interest in Syria, ONGC Chairman and Managing Director Subir Raha told reporters ... Bharti creates fresh bandwidth NEW DELHI: A new undersea cable system — SEA-ME-WE-4, developed by Bharti Televentures and a host of global telecom companies to provide a boost to the penetration of broadband as well as bring down the costs of IT and ITeS companies in ... HMIL's new MD CHENNAI: H. S. Lheem, who now heads Hyundai Motor's Turkey operations, will be the new Managing Director of Hyundai Motor India. He will replace S. S. Yang, who has been promoted as President and CEO of INI Steel Company of South ... Raw material expo in Coimbatore COIMBATORE: The National Small Industries' Corporation and the Coimbatore District Small Industries Association will organise here a raw material expo — INDRAW 2006 — from February 16 to 18. It will provide a platform to raw material ... Quadra Systems receives award COIMBATORE: Quadra Systems has received an award, Networking Infrastructure Partner of the year, at the Microsoft Worldwide Partner Conference held in Toronto. According to a release, the conference is Microsoft's annual event for industry ... City Union Bank fixes new rates for NRE deposits CHENNAI: : City Union Bank has fixed new rates for non-resident (external) rupee (NRE) and foreign currency non-resident (FCNR) deposits. In the case of NRE deposits, the interest rate for one year but less than two years is 5.70 per cent and for ... Amara Raja's foray into home electronics CHENNAI: Amara Raja group, manufacturers of valve regulated lead acid batteries, has announced its foray into home electronics. The company has launched advanced digital invertor, Xenon ADI. It comes with LCD alphanumeric display for a variety ... Database for independent directors CHENNAI: The Madras Chamber of Commerce and Industry has created a database of representatives from industry, tax professionals, advocates, software experts and consultants for consideration by listed companies looking for independent directors. ... Xerox launches laser printers NEW DELHI: Xerox has launched three laser printers in the `affordable' price range of Rs. 9,000 to Rs. 15,000 in a bid to target the small office and household segments where inkjets still hold ... HCL Tech solutions for Exa Corp NEW DELHI: HCL Technologies will provide off-shore based IT solutions and system integration services to Exa Corporation, a joint venture between IBM Japan and JFE Steel, Japan's second largest steel manufacturer. The business targeted through ... Bajaj Hindusthan net up 130 per cent MUMBAI: Bajaj Hindusthan has registered an increase of 130 per cent in net profit at Rs. 140.40 crore for the year ended September 30, 2005 against Rs. 61 crore in the previous year. Total Revenue has risen by 65.8 per cent to Rs. 900.1 crore ... Sierra Atlantic launches SCMnet HYDERABAD: A leading offshoring enterprise applications provider, Sierra Atlantic on Tuesday announced that it had achieved "Powered by SAP NetWeaver" certification for the latest version of its supply chain management network application, ... Software firm offers virtual class room KOCHI: Kochi-based Devki Infonet Systems, has developed Cybertuitions.com providing a virutal class room in the Internet. Students can send questions to teachers through `Text Chat' on real time basis, says a press release. Educated housewives, ... Other Stories
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