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    TRAI suggests resale of global bandwidth
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    OIL-IOC SPV for overseas projects cleared
    Cabinet Committee allows ONGC Videsh to buy stake in Brazilian oilfield

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    Barometer


    Briefly
    HPL announces joint venture with German firm
    CHENNAI: HPL India, manufacturer of switchgears, protection devices and energy management systems, has announced the formation of a joint venture with the Moeller Group of Germany, a leading supplier of power distribution and automation ...

    Tata Steel launches Tata Structura
    CHENNAI: Tata Steel has launched a contemporary construction product `Tata Structura'. The product is available in various sizes and thickness facilitating strength and elegance in construction, according to Anand Sen, Vice President (flat ...

    Bajaj Auto Finance's preferential offer
    CHENNAI: Bajaj Auto Finance has decided to issue 10.03 lakh shares of Rs. 10 each at a price of Rs. 410 per share to Bajaj Auto on a preferential basis. It has also been decided to allot 30.07 lakh warrants to Bajaj Auto. These are convertible ...

    DuPont receives low carbon leader award
    CHENNAI: DuPont has topped the list of BusinessWeek-Climate group ranking of `The Top Green Companies' that recognised greenhouse gas reduction efforts of different companies. DuPont was also placed first in the `Top Companies of the Decade' ...

    UTI-GSF Software declares tax-free dividend
    CHENNAI: UTI-Growth Sector Fund Software (UTI-AGSF-Software) has declared a tax-free dividend of 15 per cent. The record date for the dividend has been fixed at December 27. The NAV as on December 8 under dividend option was Rs. ...

    Laser Soft to give more thrust on Panacea
    CHENNAI: Laser Soft Infosystems Ltd. has decided to position its core banking software, Panacea, as a product for mass banking. Addressing a press conference on Thursday, B. S. Kamath, Chairman and Managing Director, said Panacea-CBS could be ...

    IBM Daksh opens three new outsourcing centres
    CHENNAI: IBM Daksh has opened three new business transformation outsourcing delivery centres in Pune, Chandigarh and Kolkata with a capacity of 2,100 seats. The centres are part of IBM Daksh's delivery network of ten centres located in India and ...

    Action against PAN discrepancy
    KOLKATA: The Income Tax Department will initiate investigation of all the cases reported under the Annual Information Return (AIR), system where a mismatch has been found between PAN numbers and the names of persons, M. S. Darda, Chairman, ...

    Sanyo, BPL joint venture
    BANGALORE: Sanyo Electric, Japan, and BPL Limited on Friday announced their new joint venture company, Sanyo BPL Private Ltd. with both companies being equal equity partners. ...

    Cadila forms venture with BSVL
    MUMBAI: Pharma major Cadila Healthcare on Friday said that it had entered into a 50:50 joint venture with leading biotech company, Bharat Serums and Vaccines Ltd (BSVL), for manufacturing and marketing oncology ...

    Assurance on `C' Form
    NEW DELHI: State finance ministers on Friday assured Union Finance Minister P. Chidambaram that all necessary steps would be taken to ensure adequate availability of blank C Forms to facilitate free flow of inter-State ...

    New ombudsman scheme for banks
    NEW DELHI: A new ombudsman scheme to check consumer unfriendly practices in banks will be launched on January 1, 2006, Finance Minister P. Chidambaram announced in the Lok Sabha on Friday. ...




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