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Tuesday, January 10, 2006
Maruti again hikes prices
NEW DELHI: Maruti Udyog on Monday announced hike in prices of all its models ranging from Rs. 1,500 to Rs. 15,000, attributing it to increased input costs. The new prices have come into effect immediately. This is the second price hike in three ...
Federal Bank set to absorb Ganesh Bank
Draft scheme provides for full payment to depositors RBI draft plan offers full payment to depositors
Reliance extends OneIndia tariff
Fixed wireless scheme users to benefit
Oil industry seeks shift to market determined prices
Efforts to make cooking and lighting fuel affordable for the poor
Groundnut expeller oil futures launched
MUMBAI: The National Commodity and Derivatives Exchange Limited (NCDEX) on Monday launched futures contracts in groundnut expeller oil and Groundnut (in shell) futures contract. ...
Registration of Shailee Securities suspended
MUMBAI: The Securities and Exchange Board of India has suspended the certificate of registration of Shailee Securities, sub-broker to Pramod Jain Securities, for two months for alleged price manipulation in the shares of Morepen Hotels Ltd (MHL). ...
Pak co. signs MOUs with Reliance, BNC
ISLAMABAD: State-run Pakistan Telecommunications Company Limited (PTCL) has signed MOUs with two Indian telecom companies Reliance and BNC to provide cable link between the two countries through the Wagah border. ...
Temasek's stake in Dove Finance
SINGAPORE: Singapore's state-run investment agency, Temasek Holdings, said on Monday that it had bought a majority stake in Dove Finance Ltd. as part of a push into India's fast-growing consumer finance sector, a spokeswoman said, ...
Timesofmoney launches services for NRIs
HYDERABAD: Timesofmoney launched its NRI services, Remit2India, here on Monday, on the concluding day of the Pravasi Bharatiya Divas-2006. The services include money transfer and investment and advisory. Yogeshwar Sangwan, Deputy Secretary, ...
Areva to transfer unit to subsidiary
MUMBAI: Areva T&D India, engaged in electric power transmission and distribution, on Monday said it would transfer its motors and meters business to its subsidiary, Alstom Industrial Products Ltd (AIPL), for a total consideration of Rs. 41.30 ..
Maini Precision to ramp up operations
BANGALORE: Maini Precision Products, manufacturers of precision machined components and assemblies, has announced its plans to ramp up operations to meet the increased demand from the automotive, material handling and engineering industries ...
Principal PNB to focus on southern states
CHENNAI: Principal PNB Asset Management Company expects to double assets under its management to Rs. 14,000 crore by the end of this year. It is planning to launch three new schemes in the next quarter, according to Sanjay Sachdev, Managing ...
Birla Sun Life launches `Simply Life'
MUMBAI: Birla Sun Life Insurance on Monday announced the launch of `Simply Life', an equity-linked scheme designed for the mass market that claims to simplify the procedures. The minimum annual payment towards premium is Rs. 10,000 and the ...
ICICI Bank signs Shahrukh Khan
NEW DELHI: ICICI Bank has signed Bollywood star Shahrukh Khan as its global brand ambassador. The bank's Managing Director and CEO, K. V. Kamath, said: "We are proud to have Shahrukh Khan as our global brand ambassador. Having established our ...
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