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Wednesday, January 25, 2006
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RBI signals tightening interest rate regime
Raises reverse repo rate by 25 basis points to 5.5 per cent

U.S. situation to be watched: FM
`Repo rates may be reversed if external conditions improve'

BoBL steps to observe KYC norms
CHENNAI: Bharat Overseas Bank Ltd. (BoBL) has said that it has conducted full internal investigation into initial public offer financing at three of its branches where a few broker-related individuals and a group concern of a leading depository ...

Sensex ends 85 points higher
MUMBAI: The Bombay Stock Exchange Sensex recovered smartly after the overnight slide and today ended 85 points up at 9,549.92 on fairly heavy buying support prompted by a strong turnaround in global markets even as the apex bank revised upwards ...

Other Stories



Barometer


Briefly
Singapore Airlines' promotional offer
NEW DELHI: Singapore Tourism Board and Singapore Airlines on Tuesday launched their joint promotion `Uniquely Singapore Funbreaks', offering travel from February 1 to April 15, from Ahmedabad, Amritsar, Bangalore, Delhi, Chennai, Hyderabad, ...

Thinksoft Global widens presence
CHENNAI: Thinksoft Global Services has signed a contract in excess of Singapore $1 million with the private banking division of a major Singapore-based bank for its independent software testing services. The Executive Director, Vanaja Arvind, ...

New President, Vice President for ICSI
CHENNAI: H. M. Choraria has been elected President and Preeti Malhotra as the first woman Vice President of the Institute of Company Secretaries of India (ICSI) with effect from January 19. Mr. Choraria is the proprietor of H. M. Choraria & ...

Award for SBI Chairman
CHENNAI: The Bombay Management Association (BMA) President, Anant Singhania, has announced A. K. Purwar, Chairman, State Bank of India, as the Finance Man of the year-2005 at the 12th annual Financial Services Convention. M. Damodaran, Chairman, ...

Corporate responsibility award for BSNL
NEW DELHI: Bharat Sanchar Nigam Ltd. (BSNL) has bagged an award for corporate social responsibility instituted by the Institution of Directors. BSNL's Director (Finance) S. D. Saxena received the award from Delhi Chief Minister, Shiela ...

WorldSpace appoints MD
BANGALORE: WorldSpace, satellite radio service provider, on Tuesday appointed Shishir Lall as Managing Director of its operations in India. Mr. Lall will spearhead the growth strategy that WorldSpace has drawn up for 2006. He replaces Deepak ...

Talisma's latest version of CRM solution
BANGALORE: Talisma, provider of customer relationship management (CRM) solutions, on Tuesday announced the availability of Talisma CRM 7.0, the latest version of multi-channel CRM solution. The solution delivers CRM functionality across sales ...

Nagarjuna Construction gets SBI order
HYDERABAD: Nagarjuna Construction Company has secured a new order of Rs. 54.34 crore from State Bank of India for the construction of 186 officers' flats and 12 guesthouses at Nerul Residential Complex, Navi ...

Brightstar to distribute wireless products in India
CHENNAI: Brightstar Corporation, a $2 billion company and a leader in value-added supply chain management and mobile solutions for the wireless industry globally, has launched its India operations. Brightstar Telecom India Pvt. Ltd., a 100 per ...

MFs allowed to invest in gold
MUMBAI: The Securities and Exchange Board of India has amended its regulations to allow mutual funds to invest in gold and gold related instruments. According to the amended regulations called Securities and Exchange Board of India (Mutual ...

Bonds crash across the board
MUMBAI: Government bonds on Tuesday virtually crashed across the board on hectic selling after the Reserve Bank of India hiked the reverse repo and repo rates by a quarter percentage point to contain inflationary pressures amid a temporary ...

PFC to enter capital market
NEW DELHI: The Power Finance Corporation (PFC) plans to enter the capital market during April-June with an initial public offering (IPO) of 10 per cent fresh equity shares along with disinvestment of five per cent of the Government's equity to ...

Four private airlines form alliance
MUMBAI: Four private Indian carriers on Tuesday announced the formation of an alliance to lobby for equal share of airport infrastructure. The alliance — Indian Airline Operators Association (IAOA) — includes Kingfisher Airlines, Air ...




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