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Friday, February 03, 2006
FMC tightens norms to check price volatility
The Commission will set up Investor Protection Fund Investor Protection Fund to be set up with proceeds from penalties
Guidelines on securitisation issued
Reserve Bank allows banks to finance special purpose vehicles
Wipro gets GM order
Contract valued at $300 m, to team up with EDS
Semiconductor industry set for big leap in next decade
Industry has the potential to generate 35 lakh jobs
AMP Sanmar to be renamed Reliance Life
NEW DELHI: Anil Ambani-controlled Reliance Capital has received regulatory approval to change the name of AMP Sanmar Life Insurance to Reliance Life Insurance.
AirTel refunds Rs. 26.72 lakh to users
NEW DELHI: Complying with an order of the Telecom Regulatory Authority of India, Sunil Mittal-owned Bharti Group has refunded Rs. 26.72 lakh to various subscribers from whom it had earlier charged an excess tariff of Rs. 25. ...
DPs to submit report on multiple accounts
MUMBAI: The National Securities Depository Ltd (NSDL) has asked the depository participants (DPs) to report about the individuals behind the 7,000 multiple demat accounts, found non-compliant with the client identification norms, by February 15. ...
LIC Housing hikes lending rates
MUMBAI: LIC Housing Finance Limited on Thursday increased its housing loan interest rates by 0.5 percentage point with immediate effect. With this hike, the minimum lending rate offered by the company would be 8.25 per ...
CHENNAI: Sify Ltd., announced on Thursday the launch of its re-designed consumer portal www.sify.com. The revamp includes easier navigation, contemporary layout and enhanced features. ...
Dr. Reddy's Lab pact with Argenta Discovery
CHENNAI: Dr. Reddy's Laboratories and Argenta Discovery Limited have announced that they have entered into an agreement for the joint development and commercialisation of a novel approach to the treatment of chronic obstructive pulmonary disease ...
Cipla to take bonus decision on Feb. 11
MUMBAI: Cipla has informed the Bombay Stock Exchange that a meeting of the directors will be held on February 11 to consider the issue of bonus shares and for further issue of securities in the domestic and/or international markets. The company ...
Sterlite to consider stock split and bonus
MUMBAI: Sterlite Industries has indicated that a meeting of the directors would be held on February 10 to consider issue of bonus shares and stock split, according to the Bombay Stock ...
KVB raises FCNR, NRE deposit rates
CHENNAI: Karur Vysya Bank has increased the interest rates on FCNR deposits across all slabs and for all currencies, effective February ranging from a minimum of 10 basis points to a maximum of 17 basis points. The rates for one-two years, ...
IFC, promoters to infuse Rs. 100 cr. in JK Paper
CHENNAI: JK Paper has unveiled a Rs. 100 crore fund raising programme. The company plans to allot equity shares worth Rs. 50 crore each to International Finance Corporation, Washington, and the promoter group at a price of Rs. 65 per share on a ...
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