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Friday, February 10, 2006

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SEZs Act comes into force today
Investment, jobs expected to flow into the zones, says Kamal Nath

Coal India seeks nod for IPO
5 p.c. disinvestments to fetch Rs. 1,000 cr.

Kinetic ties up with Taiwanese firm
To introduce Sanyang Industry Co.'s advanced technology platform

IT, ITES revenues to touch $36 b
Domestic market expected to grow by 22 p.c. Domestic market expected to grow by 22 p.c.

SemIndia to locate $3 b fab facility in Hyderabad
Plans Assembly, Test, Mark, Packing unit close to the fab plant

Tata investment in Bangladesh hits roadblock
`Guaranteed supply of gas only at international prices' `Guaranteed supply of gas only at international prices'

Other Stories


FEDAI to display LIBOR rates
MUMBAI: In order to ensure uniformity and transparency in interest rates on NRI deposits, the Reserve Bank of India on Thursday said that the Foreign Exchange Dealers Association of India (FEDAI) would display the LIBOR/SWAP rates every month on ...

Tatas offer rental-free fixed wireless
NEW DELHI: Tata Teleservices on Thursday offered lifetime validity on its pre-paid fixed wireless phone "Walky'' along with a lower rate for local calls at 90 paise for three minutes. Terming it "Walky Life,'' the Tatas have launched the service ...

NCAER pegs GDP growth at 7.8 p.c.
NEW DELHI: Close on the heels of 8.1 per cent GDP growth projected by the Central Statistical Organisation for the current fiscal, the National Council for Applied Economic Research has pegged its final growth estimates "seemingly lower'' at 7.8 ...

Pfizer sues Teva, Sandoz
NEW YORK: Pfizer Inc. has filed a patent infringement suit against generic drug makers Teva Pharmaceutical Industries Ltd. and Sandoz Inc., concerning generic versions of the antibiotic Zithromax. ...

Century Textiles' new cement unit
Century Textiles and Industries is planning to set up a 1.5 million tonne cement grinding unit at Sagardighi in the Murshidabad district of West ...

IBM India revenue up 55 p.c.
BANGALORE: IBM India on Thursday said that it had achieved a revenue growth of 55 per cent ending 2005, consolidating its position as the leader in external storage, services and server market in the country. With the SMB market in India growing ...

Mastek signs agreement with Capital Life
CHENNAI: Mastek has signed a licence agreement with Capital Life & Pensions for its `Elixir' policy administration solution. Elixir combines a wide range of wrappers for life, pensions and investment products with a comprehensive set of business

Servion partners with Microsoft
NEW DELHI: Servion Global Solutions, a leader in customer interaction management (CIM) domain and Microsoft Corporation India, on Monday announced an offering of CIM with customer relationship management (CRM) solution for customers in India and ...

Honeywell Automation declares Rs. 8 per share
MUMBAI: Honeywell Automation India has declared a dividend of Rs. 8 per share, the company informed the Bombay Stock Exchange. The annual general meeting, scheduled for April 21, would seek the shareholders' approval for the same, it ...

Symphony to hire 2,000 employees
BANGALORE: Symphony Services, provider of collaborative, full lifecycle outsourcing solutions for software product development and analytic processes, on Wednesday announced that it would hire 2,000 employees in 2006 with 95 per cent being ...

Glenmark's research unit gets ANVISA nod
MUMBAI: Glenmark Pharmaceuticals has received approval from Brazilian Agencia Nacional de Vigilancia Sanitaria (ANVISA) for its clinical research unit for conducting studies on human volunteers. The company can conduct bioavailability and ...

Brodeur expands branded operations in India
CHENNAI: Brodeur, a leading strategic communications agency, has announced an expansion of Brodeur-branded operations in India. It has joined hands with the Indian PR operations of its sister Omnicom advertising agency TBWA, giving it access to ...

Jubilant seeks shareholder nod for stock split
MUMBAI: Jubilant Organosys has sought shareholders' approval for splitting the equity shares of the face value of Rs. 5 into five shares of Re. 1 each through a postal ballot, a company release said. The company has appointed Tanuj Vohra, ...

Williamson Magor venture with U.K. firm
MUMBAI: Williamson Magor & Company has entered into a memorandum of understanding with the U.K.-based global producer of biodiesel, D1 Oils plc., to form a joint venture company. The joint venture would develop, promote and facilitate jatropha .

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