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Saturday, February 25, 2006
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Rail budget `forward looking'
Initiative on freight front will make Railways competitive Industry hails initiatives on freight front; volume-driven strategy welcomed

Freight corridor, a boon to steel, coal sectors
Wagon capacity to be raised

U.S. firm sets up innovation centre
To take up medical data conversion

Japan, India revise pact on double taxation
TOKYO: India and Japan signed an agreement on Friday to avoid double taxation, the first revision of their tax treaty since 1989, in a bid to boost slow-growing bilateral trade. Japanese Foreign Minister Taro Aso and Indian Ambassador to Japan ...

Other Stories



Barometer


Briefly
World's longest rail from Bhilai
BHILAI: The first consignment of 260-metre-long rail, the longest rail produced by any rail manufacturer in the world, was flagged off from the public sector Bhilai Steel Plant (BSP) on Friday. The rake carrying 650 tonnes of long rails was sent ...

DoT examining Tata-Birla plea
NEW DELHI: The Union Government on Friday said it was examining the issue of shareholding in Idea Cellular raised by the Aditya Birla Group and a rejoinder submitted by the Tatas. "We are examining the issue... Both have written to us and we are ...

Private FM operators to form association
NEW DELHI: Private FM Radio operators in India on Friday decided to form an FM Radio industry representative body.

IRDA cancels licence of broker
NEW DELHI: The Insurance Regulatory and Development Authority has cancelled the licence of Sage Insurance Brokers Pvt. Ltd., as one of its promoters Preeti N Aggarwala concealed facts about her involvement in the 1992 securities scam. ...

HSBC sells stake in UTI Bank
MUMBAI: The Hongkong and Shanghai Banking Corporation Ltd. on Friday said it had sold 7.19 per cent of its stake in UTI Bank Ltd. for a consideration of about $142 million. With this HSBC's stake in UTI Bank would come down to 4.99 per cent. ...

CPCL pays 30 p.c. interim to IOC
CHENNAI: Chennai Petroleum Corporation has paid Rs. 23.18 crore to Indian Oil Corporation being the interim dividend for 2005-06. According to a company release, a cheque for this amount was presented to Sarthak Behuria, Chairman, Indian Oil ...

Eicher forays into tipper segment
CHENNAI: Eicher Motors has signalled its foray into manufacture of tippers with the launch of Terra 16. It is equipped with flat torque engine and has a power of 147 hp. Claimed to offer high pick-up, Terra 16 is initially launched in Chennai, ...

Die Mould India fair from March 3
CHENNAI: The fifth Die Mould India International Exhibition will be held at the Chennai Trade Centre from March 3 to 6. The Tool and Gauge Manufacturers Association is organising this exhibition, which will showcase the complete range of dies, ...

Workshop on Grid Computing
CHENNAI: A two-day workshop on Grid Computing - Technology and Applications is being organised by the Computer Society of India Div VIII and Vellore Chapter at VIT, Vellore, on March 11 and 12. Grids provide access to distributed computing and ...

Posco India MD on Principal's board
NEW DELHI: Posco, a leading steel manufacturer in the world, has announced the appointment of Posco India Managing Director, Soung-Sik Cho as Standing Director in the Posco board. Mr. Cho, who joined Posco in 1974, has also been promoted as ...

ECIL pact with Radtec for Doppler radars
HYDERABAD: Electronics Corporation of India Limited (ECIL) has signed a memorandum of understanding for co-production of high performance Doppler radars with Radtec Engineering Inc. of the U.S. The radars would be used for prediction and weather ...




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