Online edition of India's National Newspaper
Thursday, March 02, 2006
Tata panel moots labour reforms
Effective Centre-State investment policies favoured
Pushing farm growth to 4 p.c.
Urban English speaking middle-class is not all India, says Finance Minister
Latest version of Windows XP Starter edition launched
Users can switch between English and Tamil
Call centre, transcription, ERP services become costlier
Service tax coverage comes into force
Sensex crosses 10,500-mark
Cement and steel shares rally
Insurance sector reform Bill
NEW DELHI: Finance Minister P. Chidambaram on Wednesday informed the captains of industry that a holistic Bill to reform the insurance sector would be tabled in Parliament by the end of the budget session. ...
Maruti cuts Baleno prices
NEW DELHI: After slashing prices of its small cars following reduction of the excise duty by the Finance Minister, Maruti Udyog Limited on Wednesday announced a cut in the price of its premium sedan Baleno by Rs. 8,000 with immediate effect. The ...
Air India commences fuel hedging
MUMBAI: Air India has become the first airline in India to hedge its jet fuel price risk. The airline last week used derivatives contract on international commodity markets for the first time. ...
Edible oil base import price up
NEW DELHI: The Central Government on Wednesday raised the base import price or the tariff value for soyabean oil to $524 a tonne from $501 while crude palm oil has been increased by $11 to $437 a tonne. ...
GNFC, NCPL to merge
MUMBAI: The boards of Gujarat Narmada Valley Fertilizers (GNFC) and Narmada Chematur Petrochemicals Ltd. (NCPL) have approved their merger proposal and as a result NCPL will be merged with GNFC. The exchange ratio approved by the board is one ...
Satyam to set up operations in China
HYDERABAD: As part of its plan to set up a large development centre in China, Satyam Computer Services will establish its operations in Guangzhou. "Satyam has plans to increase its presence in China. The operations centre, though commissioned in ...
Pidilite arm acquires stake in Bamco
MUMBAI: Pidilite Industries' Singapore-based subsidiary, Pidilite International Pte Ltd, has acquired a 75 stake in Thailand-based Bamco Ltd, a manufacturer of waterproofing products and protective coatings, Pidilite informed the Bombay Stock ...
Matrix to raise $200 m
MUMBAI: Matrix Laboratories has decided to raise $200 million by way of Foreign Currency Convertible Bonds (FCCBs). The EGM held on Wednesday approved the proposal for raising the amount through the issue of FCCBs, GDRs or ADRs, the company ...
IID Forgings to acquire two overseas firms
MUMBAI: Alloy steel maker IID Forgings has decided to acquire Singapore-based Cyberlog Technologies International Pte Ltd, a developer of software for logistics, for Rs. 6.05 crore and the Hong Kong-based Park Investments Ltd, a supplier of ...
Hero Honda February sales up 12 p.c.
CHENNAI: Hero Honda has sold 2.51 lakh motorcycles in February as compared to 2.24 lakh motorcycles in the corresponding period in 2005. The cumulative sales for April 2005 - February 2006 also witnessed a notable jump of 3.39 lakh units to ...
Acordis sells stake in Century Enka
MUMBAI: Century Enka on Monday said Acordis Overseas Investment BV, an associate of Dutch company Acordis BV, has sold 4.49 per cent stake it held in the company. Acordis has sold nine lakh shares aggregating 4.49 per cent of the total paid up ...
Teledata acquires SBC Data Systems
CHENNAI: Teledata Informatics engaged in providing e-governance and ERP solutions to education, marine and utilities verticals, has acquired 60 per cent stake in SBC Data Systems, Ireland through its subsidiary. SBC Data Systems provides ...
Flor Gres enters Indian market
CHENNAI: Floor Gres, a leading manufacturer of fine porcelain stoneware in Italy, is entering India in a big way by launching a wide range of floor and wall tiles and speciality swimming pool tiles. Addressing presspersons here on Saturday, ...
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