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Saturday, March 11, 2006

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Shipping pact with Brazil, S. Africa
Proposed agreement will boost trade volume

Pepper export under subsidy scheme to touch 8,000 tonnes
Spices Board receives 130 applications seeking subsidy

ONGC to step up drilling
Talks under way to buy assets worth $15 billion overseas

`MPs failed to take up State's cause unitedly'
`Management of public funds far from satisfactory'

Frenzied buying lifts Sensex by 192 points
MUMBAI: A frenzied buying by foreign and domestic funds drove the bulls in the capital market, whose key index on Friday shot up by 191.62 points to a new closing peak of 10,765.16 after touching an intra-day high of 10,782.34. The Bombay ...

New CGM for SBI
THIRUVANANTHAPURAM: Radha Unni has taken charge as Chief General Manager of the State Bank of India, Kerala Circle. Prior to it, she was holding the post of General Manager of the circle since September, 2003. Mrs.Unni, who joined the bank as a ...

India bi-wheeler auto show kicks off
NEW DELHI: About 150 two-wheeler auto component and accessory makers from across the country have gathered here to participate in the first India International Bi-Wheeler Auto Show, which opened on Friday. Four-day ...

IBS SmartCargo bags North American customers
THIRUVANANTHAPURAM: The IBS Software Services has secured two launch customers for its air cargo inventory management product, SmartCargo. CargoJet and Northern Air Cargo, both based out of North America, have chosen the IBS product from among ...

Move to widen service tax net criticised
CAs say that budget proposals contain complex provisions

Other Stories


IRDA cautions public
NEW DELHI: The Insurance Regulatory and Development Authority (IRDA) on Friday cautioned the general public not to purchase insurance policies from `Sunlink India Insurance Company Limited' or through any person claiming to represent the firm as ...

DTH operators to file interconnect deals
NEW DELHI: The Telecom Regulatory Authority of India (TRAI) has now asked the DTH operators to file with it the interconnect agreements entered into with the broadcaster concerned to facilitate better monitoring and provide for specific ...

Ranbaxy tie-up with Zeno tech
NEW DELHI: Ranbaxy Laboratories announced that it was entering into a strategic alliance with Zenotech Laboratories to market its oncology cytotoxic injectible products in key markets of Latin America including Brazil and Mexico, besides Russia ...

V-Guard launches fans
KOCHI: V-Guard Industries Pvt. Ltd. has launched its new range of electric fans in the market and they are now available at authorised V-Guard dealer points, said a press release here. The fans have been engineered with the high-angle technology ...

Man Industries bids for project in West Asia
CHENNAI: Man Industries (India), a leading manufacturing exporter of SAW pipes, has emerged as the lowest bidder for the Rs. 400 crore large pipeline project in West Asia in international competitive bidding. D. Datar, Vice-President (Corporate ...

Sifymax webcasts `India Today Conclave'
CHENNAI: (.com) , leading broadband website from Sify, announced on Friday the live webcast of the "India Today Conclave 2006" being held in New Delhi on March 10 and 11. This is the first time since its inception that ...

Reliance Life to open 44 new branches
MUMBAI: Reliance Life Insurance, an Anil Dhirubhai Ambani group company, has received regulatory approval to open 44 new branches in the country. "The opening of new branches is in line with our goal to be closer to our customers and come out ...

Polaris' retail arm to partner SAP India
MUMBAI: Polaris Software Lab on Thursday said its retail software providing subsidiary, Polaris Retail Infotech Ltd (PRIL), has entered into a strategic alliance with SAP India, a leading provider of business software solutions, to support ...

Ispat to raise $125 m
MUMBAI: Ispat Industries has decided to raise $125 million through the issue of Foreign Currency Convertible Bonds (FCCBs). At the meeting held on Wednesday, the board approved the proposal for raising the amount by way of FCCBs, subject to ...

Hitech to acquire 51 p.c. stake in ITIL
MUMBAI: Hitech Entertainment has signed an MoU with Iridium Technologies (India) Pvt. Ltd (ITIL), an application software products company, to acquire 51 per cent stake in it. With this acquisition, ITIL will become a subsidiary of the company, ...

Texport launches AVI ACs
HYDERABAD: Texport Electronics Ltd. (TEL), which owns the AVI range of air conditioners, has set its eye on capturing a major share in the Southern AC market which is growing rapidly. TEL Managing Director, Major Raj Sahai, who was here on ...

Madhucon bags NHAI project in Tamil Nadu
HYDERABAD: Madhucon Projects, a Hyderabad-based construction company, has bagged a national highway project for a road stretch of 45.75 km on Thanjavur-Tiruchi section under NHDP phase IIIA on a build, operate and transfer basis. The project, ...

Gulf Oil ties up with IndianOil
NEW DELHI: Gulf Oil has entered into a tie up with the IndianOil Corporation for marketing its car care products has entered into a marketing tie-up with IndianOil Corporation. Leveraging the synergy between Gulf Oil and IndianOil, the latter's ...

Motorola pact with DSCL's Hariyali Kissan Bazar
NEW DELHI: Motorola has announced an alliance with DCM Shriram Consolidated Ltd. (DSCL)'s Hariyali Kisaan Bazaar chain of rural/semi-urban utility marts for sales and distribution of handsets. While Motorola will be able to establish its ...

Optimix announces new scheme
NEW DELHI: Optimix has on Friday announced an open-ended product — "Optimix Income Growth Multi-Manager Fund of Funds" — eyeing the potential investors who are uncertain about parking their money in a volatile market. The scheme ...

International Decisions Systems' plans
BANGALORE: International Decision Systems, provider of asset finance portfolio management software and services, having its product development centre in Bangalore, announced that two more Global Fortune 500 companies have selected `Rapport', ...

Bosch plans Rs. 1,000 cr. investment
BANGALORE: Motor Industries Company Limited (MICO), a subsidiary of the German auto ancillary giant Bosch, has said that Bosch is keen on enhancing its presence in India and planning an investment of close to Rs. 1,000 crore in the country. Bosch ...

New Chairman for Indian Rubber Institute
KOCHI: P. K. Mohamed has been elected Chairman of Indian Rubber Institute, a professional body of rubber technologists, engineers, scientists and other professionals working in the field of rubber and allied products. He is the chief of Research ...

TBWA Cochin bags 3rd spot at Spark 2006
KOCHI: TBWA Cochin stood third — with 65 points from two golds, three silvers and a bronze — at Spark 2006, the Madras Ad Club's 29th Advertising Awards held in Chennai on March 9. A press release from TBWA India said here that the ...

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