Online edition of India's National Newspaper
Thursday, March 30, 2006
Ranbaxy acquires Romanian firm
The deal with generics company valued at $324 m
Luxembourg Trade Minister's assurance
Mittal's nationality not an issue in Arcelor takeover bid
Sensex up 97 points
MUMBAI: The Sensex closed at a new peak of 11,183.48 on Wednesday. Strong hopes of excellent fourth quarter corporate performance prompted renewed buying interest among investors. Operators were seen enlarging their positions in the cash segment, ...
Intel launches PC platform to suit rural conditions
Will be priced between Rs. 20,000-30,000
RBI to conduct additional LAF
MUMBAI: The Reserve Bank of India on Wednesday said it would conduct an additional Liquidity Adjustment Facility (LAF) on March 31 to facilitate funds management by banks on account of their year-end closing. ...
India, Mexico sign MoU for SME cooperation
NEW DELHI: India and Mexico have signed a Memorandum of Understanding for cooperation between micro, small and medium enterprises of both countries. ...
Infrastructure growth rebounds
NEW DELHI: Infrastructure growth bounced back to 5.6 per cent in February from a meagre 0.8 per cent in the same month last year, largely on the back of a surge in power generation and coal and cement production. ...
Japanese steel makers' joint defence
TOKYO: Three Japanese steel makers, Nippon Steel Corp., Kobe Steel Ltd. and Sumitomo Metal Industries Ltd., said on Wednesday they would plot a joint defence strategy to counter hostile takeover attempts in the wake of Mittal Steel Co.'s ...
Syndicate Bank CMD
NEW DELHI: The Union Government has appointed the Executive Director of Punjab National Bank, C. P. Swarnkar, as the new Chairman and Managing Director of Syndicate Bank. Mr. Swarnkar's position in PNB will be occupied by K. Raghuraman, General ...
ALUCAST Coimbatore chapter
COIMBATORE: The Coimbatore centre of Aluminium Casters' Association of India (ALUCAST) will be inaugurated on March 30. The Coimbatore chapter will organise training programmes, conferences and fairs for the aluminium die casting industry ...
Tax collection hours extended
COIMBATORE: The Big Bazaar Street branch, Park Square branch, Pollachi branch and Tirupur main branch of Indian Overseas Bank will function for extended hours on March 31 to collect direct and indirect ...
Gokaldas Exports' promoters to set up SEZ
CHENNAI: The Government of Karnataka has approved an exclusive SEZ for apparel and textile, to be set up by the promoters of Gokaldas Exports Ltd. The SEZ would be located on Kanakapura Road (NH 209), about 6 km. before Harohalli. The SEZ would ...
Tata AIG ties up with DBS Bank
MUMBAI: Private life insurance company Tata AIG on Tuesday entered into a tie-up with DBS Bank of Singapore to sell Tata AIG's life insurance products and services to the latter's customers at branches across ...
AllCargo creates maritime record
CHENNAI: AllCargo Global Logistics has created a maritime record in managing the entire logistics chain for the shipment of a huge equipment of the size of a six-storied building in just one piece, according to a release. The equipment, Gas ...
DHFL members approve investment by U.K. firm
CHENNAI: The shareholders of Dewan Housing Finance have approved the investment of optionally convertible preference shares worth Rs. 53 crore on a preferential basis by Caledonia Investments. Each OCPS can be converted into an equity share of ...
MSPL commissions 20MW wind energy project
CHENNAI: MSPL has commissioned its 20 MW wind energy project at Dhule in Maharashtra. It is operating three wind farms in Karnataka and Maharashtra with an overall installed capacity of 85.6 MW. The Dhule wind energy project, comprising 16 ...
ACCL rolls out 25,000th tipper
CHENNAI: Automotive Coaches and Components Ltd. (ACCL) celebrated the rollout of its 25,000th tipper recently at its works at Gummidipoondi. R. Seshasayee, Managing Director, Ashok Leyland, flagged off the 25,000th tipper which was received by ...
Award for Nayna Networks CTO
MUMBAI: Nayna Networks, Inc., a provider of next generation network solutions, on Tuesday announced that Dr. Raj Jain, the company's Chief Technology Officer, has been conferred with the ACM SIGCOMM's Test of Time Award for his paper on the ...
AppLabs gets CMMI Level 5 certification
CHENNAI: AppLabs Technologies, a global software testing power house and development services company, has secured the CMMI Level 5 certification for its software testing unit. The appraisal was conducted on various projects in domains such as ...
Sun Micro launches mobile.java.com
BANGALORE: Sun Microsystems on Wednesday announced the launch of mobile.java.com. It offers mobile Java technology-based applications for purchase and download, along with information for consumers about Java technology and the Java ...
A. R. Rahman to endorse WorldSpace products
BANGALORE: WorldSpace, one of the world leaders in satellite-based digital radio services, announced that A. R. Rahman, music director, composer and performer, would be its national brand ambassador. Mr. Rahman will produce an exclusive ...
EuroCor gets CE mark for TAXCOR
BANGALORE: EuroCor Life Sciences, a wholly owned subsidiary of healthcare equipment maker Opto Circuits (India) Ltd (OCIL), has received CE approval for marketing and sale of drug eluting stents called TAXCOR. "Obtaining this approval allows ...
Karnataka Bank hikes FCNR (B) rates
MANGALORE: Karnataka Bank has raised the interest rates on FCNR (B) deposits for various maturities with effect from Wednesday. The revised rates (in percentage with previous rates in brackets) for British pound sterling, U.S. dollar and Euro ...
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