Online edition of India's National Newspaper
Thursday, May 11, 2006
Bilateral FTAs harm small nations: Lamy
`WTO talks not yet in the red part of the red zone'
Tata Steel projects `on schedule'
`We are in a position to solve problems regarding displacement of tribal people'
Tea growers get relief under price band
Band is calculated on the basis of seven years' moving average
Sensex crosses 12600-mark
MUMBAI: Led by banking and metals counters, shares on Wednesday made a handsome rally, pushing the Bombay Stock Exchange sensitive index (Sensex) sharply up by 98.52 points to close at a new peak of 12,612.38 on persistent buying by foreign ...
EGoM on SEZ `resolves' issues
NEW DELHI: The Empowered Group of Ministers on Special Economic Zones on Wednesday "resolved satisfactorily'' all the issues including minimum land area for the SEZs in the information technology sector. Commerce and Industry Minister Kamal Nath ...
Kamal Nath to meet cement manufacturers
NEW DELHI: Commerce Minister Kamal Nath has called a meeting of cement manufacturers on May 12 regarding the issue of steep rise in cement prices. ...
EU deadline to clear Mittal bid extended
BRUSSELS: EU regulators shifted their deadline to clear Mittal Steel Co.'s euro19 billion ($23 billion) takeover bid for Arcelor SA until June 7, a European Commission spokesman said. ...
FMC directive to exchanges
MUMBAI: The Forward Markets Commission has directed the exchanges to reduce the limit on daily price fluctuation to 4 per cent initially with immediate effect and with a break of 15 minutes to 2 per cent ...
TDSAT seeks views on cable tariffs
NEW DELHI: The Telecom Dispute Settlement and Appellate Tribunal has asked broadcasters and other stakeholders in the cable industry to file their views on allowing an annual inflation-related hike in cable tariffs. ...
Asian Paints announces final dividend
MUMBAI: Asian Paints has announced a final dividend of Rs. 5.50 per equity share of Rs. 10 each for the year ended March 31, 2006. The directors have recommended a one-time special dividend of Rs. 2.50 on the occasion of the 60th year of ...
Tamil Nadu Newsprint pays 15 p.c. final
CHENNAI: Tamil Nadu Newsprint and Papers has recommended a final dividend of 15 per cent for 2005-06. Along with the interim dividend of 15 per cent already paid, the total dividend for the year works out to 30 per cent. The company has reported ...
Royal Sundaram's premium income up
CHENNAI: Royal Sundaram Alliance Insurance Company Ltd. has written Rs. 461 crore of premium income during the year ended March 31, 2006, against Rs. 335 crore, a growth of 38 per cent. The company reported a profit before tax of Rs. 10 crore. ...
New COO for Jet Airways
CHENNAI: Jet Airways has appointed Dale Moss for the position of Chief Operating Officer, based at the Airline's corporate office in Mumbai. According to a release, Mr. Moss will report to the Chief Executive Officer, Wolfgang Prock-Schauer. In ...
Accel Frontline files draft prospectus
CHENNAI: Accel Frontline, a joint venture between Accel Limited of Chennai and Frontline Technologies Corporation of Singapore, a leading provider of IT infrastructure management services, proposes to enter the capital market with its initial ...
Aircel ties up with Roamware
CHENNAI: Aircel Cellular and Roamware of the U.S. have announced the implementation of Roamware's short codes and smart call assistant, to enhance Aircel network and services. The partnership will offer an enhanced mobile experience and a greater ...
CADS Software plans to double headcount
CHENNAI: CADS Software India, a subsidiary of the U.K.-based CADS, plans to double its employees strength in Chennai to about 700 and revenue to about Rs. 45 crore in the next three years, according to Jonathan Frvett, Financial Director, CADS. ...
Idea offers election results on SMS
KOCHI: Idea Cellular is offering election results on SMS for postpaid and prepaid subscribers. To get the summary of results, a subscriber is required to type ELE and send an SMS to 444. To get the party-wise tally of seats, the first four ...
BigLeap placement campaign
KOCHI: BigLeap solutions, a HR services company, is conducting a job fair on May 13 and 14 at the Al-Ameen public school, Edapally, in Kochi. Details are available on www.bigleaponline.com , or Telephone: 98956 77195, says a release. ...
State Bank of Hyderabad net up 70 p.c.
HYDERABAD: State Bank of Hyderabad has posted a total business of Rs. 56,738 crore, an operating profit of Rs. 868.09 crore and a net profit of Rs. 427.04 crore for the fiscal ended March 2006. Earnings per share of Rs. 100 each stood at Rs. ...
Mankind Pharma's expansion plans
HYDERABAD: Mankind Pharma, a fast-growing domestic pharmaceutical company, is targetting revenue in excess of Rs. 500 crore during the current financial year in tune with its plans to become a Rs. 1,000-crore company by 2010. The company is ...
Virtusa's new marketing director
HYDERABAD: Virtusa Corporation, a leading software development and IT services provider, has announced the appointment of Sridhar Chandrasekar as marketing director of Virtusa (India) Private Limited, an Indian subsidiary of Virtusa. Based in ...
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