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Saturday, May 20, 2006
SBI posts higher net
Plans to unlock value through IPOs of associates
Mittal sweetens bid for Arcelor
Offers to reduce family stake, intends to relocate global headquarters to Luxembourg
Court orders Administrators for M P Birla estates
The appointment will be for two years
Sensex drops another 450 points on selling
Nearly 900-point swing on Friday
Bajaj Auto net profit up 47 p.c.
Recommends a dividend of Rs. 40 per share
TDSAT directive on differential tariff
NEW DELHI: Taking cognisance of the failure of private mobile operators to comply with the Telecom Regulatory Authority of India's order on differential tariffs, the Telecom Dispute Settlement and Appellate Tribunal on Friday asked the operators' ...
RBI expands coverage of database
MUMBAI: The Reserve Bank of India has further expanded the coverage of its `Database on Indian Economy' to include, among other things, `static reports' on foreign exchange reserves, foreign exchange spot rates and certain other aspects of ...
Doha Bank to open branch in Mumbai
DOHA: Doha Bank, the third largest bank in Qatar, is planning to open two branches in India, with one expected to come up in Mumbai in September-October. The bank had applied to the Reserve Bank of India last year for opening a branch and is ...
Rejects plea of Saudi co.
NEW DELHI: The Central Excise and Service Tax Appellate has rejected the petition of Saudi Basic Industries Corp, one of the world's largest petrochemicals firms, challenging the government's decision of July 2000 to impose anti-dumping duty on ...
IOB launches sale of gold coins
TIRUCHI: Indian Overseas Bank, Tiruchi Region, launched its sale of imported gold coins through its branches in the region on Friday. Inaugurating the sales, Chief Regional Manager, R. Chandran, said the gold coins, imported from Switzerland, ...
Unichem pact with Pliva of the U.S.
CHENNAI: Unichem Laboratories has entered into a product development, manufacturing and supply agreement with Pliva of the U.S. a wholly owned subsidiary of Pliva Pharmaceuticals, Zagreb, Croatia. Under the terms of the agreement, Pliva will fund ...
CyberMedia profit up 40 p.c.
CHENNAI: CyberMedia, a leading specialty media house with 12 publications (including Dataquest and PCQuest), has reported a rise of 40 per cent in its net profit at Rs. 6.02 crore in the year ended March 31, 2006, against Rs. 4.31 crore in the ...
Siemens division, Huawei-3Com tie-up
MUMBAI: The Communications Enterprise Network (Com EN) division of Siemens has entered into a strategic alliance with Huawei-3Com, which is a joint venture of 3Com, U.S., and Huawei of China, to offer futuristic IP based voice, data and video ...
PNB net profit at Rs. 1,439 cr.
MUMBAI: Punjab National Bank has reported a net profit of Rs. 1,439 crore for the year ended March 31, 2006, against Rs. 1,410 crore in the previous year. Total income has increased to Rs.10,815 crore from Rs. 10,135 crore. The operating profit ...
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