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Friday, May 26, 2006
Keep client trades separate: FMC
To be implemented by the end of May
L&T net up at Rs. 1,012 cr.
Recommends dividend of Rs. 22 per share
Jet's Kiosk Check-ins
To introduce the kiosks in 25 metro airports over time
SAIL net dips
Declining steel prices affect margins
CST to be cut to 3 per cent
NEW DELHI: The Empowered Committee of State Finance Ministers on Value Added Tax (VAT) on Thursday decided to settle for a one percentage point cut in the Central Sales Tax (CST) to three per cent from October this year. This, however, would be ...
Allcargo Global to expand
Acquires stake in ECU Line, a Belgium-based player
Dell plant by year-end
Will manufacture desktops and notebook computers at its facility
TCS launches BFS centre
Converts Sholinganallur facility into a special centre
Cap on trade margins on drugs
Marketing expenses should not exceed 150 p.c. of production cost
Import of GM foods and GM oil allowed
NEW DELHI: The Genetic Engineering Approval Committee (GEAC) on Thursday allowed, on an interim basis, the import of refined soybean oil subject to certification from the country of export that it has been derived from Roundup Ready ...
Religare forms JV with U.S. firm
MUMBAI: Religare, a Ranbaxy promoter group company, along with Evercore Partners, a U.S.-based leading advisory and investment firm, have formed a joint venture to launch a new private equity fund, ER Capital India Fund, and aim to raise $150 ...
Ban on rubber export ruled out
KOTTAYAM: Rubber Board Chairman Sajen Peter on Thursday ruled out the possibility of a ban on rubber export. Inaugurating a two-month intensive campaign for rubber growers here, he said there was no possibility of a ban on the basis of WTO ...
NEW DELHI: Car market leader Maruti Udyog's runaway success with its premium hatchback model `Swift' touched a new record by clocking over 61,000 units in the first year of launch. Swift, which was launched exactly a year ago, has so far clocked ...
KVB announces 1:1 bonus, 1:2 rights
CHENNAI: Karur Vysya Bank has announced the issue of bonus shares in the ratio of one share for every equity share held and rights shares in the ratio of one share for every two equity shares at a premium of Rs. 60 per share. The total income of ...
Sical Logistics ramps up trucking operations
CHENNAI: Sical Logistics announced on Thursday a major expansion of its road transportation operations for bulk and containerised cargo. The company said it was adding 80 vehicles, primarily double-axle trucks and tankers, in the immediate term, ...
DHL launches service centre in Tirupur
TIRUPUR: DHL, a leading express and logistics company, inaugurated its new service centre in Tirupur. The 7,500 sq.ft. centre is easily accessible from all major commercial centres in South India and will handle a daily inbound and outbound ...
Real estate portal launched
CHENNAI: Sulekha.com , the online community portal, has launched its real estate portal, PerSquareYard.com , a one-stop source for buying, selling or rental of any type of property across metros and major cities. ...
PSL's investment plans in UAE
CHENNAI: PSL, a key enabler for infrastructure and construction projects, has announced its investment plants in the UAE. The company will set up a plant in the Hamriyah Free Trade Zone, Sharjah, and will start operations by early next year. PSL ...
Gulf Oil net up by 13.8 per cent
HYDERABAD: Gulf Oil Corporation, a Hinduja group company, has registered a gross turnover of Rs. 507 crore during the year ended March 2006, posting a 7 per cent increase over the previous year's Rs. 473 crore. The net profit of the company ...
Sharekhan opens second branch in Hyderabad
HYDERABAD: Sharekhan Ltd., a leading retail brokerage house with a strong online trading platform, has opened its new branch in Hyderabad. The branch, the second in Hyderabad and an addition to Sharekhan's existing network of 102 branches and ...
Airtel's new offer to AP customers
HYDERABAD: Airtel, one of the leading mobile service providers, has announced the launch of a special scheme offering Motorola C117 handsets at a special discounted price of Rs. 1,499 against the market price of Rs. 2,499. The offer comes free ...
mFormation opens new facility in Bangalore
BANGALORE: mFormation Technologies Inc., a mobile device management solutions company, on Thursday announced the opening of its new facility in Bangalore. This facility will be its India headquarters and will be one of its three main hubs for ...
Synopsys acquires Virtio Corporation
BANGALORE: Synopsys Inc., a leader in semiconductor design software, on Tuesday announced that it is expanding its presence in electronic system level (ESL) design by acquiring Virtio Corporation, creator of virtual platforms for embedded ...
Chip leaders announce Power Forward initiative
BANGALORE: Leading members of the global chip design and manufacturing industry came together on Monday to announce a `Power Forward' initiative. They will work to create a standardised Common Power Format by 2008 for making low powered ...
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