Online edition of India's National Newspaper
Saturday, June 10, 2006
Textile units invited to invest in Kazakh's SEZ
Kazakh well connected by rail and air transport; investment safety guaranteed
TNPL to expand capacity
Mill development plan to upgrade bleaching technology
Cummins to increase sourcing from India
`Indian suppliers need to develop capabilities in advanced fuel systems'
Centre proposes Special Purpose Coffee Fund
The fund will require a corpus of Rs. 600 cr. spread over 15 years
Inflation falls marginally
NEW DLEHI: Inflation fell marginally to 4.68 per cent for the week ended May 27 from 4.74 per cent in the previous week despite increase in prices of food articles and industrial fuel. ...
ICICI hikes interest rates
MUMBAI: On the heels of RBI's hiking overnight rates by 25 basis points, ICICI Bank on Friday announced a rise of 50 basis points on interest rates. The revised rates would be applicable from the middle of next week, ICICI head (retail ...
Reliance approaches TDSAT
NEW DELHI: Seeking to recover Rs. 85 crore from BSNL, Reliance Communications has filed an appeal before the Telecom Dispute Settlement and Appellate Tribunal in a dispute pertaining to payment of interconnect usage charges. ...
Yes Bank to advise Agri Ministry
NEW DELHI: Yes Bank has been appointed as national consultants by the Central Government for developing a framework for selection of private enterprises to set up modern terminal market complexes for perishables in urban centres. ...
EU to rule on Arcelor-Severtsal merger
BRUSSELS: The European Union's competition regulator said on Friday that it would hand down a decision by July 11 on the planned merger between steel group Arcelor and Russia's Severstal. Meanwhile, Mittal Steel has said the Canadian Competition ...
Bureau Veritas opens office
COIMBATORE: The Regional Chief Executive of Bureau Veritas, Ryszard Kazsuba, inaugurated its Coimbatore office on Friday. A team of surveyors and auditors will provide localised service from the office here. Mr. Kazsuba told presspersons that ...
Repco Bank revises deposit rates
COIMBATORE: Repco Bank has revised the deposit rates upwards with effect from June 1. According to a release, the bank has introduced a special deposit scheme Ponni, which will offer 7.50 per cent for six month deposit period. For details, ...
Ranbaxy ties up with U.S. firm
MUMBAI: Ranbaxy Laboratories has entered into a strategic partnership with the U.S.-based Invagen Pharmaceuticals for marketing Zonisamide Capsules, which are used for the treatment of epilepsy, in the U.S. market. Under the agreement products ...
LG Electronics' Ranjangaon unit on stream
CHENNAI: LG Electronics India on Friday announced the commencement of operations of its greenfield facility for ODD (optical disk drives) products at Ranjangaon, Pune. LGEIL has begun manufacturing DVD Writers, thus becoming the first company to ...
UTI MF launches UTI- SPrEAD Fund
MUMBAI: To provide an opportunity to investors to receive returns unaffected by the rise or fall of equity markets, UTI Mutual Fund has announced the launch of a new market-neutral fund UTI-SPrEAD Fund, an open-ended equity fund. The new ...
Wyeth pays Rs. 25 per share
CHENNAI: Wyeth Limited has registered a net profit of Rs. 67.72 crore for the year ended March 31, 2006, against Rs. 39 crore in 2004-05. Total income has increased from Rs. 298.52 crore to Rs. 307.58 crore. The company has recommended a dividend ...
Two RBI departments get BS certification
CHENNAI: The Reserve Bank of India (RBI) is the latest to join the certification bandwagon. Two departments of the apex bank have just landed the prestigious British Standard of Information Security BS7799: 2002 (2). With this ...
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