Online edition of India's National Newspaper
Tuesday, June 27, 2006
Real estate MFs to have a custodian
Changes in VC Fund lock-in period for IPOs
Panel for financial inclusion
NEW DELHI: A high-power committee headed by the Chairman of the Economic Advisory Council to the Prime Minister, C. Rangarajan, was constituted on Monday to prepare a strategy for expanding financial services to vulnerable groups, including ...
ONGC's record profit
Declares a final dividend of 200 per cent for 2005-06
Corporate India cheers Arcelor deal
NEW DELHI: Corporate India has hailed Laxmi Niwas Mittal, a steel tycoon of Indian origin, and the Arcelor management for their decision to form the world's largest steel behemoth. Federation of Indian Chambers of Commerce and Industry chief ...
IRDA directive to training institutes
MUMBAI: The Insurance Regulatory and Development Authority (IRDA) has amended, with effect from September 15, the guidelines relating to on-line training institutes, and prohibited the opening of more than one Login on the same computer as well ...
Anti-money laundering guidelines revised
MUMBAI: The Reserve Bank of India (RBI) has amended the Anti-Money Laundering Guidelines of December 2, 2005, for Authorised Money Changers keeping in view the difficulties expressed by them in implementing some of the ...
Credit Suisse's new head for sub-continent
NEW DELHI: Credit Suisse, Zurich-based global financial services company, on Monday announced that it has appointed Bruno Daher as Head of Private Banking for the Indian Sub-Continent and West Asia region. ...
M&M group to set up SEZ in Jaipur
JAIPUR: The Rajasthan State Industrial Development and Investment Corporation (RIICO) on Sunday signed a shareholders' agreement with two subsidiary companies of the Mahindra and Mahindra group for establishment of a Special Economic Zone (SEZ) ...
Nous Infosystems to double headcount
COIMBATORE: Nous Infosystems, a software development company with operations in Bangalore and Coimbatore, is planning to buy out five small-sized firms, three in the U.S. and two in India. According to its President, Ajith J. Pillai, it is ...
Ramco wins ERP order from Amrutanjan
MUMBAI: Ramco Systems will implement the process production suite of Ramco Enterprise Applications for Amrutanjan, a public limited healthcare company dealing with ayurvedic and allopathic range of products. The ERP suite comprises functions ...
SBS opens office in Singapore
CHENNAI: Sundaram Business Services (SBS), the BPO arm of Sundaram Finance Ltd., will be targeting the $550 m Singapore BPO market. As a first step, the company has announced the opening up of an office there. The Executive Director and Head, ...
First Leasing announces 22.5 per cent dividend
CHENNAI: First Leasing Company of India Ltd. has reported a total income of Rs. 106.50 crore in the year ended March 31, 2006, against Rs. 109.52 crore in the previous year. The net profit stood at Rs. 27.10 crore against Rs. 24.10 crore, a rise ...
Pyramid Saimira in pact with Karnataka Govt.
CHENNAI: Pyramid Saimira Theatre Chain in Karnataka was launched by the Chief Minister H. D. Kumaraswamy on Monday. P. S. Saminathan, Managing Director, Pyramid Saimira, said in a release that Pyramid Saimira plans to have 200 screens fully ...
Bank of India scheme for goldsmiths
MUMBAI: Bank of India has launched a novel scheme called Star Swarnakar Suvidha Scheme, under which it will provide loans in the form of gold directly to jewellery manufacturers. The bank will finance jewellery manufacturers, provide skill ...
Puma opens exclusive store in Chennai
CHENNAI: Sport lifestyle company, Puma, on Monday announced the launch of its mega store in Chennai. The company promises to offer a wide range of apparel and accessories in a completely novel environment. Puma will offer new products and ...
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