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Thursday, July 27, 2006
Centre rejects RIL gas price formula for RNRL
Formula not derived on the basis of competitive arms length sales
Motorola unveils affordable phone
The product may roll out of the Chennai plant by 2007
WB calls for better public sector accountability
The bank's emphasis is on spreading development benefits to all sections of the society
Sensex stretches gaining streak
MUMBAI: The stock markets maintained the bullish tempo and the Sensex added another 202 points to its kitty, as the rally stretched to the third day in a row largely on hectic short covering by foreign funds and operators. The volatility was ...
Tech Mahindra fixes price band for IPO
Pune facilities to be expanded
Deutsche Bank launches credit cards
MUMBAI: Deutsche Bank on Wednesday announced that the bank would be entering the consumer-banking segment in six to eight months. It also launched its first credit cards in India. Its first platinum credit card was presented to cricketer Sunil ...
Morgan Stanley Real Estate to invest $1b
NEW DELHI: Morgan Stanley Real Estate, the realty arm of global financial services firm Morgan Stanley, on Wednesday said it planned to invest $1 billion in the next 4-5 years in India. ...
Lupin gets DCGI nod
MUMBAI: Lupin on Wednesday said it had received approval from the Drugs Controller General (India) (DCGI) to conduct Phase II clinical trials for the molecule LL-42 18 (Desoside-P). ...
IFFCO dividend disbursed
TIRUCHI: The Indian Farmers Fertiliser Cooperative (IFFCO) Ltd. earned a profit of Rs. 475 crore during 2005-06 and declared 20 per cent dividend to its member-societies. IFFCO marketed 82 lakh tonnes fertilizer worth Rs. 9,500 crore during the ...
Bellwether Microfinance invests in MAS Risk
HYDERABAD: Bellwether Microfinance Fund, the country's first microfinance VC fund, on Monday announced $1.5 million investment in the Ahmedabad-based MAS Risk Capital to facilitate it in enlarging the commercial MF portfolio. The agreement on ...
MphasiS to merge EDS India with itself
BANGALORE: IT services and BPO solutions provider, MphasiS BFL, will merge the entire business and undertaking of EDS (Electronic Data Systems) (India) with itself. The board of directors approved the proposed scheme of amalgamation, which will ...
NTrust Infotech opens second centre
CHENNAI: NTrust Infotech, engaged in providing IT solutions and KPO (knowledge process outsourcing) services to the real estate leasing industry, inaugurated its second knowledge centre in Chennai. Addressing presspersons here on Wednesday, ...
Kirloskar to sell stake in JV to U.S. partner
MUMBAI: The board of Kirloskar Brothers has decided to divest its entire 51 per cent stake in its subsidiary, Kirloskar Copeland Ltd, to U.S.-based Copeland Corporation for Rs. 187.24 crore ($40 million), the company informed the Bombay Stock ...
R Systems to acquire WebConverse
MUMBAI: Software products development company, R Systems International Ltd, on Wednesday said it would acquire WebConverse Inc. for over $10.7 million. The acquisition is scheduled to be completed within the next three weeks, the company ...
Wadia group, SIA Engineering ink deal
CHENNAI: The Wadia group and SIA Engineering Company Ltd. on Wednesday signed a term sheet to form a joint venture to offer maintenance, repair and overhaul (MRO) services in India. The Wadia group will hold 49 per cent stake in the joint ...
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