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Thursday, August 17, 2006

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NeST group targets $1-billion enterprise value
Unveils global expansion plans

Tuticorin port's initiative to woo cargo
Cashew is one of the traditional items handled by Kochi port

`Buy options to check wheat price'
EAC wants flexible procurement, pricing policy

Kelvinator targets 10 per cent market share in State
About 60 per cent of the sales take place during Onam season

Sensex zooms 135 points on funds buying
MUMBAI: The upbeat mood gathered momentum on the Bombay Stock Exchange and the benchmark Sensex registered a sharp rise of over 135 points on Wednesday to close at a near three-month high of 11448.31, driven by sustained foreign institutional ...

M&M to make `Ingenio' platform
The auto major will make multi-purpose vehicles at the Nashik plant

Other Stories


Kumar Mangalam Birla resigns from Tata Steel
MUMBAI: Tata Steel on Wednesday said Kumar Mangalam Birla has tendered his resignation as a director of the company. Mr. Birla had earlier resigned as a non-executive independent director from the board of Maruti Udyog Ltd. after a three-year ...

IFAC exposure draft on IT
CHENNAI: The International Accounting Education Standards Board, an affiliate of the International Federation of Accountants (IFAC), on Tuesday came out with an exposure draft on Information Technology for Professional Accountants, detailing the ...

GMR, Tech Mahindra to list on Aug. 21, 29
MUMBAI: GMR Infrastructure and Tech Mahindra will be listed in the bourses on August 21 and August 29, respectively.

Norms for schools, houses in SEZs soon
NEW DELHI: Having approved 150 special economic zones across the country, the Government will shortly bring out norms for establishing residences, hotels and schools within these zones. ...

Bennett, Coleman takes stake in insurance JV
MUMBAI: Bennett, Coleman and Company Ltd. has picked up a 30 per cent stake in the life insurance joint venture between Ranbaxy group company Religare and a leading life insurance firm Aegon for an undisclosed sum. ...

Bharat Yantra Nigam to be closed down
NEW DELHI: Public sector Bharat Yantra Nigam Limited (BYNL) is likely to be closed down with the Board for Reconstruction of Public Enterprises approving a proposal to this effect from the Department of Heavy Industries (DHI). ...

Arcelor Mittal makes changes in U.S. division
LONDON: Global steel giant Arcelor Mittal has announced key changes in senior positions within Mittal Steel USA in an effort to improve operational performance and align the company's flat products division in America with long-term goals for ...

Swaraj Mazda in alliance with Isuzu
CHENNAI: A six-member delegation from Isuzu Motors of Japan has visited the Swaraj Mazda factory at Ropar, Punjab, in connection with laying of the foundation for the Isuzu assembly plant and also setting up of bus body building facilities. ...

FireStream acquires TMI Services
CHENNAI: FireStream WorldWide Inc., announced the acquisition of certain assets of Texas based TMI Services, a leading solution provider for the convenience store and petroleum industry, according to a release. The company has also plans to ...

Strides Arcolab ties up with U.S. firm
NEW DELHI: Strides Arcolab has signed a non-exclusive licence and technical transfer agreement with the U.S.-based bio-pharmaceutical company, Gilead Sciences. The agreement will enable the company to manufacture and distribute generic versions ...

UTI Mid Cap Fund declares 30 p.c.
MUMBAI: UTI Mid Cap Fund on Wednesday declared a 30 per cent dividend (Rs. 3 per unit of the face value of Rs. 10). The net asset value (NAV) per unit of the Mid Cap Fund as on August 14, was Rs. 19.30 under the dividend option, said a release ...

Ybrant Technologies facility in Hyderabad
MUMBAI: Ybrant Technologies Inc., a leading e-marketing solutions company which delivers support services and software tools for enterprise e-marketing, on Wednesday announced the opening of a new office in Hyderabad. At present, the company has ...

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