Online edition of India's National Newspaper
Thursday, September 14, 2006
ePaper
Online edition of India's National Newspaper Thursday, September 14, 2006 ePaper |
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News Update
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IMF quota reform needs to be hastened: Chidambaram `Unusual focus on governance and anti-corruption issues' Other Stories
Barometer Briefly Oracle makes open offer in i-flex BANGALORE: Oracle Corp has made an open offer to the shareholders of i-flex Solutions Ltd. for acquiring a 20 per cent stake in the company for around Rs. 2,452 crore ($531 million). Oracle is offering a price of Rs. 1,475 per share, to be paid ... SEBI panel on accounting standards MUMBAI: The Securities and Exchange Board of India (SEBI) has constituted a new committee — SEBI Committee on Disclosures and Accounting Standards (SCODA) — headed by Y. H. Malegam. Other members of the committee include Jitesh ... Schlumberger, Infosys form alliance BANGALORE: Schlumberger Information Solutions of Paris, a leading oilfield services company, and Infosys Technologies have formed a global alliance to provide comprehensive information management solutions that integrate upstream technical and ... ADB sells its 3.8 pc stake in IDFC MUMBAI: The Asian Development Bank on Wednesday sold its entire 3.8 per stake in Infrastructure Development Finance Company for Rs. 269 crore to UBS Securities Asia ... DoT allows AT&T long distance business NEW DELHI: The Department of Telecom has allowed U.S. telecom giant AT&T's Indian arm to operate both international and long-distance services in the ... BREAD-SSI amalgamation gets Court approval CHENNAI: The High Court of Judicature of Madras has approved the merger of BREAD and SSI Limited. According to a release, the share swap ratio of the merger is 642 equity shares of SSI for each Share of BREAD. Over 3.21 crore fully paid up equity ... Marico enters hair-care market in Egypt MUMBAI: Marico group has announced its entry into the Rs. 170 crore hair-care market in Egypt through the brand Fiancee, hitherto owned by the Egypt-based Ready group. The deal envisages acquisition of the brand by Marico as also direct ... Classic Diamonds ties up with U.S. firm MUMBAI: Classic Diamonds India has signed an agreement with the U.S.-based jewellery wholesaler, Diamond Direct LLC, in a bid to establish retail operations in the U.S. and Canada. The company said it was looking to tap the U.S. retail market ... CEAT launches next generation truck tyre CHENNAI: CEAT has announced the commercial launch of its next generation truck tyre — CEAT Mile XL. The new tyre is aimed at meeting the aftermarket needs in the emerging transportation scenario, said Rajiv Jain, General Manger ... CI.COM bags ESC award CHENNAI: CI.COM (P) Ltd, the Chennai-based software export company, has received a special award from Electronics and Computer Software Export Promotion Council of India (ESC) for `Establishing Indian Brand in Foreign Markets' under the computer ... DHFL Vysya Housing to open branch in Nellore HYDERABAD: DHFL Vysya Housing Finance Ltd., a wholly-owned subsidiary of Dewan Housing, will shortly open a branch in Nellore. The company said in a press release that it would introduce shortly a housing loan scheme to cater to employees aged ... Satyam academy for SAP training HYDERABAD: Satyam Computer Services, a leading global IT services company, on Wednesday announced the launch of a SAP training academy as part of an agreement with SAP India. The academy will train Satyam professionals in current and future SAP ... New CEO for Virinchi Technologies HYDERABAD: The Hyderabad-based Virinchi Technologies, a software products and services company with global clientele, on Wednesday announced the appointment of Anil Kumar Pinapala as its CEO. He succeeds Viswanath Kompella, who will continue as ... SM Electronic to distribute ERNI products NEW DELHI: ERNI, a leading global manufacturer and worldwide supplier of a broad line of interconnects for the telecommunications, data communications, computer, industrial and medical markets, on Monday announced the appointment of SM ... Nucleus Software bags Lippo Bank's contract NEW DELHI: Nucleus Software, provider of nextgen software products for the banking and financial sector, has won a contract from Indonesia's private sector Lippo Bank for the implementation of its software solutions in the bank's branches. Under ... Cholayil launches new deodorant brand NEW DELHI: The Chennai-based FMCG company, Cholayil Private Limited, manufacturer of Medimix soap and Cuticura talcum powder, on Wednesday announced its foray into the deodorants segment through the launch of a new range of products in the ... Expo on batteries, inverters and generators BANGALORE: Zak Trade Fairs and Exhibitions Pvt. Ltd. is organising ZAK BIG (Batteries, Inverters and Generators) EXPO 2006 at Gayatri Vihar, Mekhri Circle, Palace Grounds, Bangalore, between September 21 and 24. The event is an industry-focussed ... Dhanus Tech launches broadband telephony service KOCHI: Dhanus Technologies has launched `MPINGI', an international broadband telephony service for the U.S. market, says a press release. Through this system, the customer can use his/her regular phone to make and receive calls through her ... Big Bazaar unveils `My World' magazine KOCHI: Big Bazaar, value retailing concept of Pantaloon, has launched `My World' for women customers. It will advise customers in areas like style, grooming, food, health, cosmetics and interiors, says a press release. ... Parthas Textiles' Onam offer KOCHI: The draw of the `Be Special' lucky dip contest run by Parthas Textiles, Kochi, was done by Sreelekha, IPS officer. The contest was operational from August 28 to September 4. Eight special customers of Parthas received LCD television sets ... Other Stories
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