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Friday, September 15, 2006
Dell to set up unit at Sriperumbudur
Signs memorandum with the Tamil Nadu Government
Gopalpur to become all-weather port
Consortium agreement with Orissa Govt.
Panel on Financial Sector Assessment
MUMBAI: The Union Government, in consultation with the Reserve Bank of India (RBI), has constituted a Committee on Financial Sector Assessment with reference to the Handbook on the theme brought out in 1995 by the World Bank and the ...
IMF raises India's growth forecast
SINGAPORE: India's fast-growing economy should expand by 8.3 per cent this year instead of 7.3 per cent as earlier projected, the International Monetary Fund (IMF) said on Thursday. Interest rates might have to be raised further to check ...
UWB board seeks clarification
MUMBAI: The board of United Western Bank (UWB) on Thursday decided to seek clarification from the Reserve Bank of India (RBI) on technical aspects of the scheme of amalgamation with IDBI, which includes taxation and accounting procedures. The ...
Tata Tea to raise Rs. 420-460 cr.
MUMBAI: Tata Tea Ltd. (TTL) on Thursday said it would raise between Rs. 420 crore and Rs. 460 crore through a preferential issue of equity shares with attached warrants to its promoter company, Tata Sons, to part finance the cost of acquisition ...
Reliance Comm. files petition with TDSAT
NEW DELHI: Reliance Communication on Thursday filed three petitions against BSNL and MTNL, with the Telecom Dispute Settlement Appellate Tribunal (TDSAT) relating to rentals charged for points of interconnection and recovery suits. Acting on the ...
Pharma SEZ in Haldia
KOLKATA: A Special Economic Zone (SEZ) for pharmaceuticals would be set up at Haldia in East Midnapore district, West Bengal Commerce and Industry Minister, Nirupam Sen, said on Thursday. Ramky Industry would be the anchor developer of the ...
Apollo to divest stake in Lanka Hospital
MUMBAI: Apollo Hospitals Enterprise has informed the Bombay Stock Exchange that the board of directors of the company has decided to divest its entire equity stake of 33.22 per cent in The Lanka Hospital Corporation, Colombo, at SLR 28 per share ...
Satyam promoters corporatise holdings
HYDERABAD: The promoters of Satyam Computer Services on Thursday announced the `corporatisation' of their shareholding in the company. There was no change in effective holding of core promoters on account of the structuring, a press release ...
Calsoft to buy stake in Inatech
CHENNAI: California Software Co Ltd (Calsoft) announced the signing of a letter of intent (LOI) to acquire 51 per cent stake in Inatech Solutions U.K. and Inatech InfoSolutions India through a combination of cash and stock. Addressing ...
CSB, Lasersoft to develop banking solution
CHENNAI: : Catholic Syrian Bank (CSB) and Lasersoft Infosystems, a Chennai-based banking software product company, on Thursday, signed an agreement to develop a centralised banking solution that would help the bank provide better service to its ...
BOB to open OBU in Singapore
NEW DELHI: Bank of Baroda will open an offshore banking unit (OBU) in Singapore on September 19 and said talks were in advanced stage for floating a life insurance joint venture and roping in strategic partners in credit card and asset ...
CADD launches new training centre in Doha, Qatar
CHENNAI: CADD Centre, Asia's largest training institute for computer aided designing, has opened its 166th centre in Doha, Qatar, in partnership with MACE W.L.L, a leading Middle-East-based outsourcing company. CADD Centre is the first Indian ...
INTEX Autumn-Winter 07-08
CHENNAI: The forthcoming edition of INTEX Autumn-Winter 07-08, India's premier fabric sourcing show, will be held at the India Expo Centre, Greater Noida, between September 28 and 30. The Minister for Commerce and Industry, Kamal Nath, will ...
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