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Tuesday, September 19, 2006
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Hyundai set to bring in $700 m fresh investment
To double capacity of the Irrungattukottai plant near Chennai

Mitsubishi Chemical's WB project cleared
Timken allowed to invest Rs. 50 cr. to set up subsidiary in Chennai

Huawei's concern over pending FDIs
Bangalore expansion awaits clearance

Suzlon to invest Rs. 1,500 cr.
Bags order from John Deere of U.S.

OECD advises India to ease regulation
Working on `Economic Survey' which will provide extensive analysis of growth drivers

Tetra Pak trains its eyes on dairy industry
The company supports the recycling programme of paper, aluminium and plastics

Carrera Holdings' investment proposals
Garment processing facility to be set up

PCL's expansion plans
Implements Rs. 70 cr. project in Falta

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Barometer


Briefly
7 Indian cos. in S&P global challengers list
NEW DELHI: Seven domestic firms — Bharat Forge, Siemens India, Chennai Petroleum, UTI Bank, Punjab National Bank, Nicholas Piramal and Oriental Bank of Commerce — have been named as the emerging global challengers to the world's ...

DGH penalties on ONGC, Reliance
NEW DELHI: The Directorate General of Hydrocarbons (DGH) has recommended stiff penalties on Oil and Natural Gas Corp ($107.39 million) and Reliance Industries Ltd. ($26.54 million) for default on commitments made by them on oil and gas ...

Hearing on Jet Airways on Sept. 21
MUMBAI: The Bombay High Court on Monday adjourned for next Thursday (September 21) hearing on an arbitration petition filed by private carrier Jet Airways in connection with the failed deal to take over rival Air Sahara. ...

Zee pact with China Central Television
MUMBAI: Zee Network on Monday announced an agreement with Beijing-based China Central Television, China's largest national TV network. China Central Television has licensed to Zee Network the use of news and other programmes from CCTV ...

Malaysian compact car project in India
KOLKATA: Malaysian automotive company, Naza Automotive Manufacturing Sdn Bhd, is close to finalising its compact car project in Tamil Nadu, Malaysian Trade Commissioner S. A. Dass said here on Monday. ...

Online electronic map of Dubai
MUMBAI: The Dubai Department of Tourism and Commerce Marketing (DTCM) has launched a new interactive Electronic Map of Dubai on its website www.dubaitourism.ae . ...

Central Bank cuts retail lending rates
TIRUCHI: Central Bank of India has announced a reduction in the interest rate of 50 basis points on its retail lending schemes for the festive season. The bank has waived the processing charges in respect of housing loans from September 15 to ...

KVB hikes domestic term deposit rates
CHENNAI: Karur Vysya Bank has increased the rates of interest offered on domestic term deposits across all time slabs with effect from September 18. For one year and above and inclusive of two years, the rate has been hiked by 50 basis points to ...

Moveo Systems pact with CavinKare
CHENNAI: Moveo Systems, engaged in developing next generation mobile solutions, has announced a tie-up with CavinKare. Moveo Systems has offered mobile software application to CavinKare through which the company can directly keep in touch with ...

Sundaram Finance raises deposit rates
CHENNAI: Sundaram Finance has increased the interest rates on fixed deposits by half a percentage point from September 1. The revised interest rates are: 8 per cent for one and two years and 8.5 per cent for three years, says a company ...

SlashSupport signs MoU with AKCE
CHENNAI: SlashSupport, a U.S.-based technology support company and part of the CSS Group, has signed a memorandum of understanding (MoU) with Arulmigu Kalasalingam College of Engineering (AKCE), Krishnan Kovil, Srivilliputhur. Under the ...

BHEL bags Vishwakarma Rashtriya Puraskars
NEW DELHI: BHEL has bagged three Vishwakarma Rashtriya Puraskars for its innovations and modifications in manufacturing systems and processes, which resulted in saving Rs. 50 lakh, according to a BHEL release. The company's Tiruchi and Bangalore ...

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