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Tuesday, October 17, 2006
TCS profit crosses Rs. 1,000 cr. in Q2
Inducts over 8,900 employees
Three banks sign agreement with IIFC
IIFC will finance 20 p.c of the project cost while the three banks the balance
Govt. approves changes to IT Act
New law to tighten data protection and privacy of information about customers
Rupee moves up marginally
MUMBAI: The rupee closed marginally higher against the U.S. currency on heavy foreign institutional investor inflows along with some dollar sales by exporters. In a quiet trading at the interbank foreign exchange market on Monday, the Indian ...
Sensex near 13000 milestone
MUMBAI: Impressive corporate performance has given more reasons for cheer this festive season, as the Bombay Stock Exchange benchmark Sensex surged by 191.76 points on Monday to close within earshot of the 13000-point milestone. The Sensex seems ...
Sitel puts up fourth global delivery centre
Will provide technical support and help desk to Bell Canada
Japanese firm enters water purifier market
Launches three models
Dunlop Sahagunj unit set for reopening
KOLKATA: The mother unit of Dunlop India Ltd (DIL) at Sahagunj in Hooghly district will be reopened on October 31, Chief Minister Buddhadeb Bhattacharjee, said here on Monday. State government officials said that while preliminary production ...
HP's storage system for SMBs
BANGALORE: Hewlett-Packard has launched the industry's first easy-to-use storage system that drives down cost and complexity for mid-market and small and medium businesses (SMBs) grappling with the challenge of exponential growth of data. The ...
Crisil upgrades GDP growth forecast
MUMBAI: Crisil, a leading rating agency, on Monday stated that it expects the buoyant growth performance to continue and has upgraded its gross domestic product (GDP) growth forecast to 8.3 per cent in 2006-07 from its earlier forecast of 7.3 ...
Govt. issues oil bonds
NEW DELHI: The Union Government on Monday issued the first tranche of bonds worth Rs. 5,000 crore to oil marketing companies to help them offset losses on account of high international crude prices. ...
NCDEX to conduct Moorat trading
MUMBAI: The National Commodity and Derivatives Exchange (NCDEX) will conduct a Moorat trading for two hours on the Diwali day (October 21). ...
Nasscom welcomes Union Cabinet's move
NEW DELHI: National Association of Software and Service Companies (Nasscom) on Monday welcomed the Union Cabinet's approval to the proposed amendments proposed in the Information Technology Act 2000. "We understand that these amendments have ...
Wanbury to acquire generic business of Spanish Co
MUMBAI: Pharma company Wanbury on Monday said it would acquire the branded generic business of the Spain-based Industrial Farmaceutica Cantabria through Cantabria Pharma SL for 50 millon euro, the company informed the Bombay Stock Exchange. ...
Ultratech Cement net zooms
MUMBAI: The net profit of Ultratech Cement has spurted to Rs. 127.44 crore in the six months ended September 30, 2006 against Rs. 80 lakhs in the corresponding period in 2005-06. Net sales have risen to Rs. 1,004.54 crore from Rs. 634.51 crore. ...
Shell opens retail fuel station
CHENNAI: Shell India Marketing Pvt. Ltd. (SIMPL) has opened one more retail fuel station in Chennai. Shairan Huzani, Retail General Manager, Shell India, Marketing, said, "Shell is serious about safety in all aspects of its business and is ...
Banswara Syntex to set up garmenting facility
MUMBAI: Banswara Syntex, a vertically integrated textile company, plans to further increase its expenditure on-going expansion schemes by Rs. 150 crore aggregating Rs. 260 crore. It plans to add 40,000 spindles and 48 shuttleless looms and ...
CCS Infotech gets award from Microsoft
CHENNAI: : CCS Infotech, a Chennai-based IT solutions provider, has received the `Best Assurance Circle Partner' award from Microsoft. According to a release, the company, which had also been recognised as a `Star Partner' by Microsoft, was given ...
Two additional directors on CUB board
CHENNAI: City Union Bank has inducted N. Kanthakumar as director on its board. He was formerly chairman and managing director of Syndicate Bank. City Union Bank has elevated N. Kamakodi to the position of Executive Director from his earlier ...
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