Online edition of India's National Newspaper
Wednesday, November 01, 2006
Residents can remit up to $50,000 a year
Lock-in period for sale proceeds of NRIs' immovable property will be lifted
Repo rate hike to help moderate credit growth: FM
This would push banks to improve credit quality
HLL overcomes cost pressure
Reports 18 p.c. rise in Q3 net to Rs. 383 cr.
TCS buys majority stake in TKS
The consideration is valued at Rs. 360 crore
IBM sets up two SOA centres
500-strong team of engineers will work on solutions
`Include iron ore in strategic materials list'
NEW DELHI: The Chairman of Steel Authority of India Ltd., S. K. Roongta, has sought inclusion of iron ore in the list of strategic materials as the Government would be required to provide assured linkage of raw materials to new steel capacities ...
One point rise in Consumer Price Index
SHIMLA: The all-India Consumer Price index number for industrial workers (base 2001-100) increased by one point during September to stand at 125. ...
TRAI directive to service providers
NEW DELHI: The Telecom Regulatory Authority of India (TRAI) on Tuesday asked all mobile service providers to give facility to their subscribers that would discourage receiving of unwanted or unimportant calls during international roaming. Mobile ...
Tariff values for edible oils remain unchanged
NEW DELHI: The Central Government on Tuesday kept the tariff values for edible oils, including soya and palm, unchanged at the existing ...
Ruia in talks to buy Tyre Corpn.
SAHAGUNJ: Even as production got under way after five years at the main Dunlop India Ltd. unit here, Pawan Kumar Ruia, Chairman, Ruia group, who acquired the company from the Chhabrias, said that he had begun talks with the Centre for taking ...
IOB Q2 net profit at Rs. 249.85 crore
CHENNAI: Indian Overseas Bank has reported a total income of Rs. 1,524.13 crore for the quarter ended September 30, 2006, against Rs. 1,250.32 crore in the corresponding period in 2005-06. Interest income was higher at Rs. 1,372.13 crore against ...
CUB net profit up 31 p.c.
CHENNAI: City Union Bank has achieved a growth of 31 per cent in net profit at Rs. 16.32 crore in the quarter ended September 30, 2006, against Rs. 12.44 crore in the corresponding period in 2006-07. The gross income rose to Rs. 111.27 crore from ...
KVB Q2 net profit up 55 p.c.
CHENNAI: Karur Vysya Bank has achieved an increase of 54.76 per cent in net profit at Rs. 42.56 crore in the second quarter of the current fiscal against Rs. 27.50 crore. Total interest income went up to Rs. 208.95 crore from Rs. 161.92 crore, a ...
Sharp rise in Aptech's consolidated Q3 profit
CHENNAI: The global system-wide revenues of Aptech stood at Rs. 322.15 crore (consolidated) in the third quarter ended September 30, 2006, against Rs. 169.13 crore in the year-ago period. The net revenues rose by 41 per cent to Rs. 54.72 crore ...
SUN TV launches 3 more FM Radio stations
CHENNAI: Sun TV has announced the launching of three more FM Radio Stations under the brand `S FM' from November 6 through its subsidiaries Kal Radio Ltd. and South Asia FM Ltd. These can be heard at 93.5 MHz frequency in Bangalore, Hyderabad ...
Raj Television files DRHP with SEBI
CHENNAI: Raj Television Network has filed the draft Red Herring Prospectus with the Securities and Exchange Board of India to enter the capital market with its initial public offer of equity shares. The company proposes to offer 35.68 lakh equity ...
Meridian Mobile launches GSM phones in India
CHENNAI: Meridian Mobile, part of the U.K. based Meridian group which pioneered the FMCG distribution in Europe, has launched its flagship brand of GSM phones `Fly' in India. Under this brand, the company has a variety of exclusive and ...
Sumit Banerjee quits Tube Investments
CHENNAI: Sumit Banerjee has quit as Managing Director of Tube Investments of India (TII). He has cited personal reasons for his resignation. The board of the company has since accepted his resignation. Mr. Banerjee is expected to be relieved of ...
Dabur's interim and bonus issue
CHENNAI: Dabur India has informed the Bombay Stock Exchange that the board of directors of the company has declared an interim dividend of 100 per cent (Re. 1 per equity share having a face value of Re. 1 each) for 2006-07. Further the company ...
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