Online edition of India's National Newspaper
Thursday, November 02, 2006
Priority sector concept in insurance mooted
IRDA likely to issue directive to companies
Hindalco forms venture with Almex of the U.S.
To produce high strength aluminium alloys
Italy sees tremendous opportunities in India
Invites Indian technical students to pursue higher studies
False report, says India Pistons
CHENNAI: "A section of the press has carried recently a news item that Federal Mogul Corporation of U.S.A. is close to acquiring a majority stake in India Pistons Limited, a leading auto components manufacturer. The news item is unfounded, false ...
Murugappa group set to invest in Uttaranchal
Companies in TI group, Carborundum evince keen interest
Cairn India to raise $1.8 billion in IPO
A part of the proceeds to fund its ongoing business
Consultation paper on NIXI
NEW DELHI: The Telecom Regulatory Authority of India has come out with a consultation paper on `Improvement in the effectiveness of National Internet Exchange of India (NIXI)'. The regulator has asked stakeholders to send their comments on the ...
India-Sri Lanka joint business council meet
NEW DELHI: The ninth India-Sri Lanka Joint Business Council meeting will be held on November 3 in Colombo. The meet, jointly organised by FICCI and the Federation of Chambers of Commerce and Industry of Sri Lanka, will deliberate upon India-Sri ...
Direct tax collections up 38 p.c.
NEW DELHI: With the buoyancy in income-tax collections coupled with excellent corporate results during the second quarter this fiscal, direct tax collections have soared to Rs. 91,374 crore till October 28 as compared to Rs. 66,069 crore during ...
RIL to invest $5.2 b
NEW DELHI: Reliance Industries Ltd. (RIL) on Wednesday said it would invest $5.2 billion to produce 80 million standard cubic metres a day of gas from its block in the Bay of ...
Tube Investments' higher sales
CHENNAI: Tube Investments of India has reported sales of Rs. 456.79 crore for the quarter ended September 2006, against Rs. 389.86 crore in the same period last year, recording a growth of 17 per cent. The net profit for the quarter was lower at ...
Lancor G: Corp to merge with Lancor Holdings
CHENNAI: Lancor G: Corp Properties, promoted by Lancor group (formerly DBS Properties) and G.Corp (formerly Gesco Corporation, a division of Great Eastern Shipping Company), will be merged with Lancor Holdings, a company listed on the Bombay ...
Indian Bank hikes FCNR (B) and NRE rates
CHENNAI: Indian Bank has hiked the interest rates on NRE and FCNR (B) rates. For NRE term deposits, the rise ranges between 4-10 basis points for different maturities. For FCNR (B) deposits, the rise is to the maximum of 10 basis points for U.S. ...
JSW Steel increases galvanised steel prices
CHENNAI: JSW Steel has announced a hike of Rs. 1,000 a tonne for its galvanise steel while the price for HR coils remains unchanged. The price hike for galvanised steel has been necessitated by the steep increase in zinc prices in the ...
General Motors October sales up 12 p.c.
CHENNAI: General Motors India sold 3,153 units in October 2006 against 2,829 units during the corresponding period last year, a growth of 12 per cent. The October sales comprise 2,011 units of Chevrolet Tavera, 902 units of Chevrolet Aveo and ...
Hero Honda reports record sales in October
CHENNAI: Hero Honda Motors has reported record sales of 3.63 lakh units during October 2006. This is in line with the company's strategy for aggressive top line growth and increased market share, which is being implemented through the launch of ...
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