Online edition of India's National Newspaper
Thursday, November 16, 2006
`Review rule on export proceeds'
Tarapore defends approach of FCAC report
Mahindra Holidays introduces vacation product for youngsters
Designs concept with the help of U.S. company
Kalam suggests housing subsidy for the poor
NEW DELHI: President A. P. J. Abdul Kalam on Wednesday exhorted the construction industry to take up a societal mission to provide dwelling units costing not more than Rs. 1 lakh for the needy in urban and rural areas and wanted the Government ...
Merrill Corpn. sets up subsidiary
The facility can house 1,000 people
Xenitis to launch motorbikes
KOLKATA: Xenitis, maker of the Amar brand of personal computers, plans to launch motorbikes by January 2007 through its Chinese joint venture partner, Guangzhaou Motors Company. The joint venture, Global Automobiles, was floated in November ...
Work on JK Cement's Karnataka unit to commence in December
Shrimp: India to make fresh appeal in WTO
NEW DELHI: The Central Government will be making a fresh appeal to the dispute settlement body of the World Trade Organization to set up a panel on a dispute with the U.S. over exports of marine products from India. The earlier appeal had been ...
United Phosphorus to buy Cerexagri
MUMBAI: United Phosphorus Ltd. (UPL), a leading crop-science company, has agreed to buy Arkema's 100 per cent shareholding in the Cerexagri group of companies. The size of the acquisition is expected to be 111 million euros subject to closing ...
Franklin Templeton to buy-out Indian arm
CHENNAI: Franklin Templeton Investments has announced that it has agreed in principle to acquire full control of its joint venture in India, Franklin Templeton Asset Management (India) Pvt. Ltd. (AMC), by buying out the 25 per cent stake in the ...
Tata Sons acquires stake in group cos.
MUMBAI: In a block deal on the Bombay Stock Exchange, Tata Sons acquired 2.72 per cent stake in Tata Investment Corportion at Rs. 385.60 each from Tata Tea. It also picked up 1.28 lakh equity shares of Tata Motors at Rs. 829.25 each from Tata ...
Gulf Air begins chartered freighter services
MUMBAI: Gulf Air Cargo has commissioned a series of scheduled freighter charters beginning November 15 in order to meet the demand during this traditional peak season. An A300 aircraft with a 40-tonne capacity has been chartered from ACT ...
MSN Hotmail upgrades storage capacity
CHENNAI: Microsoft Corp. on Wednesday announced a global storage upgrade for MSN Hotmail's 260 million plus active email accounts, expanding the storage capacity to one gigabyte and extending the expiration period for inactive accounts from 30 ...
Polaris launches new platform for U.S. market
CHENNAI: Polaris Software Lab has launched an integrated branch renewal platform, based on services-oriented architecture (SOA) technology, for the U.S. market. Intellect Front Office was unveiled in Las Vegas at the BAI Retail Delivery ...
iGate pact with Radian
CHENNAI: iGate Global Solutions has penned a technology services pact with Radian Group Inc., a provider of innovative credit solutions to the global financial and capital markets. Under the agreement, iGate will become a strategic partner for ...
D&B recognition for MRF
CHENNAI: Dun and Bradstreet (D&B), a leading provider of global business information, has ranked MRF first in the tyres sector in its 2006 edition of "India's top 500 companies". Dun and Bradstreet top 500 companies in 2006 include private as ..
DSCL ties up with IEC
NEW DELHI: Infrastructure firm, DS Constructions Ltd. (DSCL) has tied up with Israel Electric Corporation (IEC) to bid for ultra mega power projects. Under the agreement, DSCL and IEC, the sole integrated electric utility in Israel, would ...
Kingfisher Airlines takes delivery of Airbus planes
NEW DELHI: Kingfisher Airlines has taken delivery of four Airbus A-321s in the past three weeks out of the 43 aircraft that it is buying from the European plane manufacturer. The first of these single-aisle aircraft was delivered in Hamburg, ...
Tata Tele adds one lakh customers in Oct.
NEW DELHI: Tata Teleservices has added 1.01 lakh new customers from Delhi and the NCR region in October, the highest addition for a month. With this, TTSL has registered 32.6 per cent new additions, followed by Airtel with 25.3 per cent and Idea ...
Crayon Capital launches art fund
NEW DELHI: Asset management company, Crayon Capital, on Wednesday launched an art fund worth Rs. 40 crore to invest in a diversified portfolio of select works by leading Indian artists. This close-ended fund requires a threshold investment of ...
Karnataka Bank in non-life joint venture
MANGALORE: Karnataka Bank has joined hands with Allahabad Bank, Indian Overseas Bank, Dabur Investment Corporation and Sompo Japan Insurance Inc., one of the largest non-life insurance companies in Japan, to form a non-life insurance company. ...
Sai Advantium Pharma plans expansion
HYDERABAD: Sai Advantium Pharma, a leading player in contract research and manufacturing for the pharma and biotech companies, is embarking on an expansion in the next 12-18 months by investing $15-20 million. The investment will be used for ...
Wipro's `Personal computing' partner showroom
KOCHI: : Wipro Infotech's Personal computing division has launched its first partner showroom in the city, dedicated to showcasing Wipro products exclusively. M Suresh Kumar, Business Manager, Wipro Infotech, inaugurated the showroom, a press ...
Tata Indicom installs coin box in private buses
KOCHI: : Tata Indicom has introduced coin box installation in private buses for the first time in Kerala here. The first installation was done in a private bus named `Shana,' running between Fort Kochi and Pookkattupadi, a release ...
KOCHI: : SunTech Business Solutions, a provider of relationship-based pricing and centralised billing solutions, has been given the leading placement in Celent's latest report, which analysed the key vendors offering relationship-based pricing ...
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