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Tuesday, December 05, 2006
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India, France to resolve wine dispute through dialogue
200-member French delegation arrives to give fillip to investment

Draft norms on bank lockers
RBI emphasis on Know Your Customer

Two Indian cos. among technology pioneers
The pioneers are recognised by WEF in biotechnology, energy and IT

Rajesh Exports forms joint venture
BANGALORE: Gold jewellery manufacturer, Rajesh Exports Ltd. (REL), has forged a joint venture with fashion watches and accessories major Fossil of the U.S. to manufacture and market an array of brands in India and to jointly develop jewellery ...

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Barometer


Briefly
Ordinance to offer USO Fund to mobile cos.
NEW DELHI: The Central Government has promulgated an ordinance to provide funds from the Universal Service Obligations Fund to mobile companies for entering rural areas, pending Parliament's nod to the Indian Telegraph (Amendment) Bill, 2006. ...

Duty-free pulses import extended
NEW DELHI: The Central Government on Monday extended duty-free import of pulses by four months till August 2007, as part of steps to rein in the rising prices of the commodity. The Government had earlier allowed pulses import at zero per cent ...

Tata Steel in JV with NYK Line
MUMBAI: Tata Steel and the Japan-based Nippon Yusen Kabushiki Kaisha (NYK Line) have entered into a joint venture agreement for setting up a shipping company. The joint venture company would cater to dry bulk and break bulk cargo. ...

EU wants to scrap duty on capital issues
BRUSSELS: The European Commission said on Monday it was proposing to eliminate by 2010 a duty on companies raising capital, as part of a push by Brussels to improve competitiveness in the European ...

IAG to buy Equity
SYDNEY: Insurance Australia Group (IAG) announced Monday it will buy British motor insurer Equity Insurance Group for 570 million pounds ($1.13 billion). ...

Bank of New York to buy Mellon Financial
NEW YORK: Bank of New York Co. has agreed to take over Mellon Financial Corp. in a $16.5-billion (euro12.5 billion) all-stock deal that will create the world's largest securities servicing company and one of the biggest asset managers, the ...

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