Online edition of India's National Newspaper
Saturday, December 09, 2006
CRR up by 50 basis points
To be effected in two phases on December 23 and January 6
Transporters oppose premium hike in third party insurance
NEW DELHI: The All India Motor Transport Congress (AIMTC) and the All India Confederation of Goods Vehicle Owners' Association (ACOGOA) on Friday voiced their concern over the hike in premium rates for the third party liability cover in motor ...
JK Cement's new plant in Karnataka
Foundation laid for the project at Muddapur near Bagalkot
Schwing Stetter's third unit to go on stream
Will notch up a turnover of Rs. 1,000 cr.
ICICI board to consider Sangli Bank merger
MUMBAI: ICICI Bank on Friday said it was keen to acquire Sangli Bank Ltd. as part of efforts to enhance its rural branch network. The bank has convened a board meeting on Saturday to consider the proposal for amalgamation of Sangli Bank with ...
Inflation rate declines to 5.30 p.c.
NEW DELHI: The inflation rate declined to 5.30 per cent for the weekended November 25 from 5.45 per cent in the previous week, mainly due to fall in the prices of food items. ...
Forex reserves up $2.707 b
MUMBAI: India's forex reserves went up by $2.707 billion to $175.489 billion during the week ended December 1 from $172.782 billion during the week ended November 24. ...
Oracle raises open offer price for i-flex shares
MUMBAI: In a bid to sweeten its earlier offer to the shareholders of i-flex, Oracle has revised the offer price for the second time to Rs. 2,100 per share to buy 34.14 per cent stake in the domestic software ...
Meet on Mobile, Ubiquitous Computing
CHENNAI: The Computer Society of India in association with the School of Computer Sciences, Vellore Institute of Technology University, is organising an international conference, ObCom2006, on the theme `Mobile, Ubiquitous & Pervasive Computing .
Spentex consolidates Uzbekistan presence
MUMBAI: Spentex Industries, the textiles arm of the CLC Group, has acquired the immovable assets of Farg'ona Ip-Gazlama Ishlab Chiqarish in Uzbekistan to set up a processing project for dyeing finished fabric (through its Dutch subsidiary) in ...
UTV Software buys majority stakes in 2 firms
CHENNAI: UTV Software Communications Ltd. has announced its foray into gaming through the proposed acquisitions of controlling stakes in Ignition Entertainment Ltd. (Ignition), a console gaming company based in the U.K., and Indiagames Ltd (IG), ...
Compulink Systems opens office in Singapore
MUMBAI: Compulink Systems has announced the opening of its new office in Singapore. The office will be responsible for sales and support to the Asia Pacific region. It also announced signing up TekSoft Consulting in Singapore and ECC ...
Kun Exclusive to showcase BMW cars
CHENNAI: BMW India has announced the appointment of Kun Exclusive as its dealership partner in Chennai. Located on the GST Road and covering 20,000 sq. ft., Kun Exclusive had already begun construction of an ultra-modern showroom integrated with ...
Amex Information is now Tutis Technologies
CHENNAI: The name of Amex Information Technologies, a Mumbai-based listed IT company, has been changed to Tutis Technologies. Tutis means `secured' in Latin language. The company has biometric products in the security field and hence it was ...
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