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Tuesday, December 12, 2006
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No cause for worry: Chidambaram
NEW DELHI: Finance Minister P. Chidambaram on Monday reasoned that the slump in the bourses during the day was not a worrying factor as the banking stocks, which led the slide, would inch back on the basis of good performance. Speaking to ...

LG launches `Time Machine TV'
Consumers can have full control over viewing

CII team for Japan to explore new areas of cooperation
Efforts will be made to remove non-tariff barriers

Swiss Re to buy 26 p.c. in TTK Healthcare
Signs pact with TTK Group and India Value Funds

Jet to operate flights to Bangkok
The airline will offer special inaugural fare

Other Stories



Barometer


Briefly
BoI to buy stake in Indonesia bank
MUMBAI: Bank of India on Monday said it had signed an agreement with the shareholders of Indonesia's PT Bank Swadesi to buy 76 per cent stake in that bank in a deal estimated at $20-25 million. ...

Deutsche Bank to infuse capital
MUMBAI: Deutsche Bank on Monday said it would infuse Rs. 1,125 crore ($253 million) in India, more than doubling the capital base of its India operations to Rs. 2,411 crore. ...

Reliance brokerage firm suspended
MUMBAI: The Securities and Exchange Board of India on Monday suspended Anil Dhirubhai Ambani group's brokerage firm, Reliance Shares and Stock Broking Private Ltd (RSSB), for four months with effect from January 1, 2007 for violations of fair ...

India Telecom 2006 from December 14
NEW DELHI: President A. P. J. Abdul Kalam will inaugurate a three-day telecom conference. `India Telecom 2006,' on December 14. The event is being organised by the Department of Telecommunications in association with FICCI and the Telecom ...

NCDEX's discounts for new contracts
MUMBAI: NCDEX on Monday offered discounts to members for trading in certain new contracts on the basis of differences in grades, delivery location and packaging cost, the exchange said in a circular. ...

Idea files draft red herring prospectus
NEW DELHI: Idea Cellular Limited, an Aditya Birla Group company, has filed a draft red herring prospectus with the Securities and Exchange Board of India for a proposed public issue to raise Rs. 2,500 crore. ...

India willing to pay more for Iran LNG
NEW DELHI: India is willing to pay 50 per cent higher price than the one agreed upon in June last year, to buy five million tonnes of liquefied natural gas (LNG) from Iran. ...

Central Bank revises NRE, FCNR (B) rates
MADURAI: The Central Bank of India has revised the interest rates on non-resident external (NRE) and foreign currency non-resident (banks) (FCNR) (B) deposits across all maturities with effect from December 1. For one year to less than two ...

Tata BlueScope's second facility on stream
CHENNAI: Tata BlueScope Steel, a 50:50 joint venture between Tata Steel and BlueScope Steel of Australia, on Monday inaugurated its second building components and systems manufacturing facility at Bhiwadi, Rajasthan. The plant will produce roof ...

L&T wins Delhi Intl. airport contract
MUMBAI: Larsen & Toubro (L&T) has won a contract valued at over Rs. 5,400 crore from the GMR-led Delhi International Airport Private Ltd. for the expansion and modernisation of the Delhi International Airport. According to a company statemen

Ascott and Rattha to build more properties
CHENNAI: The Singapore-headquartered Ascott Group and the Rattha Group have secured their second and third properties to be developed into international-class serviced residences in Chennai and Bangalore, according to a release. Ascott will hold ...

Alcan recognition for Indian NGO
CHENNAI: Alcan inc., a leading global materials company, and the Prince of Wales International Business Leaders Forum (IBLF), have selected the Rajasthan based NGO `Barefoot College' as the winner of Alcan Prize for sustainability. The Alcan ...

CCS Infotech bags BSNL order
CHENNAI: CCS Infotech has bagged orders worth Rs. 60 lakhs from various BSNL operating regions of South India. The company has received Rs. 27 lakhs from BSNL Trivandrum, Trishur and Kannur (Kerala), Rs. 13 lakhs from BSNL Mangalore (Karnataka) ...




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