Online edition of India's National Newspaper
Saturday, December 16, 2006
Bill for trading in securitised paper
Powers of regulation will be vested with SEBI
WB predicts slower GDP growth in 2008
Tighter financial, fiscal conditions to impact economy
Gujarat Ambuja to expand capacity
MUMBAI: Gujarat Ambuja Cements (GACL) is enhancing its capacity by six million tonnes at a capital expenditure of around Rs. 2,500 crore. According to a company statement, the board of directors has approved the setting up of a new three million ...
Hutchison Essar joins hands with NTT DoCoMo
To offer i-mode mobile Internet services
Damas to expand India operations
To invest Rs. 180-200 cr. this year
IOC ties up with Sinopec of China
NEW DELHI: Indian Oil Corporation (IOC) has tied up with China's Sinopec for cooperation in refining, petrochemicals and oil and gas exploration and production in third countries. A memorandum of understanding has been signed by the IOC ...
AEPC selects 3 key areas in apparel sector for new impetus
Inflation rate falls to 5.16 p.c.
NEW DELHI: The Inflation rate declined to 5.16 per cent for the week ended December 2 from 5.30 per cent in the previous week mainly due to a fall in the prices of fuel and food items. ...
StanChart, First Data form alliance
MUMBAI: Standard Chartered and First Data International have entered into an agreement to provide merchant acquiring services to merchants across Asia. The two would form a new company, Merchant Solutions Pte Ltd., to be headquartered in ...
Citicorp offloads stake in Suzlon
MUMBAI: Foreign fund house Citicorp International on Friday said it had offloaded 0.6 per cent stake in Suzlon Energy for Rs. 223.37 crore in an open market transaction. ...
CSN drops bid for Wheeling Pittsburgh
LONDON: Brazilian steelmaker CSN, which has rivalled Tata Steel's bid for Anglo-Dutch company Corus, has pulled out of a bidding war for a U.S.-based company Wheeling Pittsburgh Corp. At the same time, CSN said in another regulatory filing here ...
Nikko, Ambit to form joint venture AMC
TOKYO: Nikko Asset Management Co., Ltd. (Nikko AM) of Japan and Ambit RSM Pvt. Ltd. (Ambit) on Thursday reached an agreement to work towards the establishment of an asset management joint venture in India. Nikko AM and Ambit formalised their ...
`BSNL Tunes' for postpaid mobile subscribers
CHENNAI: BSNL Chennai Telecom Circle has become the first BSNL circle to launch BSNL Tunes, the value-added service called Ring back tone to all its postpaid mobile subscribers. The service has been launched on the short code 567, according to a ...
MSN India partners Astrolife.com
CHENNAI: Astrolife.com on Friday announced its partnership with MSN India, through which Astrolife will power MSN India's Astrology channel. This partnership offers astrology buffs astrology related content and services. Users can log on ...
UTI MF launches Capital Protection Scheme
CHENNAI: UTI Mutual Fund has announced the launch of a new scheme UTI Capital Protection Oriented Scheme-Series I from December 26. The new fund offer (NFO) closes on January 25. Purchase of units will be available only during ...
Financial Technologies raises $100 m
CHENNAI: Financial Technologies (India) Ltd. has successfully raised $100 million by issuing foreign currency convertible bonds. The bonds will be convertible into shares at Rs. 2,362 per share, that is, at a premium of 20 per cent to the ...
Gupta Synthetics' new project
MUMBAI: Gupta Synthetics, a leading player in the synthetic yarn industry, has approved plans for a diversification project, involving an investment of Rs. 223 crore. The project will come up at the company's Silvassa unit, for the manufacture ...
Niche becomes Unichem's 100 p.c. subsidiary
CHENNAI: Unichem Laboratories acquired the balance 40 per cent stake in its subsidiary, incorporated in the U.K., Niche Generics, from Group of Managers of the subsidiary. Prior to this acquisition, Unichem held 60 per cent majority stake in ...
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