Online edition of India's National Newspaper
Tuesday, December 19, 2006
Liberalise immigration, PM tells developed world
Farm subsidies affecting livelihoods elsewhere
Tata Motors, Thai firm JV for pick-up trucks
The venture will produce one-tonne `Space Cab' in Thailand
Pepsi working with Coke to measure pesticide levels
`Safety and quality of products single highest priority'
SBI Amendment Bill introduced
NEW DELHI: The Union Government on Monday introduced in the Lok Sabha State Bank of India (Amendment) Bill, 2006, to enhance the authorised capital of the bank to Rs. 5,000 crore and enable the Reserve Bank of India to reduce its holding to 51 ...
Statoil to buy Norsk's oil business
OSLO: Norway's Statoil has agreed to acquire the oil and gas activities of Norsk Hydro for about $30 billion, creating a national champion and the world's largest offshore operator. ...
Tatas may bag Mundra project
NEW DELHI: Tata Power has emerged as the lowest bidder for the 4,000 MW Mundra ultra mega power project to be set up in Gujarat. With a tariff of Rs. 2.26 per unit, Tata Power outbid Reliance Energy and four other companies, official sources ...
Public hearing on Power Exchange
NEW DELHI: The Central Electricity Regulatory Commission will discuss with various stakeholders on Tuesday issues related to a proposed Power Exchange, a common platform for electricity trading. ...
Hero Honda to raise bike prices
NEW DELHI: Hero Honda on Monday said it would increase prices across various models by up to Rs. 1,000 from January 1, 2007, to offset higher costs of inputs. ...
SAT ruling on open offer
MUMBAI: The Securities Appellate Tribunal has allowed Heidelberg Cement to go ahead with its open offer for Mysore Cements at Rs. 58 per share, lower than the price ordered by market regulator SEBI. ...
Audi to start production in India next year
NEW DELHI: German carmaker Audi on Monday announced that it would start production of vehicles in India by next year, utilising group company Skoda's facility at Aurangabad and would float a new sales company. "In the autumn of 2007, Audi is set ...
BSNL deploys WiMax network
BANGALORE: Bharat Sanchar Nigam Limited (BSNL) has started deployment of WiMax equipment, Aperto Networks' PacketMax 5000 base stations and subscriber units, in Bangalore, Kolkata, Chennai, Ahmedabad, Hyderabad, Pune and four rural areas across ...
IOB raises term deposit rates
CHENNAI: Indian Overseas Bank has revised upward the interest rates on term deposits ranging from 25 basis points to 100 basis points for various maturities. The revised rate for 7-14 days has been fixed at 3.50 per cent, for 30-45 days at 4.75 ...
Private equity funding for KPR Mills
COIMBATORE: : KPR Mills has raised private equity funding of Rs. 105 crore for its expansion plans. According to a release, the company has embarked on a Rs. 500 crore expansion plan, mainly of spinning and apparel operations. The private equity ...
TCS to expand Uruguay delivery centre
CHENNAI: : Tata Consultancy Services (TCS) has announced that it is expanding its global delivery centre in Uruguay. According to a release, the new site, based in the city of Montevideo, would host over 250 personnel in a dedicated facility with ...
Calsoft centre at Bangalore
CHENNAI: : California Software (Calsoft) has announced the launch of its `Centre of Excellence' in data and telecom solutions at Bangalore. The centre would help the company meet the increasing requirements of its customers, who are mainly ...
Vijai Sales outlet in Vellore
VELLORE: The production of Rs. 1 lakh passenger car by Tata Motors is in the design stage and the car will be launched in 2008, according to S. Krishnan, Vice-President (Commercial), Tata Motors. Addressing a press conference on the occasion of ...
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