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Thursday, December 21, 2006
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BUSINESS
Centre unveils policies on city gas, pipeline projects
City gas distribution (CGD) projects will have marketing exclusivity City gas distribution projects will have marketing exclusivity

DLF to construct retail mall at MRC property
The Madras Race Club will lease 5.56 acres

Sensex drops in roller-coaster ride
MUMBAI: The Bombay Stock Exchange benchmark, Sensex, had a roller-coaster ride on Wednesday, but ended 42 points down on selling by wary operators on the back of sustained offloading by foreign funds despite positive Asian markets. Foreign ...

Panel on funding infrastructure
To submit report in six weeks

Other Stories



Barometer


Briefly
Major agenda for Cabinet
NEW DELHI: The Union Cabinet is likely to take up on Thursday the issues of increasing the FDI limit in the insurance sector, investment options for the New Pension Scheme, guidelines for enhanced FDI limit in the telecom sector at 74 per cent ...

Tech Mahindra bags $1 b BT deal
MUMBAI: Tech Mahindra on Wednesday announced the signing of a five-year deal to provide BT with strategic sourcing services. This contract is expected to fetch revenue for Tech Mahindra in excess of $1 billion over this period. ...

TDSAT reserves order on pay channels
NEW DELHI: The Telecom Dispute Settlement and Appellate Tribunal (TDSAT) has reserved its order on regulator TRAI's decision to fix Rs. 5 per pay channel as fee for subscribers in CAS (Conditional Access System) areas. ...

SEBI to host IOSCO conference
MUMBAI: The Securities and Exchange Board of India (SEBI) is hosting the 32nd Annual Conference of the International Organization of Securities Commissions (IOSCO) in Mumbai from April 9-12, ...

Ruia submits Rs. 600-cr. Dunlop revival plan
KOLKATA: The new promoters of Dunlop India have submitted a Rs. 600-crore revival package to the Board for Industrial and Financial Reconstruction (BIFR). Talking to the press here on Wednesday after addressing the first annual general meeting ...

Four Soft to acquire Transaxiom
MUMBAI: Four Soft, a leader in software solutions for the transportation and logistics vertical, has entered into an agreement to acquire 100 per cent of Denmark-based Transaxiom Holding, a global provider of transportation and logistics ...

Gitanjali Gems buys out U.S. chain store
CHENNAI: The Rs. 2,500-crore Gitanjali Gems on Wednesday announced the acquisition of Samuels Jewellers, the eighth largest jewellery chain in the U.S. Gitanjali Gems has acquired a 97 per cent stake in the `Speciality Retailer', which operates ...

UTI MF launches new scheme
CHENNAI: UTI Mutual Fund announced the launch of UTI Long Term Advantage Fund from December 21. The new fund offer (NFO) closes on March 20, 2007. Purchase of units will be available only during the NFO period at the face value of Rs. 10 per ...

Sutherland's third centre in Philippines
CHENNAI: Sutherland Global Services, a New York-headquartered business process outsourcing (BPO) company with offshore operations in India, opened its third centre at Clark in the Philippines on Tuesday. It already has two facilities in Manila. ...




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