The Hindu : Business News : Friday, December 22, 2006

Online edition of India's National Newspaper Friday, December 22, 2006 ePaper

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BUSINESS

FM hints at tax relief for employment-intensive exports
Exporters want DEPB, TUF schemes to be continued

BUSINESS

Orissa Govt. signs MoU with Mittal Steel
A 12-million-tonne plant will be set up in Keonjhar district

Mastek plans centre in Mahindra City
To invest Rs. 200-250 cr. over 3 years

SOHO model to get a boost
Fall-out of BSNL high-speed broadband

Other Stories

Citigroup's Micro Entrepreneur award winners

Global Broadcast to tap market

Welspun, Lone Star form joint venture

Alliance Group to build villas

IDBI, LIC to undertake joint financing

Rupee posts handsome gains

Late buying helps Sensex recover

Barometer

Exchange rates

Bullion rates

Briefly
Banks' tie-up for life insurance JV
NEW DELHI: Bank of India, Union Bank of India and Japanese insurance major Dai-ichi Mutual Life Insurance on Thursday signed a memorandum of understanding to set up a life insurance joint venture in India with an initial capital base of Rs. 150 ...

Royal Enfield to cost Rs. 2,200 more
NEW DELHI: Royal Enfield on Thursday said it would raise the prices of all its models by Rs. 2,200 with effect from January 1, 2007. ...

SEBI bars Gammon India
MUMBAI: The Securities and Exchange Board of India on Thursday banned Gammon India and three other entities from selling their stake in Gammon Infrastructure Project Ltd. for three years. ...

CLB notice to Sangli Bank
NEW DELHI: The Company Law Board on Thursday issued notices to the Maharashtra-based Sangli Bank and its board of directors over the proposed merger with ICICI Bank on a petition from Opulent Venture Capital Trust, a minority shareholder of the ...

SAP initiative for the retail industry
BANGALORE: SAP India on Thursday announced the opening of a SAP Centre of Excellence (CoE) for Retail. The CoE would function out of SAP's Mumbai facility. "We have identified that Indian retailers are increasingly recognising technology as a ...

Moser Baer forays into home video market
CHENNAI: Moser Baer, the largest optical storage manufacturer, on Thursday announced the company's foray into the entertainment industry through the Indian home video market. The company will release video content on DVD and video CD formats ...

Kingfisher Airlines, dishtv form alliance
CHENNAI: dishtv and Kingfisher Airlines have tied up to bring live TV entertainment in the Indian skies. As part of the tie-up, DTH (direct-to-home) player, dishtv, will demonstrate its services on Kingfisher Airlines. The first aircraft ...

Escorts registers sharp rise in turnover
CHENNAI: Escorts has reported a sharp rise in its sales and income from operations at Rs. 1,750.77 crore in the year ended September 30, 2006, against Rs. 1,294.94 crore in the previous 15 months ended September 30, 2005. The net profit before ...

iGATE's verification centre at Bangalore
BANGALORE: : iGATE Global Solutions, an integrated technology and operations company, announced the setting up of an independent `Verification and Validation Centre of Excellence' at it's software development facility in Whitefield, near ...

SIS launches retail brand `e-mall'
CHENNAI: : Sai Infosysytems (SIS), a Gujarat-based IT company, has entered the retail arena. The company has launched the first-of-its kind mall for IT products under the brand name `e-mall.' According to a release, SIS plans to launch 16 ...

Surana board approves $50 million FCCB issue
CHENNAI: The board of directors of Surana Industries, a Chennai-based leading manufacturer of steel, has approved a proposal to raise up to $50 million through placement of foreign currency convertible bonds and equity by way of qualified ...

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