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Saturday, December 30, 2006
FIEO committee to study issues in farm exports
Land ceiling laws main hurdle to AEZs
NTPC power project in Trincomalee
Signs pacts with CEB, Sri Lanka Government
Panel to look into problems of handicraft exporters
Fund for human resource development favoured
Current account deficit widens to $6.9 b in Q2
The gap is mainly attributable to oil imports
3 funds pick-up stake in Shriram City Union Finance
Company allots shares on a preferential basis
Sensex ends 2006 on cautious note
MUMBAI: The markets finished 2006 on a cautious note as select blue-chips met with selling that pushed the benchmark Sensex down by 59 points on the last trading day of this year. On a year-on-year basis, the Sensex garnered a record 4388.98 ...
Inflation rate rises to 5.43 p.c.
NEW DELHI: The inflation rate rose to 5.43 per cent during the week ended December 16 from 5.32 per cent in the previous week as essential food items like wheat, bajra and arhar and some manufactured goods became dearer. ...
External debt inches up
NEW DELHI: Higher external commercial borrowings (ECBs), larger deposits from non-resident Indians (NRIs) along with a rise in short-term debt pushed up India's overall external debt by 3.3 per cent or $4.3 billion to $ 136.5 billion in ...
Aurobindo Pharma buys Pharmacin
HYDERABAD: Aurobindo Pharma, a Hyderabad-based generic pharmaceuticals and active pharmaceutical ingredients manufacturing company, has acquired 100 per cent shares of Pharmacin International B.V., a Netherlands-based generic pharmaceutical ...
U.S., India set up forum
WASHINGTON: The U.S. said on Thursday that it had set up a forum with India to facilitate trade in legal services. "`Legal services are integral to today's complex global economy,'' Deputy US Trade Representative Karan Bhatia ...
Union Bank embarks on branch expansion
CHENNAI: Union Bank has ambitious plan of opening 100 branches during the current financial year. The bank has already opened 31 branches during the current year. Recently, the Federation of Indian Export Organisation, New Delhi has awarded FIEO ...
CUB gets shareholders nod for preferential offer
CHENNAI: At the general meeting held on Friday, the shareholders of City Union Bank have accorded consent to the preferential equity offer of 26.65 lakh shares to Larsen & Toubro at Rs. 169 per share. According to a release, this decision is ...
Dopod International opens office
CHENNAI: Dopod International Corporation, a PDA phone and Smartphone provider has announced the appointment of Ajay Sharma as the Regional Sales Manager, Dopod Communications (India) Pvt. Ltd., to oversee its Indian operations. The office in New ...
ATTEST gets ISO 27001 certification
CHENNAI: ATTEST, the testing and certification arm of the global training solutions organisation, Aptech Limited, has been awarded the ISO 27001 certification by British Standards Institutions. The services offered by ATTEST include question bank ...
ABN Amro picks up stake in HCL Tech
MUMBAI: London-based fund ABN Amro Bank has picked up 0.56 per cent stake in HCL Technologies for Rs. 113.67 crore in open market transactions. The bank acquired 18.36 lakh shares of HCL Technologies at a price of Rs. 619 each, in a bulk deal on ...
Cairn India to list on Jan. 9
NEW DELHI: Cairn India, which raised $1.18 billion in an initial public offering earlier this month, is likely to list on the Bombay and National stock exchanges on January 9. "Share allotment will happen by December 29 and the likely date of ...
Alok Sinha to head FCI
NEW DELHI: The Government has appointed Alok Sinha, Additional Secretary in the Ministry of Agriculture as the new Chairman and Managing Director of Food Corporation of India (FCI), the nodal agency for foodgrain procurement and distribution. ...
GK Gupta elected FIEO President
NEW DELHI: The Federation of Indian Export Organisations (FIEO) has elected G. K. Gupta as President for a period of two years. Mr. Gupta, the Managing Director of Vijay Silk House, Mumbai, had been serving as the Vice-President of FIEO before ...
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