Online edition of India's National Newspaper
Friday, January 05, 2007
Private parties to operate rail container service
Railways inks pact with 14 players including Concor
Cess on readymade garments goes
NEW DELHI: The Union Cabinet on Thursday decided to abolish the Textiles Committee cess on readymade garments, fulfilling a long-pending demand of the industry. "The exemption of readymade garments from the Textiles Committee cess will ...
Sensex loses 143 points
MUMBAI: The BSE Sensex on Thursday reacted sharply downwards by 143 points and fell below the 14000-mark on fresh bouts of profit taking, washing out major part of gains recorded during the first two days of the New Year. Domestic mutual ...
Ban on sugar export partially lifted
NEW DELHI: The Central Government has notified partial lifting of the ban on sugar exports following easing of domestic prices and adequate ...
FDI proposals worth Rs 2,792 cr. cleared
NEW DELHI: The Union Government has cleared 20 FDI proposals worth Rs. 2,792 crore, including the one relating to foreign investment of Rs. 2,500 crore in Idea Cellular Ltd. FIIs, Foreign Venture Capital Investors and other entities would raise ...
Hindujas interested in Hutch
NEW DELHI: The Hindujas on Thursday announced their interest in acquiring Hutch Essar, joining Reliance Communications and British telecom giant Vodafone in the race for the country's fourth-largest mobile operator. ...
Dabur launches new anti-caner NDDS
NEW DELHI: Dabur Pharma on Thursday launched in the domestic market a new indigenously developed anti-cancer drug delivery system, ...
Mohan Clothing to expand presence in S. India
CHENNAI: : Gurgaon-based Mohan Clothing Co Pvt. Ltd., which manufactures menswear under the `Blackberrys' brand, proposes to expand its retail presence in South India. Badal Chaudhry, General Manager (Sales and Marketing), told media persons here ...
IOB revises FCNR, NRE rates
CHENNAI: Indian Overseas Bank has revised its FCNR interest rates upward with effect from January 1 for all foreign currency deposits. The revised interest rate on U.S. dollar deposits for one year to less than two years is 5.33 per cent against ...
TMB introduces new scheme
CHENNAI: Tamilnad Mercantile Bank has introduced a deposit product, TMB Double. The amount invested under this scheme will be doubled after eight years and three days for the general public and seven years nine months and 14 days for senior ...
CUB offers CBS in all its branches
CHENNAI: City Union Bank has announced that core banking solution (CBS) was now available at all the 155 branches of the bank. Core banking solutions, developed by TCS for CUB, enables CUB consumers to transact their business anywhere. The bank ...
SBI Life infuses Rs. 75 crore capital
CHENNAI: SBI Life Insurance has announced the infusion of additional capital of Rs. 75 crore to take its capital base up to its authorised share capital limit of Rs. 500 crore. S. Krishnamurthy, Managing Director and CEO, said in a release that, ...
USFDA nod for Aurobindo Pharma's two drugs
HYDERABAD: Aurobindo Pharma has received two more approvals from the U.S. Food and Drug Administration (USFDA) for bisoprolol 5 mg and 10 mg and amoxicillin oral suspension 200mg/5ml and 400 mg/5ml, taking the total to 35 generic approvals from ...
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