Online edition of India's National Newspaper
Saturday, January 13, 2007
ePaper
Online edition of India's National Newspaper Saturday, January 13, 2007 ePaper |
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Barometer Briefly Inflation rate jumps to 5.58 pc NEW DELHI: Breaching the upper range of the Reserve Bank of India's target of 5.5 per cent for this fiscal, the inflation rate jumped to 5.58 per cent for the week ended December 30 owing to higher prices of food articles, some fuel items and a ... Nicholas Piramal, Eli Lilly sign drug deal MUMBAI: Nicholas Piramal on Friday signed an agreement with the U.S.-based Eli Lilly for the development of a drug for metabolic disorders. By this agreement, Eli Lilly has licensed a patented drug for phase I and phase II clinical trials. ... Reliance plans to list Flag Telecom on LSE NEW DELHI: Anil Ambani Group company Reliance Communications, which is in the process of bidding for Hutch-Essar, is planning to list its undersea cable business unit Flag Telecom in London to raise over $500 million. ... Ispat signs MoU with Jharkhand Government MUMBAI: Ispat Industries has informed the Bombay Stock Exchange that the company has entered into a memorandum of understanding (MoU) with the Jharkhand Government for setting up an integrated steel plant. The proposed Rs. 6,750 crore steel ... Development Credit Bank unveils Loan Fest'07 MUMBAI: Development Credit Bank (DCB) has announced DCB Loan Fest'07 from this month, in all the 72 branches of DCB. The DCB Loan Fest 07 offers various types of loans such as easy business loans, working capital loans, loans for commercial ... UTI-ETSP declares 20 p.c. dividend CHENNAI: UTI Equity Tax Savings Plan (UTI-ETSP) has declared a tax-free dividend of 20 per cent (Rs. 2 per unit on the face value of Rs. 10). The record date for the dividend is January ... Indbank Merchant Banking launches online portal CHENNAI: Indbank Merchant Banking Services has launched IndbankOnline , the online trading portal system that enables customers to carry on dealings in stocks and shares from anywehere. The portal was launched on January 10 by K. C. ... Canara Bank's new depository services in Chennai CHENNAI: Canara Bank has opened its second depository service centre at Mylapore, Chennai. The bank is a participant of NSDL. According to a release, the bank is not charging for account opening. ... Surana Industries raises foreign holding limit CHENNAI: Surana Industries is raising the shareholding limit of foreign investors to 75 per cent from 40 per cent. The company, at its EGM held on Friday, also passed a resolution to issue foreign currency convertible bonds/global depository ... Tourism Australia to open office in India CHENNAI: : Tourism Australia will open an office in India in 2007, most likely in Mumbai, to take advantage of increasing tourism opportunities. According to a release, visitors to Australia from India grew by 33 per cent to 78,900 in 2005-06, ... Gera Developments launches `SkyVillas' CHENNAI: : Gera Developments, a real estate company, has announced the launch of `SkyVillas,' an exclusive product that offers premium three and four-bedroom homes. According to a release, the company had recently entered into a joint venture ... ICICI Bank introduces `LOTS' car loans CHENNAI: : ICICI Bank has introduced LOTS (Loan on the spot), a new initiative in its car loans segment for its existing savings account customers. LOTS will facilitate easy loans and customers could get a pre-approved offer on swiping the debit ... Read Today's supplements: Metro Plus | Property Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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