Online edition of India's National Newspaper
Wednesday, January 24, 2007
President assents to SLR ordinance
NEW DELHI: President A. P. J. Adbul Kalam on Tuesday gave assent to the ordinance giving more flexibility to the Reserve Bank of India on statutory requirement for banks to park their money in government bonds, official sources said. The move ...
IRDA slashes third party premium
NEW DELHI: The Insurance Regulatory and Development Authority (IRDA) on Tuesday announced a partial roll back of the hefty increase in third party motor premium on heavy vehicles from January 1. The IRDA had reduced the premium in the case of ...
SC admits SEBI appeal on refund
NEW DELHI: The Supreme Court on Tuesday admitted an appeal by the Securities and Exchange Board of India (SEBI) against Delhi High Court's order that asked the market regulator to refund a fee charged from brokers for obtaining multiple ...
GCI Solutions buys IVL India
BANGALORE: GCI Solutions Pvt. Ltd, the Indian subsidiary of the U.S.-based IT services and solutions firm, Global Consultants, has acquired business technology consulting firm IVL India in an all-cash deal for an undisclosed sum. The privately ...
VAT compliant software from Tally
CHENNAI: Tally (India) Pvt. Ltd., an accounting software company, has launched `Tally 9' an accounting and inventory software with VAT (Value Added Tax) compliance for Tamil Nadu. The software, besides incorporating statutory features, offers ...
Universal Cables ties up with Furukawa
KOLKATA: Universal Cables, an M. P. Birla group company, has entered into a technology tie-up with Furukawa of Japan to make extra-high voltage (EHV) cables up to 400 kV capacity. Top company sources said that this was the first time that such ...
IOB raises term deposit rates
CHENNAI: Indian Overseas Bank has, with effect from January 19, made upward revision of interest rates on term deposits. The bank is offering 8.50 per cent for deposits placed for 12 months to less than 24 months and 7.25 per cent for deposits ...
Acer launches small form factor PC
BANGALORE: Acer India has launched its Small Form Factor (SFF) personal computer device, MaxMini, for the desktops aiming to change the computing experience of users in the home and small and medium enterprise segments. Addressing a press ...
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