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Barometer Briefly IA, CFM sign MRO JV pact MUMBAI: Indian Airlines and CFM International have signed a memorandum of understanding (MoU) to establish a joint venture maintenance, repair and overhaul (MRO) facility in India for CFM56 engines. CFM International is a 50:50 joint venture ... Essar Telecom to launch retail outlets MUMBAI: Essar Telecom Retail will be introducing a pan-Indian network of 2,500 retail telecom outlets, called TheMobileStore, which will offer telecom solutions besides several value-added services. ... Dow Chem. settles foreign bribe charges WASHINGTON: Dow Chemical Co. agreed to pay a $325,000 civil penalty to settle allegations a unit made improper payments to Indian officials, the U.S. Securities and Exchange Commission ... IOB hikes interest rates CHENNAI: : Indian Overseas Bank has made an upward revision of interest rates on term deposits with effect from February 15. The bank is offering 8.50 per cent for deposits placed for one year but less than three years and 9 per cent for deposits ... Air Deccan to launch new routes BANGALORE: Air Deccan on Wednesday announced the launch of daily flights from Bangalore to Bhubaneswar and Guwahati from March 26. The carrier will also launch a slew of new flights connecting Chennai to Bhubaneswar, Kolkata and Agartala; Delhi ... Tata Indicom offers smallest USB modem MANGALORE: : Tata Indicom will be offering the smallest USB data modem in Karnataka. The product is priced at Rs. 3,850. Tata Indicom would waive the monthly rental of Rs. 425 on the modem for the first two months, says a release from Tata ... Hexaware pays 40 p.c. final CHENNAI: Hexaware Technologies, a leading IT and BPO service provider, has recommended a final dividend of 40 per cent, taking the total to 80 per cent for the year ended December 31, 2006. The turnover has risen to Rs. 848.21 crore from Rs. ... CCS Infotech's lower net profit CHENNAI: CCS Infotech, a Chennai-based leading IT solutions provider, has posted a total turnover of Rs. 15.52 crore in the quarter ended December 31, 2006, against Rs. 14.59 crore in the corresponding period in the previous year. The net ... SBI Life launches `Unit Plus II' CHENNAI: : SBI Life has announced the launch of its `Unit Plus II' pension product. The uniqueness of the product stems from the `Guaranteed Addition' feature, which is currently offered by SBI Life in the pension category in India. `Guaranteed ... HDFC Bank signs MoU with Italian bank CHENNAI: : HDFC Bank and Banca Monte dei Paschi di Siena of Italy, the world's oldest bank, on Thursday signed a Memorandum of Understanding (MoU) to offer banking services to each other's corporate customers engaged in business activities in the ... Read Today's supplements: Friday Review | Young World | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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