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Friday, February 23, 2007
Subsidy for chip manufacturing
Prudential norms for NBFCs
CHENNAI: The Reserve Bank of India on Wednesday issued two separate notifications on prudential norms for deposit-taking and non-deposit taking non-banking finance companies "for meticulous compliance by all concerned". ...
Govt. invites bids for Maruti stake
NEW DELHI: The Union Government on Thursday started the process of disinvestment of its remaining 10.27 per cent stake in Maruti Udyog Ltd. by inviting bids from public sector financial institutions and mutual funds. Unloading of the Government ...
Arcelor Mittal in race to acquire Sesa Goa
LONDON: Arcelor Mittal is in the fray to acquire India's top private iron ore producer Sesa Goa for about $1 billion, PTI reports quoting a media ...
Banned from trading in Atlanta shares
MUMBAI: Securities and Exchange Board of India (SEBI) on Thursday banned 16 entities from trading in the shares of Atlanta Ltd. The banned entities include even the promoters of Atlanta, a SEBI order ...
Page Industries taps market to fund expansion
CHENNAI: Page Industries, the exclusive licensee of the U.S. based innerwear maker Jockey International for India, Sri Lanka, Nepal, Bangladesh and Maldives, is entering the capital market with an initial public offer of Rs. 10 each through book ...
ICL to consider merger of Visaka Cement
CHENNAI: India Cements has informed the Bombay Stock Exchange that a meeting of the board of directors of the company will be held on February 28 to consider a proposal of merger of Visaka Cement Industry (the company's associate company) with ...
RAS gets order from TCS
HYDERABAD: RAS Infotech, a network security product company, secured an order for `Mail Marshal' for SMTP from Tata Consultancy Services. RAS is a distributor for Marshal Ltd., a U.K.-based security solutions company with products such as Mail ...
Global meet for PR professionals in Bangalore
CHENNAI: : The Public Relations Council of India will organise a global meet for Public Relations (PR) and Communications professionals from March 15-17 at Hotel Chancery Pavilion in Bangalore. The theme for the seminar is `Metamorphosis: as ...
Henkel to expand Pune facility
CHENNAI: : Henkel has confirmed that it will expand its existing plant in Pune to incorporate a solder paste blending facility for its solder paste products. The new addition will be dedicated to both tin-lead and lead-free solder paste blending ...
Five UBI-sponsored RRBs merged
KOLKATA: Five regional rural banks (RRBs) sponsored by United Bank of India (UBI) were amalgamated on Thursday to form Bangiya Gramin Vikash Bank (BGVB) with a total business of Rs. 4,130 crore and a credit-deposit ratio of 44 per cent. The bank ...
Authorised participants for `Gold BeES'
CHENNAI: : Benchmark Asset Management Company Pvt. Ltd. has announced the names of authorised participants/market makers for `Gold BeES,' the first Gold Exchange Traded Mutual Fund launched in India. It has appointed some of the leading bullion ...
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