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Saturday, March 03, 2007
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Inflation moderates but challenges remain
Decline in food articles helps tame price rise

Corporates rush to announce interim dividend
CHENNAI: The rise in dividend distribution tax from 12.5 per cent to 15 per cent in the Union Budget has given rise to expectations that many companies listed on the bourses may come out with the announcement of interim dividends before March ...

NELP-VI deals signed
Seventh round slated for April, says Minister

Sensex down 273 points
MUMBAI: The stock market failed to sustain the recovery on Friday and tumbled by a hefty 273 points due to continued pull out by foreign institutional investors compelling retailers to book profits at the weekend session. Foreign institutional ...

M&M unveils new Bolero variant
Priced at Rs. 4.58 - 5.58 lakh (ex-showroom Bangalore)

Other Stories



Barometer


Briefly
Forex reserves up $4.21 b
MUMBAI: Forex reserves increased by $4.212 billion to $193.124 billion during the week ended February 23 from $188.912 billion during the week ended February 16. ...

U.K. bank stops calls to India centre
MUMBAI: The booming Indian call centre industry received a jolt with Britain's largest provider of consumer loans, Lloyds TSB Group, deciding to stop all customer calls to its centre here after protests from unions and complaints from its ...

Corus officials arrive at Tata Steel's plant
JAMSHEDPUR: A high-level team of the Anglo-Dutch steel maker, Corus, on Friday arrived at Tata Steel's plant here to attend the Founder's Day celebrations on Saturday. The Corus team includes Chairman Jim Leng and Chief Executive Philippe ...

NDTV gets FIPB nod for investment
NEW DELHI: The FIPB has approved foreign investment to the tune of Rs. 585 crore by NDTV Networks UK for investment in NDTV Imagine and NDTV ...

TRAI consultation paper on DTH services
CHENNAI: : The Telecom Regulatory Authority of India has released a consultation paper on issues relating to DTH (Direct-To-Home) services. Various regulatory issues arising out of the provision of the DTH television service have been discussed ...

Quintegra to set up another centre in Malaysia
CHENNAI: Quintegra Solutions has set up one more development centre in Malaysia that can house more than 200 people. According to a release, the company has invested over $1 million for its Malaysian presence. The company is looking to acquire ...

Wipro Tech in pact with Apriso of U.S.
BANGALORE: Apriso Corporation of the U.S., a provider of adaptive software platforms for global operations execution, and Wipro Technologies on Friday announced a new partnership agreement to serve global manufacturing enterprises seeking ...

Nataraj Ceramic bags orders
TIRUCHI: Leading high alumina refractories manufacturer, Shri Nataraj Ceramic and Chemical Industries Limited (SNCCIL) has been awarded orders worth Rs. 34 crore to provide Grasim Industries Cement Division and Ultratech Cement (Aditya Birla ...

FMC India's first factory on stream
BANGALORE: : FMC India, Bangalore, has commissioned its first factory in India near Hyderabad to manufacture oranolithium compounds used in the bulk drugs industry. The product is extensively used in life-saving drugs to treat cardiovascular ...

Zolved.com launched
HYDERABAD: : IPTouch Software India Pvt. Ltd. has launched its Web 2.0 service - Zolved.com . Chief Executive Officer Ratan Tipirneni said at a press conference here that the service would combine powerful search technologies, global ...

Subex Azure's capital raising exercise
BANGALORE: Subex Azure, a leading vendor of revenue maximisation solutions for telecom operators, on Friday announced that it has successfully launched and priced an offering of $180 million FCCBs. The company will utilise part of the proceeds ...

Senior appointments
CHENNAI: The following senior appointments have been announced by the companies concerned: Rathin Basu appointed as Managing Director of Areva T & D India Ltd and Country President of Areva T&D India Region; MAARG Constructions has appointed




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