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Friday, March 16, 2007

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Vodafone, Essar reach accord
Ravi Ruia will be the mobile company Chairman and Sarin Vice-Chairman

Early gains not held on BSE
MUMBAI: A recovery in Asian markets after an overnight meltdown notwithstanding, the benchmark Sensex remained under pressure and surrendered major part of early gains, but managed to end in the positive terrain. The Sensex opened ...

GAIL, RIL ink umbrella pact
Cos. to share pipeline capacity

Tata Tele offers Motorola handsets
The CDMA phones are priced between Rs. 1,699-2,849

Red Hat releases Linux 5
It will ride the wave of new e-governance initiatives

Rupee stages recovery
MUMBAI: The rupee ended higher at 44.19/20 on Thursday against the U.S. currency, expecting more foreign funds on stabilisation in equity markets after overnight meltdown. In lacklustre activity at the interbank foreign exchange market, the ...

Other Stories


New rules proposed for IDRs
CHENNAI: The Union Ministry of Company Affairs has proposed certain changes in the rules notified in 2004 for issue of Indian Depository Receipts (IDRs) with a view to bringing them in line with regulations and practices in other countries, ...

Areva raises bid for REpower
NEW DELHI: The French atomic power giant, Areva, on Thursday raised its bid for Germany's REpower Systems to 1.14 billion euro, outbidding Indian wind power firm Suzlon Energy's 1.023 billion euro offer made last month. ...

Maruti increases car prices
NEW DELHI: Maruti Udyog Ltd. on Thursday increased the prices of all its models by up to Rs. 1,017 on account of increased cess announced in the Union Budget 2007-08. ...

NTPC, CIL to jointly set up power projects
NEW DELHI: National Thermal Power Corporation and Coal India on Thursday signed a memorandum of understanding to form a joint venture company to set up integrated power plants of 3,000 to 4,000 MW each and develop coal blocks. ...

IndiGo starts daily services in two sectors
NEW DELHI: IndiGo, the low fare private domestic carrier, has commenced daily non-stop services on the Delhi-Mumbai and Delhi-Chennai sectors at convenient timings. The carrier will further improve connectivity between Delhi and Mumbai by ... cricket website
CHENNAI:, the social networking site connecting Indians worldwide, has announced the launch of a new cricket website,, offering a `ringside' view of World Cup 2007 fixtures. Former Indian cricketers W. V. ...

LVB to market Bajaj Allianz products
BANGALORE: Lakshmi Vilas Bank (LVB) signed a memorandum of understanding with Bajaj Allianz General Insurance here on Thursday to market the latter's general insurance products. The bank's Chairman and CEO, R. M. Nayak, and Bajaj Allianz's CEO, ...

L&T bags Rs. 1,400 crore EPC order
CHENNAI: : Larsen & Toubro Ltd. (L&T) and its international consortium partners of Paul Wurth Italia and India have bagged an EPC (Engineer-Procure-Construct) order, valued at over Rs. 1,400 crore for the expansion of Vizag Steel plant of ...

AppLabs partners Borland Software
HYDERABAD: : AppLabs Technologies, a software testing company, has signed a global partnership agreement with Borland Software Corporation, a global major in Open Application Lifecycle Management. AppLabs and Borland will provide customers with a ...

UTI MF declares dividend under GSF Services
MUMBAI: UTI Mutual Fund declared a dividend of 101 per cent (Rs. 10.10 per unit of the face value of Rs. 10) under the UTI-Growth Sector Fund-Services (UTI-GSF-Services) scheme. The record date is March 16. The NAV as on March 9 was Rs. 33.88 ...

ECGC gets MoU award for excellence
MUMBAI: Export Credit Guarantee Corporation of India Ltd. (ECGC) has been awarded the MoU award for excellence in performance for 2005-06. A. V. Muralidharan, Chairman and Managing Director, ECGC, received the award from Prime Minister Manmohan ...

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