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Tuesday, March 27, 2007
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Mpingi

Sensex down 162 points
MUMBAI: The stock markets turned distinctly weak on all-round selling amid squaring up of long positions that took its toll on shares' values and the benchmark Sensex tumbled by 162 points. Bank, auto and IT shares led the fall and were at ...

BUSINESS
Seize opportunities at home, Manmohan tells steel majors
Visualises massive growth in demand from construction sector

Hyundai Motor to scale up investment
Keen to take advantage of Ultra Mega Integrated Automobile Policy of Tamil Nadu

Hindujas plan tie-up in UAE
Focus on health care in India

Other Stories



Barometer


Briefly
FIPB to take up NSE stake sale
NEW DELHI: The Foreign Investment Promotion Board (FIPB) will take up the proposals of Citigroup, Actis and Morgan Stanley to pick up a total of six per cent stake in the National Stock Exchange at its meeting on March 29. ...

KOEL EoU in Maharashtra
MUMBAI: Kirloskar Oil Engines Ltd. (KOEL) plans to invest Rs. 550 crore in setting up an export oriented unit (EoU) to make generating sets and a world-class engine manufacturing plant at Kagal in Maharashtra. The company signed an MoU with the ...

NALCO to get Navratna status
NEW DELHI: Union Minister of Mines Sis Ram Ola on Monday announced that the Government had decided to confer the `Navratna' status on National Aluminium Company Limited (NALCO). This would help the company take fast investment decisions and get ...

ICICI Securities renamed
MUMBAI: ICICI Securities Limited, which is authorised to undertake Primary Dealer business, has been renamed as ICICI Securities Primary Dealership Limited with effect from March 1, ...

Reliance Com. ties up with Intrex India
NEW DELHI: : Reliance Communications has tied up with Intrex India, an Essel Group company, for a service that will enable users to book railway tickets through mobile phones using `ItzCash' cards. `ItzCash' is a multipurpose prepaid card from ...

Ammana Bio IPO opens on March 28
HYDERABAD: Ammana Bio Pharma, a Hyderabad-based company, has announced the initial public issue of equity shares of Rs. 10 each for Rs. 21.66 crore through book building and fixed a price band of Rs. 12-14 per share. Addressing a press ...

85 p.c. interim from Sundaram Finance
CHENNAI: The board of directors of Sundaram Finance, at their meeting held on March 16, declared an interim dividend of 85 per cent for 2006-07 on the paid-up capital of Rs. 27.78 crore. The dividend will be paid to those shareholders whose ...

Electro Constructions' holiday home projects
CHENNAI: Electro Constructions of Chennai, a part of the Rs. 100 crore Electro Group, is targeting a niche segment — the lifestyle oriented and first time home buyers. The company is developing two gated holiday home community projects on ...

Dhanus Tech. in pact with 7Hills
COIMBATORE: Dhanus Technologies has tied-up with 7Hills, a software solutions provider for the supply chain industry. With this agreement, the vehicle tracking service from Dhanus (FleeTrac) can be integrated with eBizNet from 7Hills to offer ...

Jet, Deccan, Kingfisher bag excellence awards
NEW DELHI: The Air Passengers Association of India (APAI) on Monday presented `APAI Excellence Awards' to three private airlines. While Jet Airways was chosen for the best full service airline, Air Deccan bagged the award for being the best low ...




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