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Tuesday, April 03, 2007
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Sensex crashes by 617 points
The recent RBI moves triggered the fall

Symantec opens centre
Second facility in India

Panel suggests reforms to make Mumbai a global financial hub
`Curbs on currency deals should go to make rupee fully convertible'

Draft regulation for investment advisers
MUMBAI: The Securities and Exchange Board of India (SEBI) has issued a consultative paper on regulation of investment advisers that include, banks, chartered accountants, tax consultants, certified financial planners and the media (electronic as ...

Other Stories



Barometer


Briefly
Minimum capital for mortgage companies
MUMBAI: To facilitate housing finance business, the Reserve Bank of India on Monday proposed a minimum capital requirement of Rs. 100 crore for mortgage guarantee companies. Such companies will have a minimum net owned fund of Rs. 100 crore, ...

Tata Steel completes Corus acquisition
LONDON: Tata group's $12 billion takeover of Anglo-Dutch giant Corus Group Plc. reached its culmination with the deal coming into effect from Monday, making Tata Steel the world's fifth largest steel firm. With this, Corus has become a ...

Arcelor-Mittal announces buyback
PARIS: Global steel giant Arcelor-Mittal on Monday announced a share buyback programme to repurchase up to $590 million worth of shares. It said in a statement that the buyback was part of a dividend policy to return 30 per cent of net income ...

Common platform for e-filing for corporates
MUMBAI: Corporates, beginning on Monday, will have to file all mandatory information on a common platform at www.corpfiling.co.in to be maintained by BSE and NSE. ...

Motilal Oswal files draft prospectus with SEBI
CHENNAI: Motilal Oswal Financial Services Ltd. (MOFSL), a financial services company focused on wealth creation for institutional and corporate clients, HNIs and retail customers, proposes to enter the capital market with a public issue through ...

Hero Honda posts higher sales in 2006-07
CHENNAI: Hero Honda Motors clocked sales of 2.78 lakh two-wheelers in March 2007, thus ending the financial year 2006-07 with an impressive cumulative tally of 33.37 lakh units. The company had registered sales of 2.72 lakh units in March 2006 ...

UTV ties up with Hewlett-Packard
BANGALORE: : UTV, the Indian media and entertainment company, and Hewlett-Packard have announced comprehensive projects in the sector in India. The alliance will enable HP to deploy information technology infrastructure and applications at UTV to ...

SAP launches `RFID'
BANGALORE: : SAP, a provider of business software, has unveiled radio frequency identification (RFID) and other auto-identification technologies, enabling companies across many industries to apply the technology in unprecedented ways to solve ...

3i Infotech completes euro 30 m FCCB offering
MUMBAI: : IT solutions provider 3i Infotech has announced that it has successfully launched and priced a Foreign Currency Convertible Bond (FCCB) offering of euro 30 million convertible over a five year period at a conversion price of Rs. 308.63. ...

ITC Infotech in `2007 Global Outsourcing 100'
BANGALORE: ITC Infotech, the fully owned subsidiary of ITC, has been ranked in the Leaders Category for the `2007 Global Outsourcing 100' by the International Association of Outsourcing Professionals, a worldwide body. ...




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