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Saturday, April 14, 2007
Forex reserves touch $200-b mark
MUMBAI: India's forex reserves increased by $1.141 billion to $200.325 billion during the week ended April 6 from $199.179 billion in the previous week, according to figures released by the Reserve Bank of India here on Friday. ...
Inflation rate falls to 5.74 p.c.
NEW DELHI: The inflation rate fell below six per cent after more than two months and stood at 5.74 per cent during the last week of 2006-07 against 6.39 per cent a week earlier despite rise in prices of major food products as well as some fuel ...
Cipla told to pay Rs. 748 cr. penalty
MUMBAI: Cipla on Friday said it had received notice from the Government to pay Rs. 748.27 crore for alleged overcharging of drug prices, but termed it as contrary to Supreme Court orders. ...
ICRA lists on stock exchanges
MUMBAI: Credit rating agency ICRA on Friday surged by 166.66 per cent on its debut trade on the Bombay Stock Exchange and settled at Rs. 797.60 at the end of the trading session. On the National Stock Exchange, the scrip witnessed a similar ...
Birla Sun Life MF launches equity fund
CHENNAI: : Birla Sun Life Mutual Fund has announced the launch of `Birla Sun Life Long Term Advantage Fund - Series 1.' It is a 3-year closed-end equity fund, which aims at generating consistent long-term capital appreciation by investing ...
GN Bajpai to head FPSBI board
CHENNAI: The Financial Planning Standards Board India (FPSBI) has announced that G. N. Bajpai, former chairman of the Securities and Exchange Board of India (SEBI) and the Life Insurance Corporation of India (LIC) will chair the Board of ...
IIFCL and 3i join hands
CHENNAI: India Infrastructure Finance Company Limited (IIFCL) and 3i Group plc (3i) have announced a strategic partnership for meeting the long-term equity and debt financing needs of infrastructure projects in India. Investments arising from ...
Gold Winner ties up with U.S. consultant
CHENNAI: Kaleesuwari Refineries has signed an MoU with a leading U.S. Consultant Robert M. Pierce, Fats & Oils Refining Consultant, to add value to the Gold Winner sunflower oil brand. According to a release, the consultant will suggest ways to
Xtenza joins hands with PetroGold
CHENNAI: Xtenza Solutions Pvt Ltd., which is developing business applications for the extended enterprise, has joined hands with PetroGold group of companies in Kuala Lampur, Malaysia, to market its products for the supply chain companies in the ...
Riskraft bags Mauritius contract
CHENNAI: Riskraft Consulting Limited, a Financial Technologies (FT) group company, has won a contract with the Financial Services Commission (FSC) of Mauritius to implement its proprietary risk-based supervision system (RBS) based on ...
Intense Technologies to raise resources
HYDERABAD: : Intense Technologies will raise additional resources by issue of equity-related instruments to qualified institutional buyers and/or by issue of global depository receipts (GDRs), foreign currency convertible bonds and other ...
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