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Thursday, April 26, 2007
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BUSINESS
Exporters fret over ministerial wrangle
Kamal Nath meets Chidambaram over service tax relief

BUSINESS
Yahoo puts 20 Indian tier-1 and 2 cities `on the map'
The map data have been provided in collaboration with CE Info Systems

Dept. of Posts to lease cargo plane
NEW DELHI: To give a boost to its business, the Department of Posts has decided to lease a cargo aircraft to deliver letters, speed posts and other items. "Our first cargo aircraft will start operating in July and will cater specifically to ...

Rupee ends below 41 mark
MUMBAI: The rupee strengthened further against the U.S. currency and ended below the 41-mark at 40.90/91 a dollar on Wednesday against 41.1850 on Tuesday in the absence of real proposals to control inflows into the country but for the Reserve ...

Other Stories



Barometer


Briefly
SEBI bans Jalco Group
MUMBAI: The Securities and Exchange Board of India on Wednesday banned the Jalco group, its directors and 14 associate companies from dealing in shares of Ahmedabad-based GHCL for indulging in synchronised trading and manipulating the share ...

Coca-Cola plans to buy Glaceau
NEW YORK: Coca-Cola plans to acquire U.S. energy drink firm Glaceau, in which Tata Tea has 30 per cent stake, in a deal that could be worth over $3 billion, US media reports said on Wednesday. The reports sent shares of Tata Tea, which had ...

Eicher Motors buys U.S. firm
MUMBAI: Eicher Motors has acquired 100 per cent stake in U.S.-based Hoff and Associates, along with its two subsidiaries in Beijing and Shanghai, for $3.5 million (Rs. 14.70 crore). ...

Mittal acquires Kazakh firm
MOSCOW: Lakshmi N. Mittal has acquired Russian oil firm Lukoil's 50 per cent stake in a Kazakhstan oil firm for $980 million (nearly. Rs. 4,000 crore). Mittal Investments will also take over half of Caspian Investments Resources Ltd's (CIR) ...

ITI reduces net loss
BANGALORE: : ITI has reported bringing down its net loss for 2006-07 to Rs. 412.37 crore from Rs. 428.76 crore in the previous fiscal. Provisional sales for 2006-07 reached Rs. 1,842 crore, an increase of Rs. 93 crore over the last fiscal, and ...

Sharp rise in KEC Intl. net profit
NEW DELHI: Leading power transmission company, KEC International (KEC), has reported a revenue of Rs. 640.92 crore in the fourth quarter ended March 31, 2007, as compared to Rs. 478.38 crore in the corresponding period last year. The net profit ...

Secova to set up new facility in Chennai
CHENNAI: : Secova services, a human resources and benefits management services company, is planning to establish its second knowledge centre here. The facility will come up on 26,000 sq. ft. space at DLF IT Park. The 400-seat capacity facility ...

Messe Dusseldorf subsidiary in India
MUMBAI: The Messe Dusseldorf Group, one of the biggest trade fair organisers in the world, has announced its 100 per cent subsidiary in India which will be called Messe Dusseldorf India Pvt. Ltd. (MDI). Udo Schurtzmann has been appointed as ...

SBI Card launches `Fuel Freedom'
CHENNAI: SBI Card has launched Fuel Freedom, a special feature which enables all SBI cardholders to enjoy zero per cent surcharge on purchase of fuel across any petrol pump in any city. Through this initiative, SBI cardholders will no longer be ...

Lason India to merge with HOV Services
CHENNAI: : Lason India Private Ltd. will soon be merged with Pune-based HOV Services Ltd. HOV Services LLC, a fully owned American subsidiary of HOV Services Ltd., recently took over the U.S. BPO (business process outsourcing) company Lason. The ...




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