Online edition of India's National Newspaper
Friday, May 18, 2007
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Online edition of India's National Newspaper Friday, May 18, 2007 ePaper |
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Barometer Briefly Enam Insurance Broker gets IRDA licence MUMBAI: Enam Insurance Broker Pvt. Ltd. (EIB) has secured a licence from the Insurance Regulatory Development Authority (IRDA) to act as a direct insurance broker for life and non-life insurance business. The company, a part of the Enam group, ... Barclays launches retail banking MUMBAI: Barclays Plc, the 300-year-old banking group from the U.K., has launched retail banking services in India with a range of credit cards, personal and business loans and investment products. ... HDFC Bank to raise Rs. 4,200 crore MUMBAI: HDFC Bank on Thursday said it would issue additional shares to raise an estimated Rs. 4,200 crore, one-third of which would be mopped up through promoters by way of preferential allotment. ... Maruti cars dearer by up to Rs. 4,300 NEW DELHI: Maruti Udyog Ltd. on Thursday said all its models ranging from M800 to the latest sedan SX4 will cost more by up to Rs. 4,300 on account of equipping the cars with a new anti-theft device. ... Wockhardt completes Negma Lab acquisition BANGALORE: Wockhardt on Thursday announced the completion of the acquisition of Negma Laboratories, the fourth largest independent, integrated pharmaceutical group in France with sales of $150 million. Negma is Wockhardt's fifth acquisition in ... Idea, Nokia Siemens sign contract NEW DELHI: Idea Cellular, an Aditya Birla group company, has signed a $500 million contract with Nokia Siemens Networks to expand and strengthen the former's network. Under the contract, Nokia Siemens Network will expand Idea Cellular's GSM ... Grasim to open more exclusive outlets NEW DELHI: Grasim Industries is planning to open at least 30 new exclusive brand stores across the country this year to expand its presence. The company also announced the appointment of Bollywood actor Akshay Kumar as its new brand ambassador. ... City Corporation launches Amanora Park Town CHENNAI: City Group, a leading real estate promoter and builder in the State of Maharashtra, has announced the launch of Amanora Park Town under the State Government's Special Township Policy. Located at Hadapsar, the entire township is spread ... Media One plans to acquire 20 more theatres CHENNAI: Media One Global Entertainment, a company listed on the BSE, has finalised the acquisition of three theatres in Chengelpet District in Tamil Nadu. Addressing the media here recently, Suryaraj Kumar, Managing Director, Media One ... Yahoo! launches OneSearch BANGALORE: Yahoo! announced the launch of the beta version of its mobile phone enabled search service, OneSearch, in India. This version, launched on Tuesday in seven countries across Asia, can be accessed through Yahoo!'s mobile website or any ... Read Today's supplements: Friday Review | Young World | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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