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Friday, May 18, 2007
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Bajaj spins off three separate entities
Auto, wind power and financial services and primary investment businesses formed

Tata Steel net up at Rs. 4,222 cr.
Pays 130 p.c. plus 25 p.c. special dividend

RBI issues draft guidelines on credit default swaps
Feedback from stakeholders expected in a month

Accenture, MIT join hands to offer training
Co-branded certification will be provided

McAfee to expand presence
Targets consumer segment of Internet users

Sensex up 172 points
MUMBAI: The Sensex closed at its three-month high of 14299.71 on Thursday, up by 172 points, as shares continued their upward sprint following a sharp rally in Reliance Industries and firm global cues. Reliance was the most sought after stock ...

Other Stories



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 ...




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