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Wednesday, May 30, 2007
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India-GCC FTA soon
Gulf region is on a par with the U.S., says Kamal Nath

Manipal Group's new initiative
Forms new company with Rs. 50 crore investment for healthcare retailing

Tata Steel inks MoU with Vietnam Corpn.
To set up 4.5 million tonne steel complex

Sensex up 110 points
MUMBAI: Led by heavyweight refinery giant Reliance Industries (RIL), the Sensex ended past 14500 on Tuesday, rising by about 110 points. The 30-share Sensex closed at 14538.90 on February 9, and thereafter, touched a closing low of 12415.04 on ...

Other Stories



Barometer


Briefly
Coconut oil import allowed
NEW DELHI: The Union Government on Tuesday allowed imports of coconut oil under export obligation to avoid any shortage in the domestic market. The Director General of Foreign Trade through a notification added coconut oil in the list under the ...

Vodafone to complete Bharti stake sale
LONDON: Britain's Vodafone, which acquired controlling stake in mobile firm Hutch-Essar, on Tuesday said it would transfer its 5.6 per cent stake in Bharti Airtel back to Hutch-Essar by November next year. ...

Ranbaxy wins patent case in Norway
NEW DELHI: In a boost to Ranbaxy in its ongoing litigation over anti-cholesterol drug Lipitor against Pfizer, a Norway court on Tuesday ruled that four of the U.S. pharma giant's patents were either invalid or not infringed by the Indian ...

British Foods to buy Indian brand
LONDON: Associated British Foods Plc has agreed to buy Patak's, a leading Indian cuisine brand, for an undisclosed sum to expand its range of ethnic products. The business comprises Patak's brand and assets in all countries except India and the ...

Satyam partners Oracle Asia-Pacific
HYDERABAD: Satyam Computer Services and Oracle Asia-Pacific on Tuesday announced a strategic alliance to help enterprises in the Asia-Pacific (APAC) region commence business intelligence (BI) implementation faster, cheaper, and with greater ease ...

ING launches new insurance plan
CHENNAI: : ING Vysya Life Insurance on Tuesday announced that it has launched `ING LifePlus,' a regular premium unit-linked product. The plan provides an enhanced protection cover, which ensures that the life insurance cover will automatically ...

Bajaj Electricals announces 1:1 bonus
CHENNAI: Bajaj Electricals has announced a bonus issue in the ratio of one share for every equity share held. The company has reported gross sales from operations of Rs. 1,113 crore in the year ended March 31, 2007, against Rs. 878 crore in the ...

Windshield, United India Insurance tie up
NEW DELHI: : Windshield Experts and United India Insurance have entered into an agreement with effect from March 16, 2007. Windshield Experts will manage automotive glass claims for United India Insurance efficiently by providing loss ...

FINO announces closing of equity payment
CHENNAI: : Financial Information Network and Operations Ltd. (FINO), a Mumbai-based biometric enabled smart card solutions provider, has announced the closing of an equity-financing round of Rs. 80 crore. FINO intends to use the proceeds from ...

IVRCL turnover crosses Rs. 2,500-crore mark
HYDERABAD: IVRCL Infrastructures and Projects posted a turnover of Rs. 2,518.50 crore in 2006-07, 47 per cent growth over the previous year. The profit after tax was up by 57 per cent at Rs. 168.90 crore against Rs. 107.80 crore. The company, on ...




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