Online edition of India's National Newspaper
Friday, June 01, 2007
GDP growth soars to 9.4 p.c. in 2006-07
One-point rise in Consumer Index
SHIMLA: The All-India Consumer Price Index for industrial workers (CPI-IW) for April increased by one point to 128.
FDI proposals cleared
NEW DELHI: The Union Government on Thursday cleared UBS India's plans to acquire domestic NBFCs as part of approval granted to 23 foreign direct investment proposals, involving investments of Rs. 418.33 crore. ...
MUMBAI: The Reserve Bank of India on Thursday allowed local firms producing or using aluminium, copper, lead, nickel and zinc to minimise risk due to price fluctuation by taking cover in international commodity exchanges. ...
SEBI draft regulations
MUMBAI: SEBI on Thursday issued draft regulations of Certification of Associated Persons in the Securities Market Regulations, 2007. ...
Pension fund managers shortlised
NEW DELHI: The Pension Fund Regulatory and Development Authority, has short-listed LIC, SBI, UTI AMC and IDBI Capital to manage funds for Central and State government employees under the new ...
Finnish firm acquires TVS' manufacturing unit
CHENNAI: : Incap Contract Manufacturing Services Pvt. Ltd., a subsidiary of Finland-based Incap Corporation, has acquired the contract manufacturing unit of TVS Electronics Ltd. in Tumkur, Karnataka. Juhani Hanninen, President and Chief Executive ...
Flamingo Pharma launches products in TN
CHENNAI: Flamingo Pharmaceuticals Ltd. has announced the launch of its products in Tamil Nadu. The company has introduced in the State antibiotics brand Trixone, Qubid and Flaag in the anti-infective range and Bonforte for patients suffering ...
Piaggio launches sub one-tonne pickup vehicle
CHENNAI: Piaggio Vehicles Private Limited, a wholly owned subsidiary of Piaggio & C SpA of Italy, has launched a pickup vehicle in the sub one-tonne category. Addressing presspersons here on Thursday, Ravi Chopra, Chairman and Managing Director,
Shriram Transport profit up 34 p.c.
CHENNAI: Shriram Transport Finance Company (STFC) has reported a 56 per cent rise in its revenues at Rs. 1,415.52 crore in the year ended March 31, 2007, against Rs. 906.76 crore in the previous year. The net profit after tax rose by 34.4 per ...
Reliance Money retail kiosks at Barista outlets
CHENNAI: Reliance Money, the financial distribution company of the Anil Dhirubhai Ambani Group, has tied up with Barista Coffee Company Limited for installing Reliance Money's web-enabled retail kiosks at Barista's outlets across the country. ...
CII-Exim Bank business excellence award for TCS
BANGALORE: The $4.29 billion Tata Consultancy Services is aware of the $330 billion global outsourcing market "yet to be addressed", its CFO and Global Head-Finance, S. Mahalingam, said here on Thursday. Speaking after receiving the CII-EXIM ...
CHENNAI: The following senior appointments have been announced by the companies concerned: James Thomas has been appointed Managing Director of Kronos Systems (India) Pvt Ltd, the newly established Indian subsidiary of Kronos Inc; Sify Ltd has ...
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