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Cos. allowed access to cable landing stations
TRAI move will lower intl. bandwidth tariffs

Signet to set up PV plants
To establish manufacturing base

ONGC strikes oil, gas
Significant gas discovery in Mahanadi basin

Nepal, India hold meeting on power exchange
KATHMANDU: A meeting of the Nepal-India Power Exchange Committee kicked off here on Thursday to deal with problems related to sharing of electricity between the two countries. The Indian delegation is led by V. Ramakrishnan, Additional ...

Biotech industry revenue touches Rs. 8,300 cr.
Institutions on the lines of IITs mooted

GAIL to infuse Rs. 500 cr. in Ratnagiri power project
Likely to get the adjoining LNG terminal

Other Stories



Barometer


Briefly
Educomp to acquire Singapore firm
MUMBAI: Educomp Solutions on Thursday said it had agreed to buy out Singapore headquartered Ask n Learn, a education technology firm, for Rs. 186.52 crore (7.04 million Singapore dollars) in a deal that includes `cash' and `options' components. ...

TV18 group floats E18
MUMBAI: Media conglomerate TV18 group on Thursday said it had floated a new division, E18, to enter the entertainment and information events space. The new unit, christened E18, will conceive and execute large format business and entertainment ...

A. K. Purwar joins Caparo group
LONDON: NRI industrialist Lord Swraj Paul-founded Caparo group on Thursday announced the appointment of A. K. Purwar, former Chairman of State Bank of India, as a non-Executive Director. Mr. Purwar was Chairman of SBI between 2002 and 2006. ...

SEBI suspends registration of 3 cos.
MUMBAI: The Securities and Exchange Board of India has suspended the certificate of registration of Woodstock Securities, Omega Equities and Woodstock Broking for one year for manipulation of DSQ Software shares. ...

Record handling by Kolkata Dock System
KOLKATA: The Kolkata Dock System (KDS) of the Kolkata Port Trust handled a record 46 vessels, a jump of around 12 per cent over the previous high of 40 vessels handled in September 2006. The commodities that contributed to the growth in ...

IBM to modernise CBDT infrastructure
NEW DELHI: IBM has signed a five-year agreement with the Central Board of Direct Taxes (CBDT) to modernise the latter's information technology infrastructure spread across India. As per the Rs. 205-crore services agreement, IBM will offer ...

Sify ties up with Australian firm
CHENNAI: : Sify, an Internet service provider, has announced that it has partnered Australia-based O4 Corporation, a provider of mobile field sales, marketing and merchandising solutions. According to a release, O4 Corporation will provide its ...

IFC to take stake in Lanco Power
HYDERABAD: International Finance Corporation (IFC) has signed an agreement to subscribe to an equity stake of 5.84 per cent amounting to $8 million in Lanco Amarkantak Power Pvt. Ltd. (LAPPL), a special purpose vehicle (SPV) promoted by the ...

Sundaram Brake net profit up
CHENNAI: Sundaram Brake Linings has increased its turnover to Rs. 189.03 crore in the year ended March 31, 2007, from Rs. 144.74 crore in the previous year. The gross profit before depreciation and interest charges has improved to Rs. 28.99 ...

VIP Industries pays Rs. 2.50 per share
MUMBAI: : VIP Industries has posted a net profit of Rs. 16.10 crore for the year ended March 31, 2007, against Rs. 4.50 crore in the previous year. Net sales from operations were Rs. 449.75 crore against Rs. 327 crore. The board has recommended a ...




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