Online edition of India's National Newspaper
Saturday, July 14, 2007
Sensex, Nifty at record high
Inflation rate inches up
NEW DELHI: For the second week in a row, the rate of inflation continued to move upwards and inched up to 4.27 per cent for the week ended June 30 from 4.13 per cent in the previous week, mainly on account higher prices of food items such as ...
Dubai firm buys stake in ICICI Bank
DUBAI: Dubai International Capital (DIC), the investment arm of Dubai Holding, has bought 2.87 per cent stake in ICICI Bank. DIC’s investment in the Indian bank follows its recent purchase of 3.12 per cent stake in the European ...
SAT upholds SEBI order
MUMBAI: The Securities Appellate Tribunal (SAT) on Friday dismissed an appeal by the Saurashtra Kutch Stock Exchange against a SEBI order derecognising the bourse. ...
Forex reserves up $1.349 b
MUMBAI: India’s foreign exchange reserves increased by $1.349 billion for the week ended July 6 to $214.835 billion from $213.486 billion in the previous week. ...
L&T bags Rs. 853 cr. contracts
MUMBAI: Larsen and Toubro (L&T) has bagged contracts worth Rs. 853 crore from domestic as well as foreign firms. L&T has secured a Rs. 366 crore order from Abu Dhabi Water and Electricity Authority for design and commissioning of two ...
Victorinox to expand franchisee network
BANGALORE: Victorinox, makers of the well-known Swiss Army knife, will expand their franchisee network with seven of them expected to be opened by mid-2008, the company announced here on Friday. Besides Mumbai, Victronix India’s ...
Vijaya Bank eyes Rs. one lakh cr. business
MANGALORE: Vijaya Bank hopes to achieve a business level of Rs. 76,000 crore during the current fiscal and achieve the coveted mark of Rs. 1 lakh crore level by March 31, 2009, its Chairman and Managing Director, Prakash P. Mallya, has said. ...
Barry Callebaut to enter India
CHENNAI: Barry Callebaut, a leading manufacturer of high-quality cocoa and chocolate products, will enter the Indian market by opening a sales office in Mumbai in September. The company will also inaugurate a ‘Chocolate Academy’ in ...
Free software for filing income tax returns
CHENNAI: Relyon Softech, a Bangalore-based taxation software company, has released a free income tax software for income tax Returns (ITR) 1, ITR 2 and ITR 3. It is available on
Elfnochips sets up design centre
BANGALORE: Elfnochips of the U.S., provider of ‘sped-to-silicon-to-system’ electronic design services to major companies, has set up its design centre in Bangalore. Its India operations already include a facility in Ahmedabad. The ...
Progressive Infotech opens regional office
HYDERABAD: Progressive Infotech Pvt Ltd, an IT infrastructure management solutions provider has announced the opening of its regional office in Hyderabad. Addressing a press conference here, CEO and Managing Director, Prateek Garg, said the ...
Award for Lucas-TVS
CHENNAI: Lucas-TVS has won the JIT Grand Prix award from JIT Management Laboratory Company, Japan, for its work on JIT methodology in 2006-07. The award was received by N. Ravichandran, President (Operations) at the 19th convention of JIT held ...
ING Vysya’s new Country Head-Retail Banking
BANGALORE: ING Vysya Bank has appointed Uday Sareen as Country Head-Retail Banking, and a member of the bank’s executive management committee. Mr. Sareen will be based in Bangalore and will be responsible for ING Vysya’s retail ...
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