Online edition of India's National Newspaper
Saturday, November 17, 2007
IndusInd Bank weighing options to shore up capital
Murugappa plans life insurance foray
CHENNAI: The Murugappa Group is seriously toying with the idea of entering the life insurance business too, it is learnt. According to highly placed sources, the Group, which already had a tie-up with Mitsui Sumitomo Insurance of Japan, would ...
BoB to foray into life insurance
NEW DELHI: Bank of Baroda on Friday entered into an agreement with U.K.-based Legal and General Group to set up a life insurance venture with an initial paid-up capital of Rs. 200 crore. BoB will be the lead partner with 44 per cent stake. The ...
Onion export restriction withdrawn
NEW DELHI: The Government has withdrawn the ‘export licence’ restriction for overseas sale of onion, as the prices of the commodity have started to soften in the domestic market. The Director General of Foreign Trade has notified ...
Forex reserves up $3.6 billion
MUMBAI: India’s foreign exchange reserves rose by $3.663 billion to a record $270.181 billion on November 9, the Reserve Bank of India said in its weekly statistical supplement on Friday. ...
Injunction against Godrej soap ad
HYDERABAD: Wipro has obtained an injunction from a Hyderabad court against what it termed was a misleading advertisement released by Godrej for the latter’s soap brand claiming it as No. 1. According to a release from Wipro, the ...
Surana ties up with Beijing Shougang
CHENNAI: Surana Industries (SIL), manufacturer of steel and iron, has signed an agreement with Beijing Shougang Machinery and Electric Co., Beijing, a leading steel company in China. SIL has placed an order worth $14.58 million to the Chinese ...
Refex board approves Rs. 200 cr. FCCB issue
CHENNAI: Refex Refrigerants, a leading refrigerants management solutions provider, has announced that the board of directors of the company had approved a proposal to raise up to Rs. 200 crore through placement of foreign currency convertible ...
Satyam to launch SaaS for SMEs
HYDERABAD: Satyam Computer Services is all set to launch the next generation enterprise applications delivery model: Software as a Service (SaaS) for small and medium enterprises (SMEs). SaaS brings several advantages to SMEs like low upfront ...
Bajaj Allianz Life introduces CenturyPlus
CHENNAI: Bajaj Allianz Life Insurance has launched CenturyPlus, a unit linked investment plan. This systematic investment plan designed for a 10 year term, gives twin benefits of sum assured plus fund value. It also offers loyalty units. ...
Website for Indian business opportunities
CHENNAI: The Australian Trade Commission has launched a website, Utsav Australia. It showcases value added business opportunities for Indian businesses. According to a release, around 50 businesses offering latest and innovative products and ...
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