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Thursday, December 06, 2007
S&P sees soft landing for India’s GDP growth
Domestic growth drivers may be hindered by oil prices
Nokia to make $75 m fresh investment
To expand product portfolio to cater to the increasing demand
Sensex recovers 209 points
MUMBAI: Tracking firm global cues, the Sensex ended 209 points higher on Wednesday, indicating A range-bound trade in the near-term. The market breached the 19750 resistance level during trading but came under pressure, which could ...
Dell signs agreement with Microsoft
NEW DELHI: Dell on Tuesday signed a ‘Large Account Reseller Agreement’ with Microsoft Corporation India to provide integrated technology solutions to Indian enterprises. Under the agreement, the two companies will offer core ...
TVS LSL ties up with Global Rush
CHENNAI: TVS Logistics Services Limited (TVS LSL) has joined hands with Global Rush, a part of $1 billion minority enterprise owned by Andra Rush, to launch ‘TVS Amercia’. The new joint venture company will have an initial ...
5 PSUs to buy mines abroad
NEW DELHI: Five public sector companies — Steel Authority of India Limited (SAIL), Rashtriya Ispat Nigam Limited (RINL), National Thermal Power Corporation (NTPC), Coal India Limited (CIL) and National Mineral Development Corporation ...
Dabur unveils ‘new-u’ brand
NEW DELHI: Dabur India will be opening 160 stores of its specialty beauty, health and wellness retail business subsidiary, H&B Stores, under the new brand name “new-u”, which was unveiled by its Chief Executive Officer Peter ...
Grasim to divest stake in Digvijay
Sale consideration is Rs. 322 crore
NSE outfit to help roll out e-auction in tea
New system will be in place by June
SEBI pulled up for not heeding advice on IPO scam
Action Taken Report on house panel recommendations tabled in Parliament
‘Extend sunset clause to IT’
Nasscom wants fast track courts to try cyber crimes
Deccan joins hands with Cleartrip.com
NEW DELHI: Deccan Aviation, in which the UB group has picked up 46 per cent stake, on Wednesday said Kingfisher and Deccan would run as two separate brands even when the two airlines were merged. “The two airlines will be operative as ...
Clean chit to Indiabulls
MUMBAI: The Securities and Exchange Board of India on Wednesday absolved Indiabulls Securities of charges of cornering shares meant for retail investors in IPOs and dropped an inquiry initiated against the brokerage firm. “The present ...
Futures trading in Essar oil, IFCI banned
MUMBAI: Trading in stock futures of Essar Oil, IFCI, Rajesh Exports, Adlabs Film, Arvind Mills, Nagarjuna Fertilisers and Bongaigoan Refinery has been banned on the NSE. ...
BNP sets up research team in India
MUMBAI: BNP Paribas Securities Asia on Wednesday announced the launch of a 27-people strong securities research team in India. The onshore research operation is the second-largest research platform after the Hong Kong and China team within BNP ...
Syndicate Bank plans follow-on issue
NEW DELHI: Having taken the lead in introducing on-line loan application facility for education, SME and housing schemes, besides other purposes, Syndicate Bank on Wednesday said it plans to go in for a follow-on issue of eight crore shares. ...
McLeod Russel Board clears amalgamation
KOLKATA: The board of directors of McLeod Russel India on Wednesday okayed the scheme of amalgamation of The Moran Tea Company (India) with itself from April 1, 2007. Following the amalgamation, which is subject to various approvals, four new ...
George Soros buys 5.8 p.c. stake in GAEL
CHENNAI: Gujarat Ambuja Exports Limited (GAEL) is setting up a maize processing facility in Uttaranchal with a capacity of 500 tonnes a day at a cost Rs. 65 crore. The plant is scheduled to go on stream next week, according to a company ...
Aparna Group’s joint ventrue plans
HYDERABAD: Morgan Stanley Real Estate announced here on Tuesday that it had partnered Aparna Group in a 50:50 joint venture to develop Aparna Laketown at Nalagandla in Hyderabad. The 12-million sq. ft. development would comprise high-end ...
Top-level changes in MindTree
BANGALORE: MindTree Consulting has announced its first major restructure since inception in 1999. Ashok Soota, currently Chairman and Managing Director, will become Executive Chairman from April 1, 2008, while continuing as Chairman of the ...
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