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Friday, December 28, 2007
Listing agreement amended
Strengthens provisions on utilisation of issue proceeds
HPCL commissions underground cavern
Imports 39,200 tonnes of LPG from Saudi Arabia
RPL directed to lock-in promoters’ quota
MUMBAI: The Securities and Exchange Board of India (SEBI) on Thursday directed Reliance Power Ltd (RPL) to lock-in the entire promoters’ quota of 20 per cent for five years from the date of allotment in its proposed initial public ...
Cybermate’s new plans
Partners Gemini Communications
Bank of India to raise Rs. 1,400 cr.
Shares will be issued to public sector enterprises; to explore new opportunities
Airtel pips BSNL in Jammu and Kashmir
SRINAGAR: Registering a customer base of eight lakh in Jammu and Kashmir, Bharti Airtel is the lead player in the State, ahead of BSNL. Aircel is third in the line but is improving with its new schemes and BSNL believes that it is a temporary ...
ONGC asked to defer shutdown of gas field
Gas supply cut will hit end-users
Infrastructure growth slumps
NEW DELHI: The growth rate of six core infrastructure industries slumped to 4.5 per cent in October from 9.9 per cent posted for the same month in 2006, mainly owing to a sharp decline in production of crude petroleum and petroleum refinery ...
Hallmarking scheme deferred
NEW DLEHI: The Government has deferred the implementation of the Bureau of Indian Standards (BIS) Hallmarking Act, which is proposed to be mandatory from January 1, 2008, PTI reports, quoting official sources. According to the sources, the ...
Ban on palm oil imports from Kerala
NEW DELHI: In a move aimed at protecting the coconut farmers in Kerala, the Centre has banned import of palm group of oils through the ports of the state. ...
No decision on extending AAR
NEW DELHI: The Government has not taken any decision to extend the facility of Authority of Advance Ruling (AAR) to public sector units and large tax payers, the Central Board of Excise and Customs said. At present, advance rulings are ...
L&T to invest in oil, gas sectors
KOLKATA: Larsen & Toubro on Thursday said it would invest around Rs. 1,800 crore in the oil and gas and port sectors. It would invest around Rs. 650 crore ($165 million) for building an installation vessel for the upstream sector, L&T ...
Suven Life gets U.S. patent
HYDERABAD: Suven Life Sciences announced here on Thursday that the U.S. Patent office had granted the first product patent to the company. The granted claims of the patent included the class of selective Serotonin receptor affinity compounds ...
Checkpoint introduces new security solution
CHENNAI: Check Point Software Technologies has launched UTM-1 (unified threat management) total security solutions. The solution protects mid-sized business networks against a wide range of internet attacks. — Corporate ...
Arihant Foundations recommends dividend
CHENNAI: Arihant Foundations and Housing has informed the Bombay Stock Exchange that the board of directors of the company, at its meeting held on December 26, has recommended a dividend of 40 per cent for the year ended September 30, 2007 ...
NMDC board approves bonus, stock split
CHENNAI: National Mineral Development Corporation (NMDC) has informed the Bombay Stock Exchange that the board of the company, at its meeting held on December 27, has approved the issue of bonus shares in the ratio of two shares for every one ...
Perfint gets $3.5 m funding
BANGALORE: The Chennai headquartered healthcare devices start-up, Perfint, has received investment of $3.5 million from IDG Ventures India, Bangalore, and Erasmic Venture Fund. IDG India is part of the global IDG Ventures and among its recent ...
HDFC MF plans to launch infrastructure fund
MADURAI: HDFC Mutual Fund will soon launch an infrastructure fund and steps are being taken to obtain regulatory clearance for it. Application for launching the new product has already been filed with the Securities and Exchange Board of India ...
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