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Wednesday, February 06, 2008
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Talks on with industry on import of re-manufactured goods
U.S. paper on market access circulated to the negotiating group
500 TCS staff resign
NEW DELHI: About 500 employees of Tata Consultancy Services (TCS) have so far “voluntarily resigned” after they failed to clear the company’s bi-annual employee appraisal system. When contacted, a TCS spokesperson told ...
ICICI Bank assessing market on possibility of rate cut
MUMBAI: ICICI Bank on Tuesday kept its cards close to the chest on the possibility of an interest rate cut, saying it was still assessing the demand-supply position for credit. “Let us wait and see what happens. This is the last ...
Lifestyle home theatre systems from Bose
The products are priced at Rs. 1.69 lakh and Rs. 1.14 lakh
66 cases filed against Reliance Infratel
MUMBAI: Anil Ambani group’s Reliance Infratel Ltd appears to be facing maximum problem in Uttar Pradesh, where the government has filed over five dozen cases (66) on property and stamp duty disputes against the company, which is planning ...
Arcelor Mittal wins Egyptian steel licence
CAIRO: Arcelor Mittal won a licence to build DRI and billet steel factories in Egypt for 340 million Egyptian pounds ($61.2 million), the Egyptian Industrial Authority said on Tuesday. Under the agreement, the production capacity of the ...
Direct tax collections up 40 per cent
NEW DELHI: Direct tax collections continued to post a steady growth of over 40 per cent for the first ten months of the current fiscal. Net revenue collections through direct taxes stood at Rs. 2,18,538 crore, up from Rs. 1,55,576 crore during ...
Tax exemptions withdrawn
NEW DELHI: The Union Finance Ministry has withdrawn tax exemptions to standalone packing and labelling units set up in tax free zones of Himachal Pradesh and ...
GTL in pact with Ericsson U.K.
MUMBAI: Network services company, GTL, on Tuesday said it has formed an alliance with the U.K.-based Ericsson for providing managed network infrastructure services in the U.K. Ericsson and GTL will work closely to form a strategic business ...
Expo on reinforced plastics
CHENNAI: The fourth international conference and exhibition on reinforced plastics, ICERP 2008, will be held at Bombay Exhibition Centre, Guregaon (East), Mumbai, from February 7 to 9. The expo will be organised by the FRP Institute, India, ...
SVEC enters capital market
CHENNAI: SVEC Constructions, engaged in building and irrigation works, with is base in Hyderabad, has come out with an initial public offer of 40 lakh equity shares of Rs. 10 each at a price band of Rs. 85-95 per share. The issue is open from ...
Subex bags order from Slovenian firm
MUMBAI: Revenue management solutions provider Subex on Tuesday said it has bagged a contract from Slovenia-based telecom operator, Telekom Slovenije, for implementing its fraud management system, Nikira. The Nikira V6.1 solution would help ...
Raymond gets new COO
CHENNAI: Raymond has announced the appointment of Deepak Khetrapal as the chief operating officer. Mr. Ketrapal will be based in Mumbai and will take over all the responsibilities of Pradeep Kumar Bhandari, group President. — Corporate ...
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