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Steel companies asked to refrain from frequent price increases
Give importance to views of Price Monitoring Committee while deciding on prices: Paswan

Expand volume of production, Chidambaram tells industry
Appeals to all Chief Ministers to extend their support to the export sector

TCS offers innovative solution to SMBs
Small units can control cost efficiently

MSE members can trade on NSE platform
SEBI slashes fee for filing offer documents

Other Stories



Barometer


Briefly
Steel makers hike prices
NEW DELHI: Barely days after rolling back their prices at the behest of Steel Ministry, some steel producers led by Tata Steel on Wednesday hiked spot prices between Rs. 1500 and Rs. 3.000 for various products. “We have hiked the price ...

Reliance Energy to buy back shares
MUMBAI: Reliance Energy Ltd (REL) has informed the stock exchanges that the board of the company has approved a buy-back of its outstanding equity shares for an aggregate amount of up to Rs. 2,000 crore in two phases. REL will buy-back shares ...

UTI MF files draft prospectus
NEW DELHI: UTI Mutual Fund on Wednesday said it had filed the draft Red Herring Prospectus (RHP) with the Securities and Exchange Board of India, but said the proposed Initial Public Offering was subject to the ‘market condition’ ...

Chaini elected new IMC President
MUMBAI: The Indian Merchants’ Chamber (IMC) on Wednesday said Murlidhar Narayan Chaini has been elected President and Gul Kripalani Vice-President for 2008-09. ...

Market holiday
MUMBAI: All major markets, including the Bombay Stock Exchange, the National Stock Exchange, forex, money, bullion and oils and oilseeds, will remain closed on Thursday on account of ‘Mahashivratri’. ...

Yahoo launches research lab in Bangalore
BANGALORE: Yahoo launched its first research lab in India on Tuesday. Yahoo Labs, the facility in Bangalore, will focus on search technologies and computational advertising. Prabhakar Raghavan, Senior Vice-President and Head, Yahoo Research, ...

ING Vysya Life’s retirement plan
BANGALORE: ING Vysya Life has announced the launch of a unit-linked retirement plan, ING Golden Life. The plan offers increased benefits to those opting to stay invested. It also has a Life Stage Investment Programme (LSIP) component, which ...

Vijaya Bank Chennai Region adopts CBS
CHENNAI: Vijaya Bank has implemented core banking solution (CBS) in all its branches and offices. At present, the Chennai regional office of the bank controls 64 branches of Tamil Nadu, two branches in the Union Territory of Puducherry and one ...

LG Electronics to strengthen PC business
CHENNAI: LG Electronics has announced its plan to strengthen the personal computer (PC) business in India. The company has recently launched R200, S900 and R405 PCs. It has recently increased its manpower in the southern market in accordance ...

Nippon Paint introduces odourless product
CHENNAI: Nippon Paint has introduced Nippon odourless all-in-one paint in Chennai. The paint comes with zero voltaic organic compounds (VOC) and classic matt finish. Yip Wai Meng, Managing Director has stated in a release that the launch of ...

Hinduja group company gets new COO
CHENNAI: Ravinder Babbar has been appointed as Chief Operating Officer (COO) of Asia Properties Development, the real estate arm of the Hinduja group. According to a release, Mr. Babbar will be responsible for the development of the ...

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