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Friday, March 28, 2008
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Centre issues bonds to State Bank of India
Towards subscription to the rights issue
Daimler, Hero venture gets nod
NEW DELHI: The Union Cabinet on Thursday gave approval to the Rs. 1,650-crore investment by Germany’s Daimler on its proposed joint venture with the Hero group for manufacturing commercial vehicles in India. Daimler’s ...
Photovoltaic firm ties up with German co.
The partnership is valued at Rs. 2,300 crore in the next three years
The focus should be on agriculture: ESCAP
NEW DELHI: Projecting an economic growth of 9 per cent for India in 2008-09, a United Nations report has said the need of the hour is to address the neglect of agriculture to bring millions out of poverty. The public policy should adopt a ...
PFC, RITES tie-up to import coal
NEW DELHI: State-run Power Finance Corporation (PFC) on Thursday entered into a strategic tie-up with RITES to import coal from various countries, including Africa, to ease scarcity of the fuel in view of rising demand by power generation ...
Investment ceiling waived for NTPC
NEW DELHI: Opening doors for allowing major investments in India and abroad in generation and transmission sectors, the Union Cabinet on Thursday approved waiving of the Rs. 1,000 crore equity investment ceiling by National Thermal Power ...
SC dismisses Dunlop’s plea
NEW DELHI: The Supreme Court has dismissed Dunlop India’s plea challenging its eviction from a property occupied by it since 1972 at a prime locality in Mumbai. ...
Moody’s rating to Asian utilities sector
NEW DELHI: Moody’s has assigned a negative outlook to the Asian utilities sector, including Indian firms following an increase in the number of debt-funded acquisitions and huge capital expenditures. ...
Reliance Energy buys back 6.5 lakh shares
NEW DELHI: Reliance Energy has bought back 6.5 lakh shares of the company since the start of the offer on March 25. The aggregate amount spent on these shares is Rs. 83.15 crore, according to a release. The company had proposed to buyback ...
HTMT Global Solutions gets ICT award
CHENNAI: HTMT Global Solutions has secured the Most Innovative BPO company -2008 award from ICT. According to a release, the award was for the design of an accident trigger template aimed at pre-empting accidents before they happen. A group ...
CUB offers wealth management services
CHENNAI: City Union Bank has launched wealth management services with immediate effect. Besides, the bank has also announced that several other investor-friendly services such as online trading in shares, debit cards from VISA, online utility ...
Radisson GRT Chennai wins award
CHENNAI: Radisson Hotel GRT Chennai was honoured with the prestigious Carlson Hotels President’s Award for 2007. The award winning hotel was selected from among Carlson Hotels in Asia Pacific consisting of 5 brands, Reagent, Radisson, ...
Concept PR bags Agency of the Year award
CHENNAI: Concept PR, Public Relations Consultancy, has been conferred the prestigious Agency of the Year award at the Public Relations Council of India’s (PRCI) National Awards. Karnataka Governor His Excellency Rameshwar Thakur and ...
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