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Wednesday, May 21, 2008
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BUSINESS
‘Current level of inflation unacceptable’
Y. V. Reddy expresses hope that it may start moderating following various government steps

State Bank move on farm loans draws flak
Farmer organisations, tractor producers demand immediate withdrawal of the circular

Xerox launches mono printers, MFPs globally
Price ranges from Rs. 17,000 to Rs. 3.17 lakh

Dr. Reddy’s net dips


UST Global expands Chennai operations
CHENNAI: UST Global, a leading provider of end-to-end IT services and BPO solutions with its headquarters in California, announced the opening of its new global facility here. The centre was inaugurated by David T. Hopper, Consul General, U.S. ...

Sensex drops 205 points
MUMBAI: The Bombay Stock Exchange bySensex on Tuesday fell 205 points as fear of higher inflation gripped the stock market after crude oil stayed above $127 a barrel globally. Weakness in Asian and European markets also contributed to the ...

Other Stories



Barometer


Briefly
SCI board considers 1:2 bonus
CHENNAI: Shipping Corporation of India has informed the Bombay Stock Exchange that the board of directors of the company, at its meeting held on May 20, has considered the proposal to issue one bonus share for every two equity shares held to ...

Future Generali launches Mallassurance
MUMBAI: Future Generali, the insurance joint venture between Kishore Biyani-led Future Group, and Italian major Generali Insurance, on Tuesday launched Mallassurance, a unique initiative to sell insurance policies at the malls. The policies, ...

Berger Paints allots shares to J&N (Asia)
KOLKATA: Berger Paints India on Monday issued and allotted two crore equity shares to Jenson & Nicholson (Asia) Ltd., U.K., which is part of the promoter group at a price of Rs. 49.5 per warrant. The allotment was made on receipt of Rs. ...

LMW pays Rs. 25 per share final
CHENNAI: Lakshmi Machine Works has recommended a final dividend of Rs. 25 per share of Rs. 10 each for the year ended March 31, 2008. The company had already paid an interim of Rs. 20 per share. The total dividend works out to Rs. 45 per share ...

Bank of Baroda pays 80 %
MUMBAI: Bank of Baroda reported a net profit of Rs. 1,435.52 crore for the year ended March 31, 2008 against Rs. 1,026.47 crore in 2006-07, an increase of 39.8 per cent. The net profit for fourth quarter was up 12.5 per cent at Rs. 276.44 ...

New range of LCD television from LG
CHENNAI: LG Electronics has launched a new range of LCD television, SCARLET. According to a release, it is available in 32, 37, 42 and 47 inch sizes. It comes with optional swivel table top stand or wall mount. It has an intelligent sensor ...

Radisson offers corporate transit package
CHENNAI: Radisson Hotel Delhi has introduced corporate transit package. According to a release, the package includes free wi-fi for a period of six hours with dinner and airport drop at a price of Rs. 6,000. The hotel also has announced ...




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