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Trading in interest rate futures soon
5 banks test pre-launch of ASPA

Apollo to enter rural, semi-urban areas
To promote Apollo Reach Hospitals

Excise relief for branded SSI packing materials
Amendment takes effect from September 1

Tata Motors announces terms of rights issue
MUMBAI: Tata Motors on Tuesday announced the terms of the proposed rights issue of the company aggregating around Rs. 4,200 crore. The Committee of Directors of the company at its meeting held on Tuesday approved the terms of ...

General Motors’ Talegaon facility on stream
NEW DELHI: General Motors Corporation on Tuesday inaugurated its second vehicle manufacturing facility at Talegaon in Maharashtra that will help the U.S.-headquartered auto major make over two-fold increase in its production capacity in India ...

Ambani family MoU may come before court
MUMBAI: The Bombay High Court on Tuesday asked the Ambani brothers whether they were willing to produce in court the family Memorandum of Understanding (MoU) that preceded the Reliance demerger. The court is hearing the case regarding ...

‘India’s role in IT can’t be reversed’


Harman ties up with Wipro Tech
The two firms launch joint embedded engineering centre

Sensex surges 550 points
MUMBAI: The Bombay Stock Exchange sensitive index surged by over 550 points to regain the 15,000-level after 19 days on falling oil prices which eased concerns of high inflation and raised hopes of steady lending rates. The Sensex shot ...

Other Stories



Barometer


Briefly
Ashok Minda Group acquires German firm
NEW DELHI: Ashok Minda Group, leading automotive component manufacturer, on Tuesday announced the acquisition of Germany-based leading specialist interior plastic component manufacturer, Schenk Plastic Solutions. The company also unveiled its ...

LIC completes 52 years of service to customers
CHENNAI: Life Insurance Corporation of India has completed 52 years of service to its customers. During 2007-08, LIC has completed 375.90 lakh new policies with first premium income of Rs. 43,812.86 crore. As on March 31, 2008, LIC has ...

Reliance to strengthen Vimal brand
KOLKATA: As part of its plans to strengthen the Vimal brand which Reliance Industries Ltd. (RIL) relaunched after a gap of about five years, Mukesh Ambani-controlled RIL is planning to open 50 stores covering all the metros and the Tier-II ...

Vedanta targets 1 m tonne of copper capacity
CHENNAI: Vedanta Resources is planning to reach one million tonne of copper production capacity by 2010 with the existing capacity in India (Tuticorin and Silvassa) of four lakh tonnes per annum and with the expansion of capacity at KCM, ...

Uttam Kumar Basu new MD of MRPL
NEW DELHI: The Petroleum and Natural Gas Ministry has notified the appointment of Uttam Kumar Basu, as the new Managing Director of Mangalore Refinery and Petrochemicals Ltd (MRPL). He takes over from outgoing Managing Director, R. Rajamani ...




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