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Tuesday, September 23, 2008
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Wall Street falls in early trading
Investors await further news on the bailout plan

Shriram Properties to mobilise Rs. 650 crore
Plans three new projects in Chennai, Bangalore, Ahmedabad

Goldman, Morgan under Fed control
WASHINGTON: Global financial services provider Goldman Sachs and Morgan Stanley will now become bank holding companies, and come directly under the purview of the Federal Reserve, a move that will entail stricter regulations for the previously ...

Kingfisher hopes to turn profitable by 2010
Applies for a licence to import aviation turbine fuel

Formal approval to ten IT, ITeS economic zones


Other Stories



Barometer


Briefly
Philips brand value up in global Interbrand ranking
AMSTERDAM: Royal Philips Electronics has announced a significant growth of its total brand value in the 2008 ranking of the top-100 global brands as compiled annually by leading brand consultant Interbrand. In this year’s ranking, the ...

TCS teams up with I-SEC Technologies
MUMBAI: Tata Consultancy Services (TCS) and I-SEC Technologies, a fully-owned subsidiary of ICTS International of the Netherlands, a leader in aviation security, have developed a product for automatic document checking at airports, in ...

Canara Bank raises FCNR(B) deposit rates
BANGALORE: Canara Bank has raised the interest rates on FCNR (B) deposits denominated in U.K. pound sterling, U.S. dollar, euro, Canadian dollar and Australian dollar, with effect from September 17. The rates are now higher by 50 percentage ...

Rakindo Developers to enter hospitality space
CHENNAI: Rakindo Developers will be launching its maiden 4-star lifestyle business hotel in Chennai next year in association with Millennium & Copthorne of Singapore. According to a release, the hotel will cater to the urban business ...

Infotech Noida facility on stream
HYDERABAD: Infotech Enterprises inaugurated its new facility in Noida. It was inaugurated by M. M. Pallam Raju, Minister of State for Defence, and Som Mittal, President, Nasscom. Alex Gerets from Tele Atlas’ global headquarters in ...

Citrix Systems opens sales office
BANGALORE: The U.S.-based Citrix Systems, a provider of application delivery infrastructure, has opened its new sales office in Bangalore, where its R&D organisation is also housed. The company has announced plans to invest $200 million in ...

Punj Lloyd arm gets Libyan contract
NEW DELHI: Punj Lloyd Upstream, a subsidiary of Punj Lloyd, had received a letter of intent (LoI) for a contract worth $42 million in Libya for deploying two onshore rigs. The contract requires drilling exploratory wells in the Gialo oilfield ...




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