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Wednesday, December 03, 2008
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IDFC MF launches tax advantage fund
MUMBAI: IDFC Mutual Fund on Tuesday launched its open-ended equity linked savings scheme IDFC Tax Advantage Fund that will invest in equity and equity related instruments. The new fund offer which opened on December 1 will close on December ...
Meridian Mobile records Rs. 225 cr. revenue
NEW DELHI: The U.K.-based Meridian Mobile which sells its handsets under the brand name Fly in India has registered an sharp rise in its revenues, touching Rs. 225 crore in April-September 2008 against Rs. 47 crore in the same period in the ...
TMB hikes term deposit rates
THOOTHUKUDI: Tamilnad Mercantile Bank has increased its domestic term deposit rates for three years by 50 basis points from December 1. The new rates are: 11.50 per cent (11 %) for public and 11.75 per cent for senior citizens, says a bank ...
L&T arm bags Rs. 1,450-crore orders
MUMBAI: L&T’s newly formed Buildings & Factories Operating Company, part of its construction division, has bagged orders aggregating around Rs. 1,450 crore in the third quarter of 2008-09 for the construction of IT and office ...
Indian delegation visits British Midlands
LONDON: A delegation of nine companies including Infosys, Godrej Infotech and L&T Infotech recently visited the British Midlands region in the U.K. to enhance business links between India and the U.K. and to explore potential investment in ...
JUSCO gets Mysore water supply project
KOLKATA: Jamshedpur Utilities and Services Company, (JUSCO) a wholly-owned subsidiary of Tata Steel, has bagged a Rs. 152-crore six-year performance-based water management contract for Mysore city. In what is being billed as one of the ...
New independent directors on ONGC board
NEW DELHI: Four more independent directors have been inducted in to the board of Oil and Natural Gas Corporation (ONGC). They are: Chanda Kochhar, S. S. Rajsekar, S. Balachandran and Santosh Nautiyal. With the induction of these directors, ...
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