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Friday, April 17, 2009
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Kidwai to head HSBC India operations
KOLKATA: Naina Lal Kidwai has been appointed as the country head of HSBC group companies in India. Ms. Kidwai will assume the chairmanship of HSBC India operations and the appointment is effective from April 15, an HSBC statement ...
CLB nod for Tech Mahindra to acquire Satyam
Government nominees will continue till further orders
Inflation slips despite higher food prices
NEW DELHI: The rate of inflation slipped further to a new low in over three decades to 0.18 per cent during the week ended April 4 from 0.26 per cent in the previous week despite higher prices of food articles such as vegetables, pulses, ...
Air India carries out major check on Airbus 330
CHENNAI: Air India has successfully carried out ‘2C’ Check with in-house expertise for the first time on an Airbus 330 aircraft, resulting in substantial savings in foreign exchange. After the check the aircraft was test flown in ...
Classic Polo to open more outlets
Tata Comm’s West African foray
The $600 million project brings together a multitude of nations
ICICI Prudential launches Targets Return Fund
CHENNAI: ICICI Prudential has come out with a new mutual fund scheme “Targets Return Fund”, an open-ended diversified equity fund. Addressing presspersons here on Thursday, Sanjay Parekh, Senior Fund Manager, ICICI ...
Sensex halts winning streak
MUMBAI: Snapping an eight-day-long rally, the Bombay Stock Exchange benchmark Sensex on Thursday tumbled by nearly three per cent on profit-booking even as the country went to the first phase of general elections. With blue chip stocks ...
Ester Industries to double capacity
BHEL gensets make record
NEW DELHI: Bharat Heavy Electricals Limited (BHEL) on Thursday stated that its thermal power-generating sets produced over four per cent more electricity in 2008-09 than the previous fiscal beating even the national average and setting a new ...
Microsoft’s platform for small businesses
CHENNAI: Microsoft India expanded its Windows Server family of operating systems with the launch of Windows Server 2008 Foundation. Built for businesses with 15 or fewer users, it delivers the reliability, security and manageability of the ...
Blue Dart posts Q1 profit of Rs. 12 cr
MUMBAI: Blue Dart Express Limited, a leading express air and integrated transportation, distribution and logistic company, has posted a net profit after tax of Rs. 11.68 crore tax for the quarter ended March 31, 2009. Income from operations ...
Allahabad Bank to sell gold coins
CHENNAI: Allahabad Bank has announced the launch of retail sale of gold coins. B. Mahapatra, Regional Director, RBI, Kolkata released the first lot of gold coins, says a bank release. Initially, gold coins in the denomination of 4, 8, and 10 ...
Punj Lloyd wins Rs. 308 crore orders
NEW DELHI: Punj Lloyd has bagged three orders worth Rs. 308 crore from the Bangalore Metro Rail Corporation (BMRC) for construction of eight metro stations. With this, the order book of the company on consolidated basis has gone up to Rs. ...
Areva T&D bags Power Grid order
CHENNAI: Areva T&D India has received an order for two 500 MVA power transformers from Power Grid Corporation of India. These are the highest in rating 400 kV 3 phase class transformers and will help Power Grid augment capacities of its ...
OIC completes branch networking
BANGALORE: Oriental Insurance Company (OIC) has completed the implementation of its core software (Inlias), enabling the networking of all its 1,018 branches and extension counters, according to a company release. The core software has been ...
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