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Tuesday, May 12, 2009
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Safeguard duty: Govt defers decision
Global steel, paper makers target India

Chinese city beckons Indian IT cos
Partnership will enable BPO firms to service markets in Japan, Korea and in the ASEAN region

Bongaigaon to receive Cairn’s Ravva crude
The offshore field is expected to yield 1.45 million tonnes in 2009-10

Uncertainty over govt formation reverses Sensex rise
MUMBAI: Bank stocks on Monday prevented the Bombay Stock Exchange sensitive index, Sensex, from falling more than 193 points in the midst of uncertainty about government formation and mixed global cues. Fresh bouts of selling, after ...

Lincoln sets up welding consumables facility
CHENNAI: Lincoln Electric, a world leader in the manufacture of arc welding products and robotic arc-welding systems with its base in Cleveland, U.S., has announced the establishment of its welding consumables facility in Chennai. ...

Biocon chief wins Nikkei Asia Prize
BANGALORE: Kiran Mazumdar-Shaw, Chairman and Managing Director, Biocon, has been awarded the Nikkei Asia Prize for 2009. The prize has been instituted in 1996 by Nihon Keizai Shimbun (Nikkei), a Japanese business daily. Ms. ...

Other Stories



Barometer


Briefly
Hitachi Data partners Wipro Infotech
BANGALORE: Hitachi Data Systems has announced a partnership with Wipro Infotech, provider of IT services. This alliance will help enterprise customers across verticals avail a wide range of services, consultations and next generation storage ...

Gujarat NRE Coke arm gets $50 m loan
KOLKATA: Gujarat NRE Minerals (GNM), an Australian subsidiary of Gujarat NRE Coke, has negotiated and secured a $50 million long-term loan facility with the help of its parent company Gujarat NRE Coke as a guarantor. The facility is sanctioned ...

Maruti to increase R&D headcount to 1,000
GURGAON: Maruti Suzuki India will be increasing headcount in its R&D division to 1,000 by the end of March 2010, as it gears up to meet parent Suzuki Motor Corp’s aim of making the Indian subsidiary global hub for small car ...

Deutsche Bank, Matrix launch Platinum card
CHENNAI: Deutsche Bank and Matarix Cellular India have launched Deutsche Bank Matrix credit card. The Deutsche Bank Matrix card will be available in a platinum variant and will come with a Matrix gift voucher of up to Rs. 10,000 along with all ...

Escorts’ initiative for farmers
CHENNAI: Escorts has flagged off `Jai Kisan Utsav’, a customer-focussed initiative for the Indian farming community. It offers host of benefits, ranging from insurance schemes, exchange programmes and free service camps for farmers. This ...

New MD and CEO for Bombay Stock Exchange


Cisco gets new head for channel operations
BANGALORE: Cisco has appointed B. Raghavendran as vice-president, channel operations and commercial strategy, Cisco India & SAARC. Mr. Raghavendran will also focus on reinforcing Cisco’s presence in the commercial segment. Mr. ...




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