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Tuesday, June 02, 2009
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Exports drop 33 % in April
Continued recession in U.S., Europe take a toll on trade
Industry outlines wish list
Emphasis on ensuring 8-9 per cent growth rate during 2009-10
Manufacturing, export sectors key focus areas
NEW DELHI: Newly appointed Minister of State of Commerce and Industry Jyotiraditya Scindia on Monday said that the UPA Government would be taking all possible steps to halt the decline in exports and provide relief to the ...
Shinde to seek higher budgetary support for power projects
NEW DELHI: In his second innings at the Shram Shakti Bhavan, Union Power Minister Sushil Kumar Shinde on Monday said the Government would focus on giving a major thrust to rural electrification programme that had been lagging behind for ...
NTPC nuclear power joint venture by June
To develop a mine at Brahmani jointly with Coal India
Dorf Ketal buys business from Sanmar group
NEW DELHI: Specialty chemicals major Dorf Ketal Chemicals on Monday announced that it had acquired the Intec business from Sanmar Specialty Chemicals. Intec is one of the world leaders in the business of organic titanates, poly vinyl formal ...
New IBA chief elected
MUMBAI: Punjab National Bank Chairman and Managing Director K. C. Chakrabarty has been elected Chairman of the Indian Banks’ Association (IBA) for 2009-10 at the association’s managing committee meeting held here on Monday. Mr. ...
BIC Logistics Ventures’ plans
CHENNAI: BIC Logistics, with its base in New Delhi, has entered into a partnership with Toll Global Logistics of Australia and promoted a joint venture company ‘BIC Logistics Ventures’ to expand its presence ...
Amara Raja’s turnover up 21 %
CHENNAI: Amara Raja Batteries has announced a topline growth of 21 per cent in the year ended March 31, 2009 recording net revenues of Rs. 1,317.72 crore against Rs. 1,083.33 crore in the previous year. The profit before taxation was Rs. ...
Ramco Systems’ revenue at Rs. 188 crore
CHENNAI: Ramco Systems has posted a global revenue of Rs.187.65 crore in the year ended March 31, 2009, against Rs. 195.32 crore in the previous year. The net profit was Rs. 2.02 crore against Rs. 10.49 crore in the previous year. The company ...
KVB ties up with educational institutions
CHENNAI: Karur Vysya Bank is helping school and college students to pay their fees through its ATMs, according to P. T. Kuppuswamy, Managing Director and Chief Executive Officer of the bank. He was in Chennai in connection with the ...
Gujarat NRE allots warrants to two banks
KOLKATA: Met coke maker Gujarat NRE Coke has allotted debentures totalling Rs. 50 crore to Corporation Bank and State Bank of Hyderabad (SBH). While 400 non-convertible debentures totalling Rs. 40 crore had been allotted to Corporation Bank, ...
AJ Square introduces ‘Redchery’
CHENNAI: AJ Square Consultancy Private Limited has launched ‘Redchery’, a product using the latest data streaming technology for mobile devices. According to a release, this patent-protected mobile business application has been ...
Premji conferred Doctor of Humane Letters
BANGALORE: Azim Premji, Chairman, Wipro and founder, Azim Premji Foundation, has been conferred Doctor of Humane Letters by Wesleyan University, Connecticut, U.S. The honour was bestowed on Mr. Premji for his achievements as a “renowned ...
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