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BUSINESS
BoA approves 10 SEZs
Mukesh Ambani’s Rewas Ports, Raheja group given extension

Exporters seek slew of concessions
Meet Pranab Mukherjee as part of pre-budget consultations

GM facing difficulties in raising funds in India
NEW DELHI: Bankrupt General Motors on Tuesday said it was facing difficulties in raising funds for its under-construction engine transmission plant in India, involving an investment of $200 million, due to the apprehensions of financial ...

AMD introduces six-core processor
The India Development Centre develops the product

Infra sector shows signs of recovery


Tata Sky to focus on differentiated product offerings
Wants Central Government to take a realistic look at revenue sharing model

Canon Singapore infuses Rs. 100 crore in Indian arm
KOLKATA: Digital imaging company Canon Inc. has infused Rs. 100 crore into its Indian arm. This has been done through Canon Singapore Pte Ltd., of which Canon India is a wholly-owned subsidiary. Canon India has given Canon Inc the highest ...

Paramount plans overseas flights
NEW DELHI: Paramount Airways, which boasts a unique business model in having all business class domestic flights, is drawing ambitious plans to launch its international operations by 2012. “We are in fairly advanced stage of ...

Other Stories



Barometer


Briefly
HDFC Standard launches Wealth Multiplier
CHENNAI: HDFC Standard Life has launched unit linked wealth multiplier suitable for high networth individuals with limited premium paying term of three years for a fixed tenure of 10 years. According to a release, the fund provides an ...

Reliance MF AUM crosses Rs. 1 lakh crore
NEW DELHI: Reliance Mutual Fund has crossed an average asset under management (AUM) of Rs. 1 lakh crore. “The surge in May was mainly due to improving liquidity and strengthening market sentiment,” Reliance Mutual Fund CEO, Sundeep ...

LVB revises interest rates on deposits
CHENNAI: Lakshmi Vilas Bank has reduced interest rates 50-100 basis points for deposits across different maturity periods. For senior citizens, an additional interest rate of 75 basis points is applicable for one year and above, says a bank ...

Bergamo shopping centre in Chennai
CHENNAI: KKA Buildtech has announced its first project in Chennai, Bergamo luxury shopping centre. Set up at a cost of Rs. 10 crore (excluding the cost of land), the project is spread over 40,000 sq. ft. and has been designed by DSP ...

FINO introduces remittance services
CHENNAI: Financial Information Network and Operations (FINO) has launched remittance services, using its smart card technology. According to a release, the solution named Fino-Tatkaal, acts as a bridge between the remitter and the beneficiary, ...

MARG signs MoU with BSNL
CHENNAI: MARG has signed a memorandum of understanding (MoU)with BSNL to provide telecommunication facilities in the infrastructure project, MARG Swarnabhoomi. Under the MoU, BSNL will provide voice, data, WiFi hotspots, video and audio ...

Indus Tower appoints new CEO
NEW DELHI: Indus Towers, a joint venture company formed by Bharti Group, Vodafone Essar and Aditya Birla Telecom, on Monday announced the appointment of B. S. Shantharaju as the new Chief Executive Officer (CEO) with immediate effect. He takes ...

Maureen Breakiron-Evans on Cognizant board
CHENNAI: Cognizant has elected Maureen Breakiron-Evans to its board of directors and she will serve on the company’s audit committee. Ms. Breakiron-Evans served as Chief Financial Officer of Towers Perrin from January 2007 until April ...




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