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Focus more on retail investors, MFs told
SEBI asks the industry to implement know-your-customer norms in letter and spirit

Sensex plunges 435 points
MUMBAI: After a brief mid-session recovery, sluggish European stocks and sustained sell-off by foreign funds on Wednesday dragged the market down with the Bombay Stock Exchange benchmark Sensex plunging 435 points, registering the ...

Havells India to expand Baddi unit in Himachal
Targets Rs. 500 crore export turnover from this plant

Ban on Chinese dairy products import extended
Mobile phones, toys import also banned

‘Encourage pension funds to invest in infrastructure’


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Barometer


Briefly
Future Generali introduces new product
CHENNAI: Future Generali India Life Insurance Company, has announced the launch of Future Anand, a combination of life and endowment assurance. The plan provides the benefit of two covers in a single policy, while still paying much less than ...

Fujifilm launches a range of digital cameras
NEW DELHI: Fujifilm India. on Wednesday introduced its latest range of seven digital cameras in the eastern States, including West Bengal. “We expect that the Eastern region to contribute around 15 per cent to our national sales in the ...

Huawei ships 1.5 million transceivers
BANGALORE: Huawei Technologies which supplies telecommunications network solutions for operators, has shipped over 1.5 million transceivers (TRXs) for its “fourth-generation” base stations. The company claimed that the ...

Mahindra Holidays IPO opens on June 23
CHENNAI: Mahindra Holidays & Resorts India, a leading leisure hospitality provider and a part of Mahindra Group, is entering the capital market with an initial public offering of 92.65 lakh equity shares of Rs. 10 each for cash at a price ...

Shipping Corporation pays Rs. 6.50 per share
CHENNAI: Shipping Corporation of India has recommended a dividend of Rs. 6.50 per share of Rs. 10 each for 2008-09 on equity capital enlarged by the allotment of bonus shares in the ratio of 1:2. The company paid a dividend of Rs. 8.50 per ...

New Executive Vice-President for Patni
CHENNAI: Patni Computer Systems has appointed Manish Soman as Executive Vice-President and Chief of Operations to its executive leadership team. He will be responsible for the company’s key operations, including sales, technology, ...

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