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Tuesday, September 15, 2009
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SEBI panel for rotation of partners of audit firm every 5 years
MUMBAI: The Chief Financial Officers of listed companies can be any person with financial or accounting background, a Securities and Exchange Board of India committee has said, setting aside a proposal by the market regulator to appoint only ...
Montek scales up GDP growth
NEW DELHI: Planning Commission Deputy Chairman Montek Singh Ahluwalia on Monday sought to scale up the commission’s earlier growth projection of 6.3 per cent for the current fiscal a tad higher on account of stronger industrial recovery ...
IBM, ISB create research ‘Collaboratory’
NEW DELHI: IBM and the Indian School of Business (ISB) have established a research ‘Collaboratory’ at the ISB campus for furthering research in service science. According to a release, IBM and ISB have been working closely on ...
Polaris signs MoU with Hong Kong company
CHENNAI: Polaris Software has signed a memorandum of understanding with PCCW Solutions, a subsidiary of Hong Kong’s premier telecommunications provider PCCW, to jointly market and deliver Intellect Global Universal Banking (GUB) 10.0 and ...
Reliance MF pays dividend for NRI Equity Fund
MUMBAI: Reliance Mutual Fund, under Reliance Capital Asset Management, has announced 40 per cent (Rs. 4 per unit) dividend for NRI Equity Fund, an open-ended diversified equity fund. Its primary objective is to generate optimal returns by ...
Vijaya Bank to finance Leyland vehicles
CHENNAI: Vijaya Bank has forged an alliance with Ashok Leyland. According to a memorandum of understanding, Vijaya Bank will be a preferred financier for commercial vehicles of Ashok Leyland. Under the vehicle loan scheme, customers can avail ...
EdServ to invest Rs. 20 crore on expansion
CHENNAI: EdServ plans to invest Rs. 20 crore for expanding its presence in the school segment in three stages. According to a release, the company will be providing infrastructure and academic support in stage I. In stage II, it will implement ...
Maharishi Solar partners U.S. firm
CHENNAI: Maharishi Solar Technology, a venture of Maharishi Group, has announced its tie-up with the industrial division of the U.S. - based Abengoa Solar. The U.S. company will support Maharishi Solar through technology transfers, training of ...
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