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Realtors to raise Rs. 11,000 cr through initial public offering
Four companies file draft prospectus with SEBI

India-Russia trade target set at $20 b
Both sides call for diversification of trade into high technology areas

‘L&T can build higher capacity nuclear plants’
Naik aims to get orders worth Rs. 1,500 crore in this sector

Naredco to present PPP model report on housing
NEW DELHI: National Real Estate Development Council (Naredco), which represents stakeholders engaged in various fields of real estate development, will present to the Centre a detailed report of various public-private partnership (PPP) models ...

Notice served on ArcelorMittal venture
NEW DELHI: The Union Coal Ministry has warned ArcelorMittal and GVK Power that the allotment of joint coal block at Seregarha in Jharkhand would be cancelled for the inordinate delay in carrying out developmental work at the property. ...

Ambuja Cements’ founder promoter steps down
KOLKATA: Suresh Neotia, one of the two founder promoters of Ambuja Cements, has stepped down from the chairmanship of the company. A company release said that Vice-Chairman N. S. Sekhsaria, who had set up the company with Mr. Neotia, had ...

TCS services for Carnation Auto
CHENNAI: Tata Consultancy Services (TCS) on Tuesday said that it had been chosen by Carnation Auto, a Jagdish Khattar initiative, to provide end-to-end system integration services. Multi-year deal The ...

GIC Housing cuts home loan rate
KOLKATA: The housing finance outfit of General Insurance Corporation of India (GIC), GIC Housing Finance Ltd (GICHFL), has slashed its housing loan interest rate to an all-time low of 7.95 per cent, even as it chases a steep loan sanction ...

Sensex gains on firm global trend
MUMBAI: The Bombay Stock Exchange benchmark sensitive index, Sensex, gained nearly 160 points on Tuesday on fresh buying by funds in line with firming global trends. The Sensex closed higher by 159.91 points at 16852.91 against 16693 ...

TRS launches e-numbering scanner
CHENNAI: The Chennai-based TRS Forms and Services, an IT-enabled services company (ITeS) and a provider of solutions and products in the optical mark reader (OMR) scanner technology, launched a new e-numbering scanner, FireEye. ...

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Barometer


Briefly
Kerala IT software team visits China
THIRUVANANTHAPURAM: A seven member IT software delegation led by Ajay Kumar, IT Secretary, Kerala Government, visited Shenyang, China, coinciding with the 2009 North East Asia Hi-tech Fair. The highlight of the visit was a meeting with Zhou Da ...

Swissotel partners Bengal Ambuja Realty
NEW DELHI: Swissotel, owned by Fairmont Raffles Hotels International, has signed a management contract with Bengal Ambuja Realty. According to a release, Jones Lang LaSalle Hotels, a leading hospitality consultancy, has acted as an exclusive ...

IBSF Promos’ shopping festival
CHENNAI: IBSF Promos and Events has announced nation-wide shopping festival. The festival, which started this month, will cover from Kashmir to Kanyakumari. It ends with retail awards in January next year. It will cover 21 States and 500 plus ...

NCR to supply 3,800 ATMs to SBI
CHENNAI: State Bank of India (SBI) will be purchasing 3,800 automated teller machines from NCR Corporation. The bank has entered into a seven-year ATM services contract with NCR, a global leader in ATMs. In a release issued here on Tuesday, ...

TAKE Solutions in pact with Novel Therapeutics
CHENNAI: TAKE Solutions, a leader in supply chain management (SCM) and life sciences products, has signed a deal with Novel Therapeutics, engaged in developing, manufacturing and marketing of generic pharmaceutical formulation. Under the ...

FLSmidth gets LEED Gold rating
CHENNAI: FLSmidth, engaged in providing total solutions in the EPC sector catering to cement and mineral industries, has been awarded LEED Gold rating for establishing world class green standards and practices at its India headquarters located ...

New President for IEEMA
CHENNAI: Murali Venkatraman has taken over as President of Indian Electrical and Electronics Manufacturer’s Association (IEEMA) from V. V. Paranjape, says a release. IEEMA is the apex chamber for the power transmission and distribution ...




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