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Tuesday, August 24, 2010
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Dena Bank to increase pan-India presence
Launches three new deposit schemes
LVB to start housing finance subsidiary
MUMBAI: South-based Lakshmi Vilas Bank (LVB) will be starting a new subsidiary, exclusively devoted to housing finance, and plans a qualified institutional placement (QIP) by end-2010 to raise finance for it. “We have applied to ...
Exporters, industry welcome new trade policy initiatives
Focus has been on support to labour-intensive sectors
ONGC team may put a counter bid for Cairn
NEW DELHI: Waking up to the challenge from abroad, state-owned Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL) and GAIL (India) are learnt to be in talks to make a joint bid to counter Vedanta Resources' $8.48 billion offer for ...
Cairn strikes oil in KG basin onshore
MUMBAI:Cairn India on Monday said it had struck oil and gas at a block in the Krishna-Godavari basin, off Andhra Pradesh coast. Cairn India has informed the Bombay Stock Exchange that Cairn Energy India Pty Ltd. (CEIPL), a wholly owned ...
Tata looking at raising stake in key companies
Exploring the possibility of entering the foods business
SAIL's new unit at Rourkela on stream
NEW DELHI: As part of its Rs.70,000-crore expansion programme, Steel Authority of India Ltd (SAIL) on Monday commissioned a unit procured from Italy-based Danieli at its Rourkela Steel Plant. SAIL Chairman C. S. Verma inaugurated the ...
MapmyIndia launches Maps Version 5.0
NEW DELHI: MapmyIndia on Monday launched the latest version of its maps, GPS navigation and location-based services and also introduced voice guidance and instructions in eight Indian languages besides English. “Our latest maps release ...
Oberoi Realty plans high-rise project
MUMBAI: Oberoi Realty, focussed on premium real estate developments, is planning to execute a high-rise project in Worli, Mumbai. The project, coming up in 2.1 million sq. ft., will include a residential tower and a mixed use tower comprising ...
SBI Life tops Million Dollar Round Table
CHENNAI: SBI Life Insurance has retained the top position of the prestigious Million Dollar Round Table (MDRT) 2010 across the globe. For the second consecutive year, SBI Life has reached the pinnacle of the international coveted league by ...
Entries for Holcim awards invited
ZURICH: The third International Holcim Awards competition offering a total of $ 2 million in prize money is open to sustainable building and civil engineering works; landscape, urban design and infrastructure projects; and materials, products ...
Arshiya launches warehousing zone
MUMBAI: Arshiya International, a supply-chain and logistics infrastructure solutions company, announced the operational launch of India's first Free Trade and Warehousing Zone (FTWZ) in Panvel, Mumbai. The first of five strategically located ...
Maersk service from Shanghai to Chennai
CHENNAI: Maersk Line will be launching its new Far East-Chennai weekly service to be known as the Chennai Express (CHX) from September 14. The port rotation for this new weekly service is: Shanghai-Yantian-Tanjung Pelepas-Port Klang- ...
MIC bags orders from Indian Railways
CHENNAI: MIC Electronics, a leader in design, development and manufacturing of LED video displays and high-end electronic and telecommunication equipment, has bagged orders from Indian Railways. These include provision of a video train ...
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