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Tatas to use TCS proceeds for promoting group companies
MUMBAI, JULY 21.Tata Sons Ltd., the holding and investment company of the Tata group, will use the IPO (Initial Public Offering) proceeds of Tata Consultancy Services Ltd. (TCS), for promoting other Tata companies by increasing its stake in these ...
Marketmen greet modified transaction tax
MUMBAI, JULY 21. The well thought out decision of the Finance Minister, P. Chidambaram, to maintain 0.15 per cent or 15 basis points (bps) transaction tax for delivery trades, which is to be shared equally between buyers and sellers, would be a ...
Fischer sees big scope for trade with India
MUMBAI, JULY 21. Germany today said there was lot of potential for bilateral cooperation with India in various fields, including IT, life sciences, finance, chemicals and insurance. "There is lot of potential for cooperation between the two ...
Exports shoot up 34 p.c. in June
NEW DELHI, JULY 21.Exports have shot up in June by as much as 34.3 per cent in June, reflecting economic recovery in markets of developed countries. Imports have also picked up in the same month by 43 per cent in tune with the pick up in ...
Other Stories
Britannia Industries net profit up
Rupee weakens further
Sensex gains 36 points
National Insurance to launch innovative products
BOC plans unit in Hyderabad
New coaches from Irizar TVS
HDFC to buy stake in Intelenet
Barometer
Exchange rates
Bullion rates
Briefly
Birlas, Lodha maintain silence
KOLKATA, JULY 21. With the content of the disputed will of Priyamvada Birla still a closely guarded secret the contending parties, Birlas and their auditor, Rajendra Singh Lodha, today maintained a studied silence waiting for the law to take its ...
CalPERS registers as FII
MUMBAI, JULY 21. As a pointer towards growing confidence in the Indian capital market, California Public Employees Retirement System (CalPERS) with investment portfolio of $162 billion has registered with the Securities and Exchange Board of ...
VC fund for real estate
NEW DELHI, JULY 21. The Securities and Exchange Board of India has granted approval to Fire Capital to start operations as the country's first venture capital fund for real estate. The company proposes a corpus of $50 million from within and ...
Airtel launches new portal
COIMBATORE: Airtel on Wednesday announced the availability of devotional music, mantra's and holy chants on Airtel Live, the multi-access entertainment portal on the mobile phone. The Director-Mobility, and Chief Executive Officer of Bharti ...
Windshield Experts to expand
NEW DELHI: Windshield Experts plans to open 36 outlets in 29 cities by March 2005, including outlets in Coimbatore, Kochi and Hyderabad. The retail venture of Japanese Glass Company, PSC Tokyo and Allied Fincap Service has a network of repair and ...
ITC launches new biscuit
CHENNAI: The ITC foods division launched Sunfeast Milky Magic biscuits in Chennai on Wednesday. The biscuits are made of cow's milk and milk will be sourced from Avain, Tamil Nadu's largest co-operative milk producer. The Divisional Chief ...
Lok Adalat to settle NPAs
CHENNAI: A Lok Adalat programme at Villupuram organised by the Indian Bank saw 57 NPA (non-performing assets) accounts with balances outstanding Rs. 27.33 lakhs were settled for Rs. 12.76 lakhs by Principal District Judge V. Ramamoorthy, says a ...
LVB in pact with ICICI Infotech
CHENNAI: Lakshmi Vilas Bank (LVB) has entered into an agreement with ICICI Infotech for developing core-banking solution. LVB and ICICI Infotech have jointly developed a solution by integrating the front-end of the existing LBS 2001 software with ...
Other Stories
Award for FICCI
Progeon, Aceva join hands
AP Paper to get $35m loan from IFC
AirTel in pact with Micro Technologies
Two schemes from Birla Sun
Su-Kam's home UPS system
SAIL units maintain production
Hero Honda SBI co-branded card
Aventail introduces new product
U.S. order for FCS Software
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