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Friday, December 10, 2004
Cut in non-tariff barriers sought from France
NEW DELHI, DEC. 9. India today urged France to reduce non-tariff barriers on food exports from this country and to liberalise the visa scheme for IT professionals. Market access issues were also raised by France, which is seeking a cut in taxes ...
Banks should stick to PLR: Vijaya Bank CMD
NEW DELHI, DEC. 9.Senior bankers have expressed concern that the on-going lending rate war among banks was impacting their bottom lines severely even as the rising interest rates were eroding their investments in government securities. The ...
24/7 Customer opens Chennai centre for BPO services
CHENNAI, DEC. 9. 24/7 Customer, provider of outsourced contact centre and BPO services to global companies, has opened its facility for BPO services in Chennai. The company will add 1,000 new jobs in Chennai, over the next 6-9 months. The Chennai ...
Top appointments in insurance sector
NEW DELHI, DEC. 9. Along with the appointment of R. N. Bhardwaj as Chairman of Life Insurance Corporation of India (LIC), the Government has announced a number of fresh appointments in the insurance sector. The Appointments Committee of the ...
Oil prices rise
LONDON, DEC. 9.Oil prices rose for the second day in a row on Thursday. The Kuwait Oil Minister called for the Organisation of Petroleum Exporting Countries to cut output by half a million barrels in the second quarter next year. ...
SEBI directive to exchanges
MUMBAI, DEC. 9.The Securities and Exchange Board of India has said the listed companies, whose stocks are available for derivatives contracts or were part of index with derivatives, should give a 30-day notice for corporate action like merger, ...
Videocon to merge Petrocon
MUMBAI, DEC. 9.Videocon Industries will merge Petrocon India with itself. At a board meeting held today, the directors have approved the merger scheme and announced that the exchange ratio would be five shares of Videocon for every two shares ...
Motivation camp on entrepreneurship
COIMBATORE: The Small Industries Service Institute (branch) will organise here an awareness-cum-motivation campaign for "Entrepreneurship in agro food industries" on December 14. Expert faculties are also invited to lead the campaign. For details ...
KE-Burgmann to expand R & D activities
CHENNAI: KE-Burgmann Flexibles India, a wholly owned subsidiary of KE Burgmann of Denmark, is planning to expand its research and development activities. The company, which manufactures metal, rubber and fabric expansion joints, plans to invest ...
DCB revises mortgages rates
CHENNAI: Development Credit Bank has revised mortgage rates for its home purchase loans, home construction loans and home improvement loans. The fixed and floating rates for home purchase and construction loans are 8.2 per cent and 7.75 per cent ...
Syndicate Bank launches retail product
CHENNAI: Syndicate Bank has launched Synd Yatra, a retail loan product that caters to domestic and international travel for holiday, personal and business travel undertaken by its customers. Under this scheme, the bank will be offering loan up to ...
Glasstech India 2004
CHENNAI: Glasstech India 2004 (South Edition) is being organised by Zak Trade Fairs & Exhibitions at Palace grounds, Bangalore. Zak Glasstech India 2004 has Saint Gobain Glass India as principal sponsor. The organisers have arranged technical ...
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