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Friday, January 28, 2005

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SAIL net leaps, returns to dividend list
NEW DELHI, JAN. 27.The Steel Authority of India Ltd (SAIL) today announced a 15 per cent interim dividend after a gap of seven years. The company reported a jump in net profit at Rs. 1,514 crores in the quarter ended December 2004 against Rs. 738 ...

Dabur buys Balsara businesses for Rs. 143 crores
NEW DELHI, JAN. 27.Dabur India today announced the acquisition of Balsara Hygeine and Home Care businesses for Rs. 143 crores and said it would look at more buyouts to capitalise on the consolidation in the sector. The company board, which met ...

Smart rally in equities lift Sensex
MUMBAI, JAN. 27.Equities rallied smartly lifting the sensex by another 76 points at close on the Bombay Stock Exchange today as operators squared up positions in the last trading session of January contract in derivatives and institutional ...

American Chamber's plan to boost business cooperation
CHENNAI, JAN. 27.The American Chamber of Commerce in India (AMCHAM), an association of U.S. business enterprises in India, is keen that the foreign direct investment from the U.S. reach $50 billion by 2010. Currently, the FDI flow from the U.S. ...

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Lupin ties up with Cornerstone
MUMBAI, JAN. 27.Lupin Pharmaceuticals Inc (LPI), the wholly-owned subsidiary of Lupin, has entered into an alliance with Cornerstone BioPharma Inc as a promotion partner in the U.S. for its Suprax (cefixime) anti-infective. "Commencing ...

Tata Chem's FCCB issue
MUMBAI, JAN. 27.Tata Chemicals Limited has raised $150 million through foreign currency convertible bonds for funding new projects, expansion plans and overseas investments. The bonds, which were raised on Tuesday, are convertible into ordinary ...

Sutherland ties up with Talisma
CHENNAI: Sutherland Global Services has tied-up with Talisma, a solutions provider for the online customer service and support market. This partnership will expand the market reach for Talisma's multi-channel CRM solutions and provides Sutherland ...

Concerto's new offerings
NEW DELHI: Concerto Software, a leading provider of contact centre solutions, today announced the availability of `FirstPoint Enterprise 10.0' and `Conversations 6.0' to further strengthen its offerings in the Indian market. The Concerto ...

Vignettee to expand development centre
HYDERABAD: Vignette Corporation has announced expansion of its Global Development Center (GDC) with Virtusa Corporation to support co-development of future versions of Vignette products. With an expected staff of more than 140 employees, ...

BPO arm picks up space in tech park
BANGALORE: Indigo Lever Shared Services, the BPO arm of the Unilever Group of companies, including Hindustan Lever, has picked up 26,000 sq. ft. in the First Technology Place (FTP), a technology park at Whitefield here. Developed by the ...



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