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Tuesday, May 10, 2005
RTAs crucial for economic growth, says Kamal Nath
Need to frame rules of origin keeping the specifics in mind
RS nod for credit information bill
The Bill seeks to provide legislative support to the business of credit information
S&P becomes major shareholder in Crisil
To leverage opportunities in India and abroad
Sensex up 93 points
MUMBAI: The Sensex on Monday rallied sharply by a steep 92.87 points to close above the strong 6450-resistance mark at 6481.35 on the Bombay Stock Exchange following all round sustained buying by local funds and operators, stretching the bull ...
TCS plans to list on LSE
LONDON: Tata Consultancy Services plans to list the company on the London Stock Exchange, its Chief Executive S. Ramadorai, has indicated. Stating that London was a very important market, Mr. Ramadorai told The Telegraph ``They (LSE) ...
Infosys' ADR issue opens
BANGALORE: The secondary ADR offering of software major Infosys Technologies of 16 million American Depository Shares (ADS) on the Nasdaq against the block of shares to be divested by equity share holders opened on Monday. The offer closes on ...
Dishman Pharma to issue FCCBs
MUMBAI: Dishman Pharmaceuticals & Chemicals will issue unsecured Foreign Currency Convertible Bonds up to $50 million with a right to retain oversubscription up to 20 per cent of the issue. The board at its meeting on Sunday also decided to ...
5:10 bonus from Opto Circuits
NEW DELHI: Opto Circuits (India) on Monday declared a dividend of 35 per cent and issue of five bonus shares for every ten fully paid-up shares, subject to approval in the AGM, the company informed the Bombay Stock ...
New Chairman for Federal Bank
KOCHI: M. Venugopalan has taken charge as Chairman and Chief Executive Officer of Federal Bank. Prior to joining the bank, he was Chairman and Managing Director of Bank of ...
Certificate in Commerce course
COIMBATORE: The Auditors' Association of Southern India will start the Certificate in Commerce course for the next batch of students on May 11. The four-month programme will have classes from Monday to Saturday. It is for those interested in ...
Whirlpool to issue preferential shares
NEW DELHI: Durables major, Whirlpool India, on Monday announced its decision to allot 15.5 lakh redeemable cumulative shares of Rs. 10 each to its parent Whirlpool Corp or its subsidiaries on a preferential basis. A decision to this effect was ...
Nucleus in pact with Sun Micro
MUMBAI: Nucleus Software Exports and Sun Microsystems have announced an agreement wherein the two companies will combine marketing efforts that encompass future of banking software solutions, Sun hardware and the Solaris operating environment. ...
Henkel enters hair colorant segment
CHENNAI: Henkel India has entered the home use hair colorant segment with the launch of two new brands Schwarzkopf `Silkience' and Schwarzkopf `Palette'. With this launch the company expects a growth of 12 per cent to its topline. The ...
Syntel appoints new CFO
CHENNAI: Syntel has appointed Revathy Ashok as the new Chief Financial Officer. Ms. Revathy Ashok will oversee all global finance functions. She will report directly to the Chief Executive Officer, Bharat Desai. She joins Syntel from the ...
Win-Medicare in pact with Leo Pharma
HYDERABAD: Win-Medicare, which has alliances with seven multinationals for marketing their drugs in India, has entered into another alliance with the Denmark based Leo Pharma to launch `Daivonex' in India. The drug is for treatment of Psoriasis. ...
Satyam becomes member at XBRL consortium
HYDERABAD: Satyam Computer Services announced that it has become India's first Direct Participant member at the XBRL International Consortium. The consortium is a non-profit one, whose members include about 300 leading global organisations from ...
Infotech opens geospatial facility in U.S.
HYDERABAD: Infotech Enterprises announced the opening of its U.S. geospatial production facility at Frostburg, Maryland. The facility grew out of collaboration with Frostburg State University (State of Maryland). A number projects are already ...
Elofic to double capacity
HYDERABAD: Elofic Industries, which makes automotive filters, is embarking on an expansion plan to double capacity. Towards this end it would upgrade facilities at its two manufacturing plants located at Faridabad and Hosur with an investment of ...
Micro Labs unit gets UK MHRA nod
BANGALORE: The Goa unit of the Bangalore-based pharma company Micro Labs has received approval from Britain's Ministry of Health and Regulatory Affairs (MHRA). The approval will bring the standards of Micro Labs unit on a par with MHRA standards ...
Jataayu joins AOL's mobile developer programme
BANGALORE: Jataayu Software, a leading vendor of applications for mobile devices, on Monday announced its participation in America Online Inc.'s Mobile Developer Programme. The AOL Mobile Developer program will enable Jataayu to provide handset ...
IFFCO-Tokio launch Barsih Bima Yojana
BANGALORE: IFFCO-Tokio General Insurance Co. Ltd. has launched a weather insurance policy called `Barish Bima Yojana' for the rural masses that will provide insurance cover to farmers against damage to crop due to deficiency in rainfall. ...
Quantum, Veritas offer bundled solution
BANGALORE: Quantum Corp. and Veritas Software Corp. on Monday announced that they would provide small-to-medium-size businesses (SMB) and workgroup customers with a bundled solution enable them to backup and restore critical data, with no ...
Vishal Exports Rs. 450 cr. investment plan
NEW DELHI: Vishal Exports Overseas plans to set up Rs. 450 crore wind farm project in the western or southern region. The company plans to set up 82.50 MW wind farm project with an investment of Rs. 450 crores in Tamil Nadu and Rajasthan, the ...
Base Corporation launches UPS
KOCHI: Base Corporation, dealing in branded imported battery, has launched digital inverter, home UPS in the Kerala market. The UPS automatically adjusts the charging current through the inbuilt microprocessor and the unique features include ...
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