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Saturday, October 01, 2005
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Current Account turns negative
Trade deficit trebles to $15.8 billion

Court asks Escorts Heart to maintain status quo on sale
Anil Nanda seeks restoration of the Institute to its original status

illycaffe, Sterling to expand chain
$20 million joint investment with Italian company for installing coffee machines

Philips plans cheap mobile handsets
The company moves to state-of-the-art facility in Bangalore

Other Stories



Briefly
SEBI bars promoters, directors of KTL
MUMBAI: SEBI on Friday barred promoters and directors of Konkan Tyres Ltd (KTL) from dealing in the company's securities after finding an unprecedented rise in its share price despite poor financial performance. It directed KTL not to alter its ...

Inflation inches up to 3.75 p.c.
NEW DELHI: The rate of inflation continued on its northward movement and inched up further to 3.75 per cent during the week ended September 17 from 3.53 per cent in the previous week on account of higher prices of minerals, cement and ...

ICAI for convergence of standards
NEW DELHI: Institute of Chartered Accountants of India on Friday called for convergence of accounting standards that are prevalent world over in order to facilitate cross-border investing and ...

RBI paper on priority sector lending
MUMBAI: Looking at an exhaustive review of priority sector lending, the Reserve Bank of India on Friday invited comments on a draft technical paper it has prepared on the matter. The central bank placed the paper, prepared by its internal working ...

CellarStone Inc. acquires software firm in India
CHENNAI: CellarStone Inc. a premier technology and consulting firm based in Foster City, California has announced that it has acquired a majority stake in CellarStone India Pvt. Ltd. (formerly known as TechnoPundit Systems Pvt. ...

Royal Indian receives $1 b financing
MUMBAI: Royal Indian Raj International Corporation, a U.S.-based real estate developer, has announced its entering into a strategic partnership with the New York-based real estate investment banking firm, The Greenwich Group International, to ...

International expo on medical equipment
BANGALORE: Unique Trade Fairs Pvt. Ltd. is organising India Medicare, an exclusive International exhibition on medical equipment, devices, hospital supplies and healthcare products at Bangalore between October 7 and 10. Further details can be ...

KEC Intl bags order from Power Grid
MUMBAI: Power transmission company, KEC International Ltd (KEC), has received an order worth Rs. 82 crore from Power Grid Corporation of India Ltd (PGCIL) for supply and construction of transmission lines. The scope of work includes supply and ...

Syndicate Bank renews ties with Oman exchange
MUMBAI: Syndicate Bank has renewed its management service contract with the Oman-based Musandam Exchange to enable Indian expatriates to take advantage of the bank's speed remittance products including Syndicate e-remit, Syndicate e-draft and ...

Sudhir Jalan appointed AIMA President
CHENNAI: The council of management of the All India Management Association has elected Sudhir Jalan as President. He is at present Vice Chairman of SICPA. Subir Raha, Chairman and Managing Director of Oil and Natural Gas Corporation, was elected ...

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