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Tuesday, December 06, 2005
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Intel unveils over $1 b investment plan
To expand business operations in India

GoM to study revision in sectoral FDI caps
The objective is to attract inflows to sustain high GDP growth

Sensex nosedives 138 points
MUMBAI: After a two-day smart rally, the Bombay Sock Exchange 30-share Sensex, which registered an intra-day high of 9010.73, later turned weak and gradually moved downwards to a low of 8803.37 before ending at 8823.31 against Friday's close of ...

Panel for more vigil on FIIs
NEW DELHI: Foreign institutional investors are welcome but inflows of bad money into the Indian capital market through the FII route, especially from less known tax havens are not, according to an expert panel that submitted its report to the ...

Anti-dumping duty on Chinese silks demanded
`There is a price differential of more than $1'

Other Stories



Barometer


Briefly
Court reserves order on RIL petition
MUMBAI: The Bombay High Court on Monday reserved its order till December 9, on a Reliance Industries petition seeking approval of the demerger scheme worked out as part of a settlement between Ambani siblings, Mukesh and Anil. The order was ...

Bharti offloads stake in Bharti Telesoft
NEW DELHI: The Bharti Group on Monday offloaded 10 per cent stake in Bharti Telesoft to a group of investors led by WestBridge Captial Partners for $13.5 million. Goldman Sachs-backed WestBridge has invested $8 million followed by Sequoia ...

IBM to adopt `open standards' in India
NEW DELHI: IBM will start supporting `open standards' in India from early next year, by which time the company will launch the new version of its Workplace Managed Client supporting Open Document Format ...

Mukand concludes Mumbai land deal
MUMBAI: Mukand Ltd., a leading specialty steel maker, has announced that it has concluded the sale of its land measuring about one lakh sq. metres (about 25 acres) at Kurla in Mumbai with a consortium of developers for Rs. 221 crore. As per the ...

Management software from Transera
BANGALORE: Transera Communications announced on Monday the availability of Seratel, its collaborative call management software. Delivered as a service, Seratel presents groundbreaking tools for the widespread shift to decentralised customer ...

Cisco connectivity project for BHEL
BANGALORE: Communications network major, Cisco Systems, has been selected as the infrastructure provider for Bharat Heavy Electricals Ltd. (BHEL's) campus-wide connectivity project in Tiruchirapalli. BHEL has invested nearly Rs. 5 crore in the ...

Zoom Tech's security training centre
HYDERABAD: Zoom Technologies, a full service, data networking and security solutions provider, announced the opening of a state-of-the-art network and security training centre across a 10,000 sq. ft. space. The Minister for Revenue, Dharmana ...

Telcon launches new age excavators
BANGALORE: Telcon, a joint venture company of Tata Motors and Hitachi Construction Machinery Co. of Japan has launched its new age smart excavators — ZAXIS 120H and ZAXIS 450H. The TATA Hitachi Zaxis Series is the latest in construction ...

ICSA (India) to issue fully convertible warrants
HYDERABAD: ICSA (India) has decided to issue 14-lakh fully convertible warrants (FCW) of Rs. 10 each at an issue price of Rs. 400 a warrant which will be convertible into equity shares at a later date. Out of this, five lakh FCWs would be issued ...

Agilent expands product portfolio
HYDERABAD: Agilent Technologies Inc, a global diversified technology company, has introduced its updated compliance portfolio in the Indian market to help pharmaceutical and medical companies to meet global laboratory compliance regulations. ...

TMB hikes NRE, FCNR rates
TUTICORIN: The Tamil Nadu Mercantile Bank Ltd. (TMBL) has hiked the interest rates on non-resident external (NRE) and fully convertible non-resident (FCNR) term deposits with effect from December 1. An official release on Monday said the ...




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