Online edition of India's National Newspaper
Tuesday, March 28, 2006
Online edition of India's National Newspaper Tuesday, March 28, 2006 |
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RBI eases norms on overseas JVs Guarantee terms relaxed 
SpiceJet, SBI Cards launch co-branded credit cardSpiceJet mulls `options' including FCCBs to pay for aircraft purchase 
First Large Taxpayer Unit to be operational from July 1LTUs not "mandatory" on tax payers, says Finance Minister RBI Governor to respond on CRR cut BANGALORE: : Reserve Bank of India Governor Y. V. Reddy will meet bankers shortly and respond to their demand for a one percentage point cut in the Cash Reserve Ratio, Finance Minister P. Chidambaram has said. "The Governor will respond. ... 
Sensex crosses 11000-markMetal and fast moving consumer goods stocks remain in the forefront Other Stories
Barometer Briefly Centurion Bank sells shares MUMBAI: Centurion Bank of Punjab on Monday sold four crore shares at a price of Rs. 24.50 a share, aggregating Rs. 98 crore. The bank will utilise the sale proceeds to make provisions for bad assets. ... IndusInd Bank ties-up with Abu Dhabi Bank NEW DELHI: IndusInd Bank (IBL) on Monday announced a strategic alliance with Union National Bank (UNB) of Abu Dhabi to explore business opportunities generated by expatriates. ... GAIL gets 8 EoIs from shipping firms NEW DELHI: GAIL India Ltd. on Monday said eight shipping firms and consortia, including Mitsui and Marubeni of Japan and Exmar of Belgium, had evinced interest in transporting CNG from its gas blocks in Myanmar to India. ... Indra Nooyi on NY Fed board NEW YORK: Indian-American Indra Nooyi, who is now President and Chief Financial Officer of PepsiCo, has been elected to the board of directors of the Federal Reserve Bank of New York. According to New York Fed spokeswoman Linda Ricci, the ... Indian firm charged by SEC LONDON: An Indian accounting firm, RK Dhawan and Co., and another from Cyprus, Savvides and Partners/PKF, have been charged at a Manhattan court with alleged misconduct by the Securities and Exchange Commission (SEC) in their audits of collapsed ... Bajaj Allianz to infuse additional capital CHENNAI: Bajaj Allianz Life Insurance has decided to infuse fresh capital of Rs. 132 crore to take the capital base to Rs. 500 crore. The step is as per the Insurance Regulatory and Development Authority (IRDA) guidelines, a release said here on ... Dhoni, brand ambassador for Reliance Comm. CHENNAI: Reliance-Anil Dhirubhai Ambani Group (R-ADAG) has signed up Indian cricketer Mahendra Singh Dhoni as the brand ambassador for Reliance Communications Ventures Ltd. Under the terms of the contract, the cricketer will endorse the ... Bharat Hotels files prospectus with SEBI MUMBAI: Bharat Hotels has filed the draft red herring prospectus with the Securities and Exchange Board of India for is proposed initial public offering. It proposes to offer up to 12 million equity shares of the face value of Rs. 10 each for ... Ranbaxy launches Osonide inhaler GURGAON: Ranbaxy Laboratories has launched its branded product, Osonide (Ciclesonide) inhaler, a novel once-a-day product, used in the treatment of asthma. Osonide is available in hydroxy fluoro alkane (HFA) based pressurised metered dose ... Court nod for Amforge's demerger plan MUMBAI: Mahindra & Mahindra's automotive component sector has announced that Amforge Industries has received approval from the Mumbai High Court for its composite scheme of arrangement, inter alia, envisaging demerger of the company's Chakan ... LIC's Bima Gold closes on March 31 KOCHI: Life Insurance Corporation of India's golden jubilee policy `Bima Gold', which received good response from the public, closes on March 31, says a release. LIC's Ernakulam division alone has sold more than 1.50 lakh Bima Gold policies ... Vijaya Bank opens ATM KOCHI: Vijaya Bank opened one more ATM centre on Monday at Janata junction, Palarivattam in Kochi. B. Ullas Rai, regional manager, Kochi region, opened the ATM. This is the third ATM of the bank in Ernakulam and the 15th in the state. The bank ... Liberty Shoes to set up three units KARNAL: Liberty Shoes will set up three new manufacturing units — one at Roorkee in Uttaranchal and two at Ponta Sahib in Himachal Pradesh — to double its production capacity to one lakh pairs of footwear per day in the next three ... Corporation Bank raises Tier-II capital MANGALORE: Corporation Bank has increased its Tier-II capital through an issue of unsecured redeemable non-convertible non-cumulative subordinated bonds for Rs. 300 crore on a private placement basis. According to a release from the General ... Court nod for Amforge's demerger plan MUMBAI: Mahindra & Mahindra's automotive component sector has announced that Amforge Industries has received approval from the Mumbai High Court for its composite scheme of arrangement, inter alia, envisaging demerger of the company's Chakan ... LogicaCMG solution for Bank of Baroda BANGALORE: LogicaCMG, in partnership with Hewlett Packard (HP), will implement NetEconomy's ERASE compliance manager, an anti-money laundering (AML) solution, for Bank of Baroda. In addition, LogicaCMG would implement an integrated payments ... Other Stories
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