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Saturday, April 15, 2006

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Infosys net up 33 p.c.
Showers rewards on shareholders to mark 25 years

Tata Sky strategy for DTH roll-out
Business model being evolved to suit Indian conditions

India's pharmaceutical sector set for rapid growth
$65 b worth of drugs will go off patent in the U.S. and Europe in the next two years

NetApp to expand Bangalore centre
Indian engineers fashion the very fabric of storage networking

Revamp credit system to boost exports: FIEO
Plea for access to offshore banking units

NHPC to tap market
NEW DELHI: Announcing a net profit of Rs.701 crore in 2005-06, the National Hydroelectric Power Corporation (NHPC) has said it will enter the capital market by bringing an Initial Public Offer (IPO) by the end of 2006. "The Union Power Ministry ...

Tea industry to woo Pakistan
Will develop blends to suit Pakistani palate

China relaxes foreign exchange control
Move comes ahead of Hu's maiden visit to the U.S.

Other Stories


PM to inaugurate Hannover Fair
NEW DELHI: Acknowledging the strength of its economy, India has been named the Partner Country for the Hannover Technology Fair in Germany, a privilege coming after a gap of 21 years. Showcasing India's innovative drive and potential in ...

EGoM on SEZs to meet next week
NEW DELHI: The Empowered Group of Ministers to study the minimum area required for special economic zones (SEZs) is likely to take up the issue at its first meeting next week. The EGoM to review the land size issue meets barely over a month after ...

Credit Suisse pegs GDP growth at 8.5 p.c.
NEW DELHI: Switzerland-based financial services major Credit Suisse has painted a bullish picture of the Indian economy, forecasting the GDP growth at 8.1 per cent for 2005-06 and 8.5 per cent for this fiscal against predictions of 7.5 per cent ...

UCBs to distribute MF products
MUMBAI: The Reserve Bank of India on Thursday allowed registered urban cooperative banks (UCBs) to market mutual fnd (MF) products on certain conditions. In a notification, the central bank said UCBs should act as an agent of the customers to the ...

HSIDC, IOC sign MoU for petro hub
CHANDIGARH: Indian Oil Corporation (IOC) and Haryana State Industrial Development Corporation (HSIDC) have signed a memorandum of understanding for setting up a petrochemical hub with an investment of Rs, 25,000 crore in Panipat district. The ...

Internet filtering solution from Netsweeper
CHENNAI: The Chennai-based Netsweeper Technologies Pvt. Ltd., which has been serving the U.S. and Canada with its Windows and Linux-based real time web filtering solution, Internet Filtering Solution, employing artificial intelligence ...

Tata Agrico ties up with Godrej Agrovet
KOLKATA: Tata Steel agri division, Tata Agrico, has entered into a business venture with Godrej Agrovet Ltd. to strengthen its rural retailing. Under the tie-up, Tata Agrico would market products such as shovels, crowbars, hammers and sickles ...

Ind Swift starts operations at Baddi unit
SHIMLA: Ind Swift has started operations at its Rs. 40 crore manufacturing facility in Himachal Pradesh for manufacturing tablets, injectibles and liquids. Ind Swift Director, V. K. Mehta, in a release here, said the new unit would manufacture ...

Leelaventures to add 1,500 rooms
NEW DELHI: Leelaventures will be opening its new palaces in Chennai, Hyderabad and Pune by 2009 adding 1,500 rooms. It would become a 2,700-plus room hotel firm in the next three years, according to company President, Peter Leitgeb. The company ...

U.K. based fund invests in IG Petro
CHENNAI: IG Petrochemicals has received Rs.125 crore investment from the U.K. based Spinnaker Capital, an international fund. As part of the investment, Spinnaker will receive 12.50 million optional convertible debentures from IGPL. The bond ...

PSL bags order worth Rs. 85 cr. from Oman
CHENNAI: PSL has bagged an order worth Rs. 85 crore for supply of API quality steel pipes which will be quoted internally and externally, to the Sultanate of Oman. According to a release, the supply against the order is to be completed within ...

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