Online edition of India's National Newspaper
Friday, June 09, 2006
FIIs to be allowed in crude futures
Close watch on sugar, wheat prices
Panel to screen phone licence applications
Ministers' decision to end long wait for clearance
Sensex crashes 461 points
Domestic MFs start offloading under redemption pressure
EDS acquires majority stake in MphasiS
The conditional offer of EDS to buy 83 million shares sails through comfortably
Customs duty on pulses scrapped
NEW DELHI: With a view to keeping the prices of pulses in check, the Government has exempted pulses fully from customs duty till March 31, 2007. At present pulses attract customs duty of 10 per cent. ...
Duty relief on select products from Nepal
CHENNAI: The Union government has exempted from levy of additional duty of customs 13 categories of products of wholly Nepalese origin. These include, among others, unprocessed agricultural, horticultural and forest produce and minerals, rice, ...
ECB raises key interest rate
MADRIDLONDON: The European Central Bank raised its key interest rate by a quarter of a percentage point to 2.75 per cent on Thursday in a move aimed at keeping inflation at bay. Mittal Steel commences U.S. offer for Arcelor LONDON: ...
Mittal Steel commences U.S. offer for Arcelor
LONDON: Mittal Steel on Thursday announced that it had launched an offer to shareholders of the rival European company in the U.S., which would last till July 5. Under the deal, Mittal Steel is offering one Mittal Steel Class A common share plus ...
Workshop on IPR
COIMBATORE: The Confederation of Indian Industry, Coimbatore Zone, will organise a workshop here on "Protection of Intellectual Property Rights by businesses" on June 10. Assistant Controller of Patents and Designs, Chennai, V. Rengasamy, will ...
CollabNet plans to expand business
CHENNAI: CollabNet, a U.S.-based collaborative software development solution provider, plans to expand its business into the Indian market by strengthening its customer base and operations. The President and CEO of CollabNet, Bill Portelli, said ...
KVB brands online funds transfer as e-FLASH
CHENNAI: Karur Vysya Bank has branded its service of online real time funds transfer (RTGS) as KVB e-FLASH (transfer your funds at the speed of lightning). e-FLASH is the fastest and most secure mode of transfer of funds electronically in real ...
City Union Bank posts higher profit
CHENNAI: City Union Bank has posted a net profit of Rs. 56.37 crore for the year ended March 31, 2006, against Rs. 46.32 crore in the previous year, a rise of 21.7 per cent. The operating profit has increased by 33.7 per cent to Rs. 109.15 crore ...
Indian Hotels recommends 130 p.c.
CHENNAI: Indian Hotels Company has recommended a dividend of 130 per cent (Rs. 13 per equity share of Rs. 10 each) for the year ended March 31, 2006 against 100 per cent in the previous year. The company has posted a net profit after tax of Rs. ...
Intel programme for children
CHENNAI: Intel India has launched a nationwide offer called Double Promotion that aims at equipping children with superior computing using Intel's dual core technology for success at school this academic year. Under this programme, five winners ...
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