Online edition of India's National Newspaper
Tuesday, October 24, 2006
ePaper
Online edition of India's National Newspaper Tuesday, October 24, 2006 ePaper |
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News Update
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BUSINESS
Consortium bags Daewoo ElectronicsDeal involving Videocon is valued at $700 m Romania identifies areas for cooperation with India `Low corporate tax, trained labour force to attract Indian investors' 
Sensex loses 114 pointsMUMBAI: The festive mood on Bombay Stock Exchange seems to have come to a halt with the BSE key index, Sensex, suffering a loss of 114 points amid lacklustre trading. Investors seemed to be in festive mood and were engaged only in squaring up ... 
`Contracts for power projects by December'Bids for the Sasan, Mundra projects will be evaluated soon Other Stories
Barometer Briefly Customs duty cut on palm oil till Dec. 31 NEW DELHI: In a bid to check prices of essential commodities, the Central Government on Monday extended the 10 per cent customs duty cut on palm group of oils to two more months till December 31. ... Intel chief to visit India next month MUMBAI: Intel Corp Chairman Craig Barrett, who is also chief of the United Nations Global Alliance for Information and Communication Technologies, is coming to India on a two-day visit from November 2. ... Market holidays MUMBAI: All major markets, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on Tuesday and Wednesday on account of Bhaubeej and Ramzan, ... IBM sues Amazon for infringing patents BOSTON: Key aspects of Amazon.com Inc.'s retailing Web site are improperly built on technologies developed at IBM Corp., `Big Blue' alleged on Monday in two lawsuits against Amazon. Amazon is accused of infringing on five IBM patents, including ... Four Soft acquires U.K.'s FWL Technologies MUMBAI: Logistic software solution provider, Four Soft, has entered into an agreement to acquire the freight and shipping business of the U.K.-based FWL Technologies for a total consideration of Rs. 10-12 crore. The acquisition includes ... LMW to split face value of equity shares CHENNAI: The board of directors of Lakshmi Machine Works has decided to split the face value of equity shares from Rs. 100 each into equity shares of Rs. 10 each subject to approval of shareholders. eanwhile, the company has reported net sales of ... Hexaware capital market practice in Manhattan CHENNAI: : Hexaware Technologies, a provider of IT and BPO services, has announced the new location of its asset management and capital markets practice at its client proximity centre in Manhattan, New York. According to a release, the centre ... DTDC launches `SMS' for speedy delivery CHENNAI: : DTDC, the air express and cargo company, has announced that it has launched `SMS,' its wholly owned subsidiary for carrying out `speedy intra-city' deliveries and mass mailing activities. The service was currently available in the four ... Conference on environment sustainability CHENNAI: : Henkel India, in collaboration with the Institute of Management Technology, Ghaziabad, Monash University, Australia, and George Mason Uniiversity, U.S., has announced the launch of an `International Conference on Green Competitiveness ... Xtrapower fleet card holder gets insurance claim KOCHI: Under the Xtrapower fleet card programme, Indian Oil Corporation's Kerala state office handed over a cheque for Rs. 4 lakh to N. K. Rajamma, widow of P. L. Sadanandan, a bus operator from Palluruthy who died in a road accident. S. ... TCI plans Rs. 450 cr. investments HYDERABAD: Transport Corporation of India Ltd. proposes to invest Rs. 450 crore in various activities in four years, including Rs. 150 crore in warehousing facilities at five centres, Vineet Agarwal, Executive Director, announced here on Monday. ... SBH second quarter net up 81 p.c. HYDERABAD: State Bank of Hyderabad, one of the largest associates of the State Bank of India, has registered a net profit of Rs. 128.76 crore during the second quarter of the current financial year ended September 30, 2006. This is 81.02 per ... SunTec's financial services software KOCHI: SunTec Business Solutions has launched a global financial services billing software to address the demands from the banking sector, says a press release. ... Tata Indicom announces winner of Onam contest KOCHI: Tata Teleservices Limited, Kerala, has handed over a Tata Indica car to Dhil Ravindran, winner of the Onam mega contest. V. Shyam Sunder, circle operating officer of Tata Teleservices, handed over the keys in the presence of P. V. Sreelal, ... Aptech Ltd acquires Synergetics KOCHI: Aptech Ltd, the global learning solutions company, has announced the acquisition of the Mumbai-based Synergetics Information Technology Services. It will have seventy per cent equity stake in Synergetics, a company engaged in high-end IT ... Elected to the CEPCI KOCHI: Walter D'Souza, managing partner of Fernandes Brothers, Mangalore, was unanimously re-elected as chairman of the Cashew Export Promotion Council of India at the meeting held on October 17. Babu Oommen, proprietor, Alphonsa Cashew ... Sonata Software posts impressive results BANGALORE: Bangalore-based Sonata Software has reported impressive results for the quarter ended September 30, 2006. On a stand-alone basis, Q2 revenues increased by 30 per cent to Rs. 47.06 crore from Rs.36.24 crore, while the profit after tax ... Classmate young author and artist contest KOCHI: For the first time, ITC would be organising a special on-campus classmate day in connection with the classmate young author and artist contest. Some of the schools in Kochi including Delta study, Fort Kochi, Bhavans Adarsha Vidyalaya, ... Read Today's supplements: Metro Plus | Education Plus | Book Review | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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