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BUSINESS
Marginal drop in Hero Honda's net
High cost of raw materials weighs on margins

Samsung launches new printers
The CLP-300 series printers are priced in the range of Rs. 15,990-40,000

Murugappa Group: Alagappan to head Corporate Board
Will quit the boards of listed companies of the group

Other Stories



Barometer


Briefly
Palm oil duty cut extension questioned
NEW DELHI: Questioning the government decision to extend 10 per cent duty cut on various palm group of oils till the year end, the oil industry has said this cut would not serve as an incentive to domestic oilseeds growers. "Prices of oils are ...

Mittal's plan to buy Arcelor shareholders
BRUSSELS: Mittal Steel Co. said on Wednesday that it would spend up to euro 2.6 billion ($3.26 billion) in cash and stock to buy out minority shareholders of Arcelor SA's Brazilian division as part of a merger between the world's two largest ...

EU rules on airlines' carbon trading soon
BELGIUM: The European Commission will draft rules, requiring airlines to trade carbon emissions by the end of this year or early next year, an EU spokeswoman said on Wednesday. ...

Lotte acquires land in Chennai
MUMBAI: Lotte India Corporation, formerly known as Parrys Confectionery, on Wednesday said it had acquired 21.52 acres on the outskirts of Chennai. The company plans to achieve its growth through brand building and expansion of distribution ...

Makino of Japan opens technology centre
NEW DELHI: The Japan-based Makino on Wednesday announced the opening of a technology centre at Manesar on the outskirts of the national capital in the presence of its global President Jiro Makino and B. M. Munjall, Chairman of Hero Group. With a ...

Manthan Systems opens new facility in London
BANGALORE: Manthan Systems, a specialised software solution provider focusing on the retailing and consumer packaged goods industries, on Wednesday announced the opening of its office in London. The new office reflects the company's strategic ...

L. Ganesh becomes Chairman of Rane Madras
CHENNAI: Rane Madras has informed the Bombay Stock Exchange that the board of directors of the company, at its meeting held on October 24, has elected L. Ganesh as Chairman of the company, as L. Lakshman expressed his desire to relinquish his ...

Dena Bank net profit up 41.3 per cent in Q2
CHENNAI: Dena Bank has reported a total income of Rs. 607.57 crore for the quarter ended September 30, 2005 against Rs. 514.37 crore in the corresponding period in 2005. Interest income has risen to Rs. 526.49 crore from Rs. 430.90 crore. The net ...

Punj Lloyd acquires the Sembawang stake
CHENNAI: : Engineering and construction major Punj Lloyd Ltd., through its wholly owned subsidiary Punj Lloyd Pvt. Ltd., has acquired the balance 12 per cent shareholding of Sembawang Engineers and Constructors (earlier known as Sembcorp ...

New financial adviser for DVC
KOLKATA: A 1990 batch IPS officer has taken charge as financial adviser of the multi-utility Damodar Valley Corporation (DVC) which was set up to control floods in the lower Bengal-Jharkhand belt, as one of independent India's first multipurpose ...




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