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Friday, January 19, 2007
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BUSINESS
ONGC seeks tie-up for KG basin gas
Willing to offer equity stake, says Chairman

CII to commission study on impact of globalisation
Focus on auto components, textiles and drugs industry sectors

Ranbaxy records robust results
Global sales up; net profit for 2006 zooms to Rs. 520 cr.

Rs. 3,000 cr. FDI in telecom cleared
Mauritius company to build towers; Ericsson plans $500 m investment

Other Stories



Barometer


Briefly
SBI offers higher rates till March 31
MUMBAI: State Bank of India will offer a special interest rate of 8.25 per cent on all fixed deposits from January 22 to March 31, the bank said in a filing on the Bombay Stock Exchange. ...

PFC to hit market on January 31
MUMBAI: Power Finance Corporation is all set to hit the capital market on January 31 with its Initial Public Offering (IPO) to raise about Rs. 1,000 crore. The company is offering 11.73 crore equity shares of Rs. 10 each in the price range of ...

Bharti to offer mobile services in Sri Lanka
NEW DELHI: Bharti Airtel on Thursday announced that it had received a Letter of Offer from the Telecommunications Regulatory Commission of Sri Lanka to provide 2G and 3G mobile services in Sri Lanka. ...

Sri Lanka ban will affect Bajaj
COLOMBO: Sri Lanka on Thursday announced banning import of three-wheeler autorickshaws fitted with highly polluting two-stroke engines. The ban that will go into effect from the end of this year will mainly affect Bajaj, a Government minister ...

Infosys to participate in WEF annual meeting
BANGALORE: Infosys Technologies on Thursday announced its participation in the World Economic Forum annual meeting 2007 to be held at Davos, Switzerland, from January 24 to 28. As a strategic partner of the forum, Infosys will take a leading ...

Innovative Group MoU with Syrian Chamber
BANGALORE: Innovative Group has plans to go beyond India. A tie-up was formalised with the Syrian Chambers of Commerce (SCC) at the Confederation of Indian Industry (CII) summit here on Thursday. The group will work with Bashar Nourie, ...

Subex Azure to acquire Syndesis
MUMBAI: Subex Azure has decided to acquire Syndesis, a leading global provider of telecom OSS (operations support software) solutions, based out of Toronto, Canada, in an all-cash deal valued at $164.5 million, the company said in a notification ...

SEBI nod for Benchmark AMC's scheme
CHENNAI: Benchmark AMC on Thursday received SEBI approval to launch the Gold Exchange Traded Scheme, Gold BeES. This will be an open-ended exchange traded scheme tracking the price of gold through investments in physical gold. The minimum ...

HDFC Bank offers instant personal loan
CHENNAI: HDFC Bank on Thursday introduced `Instant Loan', a unique programme offering spot approvals for personal loans for all its existing customers. In the first phase, the programme is being offered in Mumbai, Delhi, Bangalore, and Chennai, ...

Zapak.com launches multiplayer chess
CHENNAI: Zapak Digital Entertainment Ltd., a Reliance ADA Group venture, on Thursday announced the launch of full-feature online `Multiplayer Chess'. The multiplayer option provides three levels — for beginners, advanced players and ...

SREI to form alliance with EBRD
CHENNAI: SREI Infrastructure Finance Company will shortly enter into a strategic partnership with the European Bank for Reconstruction and Development (EBRD), which assists countries in transition to the market economy system. While the equity ...




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