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IRDA to slash third party premium
Barometer Briefly Interim stay on BSNL GSM contract NEW DELHI: The Delhi High Court on Monday extended till February 1 its interim stay on award of contract by BSNL for its Rs. 20,000-crore project to add 45 million lines in its GSM network. ... Adlabs buys stake in Synergy Comm. MUMBAI: Adlabs Films on Monday said it had acquired a controlling stake in Siddhartha Basu's Synergy Communications for an undisclosed amount. ... Essar, Akrema may form JV NEW DELHI: Essar Chemicals may form a joint venture with French chemical company Akrema to set up an acrylic acid production facility in Gujarat. The two companies have signed a Memorandum of Understanding to study the feasibility of forming a ... NDTV enters Australia, New Zealand NEW DELHI: NDTV on Monday entered into a distribution partnership with Vision Asia, through which its English news channel NDTV 24x7 would be available to viewers in Australia and New Zealand. With the tie-up, NDTV has expanded its presence to ... Colgate third quarter net up 21 p.c. CHENNAI: Colgate reported net sales of Rs. 322.30 crore for the third quarter ended December 31, 2006, an increase of 13 per cent over the same quarter of the previous year. The net profit was Rs. 50.4 crore, 21 per cent higher than the net ... BSEL Infrastructure pays 21 p.c. interim CHENNAI: BSEL Infrastructure Realty has declared an interim dividend of 21 per cent for 2006-07, the record date being February 7. For the quarter ended December 31, 2006, the company's net profit rose to Rs. 30.22 crore from Rs. 4.37 crore for ... SRF Q3 net at Rs. 70 crore CHENNAI: SRF has reported a 52 per cent rise in its revenues at Rs. 450.36 crore in the quarter ended December 31, 2006, against Rs. 296.27 crore in the corresponding quarter in the previous year. The profit after taxation went up to Rs. 70.11 ... Sabre-Abraaj, IL&FS to invest in Ramky HYDERABAD: Sabre-Abraaj Private Equity Fund I and IL&FS Investment Managers (IIML), two leading private equity firms, will invest Rs. 125 crore in Ramky Infrastructure Limited (RIL), the flagship company of Hyderabad-based Ramky Group. RIL had . New deposit product from TMBL TUTICORIN: Tamilnad Mercantile Bank Limited (TMBL) has introduced a new deposit product called `TMB 444 days deposit scheme' with effect from January 18. Under the scheme, the bank accepts deposits for 444 days and offers high rates of interest. ... Deccan Plaza eyes Chennai, Coimbatore CHENNAI: : Deccan's Park Ltd., the promoters of Hotel Days Inn, Deccan Plaza, here, is planning to open two new hotels. According to a release, one will be on IT High Road (Old Mahabalipuram Road), Chennai, and would have 66 rooms with a ... Principal PNB launches Long Term Equity Fund CHENNAI: Principal PNB Asset Management Company (in association with Vijaya Bank), announced its entry into the mid and small-cap segment with the launch of Principal PNB Long Term Equity Fund 3-year plan-Series 1. It is a 3-year ... 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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