Online edition of India's National Newspaper
Saturday, February 17, 2007
ePaper
Online edition of India's National Newspaper Saturday, February 17, 2007 ePaper |
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Business |
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News Update
News ePaper Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous • Cartoons Engagements
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Sarin meets PM
Barometer Briefly Calcutta HC stays CLB order on HPL KOLKATA: The Calcutta High Court on Friday stayed the order of the Company Law Board (CLB), directing the West Bengal Government to transfer 155 million shares of Haldia Petrochemicals to The Chatterjee Group (TCG), which would have given it ... Alcoa names Ratan Tata on board NEW DELHI: Alcoa Inc, the world's largest aluminium maker, on Friday named Tata group Chairman Ratan Tata to its board of directors. The appointment of Mr. Tata would expand Alcoa's board strength to 11 members, the company said. ... VSNL to hive off retail business undertaking MUMBAI: Tata Group company VSNL on Friday said it would hive off its retail business undertaking to its wholly owned subsidiary — DIL Internet — for a consideration of up to Rs. 400 crore. ... Idea Cellular fixes IPO price MUMBAI: The Aditya Birla group company, Idea Cellular, has fixed the issue price of its IPO at Rs. 75 per share, which is the upper-end of the price band. ... Bridgestone launches two new tyre patterns MUMBAI: Radial tyre-maker Bridgestone India on Friday launched two new patterns — B-250 and ER-300 — for the domestic replacement and OEM markets. ... TAML to set up manufacturing facility BANGALORE: : Tata Advanced Materials Ltd. has announced plans to set up a facility to manufacture composite materials for the global aerospace industry. TAML has been supplying advanced composite components to the Indian Space Research ... Thomas Cook (India) ties up with MoneyGram CHENNAI: : Thomas Cook (India) will now offer MoneyGram's money transfer services to its customers throughout the country. A total of 123 Thomas Cook branches offer this service from February 1, says a release. Money sent through MoneyGram can be ... IOB revises prime lending rate CHENNAI: : Indian Overseas Bank has revised its benchmark prime lending rate from 12 per cent to 12.50 per cent with effect from February 15. This upward revision in interest is not applicable to existing individual housing and education loans, ... MLS Group sets up centre in Chennai CHENNAI: The U.K.-based MLS Group on Friday announced the launch of its first business centre in Chennai. Spread over 33,000 sq. ft., it is located at T.Nagar. The investment in this facility is Rs. 4.5 crore. Addressing a press conference, Paul ... National Quality Award 2006 for Lucas TVS CHENNAI: Lucas-TVS has bagged the Rajiv Gandhi National Quality Award for 2006. This award is for the category "large scale manufacturing industry". The award was presented to N. Ravichandran, President-Operations, at New Delhi on Thursday. T. ... Prudential launches `Fusion Fund' Series CHENNAI: : Prudential ICICI Asset Management Company has announced the launch of Prudential ICICI Fusion Fund Series-II after the success of Prudential ICICI - Fusion fund launched last year. The NFO period for the fund is from February 15 to ... Cerebra in pact with Featherlite BANGALORE: : Cerebra will manage all IT functions of Featherlite, including its hardware requirement and deployment of all network, storage and disaster recovery implementations. Featherlite, a Rs. 150-crore company with 650 employees and seven ... Senior appointments CHENNAI: The following senior appointments have been announced by the companies concerned: Ajay Marathe, former Vice-President, AMD Inc., appointed as Chief Operating Officer of SemIndia; Rathin Basu appointed as Managing Director of Areva T&D . Other Stories
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