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Tuesday, February 20, 2007
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BUSINESS
Bharti unveils retailing plan
To open first store in 2008; looking at ten million sq. ft. of retail space

RIL rehabilitation package for SEZ land losers
Option of allotment of developed land

Tata Tea scheme for N. India plantations


SBI PLR up by 75 basis points
Existing housing, educational loans will be excluded

Bridgestone India mulls second plant
Investment may be in the range of Rs. 225-450 cr.; capacity of Indore plant to be expanded

UTIMF's Gold Exchange Traded Fund
MUMBAI: UTI Mutual Fund on Monday announced the launch of UTI Gold Exchange Traded Fund from March 1 and the New Fund Offer would be closed on March 12. Investors can invest during the offer period with a minimum application amount of Rs. 20,000 ...

EBRD, DEG pick up stake in SREI Russia
MOSCOW: The European Bank for Reconstruction and Development (EBRD) and DEG of the German banking group KfW have signed for a 15 per cent stake each in ZAO SREI, a wholly owned Russian venture of India-based SREI Infrastructure Finance Ltd. As ...

Sensex gains 47 points
MUMBAI: Bank stocks propelled the market sentiment on Monday with the benchmark BSE Sensex closing 47 points up at 14402.90 as operators covered positions in derivatives ahead of expiry of February contract on Thursday. Increased inflationary ...

Other Stories



Barometer


Briefly
Ybrant acquires AdDynamix
HYDERABAD: : Ybrant Technologies, a digital marketing company, has acquired a U.S.-based online ad-network company `AdDynamix' for $10 million (about Rs. 45 crore). Suresh Reddy, Chairman, Ybrant Technologies, said the acquisition would ...

Andhra Bank revises prime lending rate
HYDERABAD: : Andhra Bank revised its benchmark prime lending rate from 11.75 per cent to 12.25 per cent with effect from February 16. The upward revision would not apply to education loans, according to Mathew Joseph, Assistant General Manager. ...

Delphi Corp. enters car audio market
CHENNAI: : Delphi Corporation, a leader in the auto component industry, has announced its entry into the Indian in-car entertainment and safety products markets. Delphi has appointed Xenos Technologies Ltd. as its sales and service partner, a ...

L&T bags contract from Maersk Oil Qatar
CHENNAI: : Maersk Oil Qatar has awarded Larsen & Toubro Ltd. (L&T) a contract valued at quarter of a billion dollar (Rs. 1,125 crore) for its `Block 5' development in Qatar, consisting of two new offshore platform top-sides, a flare platform

IFB launches industrial dishwashers
CHENNAI: IFB Industries has launched industrial dishwashers, in association with Eurotech of Italy. The company is introducing large capacity dish and glass washing systems for usage in hotels, restaurants, hospitals, company canteens and ...

Eastern Condiments implements new model
BANGALORE: Eastern Condiments, one of the largest producers of condiments, has implemented D2E (distributor trainer to entrepreneur) model in Bangalore and plans to introduce the model to other parts of Karnataka. Eastern Group Managing Director ...

U.S. Pharmacopeia pact with PHARMEXCIL
CHENNAI: : The U.S. Pharmacopeia (USP) has signed a Memorandum of Understanding (MoU) with the Pharmaceutical Export Promotion Council (PHARMEXCIL). The agreement recognises the common interests of both organisations and establishes a formal ...




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