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Friday, March 30, 2007
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BUSINESS
BoI opens branch in Shenzhen
Bank business to cross $1 b; scope for breakthrough in bilateral trade

BUSINESS
BMW Chennai facility goes on stream
Cost reduction to be passed on to buyers

Tata Metaliks forms JV
To produce ductile iron pipes

Titan forays into prescription eyewear segment
To open standalone `TitanEye+' retail stores

Other Stories



Barometer


Briefly
Govt. notifies reduction in CST
NEW DELHI: The Union Government on Thursday notified a reduction in the Central Sales Tax (CST) on inter-State sale to registered dealers to 3 per cent from 4 per cent with effect from April 1. The notification will also enable states to levy ...

Anti-dumping duty on Vitamin-A
NEW DELHI: The Central Government has imposed anti-dumping duty of up to Rs. 1,166 ($26.5) on import of Vitamin-A from China and Switzerland. The duty would be effective till September ...

FIPB defers decision on Vodafone
NEW DELHI: The Foreign Investment Promotion Board on Thursday deferred a decision on Vodafone's acquisition of Hutch-Essar and sought more information on the foreign shareholding pattern of the Indian firm from all ...

Norms for reverse mortgage
NEW DELHI: National Housing Bank (NHB) will next month announce the guidelines for ``reverse mortgage'' that would allow senior citizens who own houses to have a regular stream of income for 15 years. ``Draft operational guidelines on reverse ...

Mankind Pharma enters OTC segment
NEW DELHI: Mankind Pharma on Thursday announced its foray into the OTC (over-the-counter) drug segment with the launch of its new marketing division `Special Mankind'. The company also unfolded its plans to invest Rs. 15 crore in this division ...

eYantra launches `eTail'
BANGALORE: : eYantra, a brand merchandising company with facilities here, has forayed into Internet and intranet-based customised online brand stores. Under the name `eTail,' this line will synchronise and energise their online store vertical, a ...

Chevrolet Optra Platinum launched
CHENNAI: : General Motors India has launched the `Chevrolet Optra Platinum,' a special edition of its popular luxury sedan. According to a release, the Optra Platinum features elegant new exterior accoutrements, stylish new interior elements and ...

UTI MF declares bonus under two schemes
CHENNAI: : UTI Mutual Fund has declared a bonus in the ratio of 1 unit for every 10 units held under two of its schemes viz. UTI Retirement Benefit Pension Fund and UTI Unit Linked Insurance Plan. The face value of each unit of said schemes is ...

'Fresh@' stores launched
BANGALORE: : Heritage Foods, a Hyderabad-based, Rs. 292 crore company, has launched its `Fresh@' stores in Bangalore. Three stores meeting daily home needs were opened at Indiranagar, Jayanagar and Basaveswaranagar. Heritage Foods President ...

IBM India bags contract from DLF
BANGALORE: : Real estate major DLF has awarded IBM India a ten-year contract to transform and manage DLF's information technology infrastructure. Curently a $29 million contract, this could multiply on the back of DLF's growth plans, IBM said in ...

Surana appoints engineering consultants
CHENNAI: Surana Industries manufacturer of steel, has announced the appointment of R. Singh & Associates as its engineering consultants for rolling mills for their new integrated steel plant in Raichur, Karnataka, says a release. ...

Yahoo! India ties up with Jagran Prakashan
BANGALORE: Yahoo! Mail's approaching tenth anniversary was marked at its India offices here with the launch of a new co-branded Hindi news and current affairs Internet property. Yahoo! India will create this along with Jagran Prakashan, ...




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