Online edition of India's National Newspaper
Tuesday, April 03, 2007
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Online edition of India's National Newspaper Tuesday, April 03, 2007 ePaper |
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Barometer Briefly Minimum capital for mortgage companies MUMBAI: To facilitate housing finance business, the Reserve Bank of India on Monday proposed a minimum capital requirement of Rs. 100 crore for mortgage guarantee companies. Such companies will have a minimum net owned fund of Rs. 100 crore, ... Tata Steel completes Corus acquisition LONDON: Tata group's $12 billion takeover of Anglo-Dutch giant Corus Group Plc. reached its culmination with the deal coming into effect from Monday, making Tata Steel the world's fifth largest steel firm. With this, Corus has become a ... Arcelor-Mittal announces buyback PARIS: Global steel giant Arcelor-Mittal on Monday announced a share buyback programme to repurchase up to $590 million worth of shares. It said in a statement that the buyback was part of a dividend policy to return 30 per cent of net income ... Common platform for e-filing for corporates MUMBAI: Corporates, beginning on Monday, will have to file all mandatory information on a common platform at www.corpfiling.co.in to be maintained by BSE and NSE. ... Motilal Oswal files draft prospectus with SEBI CHENNAI: Motilal Oswal Financial Services Ltd. (MOFSL), a financial services company focused on wealth creation for institutional and corporate clients, HNIs and retail customers, proposes to enter the capital market with a public issue through ... Hero Honda posts higher sales in 2006-07 CHENNAI: Hero Honda Motors clocked sales of 2.78 lakh two-wheelers in March 2007, thus ending the financial year 2006-07 with an impressive cumulative tally of 33.37 lakh units. The company had registered sales of 2.72 lakh units in March 2006 ... UTV ties up with Hewlett-Packard BANGALORE: : UTV, the Indian media and entertainment company, and Hewlett-Packard have announced comprehensive projects in the sector in India. The alliance will enable HP to deploy information technology infrastructure and applications at UTV to ... SAP launches `RFID' BANGALORE: : SAP, a provider of business software, has unveiled radio frequency identification (RFID) and other auto-identification technologies, enabling companies across many industries to apply the technology in unprecedented ways to solve ... 3i Infotech completes euro 30 m FCCB offering MUMBAI: : IT solutions provider 3i Infotech has announced that it has successfully launched and priced a Foreign Currency Convertible Bond (FCCB) offering of euro 30 million convertible over a five year period at a conversion price of Rs. 308.63. ... ITC Infotech in `2007 Global Outsourcing 100' BANGALORE: ITC Infotech, the fully owned subsidiary of ITC, has been ranked in the Leaders Category for the `2007 Global Outsourcing 100' by the International Association of Outsourcing Professionals, a worldwide body. ... 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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