Online edition of India's National Newspaper
Saturday, April 28, 2007
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Online edition of India's National Newspaper Saturday, April 28, 2007 ePaper |
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BUSINESS BUSINESS Barometer Briefly Inflation unchanged at 6.09 p.c. NEW DELHI: Inflation remained unchanged at the previous week's level of 6.09 per cent during the week ended April 14, much above the Reserve Bank of India's ``self-imposed mandate'' of five per cent for the current fiscal. ... SEBI makes PAN sole identification number MUMBAI: After making the Permanent Account Number mandatory for those trading in shares through depository participants, the Securities and Exchange Board of India will make PAN the sole identification number for all participants in the ... SC orders status quo on Sesa Goa NEW DELHI: The Supreme Court on Friday ordered status quo on the shareholding pattern of mining company Sesa Goa, which was acquired by London-listed Vedanta Resources Plc earlier this week. ... NTPC's new unit in Vindhyachal on stream NEW DELHI: The Vindhyachal super thermal power project of NTPC has now become the largest power station in the country with an installed capacity of 3,260 MW after the second 500 MW unit in stage III of the plant was commissioned on Friday. ... Sical Logistics sells VRW CHENNAI: Sical Logistics Ltd. has sold Vanagaram Refractories Works Industries Ltd (VRW) to a key entrepreneur in the real estate industry in Tamil Nadu. The sale was completed for a consideration of Rs. 40.79 crore for an area of 8.68 acres, ... U.S. firm picks up 15 p.c. stake in Vipul NEW DELHI: Wachovia Corporation, one of the largest diversified financial institutions in the U.S., has picked up about 15 per cent stake in realty firm Vipul Ltd. for Rs. 234 crore. The company plans to invest up to $1 billion (about Rs. 4,100 ... United Bank plans `aggressive' branch spread KOLKATA: : United Bank of India, which opened just seven branches in 2006-07, is planning to roll out 41 more by June 2007, Chairman-cum-Managing Director, P. K. Gupta said. Addressing a press conference, he said the bank closed 2006-07 with a 32 ... Tata Motors launches upgraded utility vehicle CHENNAI: : Tata Motors has launched a new upgraded range of its entry-level utility vehicle offering, the Tata Spacio. Named the `Spacio Gold Plus,' the variant will have a 3-litre, DI engine which is turbocharged to raise the maximum power and ... IFC to invest $20 million in Kanoria Chemicals CHENNAI: : IFC, the private arm of the World Bank Group, will invest up to $20 million in Kanoria Chemicals and Industries to help the company expand the capacity of its caustic soda pant in Renukoot, Uttar Pradesh. The expansion from 90,00 to ... Cholamandalam DBS profit at Rs. 31 crore CHENNAI: Cholamandalam DBS has posted a growth of 85 per cent in its top line to Rs. 409.14 crore for the year 2006-07. The total disbursement was up by 96 per cent from the last financial year. The net profit stood at Rs. 31.02 crore against ... Quintegra's fourth quarter profit up CHENNAI: Quintegra Solutions, a leading provider of software solutions and services, has increased its net profit to Rs 1.99 crore for the fourth quarter ended March 31, 2007, against Rs. 85.51 lakh in the corresponding quarter last year. The ... Senior appointments CHENNAI: The following senior appointments have been announced by the companies concerned: Ashwin Muthiah has been named Chairman of Sical Logistics; ArvinMeritor has appointed Rakesh Sachdev as President Asia-Pacific; Vinod Kumar Gomber and ... Other Stories
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