Online edition of India's National Newspaper
Saturday, May 19, 2007
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Online edition of India's National Newspaper Saturday, May 19, 2007 ePaper |
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BUSINESS
Barometer Briefly Export of raw sugar to U.S., EU cleared NEW DELHI: The Central Government has allowed export of 26,000 tonnes of raw sugar to the U.S. and the European Union. While 16,000 tonnes of raw sugar would be sent to EU nations, the remaining would be exported to the U.S. under the ... BSE completes demutualisation MUMBAI: The Bombay Stock Exchange on Friday said it had completed the process of demutualisation, mandated by the Securities and Exchange Board of India. The BSE has placed 51 per cent of equity shares of its member brokers with 21 investors, ... Essar wins oil block in Nigeria NEW DELHI: The Essar group has won an offshore oil block in Nigeria with reserves of up to 80 million barrels, sources said. Travellers can keep forex for 180 days MUMBAI: In a move that would provide quite some comfort to Indian globe trotters, the Reserve Bank of India on Friday doubled to six months the duration for retaining unspent foreign exchange. ... Tata Motors net up 25 p.c. at Rs. 1,913 cr. MUMBAI: Tata Motors on Friday reported a 25 per cent increase in the net profit at Rs. 1,913.46 crore in 2006-07 against Rs. 1,528.88 crore in the previous year. Revenues (net of excise) for the year were at Rs. 27,535.24 crore against Rs. ... Biometric Smart Cards from Indian Bank CHENNAI: Indian Bank has launched biometric-enabled Smart Cards to deliver banking and financial services at the doorsteps of the common man. Rajendra Ratnoo, District Collector, Cuddalore, launched the card in Virudachalam, Tamil Nadu. K. C. ... UTI BSF declares 35 p.c. dividend CHENNAI: : UTI Banking Sector Fund has declared a tax-free dividend of 35 per cent (Rs. 3.50 per unit on a face value of Rs.10), the record date being May 23. The NAV per unit as on May 17 was Rs. 18.80 under the dividend ... Tata AIG launches `Domestic TravInsure' CHENNAI: : Tata AIG General Insurance Company on Thursday announced the launch of `Domestic TravInsure,' a specially designed insurance programme for domestic travellers. This programme is being launched for Spicejet passengers and can be ... Hetero Drugs forms JV with Russian company HYDERABAD: Hetero Drugs and a Russian company, Makiz Pharma, formed a 50:50 joint venture to sell anti-retroviral (ARV) drugs in Russia. Addressing a press conference here on Thursday, Director of Hetero Drugs M. Srinivas Reddy and General ... Sun Pharma net profit up CHENNAI: Sun Pharmaceutical Industries has registered a net profit of Rs. 628.93 crore for the year ended March 31, 2007 against Rs. 461.29 crore in 2005-06. Total income (net of excise) has increased to Rs. 2,404.05 crore from Rs. 1,805.12 ... NXP Semiconductors opens technology campus BANGALORE: The new technology campus of NXP Semiconductors, an independent company founded by Philips, was inaugurated on the outskirts of Bangalore on Friday. NXP President and CEO, Frans van Houten, told reporters, "We have had a strong ... Read Today's supplements: Metro Plus | Property Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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