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BUSINESS
Sensex stages strong rebound
Bargain hunting at lower levels lifts indices

TVS, Shriram join hands
To launch venture capital fund with initial corpus of Rs. 500 crore

Cellular services revenue to cross $37 b
NEW DELHI: The booming Indian cellular market will see its subscriber base exceeding 73.7 crore and its revenue crossing a huge $37 billion by 2012, making India the world’s second largest wireless market after China in terms of mobile ...

Celebrity Fashions eyeing production base abroad
To take advantage in the competitive garment business

Dragon starts Bangalore-HK daily flights
BANGALORE: Dragon Air, part of the Cathay Pacific Group, has started direct daily flights between Bangalore and Hong Kong from Wednesday. Dragon Air already operates flights from Chennai, Delhi and Mumbai. Together with Cathay Pacific, the ...

iGate to expand Chennai global delivery facility


Check Point tools for SMEs
BANGALORE: The Israel and U.S.-based Internet security provider, Check Point, has entered the Indian market with an ecosystem of data and network security solutions that obviate the need for trained technology personnel to run it. Keeping in ...

Other Stories



Barometer


Briefly
SemanticSpace acquires Prolifics for $40 m
HYDERABAD: SemanticSpace Technologies, an IT company, has announced the acquisition of Prolifics, a New York-based system integrator, for $40 million in an all-cash deal. CEO of SemanticSpace Technologies Satya Bolli said at a press conference ...

Century Plyboards sales, profit up
CHENNAI: Gross sales of Century Plyboards (I) Ltd. (CPIL), the leading plywood and veneer manufacturing company, has crossed the 1000-crore mark (on a consolidated basis) and has risen by 40 per cent to Rs. 1,001.45 crore in the 12 months ...

Two banks raise NRE, PLR rates
MANGALORE: Corporation Bank has raised the rate of interest offered on NRE term deposits from July 1. The rate on deposits has been revised to 3.31 per cent per annum (3.16 per cent) for one year to less than two years, 3.60 per cent (3.46 per ...

Anu’s Labs profit up by 41 %
HYDERABAD: Anu’s Laboratories, a recently-listed pharmaceutical company, posted net sales of Rs. 154.39 crore in the year ended March 31, 2008, as compared to Rs. 109.17 crore in the previous year, a growth of 41 per cent. The net profit ...

Piramal Healthcare buys German unit
MUMBAI: Piramal Healthcare, part of the Piramal Group, on Wednesday announced the completion of a definitive agreement with the Germany-based PlasmaSelect to acquire its polygeline-based blood plasma products marketed under the brand name ...

UST Global opens facility in Bangalore
CHENNAI: UST Global, a leading provider of IT services and solutions has announced the opening of its sales headquarters in Bangalore. This centre will meet the IT services needs of the growing UST Global clientele, many of which are based in ...

NTPC signs MoU with PFC
NEW DELHI: Power Finance Corporation (PFC) and National Thermal Power Corporation (NTPC) on Tuesday signed a memorandum of agreement (MoA) for financing a loan of Rs. 10,000 crore for NTPC’s ongoing capacity addition programme and power ...




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