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Wednesday, November 12, 2008
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BUSINESS
PSUs asked to park surplus funds with PSBs
Chidambaram meets chiefs of public sector enterprises

Markets in bear grip
Sensex tanks 696 points; longer U.S. recession feared

Textile exports expected to be higher
COIMBATORE: Textile exports between January and December this year is likely to be higher than last year by 8-10 per cent, according to J. N. Singh, Joint Secretary of the Union Ministry of Textiles. He told The Hindu ...

Steel Ministry favours 10 % duty on imports
NMDC wants ‘price indexation’ mechanism for iron ore

ONGC ties up with Uranium Corp.
NEW DELHI: In a significant development, State-run Oil and Natural Gas Corporation (ONGC) on Tuesday entered into a memorandum of understanding (MoU) with Uranium Corporation of India Ltd. (UCIL) for joint cooperation in uranium exploration ...

Other Stories

SNAPSHOTS


Barometer


Briefly
Reliance Infra buys back shares
NEW DELHI: Reliance Infrastructure has bought-back 16 lakh equity shares of the company in less than two weeks. Since the commencement of the buy-back on March 25, the company has so far bought back 72.60 lakh equity shares aggregating Rs. 711 ...

Siemens gets SAIL turnkey contract
MUMBAI: Siemens has bagged a turnkey order from Steel Authority of India Ltd. (SAIL) worth Rs. 175.60 crore for expansion and modernisation of the Bokara Steel plant at Bokaro, Jharkhand. According to a release posted on the BSE. Siemens will ...

Lupin launches IVABRAD
CHENNAI: Lupin has received the Drug Controller General of India (DCGI) approval to launch India’s first selective and specific sinus node of channel inhibitor; IVABRAD (Ivabradine) which is now available in 5 mg and 7.5 mg tablets. ...

McNally Bharat board nod for revamp plan
KOLKATA: The board of directors of McNally Bharat Engineering Company, a B. M. Khaitan group company, has approved a scheme of arrangement for reconstruction of the company and its subsidiary McNally Sayaji Engineering Ltd (MSEL) which it had ...

HCL Info to market SanDisk memory cards
BANGALORE: SanDisk Corporation India has announced a partnership with HCL Infosystems, a premier information enabler and a leading ICT system integrator and distribution company to be the distributor for SanDisk’s wide range of mobile ...

Adhesives and sealants expo in Chennai
CHENNAI: The third India International Adhesives and Sealants Expo (IIASE) is scheduled to be held between November 13 and 15 at Chennai Trade Centre. The lead sponsors are Henkel, Nordson and Three Bond. According to a release, the ...

Gupta takes charge as United Bank CMD
NEW DELHI: Satish C. Gupta has taken over as the new Chairman and Managing Director of United Bank of India. Prior to taking over charge of this new assignment, Mr. Gupta was the Executive Director of Bank of Baroda since June 2007. Mr. Gupta ...




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