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GAIL to invest Rs. 50,000 cr. in T&D network
NEW DELHI, JAN. 27. The Gas Authority of India Limited (GAIL) Chairman and Managing Director, Proshanto Banerjee, said the country needs to invest over Rs. 50,000 crores over the next five years to set up a natural gas transmission and ...
Connecting the family, the Bharti way
CHENNAI, JAN. 27. Nucleus family may have slowly edged out the traditional joint family system. But Bharti Cellular Ltd. has discovered a way to unite the `Great Indian family'. Well, Bharti has hit upon a novel way to do this. The objective ...
New computer virus on the prowl
BANGALORE, JAN. 27.Network Associates Inc., Santa Clara, California based maker of popular anti-virus software, McAfee, said in a press statement today that a "high risk outbreak to the recently discovered W32/Mydoom@mm, also known as Mydoom,'' ...
Other Stories
SEBI mulls registration of hedge funds
Sensex zooms 176 points
TRAI raises QOS benchmarks for telecom firms
Rupee a shade higher
Higher input costs put pressure on steel units
Food Corporation benefits but banks face pressures
HP accepts exit price for Digital buy
Sanghi new Assocham president
One-time custodial fee for companies proposed
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Briefly
Tata MF declares dividend
MUMBAI: Tata Mutual Fund has declared a 15 per cent dividend under its Tata Select equity fund-dividend option. The record date for the dividend payout was January 23 and the net asset value (NAV) on that date stood at Rs. 13.74, the MF said in a ...
Euclid's plans
HYDERABAD: Euclid, a venture capital funded company, based in San Jose, California, intends to invest a `significant' part of the $4.5 million it has raised recently in its product development centre in Hyderabad, and in tying up with ...
Indal extends date for buyback offer
KOLKATA: Indal, subsidiary of Hindalco Industries of Aditya Birla group, has extended the buyback offer to shareholders till February 2005. Company sources said the offer would be at a price of Rs. 120 per share and available to shareholders who ...
Additional payout on MIP-95
MUMBAI, JAN. 27.The Administrator of the Specified Undertaking of UTI (SUUTI) will distribute an additional payout, post maturity, to unit-holders of MIP-95 at 53 paise per unit under the Monthly Income Option and Rs. 1.30 per unit under the ...
PSL net doubles
CHENNAI: PSL has achieved a net profit of Rs. 6.72 crores for the quarter ended December 31, 2003 against Rs. 3.04 crores in the same quarter in the previous year. The turnover has risen to Rs. 276 crores from Rs. 97.25 crores. The company has ...
Spartek's JV
HYDERABAD: The promoters of Spartek Ceramics India (SCIL) are setting up a joint venture manufacturing facility in the Krishna-Godavari basin in Andhra Pradesh for making ceramic tiles. This was stated by Krishnaprasad, Managing Director of ...
M&M mulls base in Brazil
NEW DELHI, JAN. 27. Mahindra and Mahindra today said it planned to set up a manufacturing base in Brazil. "We are considering setting up a manufacturing base in Brazil, a facility that can be used for both passenger vehicles and tractors," M&M ...
Dinesh Paliwal, new ABB India Chairman
CHENNAI: ABB India's board of directors on January 27 elected Dinesh C. Paliwal, already a Director, as Chairman of the board. Mr. Paliwal takes over the Chairman's role from Peter Smits, Head, Power Technology division and member ABB Group ...
MRF gets best exporter award
CHENNAI: MRF Limited was felicitated as a leading exporter at the Customs House, Chennai. Justice S. Jagadeesan, Chairman, Intellectual Property Appellate Board, Chief Guest at the International Customs Day Function, felicitated K. M. Mammen, ...
SIRC-ICSI office bearers
CHENNAI: C. Sudhir Babu of Hyderabad has been elected Chairman of the Southern India Regional Council of the Institute of Company Secretaries of India (SIRC-ICSI). The other office-bearers of the SIRC-ICSI elected on January 24 are: R. Sridharan ...
Other Stories
Penta Pack launches paper cups
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