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Industrial output up 6.3 p.c. in April-December
NEW DELHI, FEB. 12. Despite low growth rates registered in December 2003, the overall index of industrial production (IIP) has registered a significant increase during April-December 2003. Data released by the Central Statistical Organisation ...
8 p.c. growth will be sustained, says Y. V. Reddy
PATNA, FEB. 12. The Reserve Bank of India Governor, Y. V. Reddy, today expressed confidence that the GDP growth rate of over 8 per cent would be sustained even in the coming financial year 2004-05, and that there was no need to review the ...
Syndicate Bank's hub and spoke initiative
CHENNAI, FEB. 12. Syndicate Bank has embarked on a novel exercise to make use of the services of staff of rural branches. Every afternoon, the staff will be engaged in `people contact initiatives' to achieve assorted objectives. The `Hub and ...
'India should move into next stage of growth'
MUMBAI, FEB. 12."India's development process over the past 20 years has been fantastic. Its development process is the talk of the world but it needs to have a comprehensive development plan and simultaneously address all issues in an integrated ...
Other Stories
Development of growth clusters favoured
Uptrend halted on BSE
Comcast-Disney merger will create biggest media firm
Rupee edges up
Crisil rates first successful CDO transaction
HP's contact centre sidesteps outsourcing controversy
Grey market share declines in PC sales
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Briefly
State Bank of Travancore opens ATM
TIRUCHI: The 137th automated teller machine (ATM) of State Bank of Travancore was commissioned at the Padmabhushan Sri N. Ramaswami Ayyar Educational Complex in Tiruchi on Wednesday. The Managing Trustee of the Educational Institutions, R. ...
Federal Bank, ICICI Bank co-branded card
KOCHI: The Aluva-based Federal Bank on Thursday launched a co-branded credit card in a tie-up with ICICI Bank. The agreement was signed between K. P. Padmakumar, Chairman, Federal Bank, and Chanda Kochhar, Executive Director, ICICI Bank. It also ...
Virtusa opens centre
CHENNAI: The U.S.-based Virtusa Inc. has opened an advanced technology centre (ATC) in Chennai. This is the third ATC of the company in India. It has two ATCs in Hyderabad. According to Kris Canekeratne, Chairman of the company, Virtusa builds ...
Sundaram Home's property portal
CHENNAI: Sundaram Home Finance, a subsidiary of Sundaram Finance has launched an online property portal, www.sundaramhomefind.com. It will provide information on current residential projects in Chennai, Bangalore, Hyderabad, Kochi, ...
Rupee loans for NRIs
MUMBAI, FEB. 12.The Reserve Bank of India today decided to further liberalise grant of rupee loans to non-resident Indians (NRIs). As per a notification issued by the RBI, the authorised dealers (ADs) are now allowed to grant rupee loans to NRIs, ...
'Concept paper' on Companies Act
NEW DELHI, FEB. 12. In a bid to simplify the Companies Act, the Union Government would bring a `concept paper' in the next two-three months incorporating provisions of the present Act, proposed amendments and related laws. "We will bring out a ...
Cut in prices of Mercedes-Benz
PUNE, FEB. 12.DaimlerChrylser India today announced that its flagship model, the new S-Class; S-350 L petrol, is now cheaper by around Rs.1.23 lakhs across India and the maximum ex-showroom price in Mumbai for basic car has been reduced to Rs. ...
HM to lease unused capacity
NEW DELHI, FEB. 12.The CK Birla group company, Hindustan Motors, today said it was in talks with five global automakers, including Malaysia's Proton, Germany's BMW and Volkswagen to lease out the unused manufacturing capacity at its Chennai ...
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