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Tuesday, September 21, 2004

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    Centre seeks clarification over Suzuki's proposals
    NEW DELHI, SEPT. 20. Warning Suzuki Motor Corporation against becoming a competitor to Maruti, the Central Government has sought a clarification from the Japanese company on its `unilateral' decision to invest Rs. 1,000 crores in India saying it ...

    Malaysia keen to invest more
    NEW DELHI, SEPT. 20. Malaysian construction companies had already completed 21 projects in India worth $830 million and are keen to expand its participation in infrastructure projects including power supply, airport and port development Tan Sri ...

    Exports of cotton made-ups to surge
    MUMBAI, SEPT. 20.The Cotton Textiles Export Promotion Council (Texprocil) is undergoing a transformation from a regulatory body to a promotional body in view of the post-quota regime which comes into effect from January 1, 2005. Speaking to the ...

    Economist prescribes five-point formula for growth
    MUMBAI, SEPT. 20. The left wing parties' stand off protecting the public sector undertakings (PSUs) is only helping to tax the poor people, according well-known economist, Meghnad Desai. "The CPM and the CPI stand is taxing the poor by ...

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    Ispat to retire foreign debt
    KOLKATA, SEPT. 20.Ispat Industries is all set to retire its foreign debt in the form of bonds worth $125 million euro within the current financial year and is on the path of becoming a three million tonne steel company. "We are very soon going ...

    Aztec to buy Disha
    BANGALORE, SEPT. 20. Aztec Software and Technology Services, Bangalore, has entered into an agreement to acquire Disha Technologies a leading independent software testing company headquartered in Pune. The deal consists of $9.6 million in cash ...

    Relinace Mutual's new scheme
    MUMBAI: Reliance Mutual Fund has launched the `Reliance Media and Entertainment Fund,' an open-ended media and entertainment sector scheme, investing in equity or equity related or fixed income securities of media and entertainment and other ...

    Extension of TUF scheme sought
    COIMBATORE: The Powerloom Development and Export Promotion Council (PDEXCIL) has appealed to the Centre to extend the Technology Upgradation Fund Scheme (TUFS) for import of shuttleless looms that are more than ten years old. The PDEXCIL ...

    SBI signs agreement with Andhra Bank
    CHENNAI: State Bank of India and Andhra Bank have signed an agreement for bilaterally sharing their ATM network. The arrangement will provide the largest reach and convenience of `anywhere' and `anytime' banking to their customers at more than ...

    BHEL bags safety awards
    NEW DELHI: Bharat Heavy Electricals Ltd. employees have bagged five `Vishwakarma Rashtriya Puraskars' for innovations while the company's Trichy plant has won four `National Safety Awards' this year. Eleven employees of BHEL's Trichy and Hardware ...

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