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    ITC settlement `based on court suggestion'
    NEW DELHI, APRIL 5.The Centre's settlement with ITC over the long-pending Rs. 803-crore excise dispute was in keeping with a suggestion that emanated from the Supreme Court,'' the Union Finance Minister, P. Chidambaram, said here today. Under ...

    Kamal Nath voices concern over EU's non-tariff barriers
    NEW DELHI, APRIL 5.Even as the Union Commerce and Industry Minister, Kamal Nath, today voiced India's concern at the increasing use of non-tariff barriers (NTBs) erected by the EU countries on grounds of health and SPS (sanitary and ...

    New Tea Order to enforce quality norms
    NEW DELHI, APRIL 5.In a bid to ensure quality and retain the brand equity of Indian tea, the Union Government today issued a new tea control order stipulating that all tea, meant for international trade, will have to be certified by the Tea ...

    Domestic leased line circuit rates may be cut
    MUMBAI, APRIL 5.Having announced a reduction in International Private Leasedline Circuits (IPLC) tariffs last month, the Telecom Regulatory Authority of India (TRAI) planned to cut the domestic leased line circuit rates and consider a reduction ...

    Other Stories



    Barometer


    Briefly
    Essar Global, Qasco form JV
    NEW DELHI, APRIL 5.Taking advantage of the current boom in the steel sector, the Essar Group's global arm, Essar Global Limited (EGL), has entered into a joint venture with the Qatar-based Qasco to build a four million tonne steel plant, ...

    Taj Hotels extends presence
    MUMBAI, APRIL 5.Taj Hotels, Resorts and Palaces has extended its presence in the Middle East by entering into a strategic tie-up with ETA Star Property Developers LLC to develop and manage the Taj Exotica Resort & Spa, a luxury resort at the Palm

    SBI to open branch in Israel
    TEL AVIV, APRI 5.State Bank of India will soon open a branch here in the next few months to finance growing bilateral trade that crossed the $2 billion mark last year. A representative of SBI, Ram Narayana Boga, is now in Israel holding talks ...

    Training programme on gem and diamond
    COIMBATORE: The Small Industries Service Institute, Chennai, will conduct training programmes on gem and diamond identification and sales in Madurai and Tirunelvelli. The programmes will be held in Madurai from April 15 to 28 and in Tirunelvelli ...

    Action taken against defaulters
    COIMBATORE: A team of the Special Squad of Enforcement Officers of the Employees' Provident Fund Organisation sealed two cinema theatres, a textile showroom and an engineering concern in Salem and Namakkal Districts on March 29 in a surprise move ...

    Consign Tech enters U.K. market
    CHENNAI: Consign Technology Private Limited has launched its U.K. operations by entering into a partnership with Hemro Associates, a company engaged in messaging and mobile applications in the U.K. to assist in sales and support of the GoDB ...

    Hyderabad Industries transfers division
    HYDERABAD: Hyderabad Industries, the C.K.Birla Group Company, is exiting its non-core activity and transferring its heavy engineering division situated at Uttarpara (West Bengal) to Titagarh Wagons Ltd. According to a release, the decision was ...

    Satyam ranks third in survey
    HYDERABAD: Satyam Computer Services, has been named the third best company in corporate governance in India by global institutional investors. According to a release, this finding emerged in a survey conducted by Asset Benchmark Research of more ...

    Airtel launches new service
    NEW DELHI: Airtel, in association with the Bombay Stock Exchange, on Tuesday launched `Stock and Portfolio Tracker' service on the mobile titled Airtel Portfolio Manager. Airtel subscribers will now be able to view live stock quotes of chosen ...

    IIHT to set up centres in China
    NEW DELHI: After consolidating its position in India, IT training company, Indian Institute of Hardware Technology (IIHT), has decided to begin its operation in China where it will be setting up 100 education delivery centres by 2007. According ...

    Spending on Visa cards up
    NEW DELHI: International Visa cardholders spent Rs. 4,100 crores in India in 2004, up 42 per cent compared with Rs. 2,890 crores in 2003. This represents 18 per cent of India's total foreign exchange earnings from tourism and indicates that ...

    Corporation Bank business grows
    MANGALORE: Corporation Bank's total business as at March 31, 2005 stood at Rs. 45,808 crores recording a growth of 23.5 per cent over the previous year end level. In absolute terms, the total business of the bank grew by Rs. 8,697 crores during ...

    Karnataka Bank revises rates
    MANGALORE: Karnataka Bank has increased interest rates on its non-resident (external) rupee deposit (NRE) scheme with effect from April 1. The interest rate for NRE term deposits for one year to less than two years has been revised to 4.35 per ...

    MatrixView's solution goes live
    CHENNAI: Leading technology developer MatrixView has announced the successful implementation of EchoViewTM, its solution for the capture of echocardiograms and ultrasound images of the heart, at the Sri Sathya Sai Institute of Higher Medical ...

    Netvision signs pact with Chinese school
    MUMBAI: NetVision Web Technologies has signed an educational contract worth Rs. 16.60 crores with the China-based Wenshang Middle School, Shangdong, for supply of 200 faculties for computer software education and software development. This ...



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