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Scheme to replace DEPB on anvil NEW DELHI, APRIL 7.The new foreign trade policy to be announced tomorrow is set to focus on the key areas of agro-products, pharmaceuticals and marine products with the aim of doubling India's share of world trade to 1.5 per cent over the next ... Motorola to invest $17 m in India R&D centre BANGALAORE, APRIL 7.The telecom equipment maker, Motorola, plans to invest $17 million and hire nearly 500 people at its India R&D centre here every year said the Motorola Chief Technology Officer, Padmasree Warrior, here today. Speaking to ... `Exempt perishables from VAT' NEW DELHI, APRIL 7.The Food Processing Ministry has asked the Empowered Committee of the State Finance Ministers for Value Added Tax (VAT) to reduce the VAT on non-perishable food products to 4 per cent from the existing 12.5 per cent and exempt ... EU in a quandary over Chinese textiles LONDON, APRIL 7. European officials are in a quandary over China's `fast escalating' textile and garment trade with the European Union countries. American trade and commerce officials are also in a similar predicament. According to the latest ... Other Stories
Barometer Briefly Nod for Reliance investment NEW DELHI, APRIL 7.The Government has approved Reliance Industries' $2.49 billion investment plan to develop its huge gas find in the Krishna Godavari basin, off the east coast. Reliance Industries will produce 40 million standard cubic meter a ... TUI, Le Passage sign JV NEW DELHI, APRIL 7.TUI AG, a leading European travel group, has entered the Indian market by signing a joint venture with Le Passage to India Limited. Addressing a press conference here today, the TUI Chairman, Michael Frenzel, said the focus ... Samsung's new investment NEW DELHI, APRIL 7.Samsung plans to further strengthen its R&D operations (software and hardware) in India by bringing in fresh investment of $12.5 million this year, Neeraj Sethi, General Manager, National Sales Audio Visual, said at a press ... New president for Honda Siel NEW DELHI, APRIL 7.Honda Siel Cars India has announced the appointment of M. Takedagawa as the company's new President and Chief Executive Officer. Our Special Correspondent ... SNIPPETS Drug for diabetic foot ulcers from DRL HYDERABAD: Dr. Reddy's Laboratories announced the launch of Plermin (generic name: Recombinant Human Platelet Derived Growth Factor rhPDGF), the first drug to be launched in India for the treatment of diabetic foot ulcers. The product ... SNIPPETS Redington to sell Xerox products CHENNAI: Xerox India has appointed Redington India as a Xerox distributor. As part of the agreement, Redington will distribute Xerox's office products. The agreement was signed by J. S. Kulkarni, CEO, Redington (India), and Natesh Mani, Executive ... SNIPPETS RINL expects 20 p.c. rise in net VISAKHAPATNAM: The net profit of Rashtriya Ispat Nigam Ltd., the holding company of Visakhapatnam Steel Plant, for 2004-05 is expected to be 20 per cent higher than the previous fiscal net of Rs. 1,547 crores, pending the audited financial ... SNIPPETS RBI cancels registration of NBFC MUMBAI: The Reserve Bank of India has cancelled the certificate of registration of the Kolkata-based Nicco Uco Alliance Credit from carrying on the business of a non-banking financial institution. The cancellation of the certificate under Section ... SNIPPETS Inforte, Cognizant to offer CRM solutions CHENNAI: The Nasdaq listed business and customer intelligence consultancy Inforte Corp. has tied up with Cognizant, a leading provider of IT services, to deliver a comprehensive customer relationship management (CRM) offering to global ... SNIPPETS New chief scientific officer for Matrix HYDERABAD: Matrix Laboratories announced the appointment of B. Gopalan as Chief Scientific Officer (CSO). Before joining Matrix, Dr. Gopalan was associated with Glenmark Pharmaceuticals as senior Vice-President (Chemical Research). During his ... SNIPPETS CCL records Rs. 900 crore profit CHENNAI: The Central Coalfiends Ltd. has achieved its revised coal production target by producing 37.40 million tonnes in 2004-05. It has earned a gross profit of Rs. 900 crores. The output in the previous year was 37.33 million tonnes. In coking ... SNIPPETS HP launches range of consumer notebooks NEW DELHI: Hewlett Packard on Thursday launched India's first series of consumer notebooks with the revolutionary `LightScribe' technology for better levels of productivity and efficiency. HP will be offering this unique combination in its Compaq ... SNIPPETS Award for Moser Baer CMD NEW DELHI: Optical Disc Systems, a leading magazine on optical media manufacturing technology, has felicitated Deepak Puri, Chairman and Managing Director, Moser Baer India, with the Global Industry Leader 2005 award. Moser Baer has also won an ... Read Today's supplements: | Life | Entertainment | Young World | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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