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Wednesday, September 14, 2005
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Court stays levy of FBT on Chennai firm
`New provision did not even exempt charitable institutions'

Coop. sector revamp to cost Rs. 15,000 cr.
Package to be sent to Cabinet by October-end

Exports remain buoyant but trade gap widens
High growth has been achieved despite floods in Mumbai

Sensex touches 8200-level
MUMBAI: The Bombay Stock Exchange 30-share Sensex on Tuesday soared past the 8200-level for the first time before ending at a new closing peak of 8193.96 on hectic purchases by private mutual funds amid steady movements in global crude ...

Nokia stresses adequate spectrum allocation
Scope for `volume and value' opportunity in Indian markets

Other Stories



Barometer


Briefly
Suzlon price band at Rs. 425-510
MUMBAI: Wind turbine generator manufacturer Suzlon Energy on Tuesday fixed a price band of Rs. 425-510 for its initial public offering of 2.93 crore shares of Rs. 10 each. The IPO constitutes fresh equity by Suzlon and an offer for sale by ...

L&T, Piramal not to bid
MUMBAI: Following the exit of their German partner Hochtief Airport GmbH, the other two partners of a consortium Piramal Holdings and L&T Infrastructure Development Projects said they would not submit any bid on Wednesday for the upgradation of .

Spectrum allocation
NEW DELHI: The Association of Unified Telecom Service Providers of India (AUSPI), whose members include Reliance Infocomm and Tata Tele-Services, on Tuesday demanded that spectrum allocation to GSM operators be halved to 5 Mhz equivalent to what ...

VSNL challenges TRAI order
NEW DELHI: VSNL has filed a petition before the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), challenging the telecom regulator TRAI's order on international bandwidth and questioning its assessment and methodology of costs and the ...

Indian Airlines' net profit at Rs. 28 cr. in Q1
TIRUCHI: Indian Airlines has recorded a net profit of Rs. 28.45 crore in the first quarter of 2005-06 not withstanding a hike in aviation turbine fuel. The airline posted a net profit of Rs. 1.60 crore, a record for July. During the same period ...

BPR opens job opportunities
THANJAVUR: Business process re-engineering (BPR) in the banking sector has opened various job opportunities for young graduates in banks said Ramanan, Deputy General Manager (DGM), Indian Bank, here on Monday. Addressing the students of ...

Sundaram Home's loan mela
TIRUCHI: Sundaram Home Finance organised Graha Sundaram loan mela in Tiruchi city from September 8 to 10. Different schemes and attractive interest rates were offered to various categories of customers. The loan mela evoked good response with ...

Central Bank reduces home loan rates
MUMBAI: Central Bank of India has reduced the interest rates on home loans by 50 basis points "to garner higher market shares in the ensuing festive season". The reduced rates are applicable with effect from September 1. Accordingly, in the ...

LVB ties up with SBI MF, HDFC AMC
CHENNAI: Lakshmi Vilas Bank (LVB) has tied up with SBI Mutual Fund and HDFC Asset Management Company to sell their schemes. While the agreement with SBI Mutual Fund was signed on Monday, the tie-up with HDFC Asset Management was initialled on ...

Max New York opens direct sales office
CHENNAI: Max New York Life Insurance Company has set up a direct sales office in Chennai. It has similar offices in Delhi, Mumbai and Bangalore. Addressing presspersons here recently, Garry Bennett, the newly appointed Managing Director, said ...

Britannia New Zealand Foods launches health drink
CHENNAI: Britannia New Zealand Foods, a joint venture between Britannia and Fonterra group of New Zealand, launched Anlene, a malt-based food drink in Chennai on Tuesday. Addressing presspersons, Anupam Dutta, Head-Dairy Business, said Anlene, a ...

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