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Friday, November 03, 2006
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PM against use of trade curbs
`India has fulfilled all its obligations under the Montreal Protocol'

Tata Tea to offer shares to staff
New entity for North Indian estates

Norway Prince seeks deepening of trade ties
India invites Norway to invest in SEZs

Aircel's plans to roll out national brand
Has a subscriber base of nearly 3 m in Chennai and Tamil Nadu circles

CTS to invest $200 m
To build fully-owned techno-complexes

Other Stories



Barometer


Briefly
Court restrains BSNL
NEW DELHI: The Delhi High Court on Thursday barred BSNL from awarding contracts for its GSM network expansion project till November 16, keeping alive equipment manufacturer Motorola's hopes of participating in the bidding process. ...

Dabhol power project resumes operation
NEW DELHI: After a gap of almost four months, the Dabhol power project resumed operations on Wednesday, Power Minister Sushilkumar Shinde said on Thursday. Denying reports on selling the Dabhol project, he said, "There are no such plans. Why ...

Consortium acquires stake in Tatra
MUMBAI: A consortium, including Vectra Ltd. and the private equity arm of Belgian bank KBC with two other investors, has acquired a controlling stake of 92 per cent in the Czech truck maker Tatra for a consideration of $57.8 million. ...

UBS launches market index for emissions
ZURICH: The Swiss banking group UBS on Thursday launched the first index of emissions allowances in global carbon trading ...

Kalyani group in pact with ST Kinetics
MUMBAI: BF Utilities, a member of the Kalyani group, on Thursday signed a joint venture agreement with Singapore Technologies Kinetics Ltd (ST Kinetics), Singapore. The Kalyani group will hold a majority stake in the joint venture which will ...

IOB hikes FCNR, NRE term deposit rates
CHENNAI: Indian Overseas Bank (IOB) has increased its interest rates on FCNR deposits with effect from November 1, 2006. For U.S. dollar deposits, the rates are: 5.34 per cent for one year to less than two years, 5.17 per cent for two years to ...

CUB raises NRE, FCNR deposit rates
CHENNAI: City Union Bank has raised the interest rates on NRE deposits to 6.34 per cent for one year, to 6.17 per cent for two years and to 6.11 per cent for three years. The bank has revised the rates for Foreign Currency Non-Resident deposits. ...

Karur Vysya Bank increases FCNR rates
CHENNAI: Karur Vysya Bank has increased interest rates on FCNR deposits ranging between five and 20 basis points across all slabs and across all currencies effective November. On NRE (Rupee) deposits, the revised rates are: 6.34 per cent (6.30 ...

JHS Svendgaard pact with Subiksha, Spencers
MUMBAI: JHS Svendgaard, a leading dental and oral healthcare company, has tied up with Subiksha and Spencers for its private label business in dental and oral healthcare products. JHS has two production facilities in New Delhi and a 100 per cent ...

Satyam named premier ESO vendor by BWG
NEW DELHI: Satyam Computer Services has been ranked as the world's leading engineering services outsourcing (ESO) vendor by the Brown-Wilson Group (BWG). An exhaustive BWG survey analysed 872 information technology and engineering outsourcing ...




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