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Friday, January 12, 2007
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Infosys net profit up 52 p.c. in Q3
Strong rupee hits operating profit margins by 200 basis points

Essar is a natural partner: Vodafone
Open to partnership with another competitor Reliance

World economic growth likely to moderate in 2007: UN report
Confidence in U.S. dollar could erode because of current account deficit

In-principle nod for fab policy
NEW DELHI: The Union Cabinet on Thursday gave in-principle approval for the semi-conductor policy that seeks to provide incentives to hi-tech companies proposing to set up chip manufacturing facilities in India. "The Cabinet gave its ...

MIDC, IDFC sign pact for 4 projects
Will involve Rs. 6,000 cr. investment

Other Stories



Barometer


Briefly
RBI panel on financial sector reconstituted
MUMBAI: The Reserve Bank's Committee on Financial Sector Assessment has been reconstituted with the inclusion of two new members. Arvind Virmani, Principal Advisor, Planning Commission, and Vinod Rai, Secretary (Financial Sector), Union ...

SEBI ban on chartered accountant
MUMBAI: The Securities and Exchange Board of India on Thursday imposed a five-year ban on Kailash Chandra Agarwal, a chartered accountant, from the securities market, for issuing false certificates during the preferential allotment of shares of ...

PFC may hit market by January-end
NEW DELHI: Power Finance Corporation is likely to hit the market with its initial public offer on January 31. "We have received the go-ahead from SEBI for the IPO. It may hit the market on January 31,'' a company official said. ...

Mansingh to head Petroleum Board
NEW DELHI: Labanyendu Mansingh, former Consumer Affairs Secretary, will head the Petroleum Regulatory Board that will oversee the downstream oil and natural gas sector. ...

Mastek posts higher income and profits
CHENNAI: Mastek Group has reported a total income of Rs. 210 crore for the October-December 2006 quarter against Rs. 175 crore achieved during the corresponding period last year. The net profit was Rs. 22 crore against Rs. 16 crore. The board ...

GV Films plans web-casting division/TV channel
CHENNAI: GV Films has informed the Bombay Stock Exchange that the company has proposed a launch programme for the web-casting division on January 19 in Chennai followed by further launch programmes in Bengaluru, Hyderabad, Mumbai, ...

Ashok Leyland sets up subsidiary in UAE
CHENNAI: : Ashok Leyland has informed the Bombay Stock Exchange that the company has established a subsidiary company (LLC) in Ras Al Khaimah, UAE, for putting up a bus body assembly plant in Ras Al Khaimah to cater to the West Asian and ...

House of Pearl Fashions to tap market
CHENNAI: House of Pearl Fashions, a ready-to-wear apparel company, is entering the capital market with an initial public offer of Rs. 10 each through book-building with a price band of Rs. 525-600 per share. The issue will be open on January ...

National Conference on Mint
CHENNAI: The Indian Institute of Rural Development (IIRD) is organising a National Conference `Mint to Mint' at Kanyakumari on January 18. The conference will also highlight the `Project Challenge', a holistic project to be set up near ...

M. Amin elected CLE Chairman
CHENNAI: Mukhtarul Amin has been elected Chairman of the Council for Leather Exports and Habib Hussain as Vice-Chairman. T. Rafeeq Ahmed (South), Anil Kumar Sondhi (North), Anup Kumar Chatterjee (East), Maqsood Alam (Central), and Prakash H. ...

M. S. Mathivanan elected Chairman of PDEXCIL
CHENNAI: : M. S. Mathivanan has been elected as the Chairman of the Powerloom Development and Export Promotion Council (PDEXCIL). Others elected are: Vishwanath R. Agarwal (Vice-Chairman, Western Region, PDEXCIL), M. Senthil Kumar (Convenor, ...

PETROTECH-2007
CHENNAI: The seventh international oil and gas conference and exhibition — PETROTECH-2007 — is being held from January 15 to 19 at New Delhi. Murli Deora, Minister for Petroleum and Natural Gas, is the Patron-in-Chief of the ...




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