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Thursday, January 18, 2007
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BUSINESS
Globalisation benefits must be equitable, says Silva
Portuguese President recounts success story of European Union

Wipro's third quarter net up 41 p.c. at Rs. 765 cr.
Global IT business delivers volume growth

GE arm's hi-tech unit
CHENNAI: Momentive Performance Materials Inc., (formerly GE Advanced Materials), a specialty materials company, has decided to invest $20 million to set up a state-of-the-art manufacturing facility and a world-class technology centre for global ...

Ordinance on SLR by month-end
NEW DELHI: An Ordinance to arm the Reserve Bank of India (RBI) with powers to cut the statutory liquidity ratio (SLR) below the current floor of 25 per cent is likely to be promulgated by the month-end or early February, according to a top ...

Other Stories



Barometer


Briefly
L&T signs joint venture pact with ATCO
MUMBAI: Larsen & Toubro has signed a joint venture agreement with A. A. Turki Contracting & Trading Corporation (ATCO) of the Kingdom of Saudi Arabia. The new venture — Larsen & Toubro ATCO (Saudia) LLC — will focus on ...

M&M revises Scorpio, Bolero prices
NEW DELHI: Mahindra and Mahindra on Wednesday revised the prices of Scorpio by a range of Rs. 3,000 to Rs. 13,000 across variants, including the CRDe, while Bolero prices had been hiked in the range of Rs. 5,600 to Rs. 6,500 across all variants. ...

Aviva Life ties up with IndusInd Bank
MUMBAI: Aviva Life Insurance and IndusInd Bank have announced their tie-up as bancassurance partners. Aviva has now extended its leadership position in the bancassurance channel with 30 tie-ups, the largest number of bank partnerships by any ...

MCX-Rotary project for training
CHENNAI: `Pragati', a special training programme, was launched by MCX Centre of Academia with Rotary International to create empowerment with education and awareness, thereby achieving economic growth in the rural strata. MCX is planning to ...

Cognizant in pact with Kimberly-Clark
CHENNAI: Cognizant Technology Solutions has signed an IT applications outsourcing agreement with Kimberly-Clark Corporation covering an array of SAP and customised software applications. R. Chandrasekaran, President and Managing Director, ...

Webaroo launches new website
NEW DELHI: Webaroo, a fast and free web service on mobiles, has released a new website, making it easier for customers to share and access `always on' web content. Over 500 web packs are available at
IFCI to sell 21 p.c. stake in ICRA
MUMBAI: Close on the heels of its agreement to offload seven per cent stake in the National Stock Exchange, IFCI has decided to sell its equity holding of 21 per cent in rating agency ICRA through an initial public offering. The company will ...

Mittal to take 49 p.c. in Bhatinda refinery
NEW DELHI: N. Mittal may take 49 per cent stake in Hindustan Petroleum Corp Ltd's (HPCL) under-construction $3 billion refinery at Bhatinda in Punjab. State-run Oil India Ltd (OIL) is likely to get 15 per cent equity stake, leaving HPCL with 36 ...




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