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Thursday, January 25, 2007
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BUSINESS
Import duty on edible oils cut
Move to check inflationary spiral

Maruti rolls out Swift diesel variant
Plans two more models next fiscal

India offers scope across sectors
Success in India demands long-term commitment: U.S. Ambassador

Bharti to allow Vodafone exit
DAVOS: Bharti Airtel chief Sunil Mittal on Wednesday gave the go-ahead to British telecom giant Vodafone to sell its equity from his company in the market in case the U.K. entity acquired Indian mobile player Hutch-Essar. "They can go to ...

SPEL ties up with CMD
To install a couple of fresh lines

Sensex recovers 69 points
MUMBAI: The Bombay Stock Exchange on Wednesday staged a modest recovery with the benchmark Sensex adding 69 points on the back of strong rally in metal and capital goods shares. The Bombay Stock Exchange's 30-share sensitive index settled at ...

HDFC net up
MUMBAI: HDFC reported a 26 per cent rise in its profit before tax at Rs. 444.82 crore during the quarter ended December 31, 2006, against Rs. 352.30 crore during the corresponding period in the previous year. After providing Rs. 89.33 crore for ...

IOB net rises
MUMBAI: Strong growth in interest and treasury incomes and a drop in operating costs have helped Indian Overseas Bank post a 25.1 per cent rise in net profit to Rs. 246.78 crore in the third quarter ended December 31, 2006, against Rs. 197.21 ...

Phase out excise on diesel: Deora
NEW DELHI:

Other Stories



Barometer


Briefly
G Sachs relook at Indian economy
CHENNAI: Goldman Sachs has issued a new report in which it suggests that "India's influence on the world economy will be bigger and quicker'' than implied in its previously published BRICs (Brazil, Russia, India, China) ...

Lifting of sugar export ban notified
NEW DELHI: The government has notified complete lifting of the ban on sugar exports that was imposed on July 4, 2006. ``The prohibition shall not apply to exports of sugar executed under valid releases order issued by the Directorate of Sugar up ...

SC to hear taxing of BPOs issue on Feb. 13
NEW DELHI: The Supreme Court will hear the issue related to taxing of Business Processing Outsourcing (BPOs) units of multinationals in the country on February 13. ...

Barclays offloads bluechip shares
MUMBAI: Foreign fund Barclays Capital on Wednesday offloaded shares worth Rs. 67.24 crore in blue chips like Infosys, Reliance Communications, ITC, BHEL, L&T and HDFC in separate transactions. ...

Microsoft to strengthen pan India foothold
MUMBAI: Microsoft Corporation India Pvt. Ltd. on Wednesday announced an aggressive geographical plan to strengthen its presence in India. The company is slated to open offices in Ahmedabad, Indore, Nagpur, Chandigarh, Kochi and Coimbatore, which ...

L&T to set up tech park in Gujarat
MUMBAI: Larsen & Toubro (L&T) has announced that it is setting up a new facility, which will be called L&T Technology Park, at Baroda, Gujarat. The park is to be set up in 112 acres on the Ahmedabad-Mumbai Highway and will entail an inve

ICICI Bank raises deposit rates
MUMBAI: ICICI Bank has raised the interest rates on fixed deposits across various tenors and amount buckets in the range of 25-150 basis points with effect from January 20. The bank has launched a new product, 890-day fixed deposit with an ...

TVS Motor opens 21 new dealerships
CHENNAI: With a view to enhancing its customer contact programme and strengthening delivery points and after-sales-service, TVS Motor Company opened 21 new dealerships in Tamil Nadu on Wednesday. With these, the company now has 90 dealers. Each ...

Compuware opens facility
BANGALORE: The U.S.-based software firm Compuware Corporation has major expansion plans in India. It has established a 35-seater facility here and plans to expand to Delhi, Mumbai, Hyderabad and Chennai. It expects to double its headcount in ...




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