![]() Online edition of India's National Newspaper Friday, March 02, 2007 ePaper |
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TDS threshold up for bank deposits
Barometer Briefly CRR exemption categories for banks MUMBAI: The Reserve Bank on Thursday said banks would continue to be exempted from maintaining the average cash reserve ratio (CRR) on liabilities of four categories liabilities to the banking system in India, credit balances in ACU ... Ranbaxy's drug acquired by PPD NEW DELHI: Ranbaxy Laboratories on Thursday said the U.S.-based contract research organisation, PPD Inc, has acquired exclusive worldwide licence to develop, manufacture and market the company's cholesterol lowering novel statin. ... Indian Bank debut trade on bourses MUMBAI: Indian Bank on Thursday surged around 8 per cent over its issue price to close at Rs. 98.30 on the Bombay Stock Exchange. Cummins acquires Tata Holset NEW DELHI: Global diesel engine major Cummins on Thursday said it had bought out the holding of its joint venture partner Tata Sons in Tata Holset. ... Ratio for Visaka, India Cements merger fixed at 1:5 CHENNAI: The merger ratio for the amalgamation of Visaka Cement Industry Ltd. (VCIL) with India Cements Ltd. (ICL) has been fixed at 1:5. Following the board's decision, one equity share of Rs. 10 of ICL will be issued to shareholders of VCIL ... Syndicate Bank to implement court directive BANGALORE: Syndicate Bank will `implement totally' the recent Supreme Court directives on minimum benefits to its `pigmy collection agents' (numbering around 3,200 across the country) for small savings, the bank's Chairman and Managing Director, ... IBM integrates Google Gadgets into WebSphere BANGALORE: IBM has become the first vendor to bring Google Gadgets or consumer-style web utilities into commercial portal software. Available at no cost to WebSphere Portal and WebSphere Portal Express Version 6.0 customers, IBM Portlet for ... Karnataka Bank revises FCNR (B) interest rates MANGALORE: Karnataka Bank has revised the interest rates on its non-resident (external) rupee deposit (NRE) and FCNR (B) deposits with effect from March 1. NRE deposits for period of one year to less than two years will fetch an interest of 5.74 ... Airtel slashes BlackBerry entry cost CHENNAI: : Bharti Airtel has reduced the fixed monthly rental for BlackBerry from Rs. 1,099 to Rs. 249. Airtel BlackBerry users will be charged Rs.0.15 per Kb of usage apart from the fixed monthly rental, says a ... Page Industries IPO price fixed at Rs. 360 CHENNAI: Page Industries, which came out with an initial public offer of 28.04 lakh equity shares in the price band of Rs. 360-395, has fixed the issue price at Rs. 360 per share of Rs. 10. The issue was subscribed 1.44 times, says a release. ... Xenos Technologies ties up with Delphi COIMBATORE: Delphi Corporation's Indian in-car entertainment and safety products will be sold in India by Xenos Technologies. According to a release, the Delphi in-car entertainment and safety products will be available through retail outlets ... Read Today's supplements: Friday Review | Young World | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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