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LN Mittal keen to forge alliance with CIL
Writes letter to the Union Coal Minister

Steel producers oppose regulator
NEW DELHI: Even as soaring steel prices have contributed in a large measure to the Wholesale Price Index-based inflation rate, primary steel producers here criticised the Ministry for suggesting the need for a regulator for the sector as they ...

Severstal buys U.S. steel mill
The deal with Arcelor Mittal is valued at $810 m

Pfizer wins case against Ranbaxy in Canada
NEW DELHI: World’s biggest drugmaker Pfizer on Friday said a Canadian court had ruled in its favour upholding patent for a molecule of its cholesterol-lowering drug Lipitor, thereby preventing Indian rival Ranbaxy Laboratories from ...

KCL wants to become a full-fledged foods company
Plans unit in Tamil Nadu for packaging material

BHEL pays Rs. 298 crore dividend
NEW DELHI: Bharat Heavy Electricals Limited (BHEL) on Friday paid an interim dividend of Rs. 298 crore to the Government for 2007-08. The company paid a total interim dividend of Rs. 441 crore, which is 90 per cent of its enhanced equity ...

Other Stories



Barometer


Briefly
ICICI Bank opens 9th U.K. branch
LONDON: ICICI Bank has formally opened its ninth U.K. branch in Leeds. Councillor Andrew Carter, Leader of the Leeds City Council, inaugurated the branch on Thursday. ...

Anti-dumping duty on steel cos.
NEW DELHI: Indonesia has levied anti-dumping duties ranging from 4.24 per cent to 56.51 per cent on hot rolled coils, manufactured by a number of global steel companies, including Essar and JSW of India, according to Steel Business Briefing. ...

SBI SAARC meet in Colombo
COLOMBO: State Bank of India will hold its two-day Annual SBI SAARC sector conference here from Monday. SBI Chairman O. P. Bhatt will inaugurate THE conference in which heads of the bank’s branches in the SAARC region will take part, the ...

Emirates’ inflight mobile phone service
NEW DELHI: Emirates has commercially launched an inflight mobile service. The first mobile call was made from a commercial flight enroute to Casablanca on board Emirates Airbus A-340-300 aircraft, the first in its fleet to be equipped with the ...

BigFlicks ties up with Raj Television
CHENNAI: BigFlicks, the online and offline movie rental service and the home entertainment division of the Reliance Anil Dhirubai Ambani group, has announced its alliance with Raj Television Network Productions (RTN), a media and entertainment ...

Kiri Dyes to tap market on March 25
CHENNAI: Kiri Dyes and Chemicals, manufacturer of reactive dyes (also known as synthetic organic dyes) and dye intermediates at its plant in Ahmedabad, is entering the capital market on March 25 with an initial public offer of 37.50 lakh ...

IL&FS Investment to consider bonus issue
MUMBAI: IL&FS Investment Managers has informed the Bombay Stock Exchange that a meeting of the board of directors will be held on April 1 to consider the issue of bonus ...

Maruti’s coveted position in Sri Lanka
NEW DELHI: Maruti Suzuki India Limited (MSIL) has emerged as the most preferred ‘imported car manufacturer’ in Sri Lanka. This has been mentioned in the recent import statistics released by the Sri Lankan Government, said a company ...

IBS appoints new CFO
CHENNAI: IBS Software has announced the appointment of T.S.C. Easwaran as the Chief Financial Officer for the IBS group, effective March 10. According to a release, Easwaran comes with 24 years of experience and has held responsibilities in ...




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