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IndusInd Bank-ALF in merger mode
CHENNAI, DEC. 10. The board of Ashok Leyland Finance (ALF) today gave its in-principle approval to a proposal mooted by Indusind Bank Ltd. for `consolidation of the business of the two' by way of a merger. IndusInd Bank and ALF have a common ...
New guidelines for power trading
NEW DELHI, DEC. 10. In the first step towards developing a market for power, the Central Electricity Regulatory Commission today issued draft regulations for inter-state power trading. The regulations specify the requirements of being an ...
U.K. Law Society against sourcing work to India
LONDON, DEC. 10.The Law Society, which regulates solicitors in Britain, has expressed concern over outsourcing of legal document production work to India arguing ``any outsourcing of work has to ensure security and confidentiality, and that ...
El Forge makes smart turnaround
CHENNAI, DEC. 10. El Forge, a supplier of auto components, to major automobile companies, has wiped out its accumulated losses in the first half year ended September 30, 2003 and posted a profit of Rs. 28 lakhs as compared to a loss of Rs. 34 ...
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