Online edition of India's National Newspaper
Tuesday, April 12, 2005
Online edition of India's National Newspaper Tuesday, April 12, 2005 |
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India, China to study feasibility of FTA NEW DELHI, APRIL 11.Encouraged by an impressive growth in Sino-Indian trade, China today spelt out a five-point agenda envisaging reduction in trade barriers and enhancement of multilateral cooperation, to boost bilateral trade to the $30 billion ... 
Sensex tumbles 82 pointsMUMBAI, APRIL 11. Continuing its slide, the Sensex ended down 82 points at 6397.52 today in thin volume on sustained sell-off by investors ahead of the earning season amid slowdown in foreign institutional investment inflows. The BSE benchmark ... Rupee bounces back MUMBAI, APRIL 11.The rupee today bounced back smartly against the U.S. currency due to bunched up weekend dollar supplies amidst renewed dollar weakness overseas. In a generally quiet and range-bound trade at the interbank foreign exchange ... Ratan Tata to assume new role NEW DELHI, APRIL 11.Targeting leadership position in every sphere of telecom services, Ratan Tata today stepped down as Chairman of Videsh Sanchar Nigam to take direct charge of the Tata group's telecom business where the group committed to raise ... 
Elcoteq opens facility in BangaloreBANGALORE, APRIL 11. Finnish mobile handset and electronic equipment maker Elcoteq today opened its factory here on Monday and said it would invest up to $100 million and hire 1,000 people for the unit by 2006. Elcoteq makes phones and devices ... SIMA welcomes foreign trade policy COIMBATORE, APRIL 11. The Southern India Mills' Association (SIMA) has welcomed the new foreign trade policy saying that it would benefit the textile industry. In a statement, the SIMA Chairman, Vijay Venkataswamy, hailed the decision to continue ... A positive impetus for growth: CII COIMBATORE, APRIL 11. The Confederation of Indian Industry, Coimbatore Zone, has termed the new foreign trade policy as "growth oriented" stating that the policy announcements would generate all round growth in the economy. In a statement, the ... 
Campaign to expand market share of Washington applesCHENNAI, APRIL 11. Indian consumers can now get apples throughout the year, with the import of apples from various countries, such as the Washington, Australia, China, South Africa, and New Zealand, according to Sumit Saran, India Representative, ... Other Stories
Barometer Briefly SISSPA office-bearers COIMBATORE:, The following persons have been elected office-bearers of the South India Small Spinners Association (SISSPA): President: K. R. Selvakumar, Vice Presidents: M. Lingappa Gounder, K. Thirunavukarasu and C. Veluswamy. S. V. Devarajan, ... Asian Electronics pact with U.S. firm MUMBAI, : Asian Electronics has informed the Bombay Stock Exchange that the company has entered into an agreement with ABCO Licensing of the U.S., which is the sub-licensee of Westinghouse Electric Corporation, of the U.S., to procure, ... Mastek Q3 net up CHENNAI:, Mastek has registered an increase 115 per cent in its net profit at Rs. 12.40 crores for the quarter ended March 31, 2005 against Rs. 5.77 crores in the same quarter in 2003-04. Total Income has risen to Rs. 89.62 crores from Rs. 34.26 ... GE Shipping acquires new vessel MUMBAI:, Great Eastern Shipping Company has acquired a newly built anchor handling tug supply vessel (AHTSV) and named it `Malaviya Twenty One'. Built at Bharati Shipyard Ltd (BSL), the vessel has a Bollard Pull capacity of 133 tonnes and is ... Tata AIG's training centre CHENNAI:, Tata AIG Life Insurance has inaugurated its in-house training centre, Universe of Life, at Mumbai. The training centre is meant for its financial advisors and distribution partners in addition to corporate training for its employees. ... UTI Mutual Fund to open 3 more offices HYDERABAD:, UTI Mutual Fund plans to start three more offices in Andhra Pradesh. Two of these would be in Hyderabad and Secunderabad, and one in Cuddapah. It already has three offices in the State, at Vizag, Vijayawada and one at Hyderabad. This ... Rasna to step up marketing HYDERABAD:, Rasna, which recently installed 500 vending machines in 10 cities, plans to aggressively step up marketing through this route, by taking it to 2,000 vending machines across the country in the next 18 months, according to Rajesh ... Centurion Bank COPS centre BANGALORE:, Centurion Bank opened its centralised operations (COPS) centre in Bangalore on Monday. This would complement its retail branch expansion and enable it to roll out on a pan India basis. The Managing Director of the bank, Shailendra ... ABB bags NTPC, Power Grid orders BANGALORE:, ABB has bagged India's first major equipment order for 765 kV extra high voltage (EHV) transformers and shunt reactions from the National Thermal Power Corporation and Power Grid Corporation of India Ltd. These will be the largest ... Enercon is now Conzerv BANGALORE:, Enercon Systems on Monday announced change of its identity to Conzerv Systems and also the setting up of its third manufacturing facility in India at Parwanoo in Himachal Pradesh. Conzerv is an energy management systems provider, ... TNT launches `Mango bytes' BANGALORE:, TNT India has launched "TNT Mango Bytes", a service that allows one to send delicious and ready-to-eat Alphonso mangoes of premium quality across international boundaries. The service is available for over 35 countries. TNT saves the ... ING Vysya to focus on personal banking KOCHI:, ING Vysya Bank will focus on a banking model which would enable it to move more closely to customers instead of pushing the technology too far in its daily business. Though the bank incorporatd core banking solutions for most of its ... HM's initiatives towards BS III norms NEW DELHI:, Hindustan Motors has implemented several design and engineering modifications to incorporate the Bharat Stage (BS) III norms across product categories of the Ambassador. All the Ambassador variants, Classic, Grand and Avigo, for both ... Vishal Retail to raise Rs. 50 crores NEW DELHI:, North India's leading retail chain stores, Vishal Retail Pvt. Ltd., has decided to raise Rs. 50 crores through an initial public offer. The company, that owns 16 Vishal Mega Marts in India and plans to take this to 26 by the end of ... Godrej ties up with Masonite NEW DELHI:, Godrej has announced its tie-up with world's largest door maker, Masonite International Corp, to launch ready-to-fit doors in India and said it expects Rs. 100 crores turnover in the next six years. Priced between Rs. 3,000 and Rs. ... SYSTIMAX launches Wireless LAN solution BANGALORE:, SYSTIMAX Solutions, a leader in structured connectivity solutions and service for businesses, has launched SYSTIMAX AirSPEED Solution, an Enterprise Wireless LAN solution. AirSPEED solution combined the state-of-the-art, enterprise ... Other Stories
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