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Friday, April 22, 2005
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    TRAI recommends lower domestic bandwidth rates
    Releases consultation paper to promote further competition

    FM cleares 25 FDI proposals
    Guarniflon of Italy to set up Research and development centre through subsidiary

    Avaya gives a big push to unified applications
    Unveils a slate of recent cutting edge technologies

    Satyam Q4 net up
    Issues revenue guidance of 26-28 p.c. growth for current year

    Other Stories



    Barometer


    Briefly
    Inflation rises to 5.48 p.c.
    NEW DELHI: The annual rate of inflation rose to 5.48 per cent for the week ended April 9, up from the previous week's 5.26 per cent due to higher food and fuel prices. The inflation rate was 4.57 per cent during the corresponding week of the ...

    OBC price band at Rs. 235-260
    NEW DELHI: Oriental Bank of Commerce on Thursday announced the price band of its forthcoming public issue of equity shares at Rs. 235-260. The issue opens on April 25 and will close on April ...

    Jindal Stainless pact with Italian firm
    NEW DELHI: In a bid to promote usage of stainless steel, Jindal Stainless has signed an MoU with Steelway Italia s.r.l. to set up a joint venture company for establishing a world-class service centre in India. The joint veture, Jindal Stainless ...

    Pfizer nominates Managing Director
    NEW DELHI: Pfizer has said that Pfizer Inc. has nominated Kewal Handa as Managing Director of the company. The company said that the nomination of Mr. Handa will be placed before the board for their approval on April 28. ...

    Adobe's new Sr. Vice-President
    NEW DELHI: Adobe Systems on Thursday announced the appointment of Naresh Gupta as Senior Vice-President. In his new position, he will be responsible for identifying emerging technology and business opportunities. ...

    AKR Parcel Service gets ISO 9001-2000
    SALEM: A leading parcel service provider of the city, AKR Parcel Service, has received the ISO 9001-2000 quality certificate. According to its Managing Director, P. Ravikumar, the quality could be achieved after meeting the necessary ...

    Course on gold appraiser
    COIMBATORE: The Small Industries Service Institute will organise a training programme on `gold appraiser' in Chennai, Erode, Tiruchi and Vellore from May 5 to 18. For details contact: N. Sivalingam, Assistant Director, SISI, 65/1, GST Road, ...

    New office-bearers
    COIMBATORE: The following are the new office-bearers of the Builders' Association of India, Coimbatore Chapter, for 2005-2006: G. Ramamoorthi (Chairman), G. Srinivasan (Vice-Chairman), D.R. Sekar (Secretary), K. Chandrasekar (Joint Secretary) ...

    Andhra Bank ties up with Sundaram MF
    CHENNAI: Andhra Bank will distribute the mutual fund schemes of Sundaram Mutual through its network of 1,643 business delivery channels across the country in a phased manner. This follows a memorandum of understanding (MoU) singed between the ...

    Chola MF unveils Global Advantage Fund
    CHENNAI: Chola Mutual Fund has launched a new open-ended diversified equity fund, Chola Global. The fund will invest in Indian companies which are expanding their business in global markets and are expecting at least 20 per cent of turnover from ...

    IndusInd completes Tier-II bond issue
    CHENNAI: IndusInd Bank has mobilised Rs. 170 crores in its Tier-II bond issue during March 2005. The issue is listed on the wholesale debt market segment of NSE. The privately placed unsecured redeemable non-convertible subordinated bonds offered ...

    Infotech net at Rs. 27 crores
    HYDERABAD: Infotech Enterprises has reported consolidated revenues of Rs. 257 crores (Rs. 187 crores) and a net profit of Rs. 27.38 crores (Rs. 9 crores) for the year ended March 31, 2005. However, the net profit of Rs. 27.38 crores includes Rs. ...

    Northgate registers larger income
    HYDERABAD: Northgate BPO Services, which operates in one segment only, that of services export, has made a head way in the U.S. market by getting 20 per cent of its annual turnover from `online advertising' and 75 per cent from telecom services, ...

    Intel's dual-core processor technology
    HYDERABAD: Intel Corporation announced that computer manufacturers Alienware, Dell and Velocity Micro started selling desktop PCs and workstation based on Intel's first dual-core processor-based platform, from Wednesday. G. B. Kumar, Director, ...

    Bosch Security launches new products
    BANGALORE: Bosch Security Systems announced the launch it's fire business with the introduction of a whole range of fire detection products in India. According to Dhiraj Wali, Business Head, Bosch Security Systems India, "The product portfolio ...

    IDSA's turnover up 30 p.c.
    BANGALORE: Indian Direct Selling Association (IDSA) has announced a turnover of Rs. 1,381 crores for 2004 among member companies. It has recorded a growth of more than 30 per cent with 7.80 lakh women in direct selling. According to the ...

    Unichem's Baddi unit on stream
    MUMBAI: Unichem Laboratories has announced the production of its second unit at Baddi, Himachal Pradesh. According to a BSE release, this non anti-biotic unit is to set up with an investment of Rs. 35 crores and has a capacity to produce 950 ...

    Indroyal opens new manufacturing unit
    THIRUVANANTHAPURAM: Fashion furniture maker, Indroyal, opened a new manufacturing unit starting with 150 employees at the Kinfra Apparel Park here on Thursday. The company is already having a manufacturing unit at Tenkasi in Tamil Nadu. The new ...

    IBS Software bags contract from Italian airline
    THIRUVANANTHAPURAM: IBS Software Services, the technopark-based world-class provider of software solutions to the global travel, transportation and logistics industry, has signed a major contract for delivering its airlines solution TopAir to ...

    Paramount buys digital processing machine
    THIRUVANANTHAPURAM: The Paramount photographers here has acquired a Fuji Frontier 570 high speed, high level digital processing machine. It was inaugurated at the new premises of Paramount Photographers at Ayurveda College Junction by Suresh ...

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