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Target Plus scheme will be revamped: Kamal Nath
DEPB will continue till the announcement of a new scheme

FM broadcast: Adlabs walks home thumbs up
Centre set to earn Rs. 620 cr. in two rounds of bidding

FM urged to step up reforms
Economists favour phasing out of tax exemptions

Late selling wipes out early gains
MUMBAI: Late selling pressure in key stocks wiped out early gains and the Sensex on Friday ended flat as foreign institutional investors coupled with retailers took profits at higher levels amid announcement of excellent third quarter ...

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Barometer


Briefly
Changes in Clause 49
CHENNAI: The Securities and Exchange Board of India (SEBI) has effected some changes in the provisions of Clause 49 of the Listing Agreement on meeting of the board of directors of companies and sitting fee of directors. The maximum time gap ...

Consultation paper on differential tariffs
NEW DELHI: After lifetime validity plans, differential tariffs have come under the scrutiny of the Telecom Regulatory Authority of India, which is planning to formulate policies to check discrimination in such tariffs charged by operators for ...

BoB price band at Rs. 210-230
MUMBAI: Bank of Baroda has fixed a price band of Rs. 210-230 for its follow-on public offer of 7.1 crore shares which will hit the market on January 16. The issue will close on January 20, the bank said in a ...

Andhra Bank fixes price band
MUMBAI: Andhra Bank has fixed a price band of Rs. 82-90 for its follow-on public issue of 8.50 crore shares. The issue, which opens on January 16 and closes on January 20, will have equity shares of Rs. 10 each for cash at a premium to be ...

Kinetic signs pact with Taiwan firm
CHENNAI: The board of directors of Kinetic Motor Company has recommended a preferential allotment of equity shares to Taiwan-based Sanyang Industry Co. Ltd. (SYM). Kinetic will issue 20.65 lakh shares at a price of Rs. 66 per share aggregating ...

Brightstar starts India operations
CHENNAI: Brightstar Corporation, a U.S.-based $2 billion company and a leader in value-added supply chain management and mobile solutions for the wireless industry globally, has now launched its operations in India. Brightstar Telecom India Pvt. ...

Castrol India pays Rs. 4.25 final
CHENNAI: Castrol India has announced a final dividend of Rs. 4.25 per share. The company has already paid an interim dividend of Rs. 4 per share. The company has posted a net profit of Rs. 146.81 crore for the year ended December 31, 2005 against ...

Bajaj Auto Q3 net up
MUMBAI: Bajaj Auto has reported a 53.3 per cent rise in net profit at Rs. 278.99 crore for the quarter ended December 31, 2005 against Rs. 182.01 crore in the same quarter in the previous fiscal. Total income has increased by 24.50 per cent to ...

Essilor acquires 50 p.c. stake in GKB Rx
CHENNAI: Essilor India, a fully owned subsidiary of Essilor International, the world's largest ophthalmic lens company, on Friday announced the acquisition of 50 per cent stake in GKB Rx Lens Pvt. Ltd., a leading ophthalmic lens processing ...

SkyTECH opens development centre
CHENNAI: SkyTECH Solutions, a joint venture between United Airlines and TCG, has started its new development centre in Chennai. This is SkyTECH's third offshore development centre after Kolkata and Mumbai. This SEI CMM Level 5 company provides ...




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