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Thursday, February 23, 2006
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EAC wants close watch on current account deficit
Stresses need to finance productive investment

Safeguards before further opening up of retailing
NEW DELHI: The Union Government on Wednesday said it would take all possible and necessary safeguards before it opens the retail sector to overseas multiple brand owners and giants to minimise its impact on domestic retailers. "Though single ...

Govt. to transfer MUL shares to employees
NEW DELHI: After picking up Rs. 1,568 crore from sale of its eight per cent equity in Maruti Udyog Ltd., the Union Government has given the green signal to a proposal seeking transfer of 0.01 per cent of its shareholding in favour of the ...

HP's laser colour printing systems
BANGALORE: HP India has launched a broad portfolio of colour laser printing systems and solutions aimed at small and medium business (SMBs). The colour laser printer market in India for 2005 was 15,434 units (a 100 per cent growth over 2004) ...

Other Stories



Barometer


Briefly
Scottish & Newcastle FDI proposal approved
NEW DELHI: Scottish & Newcastle Plc on Wednesday received the Centre's nod to bring in a foreign direct investment of Rs. 83.33 crores to increase its holding in the Indian arm from 40 per cent to 50 per cent. Alongside, the Mauritius-based ...

Meeting of Board of Approval for SEZs
NEW DELHI: A meeting of the Board of Approval (BOA) for Special Economic Zones will be held on March 17 at Udyog Bhavan, New Delhi. Applications for setting up SEZs received up to March 1 will be taken up for consideration in the meeting. ...

REVL to get listed on February 24
MUMBAI: The Anil Ambani-controlled Reliance Energy Ventures Ltd (REVL) will get listed and start trading on the bourses on February 24. The company on Tuesday secured stock exchanges' approval for ...

GoAir to acquire 20 Airbus 320s
MUMBAI: Wadia family-promoted budget carrier GoAir on Wednesday said it has placed an order worth $1.2 billion with Toulouse-based Airbus Industrie to buy 20 Airbus 320 aircraft as part of the airline's fleet expansion programme. The deal was ...

ObjectFrontier to expand in Chennai
CHENNAI: ObjectFrontier Software (P) Ltd (OFS), involved in developing some very large mission-critical projects globally, has decided to expand its operations by setting up a primary offshore development centre at Ascendas, the International ...

Noida Toll Bridge plans GDR issue
NEW DELHI: Noida Toll Bridge Company Limited (NTBCL), a special project vehicle promoted by Infrastructure Leasing & Financial Services Ltd. (IL&FS), is implementing a scheme of restructuring deep discount bonds (DDBs) and is placing a Globa

Ness Tech acquires Innova Solutions
MUMBAI: Israeli software solution provider Ness Technologies Inc. has acquired the Hyderabad-based Innova Solutions for $25 million. With revenues of over $30 million, Innova is an IT services provider and system integrator, offering a portfolio ...

Wipro Tech, OM Partners form alliance
BANGALORE: Supply chain solutions vendor OM Partners and Wipro Technologies have announced a global alliance to provide integrated solutions in supply chain for their clients in process manufacturing industries. The alliance will offer combined ...

TMT to enter China, ASEAN countries
NEW DELHI: Tata Group company, TACO MobiApps Telematics Ltd (TMT), a joint venture between TACO and MobiApps Holdings, Singapore, on Wednesday said it is in talks with various companies to enter China, Thailand and ASEAN countries. TMT, which ...

IDBI inaugurates Disaster Recovery site
CHENNAI: IDBI has inaugurated Level III disaster recovery site at Nandanam, Chennai. This site would also help IDBI in further complying with the Basel II norms and other statutory requirements. The site has state-of-the-art systems and ...

NeoAccel to expand R&D operations
BANGALORE: NeoAccel, a pioneering innovator of next-generation Internet security solutions, has set aside Rs. 50 crore for R&D operations as part of its expansion plans in India. It will also expand its development operations in India by ...




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