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Wednesday, March 08, 2006
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Australia to expand business operations in India
Santos strikes deal with Reliance Petroleum

IOC to invest in oil exploration
Company expects to net Rs. 6,300 crore from oil bonds to be issued on Wednesday

Paswan to press PM for release of fertilizer subsidy
Urges units to strengthen distribution network

Reliance Petro files draft prospectus
MUMBAI: Mukesh Ambani-led Reliance Petroleum Ltd (RPL) filed a draft red herring prospectus for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) to raise funds for its greenfield refinery project. The ...

TRAI issues notice to six private mobile operators
`Companies must augment their existing PoIs to reduce congestion'

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Barometer


Briefly
Plan for Indian Chapter of IECA
Coir Board to lead the initiative

India to sign PTA with Chile today
NEW DELHI: India and Chile will sign a Preferential Trade Agreement on Wednesday. The agreement will be signed by Commerce Secretary S. N. Menon and Chilean Ambassador Jorge Heine, in the presence of Commerce Minister Kamal Nath, an official ...

Think differently, says Pitroda
KOCHI: National Knowledge Commission Chairman Sam Pitroda has told Congress men to think out of the box and focus on ideas for transformation of society. Addressing party leaders and workers at the State conference of the Kerala Pradesh ...

Allahabad Bank office for Shenzhen
KOLKATA: Allahabad Bank has got the approval from the China Banking Regulatory Commission (CBRC) for opening its representative office at Shenzhen, China. This will be the bank's first-ever foreign presence in its 141-year history. ...

Call for technology strategy to help village poor
`We need to respect efforts to create wealth'

Telecom tariff reporting norms relaxed
NEW DELHI: The special tariff schemes offered by telecom companies to bulk customers need no longer be reported to regulator TRAI within seven days of their introduction, but it would suffice to do so every quarter. Relaxing the reporting norms ...

SBT loan for bus, truck operators
THIRUVANANTHAPURAM: Taking into account the difficulties being faced by the private bus and truck operators to meet expenses like road tax, insurance and other recurring expenses, the State Bank of Travancore has introduced an innovative working ...

ADB President visiting India
MANILA: The Asian Development Bank President Haruhiko Kuroda will arrive in India on Thursday to review preparations for the bank's Annual Meeting to be held in Hyderabad from May 3 to ...

LML declares lock-out in Kanpur unit
MUMBAI: LML has declared a lock-out from Tuesday following a strike by workers at its Kanpur Unit.

Free credit card to BoB customers
COIMBATORE: Bobcards, a subsidiary of Bank of Baroda, is organising "Bobcards fortnight" from March 1 to 15 to create brand awareness and to market free cards to Bank of Baroda customers. A release from the Assistant Vice-President, G. S. ...

Harrisons Malayalam bags six awards
COIMBATORE: Plantation major Harrisons Malayalam has won six awards in the second edition of the Golden Leaf India Southern Tea competition organised by the United Planters Association of Southern India at the Dubai Tea Trading Centre, Dubai, on ...

Textile fair helps conclude Rs.500 cr. sale negotiations
COIMBATORE: The four-day International Textile Technology and Machinery Expo (ITGME 2006), which concluded here on Monday, has helped conclude sale negotiations to the tune of about Rs. 500 crore. According to a release, the expo drew a large ...

Suguna Poultry set to cross Rs. 1,100 cr. turnover
COIMBATORE: The Coimbatore-based Suguna Poultry Farms Limited expects to cross Rs. 1,100 crore turnover this fiscal. According to its Managing Director, B. Soundararajan, its turnover last year was Rs. 820 crore. With operations in eight States, ...

Tify launched in Mangalore
MANGALORE: The Tify range of international foods, manufactured by Global Green Company Ltd., (GGCL), was launched in Mangalore recently. GGCL, a part of the Thapar group, grows, processes and markets a range of specialty vegetables such as ...

Tata Motors selects CSM software
BANGALORE: Tata Motors has selected CSM Software to be the provider of MSC Software's Masterkey licensing system to strengthen and expand its virtual product development process. The system provides access to the complete suite of MSC's ...

Intel-ICICI Bank collaboration for SME sector
BANGALORE: Intel has forged a collaboration with ICICI Bank to provide easy and affordable financing options for the purchase of IT solutions in small and medium businesses. The Intel-ICICI financing option includes hardware, software and ...

WebEx launches WebOffice solution in India
BANGALORE: Web communications services provider, WebEx Communications Inc., on Tuesday launched on-demand WebOffice solution for the Indian market targeting offshoring and outsourcing firms. The solution, a business collaboration service, ...

Cost-effective pacemakers from Pacetronix
INDORE: The Indore-based Shree Pacetronix Ltd. has volunteered to offer indigenously manufactured pre-programmed pacemakers for as little as Rs. 25,000 as against the cost of Rs. 45,000-50,000 of an imported device. Local governments in Northern ...

Malar Publications' foray into broadcasting
CHENNAI: Malar Publications Ltd, publishers of the Daily Thanthi , Maalai Malar and Maalai Murasu dailies, has appointed Munoth Financial Services Ltd as its merchant banker for its initial public offering of shares. The ...

UTI Mutual launches UTI Contra Fund
CHENNAI: UTI Mutual Fund has announced the launch of a new scheme "UTI Contra Fund" , an open-ended equity oriented scheme. The new fund offer is open from February 22 to March 22. Addressing presspersons here on Tuesday, D. S. R. Murthy, ...

Mastek to ramp-up operations in Pune
CHENNAI: Mastek on Tuesday announced its plans to ramp up operations at its Pune development centres to satisfy increasing business demands. The company will recruit solutions architects, technical architects, business analysts for architecting ...

K9 Technologies implements CMMS in 3 companies
CHENNAI: The Chennai-based K9 Technologies, a software development company, has indigenously developed a web-based computerised maintenance management system (CMMS), Mechane. K9 has implemented this system in AstaZeneca in Bangalore, Futura ...

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