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Wednesday, July 05, 2006
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Honda launches the Civic model
It is priced at Rs. 10.75 lakh (ex-showroom Delhi)

Cognizant to focus on media space
Forms digital media centre of excellence

Hotels in Northeast to get 'industry' status
GUWAHATI: Union Tourism Minister Ambika Soni on Tuesday announced that the Centre would accord `industry' status to hotels coming up in Northeastern States to promote tourism. Ms. Soni said the Ministry of Tourism would impress upon the ...

LIC launches unit linked pension plan
CHENNAI: Life Insurance Corporation of India (LIC) has launched its unit linked pension plan — Market Plus — which combines investment and pension benefit with the option of insurance cover during the term of the policy. The plan is ...

UTI Mutual Fund's micro-pension initiative
CHENNAI: UTI Mutual Fund has entered into a customised arrangement with Paradeep Port and Dock Mazdoor Union for providing its members an investment opportunity through a micro-pension initiative under its UTI-Retirement Benefit Pension Fund. ...

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Barometer


Briefly
Godrej Consumer eyes South African brand
CHENNAI: Godrej Consumer Products has entered into an agreement for the acquisition of the South African hair colour business of Rapidol of the U.K., as well as its subsidiary, Rapidol International, which had a combined turnover of 52 million ...

GM India sales up 53 p.c. in June
CHENNAI: General Motors India, a wholly owned subsidiary of General Motors Corporation, sold 3,346 units in June 2006 against 2,183 cars in the same month last year, a growth of 53 per cent. The June 2006 sales comprise of 1,961 units of ...

Hero Honda registers 23 p.c. growth in June
CHENNAI: Hero Honda has achieved cumulative sales of 8.33 lakh units in the quarter ended June 30, 2006, against 6.86 lakh units in the corresponding period last year, a growth of 21.3 per cent. In June 2006, the company sold 2.79 lakh units ...

TMB raises NRE, FCNR-B deposit rates
TUTICORIN: Tamilnad Mercantile Bank Limited (TMBL) has hiked the interest rates by 30 basis points for maturity periods between one year and below three years, on its Non-Resident External (NRE) term deposits. Similarly, interest rates were ...

Polaris Retail solution for Delhi store
CHENNAI: Polaris Retail Infotech, a retail software provider and a wholly owned subsidiary of Polaris Software Lab, has won a multi-branch deal with Lilliput, a Delhi-based brand store of Anand Childrenware (P) Ltd. The software will manage the ...

Wyeth launches vaccine for infants
MUMBAI: Wyeth has launched `Prevenar' — its international blockbuster vaccine for invasive pneumococcal disease (IPD) — in India. Prevenar is the pneumococcal conjugate vaccine for infants and toddlers that protects against ...

CPCL gets new Director (Technical)
CHENNAI: S. Chandrasekaran has been appointed Director (Technical) of Chennai Petroleum Corporation Ltd. In CPCL he has served in various capacities in the operations, project development, implementation and commissioning. He assumed charge on ...

New Chief Executive for DBS Cholamandalam
CHENNAI: DBS Cholamandalam Asset Management Limited has announced that Rajnish Narula will be the company's new Chief Executive, effective June 23. DBS Chola AML, a subsidiary of Cholamandalam DBS Finance Limited, is the investment manager of DBS ...

Govt. extends ban on export of pulses
NEW DELHI: The Union Government has extended the ban on export of more than 10 types of pulses till March 31, 2007, instead of December 26 this year. As per a notification by the Directorate General of Foreign Trade the ban would now remain in ...

TDSAT rejects petition
NEW DELHI: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Tuesday rejected the petition of ASC Enterprises, seeking to restrain Star from giving its signals to any other DTH operator, and said it would pass a final order on the ...

Tulip gets LoI for NLD, ILD licence
NEW DELHI: Tulip IT Services Ltd., provider of end-to-end data connectivity, on Tuesday said it had been awarded the Letter of Intent (LOI) for national long distance and international long distance licence by the Department of Telecom (DoT). ...

IAASB Chairman reappointed
CHENNAI: The International Federation of Accountants (IFAC) has announced the reappointment of John Kellas as Chairperson of the International Auditing and Assurance Standards Board (IAASB) for a second term from January 1, 2007, till December ...

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