Online edition of India's National Newspaper
Wednesday, July 26, 2006
Online edition of India's National Newspaper Wednesday, July 26, 2006 |
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RBI hikes short-term ratesRepo, reverse repo rates raised by 25 basis points New priority sector lending norms soon Conflicting views on deregulation of the SB deposit rate Inflation will be checked: FM Banks directed to maintain flow of funds to productive sectors 
Sensex gains further on anti-inflationary policyMUMBAI: Buoyed by a positive turnaround in global markets and the Reserve Bank's anti-inflationary credit policy review, the Bombay Stock Exchange's Sensex advanced higher for the second straight day on Tuesday and added 200 points. Bank ... 
Four companies jointly launch Visual RadioListeners can interact with special guests through this facility Other Stories
Barometer Briefly ASEAN suspends trade talks with India KUALA LUMPUR: The Association of Southeast Asian Nations has suspended free-trade talks with India because of New Delhi's reluctance to open its markets, a spokeswoman of Malaysia's Trade Minister said on Tuesday. India had demanded that some ... BP, Infosys to co-chair panel on global business BANGALORE: BP and Infosys will co-chair a year-long inquiry into the purpose and role of global business in the future, along with leaders from some of the world's leading global companies. Called "Tomorrow's Global Company,'' the inquiry would ... Qualcomm not to negotiate royalties NEW DELHI: CDMA technology developer Qualcomm on Tuesday said it was not negotiating with Indian telecom players, including Reliance Communications, on lowering the royalty paid by them. "Qualcomm is committed to help the industry drive handset ... OBC upgrades extension counter COIMBATORE: Oriental Bank of Commerce has upgraded its extension counter at R. S. Puram to a full-fledged branch from July 17. The Regional Head of the Chennai region, K. Srinivas, said various retail credit products will be made available to ... ERP software for spinning mills COIMBATORE: Sudarshan Software Exports has developed and implemented SpinERP- an Enterprise Resource Planning software for spinning mills. The Windows OS-based solution was implemented in nine mills in India and in some mills in Bangladesh and ... N. Gopalakrishnan assumes charge COIMBATORE: N. Gopalakrishnan, who was Principal Scientist (Bio Chemistry) at the Central Institute for Cotton Research (CICR), Indian Council of Agricultural Research, Regional Station in Coimbatore, has taken charge as Project Coordinator ... Wipro, Motorola form venture BANGALORE: Wipro Technologies and Motorola Inc. have formed a joint venture, MNetServ, to deliver outsourced telecom services to help customers focus on their core business and gain access to capabilities not available internally. WMNetServ will ... Tayal group bags Rs. 570-cr. power projects MUMBAI: The Tayal group of companies has bagged the development rights for two hydel power projects from the Uttaranchal Government, one of 63 MW and the other of 7.7 MW. Tayal Energy, a subsidiary of KSL and Industries, will execute these two ... Mastek pays 70 per cent final CHENNAI: Mastek has announced a final dividend of Rs 3.50 per share (70 per cent on par value of Rs. 5 per share, after 1:1 bonus). Including the interim dividend of Rs. 3 per share (60 per cent on par value of Rs. 5 per share), the total ... IOB signs MoU with C.R.I. Pumps CHENNAI: Indian Overseas Bank (IOB) has entered into a memorandum of understanding (MoU) with C.R.I. Pumps, Coimbatore, a leading pumpset manufacturer, for financing farmers for purchase of C.R.I. pumpsets. C.R.I. Pumps, with a network of 4,500 ... Other Stories
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