Online edition of India's National Newspaper
Thursday, August 03, 2006
Online edition of India's National Newspaper Thursday, August 03, 2006 |
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Wipro Tech, Motorola form joint ventureWill provide outsourced telecom services to public, private network customers Yahoo!, Canaan invest $8.65 m in BharatMatrimony MUMBAI: Yahoo! Inc. and Canaan Partners, an early stage venture investor in innovative technology companies, have announced that they have invested $8.65 million in BharatMatrimony.com Pvt. Ltd., the leading matrimony service provider with 7.5 ... Actuaries Bill gets LS nod The definition of actuaries expanded and made more comprehensive SAP to pump in $1 billion investment in 5 years New Centre of Excellence inaugurated in Gurgaon SpiceJet's operating profit at Rs. 71 cr. Carried 16 lakh passengers last year Content service provider PMG acquires Westwords It offers one-stop solution to publishers and content developers Other Stories
Barometer Briefly Conference on textiles COIMBATORE: : SSM College of Engineering, Komarapalayam, and Texas Tech University will organise a three-day conference on `Advances in Fibrous Materials, Non-woven and Technical Textiles' from August 7. The Union Minister of State for Textiles, ... Hutch moves Court against Essar's letter MUMBAI: Stung by the termination notice issued by its joint venture partner Essar over the merger of BPL Mobile (Mumbai circle) into Hutchison Essar, Hutch has moved the Bombay High Court against the notice, terming it as "unlawful.'' Both Hutch ... TRAI to regulate channel pricing NEW DELHI: In a relief to cable TV subscribers ahead of the roll-out of CAS in Delhi, Mumbai and Kolkata, the Government has empowered the Telecom Regulatory Authority of India to intervene if it finds that pay channel prices are "too high,'' ... Deutsche Bank opens new business MUMBAI: Deutsche Bank has opened its first exchange-based futures business in India through its subsidiary, Deutsche Equities India Private Limited, a member of the National Stock ... Fidelity to launch new fund on August 17 MUMBAI: Fidelity Fund Management Private Limited, which manages three equity funds and a multi manager cash fund in India, will launch the Fidelity Short Term Income Fund, a fixed income product, on August 17. ... Two-point rise in Consumer Price Index NEW DELHI: The all India Consumer Price Index for industrial workers has increased by two points in June to 123. Training programme on employability skills COIMBATORE: : The Federation of Indian Chambers of Commerce and Industry will conduct a training programme on employability skills at the K. S. Rangasamy College of Technology from August 4 to August 6. According to a release, it is being ... 12-hour banking at IOB branch COIMBATORE: : Indian Overseas Bank will start 12-hour banking at its Ramalinga Nagar branch, Saibaba Colony, from August 3. It will be inaugurated by the Chief Regional Manager, Chidambaram, and gradually extended to other branches in the ... Yatra launches online services CHENNAI: Yatra has launched online travel services through its website www.yatra.com . Backed by Reliance (ADAG), TV 18 group, and NVP, and founded by a seasoned team of travel professionals from across the globe, Yatra meets the needs of ... City Union Bank revises NRE deposit rates CHENNAI: City Union Bank has revised the interest rates on NRE deposits to 6.55 per cent for the maturity period of one year, 6.45 per cent for two years and 6.42 per cent for three years. FCNR (Foreign currency non-resident deposit) rates for ... Central Bank revises NRE and FCNR rates CHENNAI: Central Bank of India has increased interest rates on NRE and foreign currency non-resident (B) deposits across all maturities with effect from August 1. The interest rates on FCNR-B deposit in U.S. dollar are: for one year to less than ... Dalmia Cements posts impressive results KOCHI: Dalmia Cements (Bharat) Ltd. has reported a jump in net profit, that is from Rs. 10.72 crore to Rs. 50.28 crore, in the quarter ended June 30, 2006. Sales for the quarter also registered 54 per cent increase to reach Rs. 232.48 crore, ... Airtel `Youth Card' for Delhi pre-paid customers NEW DELHI: Airtel on Wednesday unveiled its `Youth Card' for pre-paid customers in Delhi at Rs. 149, including services like night calling tariff at 10 paise a minute and all local SMSs at 25 paise. The card offers 3,000 local Airtel to Airtel ... Ram Informatics' e-governance deal with UP Govt . NEW DELHI: Ram Informatics on Wednesday signed the e-governance project contract — `e Suvidha' — with the Uttar Pradesh Government for Lucknow city. The execution will be carried out jointly with CMS Computers. The project offers ... BHEL bags NTPC contract NEW DELHI: Bharat Heavy Electricals Limited (BHEL) has secured a major contract from the National Thermal Power Corporation (NTPC) for setting up the first 490 MW unit of the National Capital Thermal Power Project (NCTPP) Stage-II at Dadri in ... Wyeth transfers Nashik factory lease rights NEW DELHI: Wyeth has assigned its leasehold interest in the factory at Nashik to Mahindra & Mahindra for a consideration of Rs. 2.50 crore. The company also assigned its brand Forhans Toothpaste and Toothpowder, manufactured in the premises and Andhra Bank increases benchmark PLR HYDERABAD: Andhra Bank on Wednesday announced a revision of its benchmark prime lending rate by 50 basis points with effect from August 2. The rate will now be 11.50 per cent and it will be the reference rate for loans and advances with limits ... IDEA extends reach to 500 towns in A.P. HYDERABAD: Idea Cellular has extended its reach to 500 towns in Andhra Pradesh. The company is in a mega network expansion roll in Andhra Pradesh with over 120 new towns added in the last two months in the State. Subbaraman Iyer, Circle Head, ... Reliance Communication Q1 net at Rs. 513 cr. CHENNAI: Reliance Communication has achieved a net profit of Rs. 513 crore for the first quarter ended June 30, 2006, against a loss of Rs. 250 crore in the corresponding period last year. The revenue has increased to Rs. 3,250 crore from Rs. ... Calsoft revenue up 66 p.c. CHENNAI: California Software Company has reported a total revenue of Rs. 36.24 crore for the quarter ended June 30, 2006, a growth of 66 per cent over the same period in the previous year. The profit after tax was Rs. 69.53 lakhs, a growth of ... Hotel Leela's expansion project on course BANGALORE: : Hotel Leelaventure has reported a three fold increase in its net profit at Rs. 62.78 crore in the first quarter ended June 30, 2006, from Rs. 14.96 crore in the corresponding period last year. The rise was supported by an income of ... Nitesh Estates to set up SEZ in Mangalore BANGALORE: : Nitesh Estates, the real estate division of the Nitesh group, has proposed to set up a Special Economic Zone (SEZ) in Mangalore. According to a company release, a two million sq. ft. facility will be developed in Ganjimutt. The SEZ, ... Fabrics & accessories trade show from August 6 BANGALORE: : The third edition of the Fabrics and Accessories Trade Show will be held here from August 6 to 9. P. Krishna Murthy, Chief Executive Officer, S Media and Marketing, the event organiser, said the event will be held at the Trade Centre ... Dewan Housing hikes home loans floating rate BANGALORE: Dewan Housing Finance Corporation (DHFL) has hiked interest rates for retail home loans by 100 basis points with effect from August 1. The new variable rate will be 9.5 per cent, Shivkumar Mani, Head, Marketing, DHFL, said in a ... Sanyo introduces new range of washing machines KOCHI: Japanese durables brand Sanyo has introduced a new range of washing machines in the Kerala market that incorporate technological innovations like tilted tub, ultrasonic wash and cyclone dry, says a press release. The machines are ... Other Stories
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