Online edition of India's National Newspaper
Friday, August 18, 2006
Online edition of India's National Newspaper Friday, August 18, 2006 |
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Drug cos. to limit margin on generics 35 p.c., 15 p.c. margins for retail and wholesale trade 
Rolta, Thales form joint ventureThe 51:49 venture will develop sophisticated information systems 
Sensex up 29 pointsMUMBAI: Global developments continued to influence the stock market with benign U.S. inflation data and easing crude oil prices on Thursday aiding the Bombay Stock Exchange benchmark, Sensex, to close 29 points higher at 11477.48. Taking a cue ... 
HM rolls out Mitsubishi MonteroThe 3.2-litre sports utility vehicle is priced at Rs. 29.70 lakh Other Stories
Barometer Briefly Panel on insurance brokers norms MUMBAI: The Insurance Regulatory and Development Authority (IRDA) has constiuted an Expert Committee under the Chairmanship of G. K. Raman to review the regulations governing the licensing of brokers, particularly in the context of the ... ICICI Bank offloads entire stake in IDFC MUMBAI: ICICI Bank on Thursday sold off its entire stake of 3.74 per cent in Infrastructure Development Finance Company Ltd (IDFC) to Goldman Sachs for Rs. 252 crore. ... Murthy to join TiE Board of Trustees NEW YORK: Infosys Technologies' Chief Mentor N. R. Narayana Murthy is joining the Board of Trustees of The Indus Entrepreneurs (TiE) Inc (Global), a worldwide network of businessmen and professionals dedicated to fostering ... Indo-Russian hi-tech centre opens in Siberia MOSCOW: An Indo-Russian centre for research, development and implementation of joint high-technology projects opened in Siberian city of Novosibirsk on Thursday. Initially the centre would be involved in development and implementation of ... Suguna poultry's expansion plans COIMBATORE: Suguna Poultry Farms plans to invest Rs. 950 crore (capex and working capital) by 2010 to go in for own hatcheries, feed mills and breeder farms. The company has invested Rs. 250 crore in the last five years towards expansion. Its ... LVB launches new deposit, loan products MUMBAI: Lakshmi Vilas Bank has launched two new products, a deposit scheme Lakshmi Tax Saver and a loan product Lakshmi Property Power. Lakshmi Tax Saver is targeted at individuals, HUFs and minor accounts and gives an interest of 8.5 per cent ... Sundaram Infotech launches ERP academy CHENNAI: Sundaram Infotech Solutions (SIS), the IT arm of Sundaram Finance, has launched an ERP learning centre, the "Axapta Academy of Excellence", to train both functional and technical professionals at its Chennai facility. SIS is one of the ... KSB Pumps introduces new submersible pumpset CHENNAI: KSB Pumps, a part of KSB AG of Germany, has launched a state-of-the-art openwell submersible pumpset — Monosub R. Some of the advantages of the product include higher discharge with optimal power consumption and efficient ... Juki Expo 2006 CHENNAI: Juki Corporation, the Japan-based manufacturer of industrial and household sewing machines and surface mount technology systems, is in India to host a series of expositions. It will be hosting its second exposition in Chennai from ... Venus gets nod for Cephalosporin FDC MUMBAI: Venus Remedies has received approval from the Drug Controller General of India (DCGI) for launching fixed dose combination (FDC) drug of Cephalosporin. The company will launch the new FDC under strategic marketing tie-ups with leading ... Renault-Nissan Institute ties up with Omnex CHENNAI: The Renault-Nissan Institute has signed a partnership agreement with Omnex India, enabling the institute to extend its global business improvement consultancy footprint into India. The first step of this partnership will help ... New COO for Sify CHENNAI: Sify Limited has announced the appointment of Suri Venkat as its Chief Operating Officer. According to a release, Mr. Suri, after a successful career in large organisations such as ITC, has also built an infrastructure company as an ... Nippon Paint launched HYDERABAD: Nippon Paint India will set up 50 exclusive outlets across South India by the end of 2006. This was revealed by the company's Vice-President, Decoratives, Ramakanth Akula, at the launch of its products in Hyderabad. Nippon Paint ... Virtusa's new HR director HYDERABAD: Virtusa Corporation, a provider of software development and IT services, has announced the appointment of Murali Venugopalan as Director-Human Resources. Mr. Murali will play the role of HR partner for one of the two Asia Business ... HTMT completes stake sale in Hutchison Essar NEW DELHI: Hinduja TMT Limited (HTMT), along with its 100 per cent subsidiary, InNetwork Entertainment Limited (INEL), has completed the sale of its entire stake in Hutchison Essar Limited. The company and INEL received the balance sale ... Matchmaking for PR consultancies NEW DELHI: Public Relations Consultants Association of India (PRCAI), the apex industry body representing public relations consultants in India, and a member of the International Communications Consultancy Organisation (ICCO), on Thursday ... IPv6 Forum signs MoU with Chinese council NEW DELHI: The IPv6 Forum India, a non-governmental organisation and the national chapter of the global IPv6 Forum, has signed a memorandum of understanding with the China IPv6 Council. The association between the two chapters will be crucial in ... IACC award for Cisco Systems NEW DELHI: Internet networking company, Cisco Systems, on Thursday announced that Cisco India has been given awards by the Indo-American Chambers of Commerce (IACC). The IACC has instituted the "Indo-American Corporate Excellence awards" and ... Mann-Hummel opens subsidiary in Tumkur BANGALORE: Automotive components maker Mann+Hummel on Thursday opened its 100 per cent subsidiary company, Mann and Hummel Filter Private Limited, at Tumkur in Karnataka. The new company will sell Mann-Filter products to the automotive and ... Freescale expands presence in Bangalore BANGALORE: Fabless firm (viz. a firm which gets semiconductors fabricated by others), Freescale Semiconductor Inc. has expanded its India operations with a new one lakh-sq. ft. facility in Bangalore to support its research and development in ... Other Stories
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