Online edition of India's National Newspaper
Friday, August 25, 2006
Online edition of India's National Newspaper Friday, August 25, 2006 |
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ASEAN agrees to resume free trade talks with IndiaRegional grouping wants India to offer deeper concessions 
Samsung plans second unitLaunches a slew of new products in the digital media segment VSNL to invest $600 m in submarine cables Funding through strategic partnership and internal accruals Ascott inks pact with Rattha Group To acquire and develop seven serviced residences across India Ducati forms JV with Kinetic group Initial investment will be Rs. 12-15 crore BEA Systems to expand India operations Largest R&D facility in Bangalore 
RIL perks up SensexMUMBAI: Bolstered by a sharp rise in the top heavyweight and petro-chem giant Reliance Industries Limited (RIL), the Bombay Stock Exchange bellwether Sensex not only snapped a two-day losing streak but also flared up by 125 points to close at ... Other Stories
Barometer Briefly Mittal group appoints consultant BHUBANESWAR: Narrowing down the choice to four out of seven sites offered by the Orissa Government to set up its proposed 12 million tonne project, Mittal Steel has commissioned state-run consultancy group MECON to select a suitable location ... SBI board ratifies PLR hike MUMBAI: The board of directors of State Bank of India on Thursday ratified the bank's decision to hike the prime lending rate (PLR) by 25 basis points. ... RBI notification on relief bonds MUMBAI: The Reserve Bank of India on Thursday said banks should either issue a demand draft free of cost, or an at-par cheque payable at all branches of the bank. This will be in cases where the payment of principal/interest on the ... Tata Steel to raise $750 m syndicated loan NEW DELHI: Tata Steel on Thursday said it would raise a syndicated term loan worth Rs. 3,450 crore ($750 million) from international banks to support its capital expenditure plans and future acquisitions. ... SEZ approvals NEW DELHI: The Empowered Group of Ministers on Special Economic Zones headed by Defence Minister Pranab Mukherjee has removed the ceiling of 150 for these zones, to enable more proposals in the pipeline to be cleared. Disclosing this here on ... PET jar manufacturing unit in Coimbatore COIMBATORE: Vikram Ahuja Enterprise International Private Limited has established a PET jar manufacturing unit here at a cost of Rs. 2 crore (excluding land and building). The unit will manufacture about 20,000 cans a month and the commercial ... NI launches NI CompactDAQ COIMBATORE: National Instruments (NI) India launched NI CompactDAQ, a high-speed USB-based modular data acquisition system, here during a Data Acquisition conference held recently. The conference is being held in 12 cities across the country to ... Airtel's instant GPRS for prepaid customers CHENNAI: Bharti Airtel has announced access to its general packet radio service (GPRS) at a nominal charge for all its prepaid customers in Chennai and Tamil Nadu. Prepaid customers with a GPRS enabled handset can now access Internet at the press ... Punj Lloyd JV with German company MUMBAI: Punj Lloyd is entering into a joint venture with KAEFER of Germany, a world leader in the insulation business. Punj Lloyd will hold 49 per cent in this venture. Currently, the company executes projects such as cryogenic insulation for LPG ... City Union Bank launches CUB 400 CHENNAI: City Union Bank has launched CUB 400. According to a release, deposits are accepted for a period of 400 days and are paid interest of 8.50 per cent and 9 per cent for senior citizens. The bank has also launched three new deposit ... ICICI Prudential launches two new products HYDERABAD: ICICI Prudential Life Insurance, the leading private sector life insurer, has announced the launch of two new products — InvestShield Life-New and Immediate Annuity — aimed at offering greater security to investors and ... Natco Pharma launches Bortenat HYDERABAD: Natco Pharma Limited, a Hyderabad-based pharmaceutical company, has announced the launch of its brand of Bortenat (Bortezomib) 3.5 mg injection used in the treatment of multiple myeloma. Bortenat will be priced at Rs. 16,800 as ... Everonn files draft prospectus with SEBI CHENNAI: Everonn Systems India, a fully integrated knowledge management, education and learning solutions company, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its proposed initial public ... Infotech appoints new President HYDERABAD: Infotech Enterprises, a leading engineering and geospatial solutions provider, has announced the appointment of Chandra Sangubhotla as its President. Mr. Chandra will focus on new growth engines in IT services within EMI (engineering ... Sonata offers 15 p.c. off on watches KOCHI: Sonata, a leading watch brand is offering a discount of 15 per cent on all watches for the residents of Kerala during the Onam festival, says a press release. The offer can be availed of at all Sonata showrooms, Timezones and World of ... Narrative fluency dictionary released KOCHI: Prof. Kev Nair's narrative fluency dictionary was released at a function in Kochi on Wednesday. It is a verb-wise compilation of verb-and-noun combinations, says a press ... ISO 9001:2000 for Canara Traders and Printers CHENNAI: Canara Traders and Printers Private Limited has bagged the ISO 9001:2000 award from the certification body TUV South Asia Management Services. The certificate was awarded for establishing and applying quality management system for ... Orbit files draft prospectus with SEBI CHENNAI: Orbit Corporation, a real estate construction and development company, has filed its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering. According to a release, the company ... New President and COO for Flextronics Software BANGALORE: Flextronics Software Systems (FSS) has appointed Manoranjan Mohapatra as its President and Chief Operating Officer. An FSS veteran, with over 14 years in the company, Manoranjan Mohapatra has been a core member of the FSS leadership ... ICICI Bank card utsav underway MANGALORE: A three-day credit card mela `Cards Utsav' organised by the credit card division of ICICI Bank got underway at the Milagres Hall complex here from Thursday. Anup Saha, Deputy General Manager, ICICI Bank inaugurated the event. The ... Other Stories
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