Online edition of India's National Newspaper
Wednesday, February 28, 2007
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Online edition of India's National Newspaper Wednesday, February 28, 2007 ePaper |
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News ePaper Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous • Cartoons Engagements
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SPV formed for freight corridors
Barometer Briefly GACL sells stake in ACIL to Holcim MUMBAI: Gujarat Ambuja Cements Ltd. (GACL) on Tuesday said it had sold 11 per cent stake in Ambuja Cement India Pvt Ltd (ACIL) to Swiss cement major Holcim for Rs. 526.50 crore. The company, which owns 33 per cent holding in ACIL, has exercised ... SEBI imposes fine on Kunaram Chaudhary MUMBAI: The Securities and Exchange Board of India has imposed a fine of Rs. 54 lakh on Kunaram Chaudhary, promoter and director of Ransi Software, for his failure to furnish information to the regulator, manipulative role in his dealings in ... Bharti bids for licence in Saudi Arabia NEW DELHI: Bharti Airtel on Tuesday said it was part of a consortium bidding for the third mobile licence in Saudi Arabia. The company said it had a minority stake in the consortium led by a Saudi company. ... DaimlerChrysler pact with China's Chery FRANKFURT: The supervisory board of DaimlerChrysler on Tuesday gave its approval for a limited partnership with China's Chery Motor Co. to build small, economical cars for North America and western Europe. ... Intel to invest $1.5 b in New Mexico factory SAN JOSE: Intel Corp. plans to spend $1-1.5 billion to overhaul its semiconductor production facility in New Mexico to manufacture computer chips with next-generation technology. ... Syndicate Bank offers two new schemes BANGALORE: Syndicate Bank has introduced two new term deposit schemes — Synd 400 Plus and Synd 500 Plus. For Synd 400 Plus, the rate of interest for deposits below Rs. 15 lakh is nine per cent and for Rs. 15 lakh and above 9.20 per cent. ... `XITE' range of scooterettes launched CHENNAI: : Kabirdass Motor Company, Chennai, has launched four models of its environment-friendly scooterette series. These scooterettes operate using electric energy with the help of a battery. The price of the vehicles ranges between Rs. 28,000 ... Aurobindo Pharma debuts in Botswana HYDERABAD: : Aurobindo Pharma has announced that the drug regulatory authority of Botswana has registered nine of its anti-retroviral products. The products are used in the management of HIV-positive cases, says a ... $100,000 grant for TCS BANGALORE: : Tata Consultancy Services has won a $100,000 grant from Qualcomm Inc. as part of its wireless reach `BREW' application funding programme. The initiative with a $1 million fund is to increase the availability of useful wireless ... Granules India allots stake to Ridgeback Capital HYDERABAD: : Granules India has decided to allot 14.9 per cent of its stake to Ridgeback Capital Investment LLC, a U.S.-based pharma fund, on a preferential basis. According to Krishna Prasad, Managing Director, Granules India, the company will ... CCS Infotech bags NLC, RBI orders CHENNAI: : CCS Infotech, an IT solutions provider, has announced that it has bagged orders worth Rs. 1.71 crore from various sectors. The company has received a Rs. 1.5-crore order from Neyveli Lignite Corporation, a Rs. 12.5-lakh order from RBI, ... Senior appointments CHENNAI: The following senior appointments have been announced by the companies concerned: Soiles Bhattacharya has assumed charge as Director (Finance) of Steel Authority of India Ltd. Prior to this he was Executive Director (Finance & ... Read Today's supplements: Metro Plus | Opportunities | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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