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Wednesday, April 11, 2007
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BUSINESS
Pension fund managers to be named by June
NPS will provide sufficient choice of instruments

BUSINESS
SEBI signs MoUs with Thai, Nigerian regulators
Will facilitate mutual assistance, strengthening of cross border cooperation

Clamp-down on coloured teas
Tea Board to start drive in Tamil Nadu

New Chairman for Nasscom
NEW DELHI: N. Lakshmi Narayanan, Vice-Chairman, Board of Directors, Cognizant Technology Solutions, has been appointed the new Chairman of the National Association of Software and Service Companies (Nasscom) for 2007-08, while Ganesh Natarajan, ...

Other Stories



Barometer


Briefly
Jet-Sahara deal may take off
MUMBAI: Nine months after calling it off, Jet Airways is understood to have struck a deal to revive the takeover of Air Sahara, but at a lower price than the $500 million offered in January last year, reports PTI quoting ...

Cooperation on patents
NEW DELHI: The Ministry of Commerce and Industry and the European Patent Office (EPO) on Tuesday signed a one-year "Work Plan" that includes programmes for human resource development, automation and data exchange between their patent ...

U.S. copyright dispute with China
GENEVA: The U.S. formally lodged its WTO complaint against copyright piracy in China on Tuesday, marking the latest in a series of trade spats between the two giants, trade officials ...

Suzlon raises bid for REpower
MUMBAI: Wind power major Suzlon Energy has revised its offer price for REpower Systems to 150 euro per share, with an acquisition of 7.7 per cent stake in the German firm. ...

Tata Steel board meet on April 17
MUMBAI: Tata Steel board will meet on April 17 to discuss plans for funding the $12 billion acquisition of Anglo-Dutch firm Corus Group ...

Educomp acquires stake in ThreeBrix
MUMBAI: : Educomp Solutions, an e-learning solutions provider, has acquired 76 per cent stake in ThreeBrix E-Services Pvt. Ltd. for Rs. 2.5 crore, Educomp Solutions informed the BSE. The partnership would leverage Educomp's content library for ...

Ordyn Technologies ties up for funding
BANGALORE: Ordyn Technologies Pvt. Ltd. (formerly known as Orion Tele Equipment Pvt. Ltd.) has tied up funding of Rs. 60 crore. Aureos Capital, a private equity firm that has invested Rs. 40 crore in the form of private equity, was the major ...

Fidelity offers International Opportunities Fund
MUMBAI: Fidelity Fund Management has announced its first international open-ended equity growth scheme, Fidelity International Opportunities Fund. The fund will invest 65 per cent in Indian equities and around 35 per cent in international ...

SANDS' low cost substation management system
CHENNAI: SANDS India has developed an integrated substation system, SCADA (supervisory control and data acquisition) and EMS (energy management system) and DMS (demand management system). According to a release, the system will be widely used in ...

CCS Infotech bags orders worth Rs. 1.45 crore
CHENNAI: : CCS Infotech Ltd., a city-based IT solutions provider, has received a Rs. 1 crore order from various city-based engineering colleges, a Rs. 38 lakh order from the Airport Authority of India, Chennai, and a Rs. 7 lakh order from BSNL ...

SREI benchmark rates up
CHENNAI: : SREI Infrastructure Finance has raised its benchmark rate by 150 basis points to 13 per cent with effect from April 1. The company's Asset Liability Committee decided to increase the benchmark lending rate in line with the trend in the ...

Workshop on packaging
CHENNAI: The Indo-Australian Chamber of Commerce, Chennai, is organising a workshop on `Packaging and forwarding for successful exports' on April 13 at Hotel Residency Towers. It will cover effective and eco-friendly packaging of various goods ...

Senior appointments
CHENNAI: The following senior appointments have been announced by the companies concerned: Ashish Chowdhary has been appointed Head of India and Nepal Subregion of Nokia Siemens Networks; R. Seshadri has taken over as Managing Director of ...




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