Online edition of India's National Newspaper
Wednesday, April 18, 2007
ePaper
Online edition of India's National Newspaper Wednesday, April 18, 2007 ePaper |
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Barometer Briefly No ban on expanding futures list NEW DELHI: The Forward Markets Commission (FMC) is not considering a ban on any new commodity from futures trading following a dip in the inflation rate to below six per cent, Commission Chairman S. Sudareshan said after meeting Finance Minister ... RBI extends rupee export credit rate MUMBAI: Exporters will continue to get rupee credit up to the benchmark prime lending rate minus 2.5 per cent per annum for another six month till October 31, the Reserve Bank of India announced. ... Volvo to buy road business MUMBAI: Swedish automaker Volvo's wholly owned subsidiary in India will buy the road development business of Ingersoll Rand for an aggregate consideration of not less than Rs. 231.82 crore. ... Goldman Sachs ups stake in Indiabulls MUMBAI: Joining the beeline of global financial majors who have recently bought shares in Indiabulls Financial, investment bank Goldman Sachs has raised its stake in the domestic brokerage firm to over 5 per cent by buying 3.76 lakh shares. ... Areva waives minimum acceptance PARIS: French nuclear engineering group Areva said on Tuesday it had waived the minimum acceptance level in its bid for German wind turbine maker Repower. ... HCL Tech Q3 net income up 72 p.c. NEW DELHI: HCL Technologies reported a robust 40.6 per cent growth in revenues at Rs. 1,577 crore for the third quarter ended March 31, 2007. Net income rose by 72 per cent to Rs. 331.80 crore on a year-on-year basis. The quarter marked an ... L&T to set up joint venture with Mitsubishi CHENNAI: : Larsen & Toubro (L&T) and Mitsubishi Heavy Industries (MHI) have inked a joint venture agreement for setting up a manufacturing facility for super-critical boilers. This follows a technology transfer and licence agreement signed .. DRL to participate in USP verification programme HYDERABAD: Dr. Reddy's Laboratories has signed as the first participant of the United States Pharmacopoeia's (USP) pharmaceutical ingredient verification programme. As part of the programme, Dr. Reddy's would submit its ingredients for ... Perot Systems opens new centres CHENNAI: Perot Systems Corporation of the U.S. has opened its new facility in Coimbatore with 250 professionals. It has also set up a unit in the Philippines with 75 people. The Coimbatore facility would hire over 500 people by the end of the ... Senior appointments CHENNAI: The following senior appointments have been announced by the companies concerned: Novell has appointed Naresh Shah as Managing Director of its India Development Centre in Bangalore, concurrently with his current responsibilities as Vice ... 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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