Online edition of India's National Newspaper
Friday, April 20, 2007
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Online edition of India's National Newspaper Friday, April 20, 2007 ePaper |
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News Update
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BUSINESS
Barometer Briefly Tata Chemicals wins tax case in CESTAT MUMBAI: In a major relief to Tata Chemicals, the Customs Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a duty-cum-fine of Rs. 557 crore imposed on the company by the excise department. ... Banks increase service charges MUMBAI: ICICI Bank and UTI Bank have begun increasing by as much as 50 per cent the charges for services like ATM cash withdrawal and cheque returns if customers fail to maintain a minimum balance of Rs. 5,000 in their accounts. "The revision is ... JPMorgan India opens first fund MUMBAI: JPMorgan Asset Management India Pvt. Ltd. on Thursday launched its first fund — JPMorgan India Equity Fund — an open-ended diversified equity scheme. The scheme would remain open for subscription till May ... MCX signs MoU with AFET CHENNAI: The Multi Commodity Exchange of India (MCX) and the Agricultural Futures Exchange of Thailand (AFET) on Thursday signed a memorandum of understanding to explore areas of cooperation and business ... Schenker expands India operations BANGALORE: : Schenker India, part of the global logistics major, has projected a turnover equal to euro 130 million from its operations here this year. Christian Nebel, Managing Director for India operations, told reporters after opening the ... Munoth Financial launches research division CHENNAI: Munoth Financial Services Ltd. (MFSL), a capital market intermediary, has launched an in-house research division and also updated its website to make it user-friendly. Jaswant Munoth, Managing Director, said the research division was ... HMT, subsidiaries turnover at Rs. 611 crore BANGALORE: : Hindustan Machine Tools Ltd. (HMT) and its subsidiaries recorded an aggregate turnover of Rs. 611 crore in 2006-07, a growth of 6 per cent over the previous fiscal, a company release says. The total revenues of the HMT group ... Alcan to open office in Mumbai PARIS: : The Alcan International Network (AIN) announced on Wednesday that it would open a new commercial office in Mumbai to support Alcan's growing opportunities in India. The office will be named Alcan India Pvt. Ltd. The office will be ... Emaar, MGF take stake in Singapore co. CHENNAI: : Dubai-based Emaar Properties PJSC and real estate developers MGF group of New Delhi have announced that they have successfully acquired a majority stake in Singapore-based RSH Ltd. (RSH) through their joint venture company, Golden Ace ... Preity Zinta is GoAir's brand ambassador CHENNAI: : GoAir has appointed Bollywood actress Preity Zinta as its brand ambassador. GoAir's Managing Director, Jeh Wadia said in a release, "Preity has a similar essence which is in line with GoAir's image and her endorsement will help in ... Read Today's supplements: Friday Review | Young World | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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