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Wednesday, December 01, 2004
Sensex at all time closing high
MUMBAI, NOV. 30. Recording its best closing high ever, the Bombay Stock Exchange 30-share sensitive index (Sensex) gained 76.52 points today from its previous close of 6234.29 with frontline stocks recording strong gains. However, the midcap ...
Telecom authority's bid to improve mobile services
NEW DELHI, NOV. 30.The Telecom Regulatory Authority of India (TRAI) has started engaging mobile phone companies on a one-to-one basis to persuade them to improve their services. Several companies have not expanded their network and related ...
Cholamandalam MS partners WIAA
MUMBAI, NOV. 30. Cholamandalam MS General Insurance (Chola-MS) today entered into a partnership with Western Indian Automobile Association (WIAA), the largest automobile association in Southeast Asia, for providing motor insurance. The WIAA ...
Emerging phase in retail banking
BANGALORE, NOV. 30.They don't want their customers to be physically present in their branches. This is the message from senior officers of successful private banks such as Citibank to those who followed and brought in some innovations in the ...
Consumer index up
SHIMLA, NOV. 30. An increase in prices of whole wheat, vegetables and fruits pushed up the all India Consumer Price Index for Industrial Workers (CPI-IW) for October by 3 points to 526. The index during October last year had increased by 4 ...
Gold output up 16 per cent
NEW DELHI, NOV. 30. Gold production increased by 16 per cent to 5,752 kg during the first seven months this fiscal from 4,942.37 kg in April-October 2003. Out of this, Hutti Gold Mines produced 2,213 kg while Hindalco Industries produced 3,539 ...
Saama Tech's plans
NEW DELHI, NOV. 30. The U.S.-based technology services firm, Saama Technologies Inc., today said it would increase India headcount to 250 people by next year and invest $5 millions for expanding operations in the country. The Company today ...
1:1 bonus from Impal
CHENNAI: India Motor Parts & Accessories will be capitalising reserves and issuing bonus shares in the ratio of one share for every equity share held. The company has convened an extraordinary general meeting on January 31 to obtain the approval ...
Durga Bearings' expansion plans
CHENNAI: Durga Bearings Pvt. Ltd. has drawn up a Rs. 5 crore expansion plan. It will set up a 30,000 sq. ft. warehousing facility here. As part of the plan, it has already established full-fledged offices in Mumbai, Pune, Bangalore and ...
Syndicate Bank revises term deposit rates
CHENNAI: Syndicate Bank has revised upwards interest rates on domestic term deposits ranging from 25 basis points to 50 basis points for different maturity periods. For deposits of one year and above but less than three years, the interest rate ...
Award for Zydus Cadila chief
CHENNAI: The Chairman and Managing Director of Zydus Cadila, Pankaj R. Patel, has been awarded the `Best Pharma Man of the year 2003' by the Foundation of Indian Industry and Economists (FIIE), says a company release. The award is in recognition ...
CWC pays dividend
NEW DELHI: The Central Warehousing Corporation on Tuesday paid Rs. 2.25 crores as dividend for 2003-04. The union Agriculture and Consumer Affairs Minister, Sharad Pawar, received the dividend cheque from CWC Managing Director, N. K. Choubey, an ...
D1 Oils, Nandan Biomatrix join hands
HYDERABAD: Bio diesel major D1 Oils of the U.K. and the Hyderabad-based Nandan Biomatrix Limited have entered into an agreement for establishing research and development centre for Jatropha seedlings and also to set up a seed bank for bio diesel ...
aRigen, Matrix sign pact
HYDERABAD: aRigen Inc. announced the signing of a drug discovery research collaboration agreement with the Hyderabad-based Matrix Laboratories. N. Prasad, Chairman and Chief Executive Officer of Matrix Laboratories, and G. Tokoro, President and ...
Syndicate Bank revises term deposit rates
MANGALORE: Syndicate Bank has revised interest rates on domestic term deposits upward ranging from 25 basis points to 50 basis points for different maturity periods. The new rates will take effect from December 1, says a bank release. Deposits ...
VTU adopts AudioVisual Integration
BANGALORE: Genesis IT Innovations, has successfully implemented audiovisual integration solutions at Visvesvaraya Technology University (VTU) in Belgaum for its communication requirements with affiliate colleges. Genesis provided complete ...
Bobcards to open area office
KOCHI: Bobcards, a wholly-owned subsidiary of Bank of Baroda, is to open its 35th area office at Ernakulam. It will be located at the main branch on M. G. Road, says a release.
Eurokids opens school
KOCHI: Eurokids has opened its first playschool in Kerala. At a function held at the YWCA, Geetha Varkey, head of operations, explained the details of the school. Anela Mary Mathew, President, YWCA, lit a lamp to mark the inauguration. Amt Singh, ...
Bajaj Allianz's third satellite branch
KOZHIKODE: Bajaj Allianz, the life insurance company, has inaugurated its satellite branch at Kalpetta in Wayanad district. It is the third satellite branch of the company in its Calicut division. Shreyamskumar, Director, Mathrubhumi group of ...
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