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Wednesday, January 04, 2006
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Sensex hits 9500-mark
Reliance counter witnesses 99 block deals in BSE and NSE

CII favours cut in peak customs duty
All duty rates above the peak rate should be reviewed

SAFTA will enhance regional trade
NEW DELHI: Strengthening of infrastructure and tariff reduction within a time frame can result in trade among SAARC countries growing to $14 billion by 2010 from $7 billion. Asserting this, the Federation of Indian Chambers of Commerce and ...

Air-India awaiting advisor's report to finalise IPO plans
Mid-air food festival launched on the Mumbai-London sector

Increase tax-GDP ratio to 15 p. c. : Assocham
Subsidies are a total drain on government expenditure

Other Stories



Barometer


Briefly
ECB access for multi-State coops.
NEW DELHI: The Union Government has decided to permit multi State co-operative societies engaged in manufacturing activities in the real sector with financial solvency and up-to-date audited balance sheet to access external commercial borrowing ...

Tea Board appoints IIM(C)
KOKLATA: The Tea Board has appointed the Indian Institute of Management (Calcutta) as a consultant for developing a model on the consumption pattern of the beverage in the country, its chairman Basudeb Banerjee said. ...

Tata Motors officials meet WB CM
KOLKATA: The West Bengal Government has allotted land to Tata Motors for setting up a manufacturing plant in the State, Chief Minister Buddhadev Bhattacharjee said on Tuesday. At the instance of the Chief Minister, Tata Sons Chairman Ratan Tata ...

UTI Mutual Fund to launch new fund
MUMBAI: UTI Mutual Fund will launch a new equity oriented open-ended scheme `UTI Leadership Equity Fund' on January 9. The fund offer will close on January 30 and will re-open for purchase and redemption from Feb. 28. ...

BSE broker suspended
MUMBAI: SEBI has suspended Pawan J. Chaudhary, a Member of BSE, for 30 days as he was found to have failed to collect initial margins from clients trading in shares of Vision Technology whose price shot up from Rs. 4 to Rs. 650 during December ...

Covansys launches concept centre
BANGALORE: Covansys in partnership with IBM on Tuesday launched the Convansys concept centre for WebSphere DataStage to strengthen its offerings in the business intelligence practice with respect to "Real-Time Information Integration'' ...

Hummingbird partners HCL Tech
CHENNAI: Hummindbird, a global provider of integrated enterprise content management and network connectivity solutions, announced on Tuesday that it is partnering Enterprise Content Management and Portals (ECMP) group at HCL ...

Chola MS launches Jeweller's Block
CHENNAI: Cholamandalam MS General Insurance (Chola MS) has announced the launch of Jeweller's Block, an exclusive product to provide comprehensive risk coverage for the gems and jewellery trading industry. It is a package insurance providing ...

Three banks launch `no-frills' account
CHENNAI: Tamilnad Mercantile Bank (TMB), Indian Overseas Bank (IOB) and Syndicate Bank have announced the launch of `no frills' savings bank account scheme. The scheme will enable individuals to open a savings bank account with an initial deposit ...

Bajaj Capital opens branch in Mangalore
MANGALORE: Bajaj Capital opened its first branch in Mangalore on Tuesday. It is the 106th branch in India. The branch will offer services such as investment planning, retirement planning, tax planning, insurance planning and future funds ...

Greek bank selects i-flex solution
BANGALORE: Alpha Bank, the second largest bank in Greece, has selected i-flex solutions' `flexcube' for its consumer lending operations and loan syndications. Alpha Bank has more than 450 branches across Greece, the Balkans and Western Europe. ...

Orchid gets USFDA approval for Cefprozil
CHENNAI: The Chennai-based pharma major, Orchid Chemicals announced on Tuesday that it has received the formal approval from the USFDA for its ANDA (abbreviated new drug application) for Cefprozil for Oral Suspension USP, 125 mg/5 ml and 250 mg/5 ...

New MD for BHPV, Visakhapatnam
CHENNAI: Om Prakash, Unit General Manager of HMT, Tractor division, Pinjore, has been appointed as Managing Director of BHPV, Visakhapatnam, a government of India enterprise, under the Ministry of Heavy Industry and Public Enterprises. ...




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