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Dated laws, high tax impede automobile growth, says Khattar
NEW DELHI, SEPT. 1. The President of the Society of Indian Automobile Manufacturers (SIAM) and Maruti Udyog Managing Director, Jagdish Khattar, today hit out at the Government saying that antiquated laws, poor infrastructure and high tax regimes ...
Mukesh Ambani wants auto industry to leverage IT
NEW DELHI, SEPT. 1. The Chairman of Reliance Industries, Mukesh Ambani, today complimented automakers for scripting the success story and asked them to tap the potential unleashed by an estimated demand of about 1.3 billion vehicles by ...
Indian Iron to merge with SAIL
KOLKATA, SEPT. 1. The sick, more than a century-old Indian Iron and Steel Company (IISCO) in West Bengal, is to be merged with the Steel Authority of India Ltd (SAIL), the Union Minister for Steel, Fertilizer and Chemicals, Ram Vilas Paswan, said ...
Textiles, tea and coffee packages on anvil
NEW DELHI, SEPT. 1. The Central Government plans to come out with special packages for boosting exports in the textiles, tea and coffee industries as a follow up to the first ever foreign trade policy. According to the Commerce and Industry ...
Other Stories
Rupee gains further
Stock specific activity on BSE
Action plan to protect investors
Tata Motors hopes to increase exports
Mangalore Exchange derecognised
IISCO results beat BIFR projections
Helios' new acquisition
Raymond's Silver Spark starts work
Maruti sales up
Barometer
Exchange rates
Bullion rates
Briefly
LIC housing raises $30 million
MUMBAI, SEPT. 1. LIC Housing Finance has raised about $30 million through the issue of global depository receipts. The issue, which opened for subscription on August 27, was oversubscribed about 1.5 times, an LIC Housing official said here today. ...
IOC ties up with Mitsui
NEW DELHI, SEPT. 1. Indian Oil Corporation will revive a two-year-old term contract with Nigeria to buy two million tonnes crude and would swap the entire quantity against Bonny Light and Forcados grades oil. IOC Chairman and Managing Director, ...
Rico Auto's investment plans
NEW DELHI, SEPT. 1. Auto component maker Rico Auto Industries today said it would invest Rs. 70 crores in its two plants in Haryana and $3-4 million (about Rs. 18 crores) in Thailand and Bangalore units. "The Rs. 70 crore investment in the ...
Chamber welcomes foreign trade policy
COIMBATORE: The Coimbatore chapter of the Indian Chamber of Commerce and Industry has welcomed the Foreign Trade Policy 2004-09. It is a "road map for development of India's foreign trade", the Chamber president, A. Sakthivel, has said. The ...
Policy is comprehensive
COIMBATORE: The Chairman of the Confederation of Indian Industry, Coimbatore Zone, N. Krishna Samaraj, has said that the new Foreign Trade Policy announced by the Union Minister for Commerce and Industry, Kamal Nath, on Tuesday was ...
Loan camp
COIMBATORE: The Tamilnad Mercantile Bank Ltd. will conduct a loan mela here on September 5. A release from the bank said that the camp would be held at its branch on Dr. Nanjappa Road and would be offered for education, housing, vehicle and ...
Aspire to expand
CHENNAI: Aspire Systems will invest Rs. 40 crores in its new facility to accommodate 1,200 people. The facility will come up in three phases and have a built-up area of 120,000 sq. ft. The company was among the fast-growing outsourced product ...
Blue Star partners Hitachi Life Science
CHENNAI: The electronics division of Blue Star has been appointed as the exclusive dealer for distributing Hitachi's Life Science Products, including atomic absorption spectrophotometers, centrifuges, UV/VIS spectrophotometers, high performance ...
Other Stories
Samsung pact with Synopsys
HPCL bags two awards
Allahabad Bank to open more branches
Orient Networks strengthens team
U.S. honour for NIIT arm
LIC's Ernakulam division gets top position
Satyam centre in Australia
Indiabulls sets price band at Rs. 16-19
Tata Tele launches services in Anantapur
New Chairman for Nalco
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