Online edition of India's National Newspaper
Friday, February 24, 2006
55 oil exploration blocks offered for bidding
Ten coal bed methane blocks in six states to be awarded
Tata, Birla row in Idea stake
Birlas seek intervention of Telecom Ministry
TRAI issues changes in interconnect charges
Long distance call tariffs to come down
Idea Cellular's prompt response
NEW DELHI: Within hours of telecom regulator TRAI announcing new norms for the levy paid by operators to BSNL, private cellular operator Idea has offered free outgoing calls for the first two minutes for its pre-paid subscribers. ...
Deutsche Bank buys bad debts
NEW DELHI: Foraying into India's stressed asset business, Deutsche Bank on Thursday bought non-performing assets (NPAs) worth Rs. 75 crore from Asset Reconstruction Company of India. The bank acquired 100 per cent of the Security Receipts in ...
Jagson to buy 20 aircraft
NEW DELHI: Jagson Airlines on Thursday announced that it had firmed up plans to purchase 20 Airbus A-321 aircraft at an estimated value of $1.3 billion. Jagson Airlines will launch its domestic operations, covering nine cities by this year-end ...
PTL forays into healthcare
NEW DELHI: PTL Enterprises Ltd, a part of the Onkar S. Kanwar Group, on Thursday announced its foray into the healthcare sector with plans to set up a multi-speciality 500-bed hospital with an investment of Rs. 250 crore in Gurgaon through a ...
Corporation Bank to raise Tier-II capital
BANGALORE: Corporation Bank proposes to raise Tier-II capital of Rs. 500 crore through an issue of non-convertible subordinated debts in one or more tranches, the bank said in a statement here on Thursday. It also proposes to issue Long Term ...
HP enhances storage portfolio
BANGALORE: HP, a leader in the storage market, on Thursday introduced hardware, software and services enhancements to its storage works portfolio to enable customers consolidate their storage environments. The offerings provide customers with ...
Hikal signs agreement with German firm
MUMBAI: Hikal Ltd, manufacturer of pharmaceutical and agrochemical ingredients and intermediates, has signed an agreement with Degussa of Germany for supplying pharmaceutical intermediates and active pharma ingredients (APIs). A long-term ...
Sahara Mutual launches infrastructure fund
CHENNAI: Sahara Mutual Fund has announced the launch of Sahara Infrastructure Fund, an open-ended growth fund. The new fund offer (NFO) is open from February 15 to March 10The investment objective is to provide income distribution and medium to ...
Canbank MF declares 40 p.c. income distribution
TIRUCHI: Canbank Mutual Fund declared an income distribution of 40 per cent on units of the face of Rs. 10 in its CanEquity Tax Saver Scheme, an open-ended equity linked tax saving scheme. March 16 has been fixed as record date for the purpose ...
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