Online edition of India's National Newspaper
Thursday, March 09, 2006
Online edition of India's National Newspaper Thursday, March 09, 2006 |
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Ties with India set for a leap, says HowardEmbracing globalisation will strengthen competitiveness 
Sensex nosedives on FII sellingMUMBAI: The stock market went into a downward tailspin on Wednesday, with the benchmark index alone losing a huge 217 points to end at 10,508.85, on across-the-board selling by investors, fuelled by massive FII pull out from futures in the ... 
Honda Motor to invest Rs. 400 cr.Unveils 125-cc bike Shine; plans to launch in phases 
Rupee tumbles by 13 paiseMUMBAI: The rupee on Wednesday fell further by 13 paise against the U.S. dollar due to heavy dollar demand, mainly by banks, along with a steep rally witnessed by the U.S. currency against the euro. In active trading at the interbank foreign ... Portability of mobile number in a year TRAI recommends one-time payment of Rs. 200 Other Stories
Barometer Briefly Jet-Sahara deal under MRTPC scrutiny NEW DELHI: The takeover of Air Sahara by Jet Airways for Rs. 2,300 crore early this year has come under the scrutiny of the Monopolies and Restrictive Trade Practices Commisson. When contacted, sources in the commission said that a notice could ... Temasek buys stake in Tata Teleservices MUMBAI: The Tata Group sold 9.9 per cent equity in its privately held company Tata Teleservices to Temasek Holding of Singapore. When contacted, a Tata spokesperson confirmed the deal, reports ... Jindal Drilling signs $171 m agreement MUMBAI: Jindal Drilling and Industries on Wednesday said it had signed a $171 million contract with Discovery Hydrocarbons Pvt. Ltd. for construction of an offshore drilling rig. ... Macmillan India acquires U.S. firm NEW DELHI: Macmillan India announced the acquisition of 100 per cent shares of Interactive Composition Corp (ICC), a company based in the ... Nokia appoints new country GM NEW DELHI: Nokia announced on Wednesday the appointment of D. Shivakumar as Vice President and country general manager for India with effect from May 1. He will replace Sanjeev Sharma, who would be moving to Singapore. ... ESIC settles cases COIMBATORE: The Employees State Insurance Corporation (ESIC) office here has settled many of the 30 cases it received during the Special Service Fortnight that commenced on February 24. According to a release from U. Rajendran, Assistant ... Pump makers seek time COIMBATORE: The Tamil Nadu Pumps and Spares Manufacturers' Association has appealed to the Central Government to allow six months time with regard to withdrawal of SSI exemptions for those without a BIS licence. In a memorandum to the Union ... Seminar on ways to achieve textile export target CHENNAI: A day-long seminar seeking to chalk out strategies for the textile and clothing industry to achieve its ambitious target of $40 billion export by 2010 is to be held here on Thursday. Apart from policy makers and industry leaders, ... Gallantt Metal to enter capital market CHENNAI: Gallantt Metal will hit the primary market with an issue of 3.71 crore equity shares of Rs. 10 each at par to part finance its Rs. 190.82 crore vertically-integrated Greenfield steel plant in Gujarat. The issue is open from March 6 to ... Tata Steel raises $500 m KOLKATA: Tata Steel on Tuesday signed an external commercial borrowing agreement of $500 million in Singapore for funding its growth projects and acquisitions. The syndicated term loan facility was for $400 million (or its equivalent in Japanese ... JM Mutual introduces HiFi Fund CHENNAI: JM Financial Mutual Fund has announced the launch of its `JM HiFi Fund', an open-ended equity scheme that will invest in equities and equity-oriented securities of companies in housing, infrastructure and financial services sectors. ... Softgel capsules to enter overseas markets CHENNAI: Softgel Healthcare has announced that its new state-of-the-art pharmaceutical plant at Vandalur-Kelambakkam Road will manufacture softgel capsules for overseas customers. Pharma majors from the U.K., the U.S, Canada, Singapore, ... New product from Federal Bank KOCHI: Federal Bank has launched a new product called Fedjeevan for its recurring deposit customers in association with Life Insurance Corporation of India. Customers will be entitled to insurance cover equal to the maturity value of the ... Diploma programme in dispute resolution KOCHI: The Indian Institute of Arbitration and Mediation has entered into a collaboration with the Dispute Resolution Institute at Hamline University of Law and is to offer a U.S. diploma programme in dispute resolution at Kochi from May 8 to ... Safety award for HLL KOCHI: Hindustan Lever Ltd (HLL), Aroor factory, has received the safety award 2006 in the category of `Other than engineering and chemical industries" declared by the National Safety Council, Kerala chapter. Sageev Sagar, unit manager of HLL, ... Bankers Club office-bearers KOCHI: V. C. George of Union Bank of India has been elected President of the Bankers Club of Kochi. The other office-bearers are: P. T. Joseph of SIB, Vice-President; Suresh M. Nair of SBT, Secretary; P. V. Jayakumar of Canara Bank, Joint ... Apple A Day Properties gets ISO certification KOCHI: Branded home builders, Apple A Day Properties, has got ISO certification. The builders are expecting a turnover of Rs. 100 crore this financial year and is in the process of opening a corporate office at Palarivattom, says a ... Sanyo launches range of CTVs KOCHI: Sanyo has introduced the slim CRT Vizzon `redefining' conventional flat television. The Kochi showroom price is Rs. 28,990, according to a ... Family Saver offer from IA KOCHI: Indian Airlines and Singapore Tourism Board are offering a value-for-money vacation trip to Singapore for families in the approaching summer. The Singapore family saver scheme offers two free tickets to accompanying passengers on purchase ... Office bearers KOCHI: Reji A. George has been elected Chairman of the Ernakulam branch of the Southern India Chartered Accountants Students Association for 2006-07. Paul Thomas is Vice-Chairman, Sudheesh Sharma, General Secretary, and Ebin P. John, Treasurer, ... Other Stories
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