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Friday, April 14, 2006
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2-year deadline for cos. to fulfil public holding norms
SEBI directs exchanges to amend Cl. 40-A of listing agreement

Polaris certification centre for Belfast
Draws up a £ 10 million three-year business plan; to serve customers in Europe

Postal insurance funds likely to be invested in stock market
Department of Posts seeks level-playing field with private players

Maruti to buy Suzuki stake in MSAIL
The merger of subsidiary will be completed by September

Sensex drops 119 points in volatile trading
MUMBAI: The Bombay Stock Exchange benchmark index (Sensex) on Thursday declined further sharply by 119 points to close at 11,237.23, after touching an intra-day low of 11,008.43 on profit taking by foreign funds for the second session in a ...

Other Stories



Barometer


Briefly
Inflation drops to 3.51 p.c.
NEW DELHI: The inflation rate declined to 3.51 per cent for the week ended April 1 from 3.96 per cent in the previous week, despite increase in prices of food items, including vegetables, industrial fuel and manufactured ...

Jagson Airlines sells stake
NEW DELHI: Low cost carrier Jagson Airlines on Thursday said it had sold a little less than 15.99 per cent stake to a foreign investor and could go in for a public issue next year. ...

Jet's consultancy service to Sahara
NEW DELHI: Taking a step forward in its $500-million deal to snap up Air Sahara, Jet Airways on Thursday announced it had reached an understanding with the other airline to provide consultancy support to improve the latter's performance in ...

TRAI on use of special characters
NEW DELHI: The Telecom Regulatory Authority of India (TRAI) on Thursday favoured the use of special characters like star (*) and hash (#) within the service providers' network for value added services. ...

Orissa to cancel five MoUs for steel plants
BHUBANESWAR: The Orissa Government has decided to cancel the MoU signed with five different private sector companies which planned to set up steel plants in the State, as there had been no progress on the projects, official sources said. ...

Sharekhan receives funding
MUMBAI: Sharekhan, a leading online brokerage in India, on Wednesday announced the receipt of an investment from General Atlantic LLC (GA). GA is investing about Rs. 144 crore ($31million) through a combination of primary investment in the ...

Godrej Aadhaar ties up with Apollo Pharmacy
CHENNAI: Godrej Aadhaar, the rural services cum retail initiative of Godrej Agrovet has signed an agreement with Apollo Pharmacy, part of the Apollo Hospitals group, to offer medicine support across Godrej Aadhaar outlets in rural India. The ...

Shapoorji Pallonji's mass housing project
CHENNAI: Shapoorji Pallonji & Co. has announced its mass housing project for lower and middle-income group in Kolkata. The Rs. 1,500 crore project, coming up in Action Area-III, New Town Kolkata over 150 acres is scheduled to be completed by mid

K.M. Sugar Mills plans Rs. 200 crore expansion
CHENNAI: K. M. Sugar Mills has chalked out an expansion plan, involving an investment of Rs. 200 crore. The plan includes setting up of a new sugar unit with a capacity of 5,000 tonnes daily in Bihar along with a 15MW co-generation power project. ...

DRL gets USFDA final nod for Fexofenadine
HYDERABAD: Dr. Reddy's Laboratories has announced that it has received final approval from the USFDA for its Abbreviated New Drug Application (ANDA) for Fexofenadine hydrochloride tablets 30 mg, 60 mg and 180 mg. Fexofenadine hydrochloride is ...

Joy Ghosh to head HICC marketing
HYDERABAD: Joy Ghosh has been appointed as Director of Sales and Marketing for Novotel, Hyderabad, and the Hyderabad International Convention Centre (HICC). Mr. Joy, who worked for a Japanese trading company before joining the hospitality ...

DSCL offers eco-friendly door, window systems
HYDERABAD: DCM Shriram Consolidated Ltd. (DSCL) has announced the launch of a complete range of environment friendly UPVC windows and door systems, under its Fenesta Building Systems business division, in Hyderabad. The DSCL has set up a new ...

SpiceJet's Delhi-Hyderabad-Chennai flight
NEW DELHI: SpiceJet on Thursday announced a second daily flight between Hyderabad, Delhi and Chennai beginning May 10. The flight will leave Delhi at 4 p.m. and arrive at Chennai at 7.45 p.m. The bookings for the flight were declared open from ...

Cottons by Century in Kochi
KOCHI: Mens wear brand Cottons by Century has opened its second store in Kochi. It is located at Bay Pride Mall at Marine Drive. In addition to apparels, the store offers trendy accessories, says a ...

Open house on foreign trade policy
KOCHI: Indian Chamber of Commerce & Industry (ICCI) is organising an open house on foreign trade policy and procedures on April 20 in Kochi. K. T. Chacko, Director-General of Foreign Trade, will be the chief guest. For registration, contact the

Assyst joins hands with IIE
KOCHI: Assyst International Private Ltd., a software development company based in Kochi, has joined hands with the Institute of International Education to automate its scholarship programmes. IIE is a U.S. based non-profit organisation that ...

Sadhana 2006 at SoS children's village
KOCHI: ICFAI National College, Aluva, has organised an interactive seminar on choosing a successful career at SoS children's village at Choondy at the conclusion of Sadhana 2006, says a ...




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