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Tuesday, September 26, 2006
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BUSINESS
Singapore to help India set up SEZs
Plans to boost bilateral economic cooperation

Caparo opens fasteners plant
Maruti and Hero Honda will be among the clients

Sensex extends losses
MUMBAI: Key indices on Monday extended their losses to the second straight day, ending lower in choppy trading marked by negative foreign institutional investment activity. The Bombay Stock Exchange benchmark Sensex ended down by 62.87 points ...

Hyundai launches Verna
The petrol variant is priced at over Rs. 6 lakh

Other Stories



Barometer


Briefly
UNCTAD places NCDEX at third position
NEW DELHI: The National Commodities and Derivatives Exchange (NCDEX) has been placed as the world's third largest agricultural exchange by the United Nations Conference on Trade and Development (UNCTAD). ...

Ranbaxy in pact with Gilead of U.S.
MUMBAI: Ranbaxy Laboratories on Monday said it had entered into a licensing agreement with U.S.-based Gilead Sciences for manufacturing and marketing of Active Pharmaceutical Ingredient (API) and formulations containing anti-HIV drug Tenofovir ...

Trading begins on new Singapore-based comex
SINGAPORE: The Singapore Exchange and the Chicago Board of Trade on Monday launched a derivatives market for Asian based commodities. The Joint Asian Derivatives Exchange (JADE) began trading with the TSR 20 Rubber Futures Contract, the new ...

DCB price band at Rs. 22-26
MUMBAI: Development Credit Bank (DCB), a private sector bank, promoted by the Switzerland-based Aga Khan Fund for Economic Development (AKFED), will hit the capital market on September 29 with an initial public offer of 7.15 crore shares of Rs. ...

Godrej Agrovet in pact with Malaysian firm
MUMBAI: Godrej Agrovet Limited has signed a memorandum of understanding with IJM Plantations Berhad, Malaysia, to outline a joint venture in palm oil business. The MoU provides the framework and establishes the areas of collaboration that include ...

BOBL launches tax saver deposit scheme
CHENNAI: Bharat Overseas Bank has launched a new tax saving deposit scheme, BOBL Tax Saver Deposit, providing tax benefit under Sec. 80C of the Income-tax Act, 1961. Individuals and Hindu Undivided Families can invest with a minimum amount of ...

Hanung Toys price band at Rs. 85-95
MUMBAI: Stuff toys and home furnishing manufacturing and exporting company Hanung Toys and Textiles' price band for the proposed initial public offer (IPO) has been fixed at Rs. 85-95 per share. The public issue of 95 lakh equity shares of Rs. ...

Max New York raises capital base
CHENNAI: Max New York Life has increased its capital base by Rs. 30 crore, taking it to Rs. 617 crore. Announcing this, Gary Bennett, Managing Director and CEO, Max New York Life, said the company had embarked on a major geographical expansion ...

Assumes charge as Consul of Senegal in Chennai
CHENNAI: Ashok R. Thakkar, Director of Viking Warehousing and other logistics companies, and President of the Hindustan Chamber of Commerce, has assumed charge as Honorary Consul of Senegal at Chennai, says a release. ...

New members on First Commodities' board
KOCHI: The fifth annual general meeting of the First Commodities Exchange of India was held in Kochi recently. A maiden dividend of ten per cent was approved for the financial year 2005-06. In the vacancy arising on the retirement of two ...

Pen Group to diversify
CHENNAI: Pen Books Private Limited is diversifying into the real estate sector and has formed Pen Properties. The first venture is coming up at Nedumbasserry near the Cochin International airport in a sixty acre plot. A retirement home for the ...

Tata AIG's full service branch at Kottayam
KOCHI: Tata AIG Life Insurance Company has announced the opening of a new full service branch at Nagampadam in Kottayam. Neetasha Joshi, zone business head, inaugurated the 83rd branch of Tata AIG, says a press release. ...

Buffalo Inc. of Japan expands its presence
KOCHI: Buffalo Inc, Japan, a global leader in the design, development and manufacture of storage, wired and wireless networking, multimedia and memory solutions, has announced its expansion plans for the Indian market with a national distribution ...

AirTel introduces Easy Prepaid bonanza
KOCHI: AirTel has announced the launch of `Easy Prepaid' offers for its prepaid customers in Kerala. Customers, depending on their usage pattern, can pick and choose offers that are as varied as SMS at just two paise to Airtel to Airtel calls at ...

SumTotal's new software platform
HYDERABAD: SumTotal Systems, a leading provider of talent, learning and business performance solutions, has launched a new version of its "ResultsonDemand" platform. The new software-as-a-service (SaaS) model that gives customers access to a ...

Virtusa's new global delivery operations head
HYDERABAD: Virtusa Corporation, a global provider of software development and IT services, has announced the promotion of Santanu Paul as head of Global Delivery Operations. Mr. Santanu has been working as the general manager of Virtusa's ...

ICSA bags CPDCL order
HYDERABAD: ICSA (India) Limited, a Hyderabad-based embedded technology and electrical infrastructure solutions provider, has bagged a project with an estimated cost of Rs. 67.5 crore from the Central Power Distribution Corporation of Andhra ...




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