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Friday, November 24, 2006
Sany group to invest $70 m in Pune
The $1 b group produces 110 types of machinery; signs MoU with Maharashtra Government
ICICI OneSource is now Firstsource
To come out with initial public offering
SEBI proposes new norms for delisting cos.
Regulator seeks public comments by December 14
HDFC allowed to open new demat accounts
MUMBAI: The Securities and Exchange Board of India on Thursday allowed HDFC Bank, one of the eight depository participants (DPs) in the IPO scam, to open new demat accounts but maintained that the bank did not exercise due ...
Tata bid for Corus: EU sets deadline
BRUSSELS: EU regulators on Thursday set January 3 deadline to rule on Tata Steel's 4.3 billion pound ($7.7 billion) bid for Britain's Corus Group, just days after CSN made another higher offer. ...
CLSA buys more in ICICI Bank
MUMBAI: Foreign fund house CLSA on Thursday acquired an additional 1.03 per cent stake in ICICI Bank for about Rs. 816.43 crore through open market transactions. ...
SBI online trading platform
MUMBAI: State Bank of India on Thursday launched an online trading platform in association with Motilal Oswal Securities Ltd.
Bayer sells HC Starck unit for $1.6 b
GERMANY: The German chemicals and pharmaceuticals giant, Bayer, said on Thursday that it had agreed to sell its metals subsidiary HC Starck to private equity firms Advent and Carlyle for about $1.6 billion. ...
Siemens to sell subsidiary to its JV with Nokia
MUMBAI: Power and automation major Siemens will sell its subsidiary Public Communication Networks Pvt. Ltd. to Nokia Siemens Networks India Pvt. Ltd., a 50:50 joint venture between Nokia and Siemens. The company would divest 124.25 lakh equity ...
Hindustan Zinc to invest Rs. 1,177 cr.
MUMBAI: Hindustan Zinc is going to set up three new projects pegged at Rs. 1,177 crore to consolidate its position in the metal production business as well as to foray into the emerging wind power generation business. In a communique to the ...
Caninfrastructure pays 20 p.c. dividend
TIRUCHI: Canbank Mutual Fund has declared a maiden dividend of 20 per cent in its Caninfrastructure Scheme, which was launched in December last year. A press release from Canbank Investment Management Services issued here on Thursday said that ...
CDMA subscriber base exceeds 40 million
NEW DELHI: The CDMA Development Group has announced that CDMA2000 operators in India have added another record breaking 2.05 million net subscribers for October. This brings the total number of CDMA wireless subscribers in India to 40.5 million. ...
RCOM to offer video conference facility
KOLKATA: Reliance Communications plans to make a major foray into managed video conference solutions for corporates offering the facility to its clients who now use its 245 Reliance World outlets at 105 cities for holding video conferences. A ...
Xenos launches tyre pressure monitoring system
KOCHI: : Xenos Technologies, part of Pricol group, has announced the launch of tyre pressure monitoring system (TPMS), suitable for passenger cars, sports utility vehicles and light multipurpose vehicles. It consisted of two units, the sensor and ...
Kotak Life launches `Headstart' scheme
KOCHI: : Kotak Mahindra Old Mutual Life Insurance Ltd. has launched ` Headstart' child plans. It was specially tailored for children and offered the dual benefit of investment-cum-insurance linked plans that aimed at giving children the financial ...
Tanishq launches `Fashion earring' collection
KOCHI: : Tanishq has launched its `Fashion earring' collection, a range of over 300 exclusive earrings inspired by Jhumkas or Karnaphools and the trendy Chandelier and Stiletto designs, according to a press release. The collection is priced from ...
Kott Software plans expansion
KOCHI: : City-based Kott Software, a software development company, is on the lookout for a new team for its clients based in the U.S. The company was into niche business application solutions and had earned the ISO 9001:2000 certification, ...
Paico opens `Baby World'
KOCHI: : `Paico Baby World ,' a new section for infants, has been opened at Paico's M.G. Road showroom here. Baby products ranging from soft cotton nappies to feeding bottles were available, a press release said. ...
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