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Thursday, October 04, 2007
Shell to buy BPCL stake in Bharat Shell
NEW DELHI: Global oil major Royal Dutch Shell will buy Bharat Petroleum Corporation’s (BPCL) 49 per cent stake in lubricant marketing firm Bharat Shell Ltd. for Rs. 145.80 crore. ...
Reliance Power files draft prospectus
MUMBAI: Reliance Power, a part of the Anil Dhirubhai Ambani Group, proposes an IPO of 130 crore equity shares of Rs. 2 each for cash at a premium to be decided through the book building process. It has filed the draft red herring prospectus ...
Show-cause notices to drug makers
NEW DELHI: Drug price monitoring agency National Pharmaceutical Pricing Authority (NPPA) has issued notices to various drug makers for more than 60 medicines after the agency noted that their prices rose by over 20 per cent in a year. ...
Ranbaxy raises stake in Zenotech
NEW DELHI: Ranbaxy on Wednesday said it would raise its stake in the Hyderabad-based Zenotech to 45 per cent from the current seven per cent for Rs. 214 crore. ...
8 suitors take part in IFCI pre-bid meet
NEW DELHI: Eight suitors for picking up 26 per cent stake in Industrial Finance Corporation of India (IFCI), including three consortia, took part in a pre-bid meeting organised by IFCI here on ...
RComm launches colour handsets at Rs. 999
CHENNAI: Reliance Communications (RComm) on Wednesday announced the launch of its new feature-rich colour handsets. Addressing presspersons through a video conference, S. P. Shukla, President (Personal Business), Reliance Communications, said ...
Airtel’s Wi-Fi scheme at Rs. 99
CHENNAI: Airtel Broadband & Telephone Services has launched a Wi-Fi service for its customers in South India offering its Wi Fi Router at a monthly rental rate of Rs. 99. According to a release, the offer will give Airtel broadband ...
FINO ties up with Punjab National Bank
CHENNAI: Mumbai-based technology solutions provider Financial Information Network and Operations Pvt. Ltd. (FINO) has joined hands with Punjab National Bank (PNB) for the deployment of an end-to-end smart card solution targeted at the rural ...
Workshop on software productivity improvement
CHENNAI: The VIT University, along with the Computer Society of India Div. II on software, IEEE Computer Society, Madras Chapter and Software Process Improvement Network, Vellore Chapter, will organise a two-day workshop on software ...
New head for RSB Group’s southern operations
CHENNAI: RSB Group, an engineering and component manufacturing house, on Wednesday, announced the appointment of Saptendra Behera as Head, southern operations, RSB Group. He would be instrumental in helping develop business and operational ...
Anantara gets U.S. university authorisation
CHENNAI: Carnegie Mellon University’s Information technology services qualification centre has authorised Anantara Solutions Pvt. Ltd., which is into second generation outsourcing, to evaluate organisations that are adopting the ...
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