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    China, India to drive container growth
    KOCHI, FEB. 16. China and India would be the countries to look forward to which would be driving the growth in international container traffic in the world in the next decade, said Sultan Ahmed Bin Sulayem, Executive Chairman of Ports, Customs ...

    Hyundai to build second plant in Chennai
    CHENNAI, FEB. 16. Hyundai Motor Company said on Wednesday that it would build a second automobile plant in India to meet the growing demand and aimed to use the country as a regional export hub. Hyundai Motor Chairman Chung Mong-koo revealed ...

    IA to lease 12 wide body aircraft
    MUMBAI, FEB. 16.The board of directors of Indian Airlines has approved dry leasing of 12 wide body aircraft as also the tender specifications. (Dry lease means that an operator leases an aircraft to another carrier providing just the airplane). ...

    Securities tribunal favours Advance Ruling Authority
    MUMBAI, FEB. 16. The Securities Appellate Tribunal (SAT) recommended to set up an Advanced Ruling Authority with the Securities and Exchange Board of India (SEBI), to be put in place to determine questions of law or fact with regard to any ...

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    Barometer


    Briefly
    HLL to transfer Sewri unit
    MUMBAI, FEB. 16.The board of Hindustan Lever Ltd. has approved that Bon, a wholly owned subsidiary of HLL, will be the transferee company to acquire HLL's Sewri undertaking, engaged in the manufacture of soap and soap intermediates, as a going ...

    Tata Motors to deploy CRM suite
    MUMBAI, FEB. 16. Tata Motors would deploy Siebel Systems Inc's customer relations management (CRM) suite across its 250 dealers network this year. ``The Siebel CRM solution `Siebel Automotive' would enable Tata Motors to gather feedback on ...

    Coca-Cola India's marketing head
    NEW DELHI, FEB. 16.Coca-Cola India today announced the appointment of Vikas Gupta as Vice President (Marketing) for India Division, which also includes Sri Lanka, Bangladesh, Nepal and Maldives. Mr Gupta, who joined Coca-Cola India marketing ...

    Cognizant solution for U.S. bank
    CHENNAI: Cognizant Technology Solutions has announced that it will be delivering a full range of IT services to the U.S.-based loans and mortgage lenders, IndyMac Bank, F.S.B., the principal subsidiary of IndyMac Bancorp Inc. IndyMac is using ...

    Federal Bank expands Chennai regional office
    CHENNAI: Federal Bank has renovated and expanded its Chennai regional office. P. R. Sankaranarayanan, Executive Director (who is the present officiating CEO of the bank), and S. Santhanakrishnan, Director, presided over the function. The region ...

    IOB offers loan for Jet IPO
    CHENNAI: Indian Overseas Bank is offering advance to investors for applying for shares of Jet Airways initial public issue in select branches. The loan is given for 50 per cent of the bid amount, up to a maximum of Rs. 10 lakhs at competitive ...

    Birla Sun premium revenue up
    BHOPAL: Birla Sun Life Insurance's (BSLI) premium revenue for the first ten months of the financial year has spurted to Rs. 587.3 crores. "The new business premium income, annualised with 10 per cent credit for single premium, has touched Rs. ...

    TVSE bags Punjab Government order
    CHENNAI: TVS-E, manufacturer of computer peripheral, has bagged a Rs. 7 crore order from the Department of School Education, Government of Punjab. According to a release, the order is for the supply and installation of its LanUPS. The supply and ...

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