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Saturday, February 19, 2005
PNB public offer to open on March 7
NEW DELHI, FEB. 18. Punjab National Bank today announced that it would hit the market on March 7-11 with its second public offer of eight crore equity shares to raise about Rs. 3,000 crores. "The public offer of eight crore equity shares of ...
Maran invites global telecom units
NEW DELHI, FEB. 18.The Minister for Communications and Information Technology, Dayanidhi Maran, has invited telecom manufacturers the world over to look towards India as an attractive destination for setting up their manufacturing bases in the ...
India, EU to address issues
NEW DELHI, FEB. 18. India and the European Union (EU) are to jointly address telecom issues pertaining to security, inter-operability, content and roaming in the next Joint Working Group (JWG) meeting to be held in May this year. A decision to ...
Think big and bold, says Ratan Tata
CHENNAI, FEB. 18. India Incorporated needs to shore up its ability to ramp up production and volume quickly if it has to grab the opportunities coming in its way in the wake of global hunger for moving manufacturing bases to cost effective ...
COIMBATORE: State Bank of Travancore has opened an ATM at 96, NSR Road, Saibaba Colony. This can be used for ATM debit cards of SBI group banks.
IDBI Bank's tax payment facility
CHENNAI: IDBI Bank has launched online direct tax payment facility for its customers. This will help individuals and corporate taxpayers make payments for income tax, corporation tax, gift tax, TDS and the like. Launching this facility here on ...
Bombardier Transportation's fresh plans
CHENNAI: Bombardier Transportation of India has unveiled its plans for India at the Indian Railway Exhibition. The company launched electric propulsion systems for rail vehicles based on IGBT technology. The new technology benefits operators ...
Kwick's 3D graphics solutions
CHENNAI: Kwick Soft Solutions Private Limited has launched Kwick Visim, a comprehensive suite of virtual reality services, solutions and applications powered by indigenously developed 3D graphics rendering engine. The Kwich3D engine is an object ...
Kamadgiri launches ayurvedic products
CHENNAI: Kamadgiri Industries has entered the field of ayurveda and launched ayurvedic products in the name of `Green Valley Ayurveda.' According to the company the products were made out of pure herbal. A launch was held here recently and was ...
Inflation drops to 5.01 p.c.
NEW DELHI, FEB. 18. For the tenth successive week, the annual rate of inflation, as measured by the wholesale price index (WPI), continued its downward march to touch a low of 5.01 per cent for the week ended February 5, mainly due to lower ...
Fidelity gets SEBI nod
NEW DELHI, FEB. 18.The world's largest fund house Fidelity, which manages assets worth $1.2 trillion, has got SEBI approval for launching mutual funds in India. Fidelity has an investor base of 20 million worldwide, a company release said. ...
Pantaloon's new foray
MUMBAI, FEB. 18.Pantaloon Retail (India) has announced that it is taking a stake in Galaxy Entertainment by subscribing to 20 lakh equity shares of Rs. 10 each at a premium of Rs. 34 per share to acquire 15.73 per cent equity in the company ...
Mumbai High's record output
NEW DELHI, FEB. 18.Oil and Natural Gas Corporation's crude oil production from the Mumbai High reached 2.70 lakh barrels a day, the highest in the last five years, a company release said. PTI ...
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