Online edition of India's National Newspaper
Thursday, March 03, 2005
Online edition of India's National Newspaper Thursday, March 03, 2005 |
|
Business |
|
News Update
News Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous Engagements
Today's Headlines
Stocks
Group Sites |
FM to relook at levy on cash withdrawalsNEW DELHI, MARCH 2. The budget proposal to levy tax on large cash withdrawals from banks on a single day is in for an overhaul. Bowing to pressure from outside and concerns expressed within the Congress party and its UPA coalition partners over ... Divergent views of rating agencies on budget NEW DELHI, MARCH 2.The Finance Minister P. Chidambaram's budget package for the new fiscal has drawn widely divergent perceptions from two international rating agencies. Even as Credit Suisse First Boston (CSFB) has hailed the budget as good for ... NIIT to double headcount at Singapore facility SINGAPORE, MARCH 2.In an effort to strengthen its Asia Pacific operations, NIIT Technologies today said it would double the headcount in its Singapore software development facility to 200 over the next 18 months, besides making it the company's ... Sensex stages late recovery MUMBAI, MARCH 2. LED BY bank and metals shares, the Sensex today rallied by 35.81 points to close at 6686.89 on the Bombay Stock Exchange following a late bout of heavy buying from foreign funds and local operators, overcoming hectic profit ... Other Stories
Barometer Briefly Fiorina in race for WB post WASHINGTON, MARCH 2. Carly Fiorina, recently forced out of her job as chief executive of Hewlett-Packard Co., is in the running to be the next president of the World Bank, a Bush administration official said. Ms. Fiorina's name is the latest ... VSNL UK's voice service MUMBAI, MARCH 2.Videsh Sanchar Nigam Ltd. (VSNL) today announced that its U.K. affiliate, VSNL UK Ltd. has launched a wholesale voice offering to meet the high demand for quality voice termination to India. The service is intended to support the ... OVL wins Qatar offshore oilfield NEW DELHI, MARCH 3.Close on the heels of the Egypt deal, ONGC Videsh Ltd. (OVL) has won the prospective Najwat Najem oil acreage in the Arabian Sea in offshore Qatar. OVL's bid was chosen from among those of a dozen companies submitted to the ... Repco bank's loan mela TIRUPUR: Repco Home Finance Ltd., a subsidiary of Repco Bank, announced a loan camp at its Tirupur branch till March 15. (Repco Home has been providing loans at present at 7.5 per cent.) The administration fee of 0.5 per cent would be waived for ... Budget proposals welcomed COIMBATORE: The Coimbatore District Exporters and Importers' Association has welcomed the Union budget saying that it will provide more rural employment opportunity. The budget proposals to reduce excise duty for man-made fibres from 24 per cent ... Sakthi Sugars' preferential issue MUMBAI: Sakthi Sugars has informed the Bombay Stock Exchange that the board of directors of the company at their meeting held on March 2 has approved the issue of 31.32 lakh equity shares of Rs. 10 each at a price of Rs. 50 per share, including ... SEBI extends deadline for MAPIN CHENNAI: The Securities and Exchange Board of India (SEBI) has extended the deadline for specified investors to obtain Unique Identification Number by nine months to December 31. A central database of Securities Market Participants' and ... Wage talks in LIC CHENNAI: The management of Life Insurance Corporation of India (LIC) has called the All-India Insurance Employees' Association and other trade unions for a fresh round of discussions on all pending issues, including the wage revision. The fresh ... Tata Indicom adds a million customers KOCHI: Tata Indicom has 1.9 million customers in fixed wireless segment across 20 circles and has become the largest and the first wireless service provider to have over 9,000 retail outlets, says a ... WHO approval for HMD KOCHI: Hindustan Syringes & Medical Devices Ltd (HMD) has got WHO approval for its auto disable syringe, says a release. Good show by LKB KOCHI: Lord Krishna Bank has registered an impressive business growth of 37 per cent during the pre-fiscal, says a release. The bank which for the whole of the previous year earned a profit from operations other than treasury of an amount of Rs. ... Geojit to expand presence in Middle East KOCHI: Geojit Securities is expanding its presence in the Middle East. Its joint venture with Barjeel Geojit Securities is headquartered at Dubai .A branch is to be opened at Sharjah shortly. The company is also the leading distributor of mutual ... Somani Cement bags Iraq order NEW DELHI: Somani Cement Company said that it had bagged an export order to Iraq valued at Rs. 33.20 crores. The order is for a leading company based in Iraq and it would be executed within fiscal 2005-06, the company informed the Bombay Stock ... Nagarjuna bags Rs. 331 cr. order NEW DELHI: Nagarjuna Construction Company Ltd. has bagged new project orders worth Rs. 331 crores in the month of February. The new orders are from various clients, including software buildings, residential flats and irrigation works, the company ... AMP Sanmar life cover for TMB scheme CHENNAI: AMP Sanmar has come out with a group scheme for small savers. Developed for Tamilnad Mercantile Bank, the life insurance cover comes bundled with the bank's new RD scheme, Siranjeevee Recurring Deposit Scheme. The scheme has a life cover ... Vijaya Bank to issue of Tier II bonds MUMBAI: Vijaya Bank has informed the Bombay Stock Exchange that the bank is proposing to issue Tier II bonds in the nature of promissory note aggregating Rs. 250 crores. The issue is slated to open on March 3 and close on March ... Corpn. Bank revises NRE/FCNR deposit rates MANGALORE: Corporation Bank has revised interest rates on NRE term deposits up to 0.4 percentage point across different maturities with effect from Wednesday. A release from B. R. Bhat, Deputy General Manager (Resource Mobilisation Division), ... IOC's new petrol bunk at Mirjan MANGALORE: Indian Oil Corporation (IOC) will be commissioning a new petrol bunk at Mirjan in Uttar Kannada district on Thursday in the name of Mirjan Kayyar Fuels. The petrol bunk has been developed as dealer-owned dealer-operated outlet, and K. ... Other Stories
Read Today's supplements: | Life | Metro Plus | Sci Tech | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
|
|
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Today's Headlines | Features: Life | Magazine | Literary Review | Metro Plus | Open Page | Education Plus | Book Review | Business | SciTech | Entertainment | Young World | Property Plus | Quest | Folio | Advts: Classifieds | Employment | Updates: Breaking News |
The Hindu Group:
Home | About Us | Copyright | Archives | Contacts | Subscription
Copyright © 2005, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |