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Wednesday, September 29, 2004
SAIL nod for Indian Iron merger
NEW DELHI, SEPT. 28. The Steel Authority of India Limited's board of directors today agreed in principle for the merger of the company's wholly owned subsidiary, Indian Iron & Steel Co. Ltd (IISCO), with parent company. Steps for obtaining ...
New range of cordless phones from Bharti
NEW DELHI, SEPT. 28. Bharti Teletech, a fixed line phone manufacturer, announced that it is targeting 27 per cent growth in the sale of phones to take it to five million units in 2004-05. Simultaneously the company is assessing the market for ...
Securities Appellate Tribunal-SEBI differences surface
MUMBAI, SEPT. 28. The Securities Appellate Tribunal (SAT) made it clear today that "the tribunal has never ever" told the Securities and Exchange Board of India (SEBI) not to place its orders on the website of the capital market regulator. The ...
Shantha Biotech vaccine unit on stream
HYDERABAD, SEPT. 28. The new GMP compliant vaccine manufacturing complex of Shantha Biotechnics, comprising three production suites and an utility block, was inaugurated by the Andhra Pradesh Chief Minister, Y. S. Rajasekhara Reddy, at Medchal ...
Circular on BPO withdrawn
NEW DELHI, SEPT. 28. In a major relief to the business process outsourcing sector, the Government today exempted the sector it from tax by withdrawing the controversial Central Board of Direct Taxes circular issued in January. ...
Oil prices top $50
LONDON, SEPT. 28.Crude oil topped the psychological milestone of $50 a barrel today for the first time and a Saudi oil official said the world's largest petroleum exporter would raise its production capacity by 15 per cent in a bid to calm ...
New CMD for Nestle India
NEW DELHI, SEPT. 28.Nestle India today said Martial Rolland would take over as its Chairman and Managing Director, replacing the present CMD, Carlo Donati, in December. Meanwhile, the global FMCG giant Nestle has appointed Mr. Donati as the ...
Jindal ties up with U.K. firm
NEW DELHI, SEPT. 28. Jaindal Stainless today said it had signed a one-year $18.5 million contract for supplying stainless steel to the U.K.-based Stemor Ltd. The agreement was signed by Jindal Stainless Vice Chairman and Managing Director, Ratan ...
Planet-7 sets up assembling unit
PONDICHERRY: The Planet-7 International, manufacturer of battery operated two wheelers, has set up an assembling unit in the electronic park at Tirubuvanai near here. The plant formally launched the two wheelers on Monday. Briefing newsmen, the ...
Maze Net Solution signs MoU
COIMBATORE: Maze Net Solution Pvt. Ltd. recently signed a memorandum of understanding with the CMS College of Science and Commerce here. The company, which is a channel partner of Godrej Lawkim, provides quality training and jobs for fresh ...
Annual conference of PAT
COIMBATORE: The Golden Jubilee Commemoration and the 51st annual conference of the Planters' Association of Tamil Nadu (PAT) will be held on October 9 at Coonoor. A release from the association said the Governor, P. S. Ramamohan Rao, would ...
Tirupur Tax Practitioners' Assn. plea
COIMBATORE: The Tirupur Tax Practitioners' Association has appealed to the Commissioner, Commercial Taxes, Chennai, to make available sufficient stock of Declaration Forms and Certificates in all the assessment circles. It has also pleaded that ...
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