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Wednesday, October 26, 2005
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RBI revises GDP growth projection upwards
Leaves Bank Rate unchanged; IBA to review PLR systems

`Repo rate hike not to push up lending rates'
Chidambaram welcomes upward revision of GDP growth forecast

A thought for the common man
Banks asked to offer `no frills accounts'

Ford unveils Fiesta in two versions
Global and Indian teams have developed the car

TCS' infrastructure solution centre
The Velacherry dedicated centre has come up on 2.50 lakh sq. ft.

Other Stories



Barometer


Briefly
Infosys compliant with Sarbanes Act
BANGALORE: Infosys Technologies has become compliant with Sec. 404 of the Sarbanes Oxley Act of 2002 ("SOX Act'') well in advance of the mandatory deadline of March 31, 2007. With this certification, Infosys ranks among the earliest foreign ...

GVK Power files draft prospectus
HYDERABAD: GVK Power and Infrastructure Limited (GVKPIL) is proposing to enter the capital market with an initial public offer through a 100 per cent book-building process. It has filed the draft red herring prospectus with the Securities and ...

Binny to issue preference shares
MUMBAI: Binny on Tuesday said it would issue 35 crore cumulative redeemable preference shares of Rs. 5 each amounting to Rs. 175 crore on a private placement basis to the promoters. The shareholders in the EGM have approved the ...

Posco to set up processing unit
SEOUL: Posco will set up a steel processing joint venture in India as it moves to expand its presence in the fast-growing markets overseas, the company said in a public notice to regulators on ...

Jerry Rao joins Royal Orchid board
BANGALORE: The Royal Orchid Group of Hotels announced that IT firm MphasiS Founder and Chairman Jerry Rao has joined its board of directors.

Gangotri Textiles to expand capacity
COIMBATORE: The Coimbatore-based Gangotri Textiles will increase its garment production capacity from 1,000 pieces a day to 4,000 pieces by next October. C. R. Vasudevan, President, Projects, speaking to presspersons at the launch of Feather ...

Mastek inaugurates third facility in Pune
CHENNAI: Mastek, an international software solutions and integration services provider, on Tuesday inaugurated its third centre in Pune and ninth in India. Mr. Ashank Desai, Chairman and founder, Mastek group, inaugurated the development centre. ...

MRF declares second interim
MUMBAI: The directors of MRF at their meeting held on October 25 have declared a second interim dividend of 30 per cent, according to a Bombay Stock Exchange ...

Bank of India in pact with Philips
CHENNAI: Bank of India and Philips Electronics India (PEIL) have signed a memorandum of understanding under which Bank of India will offer personal loans to individuals intending to buy consumer products such as colour televisions, audio systems, ...

Other Stories






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