Online edition of India's National Newspaper
Tuesday, April 11, 2006
Online edition of India's National Newspaper Tuesday, April 11, 2006 |
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News Update
News Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous • Cartoons Engagements
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Select items face withdrawal of duty exemption Proposed lists put up for public comment 
Ruia plans industrial products facility at Ambattur unitUnit to commence production by July; Rs. 125 cr. capex planned Panel on fiscal issues in jewellery sector set up Objective is to make India a global trading hub RPL's IPO gives option to retail investors The initial public offer will open for subscription on April 13 Other Stories
Barometer Briefly AV Birla accepts Tatas' offer in Idea MUMBAI: The Aditya Birla Group has accepted the offer made by the Tata Group and will acquire its entire holding of 48.14 per cent in Idea Cellular for a total consideration of about Rs. 4,406 crore. Of the 48.14 per cent holding, 15 per cent ... Opto Circuits prices FPO at Rs. 270 MUMBAI: Healthcare equipment maker Opto Circuits India has fixed Rs. 270 per share as the price of its follow-on public offer (FPO) to raise up to Rs. 108 crore for funding its expansion plans. Under the FPO, 50 per cent (16 lakh shares) had ... 18 cos. in race for BSNL's GSM tender NEW DELHI: As many as 18 leading telecom and IT companies including Nokia, Ericsson, Motorola, Cisco and HP have evinced interest in bidding for 45.5 million GSM lines to be added by Bharat Sanchar Nigam Limited. ... Arcelor-Jindals JV starts facility NEW DELHI: Luxumbourg-based Arcelor group on Monday started its manufacturing facility as a joint venture partner with Jindal Saw Ltd. at Bahadurgarh in Haryana. Arcelor holds a minority stake of 27 per cent in the IUP Jindal Metals and Alloys ... Consortium clears Sompo as partner KOLKATA: The Indian shareholders of the consortium formed by Allahabad Bank have cleared Sompo of Japan as the overseas partner for the proposed foray into non-life insurance business. ... EU sets May 19 for ruling on Mittal bid BRUSSELS: European Union regulators have set a May 19 target for an antitrust ruling on Mittal Steel Co.'s euro19 billion ($23 billion) hostile takeover bid for rival steel giant Arcelor SA, the EU said on Monday. ... CII welcomes foreign trade policy COIMBATORE: The Confederation of Indian Industry, Coimbatore Zone, has welcomed the annual supplement to the Foreign Trade Policy, saying that it reflects a pragmatic approach to boosting exports. Its Chairman, Jayakumar Ramdass, said in a ... Central Excise's Coimbatore zone collects Rs. 1,867 cr. TIRUCHI: The Coimbatore zone of the Central Excise Department managed a collection of Rs. 1,867 crore as excise revenue against the target of Rs. 1,700 crore. The Coimbatore zone comprises Tiruchi, Coimbatore, Madurai, Salem and Tirunelveli ... LVB raises NRE and FCNR (B) rates KARUR: The Karur-based Lakshmi Vilas Bank has hiked the interest rates on NRE and FCNR (B) term deposits with immediate effect. The NRE term deposits rates (with old rates in brackets) are: For one to two years 6.00 per cent (5.90), two to three ... Satyam Computer to consider bonus CHENNAI: Satyam Computer Services will hold a meeting of the board of directors on April 21 to consider a bonus issue and the audited financial results for the quarter and the year ended March 31, 2006. The board will also consider a final ... Yes Bank offers debt financing to Take Solutions CHENNAI: TAKE Solutions, a technology enabled business solutions company with leadership in supply chain management and life sciences, on Monday announced that YES Bank had offered debt financing of $4.45 million in the company to fuel the ... Nod for CIAL's rights issue KOCHI: The shareholders of Cochin International Airport Limited (CIAL), at an extraordinary general meeting held on Monday, have approved the proposal for issue of rights shares in the ratio of one share for every equity share held, without the ... LG unveils new range of products KOCHI: K. R. Kim, President of LG Electronics India, has announced the launch of premium products in the Kerala market where the target of sales is Rs. 350 crore. The company plans to achieve 25 per cent market share in the flat panel display ... Nagpal Builders' new project KOCHI: Nagpal Builders has announced the launch of Sapphire Heights at Palachuvadu in Kochi. The apartment is a block of 12 floors and penthouses with 64 units, says a ... ICICI Bank announces `Swarnotsavam' KOCHI: ICICI Bank has announced a month-long gold festival at all its branches and leading retail outlets in Kerala. The festival will cover auspicious occasions such as Vishu on April 14 and Akshaya Tritiya on April 30. Gold coins will be ... Value added service from Aircel CHENNAI: Cellular operator Aircel has launched a novel value added service, SMS Bank. It enables a customer to store any number of messages at his ID allotted, based on his request registered at 2222, and retrieve the same as and when necessary. ... Subex GDRs listed on Luxembourg Exchange BANGALORE: The Global Depository Receipts (GDRs) of Subex Systems have been officially listed on the Euro MTF market of the Luxembourg Stock Exchange since April 7, the company said in a statement here. The GDR committee of the board of ... Jataayu introduces jB5 technology BANGALORE: Jataayu Software announced its latest offering for users to experience `true mobile browsing' with its jB5 with ART HTML Browser technology. jB5 does not stop at supporting only the standards and specifications that govern the ... NEC unveils two-spindle notebook BANGALORE: NEC Computers Asia Pacific introduced a lightweight 14-inch widescreen display, two-spindle notebook, the NEC Versa E3100, targeted at both consumer and commercial customers. Weighing only 2.2 kg with an integrated optical disk drive ... Fresh and Honest enters Karnataka BANGALORE: Fresh and Honest Café Limited (FHCL) on Monday entered the retail market in Karnataka with the launch of `Alive' filter coffee powder (70 per cent coffee and 30 per cent chicory mix). Announcing this at a press conference, R. ... Other Stories
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