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Thursday, May 18, 2006
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Home

Mauritius textiles, sugar to get duty-free entry
India likely to sign preferential trade agreement next month

Airbus Industrie to set up MRO facility in India
The installation will be used to service fleet of aircraft

`Oil PSUs losing $51 m a day'
Natural gas emerging as a preferred fuel

HSCI to double capacity
Will consider further expansion

Other Stories



Barometer


Briefly
Mittal Steel to launch offer today
STRASBOURG (FRANCE): Mittal Steel Co. said it would launch its euro21 billion ($27 billion) offer for rival Arcelor SA on Thursday after it got a green light from market regulators in France, Belgium, Luxembourg and the Netherlands. ...

RRBs to market mutual funds
MUMBAI: The Reserve Bank of India on Wednesday allowed regional rural banks (RRBs) to market mutual fund units through their branches. RRBs may, with approval of their boards of directors, enter into agreements with mutual funds for marketing ...

Gairola new CMD of Dena Bank
MUMBAI: The Central Government on Wednesday appointed P. L. Gairola as Chairman and Managing Director of Dena Bank. He earlier served as executive director of Bank of India. ...

L&T ventures into dredging
MUMBAI: Larsen & Toubro has made a foray into the dredging business by acquiring 61 per cent stake in the Indian company, International Seaport Dredging Pvt. Ltd., promoted by Belgian dredging multinational, Dredging International ...

Gates Foundation sells stake in India Fund
NEW DELHI: Microsoft chief Bill Gates' charity organisation — Bill and Melinda Gates Foundation — has offloaded its entire stake valued at nearly $23.1 million (over Rs. 100 crore) in an India-specific investment fund. ...

Rathi Udyog fixes price band
NEW DELHI: Rathi Udyog, manufacturer of steel products, has fixed the price band at Rs. 50-55 for its follow-on public offer, which will hit the market on May 19, to raise Rs. 58 crore. The overall issue size is Rs. 98 crore, out of which the ...

Ranbaxy's in-licensing pact with Dutch firm
GURGAON (HARYANA): : Ranbaxy Laboratories announced on Wednesday that it had entered into an in-licensing agreement for the Indian market, with the Netherlands-based pharma company, Eurodrug Laboratories, for the asthma product doxophylline, a ...

Elder Pharma ties up with Sterisol
MUMBAI: Elder Pharmaceuticals has entered into an in-licensing tie-up with Sterisol AB of Sweden to develop, manufacture and market advanced medical enviro-security products in India. Sterisol AB, pioneer in products for infection control and ...

Jain Granites bags Rs. 10 crore order
CHENNAI: The Chennai-based granites and marbles trader and exporter, Jain Granites and Projects India Ltd., has bagged orders worth Rs. 9.65 crore, according to R. Sunil Bafna, Executive Director, Jain Granites. Addressing presspersons here on ...

Mediaware Infotech offers new software
CHENNAI: Mediaware Infotech, the Mumbai-based IT solutions provider for the advertising and media industry, has launched creative work flow system, a web-based image repository software. The system will be useful for advertising agencies for ...

CCS Infotech bags BSNL Salem order
CHENNAI: CCS Infotech, a Chennai-based IT solutions provider, has bagged an order worth Rs. 50 lakh from BSNL Salem. The company will be providing IT solutions to BSNL Salem. The order is to be executed by this month-end, says a CCS Infotech ...

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