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Friday, October 20, 2006
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AI-Indian merger by year-end
GoM will prepare a roadmap for the merger

Stone laid for Hero Honda's Haridwar plant
To invest Rs. 1,900 cr. in the proposed unit along with ancillaries

L&T Q2 net profit up 41 p.c. at Rs. 201 cr.
Site selection for shipyard before December this year

Kalam asks CAG to go in for online auditing
NEW DELHI: The President, A. P. J. Abdul Kalam, on Thursday asked the Comptroller and Auditor General of India (CAG) to go in for online auditing to ensure that there is no time lag between auditing work and the completion of the project ...

Corus accepts Tata offer?
LONDON: As speculation mounted on Tata Steel's proposal to acquire Corus Group, a leading financial daily on Thursday claimed that the Anglo-Dutch steelmaker's board has recommended accepting the Indian company's bid. However, Corus ...

WeP Peripherals unveils new brand identity
BANGALORE: WeP Peripherals Limited on Thursday unveiled a new brand identity in its bid to "connect more with the customer" and in turn propel its "already growing business". Launching the new corporate identity, Ram N. Agarwal, Managing ...

Reliance doubles call centre capacity
KOLKATA: The Anil Ambani promoted Reliance Communications has doubled the capacity of its Chennai call centre to 600 seats. The increased capacity would cater to nearly 7.2 million subscribers (as on September 30, 2006) in the four southern ...

Canon's brand building exercise
NEW DELHI: Zeroing in on India as a key market for the South and Southeast region for tapping global photographic and digital imaging company, Canon on Wednesday announced its plan to invest about Rs. 40 crore in brand building ...

Sensex declines by 135 points
MUMBAI: Sustained profit taking ahead of Q2 earnings by petrochemicals giant Reliance Industries on Thursday pulled the benchmark Sensex down by 135 points to 12723.59 amid weak global cues. The Bombay Stock Exchange 30-share index, Sensex, ...

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Barometer


Briefly
AIG Capital gets RBI nod for NBFC venture
KOLKATA: AIG Capital India Ltd., an arm of the U.S.-based American International Group, on Thursday said it had received the Reserve Bank of India's approval for non-banking financial services operations in India. AIG Capital in a statement said ...

Govt. to merge BICM with NTC
NEW DELHI: The Central Government is considering to merge the Kanpur-based British India Corporation Mill with the National Textile Corporation (NTC), apart from reviving National Jute Manufacturing Corporation Ltd's (NJMC) Kinnison and Khardah ...

Tata Sky appeals to TDSAT
NEW DELHI: The Direct-to-Home (DTH) television broadcaster, Tata Sky, has filed an application with the Telecom Dispute Settlement and Appellate Tribunal (TDSAT), seeking a direction to Zee-Turner to disclose information on pricing of its ...

Trading hours extended at NCDEX
MUMBAI: The National Commodity and Derivatives Exchange Limited (NCDEX) on Thursday said the closing timing of bullion and metal trading on weekdays would be extended to 11.55 p.m. from October ...

Janssen-Cilag to expand R&D activities
CHENNAI: Janssen-Cilag, a subsidiary of Johnson & Johnson and a leading research-based pharmaceutical company, has announced plans to expand its research and development operations in India. The company expects to increase the capacity of its ..

Dell, Symantec tie-up
CHENNAI: : Dell and Symantec have joined forces to deliver `Secure Exchange,' an e-mail programme that took time and complexity out of deploying a secure, reliable Microsoft Exchange environment with extensive archiving capabilities, a release ...

`Fundays' from Club Mahindra
CHENNAI: : Club Mahindra Holidays, the flagship brand of Mahindra Holidays and Resorts India Ltd., announced the launch of `Club Mahindra Fundays,' a holiday product specifically conceptualised for the corporate sector. Companies that joined the ...

Yogesh Agarwal assumes charge
CHENNAI: : Yogesh Agarwal has assumed charge as Managing Director and Group Executive (National Banking), State Bank of India. Mr. Agarwal had held positions such as Chief General Manager, Deputy Managing Director and Chief Financial Officer in ...

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