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Tuesday, November 21, 2006
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BUSINESS
`FDI curbs will not be country-specific'
FTA with China not on cards; buoyancy in FDI in the first six months likely to continue

HSBC AMC launches tax saving fund
Minimum stipulated investment in the fund is Rs. 500

Other Stories



Barometer


Briefly
EU takes India to WTO
BRUSSELS: The European Union has approached the World Trade Organization over India's high customs duties on wines and spirits, taking the first step towards starting litigation at the dispute settlement body. ...

GoM on spectrum reconstituted
NEW DELHI: The Group of Ministers set up to work out a mechanism to vacate the spectrum from defence for telecom usage has been reconstituted with the inclusion of new Defence Minister A K Antony. ...

TRAI move to check telemarketing
NEW DELHI: With the aim of reducing unsolicited telemarketing calls and SMSs, TRAI has suggested the setting up of some type of do-not-call register where subscribers can list and thus avoid getting such calls. ...

Jet moves HC on bank guarantee
MUMBAI: Jet Airways on Monday moved the Bombay High Court, urging replacement of bank guarantee of ICICI Bank with State Bank of India (SBI) in regard to its dispute with Sahara Airlines over the collapsed takeover deal worth Rs. 2,300-crore. ...

Freeport-McMoRan to acquire Phelps Dodge
WASHINGTON: U.S. mining company Freeport-McMoRan Copper and Gold (FCX) will acquire its competitor, Phelps Dodge, as part of a friendly merger for $25.9 billion to create the largest mining conglomerate in the world, the two companies announced ...

LSE rejects Nasdaq revised bid
LONDON: The London Stock Exchange said on Monday that it had rejected the final offer worth 2.7 billion pounds ($5.1 billion) from U.S. stock exchange Nasdaq. ...

Jain Irrigation buys majority interest in U.S. co.
MUMBAI: Jain Irrigation Systems has informed the Bombay Stock Exchange that the company, through its subsidiary in the U.S., has entered into an agreement to purchase the majority interest of Cascade Specialties, Inc., an onion dehydrator based ...

Bajaj Alliaz launches Samraksha
CHENNAI: Bajaj Allianz Life Insurance on Monday launched Samraksha, an insurance plan exclusively addressing the demands of the rural community. Samraksha is a single premium term assurance plan where one needs to pay just once to be covered for ...

Balmer Lawrie gets mini ratna I status
KOLKATA: The Union Petroleum and Natural Gas Ministry has approved the upgrading of Balmer Lawrie from mini ratna II to mini ratna I status. However, the immediate benefits of this status upgradation will have to await the appointment of three ...

Air Deccan's daily flight to Pathankot
NEW DELHI: Pathankot, the gateway to Punjab, Himachal Pradesh and Jammu and Kashmir, will be thrown open for daily civilian flights from New Delhi, beginning Tuesday. Air Deccan is launching daily ATR flights, connecting Pathankot with Delhi. ...

MyTVS launches website for customers
CHENNAI: MyTVS, the customer centric car services business of TVS & Sons, has launched its website www.mytvs.in coinciding with the launch of CII Auto Serv 2006 exhibition. The website was launched by R. Dinesh, Executive Director, TVS & ...

Tata Indicom's One Nation plan
CHENNAI: Tata Indicom on Monday announced the launch of One Nation plan for all its post-paid Walky customers. At a monthly rental of Rs. 180, the new plan will offer Walky customers free calling value of Rs. 50 a month. Under the plan, all ...

Vimal Kapur is MD of Honeywell Automation
CHENNAI: Honeywell Automation India Ltd. (HAIL) recently announced that effective November 1, Vimal Kapur had been appointed as Managing Director of the company. Mr. Chitale has relocated to a global position within Honeywell but will continue to ...




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