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Thursday, February 15, 2007
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Vodafone to invest $2 b to expand rural network
`Customers can look forward to cheaper call rates, better handsets and value-added services'

Ties with Italian industry at new high
11 different agreements signed; Fiat-Tata Motors to start venture in Argentina

Bank of Baroda, Pioneer Global to form AMC
MUMBAI: Bank of Baroda and the Milan-based Pioneer Global Asset Management on Wednesday signed a memorandum of understanding (MOU) to form a joint venture in asset management in India. Pioneer Global will hold 51 per cent in the joint venture. ...

UTI Bank, Shriram Transport launch co-branded card
NEW DELHI:

Lakshmi Machine to increase production
Aims at 20 p.c. annual growth

Hutch's Pug gets to stay
NEW DELHI: The little Pug that made Hutch's television ad one of the most successful campaigns will get to stay despite Vodafone taking control of the mobile firm. "The dog will (continue to) appear (in advertisements),'' was Vodafone CEO ...

Other Stories



Barometer


Briefly
Airtel reduces roaming tariffs
NEW DELHI: Bharti Airtel on Wednesday reduced roaming tariffs by up to 56 per cent and scrapped the rental for roaming services as per the TRAI's guidelines issued last month. ...

BSNL places order for GSM lines
BARCELONA: BSNL has placed an order for four million GSM lines with Nokia, Nortel and Ericsson as per the existing terms and conditions, Communications and IT minister Dayanidhi Maran told reporters here. ...

PFC fixes cut-off price at Rs. 85
CHENNAI: Power Finance Corporation (PFC) has fixed the cut-off price at Rs. 85 per equity share at the upper price band for its initial public ...

Wheat export banned
NEW DELHI: The Central Government has imposed a complete ban on export of wheat and allowed free imports of maize. The ban on export of all varieties of wheat, including durum and seeds, would remain in force till the end of 2007. ...

PNB and BoB raise BPLR
MUMBAI: Punjab National Bank (PNB) and Bank of Baroda have decided to increase the benchmark prime lending rate (BPLR) by 50 basis points with effect from February ...

F-Secure detects `valentine eCard' virus
CHENNAI: : F-Secure Corporation has detected a virus, Valenavir.A and Bzub.HZ, using its latest database updates. The virus disguises itself as a Valentine's eCard notification email. When users click on the link, it will redirect them to a page ...

Thomson buys majority stake in Paprikaas
BANGALORE: Thomson, the French technology provider for the media and animation industry, has acquired majority stake in the Bangalore-based Paprikaas Animation Studios. No figures were disclosed. Paprikaas, employing 150 people, provides ...

Encora Group pact with Meritos Technologies
BANGALORE: Encora Group, a global product engineering service company in the U.S., has announced a merger agreement with Meritos Technologies, a Bangalore-based offshore service firm providing engineering services to mid-market software ...

Sical Logistics sales and profit up
CHENNAI: Sical Logistics has reported a turnover of Rs. 224.58 crore for the quarter ended December 31, 2006, against Rs. 219.67 crore. The net profit, after prior period adjustments, stood at Rs. 10.78 crore against Rs. 9.94 ...

BEML gets Philippines order
BANGALORE: Bharat Earth Movers Ltd. has won a Rs. 16.28 crore order for supply of dump trucks, loaders, bull dozers and backhoe loaders to the Philippines. The company has set itself a business target of Rs. 2,600 crore for the current year and ...




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