Online edition of India's National Newspaper
Thursday, February 22, 2007
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Online edition of India's National Newspaper Thursday, February 22, 2007 ePaper |
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BUSINESS
Barometer Briefly Broad guidelines on doorstep banking MUMBAI: To enable start of doorstep banking, the Reserve Bank on Wednesday released broad guidelines for cash pick-up and delivery, modalities of delivery, risk management and grievance redressal. It clarified that in the case of corporates, ... BPCL to sell 49 p.c. stake in Bharat Shell NEW DELHI: Bharat Petroleum Corporation Ltd. on Wednesday said it would sell 49 per cent stake in Bharat Shell Ltd. to partner Shell Overseas Investment BV, a unit of Royal Dutch Shell Plc. ... Sangli Bank merger back on track NEW DELHI: Decks have been cleared for the merger of Sangli Bank with ICICI Bank, as minority shareholders of the ailing bank on Wednesday withdrew a petition alleging fraud and mismanagement. ... IBM's offerings for SMBs NEW DELHI: Aimed at expanding Lotus software's portfolio in the rapidly growing Indian market, global IT company IBM on Tuesday launched three new softwares for the small and medium businesses (SMBs). The three softwares are: IBM Lotus ... Ambani, Kamath on London advisory panel MUMBAI: Reliance Industries chairman Mukesh Ambani and ICICI Bank CEO K V Kamath are among the six top corporate leaders from the country who will advise the City of London in developing economic ties with India. ... Sanwaria to acquire two agro oil firms CHENNAI: Sanwaria Agro Oils, a leading soyabean processor and refined soyabean oil maker and a part of the Rs. 500 crore Sanwaria Group, has announced plans to acquire two solvent extraction plants in Madhya Pradesh at a cost of Rs. 15 crore. ... Fitch rates gas, oil sector as stable NEW DELHI: Fitch has given a stable rating to the Indian oil and gas industry predicting that domestic upstream companies will continue to benefit from the higher than historical crude oil ... Hyundai reaches another milestone NEW DELHI: Hyundai Motor India achieved yet another milestone by selling more than one million Santros in the domestic and export markets since the vehicle's introduction in late 1998. Of the one million vehicles, seven lakh units have been sold ... Concorde Motors opens second showroom CHENNAI: Concorde Motors (India) has opened its second showroom in Ambattur, Chennai, on Wednesday. The showroom was inaugurated by Rajiv Dube, President (Passenger cars), Tata Motors. Inaugurating the showroom, Mr. Dube said the company had ... Court ratifies GNFC, Narmada Chematur merger CHENNAI: The merger of Narmada Chematur Petrochemicals Ltd. (NCPL), a subsidiary of Gujarat Narmada Valley Fertilizers Co. (GNFC), with GNFC has been finally made effective from February 15, 2007, pursuant to the filing of the order passed by ... Mathur, Thomas appointed as OVL Directors NEW DELHI: The Union Government on Wednesday appointed Anupam Mathur and Joeman Thomas as Director (Commercial) and Director (Exploration), respectively, of ONGC Videsh Ltd (OVL), the overseas arm of public sector oil major ONGC. Prior to this ... Read Today's supplements: Metro Plus | Sci Tech | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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