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Saturday, February 24, 2007
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Alcatel-Lucent conducts field trial of WiMax
NEW DELHI: Global IT player Alcatel-Lucent has said it has successfully completed the country's first live Worldwide interoperability for microwave access (WiMax) field trial that enables voice and broadband connectivity for fixed and mobile ...

Telecom, IT sectors look for reliefs
Sops aimed at making India the hub for electronics manufacturing

ISA: Let the chip games begin
HSMC announces $4 b chip making plans

BUSINESS
RBI to pay interest on cash reserves to banks
Interest payment for three periods specified

AI aviation insurance renewal in July
Bids invited from public, private insurance firms

New organisation for insurance customers
KOCHI: The General Insurance Customer Association will organise seminars and workshops to educate the people on managing the general insurance portfolio. The newly formed organisation intends to bring general insurance customers of all public ...

Mittals eye oil, gas assets across the world
To partner HPCL for refinery in Nigeria

M&M, Nissan JV to zero in on TN
Mahindra's top brass to meet the Chief Minister on Monday

Tokyo Exchange in pact with LSE
To consider development opportunities

Maran sets target for BSNL
`Should focus on all required parameters'

Sensex plunges by 389 points
MUMBAI: High inflation rate and fear of government action such as ban on export of various products to rein in prices triggered a wave of selling in the stock market on Friday, which plunged by a huge 389 points to end at over a month's low of ...

ONGC contests DGH ruling on gas find
Stands by its assessment on Krishna Godavari basin discovery

Oracle targets retail sector
NEW DELHI: Eyeing the fast growing retail sector in India, enterprise software company Oracle on Tuesday said it was in talks with all leading players in the sector and would be providing its application and data management products with cutting ...

Other Stories



Barometer


Briefly
Inflation rate falls to 6.63 p.c.
NEW DELHI: Tight money supply and tax cuts pulled back surging prices a bit, with the inflation rate falling to 6.63 per cent during the week ended February 10 from a record level of 6.73 per cent in the previous week. ...

Forex reserves up $3.83 b
MUMBAI: India's forex reserves increased by a whopping $3.834 billion to $188.912 billion during the week ended February 16 as against $185.078 billion during the week ended February 9. ...

ICICI Bank raises interest rates
MUMBAI: ICICI Bank on Friday increased its lending and deposit rates by 0.5 percentage point with immediate effect. The hike relates to only retail lending and will be applicable only for new loans, V. Vaidyanathan, ICICI Bank's Executive ...

RIL board to meet today
MUMBAI: Mukesh Ambani group flagship Reliance Industries will consider raising funds for financing its on-going capital expenditure in several new projects in a board meeting to be held here on Saturday. ...

PFC surges on debut at Dalal Street
MUMBAI: On a day when stock markets crashed by more than 2.5 per cent, Power Finance Corporation made a stellar debut on the Bombay Stock Exchange with its shares ending the day with 31.23 per cent premium over its issue price of Rs. 85 at Rs. ...

BMW India, ICICI Bank sign pact for retail finance
NEW DELHI: Luxury carmaker BMW India and ICICI Bank on Friday entered into an agreement for offering financing solutions that will benefit the prospective buyers. BMW customers will now be able to avail themselves a range of tailor-made ...

Godrej Appliances launches `EON' air-conditioners
CHENNAI: : Godrej Appliances, a division of Godrej & Boyce Manufacturing Company, will be introducing over 25 new models of air-conditioners, including seven window models and 18 split models this year, according to Kamal Nandi, Vice-President ..

Tata Coffee to set up production unit in Uganda
BANGALORE: Tata Coffee has signed an agreement with Uganda to establish a 3,600 tonne coffee production unit there investing Rs. 70 crore and has plans to jointly take up promoting its Crane instant coffee in China. The Managing Director of Tata ...

Indian Bank hikes domestic deposit rates
CHENNAI: Indian Bank has hiked the interest rates on domestic term deposits with effect from February 22 to 9 per cent for deposits of over one year for all categories. According to a bank release, deposits of 181 to 365 days will fetch 8.75 per ...

Sahara India Pariwar enters global services market
CHENNAI: Sahara India Pariwar announced its entry in the global services market by launching Sahara Care House, a single window platform for global Indians enabling one point easy access for over 60 support and care services for them and their ...

HDFC Bank signs MoU with Tata Pipes
CHENNAI: : HDFC Bank has signed a Memorandum of Understanding (MoU) with Tata Pipes, a producer of underground pipes, to offer attractive credit facility to farmers across the country to purchase pipes for irrigation. The bank will use Tata ...




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