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Tuesday, May 29, 2007
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SAIL raises capacity target
12 mt new capacity by 2010

Best Western to add 100 hotels
MUMBAI: Best Western International, the world's largest hotel brand, has announced an aggressive development plan for India under the leadership of its master licensee, the Mumbai based Cabana Hotel Management Pvt. Ltd. Over the next ten years, ...

UAE asked to lift ban on poultry imports
NEW DELHI: India on Monday asked the United Arab Emirates (UAE) to eliminate trade barriers to improve bilateral trade, besides seeking removal of ban from import of poultry products and permission to Indian banks to open their branches in the ...

Nifty hits new peak
MUMBAI: Nifty scaled a new peak of 4,295.60 in intraday trade on Monday, following a strong rally on the bourses due to positive global cues and fresh buying in frontline counters. The indices, however, pared a large part of gains due to late ...

Other Stories



Barometer


Briefly
Digitally signed `Form 16'
NEW DELHI: With tax payers no longer required to append `Form 16' with their returns, the Income-tax department has allowed employers to provide digitally signed statements of tax deducted at source to their employees. ...

DSE to invite bids for stake sale
NEW DELHI: The Delhi Stock Exchange will invite bids from Tuesday to sell 51 per cent brokers' stake in the bourse, PTI ...

Stanchart to buy 49 p.c. in UTI Sec.
MUMBAI: Standard Chartered Bank is set to buy a 49 per cent stake in UTI Securities from the Securities Trading Corporation of India (STCI) for around Rs. 140 crore, PTI reports quoting a ...

SEBI ban on Adani group
MUMBAI: The Securities and Exchange Board of India on Monday banned promoters of the Adani group from dealing in stock markets for two years for its involvement in the Ketan Parekh securities ...

IOC pays 130 p.c. final
NEW DELHI: Indian Oil Corporation has announced a final dividend of 130 per cent (Rs. 13 per share of Rs. 10) in addition to the interim of 60 per cent paid in December ...

Cisco, RNA tie up for encryption technology
CHENNAI: : Cisco and RSA, the security division of EMC, will work together to develop technologies that will help customers improve and simplify the encryption of confidential information. These technologies will help customers encrypt ...

Cambridge Technology acquires U.S. firm
CHENNAI: : Cambridge Technology Enterprises (CTE), a leading provider of service oriented architecture (SOA) based solutions and enterprise transformation applications to midsize enterprises, announced the acquisition of ComCreation Inc., a ...

Jain Irrigation to acquire stake in NaanDan
CHENNAI: Jain Irrigation Systems has signed definitive agreements through a wholly owned subsidiary in the Netherlands to acquire 50.001 per cent of the share capital of NaanDan Irrigation Systems C.S. Ltd., Israel, for $21.5 million. On ...

Mformation Technologies gets $20m funding
BANGALORE: Mformation Technologies Inc., the U.S.-based mobile devices management company, with a 70-member development and testing centre here, reported that it has raised a round of $20 million financing. QuestMark Partners and Wasatch Cross ...

Toshiba launches new range of laptops
HYDERABAD: The computer systems division of Toshiba Singapore Pte Ltd., has launched a new family of laptops that feature dual hard drives incorporating television and entertainment features that address the changing digital lifestyles. ...




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