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Cess on diesel cars on anvil
Bulk users to pay more, Railways, State Transport corporations to be spared

Nuclear deal to catalyse Rs. 2 lakh crore investment in power, says Assocham
40 firms have already started negotiations with companies abroad

Declining crude augurs well: Behuria
Prices likely to stabilise in the medium term but customers will not benefit

NSG waiver buoys markets
MUMBAI: The benchmark Sensex on Monday surged by 461 points but missed the crucial 15000 level at close by a whisker with foreign funds and retail investors resorting to heavy buying after India on Saturday secured a waiver from the Nuclear ...

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Barometer


Briefly
TCS to form venture for power exchange
MUMBAI: Tata Consultancy Services on Monday said it would incorporate a joint venture firm for which it has entered into an agreement with State-run NTPC, NHPC and Power Finance Corporation to operate a national level power exchange. The new ...

DBS Bank opens branch in Chennai
CHENNAI: DBS Bank, one of the largest financial services groups in Asia, has announced the opening of its branch in Chennai. The bank already has one branch each in New Delhi and Mumbai. The Chennai branch is one of the eight branches that DBS ...

Aurobindo Pharma gets FDA nod for ARV drugs
HYDERABAD: Aurobindo Pharma had received tentative approval to manufacture and market Abacavir Sulfate/Lamivudine tablets 600 mg/300 mg from the US-FDA. These tablets are generic equivalents of Epzicom of SmithKline Beecham and fall under ...

Watson sets up consulting practice in India
CHENNAI: Watson Wyatt Worldwide, a leading global consulting firm, has announced the establishment of a healthcare consulting practice in India. This will be led by Gayle Adams, who has 20 years of experience in actuarial and health related ...

General Motor sets up marketing company
NEW DELHI: As part of its restructuring and realignment of corporate structure, General Motors India, the wholly-owned subsidiary of General Motors Corporation, on Monday announced the creation of a new sales and distribution company, General ...

Yes Bank, J. P. Morgan join hands
CHENNAI: Yes Bank and J. P. Morgan announced a new strategic partnership. Through this arrangement, Yes Bank will offer Yes Bank-branded Visa dollar prepaid travel card to its customers, using J. P. Morgan’s expertise in prepaid card ...

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