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Essar Steel to acquire Shree Precoated’s assets
‘It is not a takeover but purchase of an asset as a slump sale’

Steel Ministry nod for 8.38 % stake sale in NMDC
NEW DELHI: The Union Steel Ministry has approved the sale of 8.38 per cent of government equity in the blue chip company NMDC that could fetch the Exchequer around Rs. 12,000 crore. Market cap “We ...

Tata cos mark presence in Ethiopia
Emami Director Aditya Agarwal will be Ethiopia’s Consul

Garment exports drop 15 % in first quarter
Downturn hits all categories; Apparel Export Promotion Council seeks remedial measures

Canon enters document management business
NEW DELHI: Canon India on Tuesday entered the document management services business primarily aimed at the enterprise market. Initially, the company would be partnering its customers to optimise their print management, which would be followed ...

Mitsui Sumitomo bets on India


Sensex breaches 16000-mark
Monsoon concerns return to haunt markets

Other Stories



Barometer


Briefly
Reliance Media World to be listed on BSE, NSE
CHENNAI: The radio business of Adlabs Films — BIG 92.7FM — has been demerged from the company into Reliance Unicom and the name has been changed subsequently to “Reliance Media World Ltd”. The shareholders of Adlabs ...

ITC Infotech solution for media industry
BANGALORE: ITC Infotech has introduced Metatag + , a platform independent framework for metadata collaboration across an enterprise. The company will complement this solution for the media and entertainment industry with diagnostic consulting. ...

Magma Fincorp to make foray into insurance
KOLKATA: Magma Fincorp has entered into a joint venture agreement with HDI Gerling which is part of the Talanx Group, a German insurance company, for setting up a joint venture general insurance company which would be headquartered here. ...

Wipro services for Charming Shoppes
BANGALORE: Wipro Technologies has entered into a five-year strategic agreement with Charming Shoppes of the U.S. a leading multi-brand specialty apparel retailer to provide end-to-end information technology services. These services will be ...

Sical Logistics signs MoU with Mitsui O.S.K.
CHENNAI: Sical Logistics has initialled a memorandum of understanding (MoU) with Japan’s Mitsui O.S.K. Lines Ltd. (MOL) to operate the automotives management yard at Ennore Port here. The yard will manage automotives in CBU (completely ...

Everonn Systems net profit up 64 %
CHENNAI: Everonn Systems has reported a higher revenue of Rs. 35.91 crore for the quarter ended June 30, 2009 against Rs. 22.26 crore in the corresponding period in 2008-09. The net profit has increased by 64 per cent to Rs. 5.04 crore against ...

Dabur launches new skincare range
NEW DELHI: Dabur India has launched an all-new brand, Dabur Uveda. The new skincare rangeconsists of fairness cream, moisturiser and face wash. abur India Executive Vice-President (Personal Care) Vikas Mittal said: “Initially, the ...




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