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Friday, November 26, 2004
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It is destination India for FDI, says Kamal Nath
NEW DELHI, NOV. 25.India's lure as a destination for foreign investors appears to have improved considerably as foreign direct investment (FDI) flows have risen by nearly 70 per cent to $2.38 billion in the first six months of the current ...

CII summit opens with Premji's prescription for quality
BANGALORE, NOV. 25. The Confederation of Indian Industry's (CII) 12th annual quality summit opened here with some five prescriptions for quality that kept Azim Premji, Chairman of Wipro, and his company in good stead. Mr. Premji, whose company ...

Infrastructure sector clocks 4.6 p.c. growth
NEW DELHI, NOV. 25.The infrastructure sector continued to grow at a moderate rate of 4.6 per cent in October, bringing the overall growth in the first seven months of the current fiscal to 5.9 per cent. Growth in these six core industries — ...

Gold shoots up
MUMBAI, NOV. 25.Gold prices continued to rise on the bullion market here today and Standard gold (99.5 purity), after breaking all previous records, closed at a new historic high of Rs. 6,700 per 10 grams due to heavy stockists' buying in line ...

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Match industry's plea
SATTUR: The increase in price of match wax, an important raw material for match production, has affected the industry, the Sattur Chamber of Commerce and Industries has said. In a statement, it general secretary, P. T. K. A. Balasubramanian, said ...

UTI Mutual pays dividend
CHENNAI: UTI Unit Scheme for charitable and religious trusts and registered societies has announced a dividend of 2.42 per cent (Rs. 2.42 per unit on a face value of Rs. 100). The record date is November 24, according to a release. ...

IndusInd opens 70th branch
CHENNAI: IndusInd Bank has opened its 70th branch at Adyar. According to a release, this is the third branch of the bank in Chennai. In Tamil Nadu, the bank has 16 branches. It will be opening branches in Coonoor, Salem and Namakkal in Tamil Nadu ...

Delhi school order for Aptech
NEW DELHI: SSI Education, a division of Aptech, has bagged a Rs. 88.73 crore order from the Directorate of Delhi Schools to provide IT training in 696 schools in the National Capital Region (NCR). Aptech will provide 1,800 trained faculty and 700 ...

World Phone offers cheap Internet calls
NEW DELHI: World Phone Internet Services, an all-India category `A' Internet Service Provider (ISP) on Wednesday announced its corporate VoIP (voice over Internet protocol) package that will allow customers to place unlimited calls to the U.S. ...

Shipping Corporation pays dividend
NEW DELHI: Shipping Corporation of India (SCI) on Wednesday paid an interim dividend of 40 per cent, amounting to Rs. 90.47 crores, for 2004-05 to the Government. SCI has posted the highest ever cumulative profit of Rs. 529 crores for the first ...

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