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Friday, March 18, 2005
TRAI kicks off ADC review
NEW DELHI, MARCH 17. In less than two months of the new levy regime that resulted in financial loss of about Rs. 1,700 crore annually to the two public sector undertakings BSNL and MTNL the Telecom Regulatory Authority of India ...
Global NGOs tell G-20 to resist pressures
NEW DELHI, MARCH 17. On the eve of the two-day Group of 20 ministerial meeting, civil society groups have urged the alliance of developing countries keep "a strong position" on all pillars of the agricultural negotiations. The G-20 is meeting ...
Great Eastern Hotel staff put on notice
KOLKATA, MARCH 16.The ailing Great Eastern Hotel (GEH), billed as the country's oldest running hotel, is getting a fresh coat of paint. At about the same time, its 430-odd employees are facing a bleak future with the Government flinging at them ...
Sensex tumbles on soaring oil prices
MUMBAI, MARCH 17.Soaring crude prices and negative FII (foreign institutional investors) activity today sent the Sensex tumbling by 77 points during the last one hour on the Bombay Stock Exchange even as global markets witnessed a meltdown. ...
UTV lists on bourses
MUMBAI, MARCH 17. UTV Software Communications today listed at Rs. 165 on the Bombay Stock Exchange and closed at Rs. 168.50, a premium of 29.62 per cent. On the National Stock Exchange it closed at Rs. 150 at a premium of 15 per cent. UTV shares ...
Glenmark arm buys brand
MUMBAI, MARCH 17. Glenmark Farmaceutica Ltd. (GFL), the wholly-owned Brazilian subsidiary of Glenmark Pharmaceuticals Ltd. (GPL), has purchased a leading hormonal brand, Uno-Ciclo from Instituto Biochimico Industria Farmaceutica Ltd. (Biochimico) ...
Satyam opens Hungary centre
NEW DELHI, MARCH 17. Satyam Computer Services today opened a development centre in Hungary which took the number of delivery centres of the company to 20. The Hungary centre is located on a 6,000 sq. ft. within the Info Park campus in Budapest ...
NEW DELHI, MARCH 17. Coca-Cola India has kicked-off its summer campaign in style, lining up a slew of advertising campaigns and bringing back actor Aamir Khan in a new TV commercial. "Our association with Aamir Khan continues and he will be back ...
Textile exporters' plea on duty drawback
COIMBATORE: Representatives of different segments of the textile industry here have sought restoration of duty drawback rates on ad valorem basis for textile products. They made this appeal in a meeting here today with members of the committee ...
Xilinx creates 12 IP cores
HYDEBARAD: The India Development Centre of Xilinx of the U.S., operated by CMC in Hyderabad, has successfully created 12 Intellectual Property (IP) cores in the first year of operations. With 30 professionals (against 1,000 globally), the ...
Mukand pays Rs. 162 cr. to UTI Asset
MUMBAI: Mukand has paid Rs. 162.32 crores to UTI Asset Management Private Ltd under the one time settlement (OTS) scheme. The amount was paid towards full and final settlement of outstanding principal and interest amount of Rs. 270 crores, ...
Workshop on packaging
CHENNAI: The Indo-Australian Chamber of Commerce is organising a one-day workshop on "packaging for successful exports" on March 18 in Chennai. H. B. N. Murthy, an internationally known authority on packaging and a fellow of food and agricultural ...
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