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Friday, November 25, 2005

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ICICI Bank's public offer for Rs. 5,000 cr.
Retail bidders to get 5 p.c. discount on issue price

India signs MoU with Turkey in oil sector
Turkish companies to be allowed to bid for NELP rounds

FDI clearance for Coke, Vodafone, Rabobank
Mothercare allowed to set up a wholly-owned subsidiary

IDBI plans foray into life insurance sector
Launches online investment portal through subsidiary for speedy transactions

Other Stories


Consultant for auto-testing project
NEW DELHI: The Central Government has finalised Spain's IDIADA as a consultant for the Rs. 1,718 crore National Automotive Testing and Research and Development Infrastructure Project (NATRIP), sources told PTI. ...

Nokia bags Rs. 635 cr. BSNL order
NEW DELHI: Finnish telecom major Nokia has bagged a Rs. 635 crore ($141 million) network expansion order from Bharat Sanchar Nigam Limited (BSNL) for its northern region mobile operations, besides the Rs. 1,270 crore initial GSM/EDGE and GPRS ...

TRAI seeks DTH help
MUMBAI: Unable to achieve the targeted 30 lakh broadband subscriber base this year end, the Telecom Regulatory Authority of India (TRAI) is looking forward to Direct to Home (DTH) service providers to begin broadband services, TRAI Advisor ...

S. K. Poddar new FICCI chief
NEW DELHI: Saroj Kumar Poddar, Chairman of Gillette India Ltd., has become the President-elect of the Federation of Indian Chambers of Commerce and Industry (FICCI). He will take charge at the conclusion of the 78th Annual Session to be held next ...

General Motors cuts spare parts prices
NEW DELHI: General Motors India on Thursday announced reduction in prices of critical spare parts of two of its best selling models, Chevrolet Optra and Tavera, by 26-52 per cent. The spare parts whose prices have been cut include, front strut ...

Kingfisher launches `Power Flyer' offer
NEW DELHI: Private carrier Kingfisher Airlines is launching `Power Flyer' initiative for frequent corporate air travellers. Under this offer, all a traveller has to do is take a same day return flight between Mumbai, Bangalore, Delhi or Kolkata ...

Siemens pays 100 per cent final
CHENNAI: Siemens has recommended a final dividend of 100 per cent (including a 55 per cent special dividend) on equity shares which together with the interim dividend of 45 per cent paid in May 2005, makes a total dividend of 145 per cent for ...

Vercom launches document management products
HYDERABAD: Vercom India, a branch of Vercom Software of the U.S., has introduced "Gargantua" and "Star Jet" products, which provide solutions for complete automated document management. The products of Siatel and Appic companies from France, ...

Toyota vehicle sales cross two lakh mark
BANGALORE: Toyota Kirloskar Motor has recently rolled out its 200,000th vehicle from its production facility in Bidadi, Bangalore. According to a release, the first one lakh vehicle sales were achieved in four years (1999-2003). The second one ...

Accenture launches Training Academy
BANGALORE: Global management consulting, technology services and outsourcing firm Accenture has launched a Training Academy, in collaboration with Jamshedpur-based Xavier Labour Relations Institute (XLRI) School of Management to cater to the ...

Ion Exchange Services opens office
TIRUPUR: The water and wastewater treatment solution provider, Ion Exchange Services has opened its 17th branch in Tirupur at 2/120, RVE Layout, First Street, Thennampalayam, Tirupur 641 604 (Telephone: 9345744779) recently. Its Director and ...

Vardhman Poly signs MoU with Austrian firm
Vardhman Polytex has entered into a memorandum of understanding (MoU) with F. M. Hammerle of Austria for participating as equity partner in a new joint venture company to be incorporated for the purpose of textile ...

Nicholas Piramal bags order
Nicholas Piramal India has signed a ten-year agreement with a large global hospital products company for manufacturing and supplying select hospital care products. The products will be produced at its USFDA approved facilities at Digwal in Andhra ...

Opto Circuits to raise Rs. 100 cr.
Opto Circuits, makers of healthcare electrical instruments, will raise Rs. 100 crore through a public offer of equity shares. The board has given its nod to the ...

Tata Chem to take stake in U.K. firm
Tata Chemicals has signed two separate agreements with the U.K.-based company, Brunnner Mond Group, for acquiring a majority stake in it. The investment will be made directly or through a ...

Matrix Lab to invest $18 m in Chinese firm
Matrix Laboratories has decided to invest $18 million in shares of China-based MChem Pharma Group and its subsidiaries by seeking approval of its shareholders through postal ballot at the extraordinary general meeting to be held on December 19. ...

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