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Friday, December 16, 2005

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    Draft recommends rationalisation of fuel pricing
    `Pricing plays a major role in the choice of fuel and the form of energy consumed'

    Systemic failure in Yes Bank IPO
    SEBI suspends 13 entities from participating in capital market till further orders

    Reliance fund with debit card facility
    The minimum investment in the fund is Rs. 500

    Tata Steel to buy Thai steel firm
    Total deal will involve an outlay of $175m

    Sensex drops further
    MUMBAI: Correcting further downwards, the Sensex on Thursday plunged by another 71 points in highly volatile trading and closed at 9170.40 on the Bombay Stock Exchange due to sustained heavy sell-off in the form of profit-taking. The BSE's ...

    Other Stories


    Global cable consortium selects VSNL
    MUMBAI: Videsh Sanchar Nigam Ltd. (VSNL) has been chosen as the network administrator for one of the world's largest and sophisticated trans-continent cable systems, SEA-ME-WE4 (South East Asia-Middle East-Western Europe). The SEA-ME-WE4 ...

    Business team to visit China
    CHENNAI: The Hindustan Chamber of Commerce proposes to organise a business delegation to China to coincide with the Canton Fair to be held in April 2006. The ten-day mission, expected to cost about Rs. 75,000 per member, will be of particular ...

    Oracle to resell I-flex Reveleus Basel II solution
    CHENNAI: Oracle has announced that it would resell I-flex solutions', Reveleus Basel II solution. According to a release, the solution enables institutions to address evolving regulatory initiatives, such as Basel II at present being adopted by ...

    Sun Microsystems partners PNBIIT
    CHENNAI: Sun Microsystems India has announced its tie-up with Punjab National Bank Institute of Information Technology, an IT training institute for the banking, insurance and finance sectors, to set up a Java and Solaris Centre for Excellence in ...

    Travel House bags award
    CHENNAI: Anil Bhandari, Managing Director, International Travel House, received the `India's best travel agency award' on behalf of International Travel House, from TTG, Asia at an event held in Thailand recently, says release. International ...

    Takes over as President of ITMA
    CHENNAI: P. S. Jagdish, Director of the Chennai-based Indo Tech Transformers has been elected President of the Indian Transformers Manufacturers Association (ITMA) for 2005-06. ITMA has over 150 members representing 90 per cent of the total ...

    Adesh Gupta appointed Chairman of FDDI
    CHENNAI: The Ministry of Commerce and Industry has appointed Adesh Gupta, Chief Executive Officer of Liberty Shoes, as the Chairman of the Footwear Design and Development Institute (FDDI) under the Commerce Ministry. ...

    Bill to amend CST Act
    NEW DELHI: The Union Government on Thursday introduced a bill in Lok Sabha to provide operational flexibility and smoothen the functioning of the Central Sales Tax Appellate Authority and provide more time to traders to file appeals. ...

    Govt to invite bids from FIs for Maruti
    NEW DELHI: The government will invite expression of interest from financial institutions for selling a part of its remaining stake in Maruti Udyog Limited next week, sources told PTI. ...

    Torrent Pharma bonus, stock split
    CHENNAI: The directors of Torrent Pharmaceuticals have approved a proposal to split the face value of equity shares of the company from Rs. 10 to Rs. 5. The directors have also approved issue of bonus shares in the ratio of one share for every ...

    Nagarjuna Construction GDR priced at $5.11
    HYDERABAD: Nagarjuna Construction Company has announced that its $105 million (equivalent to Rs. 479 crore) global depository receipts (GDR) issue has been successfully priced at $5.11 (Rs. 233) each. The GDRs will be traded on the Euro MTF ...

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