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Saturday, January 27, 2007
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StanChart sells Indian MF business to UBS
The $120 m deal does not include bank's MFs distribution business

ING Vysya Bank to support SMEs
The bank bets on four focus areas

Cost hike impacts TVS Motor's profit
Three new projects on schedule

Decision on oil blocks soon
Issue to come up before Cabinet; maximum blocks for ONGC

Board nod for buying IFFCO stake in GFCL
Coromandel net profit at Rs. 86 cr. in April-Dec.

Amtex to foray into BPO
CHENNAI: Amtex Systems Inc., an IT consulting and services company, has decided to enter the business process outsourcing (BPO) space. As part of this new strategy, the company has set up a 300-seat facility in Chennai and proposes to invest Rs. ...

Coal Ministry charts roadmap for CIL in XI Plan
Coal India to invest Rs. 15,600 cr. in 2007-11

Other Stories



Briefly
Mastek to invest Rs. 300 cr. in Chennai centre
CHENNAI: Mastek has launched its operation in Chennai. The company has acquired 15.5 acres of land at Mahindra City, Chennai. It will initially commence its operation in Chennai with a team strength of 75 professionals. It is planning to invest ...

Hindustan Copper net profit zooms
KOLKATA: Hindustan Copper has posted a 389 per cent increase in net profit after tax on an 83 per cent increase in sales turnover in the third quarter of 2006-07. The net profit for the quarter under review stood at Rs. 131.60 crore while sales ...

Farmax to venture into retail segment
HYDERABAD: Farmax Health and Food Products Pvt. Ltd., operating in the fast moving consumer goods segment, is planning to open outlets in different districts of Andhra Pradesh with an investment of Rs. 100 crore. Speaking to reporters here on ...

IHS to strengthen Bangalore operations
BANGALORE: IHS (Information Handling Services), a leading U.S.-based global consultancy and technical information provider on energy and engineering services, has decided to strengthen its operations in Bangalore. Disclosing this to reporters in ...

Allahabad Bank to open branch in Hong Kong
KOLKATA: Allahabad Bank will operationalise by February its first overseas branch being set up in Hong Kong. Bank Chairman A. C. Mahajan said all formalities had been completed in this regard. Addressing a press conference here on Wednesday he ...

Deccan Aviation net at Rs. 10 cr.
BANGALORE: Deccan Aviation has posted a turnover of Rs. 637 crore and a net profit of Rs. 9.64 crore for the second quarter ended December 2006. The net profit, however, is arrived at after taking into account the infusion of $30 million (Rs. ...

B. Braun to inaugurate factory on Jan. 30
CHENNAI: B. Braun Medical [I] Pvt. Ltd., a leading company in the healthcare market, is all set to launch its new production facility at Mahindra World City, Chengalpattu, near Chennai on January 30. The plant is an advanced development and ...

ISA Vision Summit 2007
CHENNAI: The India Semiconductor Association (ISA) is set to hold its second international business conference for the semiconductor and electronics industry, the ISA Vision Summit 2007. It is the only event of its kind in the region and aims to ...

HDFC Standard opens regional office
COIMBATORE: HDFC Standard Life Insurance opened its regional office here at Indsil House, TV Samy Road, R. S. Puram, recently. Paresh Parasnis, General Manager (Operations) of HDFC Standard Life, inaugurated the office. The company recorded a ...

Bilcare partners Honeywell
CHENNAI: Bilcare, a research-based pharmaceutical packaging solutions company, has announced regional developmental collaboration with Honeywell's specialty films business to provide high-barrier packaging solutions for the pharmaceutical ...




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