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Friday, March 03, 2006
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India to take part in Future Gen project
Place for India in steering committee

CEOs forum moots $5 b fund
NEW DELHI: Identifying six sectors, including biotech and manufacturing, for deepening Indo-U.S. economic relations, top CEOs from the two countries on Thursday mooted creation of a $5 billion fund to boost infrastructure development. The CEOs ...

India, U.S. tie-up in oil, coal and nuclear energy
MoU on offshore drilling for gas hydrates is ready

Sensex touches 10,700-mark
MUMBAI: Driven by increased liquidity, select key stocks on Thursday sustained the post-budget rally lifting the benchmark Sensex past the 10,700-mark to touch another new record high of 10,706.22 in volatile trading as institutional investors ...

China's airport building gathers pace
Beijing airport's Terminal-3 will be ready in three years

Peru seeks GI protection for Pisco in India
First application filed by a foreign country

Other Stories



Barometer


Briefly
RCoVL to start trading on March 6
MUMBAI: Anil Ambani-controlled Reliance Communication Ventures Ltd (RCoVL), which has secured the stock exchange's approval for listing, will start trading on the bourses on March 6. RCoVL will be the last of the four demerged entities of ...

IOC parts with GAIL stake
NEW DELHI: The Indian Oil Corporation on Thursday sold half of its stake in GAIL (India) Ltd for Rs. 561.54 crore to repay debts and raise money for expansion plans, a top company official said. ...

More banks can import gold
MUMBAI: The Reserve Bank of India has enlarged the list of banks authorised to directly import gold and has invited applications from eligible banks. The central bank said that it would apply the eligibility criteria liberally while considering ...

Hyundai reduces car prices
NEW DELHI: Hyundai Motor India Ltd (HMIL) on Thursday made a formal announcement about a price cut up to Rs. 26,000 on all its locally produced models in wake of the reduction in excise and custom duties. The price cut on its flagship car Santro ...

UAE bank applies for new branches
DUBAI: Abu Dhabi Commercial Bank (ADCB), the leading financial institution of the UAE, has sought permission from the Reserve Bank of India to open 10 new branches in ...

Pfizer announces 100 per cent dividend
CHENNAI: Pfizer has announced a dividend of Rs. 10 per share (100 per cent) for the year ended November 30, 2005. The company has posted a net profit of Rs. 68.12 crore during the year under reference as compared to Rs. 45.52 crore on a total ...

FHCL launches `Alive' filter coffee powder
CHENNAI: Fresh and Honest Café Limited (FHCL), a member of Sterling Infotech group, has announced the launch of `Alive' filter coffee powder in Tamil Nadu. The success of the company's coffee vending division has led to its foray into the ...

Sanmar group sheds stake in India Cements
CHENNAI: N. Sankar-led Sanmar group has decided to further shed its holdings in India Cements Ltd. Three investment arms of brothers N. Srinivasan and N. Ramachandran will buy 80 lakh shares of the company from Stargate Investments Ltd., an ...

HCL Tech ties up with Cisco
MUMBAI: HCL Technologies on Monday said it has tied up with the U.S.-based Cisco Systems, a global leader in networking space, for its Royalty model. Under this model, Cisco has licensed the company the Intellectual Property (IP) for one of its ...

L&T, Lurgi, KQKS consortium bags $345 m order
MUMBAI: Larsen & Toubro, Germany-based Lurgi AG and Malaysian construction company, KQKS, have bagged an order worth $345 million from Petronas Penapisan (Melaka) Sdn Bhd for building a lube oil plant. Out of the total consideration for the ...

Gillette India pays Rs. 10 per share
CHENNAI: Gillette India has recommended a dividend of Rs. 10 per share. The payment in 2004-05 was Rs. 8.50 per share. The company has registered a net profit, after provision for tax of Rs. 14.95 crore for the quarter ended December 31, 205 ...




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