With assets under management of Rs 3,721.63 crore as of April 2008, the project has been completed by HSBC Securities Services in a record time of two months, a bank release said here. "This mandate is in line with the
The majority stake has been acquired by Educomp at a cost of USD 24.5 million, which included the purchase of existing shares as well as an infusion of new capital into the company, it said in a release here. Founded
The unit would come up on the premises of survey of Medicinal Plants and Collection Unit of the council and manufacture drug for diseases like ulcer, skin diseases, Dr Paul Lenin, scientific advisory committee member in the Ministry told reporters
The fall in revenues attributed to the impact of higher rebates to insurance, pricing pressure and supply constraints for larger part of the year. Satish Reddy, Managing Director and COO, DRL told reporters here that similarly the profit was also
The Floor Space Index of the G block of the Bandra Kurla Complex has been increased to four in a decision taken ten days ago," Principal Secretary for Urban Development Department T C Benjamin said. The Urban Development Department will
We will be investing Rs 25.60 crore to strengthen the R&D facility at our Grantlayon plant besides getting MHRA certification," Bafna's Chairman and Managing Director, Bafna Mahaveer Chand, told reporters here. To fund its plans, the company proposes to come
The Indian patented device is useful in destroying eggs, larvae, pupae an adults of stored insects like paddy moth, paddy grain borer, cigarette beetle, floot beetle and rice moth, a TNAU release said today. It would even destroy eggs of
The objective of the fund is to generate long-term growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services, a release said here. The new fund offer priced at Rs
Leading wind turbine player Suzlon Energy is mulling the sale of part of its stake in REpower. Suzlon Energy is the major shareholder in the German turbine maker, with almost 33.6%.
There is finally some cheer for the top managements of state-owned banks and insurance companies. The chiefs and executive directors of these firms have seen their annual packages double thanks to the substantial annual performance bonuses for 2006-07.
The country's largest cement manufacturer by capacity, ACC Ltd, said on Tuesday that it could increase prices once the three-month voluntary freeze by the industry expires.
Is a ticket for an Indian Premier League T-20 match the same as donating money to a trust working for the poor? That's a Rs 1,200-crore question. And the Board of Control for Cricket in India thinks the answer is
UshaComm India, a leading provider of convergent billing and business supporting system solutions for the telecom industry, has bagged a $2million contract from Nepal Telecom to provide customer care and billing solutions.
A KPMG survey of BRIC countries, involving 1,400 service sector respondents, has revealed highest confidence among the service sector in India with 60% of the Indian firms expect rise in activity, a few notches above than that of China, and
The Jharkhand government is eager to save Jharkhand Cooperative Flying Club Ltd, the only cooperative sector flying club in India that claims Ratan Tata and Russi Mody to be its founder members.
Weakness in Asian and European markets also contributed to the fall. The 30-share index moved in a range of 17,367.13 and 17,136.26 before concluding the day at 17,230.18, a fall of 204.76 points or 1.17 per cent over the previous
Satyam Computer Services increased 1.32 per cent to close at Rs 494.60 after reaching an intra-day high of Rs 496.60. More than eight lakh shares of the company changed hands. The scrip of leading auto maker Tata Motors gained 1.28
The overnight call money rate opened lower at 6.75 per cent from previous close of 8 per cent and dropped further to settle the day at 6 per cent. The 8.24 per cent government security maturing in 2018 declined further
Following are interbank forex and RBI rates (in rupees per unit) unit interbank RBI reference u.S.Dollar 42.60/61 U.S.Dollar rs.42.67 Pound sterling 83.66/68 Euro 66.39 Euro 66.66/68 Japanese yen (100) 40.95/97.
