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Friday, December 03, 2004
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Bata hopes to do better
NEW DELHI, DEC. 2.Bata India will post net profit in 2005 and wipe out entire accumulated losses in the next two years besides introducing a voluntary retirement scheme as part of strategy to become a leaner organisation. The footwear firm ...

Other Stories



Barometer


Briefly
Hewlett Packard stays ahead
NEW DELHI, DEC. 2.Hewlett Packard has once again emerged leader in various consumer product categories, according to the latest quarterly results of the International Data Centre (IDC). HP not only captured 75 per cent market share in the ...

MSN updates services
NEW DELHI, DEC. 2.The MSN network of Internet services today introduced updates to its free communication services to make e-mail, instant messaging and online sharing easier and more personal for consumers. The updates include a beta version of ...

Crude futures below $45
LONDON, DEC. 2.Crude oil futures fell below $45 a barrel on Thursday, after surprisingly healthy U.S. inventory data eased fears about a supply crunch over the Northern Hemisphere winter. Analysts said the sell-off through key support levels ...

BPL Mobile reshuffles heads
COIMBATORE: BPL Mobile on Thursday announced a major realignment of top management portfolio's in the south in which K. A. Mohammed Saleem is set to take over as the Chief Operating Officer (COO) for South, that is, Tamil Nadu and Kerala circles. ...

Central Bank organises exporters meet
CHENNAI: The Central Bank of India has organised an exporters meet to benefit those in Tamil Nadu, Kerala and Pondicherry. Presided over by S. S. Suresh, General Manager (International Division), Mumbai, the meeting held in Chennai, outlined the ...

ObjectFrontier solution for IOB
CHENNAI: ObjectFrontier has launched instant message based foreign exchange workflow engine in collaboration with Indian Overseas Bank. This web-based solution helps inter-branch communication, information and transaction exchange for the ...

Dewan Housing hikes retail PLR
CHENNAI: Dewan Housing Finance Corporation has hiked the retail prime lending rate upward by 50 basis points with effect from December 1. The rate of interest for the variable rate home loans will increase by half percentage point per cent for ...

Satyam collaborates with G-Log
HYDERABAD: Satyam announced a service and technology partnership with G-Log, a global transportation and logistics solution provider, here on Thursday. Satyam officials said this alliance would help strengthen their presence in supply chain ...

Festo unveils Expotainer
BANGALORE: Festo, a 1.2 billion Euro company and worlds leading brand for pneumatic components and systems, unveiled on Thursday, `Expotainer', a custom built fully equipped display vehicle built on Volvo chassis, to educate the industries ...

Corporation Bank hikes NRE deposit rates
MANGALORE: Corporation Bank has increased interest rates on NRE deposits with effect from December 1, 2004, a release said. The interest rate offered for a period of one year and to less than two years is 3.50 per cent per annum (previously three ...

National Insurance, Birla SunLife tie-up
KOLKATA: The National Insurance Company has signed a memorandum of understanding with Birla SunLife to offer packaged insurance solutions covering the areas of life and non-life risks. A joint press release said initially popular plans like ...

Honda Siel Cars introduces CR-V
KOCHI: Honda Siel Cars have launched its new CR-V in Kochi. The new car embodies the highly advanced 2.4 litre i-VTEC engine for increased power, and a new manual five speed transmission has also been introduced in response to customer feedback, ...

Perfect Home opens showroom
KOLLAM: Perfect Home, the showroom of the furniture and interiors group of Godrej and Boyce Ltd., was inaugurated here on Wednesday. The company's Kerala Manager, G. Venugopal, said comfortable, durable, attractive and value for money home ...

ICFAI College to expand operations
KOCHI: As part of its efforts to reach even smaller towns in the State, ICFAI National College plans to open six more colleges in Kerala soon. The new colleges would be opened in Alappuzha, Kollam, Aluva, Pathanamthitta, Kannur and Palakkad, says ...

Federal Bank raises NRE deposit rates
KOCHI: The Aluva-based Federal Bank has increased the interest rates on NRE term deposits with effect from December. The revised rates are three point five per cent for a term of one to two years, 3.90 per cent for less than three years and 4.20 ...

Furniture showroom
KOCHI: Damro has opened the largest furniture showroom in the State at Edapally in Kochi. It has 15,000 sq. ft. spread over three floors. The showroom was inaugurated by Anil James and first sale by Shija Anil in the presence of Nalin Ranathunga, ...



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