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    Bajaj Auto plans to launch 3 scooters
    Net profit at Rs. 767 crs.; pays 250 p.c. dividend

    Reva unveils next generation car
    Pricing of the new car yet to be finalised

    `Intelligent' system will track down tax evaders, says Chidambaram
    In certain cases, search and seizures will be resorted to

    FM launches e-payment of indirect taxes
    The main feature of the new facility is the flexibility in timing

    Sensex recovers early losses
    MUMBAI: The Sensex on Wednesday recovered most of the early losses but failed to land in the positive terrain and eased moderately by 9.58 points to close at 6445.13 on the Bombay Stock Exchange on increased selling following weak global ...

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    Barometer


    Briefly
    Satyam ADS priced at $21.50
    HYDERABAD: Satyam Computer Services announced pricing of its sponsored second offering of 13.04 million American Depository Shares (ADSs), representing 26.09 million equity shares at the rate of $21.50 per ADS, according to a press release issued ...

    FDI in retail under discussion stage
    NEW DELHI: The proposal to throw open retail trade to foreign investors is still in the `discussion stage,' the Finance Minister, P. Chidambaram, said on Wednesday in the wake of stiff opposition by the Left parties to the liberalisation move. ...

    Strides Arcolab's pact with U.S. firm
    MUMBAI: Strides Arcolab has signed a license agreement with the U.S.-based KV Pharmaceutical Company for exclusive marketing rights in the U.S. and Canada for ten new generic drugs. KV Pharma will also make an investment of $11.3 million through ...

    HDFC AMC ups stake in TV 18
    MUMBAI: HDFC Asset Management Company (AMC) has increased its stake in Television Eighteen Ltd (TV18) to 7.3 per cent through market purchase between January 17, 2005 and May 6 by its various schemes, the mutual fund informed the National Stock ...

    Sun Micro to acquire Tarantella
    NEW DELHI: Sun Microsystems will acquire the California-based software firm, Tarantella Inc, in a $25 million all-cash deal. The two companies on Wednesday announced that they had entered into a definitive agreement pursuant to which Sun will ...

    Central Bank launches scheme
    COIMBATORE: Central Bank of India, in association with Life Insurance Corporation of India, has launched housing loan scheme with life insurance cover equivalent to the amount of outstanding loan. Home loan borrowers will have the option of ...

    Productivity award for Suguna
    COIMBATORE: Suguna Poultry Farm has received the National Productivity Award for 2003-04. It has bagged the award for eight successive years and its Joint Managing Director, G. B. Sundararajan, received the award from the Union Minister for ...

    Shasun Chemicals pact with Codexis of U.S.
    CHENNAI: Shasun Chemicals and Drugs has signed an agreement with Codexis of the U.S. for manufacturing and supplying a pharmaceutical intermediate for a generic drug. Under the terms of the agreement, Shashun will manufacture the pharmaceutical ...

    Software for TV channel operations
    CHENNAI: The Mumbai-based software solutions provider for the advertising and media industry, Mediaware Infotech, has launched TMW Version 4.0.0, an automated software for television channel operations. Biswajit Das, CEO, Mediaware, told ...

    Canadian Crystaline launches desalination plant
    CHENNAI: Canadian Crystaline Waters (India), has introduced a desalination plant, capable of producing 1,000 litres an hour through its Indian subsidiary. According to a release, the cost of filtered water works out to six paise a litre. The ...

    ColdWatt opens India development centre
    BANGALORE: The Texas-headquartered ColdWatt has set up an India Development Centre in Bangalore to commercialise power conversion technologies developed by the aerospace R&D lab Rockwell Scientific Company. ColdWatt makes AC/DC and DC/DC power ...

    Award for Midas Tech
    NEW DELHI: The Union Finance Minister, P. Chidambaram, on Wednesday presented the national award for commercialisation of indigenous technology to Midas Communication Technologies. The company in collaboration with IIT, Chennai, developed ...

    Seven Hills secures Canadian contract
    HYDERABAD: Seven Hills Business Solutions has secured a contract from Federal Marine Terminals (FMT-Canada), a subsidiary of Fednav Limited, to provide an integrated cargo management system to handle operations at all nine facilities operated by ...

    BenQ to set up R&D centre
    MUMBAI: Taiwanese IT company, BenQ Corporation, plans to set up a research and development centre here for designing software programmes for mobile phones. According to the Chairman and CEO, K. Y. Lee, the company had invested over $150 million ...

    BPL Mobile to expand in Kerala
    KOCHI: BPL Mobile has plans to add more than 50 base stations across Kerala during the next two months, said G. Sambasivan, chief operating officer, here on Wednesday. It is also planned to focus on enhancing the capacity in existing towns of ...

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