Advertisement : Maui Jim Sunglasses unveils summer collection in Indian market ( See 'Product Gallery') | VeriSign and AVG announce Integration of VeriSign Trust™ Seal within AVG LinkScanner® Search Results ; Integrated Offering Helps Consumers Easily Identify Trustworthy Sites When Searching the Web ; VeriSign and AVG Announce the Integration of VeriSign Trust™ Seal within AVG LinkScanner® Search Results | Winjit Technologies Improves Payroll Processing Efficiency with Sage Pocket Payroll. | Seagate ships world's highest capacity , most reliable small form factor enterprise drive the Vavvioo 10k hard drive | Blue Coat Introduces Professional Services Partner Program | Unique 360 degree Promotional & Advertisement Platforms from India Core | | Price conscious Indian wants more in a small car | Reach out to key decision makers in the Indian Power & Energy Sector | News Flash : Groundwater in 33% of India undrinkable ; iron , fluoride, salinity, arsenic beyond toleance levels in many districts : Govt | Build solid banking before moving on CAC : ASSOCHAM-PwC ( See 'Banking') | I & B ministry slaps 10-day ban on FTV |Fortis buys 24% in Singapore healthcare giant | MCA designing e-form under MCA-21 to enable corporate to file corporate social responsibility report online: Secretary | Bonus season over , job churn begins at i-banks ; contributions by Indian firms with over 50% foreign holiday holding to be treated as foreign sources' | Govt is ready with Bio-technology Regulatory Authority Bill | Govt rejects relaxing foreign donations rule | Natural Gas transportation: Govt authorises nine new trunk pipelines | I-T - assessee claims deduction u/s 80HHC on DEPB - Held, in view of decision of Special Bench in case of Topman Exports, matter is remanded to AO for fresh adjudication | Car prices set to rise again , courtesy steel | Govt prohibits transmission of FTV Channel for nine days | Indo-USA DTAA - applicant joins hands with University of Texas to commercialise Indian innovations in global market - FTS under Art 12.4 - Orientation towards business and inculcation of entrepreneurial outlook do not amount to 'making available' technical knowledge - No TDS u/s 195: Advance Ruling | Bharti AirTel gets into digital media business | Astrazeneca in supply deal with Torrent Pharma | Condonation of Delay - In peculiar circumstances of case, offer made to Revenue to accept a remand by directing appellant to make pre-deposit as department would get a portion of revenue - since DR not interested, application rejected: CESTAT | Order of original authority saying that a provision of law which was in existence did not exist cannot be sustained even for a moment - Appeal allowed by way of remand: CESTAT | Bosch may declare lockout in Bangalore plant, too ; nearly 3,100 employees at the company's main plant are on a go-slow strike | India to be among top 5 markets : Domino's | Bahamas signs tax information exchange pact with seven Nordic economies | Wealth Tax - Assessee owns four sites - shows same as stock-in-trade - WTO rejects - Held, although it is stated in assessment order that value is adopted on basis of Sub-Registrar's valuation but details not provided to Assessee for rebuttal - remanded | President appoints four full-time Judges for Bombay HC | GSPC IPO set to hit capital market by May | DoT worried over Pitroda panel suggestions on BSNL | Vigilance cases against All India Service Officers up in 2009 | XLRI's highest global offer at Rs 60 lakh this year | Income Tax - 'plant and machinery' which includes ship or vessel has been supplied on hire for being used in prospecting operation - second limb of Sec 44BB clearly attracted: Advance Ruling | Home Ministry to relax rules for foreign scholarships | Good news for CBEC - FM gives nod to proposal for 'de-freezing' SIXTH Member-post for Board; File moves to DoP&T | Food inflation slides to 17.81 per cent| Deemed credit on yarn/fibre under Notification 6/2002 CE(NT) is admissible to the non-composite mills procuring grey fabric: Delhi HC | Riots probe panel summons Modi | Modification of Electricity Act for Deemed Licensing to SEZ Developers | Women's BIll : Congress agrees to hold all-party meet | Exemption under Notfn. 21/2002-Cus - Imported Waste Paper allegedly not used for manufacture of newsprint - Extended period cannot be invoked because there may not be intention to evade payment of duty when appellant is eligible for benefit of such duty as Cenvat Credit: CESTAT | China inflation quickens as industrial output climbs | BP to pay Devon $7 billion for oil fields | Volcker rule gets lift in Senate amid reform talks | Hyderabad Airport withdraws fee increase application ; the airport levels Rs 1,000 for each international passenger | Reliance Delhi power discoms want hefty rise in rates | Bombardier to open support office in Mumbai |Tax holiday deadline extended for CWG hotels' project |Mukesh Ambani richest man second year ; 2 Indian women on Forbes list of world's billionaires | Sebi to notify smelting guidelines soon | S& P 500, Dow now on NSE | Highlights of amendments to Service Tax Act ( See 'Service Tax') | Market expects flurry of Internet IPOs | NMDC FPO gets poor response on day one | President appoints four full-time Judges for Bombay HC | BSNL clears 30% divestment ; unions oppose move , even as the telco gets ready to offer voluntary r retirement | Thermax inks JV with US firm to make superciritical boilers | BoR withdraws move to induct Tayal as director | Vigilance cases against All India Service Officers up in 2009 | Bank of India raises fixed deposit rates | Income Tax - 'plant and machinery' which includes ship or vessel has been supplied on hire for being used in prospecting operation - second limb of Sec 44BB clearly attracted: Advance Ruling |Government borrowing not a huge challenge : Gokarn | SC raps S Tel for writing on pending matter |BPTP plans IPO in early 2010--11 | Good news for CBEC - FM gives nod to proposal for 'de-freezing' SIXTH Member-post for Board; File moves to DoP&T | More ministries raise concerns on NSC's FDI policy note | Deemed credit on yarn/fibre under Notification 6/2002 CE(NT) is admissible to the non-composite mills procuring grey fabric: Delhi HC | Seven Indian firms look at AIM to raise funds | Commerce Ministry to discuss 'outstanding issues' with FinMin | Modification of Electricity Act for Deemed Licensing to SEZ Developers | Exemption under Notfn. 21/2002-Cus - Imported Waste Paper allegedly not used for manufacture of newsprint - Extended period cannot be invoked because there may not be intention to evade payment of duty when appellant is eligible for benefit of such duty as Cenvat Credit: CESTAT | FIPB tightens norms for FDI in sensitive sectors | PM to ask Putin for N-fuel reprocessing tech; defence , space to top agenda | Women's reservation Bill fate uncertain as revolt brews in BJP | I-T - manufacturer exporter - deduction u/s 80-IB - foreign travel expenses - AO disallows 10% by attributing it to personal entertainment - Held, ad hoc disallowance without any basis is not valid | National Archives is 'ageing; to host lecture on 'what are Archives for' | Foreign funds pump in $2.4 billion in 2 weeks | Govt to conduct special drive for recruitment of 490 IPS officers by giving chance to junior officers from State and Central Police forces: Ajay Maken | Opt for short- term debt mutual funds : Expert | Govt mops up Cess revenue of Rs 3421 crore under Central Road Fund and Rs 10280 crore on petrol and diesel cess | Nuclear Liabilities Bill under cloud | Govt to conduct special drive for recruitment of 490 IPS officers by giving chance to junior officers from State and Central Police forces: Ajay Maken | States in one-upmanship on crop loan rates | RBI to amend rules to control NBFCs turning LLPs | Govt mops up Cess revenue of Rs 3421 crore under Central Road Fund and Rs 10280 crore on petrol and diesel cess | Mr V K Sreedhar joins as new Member of Authority for Advance Rulings (Income Tax) | Tata Sons buys Daimler's Tata Motros shares worh Rs 300 crore | Govt fixes Rs 150 per domestic pax and Rs 1000 per international pax as UDF for Jaipur airport; to notify separate corridor for helicopters at Delhi and Mumbai airports | Service tax excise duty to make home dearer | I-T - Sec 94(7) - investment in MF units - capital loss - AO disallows on ground that units are purchased within three months from record date and such losses to be ignored for purpose of computing income - held, issue is settled in favour of Revenue: ITAT | Women Reservation Bill: Seven Members from Rajya Sabha suspended for unruly behaviour; women go from home to house | Income tax - exports - assessee runs two units - incurs foreign travelling expenses - AO finds expenses were for promotion of Andhra unit but debited to Mumbai unit - apportions expenses on basis of turnover - No infirmity in AO's action: ITAT | Bosch declares lock-out in Bangalore plant | GE Healthcare ups India focus with CT facility | Relevant Date for Payment of Interest : Rule inconsistent with Act! + Failure under RTI Act - CE Officers may have to pay Rs 1 lakh Compensation

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FRIDAY MARCH 12 2010

 

TOP STORIES >>>>

 

 

BREAKING STORIES

NEW DELHI, MARCH 12 :
UNDP CHIEF HELEN CLARK MEETS INDIA'S PM

MUMBAI, MARCH 11 :
PMI- KPMG STUDY ON SUCCEESSS DRIVERS IN INRASTRUCTURE PROJECTS RELEASED

NEW DELHI,M ARCH 11 :
BUILD SOLID BANKING BEFORE MOVING ON CAC: ASSOCHAM- PwC

NEW DELHI, MARCH 10 :
'SENSITIZE PEOPLE TO ENTER CAPITAL M
ARKET'

NEW DELHI, MARCH 10 :
DOMESTIC TECHNICAL TEXTILES TOTAL VALUE LIKELY TO BE US$ 20 BLN: ASSOCHAM

NEW DELHI, MARCH 10 :
IL& FS TRANSPORTATION IPO OPENS ; PRICE BAND FIXED AT RS 242 - RS 258

MUMBAI, MARCH 08 :
ASIA- PACIFIC HAS ONE OF THE WORLD'S WORST GENDER BIAS

NEW DELHI, MARCH 08 :
WORLWIDE EXTERNAL-CONTROLLER- BASED DISK STORAGE MARKET DECLINED 8.6% IN 2009

NEW DELHI, MARCH 06 :
3-DAY INDIAN FURNITURE SHOW IN JODHPUR FROM MARCH 13

NEW DELHI, MARCH 06 :
WOMEN YELL NO GENDER BIAS IN PSUs , ARE AT EASE IN THEM

 

CORPORATE WATCH

NEW DELHI, MARCH 11 :
PNB OPENS NEW ARM AT MAYUR VIHAR PHASE -1 IN CAPITAL

MUMBAI, MARCH 11 :
DIALOG TELEKOM UNVEILS 'MUSIC STATION' BUILT ON GEODESIC'S MUNDU RADIO PLATFORM

MUMBAI, MARCH 11 :
MICROSOFT INDIA EMPOWERS YOUR COMPUTER TO INTERACT IN YOUR LANGUAGE

GENEVA – La Chaux de Fonds, MARCH 11 :
TAG HEUER CHOOSES IC-AGENCY FOR ITS SOCIAL MEDIA STRATEGY

NEW DELHI, MARCH 10 :
IL& FS TRANSPORTATION IPO OPENS ; PRICE BAND FIXED AT RS 242 - RS 258

NEW DELHI, MARCH 09 :
NMDC FPO OPENS TODAY ; FIXES PRICE BAND AT RS 300-RS 350

NEW DELHI, MARCH 09 :
KARBONN MOBILES SIGNS LONG- TERM SPONSORSHIP DEAL WITH IPL

NEW DELHI, MARCH 09 :
MAUI JIM SUNGLASSES UNVEILS SUMMER COLLECTION IN INDIAN MARKET

NEW DELHI, MARCH 09 :
PATEL ENGINEERING GETS GOVT NOD FOR COAL LINKAGE OF THERMAL PROJECTS

 

 

-


UNDP CHIEF HELEN CLARK MEETS INDIA'S PM

Thesynergyonline Economic Bureau

Helen Clark, UNDP Administrator, meeting Dr Manmohan Mohan Singh, Prime Minister of India, in New Delhi

NEW DELHI, MARCH 12 :
HELEN Clark, the Administrator of the United Nations Development Programme (UNDP), met with Dr. Manmohan Singh, the Prime Minister of India, the last day of her five-day official visit to India.

Miss Clark who was the Prime Minister of New Zealand for nine years before taking over as the chief of UNDP last year discussed how UNDP could enhance its partnership with India to foster human development and the achievement of the Millennium Development Goals (MDGs) globally through greater South-South cooperation in her meeting. >>>

PNB OPENS NEW ARM AT MAYUR VIHAR PHASE -1 IN CAPITAL

Thesynergyonline Banking Bureau

Mr Nagesh Pydah, Executive Director, PNB (on dias) alongwith Mr R.K.Dubey, GM, Delhi Circle of PNB and Mrs. Nirmal Mehta, Branch Manager on the occasion of inauguration of PNB's Mayaur Vihar, Phase-I branch in Delhi.

NEW DELHI, MARCH 11 :
PUNJANB
National Bank (PNB) as part of its strategy to expand customer base has opened its new branch with ATM facility here at Mayur Vihar Phase-1 which was inaugurated today by Mr Nagesh Pydah, Executive Director, Punjab National Bank..

Mr Nagesh Pydah informed on this occasion that the total business of the bank has crossed the figures of Rs.4,00,000 crore as on December 31 ,2009. >>>

PMI- KPMG STUDY ON SUCCEESSS DRIVERS IN INRASTRUCTURE PROJECTS RELEASED

MUMBAI, MARCH 11 : PROJECT Management Institute (PMI), a global association for the project management professionals released a study with leading professional services firm, KPMG titled ‘Study on Drivers for Success in Infrastructure Projects 2010’ on March 11, 2010, at a conference on “Project Management in Infrastructure Sectors” held in New Delhi today.

DIALOG TELEKOM UNVEILS 'MUSIC STATION' BUILT ON GEODESIC'S MUNDU RADIO PLATFORM

MUMBAI, MARCH 11 :
DIALOG
Telekom, SriLanka’s mobile carrier with over six million subscriber base, has adopted Internet Radio service called Music Station, built on Geodesic’s Mundu Radio platform for its subscribers.

BUILD SOLID BANKING BEFORE MOVING ON CAC: ASSOCHAM- PwC

NEW DELHI,M ARCH 11 :
INDIA
would need to work on sustaining its economic fundamentals over a period of time with a strong banking system before going ahead with the implementation of Capital Account Convertibility (CAC), says a joint study of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) & Pricewaterhouse Coopers (PwC).

MICROSOFT INDIA EMPOWERS YOUR COMPUTER TO INTERACT IN YOUR LANGUAGE

MUMBAI, MARCH 11 :
WITH
over 33 major languages and 1652 dialects, India is a nation of diverse cultures and languages. About 95 percent of the nation’s population prefers working in their regional language – while just about five percent conducts its business in English.

TAG HEUER CHOOSES IC-AGENCY FOR ITS SOCIAL MEDIA STRATEGY

GENEVA – La Chaux de Fonds, MARCH 11 :
TAG
Heuer , the Switzerlad -based major player on sports chronographs, has chosen IC-Agency, leader in Luxury Digital Marketing and author of the WorldWatchReport™ study, to conceive and launch a social media strategy tied to the historic event in which the emblematic Swiss brand celebrates its 150th anniversary. For the occasion, the company has formed a partnership with Tesla, the Californian electric car brand.

THDC SIGNS MOU WITH MINSTRY OF POWER

Thesynergyonline Power Bureau

Mr R S T Sai, CMD, THDC India shaking hand with Mr H S Brahma Secretary(Power) GoI after signing the MoU document in New Delhi.

NEW DELHI, MARCH 10 :
THE Ministry of Power and THDC India have enetered into a memorandum of understanding (MOU) defining the performance guarantee parameters for the financial year 2010-11.

The memorandum of understanding (MoU) in this regard has been signed between the Ministry of Power (MOP) and THDC INDIA here on Tuesday by Mr Harisankar Brahma, Secretary(Power), Govt of India and Mr R.S.T. Sai, CMD, THDC India.>>>


'SENSITIZE PEOPLE TO ENTER CAPITAL MARKET'

NEW DELHI, MARCH 10 :
STANDING
Conference of Public Enterprises (SCOPE) organized the "5th Conclave on Corporate Governance" here today to help chief executives and directors of PSEs to gain an understanding of the multifaceted dimensions of their role and equip them effectively discharge their responsibilities.

DOMESTIC TECHNICAL TEXTILES TOTAL VALUE LIKELY TO BE US$ 20 BLN: ASSOCHAM

NEW DELHI, MARCH 10 :
THE
total value of domestic technical textile industry is expected to be US$ 12 billion by 2012 from current estimate of less than US$ 10 billion which will further grow and touch US$ 19.76 billion levels by 2014-15 because of high demand factor, according to a Paper on Technical Textiles Market brought out by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).

IL& FS TRANSPORTATION IPO OPENS ; PRICE BAND FIXED AT RS 242 - RS 258

NEW DELHI, MARCH 10 :
IL&FS
Transportation Networks Limited (ITNL), has filed its Red Herring Prospectus with the Registrar of Companies Maharashtra at Mumbai on March 4, 2010 and the issue opens on March 11, 2010, with an initial public offering (IPO) of equity shares of face value of Rs. 10 each (equity shares) for cash at a price (including a share premium) aggregating up to Rs. 7,000 million. The price band has been fixed between Rs. 242 and Rs. 258 per equity share.
al corporate purposes.

NMDC FPO OPENS TODAY ; FIXES PRICE BAND AT RS 300-RS 350

NEW DELHI, MARCH 09 :
NMDC
, a ‘Navratna’ public sector undertaking and major iron ore producer in India during the last three fiscal years , is tapping the capital markets on March 10, 2010 with a further public offering (FPO) through an offer for sale by the President of India, acting through the Ministry of Steel, Government of India (the 'selling shareholder') for cash at a price determined by the Book Building Process..KARBONN MOBILES SIGNS LONG- TERM SPONSORSHIP DEAL WITH IPL

KARBONN MOBILES SIGNS LONG- TERM SPONSORSHIP DEAL WITH IPL

NEW DELHI, MARCH 09 :
THE
Indian Premier League (IPL) today announced that Karbonn Mobiles, a company that redefines mobility with its wide range of attractively priced multimedia phones, has signed long- term sponsorship deals for a host of IPL properties.

MAUI JIM SUNGLASSES UNVEILS SUMMER COLLECTION IN INDIAN MARKET

NEW DELHI, MARCH 09 :
MAUI
Jim Sunglasses, the US-based UV-blocking polarized sunglasses maker, which forayed into Indian market recently, has launched the all new summer collection, an essential accessory to protect eyes from the sizzling summer sun.

PATEL ENGINEERING GETS GOVT NOD FOR COAL LINKAGE OF THERMAL PROJECTS

NEW DELHI, MARCH 09 :
PATEL
Engineering , a construction company specialised in power generation and infrastructure segment, today announced that it has received approval from Government of India for coal linkage for is thermal projects.

ASIA- PACIFIC HAS ONE OF THE WORLD'S WORST GENDER BIAS

NEW DELHI, MARCH 08 :
WHILE
Asia and the Pacific can take pride in the region’s vibrant economic transformation in recent decades, this has not translated into progress on gender equality.

SAHARA MUTUAL FUND PAYS 40% TAX FREE DIVIDEND UNDER SAHARA TAX GAIN FUND

NEW DELHI, MARCH 08 :
SAHARA
Mutual Fund has declared 40 percent tax-free dividend under Sahara Tax Gain Fund. The dividend is tax free in the han
ds of the investors. The record date for the purpose of dividend payout is March 2 , 2010.

 TATA MOTORS PASSENGER CAR DIVISION UNVEILS ' TATA MOTORS SERVICE EDGE'

MUMBAI, MARCH 08 :
TATA
Motors today formally announced the launch of Tata Motors Service Edge, a comprehensive customer service initiative.

WORLWIDE EXTERNAL-CONTROLLER- BASED DISK STORAGE MARKET DECLINED 8.6% IN 2009

NEW DELHI, MARCH 07 :
THE
external controller-based (ECB) disk storage market was profoundly impacted by the global economic downturn in 2009 and experienced an 8.6 percent year-over-year decline from $18 billion in 2008 to $16.3 billion in 2009, according to Gartner, Inc.

WITH CAGR OF 20%, DOMESTIC HERBAL INDUSTRY LIKELY TO REACH RS. 15,000 CRORE BY 2015

NEW DELHI, MARCH 05 :
THE
Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected that the market size of herbal industry which is currently estimated at Rs. 7,500 crore (Rs. 75 billion) will double to levels at Rs. 15,000 crore by  2015 since this industry would be growing  at a compounded annual growth rate of over 20 percent henceforth.

OUTLOOK ON INDIAN INFRA , PROJECT FINANCE FOR 2010 STABLE

NEW DELHI, MARCH 05:
FITCH
Ratings has said today, in a just published Special Report entitled, 'Indian Infrastructure Outlook 2010 - The Accommodation of Project Risk', that the credit outlook for the sector is Stable.

$26 BILLION IN MARKET CAPITALISATION HAS MOVED FROM NASDAQ TO NYSE IN TWO MONTHS

NEW DELHI, MARCH 05 :
THE
New York Stock Exchange group is making significant gains over its rival Nasdaq exchange with the Charles Schwab Corporation, a leading provider of financial services for individual investors, independent investment advisors, and employers, starting to trade its common stock on the NYSE from Friday, March 5. Schwab joins the NYSE as a transfer from Nasdaq.

DELL UNVEILS INITIATIVES , INCENTIVES TO ENCOURAGE GREEN BEHAVOIUR IN COMSUMERS

NEW DELHI, MARCH 05 :
DELL
has introduced two new initiatives designed to promote a green approach towards technology adoption for consumers in India - discount coupons and the Dell Go Green Challenge. These initiatives are the latest in Dell's mission to make "being green" easy and cost-effective for customers.

DQ ENTERETAINMENT IPO OPENS ON MARCH 8 ; PRICE BAND FIXED AT RS 75-RS 80

NEW DELHI, MARCH 05 :
DQ
Entertainment (DQE) , the animation, gaming and live action entertainment production and distribution company proposes to make a public offering of its equity shares comprising a public issue of 16,048,011 equity shares of Rs 10 each ( the “Issue”) through 100 percent book building process.


LIBERALISING GLOBAL TRADE IN AGRICULTURE WELFARE ENHANCING FOR INDIA


NEW DELHI, MARCH 04 :
FROM
the point of view of welfare effects of trade liberalisation under the Doha Development Round (DDR), the highest benefits for India would come from liberalised world trade in agriculture', said Siddhartha Mitra, Director (Research), CUTS International.


NO ROLLBACK ON EXCISE, CUSTOMS FOR PETRO PRODUCTS, MAT WILL ALSO STAY : REVENUE SECY.

NEW DELHI, MARCH 03 :
DESPITE
pressures for rolling back excise and customs increase on petroleum products, the government is unlikely to shake and rates announced for excise and customs for petroleum products including 18 percent MAT in Budget proposals for 2010-11 will stay as such, indicated Revenue Secretary, Mr. Sunil Mitra.




MJUNCTION MEET ON INNOVATIVE PROCUREMENT PRACTICES OF STEEL UNITS

NEW DELHI, MARCH 03 :
MJUNCTION
Services, an eMarket place for steel and also major eCommerce company is organising ‘Procurement in Steel Industry’ – a dedicated conference for the steel industry in India on March 10, 2010 at the Shangri-La’s – Eros Hotel, New Delhi .

ASIAN OFFICE MARKET CONTINUES TO RISE AS MNC DEMAND PICKS UP

NEW DELHI, MARCH 03 : IN
the fourth quarter of 2009, the Asian office market continued to approach the bottom of the present cycle as rental declines slowed further and absorption gradually increased.

BUDGET FOCUSES ON REFORMS,GOVERNANCE NEEDS TOP PRIORITY

NEW DELHI, MARCH 02 :
STANDING
Conference of Public Enterprises (SCOPE) organized Seminar on “Implications of Union Budget 2010-11” here today. Dr. M. Govinda Rao, Member, Economic Advisory Council to the Prime Minister & Director, National Institute of Public Finance & Policy delivered the keynote address. Mr. Arup Roy Choudhury, Chairman, and Dr. U.D. Choubey, Director General, SCOPE also spoke on the occasion.

YAMAHA RECORDS Y-O-Y SALES GROWTH OF 40% IN FEBRUARY

NEW DELHI, MARCH 02:
CONINUING
to ride northwards, India Yamaha Motor has registered sales of 25,766 units in February 2010 as compared to 17,407 units in February last year. The company has clocked domestic sales of 16,313 units in February 2010 as compared to 13,848 units in the same month last year.

BHEL BAGS RS 5,778-CRORE ORDER FROM ELENA POWER

NEW DELHI, MARCH 02 :
BHARAT
Heavy Electricals Limited (BHEL) has secured a major order for setting up two Thermal Power Projects (TPP) in Maharashtra, involving five new-rating units of 270 MW each.


                       
 
VALUABLE GROUP PICKS UP 30 % STAKE IN VENERA TECHNOLOGIES

NEW DELHI, MARCH 02 :
VENERA
Technologies announced today that Valuable Group has acquired 30 percent equity in the company. This investment will allow Venera to reach global market for its Automated Content Verification product Pulsar. With broadcasters embracing file based workflows, adoption of automated content verification by this industry is inevitable.

EMEA SERVER SHIPMENTS DECLINED 4% IN Q4 '09 2009 ; REVENUE FELL 9.8%

NEW DELHI, MARCH 01 :
IN
the fourth quarter of 2009, worldwide server shipments grew 4.5 per cent year-on-year, while revenue fell 3.2 per cent, according to Gartner, Inc.

BUDGET LAYS FOUNDATION FOR ENVIRON-FRIENDLY DEVELOPMENTS : THE 3C COMPANY

NEW DELHI, MARCH 01 :
WELCOMING
the Budget announced by the Finance Minister Mr Vidur Bharadwaj, Director, The 3C Company said that the announcements made will go a long way in stabilizing the overall economy and lay a roadmap for attaining the double digit growth rate.

BRING IN CHANGES IN GUIDELINES TO CREATE MORE STOCK EXCHANGES , SAYS ASSOCHAM

 

NEW DELHI, FEB 28 :
IN
order to bring in greater competition in Securities market, more specifically capital markets, The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has emphasised the need for creation of more “stock exchanges” to ensure wider participation of corporates particularly SMEs and retailers
.

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