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. >>>
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.
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.>>>
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.
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).
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.
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
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.
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.
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.
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.
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 hands
of the investors. The record date for the purpose of dividend payout is March
2 , 2010.
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.
NEW
DELHI, MARCH 06 : IN a bid to boost export of wooden handicrafts products,
the Export Promotion Council for Handicrafts (EPCH), in coordination with the
Jodhpur Handicrafts Exporters Association, is organizing Indian Furniture &
Accessories & Show (IFAS) in Jodhpur, Rajasthan, from March 13, 2010.
NEW
DELHI, MARCH 06 : THE worldwide market for touchscreen mobile devices
will surpass 362.7 million units in 2010, a 96.8 percent increase from 2009 sales
of 184.3 million units, according to Gartner, Inc.
NEW
DELHI, MARCH 06 : WHILE working women in India find highest levels of
job satisfaction in Public Sector Undertakings (PSUs) measured at scale 7.00,
females engaged in BPO/KPO sector are least satisfied from their current jobs
that averaged to 4.00 on scale of ten, reveal findings of a study on “Empowering
the Women” conducted by The Associated Chamber of Commerce and Industry of
India (ASSOCHAM).
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.
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.
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.
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.
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.
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.
NEW
DELHI, MARCH 04 : HELEN Clark, the Administrator of the United Nations
Development Programme (UNDP), arrives in India on Friday for a five day official
visit from March 5 to 10.
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.
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 .
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.
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.
MUMBAI,
MARCH 02 : HALMA p.l.c., a safety , health and sensor technology group
based in the United Kingdom, has acquired SphereOptics, a maker of custom light
measurement technologies. SphereOptics will join Halma's global group of photonics
businesses as it is merged with light metrology industry leader, Labsphere.
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.
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.
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.
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.
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
NEW
DELHI, FEB 27 : WHEN he sat for meals, Thiruvalluvar, a 7th Century Indian
poet, kept a needle and a small cup filled with water by his side. "Food
should not be wasted, even a grain is precious. Sometimes, stray grains of cooked
rice or stray pieces of cooked vegetables fall off the plate or away from it.
While I eat, I lift them off the floor, with the help of this needle and stir
them in the water to clean them and eat them."
At
the top of this year’s Budget spiralling food prices is biggest concern for
the common man. Budget Budget addresses short term actions taken to help the common
man get affordable food and in the long-term introduce innovation and technology
in enhancing storage capacity, credit support to farmers and increasing food processing
to address concerns of food security.>>>
NEW
DELHI, FEB 27 : OIL And Natural Gas Corporation Limited (ONGC) has been
conferred with the FICCI Annual Award 2008-2009 for “Outstanding Corporate
Vision-Business Performance, Social and Environmental Action and Globalisation”.
Mr Pranab Mukherjee, Finance Minister handed over the award to Mr R S Sharma,
CMD ONGC at the inaugural session of the FICCI Annual General Meeting at New Delhi
today.
NEW
DELHI, FEB 26 : THE ASSOCHAM president Dr. Swati Piramal while welcoming Budget
proposals, termed them as Pragmatic, positive, growth and development oriented
as these aim at attaining inclusive growth.
“The
Finance Minister has performed the most balancing act under given circumstances
by partially rolling out the Stimulus package and at the same time paid adequate
attention for development of social sector and more specifically so for rural
sector”, said Dr. Piramal.
Mr.
Mukherjee has done his best in the Budget proposals to fuel consumption and sufficiently
incentivised renewable energy, infrastructure, research and development in health
and equipped these sectors with reasonably higher allocations.
>>>
NEW
DELHI, FEB 26 : WHILE presenting Union Budget 2010-11 Mr Pranab Mukherjee,
Union Minister of Finance, recognized the contribution made by SEZs in India in
bringing investment, increasing exports and creating employment.
NEW
DELHI, FEB 26 : 