Online edition of India's National Newspaper
Wednesday, September 08, 2004
Philips group companies to merge
MUMBAI, SEPT. 7. The boards of Philips India Ltd, Philips Medical Systems (India) Pvt Ltd (PMSI) and Philips Software Centre Pvt Ltd (PSCL) have approved the merger of these three entities into a single company Philips Electronics India ...
Higher crude prices force plastic units to cut output
KOLKATA, SEPT. 7.The increase in naphtha prices due to upward spiral in international oil prices has sent the Indian plastic industry into a tizzy. Industry sources told The Hindu that while areas such as Daman seen as hub of the Indian ...
Retail loan: private players eating into PSU banks' share
NEW DELHI, SEPT. 7.Private banks are growing aggressively at 62 per cent to eat into over Rs. 100,000 crore retail business market that has so far been dominated by the public sector banks. PSU banks, led by State Bank of India, Punjab ...
Cairn confirms Rajasthan find
LONDON, SEPT. 7. The U.K. oil firm Cairn Energy said on Tuesday that the vast potential of its key Mangala field in India had been independently confirmed, but failed to satisfy investors who were looking for further positive surprises. The firm, ...
GIC Housing's rights issue price
MUMBAI, SEPT. 7.GIC Housing Finance today fixed a price of Rs. 16 per share for its proposed 1:2 rights issue. The housing finance company has fixed an issue price of Rs. 16 per share (face value Rs. 10 plus Rs. 6 premium), GIC Housing Finance ...
M&M plans acquisitions
NEW DELHI, SEPT. 7. Domestic utility vehicle maker, Mahindra and Mahindra (M&M), is planning to acquire two auto component manufacturers in the country by this year-end and increase auto parts sourcing from China. "We are in negotiations with two ...
German cycle fair
NEW DELHI, SEPT. 7. As many as 26 Indian cycle and cycle component manufacturers will participate in a four-day international cycle fair, IFMA, the 40th edition, to begin in Cologne, Germany, from September 16. Apart from cycles, various ...
Wipro ties up with iBOLT
BANGALORE: Wipro Technologies and Magic Software, a leading provider of state-of-the-art development and integration technology, today announced their partnership to market and implement the iBOLT Integration Suite here. iBOLT provided a ...
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