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Wednesday, November 24, 2004
Reforms could wipe out revenue deficits: World Bank
NEW DELHI, NOV. 23. The World Bank has projected that the revenue deficits of all States could be wiped off by 2007-08 if they undertook sweeping fiscal reforms. The average revenue deficit of poorer States is now at 3.5 per cent of Gross State ...
SAP NetWeaver to drive future growth
BANGALORE, NOV. 23.Enterprise software maker, SAP AG, has brought its international technology exhibition and conference on its products to India at its Bangalore base of SAP Labs India Private Ltd., where some 1,300 software developers ...
Power reforms should focus on quality: Sayeed
NEW DELHI, NOV. 23.The Union Minister for Power, P. M. Sayeed, today said power sector reforms should focus more on elimination of inefficiencies in the system and wastage in the entire value chain rather than emphasising on tariff ...
Tribunal sets aside SEBI order on JM Mutual Fund
MUMBAI, NOV. 23. The Securities Appellate Tribunal (SAT) today pointed out the inconsistencies in the orders passed by the Securities and Exchange Board of India (SEBI) and asked the capital market regulator to be consistent in its orders in ...
There is no ambiguity in Dhirubhai's legacy: Mukesh
MUMBAI, NOV. 23.A day after going public with his statement on `ownership differences' in Reliance Industries, the group Chairman and Managing Director, Mukesh Ambani, said he was the `final authority' on all matters concerning the company. ...
Satyam joins MMA
HYDERABAD, NOV. 23. Satyam Computer Services has joined the Mainframe Migration Alliance (MMA), created by Microsoft and industry partners which enables customers using aging, mainframe systems to move seamlessly to the more modern and flexible ...
Temasek buys stake in Gateway
MUMBAI, NOV. 23.The Singapore government-owned Temasek Holdings Pte has bought 10 per cent equity stake in Gateway Distriparks Ltd. (GDL) for an undisclosed sum. Temasek has acquired stake through its wholly-owned subsidiary, Aranda ...
Zydus, Zambon tie up
MUMBAI, NOV. 23.Zydus Cadila has signed a memorandum of understanding with the Italy-based pharma group, Zambon, for cooperation in R&D, contract manufacturing of fine chemicals, active pharmaceutical ingredients and finished formulations. ...
Kotak Mahindra Bank opens branch
COIMBATORE: The Coimbatore branch of the Kotak Mahindra Bank was inaugurated on Tuesday by the Executive Vice-Chairman and Managing Director of the bank, Uday Kotak. The full-fledged retail banking branch is located on the Avinashi Road here. In ...
COIMBATORE: Pensioners who are drawing pension under the Employees' Pension Scheme, 1995, through Indian Bank, State Bank of India, Indian Overseas Bank, ICICI Bank, HDFC Bank, UTI Bank and Post Offices should furnish a life certificate and a ...
New office building inaugurated
COIMBATORE: The new office building of the Coimbatore District Wire Rod Users' Association here was inaugurated on Monday by Deshikachar, Senior Branch Manager of the Rashtriya Ispat Nigam Limited, Coimbatore. The small-scale industries here ...
Award for export performance
COIMBATORE: The Coimbatore-based The Scientific Fertiliser Company Pvt. Ltd. has been selected for the "Certificate of Merit" award by the Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council (Chemexcil) for its export ...
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