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17 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4187
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UCO banks novel way to attract students to avail loans

17.05.2008 08:52    keralanext.com
As per the new scheme , students requiring education loan would simply have to send an SMS to the bank. "Our bank employee will immediately contact the concerned student and the loan application will be cleared in three days," N

Reliance finalises 69 films for production in next two years

17.05.2008 08:52    keralanext.com
The films include those in collaboration with India's leading production houses and Reliance's own in-house films. Amongst the prominent deals include -two film deal with Vidhu Vinod Chopra including a mainstream English language film "Broken Horses", a six-film deal with

SC exempts Reliance Petro from customs duty on imported cranes

17.05.2008 08:52    keralanext.com
The customs department had questioned the validity of an exemption notifications dated March 1, 1997 and June 13, 1997 granting exemption to various imported goods, including second hand mobile cranes required for setting up oil refinery. It had also questioned

BCCI slapped with I-T notices over TDS

17.05.2008 08:52    keralanext.com
According to Finance Ministry sources, the notices were issued sometime back and further inquiry was on as it is mandatory for an organisation to furnish information every quarter regarding Tax Deduction at Source (TDS). The notices were sent as a

Guidelines on e-payments likely in two months: RBI

17.05.2008 08:52    keralanext.com
The Act has received Presidential assent and the government notification is awaited, RBI Chief General Manager A P Hota told reporters on the sidelines of a Payment Summit. "We had sought public comments on the draft guidelines of the Act

CCIL to offer guarantee for forex, interest rate futures

17.05.2008 08:52    keralanext.com
The corporation is awaiting the Payment & Settlement Act to come into effect before putting the proposal before the Reserve Bank, CCIL Chairman R H Patil told reporters on the sidelines of a Payment Summit here. The Act, which has

ICAI to issue guidelines on investors protection

17.05.2008 08:52    keralanext.com
Though these guidelines will not be a part of the balance sheet, companies would have to adhere to them and show their performance on various parameters that could be checked by the investor, ICAI President Ved Jain said here. He

Hyundai plans to launch USD 3,500 car in India by 2012

17.05.2008 08:52    keralanext.com
It will take at least 4 years to develop the car and we think we will be able to introduce this car by 2012 for Indian market," Hyundai Motor India Managing Director and CEO H S Lheem told reporters here.

DG Shipping bans sailing of cargo vessels over 25 yrs

17.05.2008 08:51    keralanext.com
For gas carriers, the maximum age limit is 30 years. And the revised guidelines does not apply for ships registered and licenced to ply in Indian waters. An analysis of accidents over the last three years showed a significant correlation

Reliance to spend USD 1 bn to make 100 films in 2 years

17.05.2008 08:51    keralanext.com
Amit Khanna, chairman, RBE, said the company would be producing these films in as many as nine languages over "15 to 18 months". Directors like Shyam Benegal, Girish Kasaravalli, Buddhadeb Dasgupta, Shaji N Karun, Rituparno Ghosh, Vidhu Vinod Chopra, Sudhir

MTN seeks $500mn breakup fee from Bharti for exclusivity pact

17.05.2008 08:51    keralanext.com
Bharti is learnt to have offered USD 200 million, said investment banking sources. Bharti wants the 'exclusivity contract' with MTN first as it would make it binding on the latter not to talk to any other competiting bidder till negotiations

BIS opens hallmarking centre in Chandigarh

17.05.2008 08:51    keralanext.com
The centre would boost the jewellers of the region comprising Punjab, Haryana, HP, Jammu and Kashmir, BIS Deputy-Director General Bhupinder Singh said. "This will go a long way in securing the consumer interest as well as boosting jewellery export and

Irda waits for government order on new chief

17.05.2008 07:31    expressindia.com
Irda has remained headless as the Centre is yet to notify the name of the new chairman. CS Rao retired from chairmanship the post of Irda on May 14.

BHEL: Chinese checker gains

17.05.2008 07:31    expressindia.com
BHEL, the Indian power equipment major, has been losing its sheen as a market out-performer.

Reliance Infra dilutes 5% stake in pre-IPO placement

17.05.2008 07:31    expressindia.com
Anil Ambani group company Reliance Infratel is diluting 5% stake to a clutch of American and European investors in a pre-IPO placement, a deal that values the company at about Rs 50,000 crore.

Yahoo, fighting takeover, forms partnerships with WPP

17.05.2008 07:31    expressindia.com
Yahoo! Inc., fighting billionaire investor Carl Icahn's bid to take control of its board, agreed to give advertising company WPP Group Plc access to its online advertising auction service to bolster ad sales.

Texmaco net soars 143%, turnover at Rs 937 crore

17.05.2008 07:31    expressindia.com
Texmaco reported a 97% increase in turnover to Rs 937.18 crore for the year to March 31, 2008, as against Rs 476.13 crore recorded in the year-ago period.

McNally takes over Sayaji, eyes overseas acquisitions

17.05.2008 07:31    expressindia.com
McNally Bharat Engineering Co Ltd, a Williamson Magor group company, has taken over Sayaji Iron & Engineering Co Ltd by acquiring the entire controlling stake of 68.28% for Rs 59.01 crore at Rs 221.60 per share.

Sensex gains 81 pts amid volatile trades

17.05.2008 07:31    expressindia.com
Shrugging off a spike in the inflation, key Indian equity indices managed to end the day in the green on the back of positive cues from the global equity markets

Orissa is a better destination than Jharkhand:chambers

17.05.2008 07:31    expressindia.com
Representatives of two leading Jharkhand chambers of commerce who recently visited Orissa say the latter is the better of the two states as an investment destination.

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