Business Line articles from November 2010

Business Line archives from November 2010

FRONT PAGE: Govt orders probe into Radia tape leak.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Home Ministry has asked the Intelligence Bureau and the Central Board of Direct Taxes to probe into the leaks of recorded tapes of conversations between corporate lobbyist Ms Niira...

FRONT PAGE: Illegal call routing: Telecom tribunal told to re-look case.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov 29 - In a relief to BSNL, the Supreme Court has allowed the public sector company to file a petition with the Telecom Disputes Settlement Appellate Tribunal (TDSAT) in a case where it was...

FRONT PAGE: RBI further extends liquidity support to banks.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - To further ease the funds crunch, the Reserve Bank of India on Monday decided to extend its liquidity support facility to banks. The second LAF, which will be conducted daily at 4-15...

FRONT PAGE: Sibal puts new telecom operators on notice.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Communications and IT Minister, Mr Kapil Sibal, on Monday said that the Department of Telecom will issue notices to new telecom operators seeking explanation on why their licences...

FRONT PAGE: Tata moves apex court claiming privacy violation.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov 29 - Mr Ratan Tata, Chairman of Tata Group, on Monday moved the Supreme Court claiming that his right to privacy was violated due to the leakage of his alleged discussions with corporate...

FRONT PAGE: Sanofi-aventis to launch affordable reusable insulin pen next year.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - A locally-developed reusable insulin pen from multinational drugmaker Sanofi-aventis is set for launch here in the second quarter of 2011, said Dr Shailesh Ayyangar, Vice-President (South...

CORPORATE: Vijayeswari Textiles plans Rs 150-cr wind energy plant.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Vijayeswari Textiles (VTX), one of the leading exporters of premium bed linen and home furnishing fabrics, plans to set up a 20 MW wind energy plant at Tirunelveli in Tamil Nadu with an...

CORPORATE: IVRCL bags Rs 500-cr orders.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - IVRCL Infrastructures & Projects Ltd announced it has bagged orders worth Rs 500.49 crore, including setting up of a plant water system package for Kakrapar Atomic Power project. ...

CORPORATE: Varun Industries arm, Australian co to exploit gold mines in Madagascar.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Varun Mines & Minerals, a wholly-owned Mauritius- based subsidiary of Varun Industries, has entered into a joint venture agreement with Cluff Resources Pacific NL of Australia to...

CORPORATE: Rahul Mammen Mappillai on MRF's board.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Mr Rahul Mammen Mappillai, Vice-President - Corporate Planning amd Development, MRF Ltd, has been inducted into the company's board of directors. He will be a wholetime director. After...

CORPORATE: Decision on Cairn India stake sale to Vedanta by Feb: Sundareshan.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Petroleum Ministry will take a decision by February on Cairn Energy Plc's application to sell part of its stake in Cairn India to Vedanta Resources. This was stated by the Petroleum...

CORPORATE: Planning Commission asked to set up panel on pooled pricing of gas.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Petroleum Ministry has asked the Planning Commission to constitute a committee to suggest a mechanism for averaging out the price of imported gas with the domestic gas. This is...

CORPORATE: BPCL, partners discover natural gas in Mozambique.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - Bharat Petroleum Corporation (BPCL) and its consortium partners have announced discovery of natural gas in offshore Mozambique. The consortium has not made any estimates of reserves as...

CORPORATE: Ministry's notice at the behest of activists: Lavasa.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - The issue of showcase notice by the Environment Ministry to Lavasa Corporation took a different turn on Monday with the company questioning the jurisdiction of the Ministry. Lavasa said...

CORPORATE: Loopholes in response: Jairam Ramesh.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai/New Delhi, Nov. 29 - The Environment Ministry is not satisfied with the reply Lavasa Corporation has submitted to it. "There are some loopholes in Lavasa Corporation's reply," Mr Jairam Ramesh said...

CORPORATE: Sona Koyo sells stake in joint venture.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - Sona Koyo Steering Systems Ltd said on Monday that it has sold its stake in AAM Sona Axle Ltd for Rs 9.12 crore to the other partner in the joint venture, US-based AAM International...

CORPORATE: Shamsuddin back at SAFL as MD.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Mr A.K.M.A. Shamsuddin is back at the helm of the MGM group's Southern Agrifurane Industries Pvt Ltd as its Managing Director. Mr Shamsuddin, an alumnus of Xaviers Labour Research...

CORPORATE: Cadila Pharma gets Wellcome Trust Award.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Ahmedabad, Nov. 29 - Cadila Pharmaceuticals Ltd has received the Wellcome Trust Award, the UK's leading biomedical foundation, under the new 'R&D for Affordable Healthcare in India Initiative' to support...

CORPORATE: Tata Hispano bags order for CNG buses in Spain.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov 29 - Tata Hispano Motors Carrocera SA, Tata Motors' wholly owned subsidiary in Spain, has won an order for supplying 10 CNG Hybrid low-floor city buses to EMT Madrid, a Madrid city public...

CORPORATE: Car dealers rev up for 'December discount' drive.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - It is that time of the year when those looking to acquire a car of their choice visit showrooms hunting for attractive discounts and freebies. Call it December 'dhamaka,' it is when most...

CORPORATE: Escorts to expand range in auto component, farm equipment business.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - Escorts Ltd said on Monday that it is in discussions for greenfield technical partnerships as it looks to increase its products across its various businesses. The company is looking to...

CORPORATE: JLR production may cross 3 lakh: Tata Motors CFO.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Jaguar Land Rover production may cross three lakh units in the near future. With the new assembly plants in India and China, scheduled to come up next year, the total production of JLR may...

CORPORATE: Ceat hopes to double export revenue in 2 years.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Tyre maker Ceat targets export revenue of Rs 1,000 crore by financial year 2013. "We are the largest tyre exporter in the country for the last three years. Out of our annual revenue of Rs...

CORPORATE: Punj Lloyd, Hopetech ink pact.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Punj Lloyd Group announced on Monday it has entered into a memorandum of understanding (MoU) with Hopetech Sdn Bhd, Malaysia, a provider of integrated solutions in automated revenue...

NEWS: Power players eye high seas for wind energy.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad Nov. 29 - Indian wind energy producers and related research organisations are eying the high-seas to harness wind power for electricity generation. Renewable energy majors such as Suzlon and...

NEWS: Medvedev coming in Dec.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The President of the Russian Federation, Mr Dmitry Medvedev, will visit India on December 21-22 for the annual summit between India and Russia, the External Affairs Minister, Mr S.M....

NEWS: Jaganmohan Reddy quits as MP, Cong member.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - Mr Y.S. Jaganmohan Reddy, son of former chief minister, Dr Y.S. Rajasekhara Reddy, and MP from Kadapa constituency, and his mother Ms Y.S. Vijayalakshmi, MLA (Pulivendula), announced...

NEWS: European markets still jittery after Ireland bailout.
November 30, 2010... from BUSINESS LINE, November 30, 2010 London, Nov. 29 - The EU85-billion bailout for Ireland agreed by European finance ministers and the International Monetary Fund has so far failed to calm investor nerves about the region's ability to limit...

MARKETING: Do not typecast the consumer: Bijoor.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - The rise of brands has been the death of nutrition globally, a pitfall that youngsters entering the profession should avoid, advises Mr Harish Bijoor, Brand Strategy Specialist and CEO,...

MARKETING: Let the young address change: Seshasayee.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Polaroid invented instant photography not Kodak - it is often the new comer who makes that game changing move rather than the veteran. Mr R. Seshasayee, Managing Director, Ashok Leyland...

MARKETING: Lifestyle sees strong growth in same store sales.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - Dubai-based Landmark Group has said strong growth in the retail sector coupled with resumed consumer confidence are helping it expand its footprint. The company said it is growing at 60...

MARKETING: Sun TV to expand distribution in N. America.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Sun TV Network has appointed Global Media Management LLC and World Media Connect LLC to manage and grow its distribution and advertising business, respectively, in North America. ...

MARKETING: Reliance's Prime channel goes on air.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - BIG CBS, an equal joint venture between Reliance Broadcast Network and CBS Studios International, today announced the launch of the first of its proposed three English general...

BANKING/FINANCE: Dhanlaxmi Bank hikes rates on term deposits.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Dhanlaxmi Bank has increased interest rates on term deposits by 50-00 basis points for deposits of maturities ranging between 180 days and less than two years, with immediate effect, said a...

BANKING/FINANCE: SBH raises term deposit rates.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov 29 - The State Bank of Hyderabad (SBH) has increased interest rates on domestic term deposits. According to the revised rates which came into effect from November 29, the interest rate on...

BANKING/FINANCE: Asset-financing NBFCs are 'distinct' from MFIs.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kolkata, Nov. 29 - The Finance Industry Development Council (FIDC) plans to approach the Malegam Committee, set up by the Reserve Bank of India, in an effort to distance itself from the controversy...

BANKING/FINANCE: Loans under probe are backed by security: LIC Housing.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - The loans of LIC Housing Finance that are under scrutiny by the CBI are backed by securities worth more than the outstanding loan amount. In a press release issued on Monday, the housing...

BANKING/FINANCE: RBI caution on deposit with unauthorised NBFCs.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - The Reserve Bank of India on Monday issued a cautionary note warning the public to not deposit money with unauthorised non-banking finance companies (NBFCs). The RBI has put up a list of...

BANKING/FINANCE: Police custody extended for 8 accused in loan scam case.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - A special CBI court on Monday extended till December 3, the police custody of eight executives named in a probe into bribes and improper loan disbursements. The CBI lawyer, Mr Ejaz Khan,...

INFO-TECH: TRAI to crack the whip on unwanted calls.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov 29 - The Telecom Regulatory Authority of India (TRAI) will soon announce new guidelines to curb the menace of unsolicited calls by imposing hefty penalties on errant telemarketing firms and...

INFO-TECH: Old and new GSM operators clash on spectrum.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov 29 - Old and new GSM operators are up against each other on the issue of spectrum allocation. While new GSM operators Reliance Communications and Tata Teleservices said that the incumbent...

INFO-TECH: Nokia not sure of dual SIM handset market sustaining.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kolkata, Nov. 29 - Intense tariff war has led to flooding of the mobile phone market with lower-end products with dual SIM (Subscriber Identity Module). However, the single largest player in the handset...

INFO-TECH: Mahindra Satyam in pact with Stratus.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - Mahindra Satyam has entered into an agreement with the US-based Stratus Technologies, a provider of Uptime Assurance products, to jointly provide consulting services, solutions and...

INFO-TECH: Foreign players must have checked out their partners: Sibal.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - The Communication and IT Minister, Mr Kapil Sibal, said foreign players should have checked the credentials of their Indian partners before picking a stake. "The Government has got...

OPINION: Winging with your own number.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Nothing emboldens a seller more than the knowledge that the customer cannot walk away from the deal without losing a significant amount of money; nothing chastens the seller more than a law that ensures the...

OPINION: For a new, resurgent Bihar.
November 30, 2010... from BUSINESS LINE, November 30, 2010 The landslide victory by the JD(U)-BJP alliance in Bihar has displayed the overwhelming confidence the people have put in the leadership and inclusive development politics of its chief Minister, Mr Nitish...

OPINION: Farm constraints.
November 30, 2010... from BUSINESS LINE, November 30, 2010 This refers to editorial "Crop woes" (Business Line, November 29). India should study the trends in the global agricultural market and draw lessons to help ease the food inflation. The agriculture sector...

OPINION: Scandalous times.
November 30, 2010... from BUSINESS LINE, November 30, 2010 This refers to the editorial in connection with the bribe-for-loan scandal ( Business Line, November 27). The Finance Minister talks about critical appraisal of real-estate loans above Rs 50 crore. Bankers...

OPINION: Surviving uncertain times.
November 30, 2010... from BUSINESS LINE, November 30, 2010 There's really no question about it: the world economy is heading for a period of great economic uncertainty, in which instability, trade and currency conflicts and possibilities of economic stagnation all...

MARKET WATCH: Liquidity will improve: Mirae Asset.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov 29 - Mr Gopal Agrawal, Deputy CIO and Head Equity, Mirae Asset Global Investments (India), has been managing funds for seven years out of his total work experience of close to one and a half...

MARKET WATCH: Nifty jumps 444 points in pre-open session.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - The indicative Nifty rose 444 points during the pre-open session due to a freak order punched in on Monday. "There was a freak order that got punched in. These things happen," said Mr K....

MARKET WATCH: GMR frees itself from InterGen debt-service obligation.
November 30, 2010... from BUSINESS LINE, November 30, 2010 GMR Infrastructure's (GMR) sale of its 50 per cent stake in the Netherlands-based power utility, InterGen N.V., has freed the company from an impending debt burden, thus allowing it to focus on its core...

MARKET WATCH: Shipping Corpn FPO opens today.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Shipping Corporation of India's approximately Rs 1,200-crore follow-on public offering will open on Tuesday. The company will offer 8.4 crore shares through the issue and the price band...

MARKET WATCH: Anand Rathi, Arbuthnot in pact to tap European markets.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Anand Rathi Financial Services has entered into an alliance with Arbuthnot Securities. The two firms will work together to develop cross-border capability in institutional stock broking...

MARKET WATCH: Corporate News.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Coimbatore, Nov. 29 - Mahindra & Mahindra Financial Services Ltd has approved raising funds by issue of equity shares for an aggregate amount not exceeding Rs 570 crore by way of Qualified Institutional...

MARKET WATCH: TVS Capital to invest in restaurant.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Chennai-based TVS Capital Funds Ltd, a mid-cap growth equity fund, is close to taking exposure in the restaurant space. Refusing to give out details such as the name of the entity the...

MARKET WATCH: Marketmen say full autonomy for institutions is impractical.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Market experts say it is very difficult to ensure total regulatory autonomy of market infrastructure institutions (MIIs). The Jalan Committee report said that MIIs, being a first- level...

MARKET WATCH: OnMobile Global (Rs 268): Buy.
November 30, 2010... from BUSINESS LINE, November 30, 2010 We recommend a buy in the stock of OnMobile Global from a short-term perspective. It is apparent from the charts that the stock has been on a long-term downtrend from its July 2009 peak of Rs 682, forming...

MARKET WATCH: Day Trading Guide.
November 30, 2010... from BUSINESS LINE, November 30, 2010 DLF Fresh long position can be initiated if DLF moves beyond Rs 294 levels with tight stop-loss. ICICI Bank Make use of dips to buy the stock with stiff stop-loss at Rs 1140 levels. Infosys We...

LOGISTICS: Tea shipments via Amingaon ICD may be at last year's level.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kolkata, Nov. 29 - Despite not-so-good start of the season largely due to bad weather hitting crops in the beginning of the year, the tea shipments through Amingaon ICD (inland container depot) this fiscal...

LOGISTICS: Ocean information services centre, ONGC to map oil spill trajectory.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad Nov 29 - The Indian National Centre for Ocean Information Services (INCOIS), in partnership with oil exploration major ONGC, is developing an oil spill trajectory modelling that will help track the...

LOGISTICS: Unions object to Kochi port's cruise terminal plan.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kochi, Nov. 29 - Trade unions have objected to the Kochi port's proposal to develop an International Cruise Terminal at Willingdon Island. At a recent board meeting, two Labour Trustees opposed the move...

AGRI-BUSINESS: Trade enquiries perk up rice.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Karnal, Nov. 29 - Trade enquiries lifted rice prices on Monday. Prices of aromatic rice rose by 50-150 a quintal, while the non- basmati varieties increased according to their quality and demand. Prices of...

AGRI-BUSINESS: Uptrend in sugar for 4th consecutive day.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov. 29 - Spot sugar prices on the Vashi wholemarket continued to rise for the fourth consecutive day by Rs 30-35 a quintal on Monday. In the last four working days, sugar prices have gone up over Rs...

AGRI-BUSINESS: Global cues lift imported edible oils.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Mumbai, Nov 29 - Spot prices of imported oils such as soya and palmolein increased by Rs 3 and Rs 5-10 kg on Monday on the edible oils market, taking cues from the higher closing of the Malaysian market....

AGRI-BUSINESS: Soya oil gains despite subdued demand.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Indore, Nov 29 - Soya oil in the local mandis gained marginally despite subdued demand. Notwithstanding the positive trend in the overseas market, soya oil on Monday gained marginally with soya refined in...

AGRI-BUSINESS: Turmeric hits record Rs 16,000/quintal.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Erode, Nov. 29 - Turmeric price touched a record Rs 16,000 a quintal. "Everybody has been taken by over the sudden hike of Rs 1,000 to Rs 1,200 a quintal within a day for turmeric," said Mr R.V. Ravishankar,...

AGRI-BUSINESS: Onion crashes on deluge of arrivals, poor quality.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Onion prices crashed by over Rs 500 a quintal on Monday as arrivals flooded the market and buyers kept away in view of the poor quality of the offerings. "Markets had been closed last...

AGRI-BUSINESS: Grapes too face 'residual' trouble.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Grapes exports have registered good growth in the last few years, crossing Rs 500 crore last year. But trouble seems to be brewing with regard to the presence of cholormequat residue. Cholormequat is a...

AGRI-BUSINESS: Delayed kharif harvest puts off rabi sowing.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - After getting hit by floods and untimely rain towards the end of the kharif season, farmers in Andhra Pradesh are unhappy going by reports of sluggish sowing from different parts of the...

AGRI-BUSINESS: Spot rubber weakens on buyer resistance.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kottayam, Nov. 29 - Spot rubber prices turned weak on Monday. Declines in domestic futures and a favourable change in weather for tapping as rains subsided were the key factors that influenced the sentiments...

AGRI-BUSINESS: EU rejects three okra consignments from India.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - The European Union (EU) has rejected three consignments of bhindi (okra or lady's finger) from India this year as they contained pesticide residues higher than the prescribed limits. In...

AGRI-BUSINESS: Cardamom rules firm on North India demand.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kochi, Nov. 29 - Cardamom prices increased last week on demand, especially from North India, despite arrivals soaring to the highest levels in the current season at the auctions. Arrivals during the week...

AGRI-BUSINESS: Tea prices drop sharply in South in Jan-Sept.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Coonoor, Nov. 29 - Prices of south Indian teas declined significantly in the first three quarters of current calendar even as those of north Indian teas increased, reveals an analysis of the market reports...

AGRI-BUSINESS: India asks global fertiliser suppliers to link prices to costs.
November 30, 2010... from BUSINESS LINE, November 30, 2010 New Delhi, Nov. 29 - With fertilisers imports of over 20 million tonnes (mt) expected this fiscal - besides another 10 mt of intermediates and raw materials - the Centre is concerned over spiralling...

STATES: 210 MW Rayalaseema thermal plant synchronised.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Hyderabad, Nov. 29 - The Andhra Pradesh Power Generation Corporation Ltd (APGenco) has announced that it has synchronised the Rs 1,331- crore 210 MW unit -5 of the Rayalaseema thermal power station (RTPS)...

STATES: Pallavan Grama Bank's novel initiative.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - Pallavan Grama Bank has introduced ATM cards for its customers making it the first Regional Rural Bank to provide this facility. According to a press release from the bank, the ATM card...

STATES: 'Women have changed workplace dynamics'.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Chennai, Nov. 29 - The advent of women in the workplace has changed the dynamics of work in terms of the flexibility of time, location and career, said Ms Saundarya Rajesh, Founder-President, Avtar Career...

STATES: ING programme for children.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Madurai, Nov 29 - ING Vysya Foundation under its global flagship programme 'ING Chances for Children', held its annual employee volunteering initiative 'Education-through-Fun', here recently. Under the...

STATES: Foreign cos look at tie-ups to protect their innovation.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Udhagamandalam, Nov. 29 - Though the Intellectual Property Rights (IPRs) were a problem in India earlier, the picture is changing, with Western companies looking at doing collaborative research with the...

STATES: Muthoot launches special gold coins.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kochi, Nov. 29 - Muthoot Precious Metals Corporation, one of the group companies of Muthoot Group, has launched gold coins with impression of Lord Ayyappa for sales throughout the country. The Sabarmimala...

STATES: Pepper futures look up.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Kochi, Nov 29 - Pepper futures, after usual high volatility, ended above the previous closing on bullish reports from overseas and domestic expert analysts and consequent buying support. Report from a...

STATES: SIMA 'TexFair 2010' to be held in Dec.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Coimbatore, Nov. 29 - To showcase the latest development in the textile sector, the Southern India Mills Association, the apex body of the textile mills in the South is organising 'TexFair 2010' between...

STATES: TN spinning sector upbeat despite rising cotton yarn prices.
November 30, 2010... from BUSINESS LINE, November 30, 2010 Coimbatore, Nov. 29 - While the knitwear garment sector cries foul about the fate of the sector as a result of spiralling cotton yarn price, the spinning sector seems to be quite optimistic about the future....