PTI - The Press Trust of India Ltd. back issues from June 2006:
RBI cancels licence of Ichalkaranji Jiveshwar Sahakari Bank.
Jun 01, 2006 ... RBI cancels licence of Ichalkaranji Jiveshwar Sahakari Bank Mumbai, May 31 (PTI) The Reserve Bank of India (RBI) today cancelled the licence of Maharashtra-based Ichalkaranji Jiveshwar Sahakari Bank Ltd as it had become insolvent. All efforts to revive it had failed ...
Johnny Lever says he is bored of films; to host TV show.
Jun 01, 2006 ... Johnny Lever says he is bored of films; to host TV show Mumbai, May 31 (PTI) One of Bollywood's best loved comedians Johnny Lever says he is now bored of films and the repetitive nature of his roles and will now assume a new avataar on television with his latest show. ...
Maha cabinet okays Human Development Mission.
Jun 01, 2006 ... Maha cabinet okays Human Development Mission Mumbai, May 31 (PTI) Maharashtra Cabinet today approved setting up of a Maharashtra Human Development Mission to improve the state's human development index. The ...
WB govt to take up restructuring of 30 PSUs in second phase.
Jun 01, 2006 ... WB govt to take up restructuring of 30 PSUs in second phase Kolkata, May 31 (PTI) The West Bengal government would undertake restructuring of 30 state PSUs at a cost of Rs 1000 crore in the second phase of a massive revamping programme. The decision was taken at a ...
La Opala to set up new plant in Uttaranchal.
Jun 01, 2006 ... La Opala to set up new plant in Uttaranchal Kolkata, May 31 (PTI) Glass tableware manufacturer La Opala RG Ltd will investment Rs 35 crore to set up a plant at Uttaranchal and said the company is eyeing a turnover of Rs 100 crore in the next three years. The ...
Nicco Corporation returns to profits.
Jun 01, 2006 ... Nicco Corporation returns to profits Kolkata, May 31 (PTI) After a gap of five years, Nicco Corporation has returned to profits during the financial year 2005-06. The company has posted a net profit of Rs 68 lakh on a turnover of Rs 342 crore. Profit before tax stood ...
Falcon Tyres reports 300 pc rise in net profit.
Jun 01, 2006 ... Falcon Tyres reports 300 pc rise in net profit Kolkata, May 31 (PTI) Falcon Tyres Ltd, which was bought by the Ruia Group from Chhabrias last year, today reported nearly 300 per cent rise in net profit to Rs 3.63 crore in 2005-06, compared to Rs 92 lakh in the previous year. ...
Subway to open more outlets in eastern India, NE.
Jun 01, 2006 ... Subway to open more outlets in eastern India, NE Kolkata, May 31 (PTI) Submarine sandwich chain Subway would open more outlets in Kolkata, eastern India and the north-east within a short span of time. Regional head (east) of Subway Rishi Bajoria ...
Establishments to be allotted numbers for EPF purpose.
Jun 01, 2006 ... Establishments to be allotted numbers for EPF purpose New Delhi, May 31 (PTI) Establishments will be allotted business numbers for enabling employers meet the requirement of employees' provident fund. Yesterday, business numbers have been allotted numbers online at ...
Britannia Q4 net up over two fold; declares 150 pc dividend.
Jun 01, 2006 ... Britannia Q4 net up over two fold; declares 150 pc dividend Mumbai, May 31 (PTI) Britannia Industries Ltd today said its net profit for the January-March quarter more than doubled at Rs 27.8 crore, as compared to Rs 10.8 crore in the year-ago period. The total income ...
Rolls Royce 'Phantom' convertible model to be out next year.
Jun 01, 2006 ... Rolls Royce 'Phantom' convertible model to be out next year Mumbai, May 31 (PTI) European auto major Rolls Royce is planning to launch the convertible variant of its luxuary segment 'Phantom' in 2007. "We plan to launch our Convetible edition in 2007, and would also ...
Samsung unveils third store in Chennai.
Jun 01, 2006 ... Samsung unveils third store in Chennai Chennai,May 31 (PTI) Samsung India Electronics Ltd (SIEL) plans to set up 50 more flagship stores across the country, R Zutshi, Deputy Managing Director, Siel said today. Unveiling its third flagship store in the city, Zutshi ...
CES proposes to build second airport in Kolkata.
Jun 01, 2006 ... CES proposes to build second airport in Kolkata Kolkata, May 31 (PTI) Delhi-based Consulting Engineering Services (CES) today proposed to build a second airport in West Bengal, which would be larger than the existing NSC Bose International Airport. CES MD S S ...
Three mafia-style gang leaders sentenced to death in China.
Jun 01, 2006 ... Three mafia-style gang leaders sentenced to death in China Beijing, May 31 (PTI) Three leaders of a 31-member organised crime ring in east China were given death sentences and 26 gang members jailed after being convicted of 10 charges, including murder and running mafia-style ...
Infosys to broadcast AGM proceedings live on the internet.
Jun 01, 2006 ... Infosys to broadcast AGM proceedings live on the internet Bangalore, May 31 (PTI) Infosys Technologies Limited today announced it would broadcast the ...
Sundaram Finance announces 135 pc dividend.
Jun 01, 2006 ... Sundaram Finance announces 135 pc dividend Chennai, May 31 (PTI) Sundaram Finance Ltd, a leading financial services company has announced a dividend of 135 per cent (including special dividend of 50 per cent) for the year ended March 31. Speaking to reporters here ...
Jora Singh to make a return at Combined Event championship.
Jun 01, 2006 ... Jora Singh to make a return at Combined Event championship New Delhi, May 31 (PTI) National decathlon record holder Jora Singh will make a return to competition at the two-day National Combined Event championship starting here tomorrow. Jora, who broke Kulwinder ...
Country's first project on jute geotextile launched in WB.
Jun 01, 2006 ... Country's first project on jute geotextile launched in WB Ghatal (WB), May 31 (PTI) The country's first pilot project on jute geotextile in road construction as a jute based alternative to conventional bitumen roads was today inaugurated in West Midnapore district. ...
Navy War Room leak: Court rejects Parashar's bail plea.
Jun 01, 2006 ... Navy War Room leak: Court rejects Parashar's bail plea New Delhi, May 31 (PTI) A Special Court today dismissed the bail application of Kulbushan Parashar, accused in the Navy War Room leak case, after the CBI argued that he had played a "central role" in procuring classified ...
Traders provided facility to deposit sales tax in SBI branches.
Jun 01, 2006 ... Traders provided facility to deposit sales tax in SBI branches Patna, May 31 (PTI) The Bihar government today announced that traders in the state capital could deposit their sales tax in different State Bank of India branches from June one. "The traders of Patna need ...
Fuel price hike issue reaches PM again.
Jun 01, 2006 ... Fuel price hike issue reaches PM again New Delhi, May 31 (PTI) The issue of raising fuel prices, which has been necessitated due to spiralling international oil prices, today reached the Prime Minister again with Petroleum Minister Murli Deora pleading for a moderate hike in ...
Down payment levels raised for large houses in China.
Jun 01, 2006 ... Down payment levels raised for large houses in China Beijing, May 31 (PTI) Down payment levels on loans for purchasing large houses in China are being raised from tomorrow in a bid to curb soaring prices and adjust supply. The communist nation's central bank, the ...
Star One reaches settlement with Mumbai cable operators.
Jun 01, 2006 ... Star One reaches settlement with Mumbai cable operators Mumbai, May 31 (PTI) Star One, the newest channel from the Star TV stable, has reached a settlement with cable operators in Mumbai area, which paves the way for its reappearance in cable TV households in the city. ...
BOI rolls out Misys Midas Plus to connect 16 int'l branches.
Jun 01, 2006 ... BOI rolls out Misys Midas Plus to connect 16 int'l branches Bangalore, May 31 (PTI) Misys banking systems announced today that Bank of India has rolled out Misys Midas Plus, core banking system, for its 16 international branch-banking operations. This is the first ...
Geometric Software to raise Rs 45.50 cr.
Jun 01, 2006 ... Geometric Software to raise Rs 45.50 cr Mumbai, May 31 (PTI) Geometric Software Solutions Company Ltd today said it will raise Rs 45.50 crore through the allotment of 38.67 lakh equity shares to The Western India Trustee and Executor Company Ltd. The allotment ...
Iffco-Tokio launches new Cooperative Model.
Jun 01, 2006 ... Iffco-Tokio launches new Cooperative Model Chandigarh, May 31 (PTI) Iffco-Tokio General Insurance Company Limited, today announced the launch of a new Cooperative Model to enhance the reach of insurance in rural areas, starting with Punjab. "We are offering a range of ...
California software co's rights issue fully subscribed.
Jun 01, 2006 ... California software co's rights issue fully subscribed Chennai, May 31 (PTI) California Software Company today said its rights issue, which closed on May 25, had been successfully completed and fully subscribed. The company had made an offering of 34,44,762 equity ...
Price hike of cement, steel delays Railway projects.
Jun 01, 2006 ... Price hike of cement, steel delays Railway projects Coimbatore, May 31 (PTI) Various railway projects were getting delayed due to sudden escalation of prices and non-availability of raw materials like cement and steel, Minister of State for Railways R Velu said today. ...
Bio-2006 conference at Bangalore from June 7.
Jun 01, 2006 ... Bio-2006 conference at Bangalore from June 7 Bangalore, May 31 (PTI) To set a new direction for the emerging Biotechnology industry, a three-day Bangalore Bio 2006 conference will begin here on June 7. More than 60 international and national speakers and over 500 ...
Microsoft launches programme to check piracy.
Jun 01, 2006 ... Microsoft launches programme to check piracy New Delhi, May 31 (PTI) In a bid to combat software piracy, Microsoft today launched its 'Genuine Software' programme in the country to promote use of original software among consumers. "In the programme, Microsoft will ...
Evolvence Capital launches $150 mn India Life Science Fund.
Jun 01, 2006 ... Evolvence Capital launches $150 mn India Life Science Fund Mumbai, May 31 (PTI) The Dubai-based Evolvence Capital, an alternative investment company, today launched 150 million dollar Evolvence India Life Science Fund to provide capital for expansion of Indian pharmaceutical and ...
TCS announces 'Innovation 2.0'.
Jun 01, 2006 ... TCS announces 'Innovation 2.0' Chennai, May 31 (PTI) Tata Consultancy Services today announced the beginning of its next generation of innovative ventures, christened Innovation 2.0, aimed at spiralling TCS to the Global top ten by 2010. Unveiling 'Innovation 2.0' to ...
Telecom PSU employees oppose unbundling of loop.
Jun 01, 2006 ... Telecom PSU employees oppose unbundling of loop New Delhi, May 31 (PTI) BSNL Employees Union today asked the government not to unbundle local loops in BSNL and MTNL for priviate sector use, saying that investment worth crores of rupees had been made over several decades for ...
Haryana govt on 'backfoot' on Reliance deal issue: Sampat.
Jun 01, 2006 ... Haryana govt on 'backfoot' on Reliance deal issue: Sampat Chandigarh, May 31 (PTI) INLD today alleged that the Haryana Government was on the "backfoot and in a nervous mode" since it was giving "repeated statements to clarify its stand" on the deal signed between Reliance ...
Centre comes down heavily on states for taxing ethanol.
Jun 01, 2006 ... Centre comes down heavily on states for taxing ethanol New Delhi, May 31 (PTI) Taking exception to the practice of state governments charging high taxes on ethanol, besides levy of import and export "pass fees", the Petroleum Ministry today said such levies were without ...
Rowing championships in Kolkata from tomorrow.
Jun 01, 2006 ... Rowing championships in Kolkata from tomorrow Kolkata, May 31 (PTI) Over 300 boys and girls from seventeen states will vie for honours in the ninth sub-junior and 11th Challengers National Rowing Championship to be held at the Calcutta Rowing Club course here from tomorrow. ...
No compromise on interests of small industries at WTO: Nath.
Jun 01, 2006 ... No compromise on interests of small industries at WTO: Nath Paris, May 31 (PTI) India today made it clear there could be no compromise on the interests of its small and infant industries and any deal at WTO will have to take concerns of developing countries on board. ...
HP for changes in eligibility norms of employment schemes.
Jun 01, 2006 ... HP for changes in eligibility norms of employment schemes Shimla, May 31 (PTI) The Himachal Pradesh Chief Minister V B Singh today stressed on the need for changes in the eligibility norms under Swaran Jayanti Rozgar Yojana of Union Government to make it more practical and ...
Umak group signs MoU with Orissa govt.
Jun 01, 2006 ... Umak group signs MoU with Orissa govt Bhubaneswar, May 31 (PTI) New Delhi-based Umak Investment Company Ltd today signed a memorandum of understanding with the Orissa Government for investing about Rs 350 crore in the hospitality sector in the state. The group has ...
Prime Focus revises IPO price band, extends issue date.
Jun 01, 2006 ... Prime Focus revises IPO price band, extends issue date New Delhi, May 31 (PTI) Prime Focus Ltd, a post-production and visual effects service house, today extended its IPO issue date to June 3, besides revising the price band downwards to Rs 417-475, investment banking sources ...
CIAL Director Board reconstituted.
Jun 01, 2006 ... CIAL Director Board reconstituted Thiruvananthapuram, May 31 (PTI) The Director Board of the Cochin International Airport Limited has been reconstituted with Chief Minister V S Achuthanandan as Chairman. Finance Minister T M Thomas Issac, Fisheries Minister S Sharma ...
RIL not provided with land at concessional rates: Hooda.
Jun 01, 2006 ... RIL not provided with land at concessional rates: Hooda Bhiwani, May 31 (PTI) Haryana Chief Minister, Bhupinder Singh Hooda today made it clear that contrary to allegations by the INLD party, Reliance Industries Limited has not been given land at a low rate for development of a ...
Greenply reports four-fold increase in net profit.
Jun 01, 2006 ... Greenply reports four-fold increase in net profit New Delhi, may 31 (PTI) Greenply Industries Ltd today reported a four-fold increase in its net profit for the quater ended March 31 at Rs 376.85 crore as against Rs 86.83 crore in the same period previous fiscal. The ...
Jet Airways ties up with Thai, Austrian airlines for FPP.
Jun 01, 2006 ... Jet Airways ties up with Thai, Austrian airlines for FPP New Delhi, May 31 (PTI) India's leading airline Jet Airways today joined hands with Austrian Airlines and Thai Airways International for reciprocal Frequent Flyer Programmes (FPP) effective from tomorrow. The ...
T S Bhattacharya to take interim charge as SBI Chairman.
Jun 01, 2006 ... T S Bhattacharya to take interim charge as SBI Chairman Mumbai, May 31 (PTI) State Bank of India Managing Director Tara Shankar Bhattacharya will tomorrow take over as the acting Chairman of India's largest commercial bank from A K Purwar, who is ...
Sebi issues post-hearing order against Ajay Kumar Gupta.
Jun 01, 2006 ... Sebi issues post-hearing order against Ajay Kumar Gupta Mumbai, May 31 (PTI) The Securities and Exchange Board of India (Sebi) today issued a post-hearing order against Ajay Kumar Gupta banning the usage of his depository participant account with India Bulls Securities, except ...
Duggal calls on Pak Interior Minister.
Jun 01, 2006 ... Duggal calls on Pak Interior Minister Islamabad, May 31 (PTI) Indian Home Secretary V K Duggal called on Pakistani Interior Minister Aftab Khan Sherpao and discussed with him the decisions arrived at during the Indo-Pak talks, which concluded here today. Sherpao told ...
L&T to acquire foreign gas processing firm.
Jun 01, 2006 ... L&T to acquire foreign gas processing firm Mumbai, May 31 (PTI) Larsen & Toubro Ltd. (L&T) plans to acquire a foreign gas processing company as the Indian manufacturing firm plans to equip technological skills to tap growing opportunities in the sector. "We are ...
Hitech Plast Ltd picks up 60 pc stake in Mipak Industry.
Jun 01, 2006 ... Hitech Plast Ltd picks up 60 pc stake in Mipak Industry Mumbai, May 31 (PTI) Rigid plastics manufacturing company Hitech Plast Ltd, today announced acquisition of 60 per cent stake in Mipak Industry, a company in the same sphere, for Rs 5.73 crores. The acquisition is ...
Rs 225 cr for equitable distribution of water in Haryana.
Jun 01, 2006 ... Rs 225 cr for equitable distribution of water in Haryana Bhiwani (Haryana), May 31 (PTI) Haryana government has allotted a sum of Rs 225 crore for equitable distribution of water in Mahendergarh, Bhiwani and Rewari districts and another Rs 45.61 crore for modernisation of lift ...
Additional Rs 1,000 crore sought under TUF scheme.
Jun 01, 2006 ... Additional Rs 1,000 crore sought under TUF scheme Coimbatore, May 31 (PTI) The Textile Ministry has submitted a proposal to the Union Finance Ministry seeking an additional Rs 1,000 crore to provide under Textile Upgradation Fund scheme (TUFs), a senior textile ministry official ...
Dr Reddy's crosses revenue milestone of 500 million USD in 2005-06.
Jun 01, 2006 ... Dr Reddy's crosses revenue milestone of 500 million USD in 2005-06 Hyderabad, May 31 (PTI) Overcoming the period of challenges in the market, Pharma major Dr Reddy's Laboratories has crossed a revenue milestone of 500 million USD in 2005-06, registering a 25 per cent growth, ...
Exim Bank offers LOC of USD 250 mn to Ecowas Bank.
Jun 01, 2006 ... Exim Bank offers LOC of USD 250 mn to Ecowas Bank Mumbai, May 31 (PTI) The Export Import Bank of India (Exim Bank) has extended a line of credit (LOC) of USD 250 million to Ecowas Bank for Investment and Development (EBID) of Lome, Togo. The LOC has been extended for ...
Nipuna to set up facilities to scale up head count by 1,000 over the next year.
Jun 01, 2006 ... Nipuna to set up facilities to scale up head count by 1,000 over the next year Hyderabad, May 31 (PTI) Nipuna Services Limited, the BPO subsidiary of software major Satyam Computer Services Limited, has drawn up plans to set up two additional facilities to scale up the head ...
Sania, Bhupathi move into second round.
Jun 01, 2006 ... Sania, Bhupathi move into second round Paris, May 31 (PTI) Sania Mirza made light of her first round exit in the singles advancing to the second round of women's doubles while Mahesh Bhupathi kept himself on track to win his third French Open Grand Slam title by steering clear ...
Insurance employees to strike work on June 8.
Jun 01, 2006 ... Insurance employees to strike work on June 8 Coimbatore, May 31 (PTI)The All India Insurance Employees Association would organise a "walk-out strike" on June 8 to highlight various issues concerning them, including implementation of "compulsory transfer and mobility policy". ...
AP to encourage massive housing: Reddy.
Jun 01, 2006 ... AP to encourage massive housing: Reddy Hyderabad, May 31 (PTI) Andhra Pradesh government has initiated a massive housing plan on completion of Outer Ring Road (ORR) which is being developed at a cost of Rs 2000 crore. Chief Minister, Y S Rajasekhara Reddy, ...
CABINET-NAGPUR.
Jun 01, 2006 ... CABINET-NAGPUR Mumbai, May 31 (PTI) Maharashtra cabinet today approved acquisition of 1068 hectare additional land for the Nagpur cargo hub project. As a result, the total project ...
John Allen Muhammad convicted of six more sniper slayings.
Jun 01, 2006 ... John Allen Muhammad convicted of six more sniper slayings Washington, May 31 (PTI) A jury in US' Maryland has turned in a conviction in all six counts of first degree murder for sniper John Allen Mohammed who along with a teenager terrorised Washington area for a two week period ...
Laxman impresses on his first outing.
Jun 01, 2006 ... Laxman impresses on his first outing Antigua, May 31 (PTI) The touring Indians were 126 for three at lunch on the second and final day of their two-day cricket match against Antigua XI here on Wednesday. VVS Laxman gave a good account of himself in his first game of ...
US ready to hold talks with Iran.
Jun 01, 2006 ... US ready to hold talks with Iran Sridhar Krishnaswamy Washington, May 31 (PTI) In a significant departure from stated policy, the Bush administration has said it is willing to hold direct talks with Iran and offer Tehran economic benefits if the country gives up its ...
It raids on premises of big builders, jewellers.
Jun 01, 2006 ... It raids on premises of big builders, jewellers Vadodara, May 31 (PTI) The Income Tax sleuths today conducted raids on the premises of the big ...
High drama in EB, Sporting player transfer.
Jun 01, 2006 ... High drama in EB, Sporting player transfer Kolkata, May 31 (PTI) Intense drama today marked the stand-off between city soccer giants East Bengal and Mohammedan Sporting over signing four key players for the coming season, with Sporting lodging a police complaint on the issue. ...
MSEDC to undertake major upgradation programme.
Jun 01, 2006 ... MSEDC to undertake major upgradation programme Pune, May 31 (PTI) The Maharashtra State Electricity Distribution Company would undertake a major programme to upgrade and replace its problematic transformers and also aim to produce 18,000 MW of power in the next five years at a ...
BCCI decides to reconstitute elite umpires panel.
Jun 01, 2006 ... BCCI decides to reconstitute elite umpires panel Mumbai, May 31 (PTI) Stung by the fact that the International Cricket Council has not found any Indian umpire good enough to make it to the ICC's Elite Panel, the Indian cricket board today decided to reconstitute its elite panel ....