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PTI - The Press Trust of India Ltd. articles from August 2006

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<a href="http://www.highbeam.com/PTI+-+The+Press+Trust+of+India+Ltd~R~/publications.aspx?date=200608" title="Articles and back issues from PTI - The Press Trust of India Ltd.">PTI - The Press Trust of India Ltd. articles</a>

PTI - The Press Trust of India Ltd. back issues from August 2006:

Voltas Q1 FY 07 PAT up 31 per cent.

Aug 01, 2006 ... Voltas Q1 FY 07 PAT up 31 per cent Mumbai, July 31 (PTI) Tata Group company, Voltas Limited, has registered a 31 per cent growth in its PAT in Q1 FY 07 at Rs 21.75 crore as against Rs 16.55-crore in the corresponding quarter of the last fiscal. The company's ...

Ingersoll Rand Q1 net up 15 pc at Rs 8.38 cr.

Aug 01, 2006 ... Ingersoll Rand Q1 net up 15 pc at Rs 8.38 cr Mumbai, July 31 (PTI) Ingersoll Rand India Ltd today posted a 14.95 per cent rise in net profit of Rs 8.38 crore for the quarter ended June 30, as compared to Rs 7.29 crore in the corresponding quarter last year. Total ...

Rubber futures trading prices - Kochi.

Aug 01, 2006 ... Rubber futures trading prices - Kochi Kochi, Jul 31 (PTI) Rubber futures trading prices. Source: Geojit Infofin Technologies, Kochi. National Multi-Commodity exchange of India ltd (NMCEIL) Rubber prices In Rs./quintal Rss 4 Aug 06 9235 Rss 4 Sep 06 9009 Rss 4 ...

Post offices help ease last minute rush of IT assesses.

Aug 01, 2006 ... Post offices help ease last minute rush of IT assesses New Delhi, July 31 (PTI) Government's move to allow 2,000 designated post offices across the country to receive IT returns provided relief to the salaried class for whom today was the last date for filing the tax document. ...

Saran meets Khan, India, Pak decide to remain engaged.

Aug 01, 2006 ... Saran meets Khan, India, Pak decide to remain engaged Ajay Kaul Dhaka, Jul 31 (PTI) In the first high-level contact between India and Pakistan since the Mumbai blasts, Foreign Secretary Shyam Saran met his counterpart Riyaz Mohammad Khan here late tonight and later ...

Ispat Industries Q1 net loss at Rs 111.49 crore.

Aug 01, 2006 ... Ispat Industries Q1 net loss at Rs 111.49 crore Mumbai, July 31 (PTI) Ispat Industries Ltd today posted a net loss of Rs 111.49 crore for the quarter ended June 30, 2006 as compared to a net loss of Rs 79.49 crore in the same ...

UCO Bank posts 36 pc rise in Q1.

Aug 01, 2006 ... UCO Bank posts 36 pc rise in Q1 Kolkata, July 31 (PTI) UCO Bank today reported 36 per cent rise in net profit at Rs 61.50 crore in the Q1 period ended June 30 of the current fiscal as compared to ...

Left steps up pressure for reversing petrol, diesel price hike.

Aug 01, 2006 ... Left steps up pressure for reversing petrol, diesel price hike New Delhi, July 31 (PTI) The Left parties today stepped up the pressure for reversing the increase in petrol and diesel prices saying the Government was squeezing the oil sector for revenues. In a letter ...

Central farmers advised to complete Kharif sowing.

Aug 01, 2006 ... Central farmers advised to complete Kharif sowing New Delhi, July 31 (PTI) Farmers in central India have been advised by weather office to complete sowing of moong, urad, niger and early maturing rice varieties within this week as widespread rainfall is expected over this region ...

Dalmiya remains silent at Buddha's outburst.

Aug 01, 2006 ... Dalmiya remains silent at Buddha's outburst Kolkata, Jul 31 (PTI) Under fresh attack from the West Bengal Chief Minister Buddhadeb Bhattacharjee a day after being re-elected Cricket Association of Bengal president, Jagmohan Dalmiya today chose to remain silent. "I ...

Saran meets Khan, raises concern over cross border terrorism.

Aug 01, 2006 ... Saran meets Khan, raises concern over cross border terrorism Ajay Kaul Dhaka, July 31 (PTI) Amidst the chill in bilateral relations following the Mumbai blasts, India and Pakistan tonight held here the first high-level talks during which New Delhi raised its concerns ...

Bagan start season on losing note.

Aug 01, 2006 ... Bagan start season on losing note Kolkata, Jul 31 (PTI) Star-studded Mohun Bagan started the new season on the wrong note, going down 0-1 to Kolkata Port Trust in a Kolkata premier division league match here today. After a barren first half, KoPT struck the winner ...

WB in dialogue with RIL and US cos for chemical hub: Buddha.

Aug 01, 2006 ... WB in dialogue with RIL and US cos for chemical hub: Buddha Kolkata, Jul 31 (PTI) The West Bengal government has begun a dialogue with Reliance Industries Ltd, besides a number of US companies, to rope them in as lead investor in the proposed chemical hub at Haldia, Chief ...

NTPC scales up capacity addition target for 11th plan.

Aug 01, 2006 ... NTPC scales up capacity addition target for 11th plan Mumbai, July 31 (PTI) Power major NTPC Ltd today revised upwards its capacity addition programme for the 11th plan period of 2007-12 to 21,941 MW from 17,333 MW fixed earlier. The company would be setting up 23 ...

Sical posts Rs 114.50 mn in Q1.

Aug 01, 2006 ... Sical posts Rs 114.50 mn in Q1 Chennai, Jul 31 (PTI) Integrated multi-modal logistics for bulk and containerised cargo major, Sical Logistics today said it has posted net profit of Rs 114.50 million in the first quarter this year. The net profit saw an increase of 37 ...

Pankaj Advani close to title in selection snooker meet.

Aug 01, 2006 ... Pankaj Advani close to title in selection snooker meet Nagpur, July 31 (PTI) Top seed Pankaj Advani today recorded two victories as he moved closer to the title in the Doha Asian Games snooker selection tournament being held here. Advani prevailed over billiards ...

Hinduja TMT Q1 net up three-fold at Rs 8.07 cr.

Aug 01, 2006 ... Hinduja TMT Q1 net up three-fold at Rs 8.07 cr New Delhi, July 31 (PTI) Hinduja TMT Ltd today reported a more than three-fold increase in net profit for the quarter ended June 30 at Rs 8.07 crore as against Rs 2.44 crore in ...

Govt notifies tax exemption on bank deposit.

Aug 01, 2006 ... Govt notifies tax exemption on bank deposit New Delhi, Jul 31 (PTI) The government today notified the bank term deposit scheme, which allows individuals to avail of tax exemption on an investment of up to Rs one lakh in a year. However, the investment in these term ...

Indians third largest migrant group in Australia.

Aug 01, 2006 ... Indians third largest migrant group in Australia Melbourne, July 31 (PTI) Indian origin people have emerged the third-largest migrant group in Australia, ahead of the traditional source countries of China, Vietnam and the Philippines, a media report has said. ...

ICICI to raise Rs 6,000 cr through unsecured bonds.

Aug 01, 2006 ... ICICI to raise Rs 6,000 cr through unsecured bonds Mumbai, Jul 31 (PTI) Leading private sector banking major ICICI Bank Ltd has filed a draft shelf prospectus with the Securities and Exchange Board of India (Sebi) for raising Rs 6,000 crore, in one or more tranches, through a ...

Rupee rallies smartly against US Dollar.

Aug 01, 2006 ... Rupee rallies smartly against US Dollar Mumbai, Jly 31 (PTI) Absorbing residual month-end pressures, the Rupee today rallied smartly by 13 paise to close at Rs 46.55/56 per dollar due to a distinctly weak dollar overseas amid sustained FII inflows with sentiments turning ...

Talisma increases client base by 138.

Aug 01, 2006 ... Talisma increases client base by 138 New Delhi, July 31 (PTI) Talisma, provider of customer management solutions, today said it has increased its client base by 138 in the first half of the year. The company, however, added 70 ...

Sundram Fasteners posts Rs 291.28 sales.

Aug 01, 2006 ... Sundram Fasteners posts Rs 291.28 sales Chennai,Jul 31(PTI) Sundram Fasteners has posted a 15.4 per cent increase in its total sales and other income of Rs 291.28 crore for the quarter ended June 30, as against Rs 252.39 crore during the same period last year. A ...

VIP Q1 FY 07 PAT down.

Aug 01, 2006 ... VIP Q1 FY 07 PAT down Mumbai, July 31 (PTI) Luggage manufacturer VIP Industries Limited's net profit has declined 20.26 per cent at Rs 4.17 crore for the quarter ended June as against Rs 5.23 crore in the same period last year with the sales increasing by 10 per cent to stand at ...

Online travel service Yatra launches India services.

Aug 01, 2006 ... Online travel service Yatra launches India services Mumbai, Jul 31 (PTI) Yatra, the online call-center-based travel services company backed by Reliance Capital, TV18 Group and global venture capital firm Norwest Venture Partners, today announced the launch of its services for ...

Tiger hides seized.

Aug 01, 2006 ... Tiger hides seized Phulbani (Orissa), July 31 (PTI) Police today seized hides of several wild animals including that of a Royal Bengal tiger from a vehicle near Madhapur, about 40 km from here, official sources said today. The recovery included three leopard and four ...

Fitch assigns 'F1+' rating to ICICI bank loan securitisation.

Aug 01, 2006 ... Fitch assigns 'F1+' rating to ICICI bank loan securitisation New Delhi, July 31 (PTI) Rating agency, Fitch Ratings India Pvt Ltd today assigned highest credit quality of 'F1+ (ind) (SO)' to pass through certificates (PTCs) to be issued by ICICI Bank Ltd via the special purpose ...

TVS electronics announces 3-year warranty.

Aug 01, 2006 ... TVS electronics announces 3-year warranty Chennai, July 31 (PTI) TVS Electronics today announced a three year warranty that includes printhead for its widely popular MSP Champion XL series of printers. "With the launch of the three year warranty offer, TVS-E ...

RBI authorises StanChart as primary dealer.

Aug 01, 2006 ... RBI authorises StanChart as primary dealer Mumbai, July 31 (PTI) The Reserve Bank of India (RBI) has authorised Standard Chartered Bank to undertake primary dealer business in government securities with effect from tomorrow. Concomitantly, the authorisation given to ...

Genpact to acquire California-based MoneyLine.

Aug 01, 2006 ... Genpact to acquire California-based MoneyLine New Delhi, July 31 (PTI) Genpact, provider of business services and technology solutions, today said it will acquire California-based MoneyLine for an undisclosed amount. The deal is expected to be completed in August but ...

Kohinoor Foods Q1 net up marginally at Rs 5.03 cr.

Aug 01, 2006 ... Kohinoor Foods Q1 net up marginally at Rs 5.03 cr New Delhi, July 31 (PTI) Kohinoor Foods Ltd today reported a marginal one per cent increase in net profit for the quarter ended June 30 at Rs 5.03 crore, agianst Rs 4.96 crore in the corresponding quarter previous fiscal. ...

CPI(M) asks govt to review security cooperation with Israel.

Aug 01, 2006 ... CPI(M) asks govt to review security cooperation with Israel New Delhi, July 31 (PTI) In the wake of the "horrible" bombing of Lebanon's Qana town by Israel, CPI(M) today asked the government to immediately review its intelligence and security cooperation with Jerusalem and ...

Infosys rings Nasdaq opening bell from India; creates history.

Aug 01, 2006 ... Infosys rings Nasdaq opening bell from India; creates history Mysore, July 31 (PTI) Giving offshoring a whole new meaning, domestic IT major Infosys today rung the opening bell of Nasdaq Stock Market in the US from here in India - a historic event that the company felt could ...

Ruia is set to acquire Monotona Tyres, Rs 270 cr for Falcon.

Aug 01, 2006 ... Ruia is set to acquire Monotona Tyres, Rs 270 cr for Falcon Kolkata, July 31 (PTI) Kolkata-based Ruia group is set to acquire Mumbai-based Monotona Tyre Ltd to strengthen its tyre business. Group chairman P K Ruia will be in Mumbai tomorrow to finalise the deal with ...

EIH, Ashwini Kakkar to partner in Mercury Travels.

Aug 01, 2006 ... EIH, Ashwini Kakkar to partner in Mercury Travels New Delhi, July 31 (PTI) Oberoi Group owned EIH Ltd today announced a partnership with Ashwini Kakkar, President of the Travel Association of India for jointly running Mercury Travels, in which the latter has become the majority ...

Uco Bank net profit jumps 36 per cent.

Aug 01, 2006 ... Uco Bank net profit jumps 36 per cent Mumbai, July 31 (PTI) Uco Bank has registered a jump of 36 per cent in its net profit at Rs 61.50 crore for the quarter ended June 30, 2006, as against Rs 45 crore in the corresponding period last fiscal. The bank's total income ...

Buddhadev receives flak from S S Ray.

Aug 01, 2006 ... Buddhadev receives flak from S S Ray Kolkata, Jul 31 (PTI) The sharp comments by West Bengal Chief Minister Buddhadev Bhattacharjee against the CAB President Jagmohan Dalmiya was criticised by former chief minister Siddhartha Shankar Ray as 'unbalanced and uncalled for'. ...

Farmers to benefit more compared to last season: Monsanto.

Aug 01, 2006 ... Farmers to benefit more compared to last season: Monsanto New Delhi, July 31 (PTI) US-biotech major Monsanto has said the economic benefits to farmers that would accrue due to adoption of Bt cotton seeds would be at least double this year as compared to last cropping season. ...

DSPML appoints Patricia McLaughlin as vice chairperson.

Aug 01, 2006 ... DSPML appoints Patricia McLaughlin as vice chairperson New Delhi, July 31 (PTI) Leading investment banking and securities company, DSP Merrill Lynch (DSPML) today appointed Patricia McLaughlin as Vice Chairperson of India Investment Banking and Munesh Khanna as Mananging ...

Top LeT ultra among 2 militants slain.

Aug 01, 2006 ... Top LeT ultra among 2 militants slain Jammu, July 31 (PTI) Army today gunned down two militants, including a 'divisional commander' of Pakistan-backed Lashkar-e-Toiba (LeT), in separate encounters in Jammu and Kashmir's Poonch district, Defence sources said. The LeT ...

EIH reduces stake in Mercury Travels to 25.1 pc.

Aug 01, 2006 ... EIH reduces stake in Mercury Travels to 25.1 pc Kolkata, July 31 (PTI) EIH Ltd has reduced its stake in Mercury Travels, a premier travel company in the country, and inducted Ashwini Kakkar, president of Travel Association of India as a majority shareholder and partner. ...

BIS conducts a raid in the city.

Aug 01, 2006 ... BIS conducts a raid in the city New Delhi, July 31 (PTI) Bureau of Indian Standards (BIS) has conducted a raid at the premises of FB Varuna Sales Corporationd in the city and seized about 50 spuriously ISI marked submersible pumps, BIS said. "Large quanity of ...

Graphite India posts Rs 115.31 crore net in Q1.

Aug 01, 2006 ... Graphite India posts Rs 115.31 crore net in Q1 Kolkata, July 31 (PTI) Graphite India Ltd posted a net profit of Rs 115.31 crore during the first quarter of the current fiscal ended June. The extraordinary income of Rs 96.12 crore was realised during the quarter from ...

US rules out any role for Iran, Syria on Lebanon issue.

Aug 01, 2006 ... US rules out any role for Iran, Syria on Lebanon issue Washington, Jul 31 (PTI) The United States has said it was unrealistic for the international community to expect Israel to negotiate with the Hizbollah and also ruled out any role for Iran and Syria in the ongoing peace ...

IIMB to pay only 50 pc of Rs 3.19 cr as income tax.

Aug 01, 2006 ... IIMB to pay only 50 pc of Rs 3.19 cr as income tax Bangalore, July 31 (PTI) The Indian Institute of Management, Bangalore, which appealed against slapping of a whopping Rs 3.19 crore income tax by the department, will now pay only 50 per cent of the amount, a top IIMB source ...

Blow Plast Q1 FY 07 net profit dips.

Aug 01, 2006 ... Blow Plast Q1 FY 07 net profit dips Mumbai, July 31 (PTI) Blow Plast Limited, a part of the Rs 800 crore Dilip Piramal group, has reported a 20.6 per cent dip in its net profit in the first quarter of the current financial year at Rs 4.54 crore as against Rs 5.72 crore in the ...

Patil reviews flood-relief operations; lauds KTK co-operation.

Aug 01, 2006 ... Patil reviews flood-relief operations; lauds KTK co-operation Kolhapur, July 31 (PTI) Heavy rains lashed the 0western part of Kolhapur district this evening, raising the water level in Kumbhi, Panchganga, Vedganga and Dudhganga rivers even as Maharashtra Dy Chief Minister R R ...

WB Govt reduces stamp duty with effect from August 1, 2006.

Aug 01, 2006 ... WB Govt reduces stamp duty with effect from August 1, 2006 Kolkata, July 31 (PTI) The West Bengal Government has reduced the stamp duty from eight per cent to six per cent in Kolkata, Howrah and urban areas, besides six per cent to five per cent in rural areas with effect from ...

High Court issues notice to B K Birla.

Aug 01, 2006 ... High Court issues notice to B K Birla Kolkata, Jul 31 (PTI) The Calcutta High Court has issued notice to B K Birla for a civil defamation suit filed by Rajendra S Lodha, claimant to the Rs 5,000 crore assets of the M P Birla group. The High Court, on Friday, directed ...

IGL net up 37 per cent.

Aug 01, 2006 ... IGL net up 37 per cent New Delhi, July 31 (PTI) CNG supplier Indraprastha Gas Ltd (IGL) today reported a 37 per cent rise in net profit for the quarter ended June 30. The company's net profit during the quarter increased to Rs 27.63 crore over Rs 20.24 crore in the ...

Govt will try to meet fiscal deficit target: Lahiri.

Aug 01, 2006 ... Govt will try to meet fiscal deficit target: Lahiri New Delhi, July 31 (PTI) After fiscal deficit during the first quarter crossed 50 per cent of the budget estimate for the entire 2006-07, the government today said it will try its level best to meet the target. "We ...

CCS meets to discuss terror threat to strategic installations.

Aug 01, 2006 ... CCS meets to discuss terror threat to strategic installations New Delhi, July 31 (PTI) With the intelligence agencies uncovering plots by terrorists to target country's strategic and vital assets, the Cabinet Committee on Security met here today to give course to new preventive ...

Govt waives loans of farmers who committed suicide.

Aug 01, 2006 ... Govt waives loans of farmers who committed suicide Thiruvananthapuram, July 31 (PTI) Keeping up the promise made at the time of assuming office, the LDF government today issued orders to write off agricultural loans upto Rs two lakh availed by farmers who had committed suicide. ...

India should stop buying arms from Israel: CPI(M).

Aug 01, 2006 ... India should stop buying arms from Israel: CPI(M) Kolkata, July 31 (PTI) Condemning the Israeli bombing in Quana village in South Lebanon which left more than 60 people dead, the CPI(M), a key outside supporter of the UPA government, today demanded that India halt arms deals ...

Usha Martin to pump Rs 1200 cr in 4 yrs, targets top slot.

Aug 01, 2006 ... Usha Martin to pump Rs 1200 cr in 4 yrs, targets top slot Kolkata, July 31 (PTI) Wire rope maker, Usha Martin Ltd (UML) today said it would invest Rs 1200 crore over the next four years to meet its major expansion plans. "We have decided to take a leap in our growth ...

TCS to offer software solutions to US-based Sequenom Inc.

Aug 01, 2006 ... TCS to offer software solutions to US-based Sequenom Inc Mumbai, Jul 31 (PTI) In a major overseas deal, Indian software major Tata Consultancy Services (TCS) will offer software solutions to support next generation software tools of Sequenom Inc, the California-based provider of ...

P S Bhattacharya appointed CIL Chairman.

Aug 01, 2006 ... P S Bhattacharya appointed CIL Chairman New Delhi, July 31 (PTI) The Government today announced the appointment of Bharat Coking Coal Limited (BCCL) Chairman and Managing Director Partha Sarathi Bhattacharya as the Chairman of Coal India Limited (CIL). He would ...

Bank of Baroda raises BPLR by 50 basis point.

Aug 01, 2006 ... Bank of Baroda raises BPLR by 50 basis point Mumbai, Jul 31 (PTI) Bank of Baroda today announced a hike in its Benchmark Prime Lending Rate (BPLR) by 50 basis point from 11 per cent per annum to 11.5 per cent with effect from tomorrow. The ...

MCX announces agreement with Euronext. Liffe.

Aug 01, 2006 ... MCX announces agreement with Euronext. Liffe Mumbai, Jul 31 (PTI) The Multi Commodity Exchange of India Ltd (MCX) and Euronext. Liffe today signed a licensing agreement allowing MCX to list domestic mini futures contracts for both Robusta Coffee and White Sugar based upon ...

REL posts Rs 18.67 crore net profit in Q1.

Aug 01, 2006 ... REL posts Rs 18.67 crore net profit in Q1 Bangalore, July 31 (PTI) Rajesh Exports Limited (REL), an industry leader in manufacture and export of gold jewellery in the country, posted a net profit of Rs 18.67 crore in Q1 ended June 30, 2006, as against Rs 16.86 crore in the ...

Indian cricket team gets a feel of army life.

Aug 01, 2006 ... Indian cricket team gets a feel of army life Bangalore, Jul 31 (PTI) The Indian cricket team undergoing the conditioning camp in the National Cricket Academy here was today given a feel of the Army life when they visited the training centre of the elite Parachute Regiment, ...

Chandigarh signs agreement with PGC to set up NLDC.

Aug 01, 2006 ... Chandigarh signs agreement with PGC to set up NLDC Chandigarh, July 31 (PTI) The Electricity Wing of the Engineering Department, Chandigarh Administration, today signed an agreement with the Power Grid Corporation Limited (PGCIL) for setting up of a National Load Despatch Centre ...

Govt assures timely imlementation of Assam Gas project.

Aug 01, 2006 ... Govt assures timely imlementation of Assam Gas project New Delhi, July 31 (PTI) Refuting reports of delay in the proposed Assam Gas project, the Government today said the proposed project will be implemented within a fixed time schedule. "A joint venture company with ...

Indian Railways earnings for July 11-20 up 13 pc.

Aug 01, 2006 ... Indian Railways earnings for July 11-20 up 13 pc New Delhi, July 31 (PTI) The total approximate earnings of Indian Railways for the period between July 11-20 stood at Rs 1,546.97 crore compared to Rs 1,365.12 crore during the same period last year, up 13.32 per cent. ...

Govt approves 31 road improvement works.

Aug 01, 2006 ... Govt approves 31 road improvement works New Delhi, July 31 (PTI) Union Minister of Shipping, Road Transport and Highways T R Baalu today approved 31 road improvement works on various stretches on National Highways in Rajasthan at a total cost ...