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December 2005
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View Article  Hitachi enhances its stake in 'Telcon' to 40 pc

 Hitachi Construction Machinery Company (HCM) has increased its stake in Telco Construction Equipment Company Ltd (Telcon)  a joint venture between Tata Motors and HCM  to 40 per cent.

Click the following link http://ww4.6URL.com/08GE to read the complete article.

 

View Article  Turbomeca sets up Indian subsidiary

The Turbomeca (SAFRAN Group France), a leader in design, production, sale and repair of gas turbines, has launched its Indian Subsidiary, Turbomeca Turbochargers Industrial India (TTII).

Click the following link http://ww4.6URL.com/08GB to read the complete article.

View Article  Samsung to pump in $15 m for handset facility in Haryana

Samsung on Friday announced that it would set up a handset manufacturing facility at Manesar in Gurgaon district with an investment of $15 million.

Click the following link http://ww4.6URL.com/08G7 to read the complete article.

View Article  RBI may cap banks’ derivatives exposure, link it to net worth

The exotic world of derivatives may be in for a jolt. Bankers have received firm indications that the Reserve Bank of India (RBI) will soon put a cap on the size of the currency and interest rate derivatives book that a bank can run.

Click the following link http://ww4.6URL.com/08FH to read the complete article.

View Article  Tata launches first sports utility truck

 Tata Motors Ltd has launched a new range of sports utility truck (SUT), a first of its kind offering by any Indian automobile company, that doubles as a pick-up as well as a sports utility vehicle (SUV).

Click the following link http://ww4.6URL.com/08FG to read the complete article.

View Article  Iran-Pak-India pipeline project on track'

Dispelling apprehensions about the proposed multi-billion Iran-Pakistan-India gas pipeline project, India on Thursday said that the project is going on the right track.

Click the following link http://ww4.6URL.com/08FF to read the complete article.

View Article  LPG shortage will be overcome by month-end: Aiyar

With the ban on new LPG connections having been lifted from December 1 onwards, Petroleum and Natural Gas Minister Mani Shankar Aiyar has said that the situation would further ease as shortage of cooking gas has largely been overcome.

Click the following link http://ww4.6URL.com/08FE to read the complete article.

View Article  IRDA gets more power

The Union Government has authorised the Insurance Regulatory and Development Authority (IRDA) to grant permission to foreign insurance companies for setting up liaison offices in the country. Earlier, the Reserve Bank of India was performing this task.

Click the following link http://ww4.6URL.com/08FD to read the complete article.