Softbank arm, Venture Tech to invest $20 million in Sify
SATYAM Computer today announced that its Nasdaq-listed subsidiary Satyam Infoway (Sify) would receive fresh investments of $ 20 million from Softbank Asia Infrastructure Fund (SAIF), through a company controlled by SAIF, and Venture Tech ...
BPCL-IOC liquid jetty opened at JN port
ONE of the first third party cargoes to be handled by the BPCL-IOC liquid jetty at the Jawaharlal Nehru Port Trust (JNPT), which was formally inaugurated by Mr Ram Naik, Union Petroleum Minister, on Friday, will be that of Reliance. According ...
Indian tonnage sinking; SCI delay adds to woes
THE Shipping Ministry has expressed concern over the decline in national tonnage as companies decide to move out of the shipping business to stay afloat, while others plan to flag out their ships in the absence of adequate fiscal incentives to ...
IDBI may recall deep discount bonds
INDUSTRIAL Development Bank of India (IDBI) may recall deep discount bonds (DDBs) from its Flexibonds-3 issue, totalling Rs 45.44 crore, in March 2003. Mr O.V. Bundellu, Chief General Manager, IDBI, today said the institution might exercise ...
Now, royal designer chocolate
CASHING in on his creativity, designer labels and royal lineage, fashion designer Raghavendra Rathore, this time round, has created one of the first Indian designer chocolates to hit the high premium food market in the country and abroad. ...
Walking Kolkata on the ramp
THE R P Goenka family, which controls power utility CESC, is busy organising what is being described as the city's biggest fashion show in recent times. Mr Sanjiv Goenka, Vice-Chairman of the RPG group, was for once in the shadows, leaving the ...
SEBI debars 5 Ambuja Zinc directors
THE Securities and Exchange Board of India has debarred Ambuja Zinc Ltd (AZL) and the company's five directors from accessing the capital market for five years. The action follows the Calcutta Task Force (comprising DCA Officers, SEBI officials ...
Data Access eyes NLD
AFTER making a splash in the international long distance (ILD) segment, telecom major Data Access (India) Pvt Ltd is eyeing the lucrative national long distance (NLD) segment, intending to ride on the backbone infrastructure of rival Reliance ...
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