Archive for November, 2009

India-France civil nuclear agreement unanimously adopted by French Parliament

Friday, November 27, 2009 20:53

New Delhi: In a major development, the French Parliament has unanimously adopted the civil nuclear agreement between India and France.

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Use of RFID technology in pharmaceutical industry will rise in next 18 months, says survey

Friday, November 27, 2009 7:56

Pharmaceutical companies recently started looking at the potential benefits of using radio-frequency identification (RFID) to track finished products, though they have been making use of the RFID technology for years now in niche applications like tracking laboratory samples.

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Reliance confirms bid for Dutch chemical maker LyondellBasell

Reliance confirms bid for Dutch chemical maker LyondellBasell

Wednesday, November 25, 2009 20:48

Reliance Industries Limited (RIL), the biggest private-sector company in India, has confirmed that it has submitted to LyondellBasell Industries (LBI), a privately owned multinational chemical company based in the Netherlands, a preliminary non-binding offer to buy, in cash, a controlling interest in the latter once it emerges from the Chapter 11 bankruptcy protection.

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Government makes 5% ethanol in petrol mandatory

Monday, November 23, 2009 19:03

New Delhi: The Union Cabinet has issued a directive to the Ministry of Petroleum and Natural Gas to make it mandatory for all oil-marketing companies to sell petrol mixed with 5% ethanol.

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Government convenes all-party meeting on sugarcane price

Sunday, November 22, 2009 6:44

New Delhi: The Central Government has decided to hold an all-party meeting on November 23, 2009, to discuss the new policy on sugarcane after the Opposition parties jointly opposed the policy in the Lok Sabha and the sugarcane farmers demonstrated outside Parliament.

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Next Tata group head may be an expatriate says Ratan Tata

Thursday, November 19, 2009 14:44

Ratan Tata, the head of India's most respected Tata group, has said that the next successor to the Tata group empire could be an expatriate, Wall Street Journal has reported.

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Satyam gets legal notices from 37 companies seeking repayment of Rs 1230.4 crores

Wednesday, November 18, 2009 15:26

According to a stock exchange announcement by Mahindra Satyam, on November 17, 2009, 37 companies have served legal notices to Satyam Computer Services (now Mahindra Satyam) seeking a repayment of Rs 1230.4 crores.

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ING Vysya Life Insurance introduces unit-linked ‘ING Flexi Life Plus’

Tuesday, November 17, 2009 18:47

ING Vysya Life Insurance has launched a unit-linked investment solution, named ING Flexi Life Plus, which offers flexibility in payments of premium as well as the convenience to change premium amount during the term of the policy.

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Nokia Money mobile-banking services in India

Monday, November 16, 2009 19:36

Nokia, the biggest maker of mobile phones in the world, is planning to launch soon its financial and banking services in India under the name ‘Nokia Money.’

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Termsurance Protection Plan from IDBI Fortis Life Insurance

Saturday, November 14, 2009 5:26

IDBI Fortis Life Insurance has launched the Termsurance Protection Plan, which the company describers as a flexible protection plan that provides large insurance cover at an affordable cost.

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