Royal Sundaram Alliance Insurance Company Limited, which announced its annual results for 2006-07, registered a 168 per cent growth in Profit Before Tax for the financial year ended March 2007. This performance, based on a 30 per cent growth in revenues, results in a 16 per cent post tax return on equity during 2006/2007. The […]
MPs’ foreign visit to be monitored
The spectre of human trafficking looms large over Chennai now after reports of such trafficking in the North captured headlines. With a view to curbing it, Central Intelligence has decided to maintain strict surveillance at all major airports to monitor MPs’ foreign visits and to list out those accompanying them. This was decided at a […]
Is the party over for Maran?
The chain reaction triggered by the Madurai Dinakaran episode in the DMK looks like racing towards its logical end with the voice of opposition within the DMK president’s family is growing at a rapid pace to oust Dayanidhi Maran from the party and strip him of his Parliament membership. According to informed sources in DMK […]
Indian banks need to grow in size: D&B
The Indian banking industry is in for daunting times. Despite economic boom which throws a host of opportunities for the banking industry to grow ahead, the major challenge for the Indian banks is to create a size that would be effective in dealing with the global competition, said Dun & Bradstreet. (D&B) Banks in Asia, […]
Shri Andal Azhagar Kalyana Mandapam Demolition begins
The National Highways Authority of India on Thursday began demolition of Shri Andal Azhagar Kalyana Mandapam, at Koyambedu, which was owned by the actor-turned politician, A. Vijayakant, to make way for a grade separator. The demolition of the marriage hall building began around 8 a.m. on Thursday with the NHAI authorities deploying dismantling, demolition and […]
India seeks higher-value outsourcing work
In an office in the southern port city of Chennai, Indian analysts pore over stock market data for a London-based fund company, searching for investment opportunities. Some 1,200 miles away in Gurgaon, on the outskirts of Delhi, Indian lawyers have taken over research and patent filing for several Western technology and healthcare companies. These are […]
Helion venture fund invests in Chennai outsourcing firm
Helion Venture Partners, a $140-million India-focused, stage independent venture fund, will announce today (Wednesday) its decision to invest in Chennai-based Anantara Solutions Private Limited, ‘a new generation outsourcing firm’. In Chennai, to announce the investment, Mr Sanjeev Aggarwal and Mr Ashish Gupta, Managing Directors of Helion, told Business Line that Anantara’s business model and its […]
DELL to set up production unit near Chennai
Global computer major DELL on Thursday signed a memorandum of understanding (MoU) with the Tamil Nadu government to set up its manufacturing plant in the special economic zone near Sriperumbudur. The unit would come up on 50 acres in the SEZ, at an investment of Rs 280 crore and is expected to attract major component […]
Skype 2.6 for Mac released
eBay owned VoIP service provider Skype has launched the Skype 2.6 for Mac. This software has been going beta testing since quite some time. The company said that the final release is now available as a free download from their website. What is Skype? Skype is a Voice Over IP (VOIP) technology powered communication software […]
Yahoo! OneSearch now available in India
US based internet company Yahoo has announced that they have now launched their mobile search application Yahoo OneSearch in the Indian market. The company claims that this new search service redefines the way people would search the web using their mobile devices. Yahoo adds that the service has been designed to provide users exactly what […]
Google launches Experimental search on Google Labs
Search engine giant Google has added an Experimental search feature on their Google Labs website. This section would feature some of the experiments Google is conduction with their search services to make them more useful for the end user. Currently the Experimental search features four different searching options. These are: Timeline and map views: See […]
Reliance Communications now offering calls to US and Canada at Rs 1.99/minute
Indian telecom service provider Reliance Communications has announced their latest Reliance global call card worth Rs. 1900. These cards would enable the user to make ISD calls to both USA and Canada at an economical cost of Rs. 1.99 per minute. Anil Dhirubhai Ambani group company’s President (Personal Business) S P Shukla spoke about this […]
