Three PSBs ink pact for strategic collaboration
Oriental Bank of Commerce (OBC), Indian Bank and Corporation Bank today signed an alliance to share business. The Memorandum of Intent (MoI) will cover e-payment systems, sharing of IT infrastructure, training, ATMs, treasury resources, loan ...
More
BHEL to pay 145 pc dividend
Bharat Heavy Electricals Ltd (BHEL) has announced an all-time high dividend payout of 145 per cent of its equity share capital for 2005-06, beating the previous high of 80 per cent announced for 2004-05. The company's turnover for the last ...
More
International roaming to attract service tax
The Finance Ministry wants to make it clear that domestic telecom operators would have to fork out service tax on the international roaming services provided by them to people coming in from abroad. It has said that revenues from such services ...
More
Reliance seeks spectrum for 3G trials
Reliance Communications has sought permission from the Department of Telecom for conducting trials for 3G services. Reliance Communications has applied for 3G spectrum in seven circles Orissa, West Bengal, Kolkata, Madhya Pradesh, North ...
More
Ashok Leyland turns active
The stock of Ashok Leyland Ltd (ALL) appreciated by almost 11.5 per cent month-on-month only to close at Rs 41.85 on the BSE on Friday. Apart from improved fundamentals, expectations of a strategic partner being inducted vis-à-vis the fact that ...
More
Vimta Lab: Betting on clinical reference
The counter of Vimta Labs has seen almost a 26-per cent appreciation month on month, on the BSE with the stock ending at Rs 198.25 at the bourse on Friday. The counter has gained around 4 per cent plus over the past week. Marketmen maintain ...
More