Numeric Power sells UPS business for Rs.859 crore

February 10th, 2012 - 10:54 pm ICT by IANS
Chennai, Feb 10 (IANS) City-based Numeric Power Systems Ltd will deploy the sale proceeds of the uninterrupted power systems (UPS) business in strengthening its renewable energy (wind and solar) and ... Read more...

Posted in Business |

Mexican phone giant delists from foreign exchanges

December 21st, 2011 - 11:44 am ICT by IANS
Mexico City, Dec 21 (IANS/EFE) Telefonos de Mexico SAB, the country's dominant fixed-line telephone company, announced it is delisting its shares from foreign stock exchanges, including the New York Stock ... Read more...

Posted in Business |

Jaiprakash Associates gets Rs.2,079 crore Bhutan projects

July 25th, 2011 - 9:00 pm ICT by IANS
New Delhi, July 25 (IANS) Diversified infrastructure firm Jaiprakash Associates said Monday it has got two contracts worth Rs.2,079 crore for construction of 990 MW hydro power projects in ... Read more...

Posted in Business |

Atlas Copco to delist from Indian bourses

March 2nd, 2011 - 9:12 pm ICT by IANS
New Delhi, March 2 (IANS) Atlas Copco, the Indian arm of the Sweden-based Atlas Group, Wednesday said it had decided to delist its stock from Indian bourses as the firm's ... Read more...

Posted in Business |

Spanish firm files for delisting from New York Stock Exchange

February 24th, 2011 - 12:21 pm ICT by IANS
Washington, Feb 24 (IANS/EFE) Spanish energy company Repsol-YPF officially informed the US Securities and Exchange Commission (SEC) of its decision to delist from the New York Stock Exchange, where its shares had ... Read more...

Posted in Business |

Bush-era officials urge Obama to strike off Iran opposition group from terror list

December 18th, 2010 - 5:12 pm ICT by ANI
Washington, Dec 18 (ANI): Several Bush-era officials have urged the Obama administration to strike off an Iranian opposition group from its terror blacklist, and support the regime change in Iran.Former ... Read more...

Posted in South Asia |

Nirma shareholders vote for delisting

November 22nd, 2010 - 3:56 pm ICT by IANS
Mumbai, Nov 22 (IANS) Shareholders of detergent manufacturer Nirma Monday voted for delisting the company from the stock exchanges.As many as 99.8 percent of the valid votes were in favour of delisting, ... Read more...

Posted in Business |

UN removes five former Taliban members from sanctions list

July 31st, 2010 - 1:20 am ICT by IANS
United Nations, July 30 (IANS) The UN announced Friday it has removed five former senior members of the Taliban regime in Afghanistan from its sanctions blacklist. The UN Security Council Al Qaeda ... Read more...

Posted in Politics |

Public sector insurers to push for a common claims settling agency

July 11th, 2010 - 2:58 pm ICT by IANS
Chennai, July 11 (IANS) The four government-owned non-life insurers -- National Insurance, New India Assurance, Oriental Insurance and United India Insurance-- will soon be taking forward their idea of floating a ... Read more...

Posted in Health |

BJP woos parties against government on price rise platform

February 8th, 2010 - 4:25 pm ICT by IANS
New Delhi, Feb 8 (IANS) Ahead of the budget session, the Bharatiya Janata Party (BJP) Monday said it will launch a nationwide stir and get opposition parties, including the Left, on ... Read more...

Posted in Business |

HSBC InvestDirect plans to delist from Indian bourses

October 9th, 2009 - 8:48 pm ICT by IANS
Kolkata, Oct 9 (IANS) HSBC InvestDirect has started the procedure to delist itself from Indian bourses, a top official said here Friday. "We have already delisted from Luxembourg Exchange and we have also ... Read more...

Posted in Business |

Nortel to shut down, sells wireless business to Nokia

June 20th, 2009 - 11:43 am ICT by IANS
Toronto, June 20 (IANS) Toronto-headquartered Nortel, which is under bankruptcy protection in both the US and Canada, has announced that it will liquidate itself. In a statement issued Friday, the 127-year-old Canadian telecom ... Read more...

Posted in Business |

Government issues stricter delisting norms

June 15th, 2009 - 9:24 pm ICT by IANS
New Delhi, June 15 (IANS) Companies that have incurred losses for three consecutive years and have negative net worth can be delisted, the government and the securities market regulator announced Monday. Companies can ... Read more...

Posted in Business |

Regulator wants more powers for portfolio management clients

May 14th, 2009 - 9:48 pm ICT by IANS
Kolkata, May 14 (IANS) After asking portfolio management services companies to keep separate accounts for each client's assets, India's market regulator now wants to empower the clients to verify their assets in ... Read more...

Posted in Business |

Vedanta plans to acquire entire shares of Madras Aluminium

January 20th, 2009 - 6:32 pm ICT by IANS
Chennai, Jan 20 (IANS) Contrary to its earlier restructuring plans for Madras Aluminium Co (Malco), the Vedanta group has decided to acquire the entire shareholding of the Salem-based firm and perhaps delist ... Read more...

Posted in Business |

US to postpone removal of North Korea from blacklist

August 11th, 2008 - 2:39 pm ICT by IANS
DPA Tokyo, Aug 11 (DPA) US Secretary of State Condoleezza Rice said Monday Washington would postpone removal of North Korea from a list of state sponsors of terrorism, Japanese media reports said Monday. ... Read more...

Posted in Uncategorized |

G8 foreign ministers start meeting in Kyoto

June 26th, 2008 - 5:51 pm ICT by IANS
DPA Kyoto (Japan), June 26 (DPA) Foreign ministers of the Group of Eight (G8) Thursday started a two-day meeting in Japan as international attention focused on North Korea's long-expected declaration of its nuclear ... Read more...

Posted in World |