Mercantile Ins: The Securities and Exchange Commission (SEC) has approved the rights offer of Mercantile Insurance Company Ltd for 1,650,000 ordinary shares of Tk 100 each at an issue price of Tk 150 per share (including a premium of Tk...
bank for the year 2010 has been assigned to Credit Rating Information and services Limited (CRISL). Their rating will be disclosed to the regulators and in the print media as soon as it is received. In the 16th Annual General...
Syful Islam The government will initiate a process to partner with the private sector to run the publicly owned jute mills in an attempt to turn around the ailing state entities, officials said Monday. "Our initial plan is to run...
FE ReportTwenty-one deputy general managers (DGMs) of state-owned banks and financial institutions have been promoted to the post of general manager (GM), according to an office order, issued by the Ministry of Finance on Monday. The order contained postings of...
TOKYO, Mar 22 (AP): Toyota Motor Corp and Honda Motor Co are extending their shutdown of auto production in Japan amid a shortage of parts following a colossal earthquake and tsunami earlier this month. Japanese automakers are struggling with power...
NEW DELHI, Mar 22 (Reuters): Dell Inc's annual revenue in India is nearing $2 billion and the world's No 2 maker of personal computers plans to add more staff in the country, its chief executive said. "We are continuing to...
LONDON, Mar 22 (AFP): Scottish oil and gas explorer Cairn Energy said Tuesday that annual net profits rocketed to $794.3 million (558 million euros) on record revenues and rising production in India. The Edinburgh-based group also expressed confidence that it...
COLOMBO, Mar 22 (LBO): Sri Lanka's tourism authority says another one thousand rooms will be added to the current tourist accommodation by the end of the year to cater to booming demand. "One thousand rooms will be added and they...
MUMBAI, Mar 22 (Business Standard): The $68-billion conglomerate, Tata Group, has become the first Indian brand to figure in the top 50 global companies. Reliance Industries, however, slipped to 133 from 108 with a brand value of $ 6.99 billion....
WASHINGTON, Mar 22 (Reuters): Sales of previously owned US homes plunged in February and prices hit their lowest level in nearly nine years, implying a housing market recovery was still a long way off. The National Association of Realtors said...
bank for the year 2010 has been assigned to Credit Rating Information and services Limited (CRISL). Their rating will be disclosed to the regulators and in the print media as soon as it is received. In the 16th Annual General...
Syful Islam The government will initiate a process to partner with the private sector to run the publicly owned jute mills in an attempt to turn around the ailing state entities, officials said Monday. "Our initial plan is to run...
FE ReportTwenty-one deputy general managers (DGMs) of state-owned banks and financial institutions have been promoted to the post of general manager (GM), according to an office order, issued by the Ministry of Finance on Monday. The order contained postings of...
SINGAPORE, Mar 22 (Commodity Online): Global oil prices continued to advance further as concerns over possible oil supply cuts from the troubled Middle East and North Africa (MENA) region escalated. Light sweet crude for April delivery was seen trading at...
LONDON, Mar 22 (Commodity Online): With perceptions of nuclear power souring amid the unfolding Japanese disaster, analysts expect subsequent gains for natural gas and renewables. Japan is struggling to contain the worst nuclear disaster since the 1986 meltdown at the...
BEIJING, Mar 22 (Commodity Online): China food inflation is set to decline thanks to increased supplies on Spring Festival Yao Jian, spokesman of the Ministry of Commerce said that prices of food grains and cooking oil will remain stable. According...
MUMBAI, Mar 22 (Commodity Online): CRISIL believes that milk prices in India will continue to rise over the medium term because of sustained demand-supply mismatch and increasing input costs. The Government of India's recent order prohibiting export of milk powder...
SEATTLE, Mar 22 (Commodity Online): With the coffee prices soaring around the world, coffee bean processors are also hiking prices to address eroding margins. Three US roasters have hiked prices: Kraft food (22pc), Massimo Zanetti Beverages USA (12pc), Starbucks packaged...
MUMBAI, Mar 22 (Commodity Online): Gold imports by India, the largest consumer and importer of the yellow metal in the world, is going to touch a record high in 2011 despite the high prices of gold. According to initial estimates...
AHMEDABAD, Mar 22 (Commodity Online): Overnight gains in Crude and base metals saw silver open higher at 53,245 as base metals gave up their gains. In earlier session, silver reached an intraday low of 53,245 but renewed buying interest brought...
Syful Islam The government will initiate a process to partner with the private sector to run the publicly owned jute mills in an attempt to turn around the ailing state entities, officials said Monday. "Our initial plan is to run...
FE ReportTwenty-one deputy general managers (DGMs) of state-owned banks and financial institutions have been promoted to the post of general manager (GM), according to an office order, issued by the Ministry of Finance on Monday. The order contained postings of...
Our Correspondent RANGPUR, Mar 22: Tobacco cultivation is increasing alarmingly in Rangpur district as some tobacco companies are reportedly giving the cultivators financial support to grow the crop massively in the district. According to concerned sources, a total of 5,300...
Our Correspondent NILPHAMARI, Mar 22: Local Government Division of the Ministry of Local Government and Co-operatives allotted Tk 28.6 million for Nilphanari district for the development works of all 60 Union Parishads of the district. Each Union Parishad would formulate...
KURIGRAM, Mar 22 (BSS): Two persons including a minor boy were killed in two separate road accidents in the district Monday night. Police and local sources said the minor boy was killed when a speedy bus hit him while he...
BAGERHAT, Mar 22 (UNB) : At least 22 people were injured in clashes between two groups over union parishad election at Talbunia of Rampal Upazila and Tafalbari Bazar of Sharankhola Upazila Monday. In Bashtali Union, police and locals said supporters...
LAXMIPUR, Mar 22 (UNB) : Two stalkers were arrested for sexually harassing two female students at Hasandi village in Sadar Upzila Monday noon. The arrestees were identified as Shamim (20), son of late Ruhul Amin and Ariful Islam Sumon (18),...
RANGPUR, Mar 22 (BSS): A student of class six was strangled after snatched his mobile phone in village Nazar Mamud under Pirgachha Upazila here Sunday evening and one was held on Monday on charges of murder, police sources said. The...
RAJSHAHI, Mar 22 (BSS): A cycle-rally was brought out at Tanore Upazila Monday demanding immediate step for re-excavation and conservation of the derelict ponds and canals in the vast barind tract for enriching the surface water resources. In a pre-rally...
A CorrespondentMAGURA, Mar 22: OMS rice is being used in Magura for making pitha (cake). OMS dealers in Magura are selling Atap rice for last two weeks. But as the common people are not in the habit of eating Atap...
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