| Lutron launches ultimate wireless occupancy sensor solution | 23-NOV-09 |
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| Lutron Electronics Co. Inc., the world leader in light control, launches the Radio Powr Savr and Rania Wireless RF Switch, an innovative, wireless sensor and switch designed for easy installation and optimum energy savings. As a retrofit solution, the Radio Powr Savr occupancy/vacancy sensor requires no wiring in and as such, can be installed in a matter of minutes. |
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| Barclays launches 'Semi-Fixed Loan against Property' | 23-NOV-09 |
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| Today, Barclays Global Retail Bank (GRB) India launched ‘Semi – Fixed’ Loans against Property (LAP) a first-of-its-kind in this category. Through this feature, customers availing of LAP, will be given a fixed interest rate for the first two years after which the rate of interest will become variable. This offering would help customers limit their interest rate risk. |
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| 20,000 MW grid solar power by 2022 under Nehru solar mission | 23-NOV-09 |
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| The mission also aims to develop solar technologies for making solar power competitive to conventional grid power and install 20 million square metre solar thermal collective area by 2022, New and Renewable Energy Minister Farooq Abdullah told Rajya Sabha in a written reply. |
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| United Spirits acquires Tern Distilleries | 23-NOV-09 |
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| United Spirits today acquired the entire share capital of Tern Distilleries (Tern) based in Andhra Pradesh for Rs 13.42 crore. Consequent to this acquisition, Tern has become a wholly owned subsidiary of United Spirits. |
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| ESS scouts for channel partners | 23-NOV-09 |
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| Eastern Software Systems (ESS), India’s leading ERP Company has announced that it has launched an aggressive campaign to strengthen its channels route. ebizframe, the flagship ERP product of ESS is a 10 year old, mature, highly successful web enabled ERP software with over 600+ customers using it across 25+ countries. ESS is a CMM Level5 certified company, a demanding software development maturity certification that has been achieved only by around 160 companies globally. That ESS is also an ISO9001:2008 certified company tells you that it is keen to keep up quality standards with global best. A totally ERP focused organization, ESS is proud of its sustained growth and consistently positive balance sheets even in worse of economic scenarios. |
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| Climate meet:India wants 'legally binding substantive' outcome | 23-NOV-09 |
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| India does not endorse efforts to dilute expectations from the Copenhagen climate summit and is pushing for a "legally binding substantive" outcome, a matter that will be discussed during Prime Minister Manmohan Singh talks with US President Barack Obama. |
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| Dish TV announces pricing of GDR offering | 23-NOV-09 |
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| Dish TV’s board of directors, at its meeting held today, approved the pricing of the Global Depository Receipt (GDR) issue. The issue price of $854.50 per GDR, representing 1,000 underlying company shares of Re 1 each. |
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| Maruti Suzuki to launch van to replace Versa | 23-NOV-09 |
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| Maruti Suzuki India (MSI), the country's largest car maker, today said it will launch a new van within this fiscal to replace its MPV Versa, whose production has been stopped. |
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| US Senate passes unanimous resolution on India and PMs visit | 23-NOV-09 |
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| Welcoming the State Visit of Prime Minister Manmohan Singh, the US Senate today passed a unanimous resolution saying that India and the United States can together make "enormous contributions" in addressing the challenges of the 21st century. |
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| Shipping: All hands on deck | 23-NOV-09 |
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| The upswing in Baltic Dry Index numbers recently to a 14 month high closing at 4661 on 19 November 09, raised hopes that a revival for the shipping sector is afoot sending shipping stocks zooming. Freight and tanker rates dropped sharply in July - September 09 quarter, but gained strength in October 09 which has sustained through November 09 as well. |
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