Geojit Fin bags approval for Saudi broking operation

Tuesday, December 26, 2006, 13:08 [IST]

New Delhi, Dec 26: Stock broking company Geojit Financial Services today said its Saudi Arabia-based joint venture, Aloula Geojit Brokerage Company, has received licence to start broking operations in Saudi Arabia.

Post the approval from Capital Market Authority, the licencing authority for broking operations in Saudi Arabia, the joint venture will invest an initial capital of 100 million saudi riyal in the project.

In addition to being a joint venture partner, the company will manage the operations of the joint venture.

UNI

Other articles published on December 26, 2006

TNTF stage demo opposing VAT in city

Tuesday, December 26, 2006,13:09 [IST]

Chennai, Dec 26: Members of the Chennai District unit of the Tamil Nadu Traders Federation (TNTF) staged a noisy demonstration here today, urging the state government to immediatelty withdraw the Tamil Nadu VAT Act, 2006, as it would badly affect the small traders. Addressing the demonstrators, Federation State President T Vellaiyan, who led the stir said the traders would continue with their struggle till the state government withdraws the Act. The traders would.....

petrol outlets strike work in UP

Tuesday, December 26, 2006,13:09 [IST]

Lucknow, Dec 26 (UNI) About 4000 petroleum outlets in Uttar Pradesh went on an indefinite strike from today, demanding an immediate reduction of sales tax on petroleum products and make it on par with other adjoining states. Uttar Pradesh Petroleum Traders Association has called for an indefinite strike in the state from 0600 hrs this morning after the Mulayam Singh Yadav government failed to accept their demands. The Association is demanding reduction of tax on.....

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Difficult to run govt with irresponsible oppn: Buddha

Tuesday, December 26, 2006,13:09 [IST]

Kolkata, Dec 26: Even as Trinamool supremo Mamata Banerjee's hunger strike entered the 23rd day today, West Bengal Chief Minister Buddhadeb Bhattacharjee said it was difficult to run a government with such an 'irresponsible opposition'. Speaking at the 152nd Annual General Meeting of Bengal Chamber of Commerce and Industry, the Chief Minister said, ''How can we run a government with an opposition like this? We had discussed about the Tata's small car project with.....

Asian nations remember tsunami two years on

Tuesday, December 26, 2006,13:10 [IST]

Ulee Lheue (Indonesia), Dec 26: Thousands of people lit candles, visited mass graves and observed two minutes of silence today two years after an unprecedented tsunami pulverised villages along the Indian Ocean and killed 230,000 people. At a mosque in Ulee Lheue, Aceh, the Indonesian province worst hit by monster waves that came rolling out of the sea on a bright Sunday morning, imam Usman Dodi told worshippers the tsunami was a religious warning......

Silver, Gold further hike on bullish global advices

Tuesday, December 26, 2006,13:39 [IST]

Mumbai, Dec 26: Prices of Silver and Gold today continued their upward trend on account of bullish global advice in the opening session, traders at the Bombay Bullion Association said. Following were the opening rates of spot Silver and Gold: Silver (per kg).999 fineness grade: Rs 19,300 Gold (per 10 gm): Gold 99.5 purity standard mint : Rs 9,050 Gold 99.9 purity pure Gold :.....