Aamra Technologies’ IPO approved
February 21, 2012
The Securities and Exchange Commission yesterday approved the initial public offering prospectus of Aamra Technologies Ltd (ATL) to raise Tk 51.77 crore from the public.
The approval came at a meeting of the stockmarket regulator with SEC Chairman M Khairul Hossain in the chair. Using the fixed price method, ATL will float 2.15 crore ordinary shares of Read more
Telcos seek more time to pay licence renewal fees
February 20, 2012
Four mobile operators will not pay outstanding fees for their licence renewal before they receive the certified copies of the High Court’s verdict on the Grameenphone versus BTRC case.
Officials of Grameenphone, Banglalink, Robi and Citycell yesterday met Zia Ahmed, chairman of Bangladesh Telecommunication Regulatory Commission, and expressed Read more
InterContinental signs Ruposhi Bangla deal
February 20, 2012
InterContinental Hotels Group (IHG), a leading global hotel chain, yesterday signed an agreement to take over the operations and management of Ruposhi Bangla Hotel in Dhaka.
Under the deal, the hotel will undergo extensive renovations in the next two years. It will then be handed over to IHG for a period of 30 Read more
InterContinental agrees to take over Ruposhi Bangla
February 19, 2012
After a gap of 29 years, InterContinental Hotels Group (IHG), a leading global hotel chain, has agreed to take over the operations and management of Ruposhi Bangla Hotel in Dhaka, officials said yesterday.
At a ceremony today, the UK-based hotel group will sign a deal with Bangladesh Services Ltd (BSL) that owns Ruposhi Bangla, one of the country’s top hotels, said Civil Aviation and Tourism Minister Read more
Telcos puzzled by regulator’s new letter
February 18, 2012
Licence Renewal Fees
Telcos puzzled by regulator’s new letter
Four mobile telephone operators are confused over a letter from Bangladesh Telecommunication Regulatory Commission that asked them to pay a due amount and late fees for licence renewal.
The BTRC on Wednesday asked Grameenphone, Banglalink, Robi and Citycell to deposit a combined amount of Tk 857.46 crore within 10 days to renew their Read more
Nano to be launched in Bangladesh this month
February 12, 2012
Nitol Group, distributor of Tata Motors in Bangladesh, will start marketing the Nano car this month.
“We will import 100-200 cars and move forward depending on market demand,” said Abdul Matlub Ahmed, chairman of Nitol.
One of the smallest as well as lowest powered (624cc) cars in the world, the Nano was Read more
Eskayef beats rivals in sales growth
January 26, 2012
Eskayef Bangladesh Ltd, one of the fastest growing pharmaceutical companies in the country, posted nearly 25 percent growth in sales last year, the highest in the industry, riding on products innovation and aggressive marketing.
In 2001, the healthcare solution provider sold medicines worth Tk 451 crore, up Read more
BASIS SoftExpo on Feb 22-26
January 22, 2012
SoftExpo 2012, the largest exposition of software and ICT enabled services (ITES) will be held on February 22-26. Bangladesh Association of Software and Information Services (BASIS), the organizers of the show announced that the event will take place at Bangabandhu International Conference Centre in the capital.
The theme for this year’s softexpo’s is ‘Empowering Next Generation’ Read more
New CEO for HSBC
January 16, 2012
The Hong Kong and Shanghai Banking Corporation (HSBC) has appointed Andrew Tilke as the chief executive officer of HSBC Bangladesh, effective from today.
Tilke joined HSBC Group in 1983 and has worked in a variety of roles in Europe and the Asia-Pacific region, the bank said in a statement yesterday Read more
Rahimafrooz gets nod to launch unit in India
January 11, 2012
Battery maker Rahimafrooz eyes a big jump in sales in the Indian market as the company won a battle to set up a subsidiary in the neighbouring country, a senior official of the company said yesterday.
Rahimafrooz had long been lobbying with the Indian government for getting approval from the central government to set up the company as the demand for its batteries is on the rise in the Indian Read more
Advertisement
