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Monday, November 08, 2004

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To make liquefied natural gas project attractive to new buyer — Govt asks Petronet to complete Dabhol terminal
PETRONET LNG Ltd (PLL) may take over and complete Dabhol Power Company's (DPC) unfinished five-million-tonne liquefied natural gas import terminal to help make the project attractive to a new buyer. The Government has asked PLL to complete the ... More

Ministry wants RBI to review ownership norms for private sector banks
THE Ministry of Finance has suggested to the Reserve Bank of India that when a bank is looking at investing in an Indian private sector bank, the central bank should also consider the equity structure of the investor bank to determine the extent ... More

Pharma companies swing to the Samba beat
DOMESTIC pharmaceutical companies are drumming up the beat in the Latin American markets. Ranbaxy Laboratories, Nicholas Piramal, Zydus Cadila, IPCA Laboratories, Ind-Swift Laboratories and a host of others are expanding their operations in this ... More

Benetton plans string of megastores — `Focus in India to remain on distribution, retailing'
MR Luciano Benetton, Chairman and Founder of the Benetton Group, sees India possessing adequate speed and modernity that would enable its brand, United Colours of Benetton, to generate significant business in the near future. The Italy-based ... More

CII expects GDP to grow at 6.5 pc in 2004-05
THE Confederation of Indian Industry (CII) has pegged the GDP growth for 2004-05 at around 6.5 per cent, with the industry and services sectors expected to lead the way. The chamber, in its latest report on the economy, has said that the growth ... More

Diwali week may see a boom
Historically speaking, the chances of trend reversal have been high in the circumstances. More

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