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Sunday, December 12, 2004

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Forex reserves vault by $3.79 b, touch $130.7 b
THE country's forex reserves soared by $3.794 billion for the week ended December 3, 2004, the highest accretion in a week seen in 2004, as per the latest RBI statistics. According to analysts, revaluation gains, notable foreign investment ... More

In every adversity, there is an opportunity, Anil reminds family
AS a battle of sorts rages within the promoter family of Reliance Industries, Mr Anil Ambani, its Vice-Chairman, has reminded his family that in every adversity, there is an opportunity. "I would like to remind my respected elder brother ... More

Mukesh at convocation, keeps silence
"PLEASE step back, you are interfering in the proceedings, the event is basically for the students, move out of the action zone, please keep quiet, tell me when you are settled so that we can begin, please do not make noise, please move back... ... More

Polyplex arm to list on Thai bourse
POLYPLEX Thailand Ltd, a subsidiary of the listed company Polyplex Corporation, is all set to make its debut on the Thailand Stock Exchange with its IPO listing on December 15. This is the first time that a company of Indian parent is being ... More

ST Telemedia-TM Intl to acquire 47.7 pc stake in Idea Cell
SINGAPORE Technologies Telemedia and TM International have announced that their consortium has signed definitive agreements for the acquisition of 47.7 per cent stake in Idea Cellular. The total consideration of the deal is approximately $390 ... More

India-Bangladesh cricket series no big deal for advertisers
THE Indian cricket team's tour of Bangladesh may not have been the most eagerly awaited series, but the threat by a radical Bangladeshi group on them put the series under the spotlight. And sports broadcaster ESPN-Star Sports is hoping that this ... More

PAN mandatory in tax challans from Jan 1
QUOTING Permanent Account Number (PAN) and Tax deduction Account Number (TAN) on income-tax challans will be mandatory from January 1, the Government has said. The move is aimed at ensuring correct and prompt credit of taxes to taxpayers, an ... More

Award for excellence in business journalism
Mr C.R.L. Narasimhan, Business Editor of The Hindu, has been awarded the `Excellence in Business Journalism Award for the year 2003-04' by the Association of Business Communicators of India (ABCI) here. The ABCI is a 49-year-old ... More




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