The Hindu Business Line : Wednesday, May 10, 2006

Suppliers flay STC wheat tender
Terms and conditions of the new STC tender for import of three million tonnes of wheat have raised the backless of potential participants. The terms are widely seen as onerous and intended to keep many participants at bay. There is also ... More

LIC, SBI, Goldman Sachs hike stake in Reliance Petro
Life Insurance Corporation of India (LIC), Goldman Sachs and State Bank of India (SBI), which have taken equity stakes in Reliance Petroleum Ltd (RPL) through the pre-IPO placement, have hiked their stakes in the Mukesh Ambani Group company by ... More

Federal Mogul makes fresh bid to increase stake in Goetze
American auto components major Federal Mogul Corporation on Tuesday made a renewed bid for acquiring an additional 24.64 per cent stake in Goetze India Ltd (GIL) and offered Rs 222.5 per equity share against the Rs 205-215 price-band proposed ... More

UP Power Corpn fined for grid violation
The Central Electricity Regulatory Commission (CERC) on Tuesday imposed a fine of Rs 1 lakh on the Uttar Pradesh Power Corporation Ltd (UPPCL)for continuous violation of grid code norms. Acting on a petition by the Northern Region Load ... More

States' interest may spur C Form demat project
Project outline may be firmed up at VAT commissioners' meet More

Oil hike: Equitable distribution of burden needed, says Deora
`Ministry working on several alternatives to meet everyone's requirements' More

SEBI gives personal hearing to Karvy
It said to have told the regulator that the real problem lay in the system More

MFs find CDs, bank bulk deposits attractive
Liquid funds account for 36 pc of AUM More

Govt considering free sugar exports for mills
Industry questions move to allow shipments by STC More

Problems galore for ONGC at Bengal offshore
Non-availability of drill ship causes indefinite postponement More

Top 4 software majors' staff cost up 55 pc
Due to salary hike and employee addition More

SEBI to revisit proposal on IDRs
To enable companies explore possibility of raising capital internally More

Respite from heat to be brief in North
The brief respite from a searing heat wave in North and Northwest India is set to end with a prevailing western disturbance dying out as early as in the next 24 hours. This will only set the stage for the next round of heating to begin in the ... More