The Hindu Business Line : Saturday, October 28, 2006

Strike hits clearing operations
The one-day nationwide strike called by the United Forum of Bank Unions (UFBU) hit banking services, including clearing operations across the country. Over 10 lakh employees and officers of nationalised banks stayed away from work. Cheque ... More

Decision on support price for wheat, mustard put off
Differences between Finance, Agriculture Ministries More

Third-party vending biz is new revenue source
Banks earn fee from sale of insurance products, MFs More

44 new SEZs approved
Wockhardt, Parsvnath projects okayed More

MTNL extends `One India' plan to entire country
Second quarter profit down 25 pc at Rs 121 cr More

4 pvt equity firms pick 24% stake in Idea
A consortium of four private equity firms have acquired 24 per cent stake in Idea Cellular, a GSM wireless operator whose majority ownership is with the AV Birla group. Providence Equity Partners Inc, TA Associates, ChrysCapital and Citigroup ... More

Oyzterbay ties up with Rajesh Exports
To set up retail chain that will sell branded gold jewellery More

Doktas: Finnish firm also in race
It was reported in this column on Friday (edition dated October 27, 2006) that Doktas may decide on a buyer for its business between Ashok Leyland and Rico Auto soon. Further we had also said that Ashok Leyland is the frontrunner. It is now ... More

IKF Tech: Betting on expansion
IKF Technologies is seeing significant trading volumes of late on expectation of higher turnover on the back of its expansion plans currently being rolled out. The counter recorded a traded quantity of 1.61 lakh shares (2-week average 1.48 lakh ... More

Heavy rainfall in South on cyclonic circulation
A cyclonic circulation to the immediate south of the peninsular tip and a large-amplitude westerly trough combined overnight to ramp up rainfall across the peninsula on Friday. The cyclonic circulation materialised so close to the coast that ... More

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