The Hindu Business Line : Saturday, December 16, 2006

Cairn IPO subscribed 1.12 times
The initial public offering of Cairn Energy was subscribed 1.12 times at 9 p.m. on the BSE and NSE on Friday, the last day of the book building process. The company had issued 32.87 crore equity shares of Rs 10 each in the price band of Rs ... More

Noida, Hyderabad emerge big centres for chip cos
Start-ups scout for VC funds; policy awaits Cabinet nod More

Reliance Comm, Maxis in race for Hutch stake
Hutch may give up claim on BPL's Mumbai circle More

Gujarat Ambuja, ACC to invest Rs 3,000 cr
Plan to increase cement capacity by 3 mt each More

Dip in food, energy prices keeps inflation on leash
Wholesale Price Index of all commodities down to 207.8 More

Farmers take a `Fresh' look at retailing
Twenty-five-year-old Mr Rami Reddy, whose joint family owns 20 acres in Lakshmareddy Gudem, a small village in Rangareddy district near Hyderabad, has been growing brinjals in one or two acres for the last eight years. But he never saw a price ... More

New Bill enables trading of securitised debt
To come under disclosure-based norms More

Wheat acreage rises by 22 lakh hectares
Area under maize, rice & barley increases More

Manmohan offers to pull out the stops for Japanese investors
More

Subex to raise $200 m for buy-outs
Close on the heels of revealing its plans to sponsor a Global Depository Receipts (GDR) issue, Subex Azure Ltd said on Friday that its board has approved a proposal to raise up to $200 million through a GDR/share/Foreign Currency Convertible ... More

`Risk of CO₂ pollution through coal-based power plants'
"What price development and economic growth?" is a constant refrain one hears. Climate change is a big issue that is engaging the attention of economic planners and environmentalists alike. A strong positive correlation between industrial growth ... More

Tax aspects to consider before sending staff on deputation
When an Indian company deputed its staff to the foreign parent company, should it deduct tax from salary paid to the staff? This, in simple, was the question before the Authority for Advance Ruling (AAR) recently. The company in question was ... More

Suryajyoti Spng: On re-rating hopes
The stock of Suryajyoti Spinning, which has seen a 22-per cent rise over the past one month, ended at Rs 62.05, up almost 5 per cent on the BSE on Friday. Analysts tracking the company say there maybe a re-rating on the cards. The company's ... More

ITL: Value buying seen
The stock of ITL Industries ended at Rs 36.40 up almost 20 per cent on the BSE on Friday. ITL is an established leading metal cutting solution provider offering wide range of machines, tools and cutting lubricants. Dealers maintain the stock is ... More

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