Business Daily from THE HINDU group of publications
Thursday, April 12, 2007
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Commodities (April 11)
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Overseas, domestic players keen on IFCI stake buy
Interest sparked by prospect of 51 pc acquisition, management rights More

Gear up for a volatile market, Chidambaram tells regulators
Foresees $1 trillion GDP for India by end 2007-08 More

Jet, Sahara maintained constant contact
Jet Airways and Air Sahara might have been bitter rivals during the last nine months since the buyout deal between the two fell through in June 2006 but even during this period the backroom channels were kept open. Sources familiar with the ... More

Jet, Sahara — Announcement on deal today
The much-awaited draft of the new Jet-Sahara deal, which was to have been submitted to the arbitrators on Wednesday, has been delayed by another day. With lot of changes being made in the original share purchase agreement, it was not possible ... More

Nestle asking farmers to shift to cow milk
Nestle India is consciously encouraging milk farmers to shift from buffalo to cow milk, even though the country concentrates on buffalo milk, which is costlier. Currently, the company procures both milks in equal quantity and is expanding its ... More

`NTPC's equipment foray may face regulatory challenges'
Plans power equipment manufacture foray More

Rieter gets FIPB nod for going it alone in India
Rieter, the Swiss textile machinery major, has got its investment plans for India back on track. The company, which was faced with a stumbling block in the form of its Indian joint venture partner Lakshmi Machine Works (LMW) invoking Press Note 1 ... More

Banks want savings deposit rate hiked
Move will expand base of low-cost deposits More

US mortgage meltdown, strong rupee hit iGATE
Posts four-fold rise in net on operational efficiencies More

RComm, Sun TV ink pact for mobile content
Reliance Communications has entered into an "exclusive long-term agreement" with Sun Network Ltd to broadcast the company's television content on mobile handsets with GPRS and video viewing capability. Initially, content from the Sun TV channel ... More

Equity-linked saving schemes, index funds' asset base swells
Sector funds present mixed tally More

Sweet-smart?
By acquiring a majority stake in Godrej Beverages & Foods, Hershey of the US hopes to exploit the Indian company's distribution network to further its global reach. More

`Low' regains status, may intensify
The `low' may intensify and generate fairly widespread rainfall with isolated heavy fall in these areas for two more days More


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