The Hindu Business Line : Thursday, May 10, 2007

Tatas concerned over allowing foreign players for 3G
The Tata Group has raised concerns about the Government's intentions to allow foreign players to bid for third-generation mobile service licences. In a letter written to the Communications Ministry, Tata Teleservices said that the interests of ... More

16 SEZ proposals get formal approval
The board of approval for SEZs today deferred a decision on giving formal clearance to the Reliance-promoted Navi Mumbai SEZ Pvt Ltd for a multi-product SEZ spread over 1,250 hectares in Maharashtra, while granting formal approvals to 16 ... More

BNP arm buys 49.9% stake in Sundaram Home Finance
Union de Credit pour le Batiment SA (UCB) will pay Rs 196.98 crore for a 49.90 per cent stake in Sundaram Home Finance Ltd, a subsidiary of Sundaram Finance Ltd. UCB, a subsidiary of the Paris-headquartered international bank BNP Paribas SA, ... More

Overseas investments: Banks may soon offer niche products
Banks are now serving products and designing services for high net worth individuals, who can remit $1,00,000 in a financial year (from $50,000 earlier). But banks, particularly foreign, feel the need for clarity on the kind of products to be ... More

Centre owes fertiliser cos Rs 11,640 crore as subsidy
Iffco, K.K. Birla and Murugappa groups among worst hit More

ONGC Videsh strikes gas in Iran's Farsi block
ONGC Videsh Ltd (OVL) continues with its success in Iran's Farsi offshore block. The overseas investment arm of ONGC struck gas in the fourth well on the block recently. It has already discovered oil in the three previous wells. Speaking to ... More

Citibank ties up with SKS Microfinance
The programme will deliver loans ranging from Rs 5,000 to Rs 20,000 in over 7,000 un-banked villages in the country where SKS is present through its 49 branches. For providing Rs 180-cr micro credit in rural areas More

Govt, software industry worried over rising rupee
Kamal Nath hopeful of meeting $160-b export target More

Vodafone completes Hutch buy
Deal value scaled down to $10.9 b More

C-DOT hangs up on 3G
Focus on wireless technologies with higher data speeds More

Trough of low over southeast Arabian Sea
Prevailing winds appear favourable for build-up of monsoon More

A Ta Ra Rum Pum of brands
For these automobile products, the movie is a tailor-made opportunity. More

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