The Hindu Business Line : Friday, June 01, 2007

Tata Tea eyes stake in Mount Everest?
Reports that Tata Tea might pick up significant stake in Mount Everest Mineral Water, makers of the Himalayan brand of mineral water, sent the shares of both the companies soaring on the exchanges on Thursday. Tata Tea gained Rs 44.30 or 5.05 ... More

Decks cleared for Christian Dior's entry
FIPB nod for single brand retail More

Consumers CAS happy, choose free-to-air
Mr Kunal Dasgupta, CEO Sony Entertainment Television, says once news and regional channels also go paid, viewers will have little else to watch. More

L&T investing Rs 2,500 cr in expansion
Larsen & Toubro's capital investment for the current fiscal will be around Rs 2,500 crore. The company will set up new factories and expand its operations across the country over the next few years, said Mr A.M. Naik, Chairman & Managing ... More

GDP growth for 2006-07 revised upwards to 9.4%
Corporates replace consumers as growth drivers More

Tatas' SEZ proposal approved, Mukesh Ambani's deferred
Board of Approval gives nod to 22 SEZs; 6 in-principle approvals More

4 players shortlisted for managing pension funds
The Pension Fund Regulatory and Development Authority (PFRDA) has shortlisted four players — Life Insurance Corporation of India, State Bank of India, UTI AMC and IDBI Capital — to mange the pension funds under the new pension scheme ... More

Adopt transparent method for lending rates, banks told
Lending below PLR has several implications, says RBI report More

BSNL may offer domestic roaming at Re 1 per minute
Cellular operators have told the Government that offering free roaming services to mobile users will not be a viable proposition. This comes even as the state-owned Bharat Sanchar Nigam Ltd is expected to announce a new tariff plan with lower ... More

Consolidated package for reviving 33 tea estates
Proposal awaits final clearance from Finance Ministry More

Himatsingka Seide sees accumulation
There has been a slow accumulation of the stock of Himatsingka Seide as talk of the company acquiring an overseas brand is doing the rounds. The stock has been trading actively with an average of over 10,000 shares being traded daily on the BSE ... More

SpiceJet up on Deccan Aviation deal
SpiceJet, which was meandering quietly on the bourses during the day, suddenly witnessed frenzied action in the closing hours of the market. The stock, which was quoting around the Rs 52 level till 2 pm, jumped 21 per cent to end at Rs 61 after ... More

Logging into learning
India Inc is tapping the power of online education as corporates and universities come together to offer employees local and global courseware. More

Arabian Sea throws up cyclonic circulation
Under close watch for any signs of intensification More