The Hindu Business Line : Wednesday, July 11, 2007

GMR consortium bags Istanbul airport contract
New Delhi, July 10 GMR Infrastructure Ltd has made its first foray in the international arena. A joint consortium that includes the GMR Infrastructure Ltd has bagged the contract to develop Sabiha Gokcen International Airport in Istanbul. ... More

Centre to pay $326 a tonne for 5.11 lt of imported wheat
Delivery at Mundra port between Aug and Nov More

HDFC Bank posts 34% rise in Q1 net profit
Mumbai, July 10 Driven by a surge in other income and healthy growth in deposits and advances, HDFC Bank posted a 34.2 per cent rise in net profit. The bank’s net profit for the first quarter ended June 30, 2007 was at Rs 321.23 ... More

Coal India move to fight corruption in procurement
Signs pact with Transparency International More

Gas producers, consumers present case on pricing
ONGC, RIL want a price that would make exploration attractive More

GoM meeting on spectrum put off till Sept
Raja for resolving issues on spectrum vacation first More

Infrastructure sector posts 8.7% growth in May
Higher petroleum product, finished carbon steel output More

Reliance Energy plans Rs 60,000-cr investment
Annual distribution in Mumbai, Delhi to grow at 8-10%: Anil Ambani More

Infosys may miss Q1 rupee revenue guidance
Salary hikes, visa costs seen to hit operating profit margin More

US steps up criticism over wheat import norms
New Delhi, July 10 On a day when the Centre gave the State Trading Corporation of India (STC) the go-ahead to import 5.11 lakh tonnes (lt) of wheat at an average $ 325.59 a tonne, the US stepped up its criticism of India’s ... More

Plant quarantine norms worry Canadian pulse suppliers
Pulse Canada draws out plan to smoothen import process More

SEBI makes fund raising by Govt infrastructure cos easy
Relaxes norms for fixing face value of issue More

SEZ hopes fuel Hindustan Organic Chem
Of late, Hindustan Organic Chemicals (HOCL) has been seeing a significant spurt in activity and price, as the buzz about the possibility of setting up a chemical SEZ on surplus land near Patalganga in Maharashtra has been drawing attention. The ... More

Wind shear may limit strength of new ‘low’
Thiruvananthapuram, July 10 The India Meteorological Department has officially notified the prospects of a new low-pressure area taking shape over the North Bay of Bengal by Saturday, which will help scale up rainfall in Orissa and Gangetic ... More

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