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Lanco bid for Sasan ‘invalid’
Sale of consortium partner Globeleq Singapore by parent cited as reason
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‘Accredited loan providers’ mooted
Mumbai, July 24 A technical group set up by the Reserve Bank of India has suggested the creation of a new class of moneylenders called “Accredited Loan Providers”.Unlike the traditional moneylenders, these new breed of ...
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Textile exports slip 36% in Q1
Ministry seeking more relief to help rupee-hit exporters
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Banks perform well in first quarter
Strong growth in interest income, other income driving factors
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Banks rolling back high deposit rates
Bangalore, July 24 With markets awash with liquidity, banks are poised to roll back high deposit rates being offered for tenures of one year and above. Currently, almost all the banks are offering interest rates between 9 and 10 per ...
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Increase in domestic vegoil prices more than imported ones
Chennai, July 24 On Monday, the Centre cut the import duty on vegetable oils by 5 to 10 percentage points. On Tuesday, the Finance Minister, Mr P. Chidambaram, said the move was in view of rising prices in the global market. Analysts, on the ...
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CII offers to handhold cos going global
New Delhi, July 24 Though Indian companies have made their mark in mergers and acquisitions globally, the process is expected to be further expedited with the Confederation of Indian Industry’s latest initiative to play catalyst and help ...
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DoT to audit spectrum use by mobile operators
Telecom engineering centre to undertake survey
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IonIdea developing Conformia’s drug discovery software
Bangalore, July 24 Outsourcing of software for drug discovery is gaining momentum in the country. India soon become the second largest FDA-approved drug manufacturing geography in the world.Storing ...
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Will Sensex score fastest 1000?
We know of records being made and broken on the cricket field like the fastest century ever made, a bowler crossing 100 wickets so on. The Bombay Stock Exchange is on the threshold of creating history and create a record! The Sensex has ...
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Bank stocks: Rate movements keenly watched
Increase in non-interest income worrying factor
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Bank funds score a century
Banking sector funds have scored a century, 100 per cent on an average for the one-year period ended July 23, 2007. This allows them to vault over all other sectoral funds categories – tech (61 per cent), pharma (41 per ...
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Value buying seen in EIH Associated
Some nimble-footed market players have been gradually accumulating EIH Associated stock as the company acquired more assets in the past few months and the profitability increased manifold in recent quarters. According to market sources, even ...
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