Business Daily from THE HINDU group of publications
Wednesday, August 01, 2007
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Cash reserve ratio hiked by 0.5 percentage point to 7%
Mumbai, July 31 In a bid to drain out the excess supply of funds and ensure price and financial stability, the Reserve Bank of India on Tuesday hiked the Cash Reserve Ratio — the proportion of the deposits banks have to keep with the ... More

‘Watch on high exposure in capital market, realty’
We may intensify supervisory review of select banks: Reddy More

Sensex rebounds after sharp fall
Analysts see some positives in credit policy More

BSNL seeks to shed 20,000 staff through retirement plan
Plan to hire Class I officers for enhancing operational efficiency More

Tata Motors Q1 net up 22% at Rs 467 cr
Foreign exchange gains power profits More

Magsaysay award for P. Sainath
Chennai, July 31 Mr P. Sainath, Rural Affairs Editor of The Hindu, is among the seven awardees of the prestigious Ramon Magsaysay Award for 2007, the Ramon Magsaysay Award Foundation announced in Manila on Tuesday. He won the ... More

Indian Hotels net rises 42%
Mumbai, July 31 Indian Hotels Company Ltd, which operates the Taj Hotels Resorts and Palaces, has reported a net profit growth of 42 per cent at Rs 54.7 crore for the first quarter ended June 30, 2007 (Rs 38.50 crore). The growth has ... More

Gross fiscal deficit for April-June at Rs 1.12 lakh cr
New Delhi, July 31 The Centre’s gross fiscal deficit for April-June 2007-08 is placed at Rs 1,12,404 crore, a 44.6 per cent jump over the Rs 77,740 crore for the corresponding quarter of the previous fiscal.The large apparent ... More

Ban rubber futures, says user industry
Chennai, July 31 Neither the rubber planters nor the users want the commodity to be traded on the commodity exchanges, says Mr K.T. Thomas, President, All-India Rubber Industries Association. The association represents all rubber-user ... More

Ministry wants Govt share from RIL for Ratnagiri Gas
‘Project’s viability depends on affordable price for fuel’ More

Captive development centres facing heat
Rising rupee adds to pressure from high wages, attrition More

Satyam bags two multi-million dollar FIFA deals
Hyderabad, July 31 Satyam Computer Services today announced that it has bagged two multimillion-dollar deals from FIFA, the football governing body, to custom-develop event management and logistics software for World Cup 2010 to be held in ... More

Reliance Comm standalone profit rises 76%
Mumbai, July 31 Reliance Communications’ said its stand-alone first quarter net profit rose by 76 per cent as its subscriber base expanded and higher realisations per minute kept average revenue per user stable.The stand-alone net ... More

techTribe offers cash incentives for referrals
Hyderabad, July 30Career networking platform techTribe has come up with an offering, frontFoot, positioned as a referral service with a difference.Those who refer the right techie or professional get paid Rs 10,000 to Rs 15,000 if those ... More

IOC-Reva hydrogen car project in limbo
Bangalore, July 31 Fuel cell car , a joint project of Reva Electric Car Company and Indian Oil Corporation (IOC), has turned out to be a non-starter. Sources told Business Line that a statement of intent signed by IOC with Reva ... More

Realty, IT grab major share of venture capital funds
Services sector also preferred; realty investments dip to Rs 2,788 cr More

Remote device enables SMS alert about vehicle theft
Micro tech lines up new range of products More

The Kalam legacy
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