The Hindu Business Line : Wednesday, August 22, 2007

India still way ahead of China: Nasscom
The Indian IT industry can breathe easy for the time being. The Chinese IT dragon is unlikely to catch up on India's lead in the global IT services sourcing market at least over the next 3-5 years, according to Nasscom.

However, ... More

BIFR seeks explanation from Dunlop on transfer and sale of assets
More

Rating agencies: Fence eating the crop?
RBI can take pre-emptive steps here More

JSW Steel buys group of 3 US cos
Funding for acquisition, working capital will be $940 m More

Jet to launch Chennai-Toronto flight via Brussels on Nov 5
More international flights planned More

DoT gets tough with Net service providers
Issues termination notice to 51 non-performing ISPs More

Ministry of Corp Affairs okays AI, Indian merger
Legal formalities to be completed in a month More

‘Higher credit offtake by infrastructure sector in last 2 years’
New Delhi, Aug. 21 Led by roads and ports, power and telecom sectors, credit disbursement by banks to the infrastructure sector has grown in the last two years at 43 per cent and 36 per cent, respectively, according to industry chamber ... More

Blackstone open offer for Gokaldas at Rs 275
Mumbai, Aug. 21 Blackstone Group, which bought 50.1 per cent in Gokaldas Exports on Monday, has made an open offer at Rs 275 per share to acquire an additional 20 per cent stake in the company.The company has fixed September 7 as ... More

Homeopathy rides high on user loyalty: Survey
Bangalore, Aug. 21 Homeopathy enjoys a high 82 per cent loyalty among its users, a survey touted to be the country’s first on homeopathy has found.While these homeo users said they would not switch to conventional treatment, 62 ... More

‘Low’ active over west, central India
Thiruvananthapuram, Aug 21 The west-northwest-bound monsoon ‘low’ drifting in from the Bay of Bengal was located to east Madhya Pradesh on Tuesday powering rain into adjoining west and central India. Though much weaker than ... More

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