The Hindu Business Line : Friday, August 24, 2007

Reliance Fresh, Spencer’s told to shut shop in UP
New Delhi, Aug 23 In a move that could dampen the retail plans of big corporations, the Uttar Pradesh Government has ordered the closure of modern organised retail chains in Lucknow and Varanasi.At the same time, it has set up a ... More

India not for MS-backed Open XML as standard
New Delhi, Aug 23 India decided to vote against Microsoft-backed Open XML as a standard for electronic document creation and storage, a move that is being seen as a setback-of-sorts for the software giant.The decision was taken by a ... More

Now, Muga silk gets GI protection
Linked to Brahmaputra valley More

Kids below 16 may find it hard to own a mobile
DoT formulating guidelines to protect users against electromagnetic radiation More

CCEA nod for setting up new uranium mine, plant
New Delhi, Aug. 23 The setting up of a new uranium mine and processing plant at the cost of Rs 1,106.29 crore was approved by the Government today. The uranium project is to come up at Tummalapalle in Cuddapah district, Andhra Pradesh. The ... More

Has Fed discounted the financial market crisis?
How does a central bank provide relief in the face of a financial market crisis? Does it act to provide liquidity on the liabilities side of the balance-sheet of financial intermediaries? Or does it perform the “lender of last resort” ... More

DGCA notifies guidelines for regional airlines
Country divided into four regions More

HP eyes storage market in India
IT spend on storage growing at 15% in India, 14% in China More

Tech sector sees new trends
Captives, BPOs brace up for tougher times More

India is Nokia’s 2nd largest sales market
New Delhi, Aug. 23 World’s largest mobile phone maker Nokia today announced that India has become its second largest market in terms of sales, going past the US in the quarter ended June 2007. The company also announced that it ... More

NTPC aims for second spot in coal production
Looking to invest in either Indonesian or Australian coal mines More

All borrowers to get documents in loan agreement
Mumbai, Aug. 23 It is now mandatory for banks to provide a copy of the loan agreement including all enclosures to the borrower. In a notification issued to banks, the Reserve Bank of India said: “Banks and financial institutions are ... More

‘Political instability has not changed our investment model’
Analysts say right time to enter for long-time horizon More

Hindustan Chem: Losing ground
Why Hindustan Organic Chemicals is rapidly losing ground with substantial volume in the last one week? According to the BSE data, the stock finished on Thursday with a loss of 9 per cent at Rs 44 with a volume of 4.2-lakh shares. On the NSE, some ... More

Healing heartland
In a small, remote Chhattisgarh village, quality medical care is within the reach of its poorest of poor. Meet the ‘village doctors’ who are making this possible. More

Rain surplus shrinks as weak monsoon looms large
More

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