Business Daily from THE HINDU group of publications
Friday, August 31, 2007
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N-deal: Govt setting up panel to study Left objections
Deal will be operationalised only after the committee findings are known More

Hedge, private equity funds may pull out: RBI
Continuing sub-prime crisis in US More

Forex interventions successful: RBI report
$26.8 b purchased from market in 2006-07 to check volatility More

HDFC raises $800 m thru real estate fund
Mumbai, Aug. 30 Housing Development Finance Corporation said it has closed its first sponsored real estate fund, raising $800 million (Rs 3,280 crore).The ‘HIREF International LLC’ fund was initially intended to raise $50 ... More

Apollo Health buys US’ Zavata for Rs 697 cr
More

Cabinet panel clears 10% OIL sell-off
IOC, HPCL, BPCL to pick up stakes More

Oil firms step up lifting of ethanol from sugar cos
Programme makes headway as States rationalise duties More

SAP AG opens new facility in Bangalore
India is a big market for us, says CEO More

TCS bags $140-m deal from BSNL
Mumbai, Aug.30 TCS has secured a $140-million (Rs 574-crore) nine-year contract from BSNL to put in place both networks and software for its systems and processes.TCS has termed it a “transformational deal,” one that would ... More

TVS forays into three-wheeler segment; rolls out 7 vehicles
Phased launch of products between Oct and Nov More

SBH puts on hold public issue
Hyderabad, Aug. 30 State Bank of Hyderabad (SBH) has put its public issue plans on hold till December and is awaiting ‘specific roadmap’ on a possible merger with State Bank of India.“I don’t like to speculate on ... More

PSU insurers want credit rating of all players
‘Info in public domain will impose financial discipline on insurers’ More

‘Textile exports may take a hit this quarter’
New Delhi, Aug. 30 There are concerns over the performance of textile exports in the current quarter on account of rupee appreciation, said a senior Textile Ministry official on Thursday. “While the first quarter performance was not ... More

Stocks of brokerages catch investors’ fancy
Betting on new product offerings, spread of online broking More

BAG Films up on FCCB price hopes
BAG Films and Media is witnessing hectic activity on the bourse on hopes of a higher valuation of its proposed foreign currency convertible bonds (FCCB) issue. Though on Thursday, the Rs 2 face valued shares finished 2.22 per cent lower at Rs 44, ... More

Shylocks of Urban India
The suave and sophisticated bank manager is not perceived in the garb of a 21st century usurer, while the illiterate village moneylender is. But both pursue a similar service, appeasing the demands for short-term liquidity and charging steep rates. More

AP, Orissa to get more showers
The low-pressure area brewing in the west-central and adjoining northwest Bay of Bengal by Sunday is seen as being `poorly endowed' that its foray into central India could be limited.

Instead, the system is likely to wax and wane along ... More
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