The Hindu Business Line : Wednesday, September 05, 2007

1.5 lakh PSU bank jobs up for grabs
Hyderabad, Sept. 4 Public sector banks in the country are likely to recruit over 1.5 lakh personnel in various cadres over the next three years. “The manpower requirement of public sector banks will increase substantially over ... More

Power trading a big draw among private players
Cap on margins no deterrent; cos see value in the long term More

Jet puts off $400-m rights issue
New Delhi, Sept. 4 Jet Airways has pushed back plans for a $400-million rights issue as the market conditions at the moment were not right, the Chairman, Mr Naresh Goyal, said on Tuesday.“We have decided to delay the issue by ... More

Multimedia handsets for less than $20
Dutch firm NXP Semiconductor launches low-cost single chip solution More

Sugar mills unlikely to get fresh credit from banks
Cane arrears to pile up from start of new season More

Taj Hotel signs marketing alliance with Okura
Agreement is for a period of two years and is extendable More

Reliance buys majority stake in African oil retailer
Reliance Industries said that it has acquired a majority stake and management control in an East Africa-based oil retail distribution company Gulf Africa Petroleum Corporation (GAPCO).Reliance did not disclose the financial details of ... More

Gas pricing sets off debate on utilisation & bidding policies
Likely to have direct impact on Reliance’s pricing for KG basin More

Longer working hours in software sector likely
More

Zensar setting up centres of excellence in China
Tying up with academia in Hubei Province More

Sub-prime crisis: Europe trains guns on US
The Americans faced fire on two fronts – for keeping interest rates at one per cent for too long, sparking off the housing bubble and for lax control on financial institutions engaged in mortgage lending. More

Sale talk buoys Sterling
Sterling Holiday Resorts India has gained 11 per cent in the past one week on renewed activity. On Tuesday, the counter moved up around 3 per cent to close at Rs 49.35 and witnessed a trading volume of 64,423 shares. Rumour doing the rounds in ... More

Weekend trips abroad catching up
Mumbai, Sept. 4 Planning a weekend trip? Goa, Ooty, Shimla, Puducherry are not the only destinations. Catching up with nightlife in Sri Lanka, Malaysia, Bangkok, Singapore on weekends and cashing in on seasonal sales in these places is ... More

Migrating trough drives rains to East India
Thiruvananthapuram, Sep. 4 The monsoon trough has lifted completely to the north in alignment with the Himalayan foothills as the push-and-shove effect of a building high-pressure area let in dry westerlies into northwest India. The ... More

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