The Hindu Business Line : Saturday, November 24, 2007

Rs 51,600 cr raised from divestment: White paper
New Delhi, Nov. 23 The Centre has raised Rs 51,600 crore from disinvestment of equity in Central Public Sector Enterprises (CPSEs) and strategic sale of state-owned companies since the inception of the policy in 1991.According to the ... More

India Inc lines up Rs 38,000 cr for investment in cement production
Mumbai, Nov 23 Steel and cement companies along with new players are planning to invest over Rs 38,000 crore in three to five years in new projects to tap the boom in cement demand. Dalmia Cements will be investing Rs 14,000 crore in two ... More

We will abide by court order: Vedanta Resources
Mumbai, Nov. 23 Vedanta Resources, which was barred by the Supreme Court on Friday from mining bauxite in Orissa, said it would take steps to abide by the Court’s decisions. “We are awaiting a judgement copy and as soon as ... More

Auto majors seek to work with EU cos on R&D
New Delhi, Nov. 23The Tatas, Mahindras and Ashok Leylands are in the race to be part of a consortium of select companies from India, China, Brazil and South Africa that would work along with European Union countries in research in the ... More

ISRO rocket tech to rev up Tatas’ hydrogen car
Proto model likely by next year, says ISRO chief More

Global reinsurers support AICIL’s farm scheme
Weather-based crop insurance scheme at pilot stage in 6 States More

‘Western, northern region cos dominate infrastructure space’
NTPC, Larsen & Toubro and Bharti Airtel top the list (in terms of income) of Dun & Bradstreet India’s list of India’s Leading Infrastructure Companies 2007. This listing, part of D&B’s study on infrastructure in ... More

Research services cos go for multi-lingual capabilities
Bid to garner bigger deals, tap non-English speaking geographies More

‘Ranbaxy’s epilepsy drug recall may not attract lawsuits’
No clarity yet if medicines will be destroyed More

Sowing in wheat, mustard trails on dry weather
Problem mainly in central parts; soil moisture adds to woes More

Brokerages, public sector banks tie-up on the rise
PSBs gain value addition and income from retail stock investors More

Re-rating pushes up Adhunik Metaliks
Adhunik Metaliks is being re-rated on Dalal Street. According to market sources, the upward revision is linked to increasing value of its mining assets. It owns iron ore mines having estimated reserves of 40 million tonnes (mt) — 25 mt in ... More

BA, TCS to develop onboard cabin crew service directory
Chennai, Nov 23 British Airways is talking with Tata Consultancy Services (TCS) to jointly develop an ‘on-board cabin crew service directory’ to enable the cabin crew access the right kind of information, including passenger ... More

On how ambiguity robs the SEZ-sop of its sizzle
If the SEZ tax benefit is to be fully realised, the Government ought to formally amend the formula, or adopt a pragmatic approach at the time of assessment and grant the full deduction, based on a beneficial interpretation of the law. More