The Hindu Business Line : Friday, December 21, 2007

Deal being finalised to raise $550 m for Kingfisher
The UB Group is set to finalise a deal with two strategic investors to raise about $550 million for the operations of the full service carrier Kingfisher Airlines.Sources in the company told Business Line that the ... More

Maruti’s SX4 offered with discounts
Growth driver in A3 segment More

MRTPC finds 44 cement cos guilty of cartelisation
Directs 41 of them not to fix prices through CMA More

DoT setting up another panel on spectrum allocation
New Delhi, Dec 20 The Department of Telecom will set up a new committee to decide on the right method of allocating additional spectrum to existing mobile operators. The move follows a recommendation by the panel headed by Additional Secretary ... More

HC gives 3 months to UP to fix new State advised cane price
Mills that have piled up arrears may breathe easy More

Overseas debt losing flavour as costs mount
Spreads ruling over 300 bps despite India’s investment grade rating More

The $3.8 trillion pro-notes depreciating by the hour
The dollar reserves of countries that sell goods to the US represent moneys lent to the US to help it buy goods from them, like a shopkeeper lending money to his clients and asking them to buy his goods. It’s worse in fact. It is more like the shopkeeper selling his goods on credit against the client’s pro-notes, says S. GURUMURTHY. More

India Inc signs deals worth $68.32 b in 2007
Steel & telecom were hot sectors More

Unlicensed software key source of revenue loss for cos: KPMG study
Mumbai, Dec. 20 Illegal and unlicensed software installations continue to be a source of revenue loss for software companies worldwide, according to a recent survey of software company executives conducted by KPMG LLP. In fact, 55 per ... More

Reliance Brands to offer private equity to cos in lifestyle space
Will invest in designer-led brands, Indian labels in need of funds More

‘Iron ore exports issue not part of national mineral policy’
Cess from mining activities also out of policy purview More

Tatas want apology from Orient Express Hotels
For tenor of letter turning down request for alliance talks More

It’s raining discounts in ‘automart’
Hyderabad, Dec. 20 Most of the automotive companies in the country are offering a host of freebies and cash discounts that go up to nearly Rs 1 lakh in some high-end models during the year-end, even as some have announced their decision to ... More

IFCI plummets 23% as deal falls through
Future hinges on further clarifications from company More

Marketmen welcome SEBI move on short-selling
It is expected to promote investor participation More

Jewellers concerned over hallmarking standards
Lack of infrastructure, mandatory licence fee worrying factors More

Southern States spice up Mundra Port IPO
MARKET LURE More

Ramayan’s Kashmir connection
This tiny village in Kashmir hopes to attract visitors with its Ramayan links. More

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