The Hindu Business Line : Saturday, January 12, 2008

Industrial growth falls to 5.3% in Nov ’07
New Delhi, Jan 11 After notching a growth of 11.8 per cent in October 2007, industrial growth plummeted to 5.3 per cent in November that year. The fall is also significant when compared to the 15.8 per cent growth registered in November 2006 ... More

Datacom gets suitors for stake sale
New Delhi, Jan 11 With more than 50 per cent of the applicants for telecom licences failing to get a nod from the Department of Telecom, companies such as Datacom, which received a letter of intent on Thursday, have suddenly become sought ... More

Bandra Kurla Complex: Rentals rise in line with record property prices
More

Top 100 centres dominate in bank credit and deposit share
Mumbai, Jan 11 Despite the rhetoric of financial inclusion, the top 100 centres in the country dominate in terms of credit and deposit.As per the ‘Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks – ... More

Inflation rate unchanged on cheaper food items
Wholesale Price Index of all commodities up at 216 points More

‘Oil firms can make ethanol from cane juice’
Will have to establish new mill or take over existing ones More

‘Salute the engineers who created the Nano’
I was more nervous during Indica launch: Ratan Tata More

Rlys declines to cut tariffs for iron ore exporters
Exporters threaten shift to other modes of transportation More

CD issuances by banks surge in 3 years
Banks find them useful to manage asset-liability mismatch More

SC allows Reliance Power IPO launch on Jan 15
New Delhi, Jan. 11 The Supreme Court on Friday passed a blanket interim order allowing Reliance Power Ltd to launch its Rs 10,000-crore initial public offering (IPO) as scheduled on January 15 notwithstanding any order passed by any other ... More

‘No input credit on construction services used in immovable property’
The Finance Ministry has taken a stand that service tax paid on construction services used in an immovable property cannot be adjusted against the service tax payable on the renting of such a property for commercial purposes. Renting of ... More

US-China currency war: Change in the tenor of debate
In last month’s Strategic Economic Dialogue with China, the US Treasury Secretary had lost the moral high ground from which he could sermonise on exchange rates. With the sub-prime crisis having global implications and threatening to slow growt h, the US could no longer blame the Chinese for financial imbalances, points out K. SUBRAMANIAN. More

Nano suppliers learn lessons for global portfolio
Even as the Tata’s Rs 1-lakh car flummoxes onlookers and competition alike about how that seemingly impossible price target was met, the real story of cost control for the Nano started amongst the suppliers to the project. And ... More

Bosch to supply key components for Nano
In talks for supplying CRDi systems for diesel version More

‘Nano may impact petrol-driven auto-rickshaw sales’
Experts are divided over whether the Tata Nano would affect the market for auto-rickshaws (3-wheeler passenger vehicles) or not. However, the predominant view appears to be that the ‘people’s car’ might dent the market for ... More

Bajaj launching Kawasaki super bikes
With the likely emergence of a niche, new super bikes category of two-wheeler buyers, companies like Harley-Davidson and Yamaha have evinced interest or have gone ahead and announced plans to import and market such bikes. The latest to join the ... More

Aries Agro, Precision Pipes list at premium
Mumbai, Jan. 11 Aries Agro Ltd, a micronutrient and other nutritional products manufacturing company for plants and animals, today listed on the BSE and NSE at 15.3 per cent and 23.07 per cent premium respectively, as against its offer price ... More

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