The Hindu Business Line : Saturday, March 29, 2008

Only 2 private firms in top ten advance tax payer list
New Delhi, March 28 Private sector presence in the top ten advance taxpayers’ league has dwindled, going by the latest data compiled for 2007-08 by the revenue department. ICICI Bank, which had a presence in the top ten league up ... More

Rising prices push inflation to a 14-month high at 6.68%
New Delhi, March 28 Inflation shot past the 6 per cent mark to touch its highest levels in nearly 14 months, bolstering speculation that the Reserve Bank of India may have to intervene with a rate hike in the near future. The ... More

Govt will weigh lower growth to contain inflation: Chidambaram
Mumbai, March 28 Expressing concern over high rate of inflation, the Union Finance Minister, Mr P. Chidambaram, said here today that the Government will soon decide whether it should sacrifice a bit of growth to contain inflation. Eight per ... More

Bharat Oman Refineries public offer likely in July quarter
Mumbai, March 28 The long-awaited Bharat Oman Refineries Ltd’s (BORL) initial public offering is likely to hit the market in the second quarter of the coming fiscal.BORL would be raising Rs 2,400 crore, 50 per cent of which would ... More

Nagarjuna Fertilisers exits from mega power project in Udupi
Sells its 26% stake to Lanco Group More

Two-wheeler makers unable to pass on full duty cut benefit to consumers
Steep rise in steel prices, input costs cited as reasons More

Maruti to review 800 model after Nano launch
At Rs 1.92 lakh, Maruti is the cheapest small car now More

DoT asks RIM to set up server in India
Blackberry to Blackberry traffic needs to be monitored More

Tata-Ford deal may not help new vendors
New Delhi/Chennai March 28 Hailed for creating the world’s cheapest car Nano, Tata Motors may not be able to immediately replicate the success in turning around Jaguar and Land Rover. Tata Motors, along with its component makers, ... More

Export floor price for rice raised again
Move to ensure availability within the country More

Share buybacks may point to ‘bottoms’ being hit
Ailing share prices get some relief from correction More

‘Employees entitled to more when banks make more profits’
Mumbai, March 28 The Union Finance Minister, Mr P. Chidambaram, today made out a case for banks paying higher wages to its employees. While speaking at the inauguration of Union Bank of India’s 100 per cent Core Banking Service, ... More

MFs buying lifts benchmarks
Despite higher inflation numbers, benchmark indices shot up quite sharply on Friday. Market participants said that this was due to across-the-board buying by institutions, particularly domestic funds. According to them, domestic mutual ... More

GSPC defers IPO due to market uncertainties
Company has short-listed a few merchant bankers More

Tame bull phase?
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