The Hindu Business Line : Saturday, April 12, 2008

Govt seeks to be ‘intervener’ in KG gas suit
Mumbai, April 11 The Union Government, through the Petroleum Ministry, has sought to be a party in the ongoing court case between Mr Mukesh Ambani-led Reliance Industries Ltd and Reliance Natural Resources Ltd (RNRL) of the Anil Ambani group ... More

Govt bans cement exports to stem price rise
Move to address inflationary concerns More

Orchid silent on Ranbaxy interest, but scrip active
Mumbai, April 11 Despite the silence from Orchid Chemicals and Pharmaceuticals on the interest shown in it by Ranbaxy Laboratories, the buzz remained around the Chennai-based drug company. Orchid scrip closed on Friday, up over eight ... More

Nasscom upbeat on IT growth story
US slowdown impact may last 4-6 months; confident of meeting 2010 export target More

Incremental bank credit growth slows down
Mumbai, April 11 The incremental growth in net bank credit for the year 2007-08 is lower at 23 per cent against 29 per cent in 2006-07, according to the Reserve Bank of India figures. The increase in non-food and food credit in fiscal ... More

JK Tyre acquires Mexican firm Tornel for Rs 270 cr
Part of strategy to cater to North and South American market More

Toyota Kirloskar to build 2nd plant near Bangalore
To invest Rs 1,400 cr; operations to start from 2010 More

Energy policy: Band aids for bullet wounds
The country's current energy policy is having worryingconsequences: OMCs, forced to sell below cost, are goingbankrupt, companies that could develop alternativeshave to compete with artificially low fuel prices, andconsumers don't make the behavioura ladjustments that would lower the demand for oil,argue SHANMUGANATHAN N. and RAM VENKATACHALAM. More

‘Govt should not allow edible oil prices to drop further’
Uncertainties could deplete stocks: Solvent extractors More

Wheat output: Trade, officials keep fingers crossed
Khanna (Punjab), April 11 Even as arrivals of wheat have been delayed in the primary growing States of Punjab, trade and officials are having their fingers crossed on what actually could be the grain’s production in the ... More

Campus salaries in IT cos surge 17%: Survey
Bangalore, April 11 Campus salaries in IT companies have jumped 17.6 per cent in the last two years across domains with 71 per cent of the students receiving salary between Rs 3 lakh and Rs 5 lakh. This year, the average annual IT ... More

TRAI for mobile number portability by June 2009
New Delhi, April 11 Favouring the nation-wide implementation of mobile number portability by June 2009, telecom regulator TRAI on Friday recommended that the Mobile Number Portability Clearing House Administrator (MCHA) should be licensed ... More

Microsoft, HCL Info tie up for centre of excellence
To enhance employability, help Indian IT industry More

‘Cost’ shifts in FCCB taxation to worry FIIs
More

Cement stocks decline on export ban
Mumbai, April 11 The major cement stocks were amongst the top losers on the BSE as the Government banned cement exports as an anti-inflationary measure on Friday.Ambuja Cements fell 3.61 per cent to Rs 117.60, Ultratech Cement ended ... More

RPL jumps on talk of early commissioning of plant
The stock of Reliance Petroleum has been on an uptick in the last few days. On Friday, it went up by 3.82 per cent, which meant that the stock had appreciated by nearly 9 per cent in the last one week. Trading volumes also spurted in the counter ... More

Power stocks gain on strong growth data
Many brokerages turn positive after recent fall More