The Hindu Business Line : Saturday, June 07, 2008

SpiceJet looking to raise Rs 400-cr equity capital
New Delhi, June 6 Low-cost airline SpiceJet is looking to raise about Rs 400-crore equity capital to part-finance aircraft acquisition plans and meet other operational expenses, a senior company official said. The company is looking at ... More

RBI moves apex court against stay to Sahara
Co files caveat, will argue its case More

Fire at Reliance petrochem unit kills 3; production not disrupted
Mumbai July 6 A fire broke out at one of the production units of Reliance Industries Ltd’s sprawling petrochemical complex at Nagothane in Maharashtra on Friday, claiming three lives and injuring a few.The fire broke out at a ... More

New system to ease air traffic congestion on the cards
SAVING FUEL, TIME More

Renault Nissan project gets off the ground
Plant slated to produce 4 lakh cars annually More

Karuturi sees Ethiopia entry as vehicle to expand biz globally
‘We already have strong presence in the African country through floriculture’ More

36% increase in direct tax collections
New Delhi, June 6 The Finance Minister, Mr P. Chidambaram, will inaugurate the 24th Annual Conference of Chief Commissioners and Directors General of Income Tax here on June 9. An official release said that the two-day conference is ... More

‘Green tags’ to enable trading of renewable power on the anvil
Move to promote inter-State trading of renewable energy More

Moody’s cautions banks on asset quality
Any rapid deterioration in NPAs could affect rating More

Mobile players oppose regulation on radiation
Move to measure emissions from towers ‘retrograde’ More

Lehman, Morgan Stanley among major sellers in May
Aztech Soft, Rohit Ferro, Lakshmi Energy see selling More

Weekly Market Round-up
Sensex opened on a positive note with a gain of 176 points at 16,591.However, the enthusiasm slipped on news of political differences at the Centre over raising of domestic retail fuel prices and weak opening in European markets. Sensex pared the ... More

Monsoon flows converging again, to strengthen
Thiruvananthapuram, June 6 Thursday’s depression over the east-central Arabian Sea stuck to its track to the northwest and was poised to make a landfall over Oman, denying it the room to churn to cyclonic strength. But this did ... More