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Saturday, August 02, 2008
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WEB EXTRAS

COKE & METALURGICAL COKE: Goa Carbon lines up Rs 700-cr investment
Mumbai, Aug 1 Goa Carbon, a group company of Rs 1,800-crore Dempo Group, has lined up an investment of Rs 700 crore to set up a Calcium Petroleum Coke (CPC) manufacturing plant, augment capacity by 1 lakh tonnes to 2.25 lakh tonnes (lt) at its ...

POLICY: New defence procurement norms announced
New Delhi, Aug. 1 In an effort to expedite the acquisition of defence products, the Government has not only revised the offset policy to make it more industry friendly but also liberalised the licensing procedures and enhanced the financial ...

PHARMACEUTICALS: Strides Arcolab completes 50.1% acquisition of Genepharm
Bangalore, Aug. 1 Generics and specialty medicine major Strides Arcolab said it has completed the acquisition of a controlling 50.1 per cent stake in listed Australian pharma company Genepharm Australasia Ltd. The Melbourne-based company is to ...

PETROLEUM: Air India hikes fares by 10%; Deccan holds back
A day after Indian oil marketing companies increased aviation turbine fuel (ATF) prices, the country’s national carrier Air India hiked its economy and business class fares in the domestic sector by 10 per cent effective ...

FINANCIAL PERFORMANCE: Visaka Industries Q1 net up at Rs 14.64 cr
Miryalaguda, Aug. 1 Visaka Industries Ltd, for the first quarter ended June 30, 2008, has reported a net profit of Rs 14.64 crore (Rs 6.08 crore). Net sales for the period increased 33.69 per cent to Rs 172.26 crore (Rs 128.85 crore). ...





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Markets (Aug 01)
Nifty (at close)4413.55 (+80.60)
US Dollar (Buy/Sell)42.35/36
Brent crude (per bbl) Rs5,211
Gold (per gram) Rs1,168
Silver (per gram) Rs26.70


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Union Budget 2008-09

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