The Hindu Business Line : Thursday, October 02, 2008

Moser Baer bags $500-m contracts for solar modules
European cos’ orders to be executed over next four years. New Delhi, Oct. 1 Moser Baer India Ltd announced today it has secured orders worth $500 million to supply solar modules to two European solar system ...

SC appoints new technical member for Glivec case
Mumbai, Oct. 1 All decks seem to have been finally cleared for the review of the rejection of Novartis’ patent on its cancer drug Glivec. The Supreme Court has appointed Dr P.C. Chakraborty, of the Patent Office in Kolkata, as ...

The Ch... Banking sector funds outclass others in second quarter
Seven of 10 top MFs were banking schemes: Value Research. Mumbai, Oct. 1 While the financial crisis has felled several international banking giants, closer home, it is the banking sector funds that have outperformed all other categories of ...

Trade deficit surges to $49.1 b during April-Aug
Exports register 27% growth, imports rise 51% in August. New Delhi, Oct. 1 Even as the country’s exports and imports registered a substantial growth 35.1 per cent and 37.7 per cent in dollar terms, respectively, during the first five ...

Govt looking at 74% FDI cap in DTH sector
Move aimed at bringing parity with telecom industry. New Delhi, Oct. 1 In a move that could cheer to telecom companies wanting to offer DTH services, the Government is exploring the option to raise the current foreign direct investment (FDI) cap ...

Ten cos in fray for BSNL’s Rs 4,000-cr project
Billing and software solutions for cellular network expansion. New Delhi, Oct 1 As many as 10 IT majors including HCL, TCS, Tech Mahindra, Wipro, Infosys, Satyam and Prithvi Communications have put in their bids for the Rs 4000-crore project for ...

Car sales remain dull on high rates, tight finance
Two-wheelers gain momentum. New Delhi, Oct. 1 Auto sales during September remained drab with most customers refraining from purchases due to the Shradh period as well as high interest rates and tight ...

Accounting for greed?
A Sanskrit proverb translates as “If you forsake a certainty for an uncertainty, you will lose both the certainty and the uncertainty”. Any medical practitioner worth his fees would advise you that anything in excess is harmful. ...

ONGC will invest over Rs 5,000 cr in 4 years
Revamping three of the company’s main assets. Oil and Natural Gas Corporation of India will invest more than Rs 5,000 crore over the next four years to revamp three of their main assets and one sub-asset, said Mr A. K. Hazarika, Director, ...

Tata Steel Global buying 19.9% in New Millennium
The Canadian co is into development of iron ore properties. Mumbai, Oct. 1 Tata Steel Global Minerals Holdings Pte Ltd, Singapore, a wholly owned indirect subsidiary of Tata Steel Ltd, will acquire 19.9 per cent in New Millennium Capital ...

Greenspan: Revered to reviled?
He was hailed as the greatest central banker of all time (This writer thought so too). But former US Fed Chairman Mr Alan Greenspan’s reputation is heading towards ...

Online matrimonial services open new tech fronts
‘Engage’ mobile, DTH providers to extend reach. Chennai, Oct. 1 Playing Cupid is getting more hi-tech, with online matrimonial enterprises Shaadi.com and Bharat Matrimony each tying up with DTH and mobile services providers in the ...

Rs 100 a quintal bonus payment likely for paddy
Cabinet to take decision at its next meeting. The Centre is all set to announce a bonus for paddy over and above the already declared minimum support price (MSP) payable in the current 2008-09 marketing ...

Tech experts enable virtual walk through heritage sites
DIGITAL TRADITIONS. Chennai, Oct. 1 India’s cultural heritage and monuments are to be presented (in an interactive way) and preserved virtually with the Department of Science and Technology, Academia and Microsoft Research coming together ...

Monsoon draws to a close, rated ‘near normal’
Thiruvananthapuram, Oct. 1 The 2008 monsoon has ended with the country as a whole recording ‘near normal’ rainfall, according to an assessment by India Meteorological Department ...