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Monday, June 29, 2009
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OUTLOOK: Air India joins club seeking Govt support
New Delhi, June 28 As and when Air India gets financial assistance from the Government, it will join the league of a growing number of global airlines that have received aid from their ...

COURTS/LEGAL ISSUES: HC order brings RIL gas pricing issue to the fore
New Delhi, June 28 The recent judgment by the Bombay High Court in the Reliance Industries Ltd-Reliance Natural Resources Ltd (RIL-RNRL) case has generated some ...

OUTLOOK: Suzlon Q4 standalone net loss at Rs 183 cr
Mumbai, June 28 Suzlon Energy has posted a standalone net loss of Rs 183 crore for the quarter ended March 31, 2009 as against a net profit of Rs 482 crore in the corresponding quarter of the previous year. Income from operations fell 25 ...

OUTLOOK: IT cos expanding in Latin America
Near-shore presence to meet increasing demand from clients. Bangalore, June 28 Driven by customer demand, Indian IT firms such as TCS, Infosys, and Patni are enhancing their ‘near-shore’ delivery capabilities in Latin ...

URBAN DEVELOPMENT: Bandra-Worli sea link may not end Mumbai’s traffic woes
Mumbai, June 28 The Bandra-Worli sea link will be inaugurated on Tuesday. It could come as the best piece of news to car and bus commuters in Mumbai as the 10-km stretch sometimes takes up to an hour to cross on a ...

INFORMATION TECHNOLOGY: Information governance, a Board-level imperative
Treat information as an asset as valuable and as capable as money, stresses this expert.. Information management is increasingly evolving into information governance, as an enabler of better corporate governance, finds Alok Ohrie, ...

BUDGET: Venture capitalists look for positive tax signals
The advanced estimate figures issued by the Central Statistical Organisation (CSO) indicate that the Indian economy grew by 7.1 per cent in 2008-09. Specific measures for small units, exporters, automobiles, textiles, infrastructure ...

COMMODITIES: Rejig in allocation with hopes on new Government
Mumbai June 28 With the markets starting to look up, mutual funds are beginning to receive steady inflows. At Birla Sun Life Mutual Fund, assets under management (AUMs) rose by over 9 per cent this May. Mr ...

ROADWAYS: Meru Cabs sees additional Rs 100-cr investment
Bangalore, June 28 India Value Fund (IVF), a private equity, will be investing an additional Rs 100 crore to help V-Link Pvt Ltd expand its fleet of branded metered city cab service. IVF — which owns a majority stake of more than 50 ...

BRANDING: Meru Cabs sees additional Rs 100-cr investment
Bangalore, June 28 India Value Fund (IVF), a private equity, will be investing an additional Rs 100 crore to help V-Link Pvt Ltd expand its fleet of branded metered city cab service. IVF — which owns a majority stake of more than 50 ...

EXPORTS & IMPORTS: Sluggishness prevails in pepper market
Kochi, June 28 The pepper market in general has been sluggish during the week as the buyers were on a wait-and-watch mode. Because of moderately higher prices at almost all the origins and the economic slowdown in major buying countries on ...

REAL ESTATE & CONSTRUCTION: ‘Energy efficient buildings needed’
Hyderabad, June 28 “The problems of pollution and climate change don’t recognize any boundaries and equally affects both the developed and developing countries,” said Mr Mike Connor, British High Commissioner to ...






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Markets (June 26)
Nifty (at close)4,375.50 (+133.65)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


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Jun. 21-Jun. 27
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