The Hindu Business Line : Tuesday, June 12, 2007

Speed Post intra-city rates slashed by 40%
The Department of Posts on Monday revised its tariffs for Speed Post service whereby sending packets within a city has become cheaper by 40 per cent even as couriering parcel over long distance has become dearer. The DoP has reduced rates of ... More

Core sector growth marginal in April
Slowdown in coal, cement, finished steel More

Film financing scripts happy tale for bankers
`Stringent selection criteria mitigating risks' More

ESPN buys Wisden's Cricinfo
Print, mobile service arm part of deal More

Promoting CFL: States switch off incandescent bulbs
ENERGY CONSERVATION More

Railways plans to raise freight charges
Extra levies effective from July 1 More

Salvage operation
AFFECTING LIVELIHOOD: Paddy being dried by farmers in Kukurmara village, 50 km from Guwahati, as rain water inundated their agricultural fields. Assam is primarily an agricultural State where 90 per cent of its population is dependent on rice ... More

Strides Arcolab buys Grandix for Rs 100 cr
Combining distribution network with products More

RIL to make presentation on K-G gas price formula
Formula being proposed has variables like crude price, exchange rate More

Hero Motors plans foray into 4-wheeler component biz
Hero Motors Ltd is looking to supply auto components to carmakers in the domestic and the overseas market. This follows its joint venture agreement signed last week with Kiriu Corporation, a subsidiary of Japan based Sumitomo Corporation to ... More

Bandwidth glut plagues telecom sector
Only 15% of international and 50% of domestic capacity used More

L&T Info aims at $1 b turnover
L&T Infotech, the IT subsidiary of Larsen & Toubro, will report a turnover of $1 billion (over Rs 4,000 crore at current exchange rates) within a period of three or four years, said Mr A.M. Naik, Chairman & Managing Director, L&T, at More

Jute crop size likely to be 10% lower
`Condition of plant good'; yield per hectare may go up More

Realty stocks climb betting on DLF issue
May become top listed real-estate stock by market cap More

Value buying seen in UCO Bank
A set of operators has recently began market-making in the UCO Bank. Market insiders say that a group of Mumbai and Kolkata punters has started picking up the stock at the current levels of Rs 23/Rs 24, betting on it fundamentals. The stock ... More

Diversified funds cut FMCG stocks
Diversified funds' exposure to the FMCG sector, which was somewhat looking up till a couple of months ago, seems to be waning, recent indications suggest. The few FMCG stocks that find their place in portfolios include some well-known names ... More

Heat wave relents under easterly influence
Some respite from sizzling hot conditions is at hand for north and northwest India under the benign influence of an unsettled weather pattern concurrently causing torrential rainfall over eastern China. The confluence of the prevailing ... More

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