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External borrowing limit for infrastructure cos hiked
Limit increased from $100 million to $500 million a year. New Delhi, Sept. 22 In a move that could help spur investments in sectors such as roads, power and telecom, the Government has further liberalised the external commercial borrowings ...
4 SEZs in Tamil Nadu get in-principle nod
New Delhi, Sept. 22 Tamil Nadu bagged four in-principle approvals for Special Economic Zones (SEZ) among the 10 proposals that got in-principle nod by the Board of Approval (BoA) for SEZs that includes L&T Shipbuilding Ltd-promoted ...
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Mr Ashok Chawla, Secretar...
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TODAY'S PICK (Latest Audio: English/Tamil)
Sobha Developers (Rs 200.80): SELL
We recommend a sell in Sobha Developers from a short-term perspective. It is clearly evident from the charts of Sobha Developers that it has been on a long-term downtrend from its January peak of Rs 1,041, forming lower peaks and lower ...
Day trading Guide
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Domestic airlines clip staff strength
Kingfisher, JetLite cutback to stay afloat. New Delhi, Sept. 22 To achieve economies of scale and stay afloat despite a decline in passenger numbers, several domestic airlines are looking to downsize their workforce. On Monday, Kingfisher ...
Goldman Sachs, Morgan Stanley arms need RBI nod
For the time being to be under SEBI watch. Mumbai, Sept. 22 There is unlikely to be any immediate change in the Indian operations of Morgan Stanley and Goldman Sachs which are permitted by the US Federal Reserve to become bank holding companies, ...
Tata Motors surveys 2 sites near Dharwad
Karnataka wants talks with Ratan Tata to take matter forward. Bangalore/Kolkata, Sept. 22 The Karnataka Government has sought an “early appointment” with Mr Ratan Tata, Chairman of the Tata Group, “to take forward the ...
Krishnapatnam power project’s land acquisition partially complete
Mumbai, Sept. 22 Land acquisition process for Krishnapatnam Ultra Mega Power Project of Reliance Power is partially complete. The company has acquired 1,800 acres, which was earlier held by government and private owners. The land would be ...
FDIC data hints at more financial trouble in US
Mumbai, Sept. 22 If the indications from Federal Deposit Insurance Corporation (FDIC), the fund established by the US government to insure deposits of banks and institutions, are anything to go by, the worst does not seem to be over for the ...
Wait gets longer for rural mobile services
1,000 towers operational against targeted 2,307. New Delhi, Sept. 22 The rural mobile project supported by the Government’s Universal Services Obligation fund may get delayed, with operators so far meeting only 50 per cent of the targeted ...
DoT sticks to sops for rural telephony
Rejects Finance Ministry’s demand for review. New Delhi, Sept 22 The disconnect between the Department of Telecom and the Finance Ministry over various policy issues has widened with the former rejecting a review of its decision to lower ...
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