The Hindu Business Line : Friday, November 28, 2008

CORPORATE

OVERSEAS BORROWINGS: Pricing norms eased for ADR/GDR issues by listed Indian cos
Latest revision in alignment with SEBI position. New Delhi, Nov. 27 The Finance Ministry has revised the pricing norms for Indian listed companies issuing American depository receipts (ADRs)/Global Depository Receipts (GDRs)/foreign currency ...

NEW PROJECTS: CCEA okays Kakatiya coal project
The Cabinet Committee on Economic Affairs (CCEA) on Thursday cleared the opening up of Kakatiya Longwall Project of Singareni Collieries Company Ltd in Andhra Pradesh. Once fully operational, the Kakatiya mines would supply 2.747 million tonnes ...

ALLIANCES & JOINT VENTURES: Klaus Multiparking, Automag join hands for facility in Pune
Klaus Multiparking has set up a manufacturing facility in Pune in a joint venture with Automag Group, a leading supplier of equipment for leading automotive companies, to produce the mechanised parking system ...

VENTURE CAPITAL: Totem Infra to raise funds for expansion
Hyderabad, Nov. 27 Totem Infrastructure is in the process of closing another round of funding through a consortium of private equity firms to part fund its expansion and ...

OUTLOOK: Honda New City prices to remain unchanged; other models may cost more
Madurai, Nov. 27 “The price of the newly-launched Honda New City will remain unchanged while for other models we need to increase prices by about 6 per cent to 7 per cent,” said Mr Masahiro Takadegawa, President and CEO, Honda ...

PEOPLE: Adani returns to safety from The Taj attack
Ahmedabad, Nov. 27 When his personal commando hurriedly called him to inform at 9.30 p.m. on Wednesday about the gunshots being fired outside The Taj Mahal Hotel in Mumbai, little did industrialist Gautam Adani realise that he would have to ...

PEOPLE: 18-hour ordeal for Andhra Bank top brass
Two Directors and two General Managers of Andhra Bank were trapped in their rooms for nearly 18 hours as terrorists ran amok in the South Mumbai five-star Hotel Trident at Nariman Point late ...

AWARDS & HONOURS: Vedanta chief bags E&Y award
Mr Anil Agarwal, Executive Chairman, Vedanta Resources, has been named the Ernst & Young Entrepreneur of the Year 2008. A six-member jury chaired by Mr K.V. Kamath, Managing Director and CEO, ICICI Bank, selected the finalists from over ...

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Markets (Nov 27)

Nifty (at close)	2752.25(+98.25)
US Dollar (Buy/Sell)	49.52/54
Brent crude (a bbl) Rs	2,454
Gold (a gram) Rs	1,196
Silver (a kg) Rs	18,065

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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
India Inc reacts strongly to Mumbai attacks

Foreign tourists not discouraged

Pricing norms eased for ADR/GDR issues by listed Indian cos

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Looking back
Nov. 16-Nov. 22
GMR puts Hyderabad airport expansion plans on hold

Hyundai to consider output cut despite 28% growth