The Hindu Business Line : Wednesday, November 15, 2006

RBI cautions banks against market risks
Banks are unlikely to face credit risk given the current level of economic growth, inflation and the good performance of the industrial sector. More

Tata Sons sells 0.86% in TCS
Raises Rs 900 cr to fund buys More

DoT puts on hold 50 ISP applications
`Unfair to punish cos with clean record' More

5.8 m hits a day at Ministry of Company Affairs portal
INFO ON FINGERTIPS More

Domestic airfares set to go up from tomorrow
Low-cost airlines hold meeting to decide on base fare More

Orascom may dilute stake in Hutchison
Move comes after talks for merger fell through More

Priority sector lending rises 33.7 pc in '05-06
Off-balance sheet exposures of scheduled commercial banks up 50 pc More

HCL Tech inks pact with Canadian co Celestica
To jointly design, make electronic products for global OEMs More

DLF settles minority shareholders' issue
To file for IPO `very soon' More

TCS up 3 pc on back of deal talk
Reports that TCS has inked a $100-million deal with US-based Kimberley Clarke saw the stock close almost three per cent higher on the BSE at Rs 1,106.25 on Tuesday. When contacted, the company refused to comment. In the recent past, the counter ... More

Glenmark gains on tax relief buzz
Reports of a proposal mooting tax exemption for all R&D pharma companies till the year 2015 energised the counter of Glenmark Pharma on the bourses on Tuesday. The stock, which closed almost four per cent higher at Rs 509.25 on the BSE, has ... More

Greaves Cotton plunges 18 pc
The stock of Greaves Cotton plummeted by more than 18 per cent on Tuesday on the BSE on rumours that Piaggio is likely to set up a plant in India. Given that 30-35 per cent of the company's revenue comes from Piaggio, this news is expected to ... More

Commitment to SC on essential drugs must be kept: Paswan
Healthcare spending to go up from 0.9 pc to 2-3 pc of the GDP in the next five years More

Easterly waves to drive rain in South
Contrary to forecast, a `low' has failed to show up in the Bay of Bengal for the second day running, but the southern peninsula will continue to receive showers from passing easterly waves. The ongoing rainfall activity will continue during ... More

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