The Hindu Business Line : Tuesday, October 21, 2008

WEB EXTRAS

FOREX: Indian Hotels net slips 5% on exchange loss
Mumbai Oct. 20 Indian Hotels Co Ltd, a Tata Group entity that runs the Taj Hotel chain, reported a nearly 5 per cent dip in net profit for the quarter ended September 30, 2008, at Rs 50.66 crore against Rs 53.24 crore in the corresponding ...

FINANCIAL MARKETS: Manmohan sees temporary slowdown
The Prime Minister, Dr Manmohan Singh, has admitted that the ongoing global financial crisis is likely to have an indirect impact on the Indian economy and “we must be prepared for a ...

OUTLOOK: Market meltdown forces GSPC to put off IPO plans
Kolkata, Oct. 20 Gujarat State Petroleum Corporation (GSPC) plans to raise equity finances for development of Deendayal gas field (KG-OSN-2001/3) in India’s KG Basin have come a cropper once ...

OUTLOOK: Credit squeeze unlikely to hit coffee offtake
illycaffe to source more beans. Bangalore, Oct. 20 illycaffe S.p.A, the world’s largest roaster of Espresso coffee, said the current economic crisis would have a marginal impact on consumption in markets such as the US and Europe. ...

NEW PROJECTS: RINL posts 26% growth in turnover
Visakhapatnam, Oct. 20 The Rashtriya Ispat Nigam Limited (RINL) has registered a record turnover of Rs 5,282 crore during the first half of the year, a growth of 26 per cent over last year’s figure, according to a press release ...

MODERNISATION: Bangalore airport to go slow on expansion
Bangalore, Oct. 20 Bangalore’s five-month-young airport, which was expected to have a dream take-off on the back of a phenomenal traffic growth during 2005-07, now seems to be going slow on its expansion plan in the face of a ...

OUTLOOK: L&T to retain medical equipment business
Mumbai, Oct. 20 Engineering and construction major Larsen & Toubro Ltd has decided to continue with the operations of its Mysore-based Medical Equipment & Systems (MED) ...

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Markets (Oct 20)

Nifty (at close)	3122.80(+48.45)
US Dollar (Buy/Sell)	48.99/49.00
Brent crude (a bbl) Rs	3,295
Gold (a gram) Rs	1,181
Silver (a kg) Rs	17,760

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